SCHEDULE 13G: Darlington Partners Discloses 5.3% Stake in OneStream, Inc.
Beneficial Ownership Report
Darlington Partners Capital Management and its affiliates have disclosed a 5.3% beneficial ownership stake in OneStream, Inc.'s Class A Common Stock, totaling 3,839,405 shares.
Summary
- Darlington Partners Capital Management, LP, along with Darlington Partners GP, LLC, Darlington Partners, L.P., Scott W. Clark, and Ramsey B. Jishi, have jointly filed a Schedule 13G.
- The filing reports beneficial ownership of 3,839,405 shares of Class A Common Stock in OneStream, Inc.
- This aggregate amount represents 5.3% of OneStream, Inc.'s Class A Common Stock outstanding.
- The percentage is calculated based on 73,114,192 shares of Common Stock outstanding as of February 24, 2025, as reported in OneStream's Form 10-K for the fiscal year ended December 31, 2024.
- The reporting persons collectively hold shared voting power and shared dispositive power over all 3,839,405 shares.
- Darlington Partners Capital Management, LP is identified as an investment adviser, and Darlington Partners GP, LLC is its general partner, with Mr. Clark and Mr. Jishi as managers of DP GP.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational news.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by Darlington Partners in OneStream, Inc., a company likely operating in the software or financial performance management industry, given its name. Such disclosures are common for institutional investors acquiring a substantial stake in publicly traded companies.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake may be viewed positively by some investors as a vote of confidence, while others might monitor for potential future activist intentions, though the filing states the shares were not acquired for control purposes.
Key Dates
| Date | Description |
|---|---|
| 2021-04-12 | Date of Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G |
| 2025-02-24 | Date of shares outstanding calculation (73,114,192 shares) as reported in Issuer's Form 10-K |
| 2025-03-11 | Date of event which requires filing of this statement |
| 2025-03-25 | Date of filing of this Schedule 13G |
Keywords
OneStream Inc., Darlington Partners Capital Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, Institutional Ownership, SEC Filing
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