Monitor for any future conversion to a Schedule 13D (activist filing) if Millennium's stake continues to grow or if the company's stock price underperforms. The passive certification limits near-term activist pressure, but the increased allocation suggests Millennium sees value at current levels.
Price Chart
Executive Summary
Millennium Management LLC filed an amended Schedule 13G disclosing a 7.3% passive stake in T1 Energy Inc. as of September 30, 2026, up from 5.9% held by its affiliate Integrated Core Strategies (US) LLC in the prior filing. The increase of approximately 4.2 million shares signals growing conviction by a major multi-strategy hedge fund, though the passive filing certification confirms no activist intent.
Key Financial Metrics
Key Facts
- Millennium Management LLC reported beneficial ownership of 21,814,971 shares of T1 Energy Inc. common stock, representing 7.3% of shares outstanding as of September 30, 2026.
- Integrated Core Strategies (US) LLC, a Millennium affiliate, reported 17,614,372 shares (5.9%) as of the same date.
- The prior SC 13G filing (August 19, 2026) showed Integrated Core Strategies (US) LLC held 17,614,372 shares (5.9%), implying Millennium Management LLC's direct stake increased by approximately 4.2 million shares.
- The filing is made under Rule 13d-1(c) (passive investor), and the filer certifies the securities were not acquired to change or influence control of the issuer.
- Israel A. Englander, the founder of Millennium, is also listed as a beneficial owner of the same 21,814,971 shares (7.3%).
Financial Impact
Millennium Management LLC increased its disclosed stake by approximately 4.2 million shares (from 5.9% to 7.3% of outstanding), representing a significant accumulation by a top-tier hedge fund.
Risk Factors
- Millennium is a multi-strategy hedge fund that may reduce its position at any time, as it is not a long-only investor.
- The passive filing certification could be amended to a 13D if Millennium later decides to engage actively with management.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0001104659-26-114423 |
| Document: 0001104659-26-114423-index-headers.html | 0001104659-26-114423 |
| Document: 0001104659-26-114423-index.html | 0001104659-26-114423 |
| Document: 0001104659-26-114423.txt | 0001104659-26-114423 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $2.31 $2.29 | ▲ +0.87% | ▲ +0.34% | $2.23 (+3.46%) |
Oct 12, 2026 15d ago | Institutional Cluster | $3.21 $3.16 | ▼ −1.56% | ▼ −1.55% | $2.23 (−30.53%) |
Oct 7, 2026 19d ago | SC 13G/A | $3.44 $3.39 | ▼ −1.45% | ▼ −2.05% | $2.23 (−35.17%) |
Oct 6, 2026 20d ago | 8-K | $3.73 $3.44 | ▼ −7.77% | ▼ −7.35% | $2.23 (−40.21%) |
Sep 29, 2026 28d ago | 8-K | $3.77 $3.86 | ▼ −2.39% | ▼ −2.59% | $2.23 (+40.85%) |
Aug 12, 2026 10w ago | 8-K | $4.90 $4.79 | ▼ −2.24% | ▼ −2.94% | $2.23 (−54.49%) |
Aug 12, 2026 10w ago | Press Release | $4.90 $4.79 | ▼ −2.24% | ▼ −2.94% | $2.23 (−54.49%) |
Jul 30, 2026 12w ago | 8-K | $4.27 $4.17 | ▲ +2.34% | ▲ +3.05% | $2.23 (+47.78%) |
Jul 28, 2026 13w ago | 8-K | $4.15 $3.72 | ▲ +10.36% | ▲ +8.82% | $2.23 (+46.27%) |
Jul 28, 2026 13w ago | 8-K | $4.15 $3.72 | ▼ −10.36% | ▼ −8.82% | $2.23 (−46.27%) |
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