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Fact check: Who are the major shareholders of Fox Corporation?

Checked on October 19, 2025

Executive Summary

The documents provided do not list a clear roster of Fox Corporation’s largest shareholders; instead they point to SEC filings—proxy statements and exhibits—that are the typical places to find beneficial ownership tables and voting-class details. To identify major holders you must consult the full DEF 14A/DEFA and any Schedules 13D/G or Form 10-K/EX-99 exhibits, but the excerpts here do not contain those explicit schedules [1] [2] [3] [4].

1. Why the provided files leave the central question unanswered — a missing shareholder list

The excerpts and metadata repeatedly indicate proxy statements and financial exhibits, yet none of the attached analyses includes a beneficial-ownership table or a named list of large holders. Proxy statements (DEF 14A/PRE 14A) ordinarily disclose directors’ and executive officers’ ownership and often list shareholders owning more than 5%, but the summaries here state that the cited PRE/DEF filings "do not explicitly mention the major shareholders" and instead emphasize voting-class structure and meeting procedures [2] [3]. The December 2025 and mid-2026 dates on these documents show recent corporate filings, but without the full text or annexes those filings are incomplete for ownership identification [1] [2] [3].

2. What the filings that are present actually tell us about control and voting mechanics

Across the available filings the most consistent factual point is the mention of Class B Common Stock voting rights and governance information. Both the March 19 and May 8, 2026 proxy summaries note that only holders of Class B shares are entitled to vote at the annual meeting, which signals a dual-class share structure that concentrates voting power in a subset of holders [2] [3]. This structural detail is essential: in dual-class companies the largest economic holders by market position may differ from the largest voting bloc. The documents thus identify a mechanism for control even if they do not enumerate who holds that power.

3. Dates matter — timeline of the documents and why recency is relevant to major-holder lists

The materials come from late 2025 through mid-2026, with key proxy statements dated March and May 2026 and exhibits dated December 31, 2025 [1] [2] [3]. Ownership positions can shift rapidly, so a snapshot embedded in a DEF 14A or a 13G/13D is only authoritative as of its filing date. The provided items appear recent enough to be relevant, but their summaries do not include the scheduled disclosure tables that would list holders at the reporting cutoff. Therefore the absence of named shareholders in these extracts is a substantive omission for anyone seeking current major-holder names.

4. Cross-source comparison — repeated omissions hint at a consistent gap in the package

All three groups of analyses (p1_x, p2_x, p3_x) repeat the same pattern: financial exhibits and proxy materials are present but none provide explicit major-shareholder names or percentages [1] [2] [3] [4]. The repetition across independent excerpts suggests the supplied dataset is incomplete rather than contradictory. Where one might expect corroboration—e.g., an EX-99.2 exhibit containing a shareholder list—these files appear to be financial schedules and meeting governance statements instead [1]. This pattern reduces confidence that the current package can answer the original question.

5. What the documents do disclose that provides investigative leads

Although no direct ownership list appears, the documents flag exactly where major-holder data would appear: the DEF 14A/PRE 14A and EX-99 exhibits are typical repositories for ownership tables and material agreements [2] [3] [1]. The summary notes also identify Fox corporate overviews and market metrics that could be cross-referenced with institutional investor databases [4]. For a complete, current list of major shareholders the correct next steps are to retrieve the full text of the cited DEF 14A/PRE 14A filings and to search SEC Forms 13D/13G filed around the same dates.

6. Multiple viewpoints and potential agendas in these documents

The filings are corporate documents intended to inform shareholders and regulators; they therefore frame facts in ways favorable to management transparency while protecting sensitive details not required in certain exhibits. Proxy statements are legal disclosures but also governance communications crafted by management and legal counsel, which can emphasize control arrangements (like dual-class voting) without spotlighting large passive institutional holders. The archival market-overview entries [4] aim at investors and may prioritize market metrics over ownership minutiae, so each source’s purpose shapes what it omits.

7. How to get a definitive answer — precise documents to fetch and how to interpret them

To produce an authoritative list of major shareholders, obtain the full DEF 14A and PRE 14A PDFs tied to the March–May 2026 filings and the EX-99.2 exhibit dated December 31, 2025, then search those documents for "Security Ownership of Certain Beneficial Owners and Management," and cross-check with SEC Forms 13D/13G and the company's 10-K. Those filings will show both beneficial ownership percentages and the distinction between economic holders and voting-class holders that the available summaries point to [1] [2] [3].

8. Bottom line and an evidence-based next step

The supplied package documents governance and financial exhibits but does not identify named major shareholders; the answer therefore cannot be extracted from the current excerpts alone [1] [2] [3] [4]. For a verified list, retrieve the full proxy statements and any contemporaneous 13D/13G filings referenced above, then compare ownership tables and voting-class schedules to determine both economic concentration and voting control.

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