[SCHEDULE 13G] QVC Group, Inc. 8.0% Fixed Rate Cumulative Redeemable Preferred Stock SEC Filing

Rhea-AI Filing Summary

Asymmetry Point LP, Asymmetry Point Capital LLC and Mr. Aviv Argaman report beneficial ownership of 435,000 shares of QVC Group, Inc. Series A common stock, representing 5.52% of the 7,885,884 shares outstanding used for the calculation. The filing states the shares are held by Asymmetry Point LP, with Asymmetry Point Capital LLC as the general partner and Mr. Aviv Argaman the fund manager, each reporting sole voting and dispositive power over the 435,000 shares. The reporting persons certify the holdings were not acquired to change or influence control of the issuer. Contact and organizational details for each reporting person and the issuer's principal office are included.

Positive

• Clear disclosure of beneficial ownership with specified voting and dispositive powers for each reporting person
• Stake exceeds 5% threshold (5.52%), which provides transparency to other investors and the issuer
• Filing asserts passive intent by certifying the shares were not acquired to change or influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: A single investor group discloses a 5.52% stake in QVC Group, signaling a significant minority holding without stated intent to control.

The Schedule 13G shows a 5.52% beneficial ownership based on 7,885,884 shares outstanding as of May 28, 2025, with 435,000 shares held by Asymmetry Point LP. The ownership is reported as sole voting and dispositive power by the reporting entities and the individual manager, indicating consolidated control within the group for voting purposes. This is a routine beneficial ownership disclosure under passive investor reporting rules; no acquisition purpose to influence control was asserted.

Corporate Governance Expert

TL;DR: Ownership disclosure is material for governance monitoring but contains no indication of activist intent or plans to alter control.

The filing identifies the relationships among the LP, its general partner and the fund manager, clarifying who holds voting and dispositive authority over the 435,000 shares. Because the filers checked the Schedule 13G framework and included the certification that shares were not acquired to change control, this aligns with passive investor treatment rather than an active 13D campaign. Board and management should note the emergence of a >5% holder but no governance actions are described.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

QVC Group, Inc.

(Name of Issuer)

SERIES A COMMON STOCK

(Title of Class of Securities)

74915M605

(CUSIP Number)

08/27/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 74915M605

1

Names of Reporting Persons

Asymmetry Point LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 435,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 435,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

435,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.52 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Calculated based on 7,885,884 shares of Series A Common Stock of QVC Group, Inc. ("Issuer") as of May 28, 2025, as reported in the Form 10-Q for the quarter ended June 30, 2025, filed by the Issuer with the SEC on August 7, 2025.

SCHEDULE 13G

CUSIP No. 74915M605

1

Names of Reporting Persons

Asymmetry Point Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 435,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 435,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

435,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.52 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Asymmetry Point Capital LLC is the General Partner of Asymmetry Point LP and may be deemed to have sole voting and dispositive power over the 435,000 Shares held by Asymmetry Point LP. Percentage of beneficial ownership calculated based on 7,885,884 shares of Series A Common Stock of the Issuer as of May 28, 2025, as reported in the Form 10-Q for the quarter ended June 30, 2025, filed by the Issuer with the SEC on August 7, 2025.

SCHEDULE 13G

CUSIP No. 74915M605

1

Names of Reporting Persons

Mr. Aviv Argaman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 435,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 435,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

435,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.52 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: As the Fund Manager of Asymmetry Point Capital LLC (the "General Partner"), Mr. Aviv Argaman may be deemed to have sole voting and dispositive power over the 435,000 Shares held by Asymmetry Point LP. Percentage of beneficial ownership calculated based on 7,885,884 shares of Series A Common Stock of the Issuer as of May 28, 2025, as reported in the Form 10-Q for the quarter ended June 30, 2025, filed by the Issuer with the SEC on August 7, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: QVC Group, Inc.
(b)	Address of issuer's principal executive offices: 1200 Wilson Dr., West Chester, Pennsylvania 19380
Item 2.
(a)	Name of person filing: Asymmetry Point LP Asymmetry Point Capital LLC Mr. Aviv Argaman
(b)	Address or principal business office or, if none, residence: Asymmetry Point LP 100 Biscayne Blvd Floor 12, Miami, Florida 33132 Asymmetry Point Capital LLC 100 Biscayne Blvd Floor 12, Miami, Florida 33132 Mr. Aviv Argaman 100 Biscayne Blvd Floor 12, Miami, Florida 33132
(c)	Citizenship: Asymmetry Point LP is a Delaware limited partnership Asymmetry Point Capital LLC is incorporated in the state of Florida, USA Mr. Aviv Argaman is a citizen of Israel
(d)	Title of class of securities: SERIES A COMMON STOCK
(e)	CUSIP No.: 74915M605
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference from Item 5-11 on the cover page of each Reporting Person.
(b)	Percent of class: Incorporated by reference from Item 11 on the cover page of each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Incorporated by reference from Item 5 on the cover page of each Reporting Person.
	(ii) Shared power to vote or to direct the vote: 0 for all Reporting Persons.
	(iii) Sole power to dispose or to direct the disposition of: Incorporated by reference from Item 7 on the cover page of each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: 0 for all Reporting Persons.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Asymmetry Point LP

Signature:	/s/ Asymmetry Point Capital LLC
Name/Title:	General Partner
Date:	09/02/2025

Signature:	/s/ Aviv Argaman
Name/Title:	President and Secretary
Date:	09/02/2025

Asymmetry Point Capital LLC

Signature:	/s/ Aviv Argaman
Name/Title:	President and Secretary
Date:	09/02/2025

Mr. Aviv Argaman

Signature:	/s/ Aviv Argaman
Name/Title:	AVIV ARGAMAN
Date:	09/02/2025

FAQ

What stake in QVC Group, Inc. (QVCGP) is reported by Asymmetry Point?

The filing reports beneficial ownership of 435,000 shares, equal to 5.52% of the 7,885,884 shares used in the calculation.

Who holds voting and dispositive power over the reported shares?

Asymmetry Point LP holds the shares; Asymmetry Point Capital LLC is the general partner and Mr. Aviv Argaman as fund manager is reported to have sole voting and dispositive power.

Did the filers state an intent to influence control of QVC Group?

No. The certification in the filing states the securities were not acquired to change or influence control of the issuer.

What basis was used to calculate the percent ownership?

Percent ownership is calculated using 7,885,884 shares of Series A common stock outstanding as of May 28, 2025, per the issuer's public filing referenced in the Schedule 13G.

When were the signatures dated on the Schedule 13G?

The signatures for the reporting persons are dated 09/02/2025.