SCHEDULE: Picton Mahoney Discloses 6.48% Stake in T-Mobile Preferred Shares

Picton Mahoney Asset Management has reported a passive beneficial ownership of 6.48% in T-Mobile USA's Preferred Shares.

Summary

• Picton Mahoney Asset Management, a Canadian investment fund manager, has filed a Schedule 13G indicating beneficial ownership in T-MOBILE USA's Preferred Shares.
• The filing reports an aggregate beneficial ownership of 1,020,000 Preferred Shares.
• This ownership represents 6.48% of the class of Preferred Shares outstanding.
• Picton Mahoney Asset Management holds sole voting power and sole dispositive power over all 1,020,000 shares.
• The calculation of the percentage of class is based on 15.739 million outstanding Preferred Shares as of August 29, 2025.
• The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a factual disclosure of passive beneficial ownership, not an operational or financial performance report, thus it carries a neutral sentiment regarding the company's performance.

Positives

• Increased institutional interest in T-Mobile USA's Preferred Shares, signaling confidence from a significant asset manager.
• The investment is passive, indicating Picton Mahoney Asset Management is not seeking to influence control, which can be viewed as a stable, long-term holding.

Industry Context

This filing reflects a common practice where institutional investors like asset managers acquire significant, passive stakes in publicly traded companies, often in preferred shares for income or stability. Such disclosures provide transparency into major ownership positions within the telecommunications sector.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder can provide a degree of confidence and transparency regarding the ownership structure of T-Mobile USA's Preferred Shares.

Key Dates

Keywords

T-Mobile USA, Preferred Shares, Picton Mahoney Asset Management, Beneficial Ownership, Schedule 13G, Investment Fund Manager, Passive Investment