SCHEDULE 13G/A: Eventide Asset Management Discloses 6.72% Stake in Xometry, Inc.

Eventide Asset Management, LLC, along with Finny Kuruvilla and Robin C. John, has disclosed a beneficial ownership of 6.72% in Xometry, Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• Eventide Asset Management, LLC, a Delaware-based investment adviser, has filed an Amendment No. 3 to Schedule 13G, disclosing its beneficial ownership in Xometry, Inc.
• The filing indicates that Eventide Asset Management, LLC, Finny Kuruvilla, M.D., Ph. D., and Robin C. John collectively beneficially own 3,151,897 shares of Xometry, Inc.'s Class A Common Stock.
• This aggregate amount represents 6.72% of the Class A Common Stock outstanding.
• Eventide Asset Management, LLC holds sole voting and dispositive power over all 3,151,897 shares.
• Finny Kuruvilla and Robin C. John share voting and dispositive power over the same 3,151,897 shares.
• The shares are held by Eventide Asset Management, LLC as an investment adviser to Eventide Gilead Fund (3,013,657 shares, 6.43%), Eventide Exponential Technologies Fund (117,653 shares, 0.25%), and Eventide separately managed accounts (20,587 shares, 0.04%).
• 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: 6

Explanation: The disclosure of a significant institutional stake by Eventide Asset Management is generally a positive signal, indicating investor confidence. However, as a routine ownership filing, it doesn't provide operational or financial performance details, limiting a higher sentiment score.

Positives

• A significant stake (6.72%) by an institutional investor like Eventide Asset Management may signal confidence in Xometry, Inc.'s long-term prospects.
• The filing indicates the shares are held in the ordinary course of business, suggesting a passive investment strategy rather than an activist one.

Risks

• The document does not detail specific risks related to Xometry, Inc.'s operations or financial performance, as it is a beneficial ownership report.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Xometry, Inc.'s future performance or operations. It solely reports beneficial ownership.

Industry Context

This filing reflects an institutional investor's position in Xometry, Inc., a company operating in the on-demand manufacturing and industrial marketplace sector. Such disclosures are common for publicly traded companies and provide transparency into significant ownership stakes, which can be a factor in market perception and investor confidence within the industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor's stake can influence market perception and potentially provide a level of stability or confidence in the stock.
• Investment Professionals: Provides transparency into institutional holdings, which is crucial for market analysis and investment decision-making.

Key Dates

Keywords

Xometry, Eventide Asset Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, Institutional Ownership, SEC Filing, XMTR