Private Management Group, Inc. filed Amendment No. 2 to a Schedule 13G with the SEC on November 9, 2026, disclosing a beneficial ownership position in Five Point Holdings, LLC as of September 30, 2026.

Key Highlights

  • Reporting person: Private Management Group, Inc., a California-incorporated investment adviser.
  • Shares beneficially owned: 6,072,182 Class A Common Shares of Five Point Holdings, LLC.
  • Percent of class: 8.4% as of the September 30, 2026 event date.
  • Voting and dispositive power: Sole voting power and sole dispositive power each reported as 6,072,182 shares; shared power reported as 0.
  • Beneficial ownership on behalf of others: The shares are held across various separately managed accounts for which Private Management Group acts as investment adviser.
  • Signing officer: Robert T. Summers, CFA, Co-President, signed the filing on November 9, 2026.

Private Management Group Discloses 6,072,182-Share Position in Five Point Holdings

According to the filing, Private Management Group, Inc., based at 15635 Alton Parkway, Suite 400, Irvine, California 92618, submitted Amendment No. 2 to its Schedule 13G covering Class A Common Shares (CUSIP 33833Q106) of Five Point Holdings, LLC. The issuer's principal executive offices are listed in the filing as 2000 FivePoint, 4th Floor, Irvine, California 92618. The filing does not specify the exchange and ticker symbol on the face of this Schedule 13G form, so no exchange designation is stated here.

The filing reports that as of September 30, 2026, Private Management Group beneficially owned 6,072,182 Class A Common Shares, representing 8.4% of the class. The reporting person disclosed sole voting power and sole dispositive power over all 6,072,182 shares, with no shared voting or dispositive power. As an investment adviser classified under Rule 13d-1(b)(1)(ii)(E), Private Management Group noted in Item 6 that "various separately managed accounts for whom the reporting person acts as investment advisor have the right to receive dividends from, and the proceeds of the sale of, the shares reported by the reporting person."

The certifications included in the filing state that, to the best of the signatory's knowledge, the securities "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." Co-President Robert T. Summers, CFA, signed the statement on November 9, 2026.

What Was Disclosed

Private Management Group, Inc. filed Amendment No. 2 to a Schedule 13G reporting beneficial ownership of 6,072,182 Class A Common Shares of Five Point Holdings, LLC, equal to 8.4% of the class, as of September 30, 2026, held through separately managed client accounts.