SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 11.4% Stake in P10 INC Class A Common Stock
Beneficial Ownership Report
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, reporting a combined beneficial ownership of 11.4% of P10 INC's Class A Common Stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson, its Chairman and CEO, jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in P10 INC.
- As of December 31, 2024, FMR LLC and Abigail P. Johnson beneficially own an aggregate of 6,275,645.77 shares of P10 INC's Class A Common Stock.
- This aggregate amount represents 11.4% of the total outstanding Class A Common Stock of P10 INC.
- FMR LLC holds sole voting power over 6,274,485.00 shares and sole dispositive power over 6,275,645.77 shares.
- Abigail P. Johnson holds sole dispositive power over 6,275,645.77 shares, with no sole or shared voting power directly.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of P10 INC.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, FIAM LLC, Fidelity Institutional Asset Management Trust Company, and Strategic Advisers LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.
- Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of the voting power, and are deemed to form a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: The document is a standard beneficial ownership report (Schedule 13G) and does not contain information that inherently indicates positive or negative sentiment regarding the issuer's performance or outlook. It is a factual disclosure of ownership.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a major institutional investor, FMR LLC (Fidelity), and its principal, Abigail P. Johnson. Such filings provide transparency into significant equity stakes held by large investment firms, which can signal their confidence or strategic interest in a company. For P10 INC, a company in the financial services sector, a substantial stake by a prominent asset manager like Fidelity indicates a notable institutional presence in its shareholder base.
Stakeholder Impact
- Shareholders: The disclosure of a significant 11.4% stake by a major institutional investor like FMR LLC (Fidelity) could be viewed positively, indicating institutional confidence and potentially increasing liquidity or stability for P10 INC's Class A Common Stock.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-01-07 | Date of signing for the Schedule 13G filing by FMR LLC and Abigail P. Johnson. |
Keywords
P10 INC, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Equity Stake, SEC Filing
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