Sportradar (SRAD): Spruce House group reports 12.5M-share, 5.8% ownership stake

Rhea-AI Filing Summary

Sportradar Group AG is reported as having 12,521,516 Class A Ordinary Shares beneficially owned by a group of related Spruce House entities and individuals. These shares represent 5.8% of the Class A Ordinary Shares outstanding.

The shares are held directly by The Spruce House Partnership LLC, with Spruce House Investment Management LLC, Spruce House Capital LLC, Zachary Sternberg, and Benjamin Stein reporting shared voting and dispositive power over the same 12,521,516 shares and no sole voting or dispositive power. Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Key Figures

Shares beneficially owned: 12,521,516 shares Ownership percentage: 5.8% Sole voting power: 0 shares +3 more

6 metrics

Shares beneficially owned 12,521,516 shares Class A Ordinary Shares of Sportradar Group AG reported by each Spruce House reporting person

Ownership percentage 5.8% Percent of Sportradar Class A Ordinary Shares attributed to each reporting person

Sole voting power 0 shares Each reporting person reports no sole power to vote or direct the vote

Shared voting power 12,521,516 shares Shares over which each reporting person has shared power to vote or direct the vote

Sole dispositive power 0 shares Each reporting person reports no sole power to dispose or direct disposition

Shared dispositive power 12,521,516 shares Shares over which each reporting person has shared power to dispose or direct disposition

Key Terms

beneficial ownership, shared voting power, dispositive power, Schedule 13G, +1 more

5 terms

beneficial ownership financial

"All of the shares which ... may be deemed to beneficially own are held directly"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared voting power financial

"Shared Voting Power 12,521,516.00"

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.

dispositive power financial

"Shared Dispositive Power 12,521,516.00"

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.

Schedule 13G regulatory

"This shall not be deemed an admission that the Reporting Persons are beneficial owners"

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.

pecuniary interest financial

"disclaims beneficial ownership of the shares reported herein except to the extent of the Reporting Person's pecuniary interest"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/11/2026 - 04:40 PM Accepted by SEC EDGAR 08/11/2026 - 04:40 PM Learn about SEC filing dates

FAQ

How many Sportradar (SRAD) shares does the Spruce House group report owning?

The Spruce House reporting group reports beneficial ownership of 12,521,516 Class A Ordinary Shares of Sportradar Group AG. All of these shares are held directly by The Spruce House Partnership LLC, with related entities and individuals reporting shared power over them.

What percentage of Sportradar (SRAD) does the Spruce House group beneficially own?

The Spruce House reporting persons state beneficial ownership of 5.8% of Sportradar’s Class A Ordinary Shares. This percentage is reported consistently for each of the five reporting persons listed in the Schedule 13G filing.

Which entities and individuals filed this Schedule 13G for Sportradar (SRAD)?

The filing lists Spruce House Investment Management LLC, Spruce House Capital LLC, The Spruce House Partnership LLC, Zachary Sternberg, and Benjamin Stein as reporting persons, all associated with the same 12,521,516 Sportradar Class A shares.

Do the Spruce House filers have sole or shared voting power over Sportradar (SRAD) shares?

Each reporting person reports 0 shares with sole voting power and 12,521,516 shares with shared voting power. They similarly report 0 shares with sole dispositive power and 12,521,516 shares with shared dispositive power.

Where are the Spruce House reporting entities for Sportradar (SRAD) organized and based?

Spruce House Investment Management LLC, Spruce House Capital LLC, and The Spruce House Partnership LLC are organized in Delaware. Their principal business office is listed as 435 Hudson Street, Suite 804, New York, NY 10014 in the United States.

Do the Spruce House reporting persons admit full beneficial ownership of their Sportradar (SRAD) stake?

