SCHEDULE: Ameriprise Financial Amends Xponential Fitness Stake

Ameriprise Financial and its subsidiaries have updated their passive beneficial ownership in Xponential Fitness, Inc. to 3.9% of Class A Common Stock.

Summary

• Ameriprise Financial, Inc. and its investment advisory subsidiaries, Columbia Management Investment Advisers, LLC and Columbia Wanger Asset Management, LLC, have filed an Amendment No. 1 to their Schedule 13G.
• The filing reports beneficial ownership of 1,354,250 shares of Xponential Fitness, Inc.'s Class A Common Stock by Ameriprise Financial, Inc.
• This aggregate amount represents 3.9% of the Class A Common Stock outstanding.
• Columbia Management Investment Advisers, LLC also reported beneficial ownership of 1,354,250 shares, representing 3.9% of the class.
• Columbia Wanger Asset Management, LLC reported beneficial ownership of 1,352,429 shares, also representing 3.9% of the class.
• The shares are held with shared voting and shared dispositive power by the reporting entities.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Xponential Fitness, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of passive beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

The filing is a disclosure of passive beneficial ownership and does not contain any forward-looking statements or guidance regarding Xponential Fitness, Inc.'s future performance or strategic direction.

Industry Context

This filing reflects a passive investment by a major financial institution and its asset management subsidiaries in Xponential Fitness, a company operating in the health and fitness industry. Such institutional holdings are common and indicate investor interest in the sector, but this specific filing does not provide insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, confirming a passive investment by Ameriprise Financial and its affiliates.

Key Dates

Keywords

Xponential Fitness, Ameriprise Financial, Columbia Management, Columbia Wanger, Beneficial Ownership, SEC Filing, Schedule 13G, Investment Advisers, Passive Investment, Fitness Industry