Temasek (TPG) holds 10.03M Class A shares, representing 6.5%

Rhea-AI Filing Summary

Temasek Holdings reports beneficial ownership of 10,028,107 shares of TPG Inc. Class A common stock, representing 6.5% of the class. These shares are held directly by four indirect wholly‑owned subsidiaries and Temasek discloses shared voting and dispositive power over the 10,028,107 shares based on 153,715,203 shares outstanding as of February 12, 2026.

Insights

Institutional Ownership Analyst

Large passive stake reported: 6.5% of Class A shares held via subsidiaries.

Temasek discloses beneficial ownership of 10,028,107 shares held by four indirect wholly‑owned subsidiaries, with shared voting and dispositive power. The position is reported on a Schedule 13G/A, which typically indicates passive or non‑active investor status.

The economic and voting influence depends on whether the stake is coordinated with other holders; subsequent filings would disclose any changes. Voting and disposition are shared across the subsidiaries named in the filing.

Key Figures

Shares beneficially owned: 10,028,107 shares Percent of class: 6.5% Shares outstanding (context): 153,715,203 shares

3 metrics

Shares beneficially owned 10,028,107 shares Temasek beneficial ownership via four indirect subsidiaries

Percent of class 6.5% Based on 153,715,203 shares outstanding as of February 12, 2026

Shares outstanding (context) 153,715,203 shares Outstanding Class A shares as of February 12, 2026 (source: issuer's Form 10-K cited)

Key Terms

beneficially own, shared dispositive power, Schedule 13G/A

3 terms

beneficially own regulatory

"Temasek may be deemed to beneficially own an aggregate of 10,028,107 shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

shared dispositive power regulatory

"Shared Dispositive Power 10,028,107.00"

Schedule 13G/A regulatory

"(Amendment No. 4 ) TPG Inc. Class A Common Stock"

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.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

TPG Inc.

(Name of Issuer)

Class A Common Stock, par value $0.001 per share

(Title of Class of Securities)

872657101

(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): 872657101

1

Names of Reporting Persons

Temasek Holdings (Private) 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

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,028,107.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,028,107.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,028,107.00

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)

6.5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TPG Inc.
(b)	Address of issuer's principal executive offices: 301 Commerce Street, Suite 3300, Fort Worth, TX 76102
Item 2.
(a)	Name of person filing: Temasek Holdings (Private) Limited ("Temasek")
(b)	Address or principal business office or, if none, residence: 60B Orchard Road, #06-18, The Atrium@Orchard, Singapore 238891.
(c)	Citizenship: Republic of Singapore.
(d)	Title of class of securities: Class A Common Stock, par value $0.001 per share
(e)	CUSIP No.: 872657101
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: Temasek may be deemed to beneficially own an aggregate of 10,028,107 shares of the Issuer's Class A common stock that are directly owned by four indirect wholly-owned subsidiaries of Temasek.
(b)	Percent of class: 6.5% Based on 153,715,203 shares of the Issuer's Class A common stock outstanding as of February 12, 2026, as set forth in the Issuer's annual report on Form 10-K filed with the Securities and Exchange Commission on February 17, 2026.
(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: 10,028,107
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 10,028,107
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.

Temasek Holdings (Private) Limited

Signature:	/s/ Jason Norman Lee
Name/Title:	Jason Norman Lee / Authorized Signatory
Date:	04/17/2026

FAQ

How many TPG (TPG) Class A shares does Temasek own?

Temasek beneficially owns 10,028,107 shares of TPG Class A common stock. The shares are held by four indirect wholly‑owned subsidiaries and are reported with shared voting and dispositive power.

What percent of TPG does Temasek's stake represent?

Temasek's holdings represent 6.5% of TPG's Class A common stock. This percentage is based on 153,715,203 shares outstanding as of February 12, 2026 as stated in the filing.

Does Temasek have sole voting control of the shares?

No. The filing states Temasek has 0 shares of sole voting power and reports 10,028,107 shares of shared voting power. Voting authority is therefore shared among the named subsidiaries.

How are Temasek's holdings held?

The filing discloses the shares are directly owned by four indirect wholly‑owned subsidiaries of Temasek. Temasek is reported as beneficial owner through those subsidiaries with shared dispositive power over the shares.

What SEC form did Temasek file to disclose this stake in TPG?

Temasek filed an amendment on a Schedule 13G/A to report beneficial ownership of TPG Class A common stock. Schedule 13G/A is used to amend passive investor ownership disclosures.