SCHEDULE 13G/A: Brown Capital Management Discloses 7.17% Stake in Xometry Inc.

Brown Capital Management, LLC has filed an amended Schedule 13G, revealing a 7.17% beneficial ownership stake in Xometry Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• Brown Capital Management, LLC, an investment adviser based in Baltimore, Maryland, has filed an Amendment No. 5 to Schedule 13G regarding its beneficial ownership in Xometry Inc.
• As of December 31, 2024, Brown Capital Management, LLC beneficially owns an aggregate of 3,446,223 shares of Xometry Inc.'s Class A Common Stock.
• This ownership represents 7.17% of the Class A Common Stock outstanding.
• The firm holds sole voting power over 1,747,519 shares and sole dispositive power over all 3,446,223 shares.
• The filing certifies 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 Xometry Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment beyond the neutral act of reporting a stake.

Positives

• The disclosure of a significant 7.17% stake by an institutional investment adviser like Brown Capital Management, LLC may signal confidence in Xometry Inc.'s long-term prospects from a reputable investor.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 §§ 240.14a-11."

Industry Context

This filing is a standard disclosure of beneficial ownership by an institutional investor, indicating their stake in Xometry Inc., a company operating in the on-demand manufacturing and industrial marketplace sector. Such disclosures provide transparency regarding significant shareholder positions within the industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may be viewed positively, potentially indicating institutional confidence in the company's value proposition and future performance.

Key Dates

Keywords

Xometry Inc., Brown Capital Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, Institutional Investor, Equity Stake