Xerox, Dynatrace, and 2 More Stocks See Action From Activist Investors

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Sept. 3 through Sept. 9, 2026. Source: VerityData

Activist Filings

Xerox Holdings (XRX)
Starteepo Invest raised its stake in the office equipment and document services company to 9,640,000 shares. Starteepo did so through the purchase of 700,000 Xerox shares from July 31 through Sept. 3 at per share prices ranging from $2.93 to $3.20.

On Sept. 7, Starteepo issued an open letter to Xerox’s board of directors, acknowledging the company’s operational progress but arguing that Xerox remains deeply undervalued. Starteepo urged the board to provide more detailed financial reporting on Xerox Financial Services and to engage financial advisors for a formal strategic review of that business, evaluating alternatives including a joint venture, capital partnership, partial monetization, or sale, and estimated that XFS alone could be worth roughly $7.69 per share, more than double the current share price.

Following the latest purchases, Starteepo owns a 7.3% stake in Xerox’s outstanding stock. Shares of Xerox have gained about 27.6% in value in 2026.

Increases in Holdings

Dynatrace (DT)
Pictet Asset Management raised its stake in the IT infrastructure software company to 14,425,877 shares. Pictet Asset Management reported that it purchased 1,597,924 Dynatrace shares from July 6 through Sept. 8 at per share prices ranging from $40.65 to $54.59, then sold 359,457 shares during that same period at $41.62 to $52.76.

Following the latest activity, Pictet Asset Management owns a 4.99% stake in Dynatrace’s outstanding stock, placing Pictet below the 5% threshold that would require it to report further sales. Shares of Dynatrace have gained about 19.5% in value in 2026.

Gold.com (GOLD)
Tether Holdings raised its stake in the precious-metals trading company to 3,670,787 shares. Tether Holdings did so through the purchase of 100,000 Gold.com shares on Sept. 3 at a price of $39.30 per share.

Following the latest purchase, Tether Holdings continues to own a 12.6% stake in Gold.com’s outstanding stock. Shares of Gold.com have gained roughly 41.9% in value in 2026.

Decreases in Holdings

Elastic (ESTC)
Pictet Asset Management lowered its stake in the data analytics software company to 5,249,555 shares. Pictet Asset Management did so through the sale of 755,220 Elastic shares from July 6 through Sept. 1 at per share prices ranging from $58.54 to $99.21, and partially offset those sales through the purchase of 214,381 shares from July 7 through Sept. 1 at $57.33 to $105.10.

Following the latest activity, Pictet Asset Management continues to own a 4.99% stake in Elastic’s outstanding stock, placing Pictet below the 5% threshold that would require it to report further sales. Shares of Elastic have gained roughly 19.3% in value in 2026.

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