0001013594-25-000793.txt : 20250630 0001013594-25-000793.hdr.sgml : 20250630 20250630164422 ACCESSION NUMBER: 0001013594-25-000793 CONFORMED SUBMISSION TYPE: SCHEDULE 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20250630 DATE AS OF CHANGE: 20250630 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Asset Entities Inc. CENTRAL INDEX KEY: 0001920406 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 881293236 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94312 FILM NUMBER: 251092733 BUSINESS ADDRESS: STREET 1: 100 CRESCENT CT STREET 2: 7TH FLOOR CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-459-3117 MAIL ADDRESS: STREET 1: 100 CRESCENT CT STREET 2: 7TH FLOOR CITY: DALLAS STATE: TX ZIP: 75201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STEADFAST CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001214822 ORGANIZATION NAME: EIN: 030481537 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SCHEDULE 13G BUSINESS ADDRESS: STREET 1: 450 PARK AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2124154600 MAIL ADDRESS: STREET 1: 450 PARK AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: STEADFAST CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20030117 SCHEDULE 13G 1 primary_doc.xml SCHEDULE 13G 0001214822 XXXXXXXX LIVE Class B Common Stock, $0.0001 par value per share 06/23/2025 0001920406 Asset Entities Inc. 04541A204 100 CRESCENT CT 7TH FLOOR DALLAS TX 75201 Rule 13d-1(c) STEADFAST CAPITAL MANAGEMENT LP a DE 0 793167 0 793167 793167 N 5.4 PN American Steadfast, L.P. a DE 0 288692 0 288692 288692 N 2 PN Steadfast International Master Fund Ltd. a E9 0 504475 0 504475 504475 N 3.4 CO Robert S. Pitts, Jr. a X1 0 793167 0 793167 793167 N 5.4 IN Asset Entities Inc. 100 CRESCENT CT, 7TH FLOOR, DALLAS, Texas, 75201 The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are: - Steadfast Capital Management LP, a Delaware limited partnership (the "Investment Manager"). - American Steadfast, L.P., a Delaware limited partnership ("American Steadfast"). - Steadfast International Master Fund Ltd., a Cayman Islands exempted company (the "Offshore Fund"). - Robert S. Pitts, Jr., a United States Citizen ("Mr. Pitts"). Mr. Pitts is the controlling principal of the Investment Manager. The Investment Manager has the power to vote and dispose of the securities held by American Steadfast and the Offshore Fund. The business address of each of Mr. Pitts, the Investment Manager and American Steadfast is 450 Park Avenue, 20th Floor, New York, New York 10022. The business address of the Offshore Fund is c/o Morgan Stanley Fund Services (Cayman) Ltd., 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. Each of the Investment Manager and American Steadfast is a limited partnership formed under the laws of the State of Delaware. The Offshore Fund is an exempted company formed under the laws of the Cayman Islands. Mr. Pitts is a citizen of the United States. Y As of June 23, 2025, the Reporting Persons beneficially owned an aggregate of 793,167 shares of the Issuer's Common Stock. Specifically: (i) The Investment Manager beneficially owned 793,167 shares of Common Stock. (ii) American Steadfast beneficially owned 288,692 shares of Common Stock. (iii) The Offshore Fund beneficially owned 504,475 shares of Common Stock. (iv) Mr. Pitts beneficially owned 793,167 shares of Common Stock. (v) Collectively, the Reporting Persons beneficially owned 793,167 shares of Common Stock. As of June 23, 2025, the Reporting Persons may be deemed to have beneficially owned 793,167 shares of Common Stock or 5.4% of the Issuer's Common Stock outstanding, which percentage was calculated based on 14,772,044 shares of Common Stock outstanding as of May 12, 2025, as per the information reported in the Issuer's Form 10-Q filed May 15, 2025. Specifically: (i) The Investment Manager's beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. (ii) American Steadfast's beneficial ownership of 288,692 shares of Common Stock represented 2.0% of the outstanding Common Stock. (iii) The Offshore Fund's beneficial ownership of 504,475 shares of Common Stock represented 3.4% of the outstanding Common Stock. (iv) Mr. Pitts' beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. (v) Collectively, the Reporting Persons' beneficial ownership of 793,167 shares of Common Stock represented 5.4% of the outstanding Common Stock. Not applicable. American Steadfast had shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 288,692 shares of Common Stock beneficially owned by American Steadfast. The Offshore Fund had shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 504,475 shares of Common Stock beneficially owned by the Offshore Fund. Not applicable. American Steadfast had shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 288,692 shares of Common Stock beneficially owned by American Steadfast. The Offshore Fund had shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 504,475 shares of Common Stock beneficially owned by the Offshore Fund. Y Y Y N See Exhibit B Y N 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, other than activities solely in connection with a nomination under ?? 240.14a-11. EXHIBIT A - JOINT FILING AGREEMENT EXHIBIT B STEADFAST CAPITAL MANAGEMENT LP /s/ Robert S. Pitts, Jr President 06/30/2025 American Steadfast, L.P. /s/ Robert S. Pitts, Jr. President of Steadfast Capital Management LP, Attorney-in-Fact 06/30/2025 Steadfast International Master Fund Ltd. /s/ Sheena Koshy Director 06/30/2025 Robert S. Pitts, Jr. /s/ Robert S. Pitts, Jr. Robert S. Pitts, Jr. 06/30/2025 EX-99 2 exha.htm JOINT FILING AGREEMENT
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the Class B Common Stock of Asset Entities Inc., dated June 30, 2025 is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
Dated:
June 30, 2025
STEADFAST CAPITAL MANAGEMENT LP
 
       
By:
/s/ Robert S. Pitts, Jr.
 
 
Robert S. Pitts, Jr.
 
 
President
 
     
     
AMERICAN STEADFAST, L.P.
By:  STEADFAST CAPITAL MANAGEMENT LP, Attorney-in-Fact
     
By:
/s/ Robert S. Pitts, Jr.
 
 
Robert S. Pitts, Jr.
 
 
President
 
     
     
STEADFAST INTERNATIONAL MASTER FUND LTD.
     
By:
/s/ Sheena Koshy
 
 
Sheena Koshy
 
 
Director
 
     
     
 
/s/ Robert S. Pitts, Jr.
 
Robert S. Pitts, Jr.
 
EX-99 3 exhb.htm
EXHIBIT B
Steadfast Capital Management LP
American Steadfast, L.P.
Steadfast International Master Fund Ltd.
Robert S. Pitts, Jr.