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FrontView REIT, Inc. Major Shareholding Notification 2024

Oct 10, 2024

33400_mrq_2024-10-10_934e78de-a5d2-4fb7-87e3-29f1c93e05c8.zip

Major Shareholding Notification

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SC 13G 1 tm2425985d1_sc13g.htm SC 13G

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington , D.C. 20549

SCHEDULE 13G*

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. __)*

| FrontView
REIT, Inc. |
| --- |
| (Name of
Issuer) |
| Common Stock, par value $0.01 per share (the “Shares”) |
| (Title
of Class of Securities) |
| 35922N100 |
| (CUSIP
Number) |
| October 3, 2024 |
| (Date of
Event Which Requires Filing of the Statement) |

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
  • The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP NO . 35922N100 13G Page 2 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel Advisors LLC |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 850,000 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% 1 |
| 12. | TYPE
OF REPORTING PERSON IA; OO; HC |

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1 The percentages reported in this Schedule 13G are based upon 14,977,310 Shares outstanding as of October 3, 2024 (according to the issuer’s prospectus as filed with the Securities and Exchange Commission on October 2, 2024). Except as described in the preceding sentence, all Shares for the holdings of the reporting persons reported in this Schedule 13G are as of the opening of the market on October 10, 2024.

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CUSIP NO . 35922N100 13G Page 3 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel Advisors Holdings LP |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 850,000 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% |
| 12. | TYPE
OF REPORTING PERSON PN; HC |

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CUSIP No. 35922N100 13G Page 4 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel GP LLC |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 850,000 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% |
| 12. | TYPE
OF REPORTING PERSON OO; HC |

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CUSIP No. 35922N100 13G Page 5 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel Securities LLC |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 23 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% |
| 12. | TYPE
OF REPORTING PERSON BD; OO |

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CUSIP No. 35922N100 13G Page 6 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel Securities Group LP |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 23 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% |
| 12. | TYPE
OF REPORTING PERSON PN; HC |

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CUSIP No. 35922N100 13G Page 7 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Citadel Securities GP LLC |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION Delaware |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 23 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% |
| 12. | TYPE
OF REPORTING PERSON OO; HC |

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CUSIP No. 35922N100 13G Page 8 of 13 Pages

| 1. | NAME
OF REPORTING PERSONS Kenneth Griffin |
| --- | --- |
| 2. | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
| 3. | SEC
USE ONLY |
| 4. | CITIZENSHIP
OR PLACE OF ORGANIZATION U.S. Citizen |

| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER 0 |
| --- | --- |
| 6. | SHARED
VOTING POWER 850,023 Shares |
| 7. | SOLE
DISPOSITIVE POWER 0 |
| 8. | SHARED
DISPOSITIVE POWER See Row 6 above |

| 9. | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
| --- | --- |
| 10. | CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
| 11. | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.7% |
| 12. | TYPE
OF REPORTING PERSON IN; HC |

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CUSIP No. 35922N100 13G Page 9 of 13 Pages

Item 1(a). Name of Issuer:
FrontView REIT, Inc.
Item 1(b). Address of Issuer’s
Principal Executive Offices:
3131 McKinney Avenue, Suite L10, Dallas, Texas 75204
Item 2(a). Name of Person Filing:
This Schedule 13G is being jointly filed by Citadel Advisors LLC (“Citadel Advisors”), Citadel
Advisors Holdings LP (“CAH”), Citadel GP LLC (“CGP”), Citadel Securities LLC (“Citadel Securities”),
Citadel Securities Group LP (“CALC4”), Citadel Securities GP LLC (“CSGP”) and Mr. Kenneth Griffin (collectively
with Citadel Advisors, CAH, CGP, Citadel Securities, CALC4 and CSGP, the “Reporting Persons”) with respect to the Shares
of the above-named issuer owned by Citadel Multi-Strategy Equities Master Fund Ltd., a Cayman Islands company (“CM”),
and Citadel Securities. Such owned Shares may include other instruments exercisable for or convertible into Shares.
Citadel Advisors is the portfolio manager for CM. CAH is the sole member of Citadel Advisors. CGP is
the general partner of CAH. CALC4 is the non-member manager of Citadel Securities. CSGP is the general partner of CALC4. Mr. Griffin
is the President and Chief Executive Officer of CGP, and owns a controlling interest in CGP and CSGP.
The filing of this statement shall not be construed as an admission that any of the Reporting Persons
is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any).
Item 2(b). Address or Principal Business
Office or, if none, Residence:
The address of each of the Reporting Persons is Southeast Financial Center, 200 S. Biscayne Blvd., Suite
3300, Miami, Florida 33131.
Item 2(c). Citizenship:
Each of Citadel Advisors, CGP, Citadel Securities and CSGP is organized as a limited liability company
under the laws of the State of Delaware. Each of CALC4 and CAH is organized as a limited partnership under the laws of the State
of Delaware. Mr. Griffin is a U.S. citizen.
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.01 per share
Item 2(e). CUSIP Number:
35922N100

