QTRX.NASDAQQuanterix CORP

SCHEDULE 13G/A: Millennium Entities Amend Quanterix Stake, Integrated Core Strategies Exits Position

Sentiment:

Beneficial Ownership Amendment


Millennium Management LLC and affiliated entities have filed an amended Schedule 13G for Quanterix Corporation, reporting a reduced beneficial ownership of 0.1% of common stock, with Integrated Core Strategies (US) LLC no longer holding shares.

Worse than expectedIntegrated Core Strategies (US) LLC, a member of the filing group, has reduced its beneficial ownership to 0.00 shares, indicating a complete exit from its position in Quanterix Corporation.The overall beneficial ownership by the Millennium-affiliated group has decreased to 0.1% of Quanterix Corporation's common stock.

Summary

  • This document is an Amendment No. 2 to a Schedule 13G filing concerning the beneficial ownership of Quanterix Corporation's common stock (par value $0.001 per share).
  • The reporting group consists of Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander.
  • As of March 31, 2025, Integrated Core Strategies (US) LLC reports 0.00 shares, representing 0.0% of the class, indicating a complete exit from its previous position.
  • Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander each report shared beneficial ownership of 55,713 shares, which constitutes 0.1% of Quanterix Corporation's common stock.
  • The aggregate amount beneficially owned by the Millennium-affiliated group is 55,713 shares, representing 0.1% of the class.
  • The filing confirms that the securities are not held for the purpose of changing or influencing the control of Quanterix Corporation.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the reduction in beneficial ownership by a significant institutional investor group, particularly the complete exit by one of its members (Integrated Core Strategies (US) LLC). While the remaining stake is small, a reduction in institutional holding can be perceived as a lack of conviction or a reallocation of funds away from the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: May interpret the reduction in institutional ownership as a negative signal, potentially impacting stock price perception.

Key Dates

DateDescription
03/31/2025Date of event which requires filing of this statement (beneficial ownership change)
04/22/2025Date of Joint Filing Agreement and filing signature

Recommendation

hold

Keywords

Quanterix Corporation, QTRX, Schedule 13G/A, Beneficial Ownership, Millennium Management LLC, Integrated Core Strategies (US) LLC, Israel A. Englander, SEC Filing, Institutional Ownership

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