LMR Partners LLP Reports New 6.3% Stake in BuzzFeed Inc via Warrants

LMR Partners LLP, along with its affiliated investment managers and controlling individuals Ben Levine and Stefan Renold, filed a Schedule 13G on May 15, 2026, reporting a new 6.3% stake in BuzzFeed Inc (BZFD). The reporting group disclosed beneficial ownership of 2,444,027 shares of Class A Common Stock, which are issuable upon the exercise of warrants held directly by LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd. Specifically, LMR Master Fund holds warrants for 1,222,012 shares, and LMR CCSA Master Fund holds warrants for 1,222,015 shares. The filing indicates that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The calculation is based on approximately 36,296,018 shares outstanding as of March 12, 2026, adjusted for the shares acquirable by the reporting persons within 60 days. This position represents a significant new holding for the LMR group in the digital media company.