Alyeska discloses 10.2M-share SunPower (SPWR) position at 4.73% of class
Rhea-AI Filing Summary
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh reported ownership of common stock of SunPower Inc. on an amended Schedule 13G (Amendment No. 2). They beneficially own 10,196,302 shares of SunPower common stock, representing 4.73% of the outstanding class.
For all three reporting persons, there is no sole voting or dispositive power; instead, they report shared voting power and shared dispositive power over the same 10,196,302 shares. The ownership is categorized under “Ownership of 5 percent or less of a class.” The report is made jointly pursuant to a joint filing statement under Rule 13d-1(k).
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 10,196,302 shares
Percent of class: 4.73%
Shared voting power: 10,196,302 shares
+2 more
5 metrics
Shares beneficially owned
10,196,302 shares
Common stock of SunPower Inc. reported by Alyeska and affiliates
Percent of class
4.73%
Percentage of SunPower common stock class beneficially owned
Shared voting power
10,196,302 shares
Shares over which reporting persons share voting power
Sole voting power
0 shares
Shares over which reporting persons have sole voting power
Shared dispositive power
10,196,302 shares
Shares over which reporting persons share dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 10,196,302"
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.
Schedule 13G regulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Rule 13d-1(k) regulatory
"JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k)"
FAQ
What stake in SunPower Inc. (SPWR) does Alyeska report in this Schedule 13G/A?
Alyeska and associated reporting persons report beneficial ownership of 10,196,302 shares of SunPower Inc. common stock, representing 4.73% of the outstanding class, with only shared voting and shared dispositive power over these shares.
Who are the reporting persons in the SunPower (SPWR) Schedule 13G/A amendment?
The reporting persons are Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh. All three report the same 10,196,302 shares of SunPower common stock with shared voting and dispositive power.
What percentage of SunPower (SPWR) common stock is reported as owned by Alyeska?
Alyeska and the other reporting persons state beneficial ownership of 4.73% of SunPower’s common stock. This corresponds to 10,196,302 shares and is characterized as ownership of 5 percent or less of the class.
What is the nature of the joint filing for SunPower (SPWR) in this Schedule 13G/A?
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh execute a joint filing statement under Rule 13d-1(k), agreeing that this and subsequent Schedule 13G amendments are filed on behalf of each of them, with each responsible for its own information.
AI-generated analysis. How Rhea-AI works. Not financial advice.