TPG and Angelo Gordon Cease 5%+ Beneficial Ownership in Anywhere Real Estate Inc. Following Merger

summarizeSummary

TPG GP A, Angelo Gordon & Co., and related entities have ceased to be 5%+ beneficial owners of Anywhere Real Estate Inc.'s common stock due to a merger-related share conversion.

check_boxKey Events

• Cessation of 5% Ownership

  TPG GP A, Angelo Gordon & Co., and their affiliates are no longer beneficial owners of more than five percent of Anywhere Real Estate Inc.'s common stock as of January 9, 2026.

• Merger-Related Conversion

  The change in beneficial ownership is a result of a merger, where the reporting persons' common stock holdings were converted into shares of the Parent company.

• Continued Note Holdings

  The reporting persons' accounts held $109.6 million in 7.000% Second Lien Senior Secured Notes and $210,000 in 0.25% Exchangeable Senior Notes of the Issuer at the time of the merger.

auto_awesomeAnalysis

This Schedule 13D/A indicates a significant shift in Anywhere Real Estate Inc.'s ownership structure, as TPG GP A, Angelo Gordon & Co., and their affiliates are no longer beneficial owners of more than five percent of the company's common stock. This change is a direct consequence of a merger that closed on January 9, 2026, where their common shares were converted into shares of the Parent company. While not a direct sale into the open market, the exit of such a prominent institutional investor group from a significant common stock position can alter the company's investor base and potentially influence future governance or strategic direction. Investors should note that the reporting persons still held substantial amounts of the Issuer's senior secured notes and exchangeable senior notes at the time of the merger.