The reporting persons state the shares are held by The Spruce House Partnership LLC and disclaim beneficial ownership of the reported shares, except to the extent of any pecuniary interest they may have in those shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Sportradar Group AG

(Name of Issuer)

Class A Ordinary Shares, nominal value CHF 0.10 per share

(Title of Class of Securities)

H8088L103

(CUSIP Number)

08/04/2026

(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): H8088L103

1

Names of Reporting Persons

Spruce House Investment Management 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 12,521,516.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,521,516.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,521,516.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP Number(s): H8088L103

1

Names of Reporting Persons

Spruce House 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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 12,521,516.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,521,516.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,521,516.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): H8088L103

1

Names of Reporting Persons

The Spruce House Partnership 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 12,521,516.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,521,516.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,521,516.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): H8088L103

1

Names of Reporting Persons

Zachary Sternberg

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 STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 12,521,516.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,521,516.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,521,516.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP Number(s): H8088L103

1

Names of Reporting Persons

Benjamin Stein

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 STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 12,521,516.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 12,521,516.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,521,516.00

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)

5.8 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sportradar Group AG
(b)	Address of issuer's principal executive offices: Feldlistrasse 2 St. Gallen, Switzerland CH-9000
Item 2.
(a)	Name of person filing: Spruce House Investment Management LLC Spruce House Capital LLC The Spruce House Partnership LLC Zachary Sternberg Benjamin Stein
(b)	Address or principal business office or, if none, residence: 435 Hudson Street, Suite 804 New York, NY 10014
(c)	Citizenship: Spruce House Investment Management - Delaware Spruce House Capital - Delaware The Spruce House Partnership - Delaware Zachary Sternberg - United States of America Benjamin Stein - United States of America
(d)	Title of class of securities: Class A Ordinary Shares, nominal value CHF 0.10 per share
(e)	CUSIP Number(s): H8088L103
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: Spruce House Investment Management LLC - 12,521,516 Spruce House Capital LLC - 12,521,516 The Spruce House Partnership LLC - 12,521,516 Zachary Sternberg - 12,521,516 Benjamin Stein - 12,521,516
(b)	Percent of class: Spruce House Investment Management LLC 5.8% Spruce House Capital LLC - 5.8% The Spruce House Partnership LLC - 5.8% Zachary Sternberg - 5.8% Benjamin Stein - 5.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Spruce House Investment Management LLC - 0 Spruce House Capital LLC - 0 The Spruce House Partnership LLC - 0 Zachary Sternberg - 0 Benjamin Stein - 0
	(ii) Shared power to vote or to direct the vote: Spruce House Investment Management LLC - 12,521,516 Spruce House Capital LLC - 12,521,516 The Spruce House Partnership LLC - 12,521,516 Zachary Sternberg - 12,521,516 Benjamin Stein - 12,521,516
	(iii) Sole power to dispose or to direct the disposition of: Spruce House Investment Management LLC - 0 Spruce House Capital LLC - 0 The Spruce House Partnership LLC - 0 Zachary Sternberg - 0 Benjamin Stein - 0
	(iv) Shared power to dispose or to direct the disposition of: Spruce House Investment Management LLC - 12,521,516 Spruce House Capital LLC - 12,521,516 The Spruce House Partnership LLC - 12,521,516 Zachary Sternberg - 12,521,516 Benjamin Stein - 12,521,516 All of the shares which Spruce House Investment Manager LLC, Spruce House Capital LLC, The Spruce House Partnership LLC, Zachary Sternberg, and Benjamin Stein (collectively, the "Reporting Persons") may be deemed to beneficially own are held directly by The Spruce House Partnership LLC. Spruce House Investment Management LLC and Spruce House Capital LLC are the investment advisor to and general partner of, respectively, The Spruce House Partnership LLC, and may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the shares held directly by The Spruce House Partnership LLC. By virtue of their positions with certain of the Reporting Persons, each of Messrs. Sternberg and Stein may be deemed to have the shared power to vote or direct the vote of (and the shared power to dispose or direct the disposition of) the shares held directly by The Spruce House Partnership LLC. This Schedule 13G shall not be deemed an admission that the Reporting Persons are beneficial owners of the shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of the Reporting Person's pecuniary interest, if any, therein.
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.
	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.

Spruce House Investment Management LLC

Signature:	/s/ Zachary Sternberg
Name/Title:	Managing Member
Date:	08/11/2026

Spruce House Capital LLC

Signature:	/s/ Zachary Sternberg
Name/Title:	Managing Member
Date:	08/11/2026

The Spruce House Partnership LLC

Signature:	/s/ Zachary Sternberg
Name/Title:	Manager
Date:	08/11/2026

Zachary Sternberg

Signature:	/s/ Zachary Sternberg
Name/Title:	Zachary Sternberg
Date:	08/11/2026

Benjamin Stein

Signature:	/s/ Benjamin Stein
Name/Title:	Benjamin Stein
Date:	08/11/2026