STOCK TITAN

Hotchkis & Wiley reports 5.04% voting interest in WPP (WPP) via shares and ADRs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

WPP plc reported a change in a major shareholding. Investment manager Hotchkis & Wiley Capital Management, LLC notified that it holds in aggregate 5.04% of WPP’s voting rights, corresponding to 54,385,055 voting rights as of 11 February 2026.

The position combines 0.32% of voting rights attached to ordinary shares and 4.72% through financial instruments in the form of American Depositary Receipts. Hotchkis & Wiley manages these holdings on a discretionary basis for clients under investment management agreements with delegated voting authority.

Positive

  • None.

Negative

  • None.

Insights

WPP discloses a new 5.04% institutional holder, signalling concentrated ownership but no direct control shift.

WPP plc disclosed that Hotchkis & Wiley Capital Management, LLC now holds 5.04% of voting rights, split between 0.32% in ordinary shares and 4.72% via American Depositary Receipts. This reflects a sizeable institutional stake but not a controlling position.

The filing notes that the securities are held in client portfolios, with voting rights delegated to Hotchkis & Wiley under investment management agreements. This indicates professional, but fiduciary, stewardship of the stake. Actual influence will depend on how actively the manager exercises those voting rights at future WPP shareholder meetings.

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
 
FORM 6-K
____________________
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the Month of February 2026
 
Commission File Number: 001-38303
______________________
 
WPP plc
(Translation of registrant's name into English)
________________________
 
Sea Containers, 18 Upper Ground
London, United Kingdom SE1 9GL
(Address of principal executive offices)
_________________________
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F X Form 40-F ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
 
Note:  Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___
 
Note:  Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
 
Forward-Looking Statements
 
The Company may include forward-looking statements (including as defined in the U.S. Private Securities Litigation Reform Act of 1995) in oral or written public statements issued by or on behalf of the Company. These forward-looking statements may include, among other things, plans, objectives, beliefs, intentions, strategies, projections and anticipated future economic performance based on assumptions and the like that are subject to risks and uncertainties. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use words such as ‘aim’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘forecast’, ‘guidance’, ‘intend’, ‘may’, ‘will’, ‘should’, ‘potential’, ‘possible’, ‘predict’, ‘project’, ‘plan’, ‘target’, and other words and similar references to future periods but are not the exclusive means of identifying such statements. As such, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that are beyond the control of the Company. Actual results or outcomes may differ materially from those discussed or implied in the forward-looking statements. Therefore, you should not rely on such forward-looking statements, which speak only as of the date they are made, as a prediction of actual results or otherwise. Important factors which may cause actual results to differ include but are not limited to: the unanticipated loss of a material client or key personnel; delays, suspensions or reductions in client advertising budgets; shifts in industry rates of compensation; regulatory compliance costs or litigation; changes in competitive factors in the industries in which we operate and demand for our products and services; changes in client advertising, marketing and corporate communications requirements; our inability to realise the future anticipated benefits of acquisitions; failure to realise our assumptions regarding goodwill and indefinite lived intangible assets; natural disasters or acts of terrorism; the Company’s ability to attract new clients; the economic and geopolitical impact of the conflicts in Ukraine and the Middle East; the risk of global economic downturn; slower growth, increasing interest rates and high and sustained inflation; tariffs and other trade barriers; supply chain issues affecting the distribution of our clients’ products; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; effectively managing the risks, challenges and efficiencies presented by using Artificial Intelligence (AI) and Generative AI technologies and partnerships in our business; risks related to our environmental, social and governance goals and initiatives, including impacts from regulators and other stakeholders, and the impact of factors outside of our control on such goals and initiatives; the Company’s exposure to changes in the values of other major currencies (because a substantial portion of its revenues are derived and costs incurred outside of the UK); and the overall level of economic activity in the Company’s major markets (which varies depending on, among other things, regional, national and international political and economic conditions and government regulations in the world’s advertising markets). In addition, you should consider the risks described in Item 3D, captioned “Risk Factors” in the Company’s most recent Annual Report on Form 20-F, which could also cause actual results to differ from forward-looking information. In light of these and other uncertainties, the forward-looking statements included in this document should not be regarded as a representation by the Company that the Company’s plans and objectives will be achieved. Neither the Company, nor any of its directors, officers or employees, provides any representation, assurance or guarantee that the occurrence of any events anticipated, expressed or implied in any forward-looking statements will actually occur. Other than in accordance with its legal or regulatory obligations (including under the Market Abuse Regulation, the UK Listing Rules and the Disclosure and Transparency Rules of the Financial Conduct Authority), the Company undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
 
