[SCHEDULE 13G/A] SmartRent, Inc. SEC Filing
SmartRent (SMRT): Citigroup files amended Schedule 13G reporting a passive beneficial ownership position. Citigroup and affiliates disclosed beneficial ownership of 15,672,936 shares of Class A common stock, representing 8.3% of the class as of the event date 09/30/2025.
The filing lists shared voting and dispositive power over 15,672,936 shares and no sole voting or dispositive power. Reporting entities include Citigroup Inc., Citigroup Global Markets Inc., Citigroup Financial Products Inc., and Citigroup Global Markets Holdings Inc. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
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Insights
Passive 13G update: Citigroup at 8.3% of SmartRent
Citigroup filed an amended Schedule 13G reflecting a passive stake in SmartRent. The position is disclosed at 15,672,936 shares, or 8.3% of the Class A common stock, tied to an event date of
The 13G certification indicates the holdings are in the ordinary course of business and not for the purpose of influencing control, which aligns with a passive reporting status. Subsidiary relationships are outlined, with Citigroup as the parent over CGM Holdings, CFP, and CGM.
This update primarily informs market ownership and does not, by itself, signal operational or financial changes at the issuer. Any impact depends on future disclosures or changes in reported ownership.