Wellington group discloses 1.47% Xenon Pharmaceuticals (XENE) stake for advisory clients
Rhea-AI Filing Summary
Wellington Management Group LLP and affiliates report a passive ownership position in Xenon Pharmaceuticals Inc. common stock. The filing shows aggregate beneficial ownership of approximately 1.47% of the outstanding common shares, representing shares held for clients of various Wellington investment adviser entities.
The Wellington entities report no sole voting or dispositive power, with all reported voting and dispositive authority held on a shared basis across group entities. The securities are owned of record by advisory clients, and no individual client is reported to hold more than five percent of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 1.47 %
Shares beneficially owned: 1,425,492 shares
Shared voting power: 1,167,583 shares
+3 more
6 metrics
Beneficial ownership
1.47 %
Percent of Xenon Pharmaceuticals common stock beneficially owned by Wellington entities
Shares beneficially owned
1,425,492 shares
Total Xenon Pharmaceuticals common shares reported as beneficially owned
Shared voting power
1,167,583 shares
Shares over which Wellington entities report shared power to vote or direct the vote
Sole voting power
0 shares
Shares over which Wellington entities report sole power to vote
Shared dispositive power
1,425,492 shares
Shares over which Wellington entities report shared power to dispose
Sole dispositive power
0 shares
Shares over which Wellington entities report sole power to dispose
Key Terms
beneficially owned, shared voting power, dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: See the responses to Item 9 on the attached cover pages."
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.
dispositive power financial
"Shared Dispositive Power 1,425,492.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company financial
"The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company"
investment advisers financial
"One or more of the following investment advisers (the "Wellington Investment Advisers")"
FAQ
What ownership stake in Xenon Pharmaceuticals Inc. (XENE) does Wellington report?
Wellington entities report beneficial ownership of about 1.47% of Xenon Pharmaceuticals’ common stock. The shares are held for advisory clients of multiple Wellington investment advisers, rather than directly for Wellington’s own account.
What dispositive power does Wellington report over Xenon Pharmaceuticals (XENE) stock?
The filing shows 0 shares with sole dispositive power and 1,425,492 shares with shared dispositive power. Dispositive authority is exercised on a shared basis by Wellington entities for their advisory clients.
Do any Wellington clients individually own more than 5% of Xenon (XENE)?
No. The filing states that no client is known to have the right or power with respect to more than five percent of Xenon’s common stock, even though clients collectively reach about 1.47%.
Which Wellington entities are named in the Xenon (XENE) Schedule 13G/A filing?
The filing names Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP, plus several affiliated investment advisers that hold Xenon shares on behalf of their clients.
AI-generated analysis. How Rhea-AI works. Not financial advice.