Southpoint Master Fund and affiliated entities, together with John S. Clark II, report beneficial ownership of 7,000,000 shares of Dentsply Sirona Inc. common stock. This represents 3.5% of the common stock, based on 199,353,876 shares outstanding as of July 24, 2026. The shares are held by Southpoint Master Fund, LP, with Southpoint Capital Advisors LP as investment manager and Southpoint GP, LP as general partner, and related general partner entities and Mr. Clark reported as having shared voting and dispositive power. Each reporting person disclaims beneficial ownership beyond its or his pecuniary interest. The filing states that the group owns 5 percent or less of the class.
Positive
None.
Negative
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Key Figures
Shares beneficially owned:7,000,000 sharesOwnership percentage:3.5%Shares outstanding:199,353,876 shares+3 more
6 metrics
Shares beneficially owned7,000,000 sharesCommon stock of Dentsply Sirona Inc. reported by the Southpoint reporting persons
Ownership percentage3.5%Portion of Dentsply Sirona common stock beneficially owned by the reporting persons
Shares outstanding199,353,876 sharesDentsply Sirona common stock outstanding as of July 24, 2026, per Form 10-Q
Shared voting power7,000,000 sharesNumber of shares over which each reporting person has shared voting power
Shared dispositive power7,000,000 sharesNumber of shares over which each reporting person has shared dispositive power
Ownership threshold5 percent or lessItem 5 reports ownership of 5 percent or less of the class
"Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting powerfinancial
"6 | Shared Voting Power 7,000,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 7,000,000.00"
pecuniary interestfinancial
"except to the extent of its or his pecuniary interest therein"
Schedule 13Gregulatory
"Ownership of 5 percent or less of a class"
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.
FAQ
How many XRAY shares does Southpoint report owning in this Schedule 13G/A?
Southpoint and related reporting persons report beneficial ownership of 7,000,000 shares of Dentsply Sirona (XRAY) common stock, all held by Southpoint Master Fund, LP, with shared voting and dispositive power across the reporting entities.
What percentage of Dentsply Sirona (XRAY) does Southpoint currently own?
The reporting persons state they beneficially own 3.5% of Dentsply Sirona’s common stock. This percentage is calculated using 199,353,876 outstanding shares as of July 24, 2026, as disclosed in the issuer’s Form 10-Q.
Who are the reporting persons in the Dentsply Sirona (XRAY) Schedule 13G/A?
The reporting persons are Southpoint Master Fund, LP, Southpoint Capital Advisors LP, Southpoint Capital Advisors LLC, Southpoint GP, LP, Southpoint GP, LLC, and John S. Clark II, all reporting shared voting and dispositive power over the same 7,000,000 shares.
Does Southpoint have sole or shared voting power over its XRAY shares?
The filing shows 0 shares with sole voting power and 7,000,000 shares with shared voting power for each reporting person. The same 7,000,000 shares are also reported as subject to shared dispositive power.
What does the Schedule 13G/A say about Southpoint’s ownership level in XRAY?
The Schedule 13G/A indicates the reporting persons have ownership of 5 percent or less of Dentsply Sirona’s common stock. Within that threshold, their reported beneficial ownership is 3.5% of the outstanding shares.
Where is Southpoint’s principal business office in the XRAY Schedule 13G/A?
The principal business office for all Southpoint reporting entities and John S. Clark II is listed as 1114 Avenue of the Americas, 22nd Floor, New York, NY 10036, which is their shared business address.
The names of the persons filing this report (the "Reporting Persons") with respect to shares of Common Stock, par value $0.01 per share (the "Common Stock") of Dentsply Sirona Inc. (the "Issuer") are:
(i) Southpoint Master Fund, LP
(ii) Southpoint Capital Advisors LP
(iii) Southpoint Capital Advisors LLC
(iv) Southpoint GP, LP
(v) Southpoint GP, LLC
(vi) John S. Clark II
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is:
1114 Avenue of the Americas, 22nd Floor, New York, NY 10036
(c)
Citizenship:
Southpoint Master Fund, LP: Cayman Islands
Southpoint Capital Advisors LP: Delaware
Southpoint Capital Advisors LLC: Delaware
Southpoint GP, LP: Delaware
Southpoint GP, LLC: Delaware
John S. Clark II: United States of America
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP No.:
24906P109
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 information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 of the cover pages to this Schedule 13G.
Shares of Common Stock reported herein are held by Southpoint Master Fund, LP for which Southpoint Capital Advisors LP serves as the investment manager and Southpoint GP, LP serves as the general partner. Southpoint Capital Advisors LLC serves as the general partner of Southpoint Capital Advisors LP and Southpoint GP, LLC serves as the general partner of Southpoint GP, LP. John S. Clark II serves as managing member of both Southpoint Capital Advisors LLC and Southpoint GP, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its or his pecuniary interest therein.
(b)
Percent of class:
The information required by this item with respect to each Reporting Person is set forth in Row 11 of the cover pages to this Schedule 13G. The ownership percentages are based on 199,353,876 outstanding shares of Common Stock as of July 24, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this item with respect to each Reporting Person is set forth in Row 5 of the cover pages to this Schedule 13G.
(ii) Shared power to vote or to direct the vote:
The information required by this item with respect to each Reporting Person is set forth in Row 6 of the cover pages to this Schedule 13G.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this item with respect to each Reporting Person is set forth in Row 7 of the cover pages to this Schedule 13G.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this item with respect to each Reporting Person is set forth in Row 8 of the cover pages to this Schedule 13G.
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.
Not Applicable
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.
Not Applicable
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 securities referred to above 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, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Southpoint Master Fund, LP
Signature:
/s/ John S. Clark II
Name/Title:
By Southpoint GP, LP, its General Partner, by Southpoint GP, LLC, its General Partner, by John S. Clark II, Managing Member
Date:
08/14/2026
Southpoint Capital Advisors LP
Signature:
/s/ John S. Clark II
Name/Title:
By Southpoint Capital Advisors LLC, its General Partner, by John S. Clark II, Managing Member
Date:
08/14/2026
Southpoint Capital Advisors LLC
Signature:
/s/ John S. Clark II
Name/Title:
John S. Clark II, Managing Member
Date:
08/14/2026
Southpoint GP, LP
Signature:
/s/ John S. Clark II
Name/Title:
By Southpoint GP, LLC, its General Partner, by John S. Clark II, Managing Member