SCHEDULE: Millennium Entities Disclose Utz Brands Stake
Beneficial Ownership Disclosure
Millennium Management and affiliated entities report a 2.9% beneficial ownership stake in Utz Brands, Inc. Class A Common Stock.
Summary
- Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Utz Brands, Inc. Class A Common Stock.
- Integrated Core Strategies (US) LLC beneficially owns 2,417,075 shares, representing 2.8% of the class.
- Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander each beneficially own 2,542,217 shares, representing 2.9% of the class.
- All reporting persons have shared voting and shared dispositive power over their respective beneficially owned shares.
- The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of Utz Brands, Inc.
Sentiment
Score: 5
Explanation: A routine disclosure of passive beneficial ownership by institutional investors, neither inherently positive nor negative for the issuer's operational performance or strategic direction.
Positives
- Disclosure of beneficial ownership by well-known institutional investors like Millennium Management LLC indicates institutional interest in Utz Brands, Inc.
Future Outlook
NA
Industry Context
This filing represents a routine disclosure of a passive investment stake by a prominent hedge fund group in a publicly traded snack food company. Such disclosures are common and reflect institutional portfolio positioning rather than specific operational or strategic developments within the issuer's industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of event which requires the filing of this statement (reporting period end date) |
| 01/16/2026 | Filing date of the Schedule 13G and Joint Filing Agreement date |
Keywords
Utz Brands, UTZ, Class A Common Stock, Millennium Management, Integrated Core Strategies, Israel A. Englander, SEC filing, Schedule 13G, beneficial ownership, institutional investment
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