SCHEDULE: Millennium Entities Disclose 5.4% Stake in Sylvamo Corp

Millennium Management LLC and affiliated entities report a 5.4% passive beneficial ownership stake in Sylvamo Corporation's common stock.

Summary

• Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have filed a Schedule 13G.
• The filing reports beneficial ownership of common stock in Sylvamo Corporation (CUSIP 871332102).
• Integrated Core Strategies (US) LLC beneficially owns 2,147,098 shares, representing 5.4% of the class.
• Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander each beneficially own 2,148,608 shares, also representing 5.4% of the class.
• The reporting persons share voting and dispositive power over these shares.
• The securities were not acquired for the purpose of changing or influencing control of Sylvamo Corporation, nor in connection with any transaction having such purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: Neutral, as this is a standard regulatory disclosure of beneficial ownership without specific positive or negative operational or financial news.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding Sylvamo Corporation's future performance or operations.

Management Comments

• The securities referred to were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing indicates a significant passive investment by a prominent hedge fund group in Sylvamo Corporation, a company operating in the paper and pulp industry. Such disclosures are common for institutional investors crossing the 5% ownership threshold, providing transparency on major shareholder positions.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional ownership in Sylvamo Corporation.

Key Dates

Keywords

Sylvamo Corporation, Common Stock, Schedule 13G, Beneficial Ownership, Millennium Management, Integrated Core Strategies, Israel A. Englander, Passive Investment, Equity Stake