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CUSIP No. 35922N100 13G Page 10 of 13 Pages

| Item 3. | If this statement is filed pursuant
to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: — (a) | ¨ | Broker or dealer registered under Section 15
of the Act (15 U.S.C. 78o); | |
| --- | --- | --- | --- | --- |
| | (b) | ¨ | Bank as defined in Section 3(a)(6) of
the Act (15 U.S.C. 78c); | |
| | (c) | ¨ | Insurance company as defined in Section 3(a)(19)
of the Act (15 U.S.C. 78c); | |
| | (d) | ¨ | Investment company registered under Section 8
of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| | (e) | ¨ | An investment adviser in accordance with
§ 240.13d-1(b)(1)(ii)(E); | |
| | (f) | ¨ | An employee benefit plan or endowment fund
in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| | (g) | ¨ | A parent holding company or control person
in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| | (h) | ¨ | A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| | (i) | ¨ | A church plan that is excluded from the
definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); | |
| | (j) | ¨ | A non-U.S. institution in accordance with
§ 240.13d-1(b)(1)(ii)(J); | |
| | (k) | ¨ | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). | |
| | If filing as a non-U.S. institution in
accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: . | | | |
| Item 4. | Ownership: | | | |
| | A. | Citadel Advisors LLC, Citadel Advisors
Holdings LP and Citadel GP LLC | | |
| | | (a) | Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own 850,000
Shares. | |
| | | (b) | The number of Shares that each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed
to beneficially own constitutes 5.7% of the Shares outstanding. | |
| | | (c) | Number of Shares as to which such person
has: | |
| | | | (i) | sole power to vote or to direct the vote: 0 |
| | | | (ii) | shared power to vote or to direct the vote: 850,000 |
| | | | (iii) | sole power to dispose or to direct the disposition
of: 0 |
| | | | (iv) | shared power to dispose or to direct the disposition
of: 850,000 |

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CUSIP NO. 35922N100 13G Page 11 of 13 Pages

B. Citadel Securities LLC — (a) Citadel Securities LLC may be deemed to beneficially own 23 Shares.
(b) The number of Shares that Citadel Securities LLC may be deemed to beneficially own constitutes 0.0% of the Shares
outstanding.
(c) Number of Shares as to which such person
has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 23
(iii) sole power to dispose or to direct the disposition
of: 0
(iv) shared power to dispose or to direct the disposition
of: 23
C. Citadel Securities Group LP and Citadel
Securities GP LLC
(a) Each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own 23 Shares.
(b) The number of Shares that each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially
own constitutes 0.0% of the Shares outstanding.
(c) Number of Shares as to which such person
has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 23
(iii) sole power to dispose or to direct the disposition
of: 0
(iv) shared power to dispose or to direct the disposition
of: 23

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CUSIP No. 35922N100 13G Page 12 of 13 Pages

D. — (a) Mr. Griffin may be deemed to beneficially own 850,023 Shares.
(b) The number of Shares that Mr. Griffin
may be deemed to beneficially own constitutes 5.7% of the Shares outstanding.
(c) Number of Shares as to which such person
has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 850,023
(iii) sole power to dispose or to direct the disposition
of: 0
(iv) shared power to dispose or to direct the disposition
of: 850,023
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact
that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities,
check the following. ¨
Item 6. Ownership of More Than Five Percent on Behalf of
Another Person:
Not Applicable
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent Holding Company:
Not Applicable
Item 8. Identification and Classification of Members of
the Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certifications:
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or
as a participant in any transaction having that purpose or effect.

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CUSIP No. 35922N100 13G Page 13 of 13 Pages

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated October 10, 2024.

CITADEL SECURITIES LLC — By: /s/ Guy Miller CITADEL ADVISORS LLC — By: /s/ Seth Levy
Guy Miller, Authorized Signatory Seth Levy, Authorized Signatory
CITADEL SECURITIES GROUP LP CITADEL ADVISORS HOLDINGS LP
By: /s/ Guy Miller By: /s/ Seth Levy
Guy Miller, Authorized Signatory Seth Levy, Authorized Signatory
CITADEL SECURITIES GP LLC CITADEL GP LLC
By: /s/ Guy Miller By: /s/ Seth Levy
Guy Miller, Authorized Signatory Seth Levy, Authorized Signatory
KENNETH GRIFFIN
By: /s/ Seth Levy
Seth Levy, attorney-in-fact *

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  • Seth Levy is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for Allakos Inc. on October 13, 2023.

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