SCHEDULE 13G/A: Sands Capital Management and Frank M. Sands Disclose Passive Stake in Entegris Inc.
Beneficial Ownership Disclosure
Sands Capital Management, LLC and Frank M. Sands have jointly filed an amended Schedule 13G, reporting a 4.8% passive beneficial ownership stake in Entegris Inc. as of December 31, 2024.
Summary
- Sands Capital Management, LLC (SCM) and Frank M. Sands (Sands) have jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Entegris Inc. common stock.
- As of December 31, 2024, the aggregate amount beneficially owned by SCM and Sands is 7,214,073 shares.
- This represents 4.8% of the class of Entegris Inc. common stock.
- SCM and Sands share voting power over 5,222,370 shares and shared dispositive power over 7,214,073 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Entegris Inc.
- SCM is reporting as an investment adviser, and Sands as a control person.
- The shares are held in accounts of various clients of Sands Capital Management, LLC, which may include pension plans, endowments, foundations, mutual funds, charities, state and municipal government entities, Taft-Hartley plans, families, and individuals. No single client's interest in the class of securities reported herein is more than 5%.
Sentiment
Score: 5
Explanation: Neutral. This is a factual disclosure of beneficial ownership, not a performance or strategic announcement. It indicates a significant, but passive, institutional stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership and does not provide specific insights into broader industry trends or competitive dynamics for Entegris Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming a large passive stake by Sands Capital Management, LLC and Frank M. Sands.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event requiring the filing of this statement (beneficial ownership calculation date). |
| 02/12/2025 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
Entegris Inc., Sands Capital Management, Frank M. Sands, Schedule 13G, beneficial ownership, common stock, investment adviser, passive investment, SEC filing, institutional ownership
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