SCHEDULE 13G/A: Citadel Entities Disclose Passive Stake in COMPASS Pathways plc
Schedule 13G Filing
Citadel Advisors LLC, Citadel Securities LLC, and Kenneth Griffin have filed an amended Schedule 13G, disclosing their passive beneficial ownership in COMPASS Pathways plc, with Kenneth Griffin holding the largest individual stake at 1.7%.
Summary
- Citadel Advisors LLC, Citadel Advisors Holdings LP, and Citadel GP LLC collectively beneficially own 899,165 Ordinary Shares of COMPASS Pathways plc, representing 1.3% of the outstanding shares.
- Citadel Securities LLC, Citadel Securities Group LP, and Citadel Securities GP LLC collectively beneficially own 267,411 Ordinary Shares, representing 0.4% of the outstanding shares.
- Kenneth Griffin, as the ultimate control person, beneficially owns an aggregate of 1,166,576 Ordinary Shares, which constitutes 1.7% of the outstanding shares.
- The beneficial ownership is primarily shared voting and shared dispositive power, with no sole voting or sole dispositive power reported by any of the entities or Mr. Griffin.
- The filing states that the securities were not acquired and are not held for the purpose of changing or influencing the control of COMPASS Pathways plc, indicating a passive investment.
- The percentages are based on 68,420,818 Shares outstanding as of October 28, 2024, as reported in the issuer's Form 10-Q filed on October 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing passive beneficial ownership. It contains factual information about ownership percentages and does not convey positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing represents a standard disclosure of passive institutional ownership by Citadel entities in a publicly traded company, COMPASS Pathways plc. It does not provide specific insights into broader industry trends or competitive positioning beyond the fact of investment.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive institutional ownership by Citadel entities, which may be viewed as a vote of confidence by a major investment firm, though the stake is below the 5% threshold for active influence.
Key Dates
| Date | Description |
|---|---|
| 2024-10-28 | Date as of which 68,420,818 Shares outstanding were reported by COMPASS Pathways plc in its Form 10-Q. |
| 2024-10-31 | Date COMPASS Pathways plc's Form 10-Q was filed with the SEC. |
| 2024-12-31 | Date of event which required the filing of this Schedule 13G Amendment No. 1. |
| 2025-02-14 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
COMPASS Pathways plc, Citadel Advisors LLC, Citadel Securities LLC, Kenneth Griffin, Schedule 13G, Beneficial Ownership, SEC Filing, Institutional Investor, Passive Investment, Ordinary Shares, American Depositary Share
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