Fund 1 Investments, LLC has made a significant update regarding its stake in Xponential Fitness, Inc. The company now holds approximately 9.9% of the outstanding Class A common stock of Xponential Fitness, reflecting its ongoing investment strategy.

This development is important as it indicates Fund 1's commitment to its investment in Xponential Fitness, a company that operates within the services-miscellaneous amusement and recreation industry. The industry is characterized by various competitive dynamics, and changes in significant shareholdings can influence market perceptions and strategies.

Background

Fund 1 Investments, LLC is a Delaware-based entity that has been active in the investment sector. According to recent filings, the company has been making amendments to its Schedule 13D/A, reflecting its ongoing engagement with Xponential Fitness, Inc. The latest filing was made on October 20, 2026, and indicates a strategic approach to its investments.

What the Filing Says

The recent filing states, "There have been no transactions in the Shares of the Issuer by the Reporting Person since the filing of Amendment No. 2 to the Schedule 13D." Additionally, it mentions that Fund 1 has entered into cash-settled total return swap agreements with a third-party financial institution, providing economic exposure to approximately 9.98% of the outstanding shares of Xponential Fitness.

Impact

This update may affect various stakeholders, including investors and analysts monitoring Xponential Fitness. The filing reveals that Fund 1 Investments has a total of 4,170,610 shares, which could influence market dynamics as the company navigates its growth and competition.

What's Next

The filing does not say what happens next, leaving investors and industry watchers to speculate on potential future actions by Fund 1 Investments regarding its stake in Xponential Fitness.