Citigroup (NYSE: C) discloses 1.38% beneficial stake in Wolfspeed (WOLF)
Rhea-AI Filing Summary
Citigroup-affiliated entities report a minority stake in Wolfspeed, Inc. Citigroup Global Markets Inc., Citigroup Financial Products Inc., Citigroup Global Markets Holdings Inc., and Citigroup Inc. together report beneficial ownership of 719,122 shares of Wolfspeed common stock (CUSIP 97785W106).
This position represents 1.38% of the outstanding common stock, with no sole voting or dispositive power. The group reports shared power to vote and dispose of all 719,122 shares. The filing is an amendment and confirms that the reporting persons hold 5 percent or less of the class.
Positive
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Negative
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Key Figures
Beneficially owned shares: 719,122 shares
Percent of class: 1.38%
Sole voting power: 0 shares
+3 more
6 metrics
Beneficially owned shares
719,122 shares
Common stock of Wolfspeed, Inc. reported by Citigroup-affiliated entities
Percent of class
1.38%
Portion of Wolfspeed common stock beneficially owned by the reporting group
Sole voting power
0 shares
Shares over which the reporting persons have sole power to vote
Shared voting power
719,122 shares
Shares over which the reporting persons share voting power
Sole dispositive power
0 shares
Shares over which the reporting persons have sole power to dispose
Shared dispositive power
719,122 shares
Shares over which the reporting persons share dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, percent of class, +2 more
6 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 719,122"
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.
percent of class financial
"Item 4. | Ownership (b) | Percent of class: 1.38%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership in Wolfspeed (WOLF) does Citigroup report in this Schedule 13G/A?
Citigroup-affiliated entities report beneficial ownership of 719,122 shares of Wolfspeed common stock, representing 1.38% of the outstanding class, with shared voting and dispositive power over all reported shares.