SCHEDULE 13G: KOPACC LLC and Jamison Family Disclose 5.3% Passive Stake in CoreWeave, Inc. Following IPO
Beneficial Ownership Disclosure
KOPACC LLC, Stephen S. Jamison, and Wesley J. Jamison have jointly disclosed a passive beneficial ownership of 5.3% of CoreWeave, Inc.'s Class A common stock, totaling over 18.4 million shares, following the company's initial public offering.
Summary
- The filing is a Schedule 13G, indicating passive investment intent, filed by KOPACC LLC, Stephen S. Jamison, and Wesley J. Jamison (collectively, the "Reporting Persons").
- The issuer is CoreWeave, Inc., with the filing pertaining to its Class A common stock, par value $0.000005 per share.
- As of March 31, 2025, KOPACC LLC beneficially owns 18,422,720 shares of Class A common stock.
- Stephen S. Jamison beneficially owns an aggregate of 18,423,020 shares, which includes 300 shares held in custodial accounts with sole voting and dispositive power, and shared voting and dispositive power over the 18,422,720 shares held by KOPACC LLC.
- Wesley J. Jamison beneficially owns an aggregate of 18,423,720 shares, which includes 1,000 shares with sole voting and dispositive power, and shared voting and dispositive power over the 18,422,720 shares held by KOPACC LLC.
- Each Reporting Person's beneficial ownership represents 5.3% of the Class A common stock.
- This percentage is calculated based on an aggregate total of 345,997,406 shares of CoreWeave, Inc.'s Class A common stock outstanding upon completion of its initial public offering, as reported in the Issuer's final prospectus dated March 27, 2025.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a neutral, factual disclosure of ownership. It does not inherently convey positive or negative sentiment about the company's performance or prospects, but rather transparency regarding its shareholder structure.
Positives
- The disclosure of a significant 5.3% stake by KOPACC LLC and the Jamison family indicates a notable investment in CoreWeave, Inc., suggesting confidence from these investors.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding CoreWeave, Inc.'s future performance or operations.
Industry Context
This filing is a routine disclosure of a significant ownership stake in CoreWeave, Inc., a company that recently completed its initial public offering. Such filings are common after IPOs as investors cross beneficial ownership thresholds, providing transparency into the company's shareholder base. It does not provide specific insights into broader industry trends beyond confirming the company's public listing.
Comparison to Industry Standards
- This document is a standard beneficial ownership disclosure (Schedule 13G) and does not contain information suitable for comparison to industry-specific operational or financial benchmarks, nor does it mention comparable companies or projects.
Related Party Transactions
- The filing details the shared voting and dispositive power among KOPACC LLC, Stephen S. Jamison, and Wesley J. Jamison, indicating a related group controlling the reported shares. Stephen Jamison controls Koppenberg Management LLC, which manages KOPACC, and Wesley Jamison is the manager and indirect sole owner of Luchetti Street Investment Management LLC, which manages Koppenberg Management LLC.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant passive ownership stake in CoreWeave, Inc., confirming the identity of a major investor group.
- Investors: Offers insight into the initial shareholder base post-IPO, which can be relevant for understanding ownership concentration.
Next Steps
- The document does not outline any specific future actions, events, or milestones for CoreWeave, Inc. or the reporting persons beyond the statutory filing requirement.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of CoreWeave, Inc.'s final prospectus for its initial public offering. |
| 03/31/2025 | Date of event requiring the filing of this statement (beneficial ownership threshold reached). |
| 05/21/2025 | Date of signing for the Schedule 13G filing by all reporting persons. |
Keywords
CoreWeave Inc., Class A common stock, Schedule 13G, Beneficial Ownership, KOPACC LLC, Stephen S. Jamison, Wesley J. Jamison, SEC filing, IPO, Initial Public Offering, Passive Investment, Shareholding, Equity Stake
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