Townsquare Media (TSQ) stake of 824,004 shares disclosed in 13G/A
Rhea-AI Filing Summary
Townsquare Media, Inc. received an updated ownership report from American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research regarding its Class A Common Stock. The reporting group states beneficial ownership of 824,004 shares, representing 4.9% of the class.
The group reports 794,228 shares with sole voting power and 824,004 shares with sole dispositive power, with no shared voting or dispositive power. The securities are held across various investment companies and institutional accounts advised by American Century Investment Management, and no single client advised by it owns more than 5% of the class.
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Key Figures
Beneficial ownership: 824,004 shares
Ownership percentage: 4.9%
Sole voting power: 794,228 shares
+3 more
6 metrics
Beneficial ownership
824,004 shares
Class A Common Stock beneficially owned by reporting group
Ownership percentage
4.9%
Percent of Townsquare Media Class A Common Stock outstanding
Sole voting power
794,228 shares
Shares over which the group has sole power to vote
Sole dispositive power
824,004 shares
Shares over which the group has sole power to dispose
Shared voting power
0 shares
Shares with shared power to vote
Shared dispositive power
0 shares
Shares with shared power to dispose
Key Terms
beneficial owner, sole voting power, sole dispositive power, Investment Advisers Act of 1940
4 terms
beneficial owner financial
"that is a beneficial owner of securities that are subject of this schedule"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"5 | Sole Voting Power 794,228.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 824,004.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Act of 1940 regulatory
"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
FAQ
What ownership stake in TSQ is reported in this Schedule 13G/A?
The filing reports beneficial ownership of 824,004 shares of Townsquare Media Class A Common Stock, representing 4.9% of the outstanding class held across various advised accounts.
Who are the reporting persons in the Townsquare Media (TSQ) ownership filing?
The reporting persons are American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research, acting together with respect to their beneficial ownership of TSQ Class A Common Stock.
Do any single American Century clients own more than 5% of TSQ?
No. The filing states that no single client advised by American Century Investment Management, Inc. owns more than 5% of the Townsquare Media Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.