Monitor for any future conversion of this 13G to a 13D, which would signal activist intent. For now, the passive filing adds a large, sophisticated holder but does not imply near-term catalyst.
Price Chart
Executive Summary
Millennium Management LLC disclosed a 5.6% passive stake in Sweetgreen, Inc. via a Schedule 13G filed on September 29, 2026, reporting beneficial ownership of 5,992,942 shares of Class A Common Stock. This is a new position for Millennium, joining prior passive filers Point72 and Neuberger Berman. The filing indicates no intent to influence control, consistent with a passive investment.
Key Financial Metrics
Key Facts
- Millennium Management LLC reported beneficial ownership of 5,992,942 shares of Sweetgreen Class A Common Stock.
- The stake represents 5.6% of shares outstanding.
- The filing is a new Schedule 13G, not an amendment, indicating a new position.
- The filing certifies the securities were not acquired with the purpose of changing or influencing control.
- Millennium Group Management LLC and Israel A. Englander are also named as reporting persons.
- Prior passive filers include Point72 Asset Management (amendment filed August 14, 2026) and Neuberger Berman Group LLC (amendment filed June 4, 2026).
Financial Impact
5.6% stake valued at approximately $5.99 million based on share count and par value (market value not disclosed).
Risk Factors
- Millennium could later convert to activist stance, though no indication currently.
- Concentration of passive ownership may reduce float liquidity.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0001104659-26-112041 |
| Document: 0001104659-26-112041-index-headers.html | 0001104659-26-112041 |
| Document: 0001104659-26-112041-index.html | 0001104659-26-112041 |
| Document: 0001104659-26-112041.txt | 0001104659-26-112041 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | SC 13G/A | $10.67 | awaiting T+60 | — | $9.88 (−7.40%) |
Oct 16, 2026 10d ago | SC 13G | $10.18 | awaiting T+60 | — | $9.88 (−2.95%) |
Oct 6, 2026 19d ago | SC 13G/A | $9.16 | awaiting T+60 | — | $9.88 (+7.86%) |
Sep 29, 2026 26d ago | SC 13G | $8.87 | awaiting T+60 | — | $9.88 (+11.39%) |
Aug 18, 2026 9w ago | Insider Cluster | $6.42 | awaiting T+60 | — | $9.88 (+53.89%) |
Jun 11, 2026 19w ago | Institutional Cluster | $9.14 $6.84 | ▲ +25.16% | ▲ +29.56% | $9.88 (−8.10%) |
Apr 9, 2026 28w ago | 3 | $6.16 $7.74 | ▲ +25.65% | ▲ +15.32% | $9.88 (+60.39%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers