Azora and Ravi Chopra Report 4.8% Ownership in WisdomTree

Rhea-AI Filing Summary

Azora Capital LP, together with Azora Capital GP LLC and managing member Ravi Chopra, reports beneficial ownership of 7,069,860 shares of WisdomTree, Inc. common stock, representing approximately 4.8% of the outstanding shares based on 147,031,590 shares reported by the issuer. The filing shows shared voting and shared dispositive power for these shares and reports no sole voting or dispositive power. The securities are directly owned by investment funds managed on a discretionary basis by Azora Capital, which the filing identifies as the investment manager and beneficial owner under applicable rules.

Positive

• Transparent disclosure of a 7,069,860-share position representing 4.8% of WisdomTree's outstanding common stock
• Securities are held by funds managed by Azora Capital with the firm identified as the investment manager and beneficial owner

Negative

• No sole voting or dispositive power is reported, limiting unilateral control by the Reporting Persons
• Stake remains under 5%, which typically reduces reporting obligations and limits formal influence absent further purchases

Insights

Financial Analyst

TL;DR Azora's 4.8% stake is material but presented as passive and held through managed funds, limiting immediate control implications.

The Schedule 13G/A discloses a 7.07 million-share position equal to 4.8% of WisdomTree's outstanding common stock, reported as shared voting and dispositive power. For investors this is large enough to merit attention given proximity to a 5% threshold, but the filing classifies the position as held in the ordinary course by an investment manager and not for the purpose of influencing control. Near-term governance impact appears limited absent additional disclosures or coordination with other holders.

Corporate Governance Expert

TL;DR Filing signals a significant passive stake held via funds, with no sole control and a certification of non-intent to influence control.

The record shows all shares are directly owned by funds managed by Azora Capital and that voting and dispositive power are shared. The filing includes the standard certification that the holdings were acquired and are held in the ordinary course of business and not to change or influence control. From a governance perspective, the absence of sole authority and the 13G/A filing posture indicate monitoring rather than activist intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

WisdomTree, Inc.

(Name of Issuer)

Common Stock, $0.01 par value ("Common Stock")

(Title of Class of Securities)

97717P104

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 97717P104

1

Names of Reporting Persons

Azora Capital LP

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,069,860.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,069,860.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,069,860.00

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)

4.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 97717P104

1

Names of Reporting Persons

Azora Capital GP LLC

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,069,860.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,069,860.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,069,860.00

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)

4.8 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 97717P104

1

Names of Reporting Persons

Ravi Chopra

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,069,860.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,069,860.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,069,860.00

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)

4.8 %

12

Type of Reporting Person (See Instructions)

IN, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WisdomTree, Inc.
(b)	Address of issuer's principal executive offices: 250 WEST 34TH STREET, 3RD FLOOR, NEW YORK, New York, 10119
Item 2.
(a)	Name of person filing: This statement is filed by: - Azora Capital LP, a Delaware limited partnership ("Azora Capital") registered with the Securities and Exchange Commission (the "SEC"), which serves as the investment manager to certain investment funds and/or accounts (the "Funds"), with respect to the shares of Common Stock (as defined in Item 2(d) below) held by the Funds; - Azora Capital GP LLC, a Delaware limited liability company ("Azora Capital GP"), which serves as the general partner to Azora Capital, with respect to the shares of Common Stock held by the Funds; and - Ravi Chopra ("Mr. Chopra"), a United States citizen, who serves as the managing member to Azora Capital GP with respect to the shares of Common Stock held by the Funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
(b)	Address or principal business office or, if none, residence: The business address of Azora Capital, Azora Capital GP and Mr. Chopra is at 3480 Main Highway, Suite 200, Miami, FL 33133.
(c)	Citizenship: Azora Capital is a Delaware limited partnership. Azora Capital GP is a Delaware limited liability company. Mr. Chopra is a U.S. citizen.
(d)	Title of class of securities: Common Stock, $0.01 par value ("Common Stock")
(e)	CUSIP No.: 97717P104
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: The percentages used herein and in the rest of this Schedule 13G are for each Reporting Person and have been calculated based upon 147,031,590 Common Stock issued and outstanding as of April 23, 2025 as reported by the Issuer in its Current Report on Form 8-K filed with the SEC on June 20, 2025. As of the close of business on June 30, 2025, the Reporting Persons may be deemed to have beneficially owned approximately 4.8% of Common Stock outstanding. Amount beneficially owned: 7,069,860
(b)	Percent of class: 4.8%
(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: 7,069,860
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 7,069,860
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. All of the securities reported in this Schedule 13G are directly owned by the Funds, which are managed on a discretionary basis by Azora Capital (and indirectly, the Reporting Persons), and only Azora Capital has beneficial ownership (within the meaning of Rule 13d-3) of the Common Stock.
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.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Exhibit A on the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 6, 2025.
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 foreign regulatory scheme applicable to By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

Azora Capital LP

Signature:	/s/ Ravi Chopa
Name/Title:	Ravi Chopra, Managing Member of Azora Capital GP LLC, the GeneralPartner of Azora Capital LP
Date:	08/14/2025

Azora Capital GP LLC

Signature:	/s/ Ravi Chopa
Name/Title:	Ravi Chopra, Managing Member
Date:	08/14/2025

Ravi Chopra

Signature:	/s/ Ravi Chopa
Name/Title:	Ravi Chopra
Date:	08/14/2025

FAQ

How many WisdomTree (WT) shares does Azora Capital report owning?

The filing reports beneficial ownership of 7,069,860 shares, equal to approximately 4.8% of outstanding common stock based on 147,031,590 shares.

Who are the reporting persons in the Schedule 13G/A for WT?

The reporting persons are Azora Capital LP, Azora Capital GP LLC, and Ravi Chopra (managing member).

Does Azora have sole voting or dispositive power over the WT shares?

No. The filing states 0 shares with sole voting or dispositive power and 7,069,860 shares with shared voting and shared dispositive power.

Are the reported WT shares owned directly or on behalf of others?

All reported shares are directly owned by funds that are managed on a discretionary basis by Azora Capital; Azora Capital is identified as the beneficial owner for these funds.

Does the filing indicate Azora intends to influence WisdomTree's control?

The filing includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control.