Institutional Holders Report 5% Stakes in Tenable (TENB)
Rhea-AI Filing Summary
Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC filed Schedule 13G disclosures reporting significant holdings of Tenable Holdings common stock. Ameriprise reports an aggregate beneficial ownership of 6,466,182 shares (5.3%) with shared voting power of 6,058,433 and shared dispositive power of 6,466,182. Columbia Management reports 6,221,404 shares (5.1%) with shared voting power of 6,058,433 and shared dispositive power of 6,221,404.
The filing notes that AFI is the parent of CMIA and that AFI’s reported total includes CMIA’s shares, while both AFI and CMIA disclaim beneficial ownership of the shares reported by the other. Both reporting persons certify the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.
Positive
- Institutional ownership disclosed: Ameriprise reports 6,466,182 shares (5.3%); Columbia Management reports 6,221,404 shares (5.1%).
- Passive intent certified: Both filers state the securities are held in the ordinary course of business and not to change or influence control.
Negative
- None.
Insights
TL;DR Institutional holders reported passive stakes just above 5%, indicating notable passive ownership without an intent to exert control.
Ameriprise and Columbia Management each report ownership above the 5% threshold, which can affect float and concentration. The filings show shared voting and dispositive power rather than sole control, and both sign certifications that holdings are passive. For investors, this is a factual update on ownership concentration; it does not signal an active proxy or control campaign based on the statements in the filing.
TL;DR Schedule 13G filings and explicit certifications indicate passive institutional holdings, with AFI noting a parent/subsidiary reporting relationship.
The filing clarifies the relationship between AFI and CMIA: AFI includes CMIA’s reported shares in its aggregate figure but disclaims direct beneficial ownership. The document records shared voting arrangements and standard certifications that the stakes are held in the ordinary course of business and not to influence control, consistent with a passive institutional investor disclosure.