SCHEDULE: North Peak Capital Discloses 5.2% Stake in agilon health

North Peak Capital Management and affiliated entities have reported a passive 5.2% beneficial ownership stake in agilon health, Inc. through a Schedule 13G filing.

Summary

• North Peak Capital Management, LLC, along with its affiliated entities and co-managers Jeremy S. Kahan and Michael K. Kahan, has filed a Schedule 13G for agilon health, inc.
• North Peak Capital Management, LLC beneficially owns an aggregate of 21,536,679 shares of agilon health common stock, representing 5.2% of the class.
• North Peak Capital GP, LLC, Jeremy S. Kahan, and Michael K. Kahan each beneficially own 18,276,374 shares, representing 4.4% of the class.
• The beneficial ownership is distributed across several funds: North Peak Capital Partners, LP (1,247,465 shares or 0.30%), North Peak Capital Partners II, LP (10,585,833 shares or 2.6%), North Peak Capital Alpha Fund, LP (5,564,235 shares or 1.3%), and North Peak Capital Ultra Fund, LP (878,841 shares or 0.2%).
• The percentage of class is based on 414,423,149 common shares outstanding as of July 31, 2025, as disclosed in agilon health's Form 10-Q for the quarter ended June 30, 2025.
• The reporting persons certify that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of agilon health.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of passive beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news about the issuer.

Positives

• The filing demonstrates transparency regarding significant institutional ownership in agilon health, Inc.
• Compliance with SEC regulations for disclosing beneficial ownership provides clarity to the market.

Future Outlook

NA

Industry Context

This filing indicates a significant passive investment by an institutional fund in a healthcare company, agilon health, Inc. Such disclosures are routine for large investors and reflect their portfolio positioning within the healthcare sector.

Stakeholder Impact

• Shareholders of agilon health, inc. are informed of a new significant institutional investor, which may be viewed as a vote of confidence in the company's long-term prospects.
• Potential investors gain transparency into the ownership structure of agilon health, inc.

Key Dates

Keywords

agilon health, North Peak Capital Management, Schedule 13G, beneficial ownership, institutional investment, common stock, healthcare, investment management