Millennium Management Files 13G/A for TPG Inc., Reports Stake Below 5%

Executive Summary

On November 4, 2026, Integrated Core Strategies (US) LLC, together with Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, filed Amendment No. 1 to Schedule 13G for TPG Inc. (CIK: 0001880661).

While the filing reports beneficial ownership of 10,381,454 shares (6.2% of Class A Common Stock) as of the event date of September 30, 2026, the filers expressly disclose in Item 4 and Item 5 that as of the date of the filing, the reporting persons have ceased to beneficially own more than 5 percent of the class of securities.

Beneficial Ownership Breakdown

• Integrated Core Strategies (US) LLC:
  • Shared Voting / Dispositive Power: 9,136,254 shares (5.5%)
• Millennium Management LLC / Millennium Group Management LLC / Israel A. Englander:
  • Shared Voting / Dispositive Power: 10,381,454 shares (6.2% as of September 30, 2026)
• Item 5 Certification: Checked "Yes" for ownership of 5% or less, confirming an ongoing reduction or exit below the reporting threshold.

Market Implications

This filing serves primarily as an exit/reduction notification under Rule 13d-1(c), signaling that Millennium's aggregate exposure to TPG Class A common shares has dropped below the 5% statutory threshold.