Arini Capital reports 36.6M shares (9.26%) of Sabre
Sabre Corporation: Arini Capital Management Limited filed Amendment No. 1 reporting beneficial ownership of 36,608,248 shares of Common Stock, equal to 9.26% of the class based on 395,165,033 Class A ordinary shares.
Sabre Corporation: Arini Capital Management Limited filed Amendment No. 1 reporting beneficial ownership of 36,608,248 shares of Common Stock, equal to 9.26% of the class based on 395,165,033 Class A ordinary shares.
The schedule lists related entities and persons with shared voting and dispositive power over the same 36,608,248 shares, including Arini Credit Master Fund Limited holding 35,143,918 shares and Squarepoint Diversified Partners Fund 7 Limited holding 1,464,330 shares. Ownership figures are tied to the issuer's 10-K disclosure dated February 18, 2026 as the share base for the percentage calculation.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed by a multi-entity investment group.
The filing shows 36,608,248 shares beneficially controlled across affiliated entities, reported as 9.26% of Sabre's Class A ordinary shares using the issuer's 10-K share count of 395,165,033. The disclosure clarifies shared voting and dispositive power among Arini-related entities.
Key dependencies include the group structure: Arini Capital Management, Arini US, Arini Holdings (Jersey), Arini Credit Master Fund and an affiliate relationship with Squarepoint's DIV7. Subsequent filings could update percentages if the issuer's outstanding share count or holdings change.
Key Figures
Beneficial ownership:36,608,248 sharesPercent of class:9.26%Issuer share count used:395,165,033 shares+2 more
5 metrics
Beneficial ownership36,608,248 sharesAmount reported by Arini Capital Management Limited
Percent of class9.26%Calculated using the issuer's 10-K share count
Issuer share count used395,165,033 sharesClass A ordinary shares per Sabre's 10-K (Feb 18, 2026)
Arini Credit Master Fund holding35,143,918 sharesReported shared holdings under Arini group
Squarepoint DIV7 holding1,464,330 sharesReported shared holdings under related affiliate
Key Terms
Beneficially owned, Shared Voting Power, Schedule 13G/A, Dispositive Power
4 terms
Beneficially ownedregulatory
"Amount beneficially owned: 36,608,248"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared Voting Powerregulatory
"Shared Voting Power 36,608,248.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Schedule 13G/Aregulatory
"SCHEDULE 13G/A (Amendment No. 1 )"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Dispositive Powerregulatory
"Shared Dispositive Power 36,608,248.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What stake does Arini Capital report in SABR?
Arini Capital reports beneficial ownership of 36,608,248 shares, representing 9.26% of Class A ordinary shares calculated against 395,165,033 shares disclosed in Sabre's 10-K filed February 18, 2026.
Which related entities are listed with shared power over SABR shares?
The filing lists Arini Capital Management Limited, Arini Capital Management US LLC, Arini Capital Management Holdings (Jersey) Limited, Arini Credit Master Fund Limited, and Squarepoint Diversified Partners Fund 7 Limited as related entities with shared voting/dispositive power.
How was the 9.26% ownership percentage calculated?
The percentage was calculated using 395,165,033 Class A ordinary shares as the denominator, a figure taken from the issuer's 10-K referenced in the schedule; the filing ties the ownership fraction to that stated 10-K figure.
Who signed the Schedule 13G/A for the Arini group?
The filing is signed by Hamza Lemssouguer, Founder and Chief Investment Officer, who is identified as sole owner of Arini Capital Management Holdings (Jersey) Limited and appears as the signing person on the amendment.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Sabre Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
78573M104
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Arini Capital Management Limited
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
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
36,608,248.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
36,608,248.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,608,248.00
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)
9.26 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Arini Capital Management Limited ("ACM"), a United Kingdom private limited company, is the principal investment manager to a number of private funds and discretionary accounts (collectively, the "Accounts")
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Arini Capital Management US 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
36,608,248.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
36,608,248.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,608,248.00
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)
9.26 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Arini Capital Management US LLC ("ACM US"), a Delaware limited liability company, is a sub-advisor to ACM and the Accounts.
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Arini Credit Master Fund Limited
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
35,143,918.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
35,143,918.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
35,143,918.00
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)
8.89 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Arini Credit Master Fund Limited ("ACMF"), a Cayman Islands exempted company. ACM is the investment advisor to ACMF, with ACM US acting as sub-advisor.
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Squarepoint Diversified Partners Fund 7 Limited
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,464,330.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,464,330.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,330.00
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)
0.37 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Squarepoint Diversified Partners Fund 7 Limited ("DIV7"), a Cayman Islands exempted company. Squarepoint Ops LLC is the principal investment manager to DIV7, ACM is the sub-advisor to DIV7 and holds investment discretion for DIV7, with ACM US being a sub-sub-advisor.
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Arini Capital Management Holdings (Jersey) Limited
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
JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
36,608,248.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
36,608,248.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,608,248.00
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)
9.26 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Arini Capital Management Holdings (Jersey) Limited ("ACMH"), a Jersey company. ACMH is the sole owner of ACM.
SCHEDULE 13G
CUSIP Number(s):
78573M104
1
Names of Reporting Persons
Hamza M. Lemssouguer
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
FRANCE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
36,608,248.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
36,608,248.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,608,248.00
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)
9.26 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Hamza Lemssouguer is the Founder and CIO of ACM. Hamza Lemssouguer is the sole owner of ACMH.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Sabre Corporation
(b)
Address of issuer's principal executive offices:
3150 Sabre Drive, Southlake, TX 76092
Item 2.
(a)
Name of person filing:
Arini Capital Management Limited
(b)
Address or principal business office or, if none, residence:
2 Park Street, 2nd & 3rd Floors, London, UK W1K 2HX
(c)
Citizenship:
United Kingdom
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
78573M104
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:
36,608,248
(b)
Percent of class:
9.26%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
36,608,248
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
36,608,248
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
ACM serves as the principal investment manager to the Accounts and thus may be deemed beneficial owners of the Ordinary Shares in the Accounts managed by ACM and/or ACM US. ACMH serves as the sole owner of ACM. As such, ACMH may be deemed to control ACM and, therefore, may be deemed to be the beneficial owners of the Ordinary Shares reported in this Schedule 13G. Hamza Lemssouguer is the sole owner of ACMH, and, for purposes of this Schedule 13G, may be deemed a beneficial owner of the Ordinary Shares reported herein.
The percentages reported in this Schedule 13G have been calculated based on 395,165,033 Class A ordinary shares, as set forth in the Issuer's 10-K filed with the SEC on February 18, 2026.
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.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Item 6
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.
Arini Capital Management Limited
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
Date:
05/15/2026
Arini Capital Management US LLC
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
Date:
05/15/2026
Arini Credit Master Fund Limited
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
Date:
05/15/2026
Squarepoint Diversified Partners Fund 7 Limited
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
Date:
05/15/2026
Arini Capital Management Holdings (Jersey) Limited
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
Date:
05/15/2026
Hamza M. Lemssouguer
Signature:
/s/ Hamza Lemssouguer
Name/Title:
Hamza Lemssouguer, Founder and Chief Investment Officer
