SEC Filing Analysis: CoreWeave, Inc.

Executive Summary

• Trading Significance: High
• Key Takeaway: Investment firm KOPACC LLC has disclosed a substantial new passive stake in CoreWeave, Inc. valued at approximately $1.07 billion, representing 2.53% of the company.
• Market Impact: The disclosure of a new billion-dollar position by an institutional investor is a strong signal of conviction, though as a passive 13G filing, it does not imply any intent to influence company strategy.

Company Information

Field	Value
Company	CoreWeave, Inc.
Ticker Symbol	Not Publicly Traded
CIK	0001769628
Industry	Prepackaged Software

Filer Information

Field	Value
Name	KOPACC LLC / Stephen Jamison / Wesley Jamison
CIK	0002069723
Title/Position	Not Applicable
Relationship	Beneficial Owner

Holding Details

Field	Value
Form Type	SCHEDULE 13G
Event Date	2025-09-30
Security Type	Class A common stock
Shares Beneficially Owned	9,372,720
Ownership Type	Indirect

Financial Impact Assessment

Position Materiality

Metric	Value
Estimated Holding Value	~$1,070,000,000
% of Market Cap	2.53%
Shares Held	9,372,720
% of Shares Outstanding	2.53%
Materiality Assessment	Highly Significant

Impact Evaluation

• Market Cap Context: For a company with a $42.3 billion market capitalization, a single holding valued at over $1 billion is substantial and noteworthy. It places KOPACC LLC among the company's significant institutional holders.
• Ownership Concentration: A 2.53% stake is a meaningful position that provides the holder with significant exposure to the company's performance. While not a controlling stake, it represents a major capital allocation.
• Transaction Significance: The size of the holding is Highly Significant, exceeding both the 1% of market cap and 0.5% of shares outstanding thresholds. This indicates a high-conviction investment by the reporting persons.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: This is a Schedule 13G, which certifies that the securities were not acquired for the purpose of changing or influencing the control of the issuer. Therefore, it is a passive investment. While the size of the stake is bullish, the passive nature tempers any expectation of immediate market-moving action.

Volume & Sentiment

• Expected Volume Impact: Low. This filing discloses an existing position as of September 30, 2025, and does not represent new, open-market transactions.
• Sentiment Indicator: Neutral to Bullish. The establishment of a new, billion-dollar position by an investment firm is a positive signal of institutional confidence in the company's long-term prospects.

Investment Insights

Positive Market Indicators

• Substantial Institutional Stake: A holding of this magnitude ($1.07B) demonstrates significant due diligence and a strong belief in the company's value proposition.
• High-Conviction Investment: Allocating over 2.5% of a $42.3B company's equity into a single position is a clear high-conviction move.

Risk Factors

• No direct risk factors are indicated by this filing. It is a standard disclosure of beneficial ownership.

Key Takeaways

1. Major New Position: KOPACC LLC has emerged as a significant beneficial owner in CoreWeave with a stake worth over $1 billion.
2. Passive Investment: The 13G filing status indicates the investment is passive, with no current intent to influence company control or strategy.
3. High Significance: The stake represents 2.53% of the company's total shares and market capitalization, making this a highly material holding that warrants investor attention.

Additional Context

Transaction Notes

• The filing was triggered by the ownership level as of September 30, 2025.
• Beneficial ownership for Stephen Jamison and Wesley Jamison is indirect, held through KOPACC, LLC and its management entities.