SCHEDULE: Glenview Capital Management Discloses 5.35% Stake in ZoomInfo Technologies
Beneficial Ownership Report
Glenview Capital Management, along with its CEO Larry Robbins, has disclosed a passive beneficial ownership of 5.35% in ZoomInfo Technologies Inc., totaling 17,581,399 shares.
Summary
- Glenview Capital Management, LLC and its Chief Executive Officer, Larry Robbins, have filed a Schedule 13G indicating beneficial ownership of ZoomInfo Technologies Inc. common stock.
- The reporting persons collectively beneficially own 17,581,399 shares of ZoomInfo Technologies Inc.
- This ownership represents approximately 5.35% of the total shares outstanding.
- The shares are held for the accounts of Glenview Capital Master Fund, Ltd. (6,855,556 shares) and Glenview Offshore Opportunity Master Fund, Ltd. (10,725,843 shares).
- The filing indicates a passive investment, not for the purpose of changing or influencing control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 7
Explanation: The disclosure of a significant passive stake by a reputable investment firm like Glenview Capital Management is generally viewed positively by the market, indicating confidence in the company's value and prospects without implying activist intent.
Positives
- A significant institutional investor, Glenview Capital Management, has taken a substantial stake, potentially signaling confidence in ZoomInfo's long-term prospects.
- The investment is passive, suggesting a belief in the current management and strategic direction without immediate intent to seek control.
Risks
- No specific risks related to ZoomInfo Technologies Inc. are detailed in this Schedule 13G filing, as it primarily concerns beneficial ownership disclosure.
Future Outlook
NA
Industry Context
This filing indicates continued institutional interest in the business intelligence and sales enablement software sector, where ZoomInfo operates. Large passive stakes by prominent investment firms like Glenview Capital Management can be seen as a vote of confidence in the long-term growth potential of companies within this industry.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially influence stock price positively due to perceived validation of the company's value.
- Management: The passive nature of the investment suggests that current management's strategy is supported by this significant investor, reducing immediate pressure for strategic shifts.
Next Steps
- Glenview Capital Management and Larry Robbins will continue to monitor their investment in ZoomInfo Technologies Inc.
- Future filings (e.g., Schedule 13D if their intent changes, or subsequent 13G/A amendments) will be made as required by SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2009-02-10 | Previous Power of Attorney executed by Larry Robbins. |
| 2016-02-02 | New Power of Attorney executed by Larry Robbins, revoking the previous one. |
| 2025-04-30 | Date of shares outstanding count (328,911,200 shares) based on Issuer's Form 10-Q. |
| 2025-05-12 | Date ZoomInfo Technologies Inc. filed its quarterly report on Form 10-Q, which provided the shares outstanding count. |
| 2025-07-03 | Date of event which required the filing of this Schedule 13G statement. |
| 2025-07-11 | Date the Schedule 13G statement was signed and filed by Glenview Capital Management, LLC and Larry Robbins. |
Recommendation
holdKeywords
ZoomInfo Technologies Inc., ZI, Glenview Capital Management, Larry Robbins, Schedule 13G, Beneficial Ownership, Institutional Investment, Common Stock, Passive Investment, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.