EDRAM France files 13G/A on ZIP with 3.85M shares (5.2%)
Rhea-AI Filing Summary
ZipRecruiter (ZIP): Schedule 13G/A (Amendment No. 3) filed by Edmond de Rothschild Asset Management (France). The investor reports beneficial ownership of 3,849,005 shares of ZipRecruiter Class A common stock, representing 5.2% of the class as of the stated event date 09/30/2025.
EDRAM France reports 0 shares with sole voting power and 3,451,535 shares with shared voting power. It reports 397,470 shares with sole dispositive power and 3,451,535 shares with shared dispositive power. The filing is made in the ordinary course, with a certification that the securities were not acquired and are not held for the purpose of changing or influencing control.
The filer is classified as FI (investment manager) and indicates its beneficial ownership arises from investment and/or voting discretion exercised over managed portfolios.
Positive
- None.
Negative
- None.
Insights
Neutral: 5.2% passive stake disclosed; governance intent limited.
EDRAM France reports a passive position of
The Schedule 13G certification states the holdings are in the ordinary course and not for influencing control. This points to a non-activist stance typical of passive institutional ownership.
While a >5% holding can affect float dynamics, the filing does not indicate transactions or timing beyond the event date of