EXHIBIT INDEX
 
Exhibit No.
Description
 
      1
Notification of Major Holdings dated 13 February 2026, prepared by WPP plc.
 
  
TR-1: Standard form for notification of major holdings
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: 
 
WPP PLC
 
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
 
Non-UK issuer
 
 
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
 
An acquisition or disposal of voting rights
 
X
 
An acquisition or disposal of financial instruments
 
 
An event changing the breakdown of voting rights
 
 
Other (please specify) iii:
 
 
3. Details of person subject to the notification obligation iv
 
Name
 
Hotchkis & Wiley Capital Management, LLC
 
City and country of registered office (if applicable)
 
Los Angeles, United States of America
 
4. Full name of shareholder(s) (if different from 3.) v
 
Name
 
See Item 11
 
City and country of registered office (if applicable)
 
 
5. Date on which the threshold was crossed or reached vi:
11 February 2026
 
6. Date on which issuer notified (DD/MM/YYYY):
13 February 2026
 
7. Total positions of person(s) subject to the notification obligation
 
 
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached
 
0.32
 
4.72
 
5.04
 
54,385,055
 
Position of previous notification (if
applicable)
 
 
 
 
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
 
A: Voting rights attached to shares
 
Class/type ofshares
ISIN code (if possible)
Number of voting rights ix
 
% of voting rights
 
Direct
(DTR5.1)
 
Indirect
 (DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
JE00B8KF9B49
 
3,475,795
 
 
0.32
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. A
 
 
0.32
 
 
 
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 
Type of financial instrument
 
  
Expirationdate x
 
 
Exercise/ Conversion Period xi
 
 
Number of voting rights that may be acquired if the instrument is
exercised/converted.
 
% of voting rights
 
 
American Depository Receipt
 
 
50,909,260
 
4.72
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8. B 1
 
 
4.72
 
 
 
 
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
 
Type of financial instrument
 
Expirationdate x
 
Exercise/ Conversion Period xi
 
Physical or cash Settlement xii
 
Number of voting rights
 
% of voting rights
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUBTOTAL 8.B.2
 
 
 
 
 
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
 
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
 
X
 
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
 
 
Name xv
 
 
% of voting rights if it equals or is higher than the notifiable threshold
 
 
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
 
Total of both if it equals or is higher than the notifiable threshold
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
10. In case of proxy voting, please identify:
 
Name of the proxy holder
 
 
The number and % of voting rights held
 
 
The date until which the voting rights will be held
 
 
 
 
11. Additional information xvi
 
The shares referred to in section 8 are held in portfolios managed by H&W on a discretionary basis for clients under investment management agreements where voting rights are delegated to H&W.
 
 
 
Place of completion
 
Los Angeles, California, United States of America
 
Date of completion
 
13 February 2026
 
 
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
WPP PLC
 
(Registrant)
 
 
Date: 13 February 2026.
By:  
 
          Balbir Kelly-Bisla
 
          Company Secretary
Wpp Plc

NYSE:WPP

WPP Rankings

WPP Latest News

WPP Latest SEC Filings

WPP Stock Data

3.99B
215.76M
Advertising Agencies
Communication Services
Link
United Kingdom
London