SCHEDULE: Oak Investment Group Discloses 5.7% Stake in Circle Internet

Oak Investment Partners and related entities have disclosed a 5.7% passive beneficial ownership stake in Circle Internet Group, Inc.'s Class A Common Stock.

Summary

• Oak Investment Partners XIII, L.P., along with Oak Associates XIII, LLC, Oak Management Corporation, and several individuals (Bandel L. Carano, Edward F. Glassmeyer, Fredric W. Harman, Ann H. Lamont, Grace A. Ames, and Andrew Adams), collectively reported beneficial ownership of 11,880,678 shares of Circle Internet Group, Inc.'s Class A Common Stock.
• This ownership represents 5.7% of the total 207,650,578 shares of Class A Common Stock outstanding.
• The percentage ownership is based on the shares outstanding as reported in Circle Internet Group, Inc.'s final prospectus filed with the SEC on June 5, 2025, which includes the full exercise of the underwriters' overallotment option.
• The filing is a Schedule 13G, indicating a passive investment purpose, not an intent to control or influence the issuer's management.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing reflects a significant institutional investment in Circle Internet Group, Inc., a common occurrence in the public markets as companies mature or undergo significant capital events like IPOs or follow-on offerings. The passive nature of the investment suggests a long-term holding strategy rather than an activist stance.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional holder may provide a degree of confidence or validation for existing shareholders, indicating institutional interest in the company.

Key Dates

Recommendation

This Schedule 13G filing is a disclosure of a passive beneficial ownership stake by Oak Investment Partners and related entities. It indicates a significant institutional investor has taken a position in Circle Internet Group, Inc. While the presence of a notable investor can be a positive signal, the filing itself does not provide new financial performance data, strategic updates, or operational insights that would warrant a change in investment recommendation. It is a routine compliance filing for a passive stake, suggesting a 'hold' recommendation as it does not present new information to alter the fundamental investment thesis.

Keywords

Circle Internet Group, Oak Investment Partners, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Passive Investment, SEC Filing