A Dallas Firm With No History Just Took 5.2 Percent of Take-Two

A firm called Starlite Capital INC filed a SCHEDULE 13G with the Securities and Exchange Commission on August 17, 2026, disclosing beneficial ownership of 9,722,960 shares of Take-Two Interactive, or 5.2 percent of the company. At the share price implied by a director filing made the same day, that position is worth roughly 2.38 billion dollars. It is the largest single holding in a book the same firm reported at 9.7 billion dollars, and it crossed the 5 percent disclosure threshold 94 days before Grand Theft Auto VI is due to ship. Before any of the numbers, the thing you need to know about the filer. Starlite Capital has no EDGAR history before July 24, 2026 CONFIRMED (our own retrieval of data.sec.gov/submissions/CIK0002147007.json, August 18, 2026). The complete filing history for this entity, every document it has ever submitted to the SEC, is five filings, and the oldest of them is dated 2026-07-24. 2026-08-17, SCHEDULE 13G, accession 0002147007-26-000007, the Take-Two filing 2026-08-17, SCHEDULE 13G/A, accession 0002147007-26-000006 2026-07-31, 13F-HR/A, accession 0002147007-26-000004 2026-07-24, 13F-HR, accession 0002147007-26-000002 2026-07-24, SCHEDULE 13G, accession 0002147007-26-000001 CONFIRMED (same retrieval): the registered name is "Starlite Capital INC", CIK 0002147007, the SIC code field is empty and the formerNames array is empty. There is no prior identity attached to this CIK. CONFIRMED NEGATIVE (our own searching, August 18, 2026): we found no independent public record of this firm beyond EDGAR itself and aggregator sites that merely re-scrape EDGAR. No independently sourced profile, no independently sourced history, nothing that exists apart from the filings. We are stating that as a finding rather than an insinuation. A first-time filer reporting a 9.7 billion dollar book with no submission history before July 2026 is unusual, and readers deserve to know that the paperwork is the entire visible footprint. We are not going to tell you who Starlite Capital is, because we do not know, and we are not going to guess. What the 13G says CONFIRMED (our own retrieval of the primary document at sec.gov, August 18, 2026, HTTP 200, 6,947 bytes). Accession 0002147007-26-000007, form SCHEDULE 13G, filed 2026-08-17, event date requiring the filing 08/17/2026. FieldValue as filed IssuerTAKE TWO INTERACTIVE SOFTWARE INC CUSIP874054109 Amount beneficially owned9,722,960 Class percent5.2 Sole power to vote9,722,960 Shared power to vote0 Sole power to dispose9,722,960 Shared power to dispose0 Rule designatedRule 13d-1(c) Address1910 Pacific Ave Suite 2000, Dallas, TX 75201, United States CONFIRMED (same document): three reporting persons are named. "Starlite Capital INC" as a corporation, "The Gregory Fenelon Revocable Living Trust" as other, and "Gregory Fenelon" as an individual. The signature block reads Gregory Fenelon, Chief Executive Officer, dated 08/17/2026. Every share is held with sole voting and sole dispositive power. There is no shared authority anywhere in the filing. Take-Two is the largest line in a reported 9.7 billion dollar book, sitting ahead of Amazon, Visa, Alphabet and Microsoft. Where the 245.01 dollar price comes from, and why it is not a warning sign The 13G reports a share count and a percentage. It does not report a dollar value. To price the stake we used two Form 144 notices filed by Take-Two directors on the same day. CONFIRMED (our own retrieval of Form 144, accession 0001959173-26-006066, August 18, 2026). Michael Sheresky, Director. Units sold 127. Aggregate market value 31,116.27. Approximate sale date 08/17/2026. Plan adoption date 11/18/2025. Shares outstanding 186,980,443. CONFIRMED (our own retrieval of the second Form 144, accession 0001959173-26-006064, August 18, 2026, HTTP 200, 3,449 bytes). Laverne Srinivasan, Director. Units sold 362. Aggregate market value 88,693.62. Approximate sale date 08/17/2026. Both notices carry the same shares outstanding figure of 186,980,443, both were filed through Fidelity Brokerage Services LLC, and both record the nature of the acquisition verbatim as "Restricted Stock Vesting". Divide either one and you get the same number. 31,116.27 divided by 127 is 245.01 exactly. 88,693.62 divided by 362 is 245.01 exactly. Two independent filings agreeing to the cent is a solid price anchor. We want to be scrupulous about what these two filings are, because the contrast is easy to misuse. These are tiny, routine sales. 127 shares and 362 shares, out of 186,980,443 outstanding. They come from restricted stock vesting, which is how executive compensation is normally settled, and one of them runs under a plan adopted in November 2025, long before any of this. They are not a bearish signal. They are not directors selling into strength. They are not evidence of anything at all about the company's prospects. Their entire value to this piece is that they timestamp a price on August 17, 2026. The arithmetic, all of it reproducible Implied price: 31,116.27 / 127 = 245.01 dollars. The stake as a percentage: 9,722,960 / 186,980,443 = 5.2000 percent, which matches the filed 5.2 to four decimals. Value of the position: 9,722,960 x 245.01 = 2,382,222,430 dollars, so about 2.38 billion. That last figure is a mark, not a cost basis. We do not know what Starlite paid for any of it, because a 13G does not disclose purchase prices. They were under 5 percent seven weeks earlier CONFIRMED (our own retrieval of the 13F-HR/A, accession 0002147007-26-000004, August 18, 2026). This is a restatement, period of report 06-30-2026, covering 14 positions with a book total of 9,701,055,467 dollars. Take-Two is the largest line in it. Value 1,752,173,545 dollars across 7,426,519 shares. PositionReported value, USDShares Take-Two Interactive Software1,752,173,5457,426,519 Amazon.com1,275,775,8325,165,123 Visa1,073,606,7492,990,876 Alphabet845,327,4412,386,147 Microsoft844,221,7452,104,879 Lowe's662,331,6043,065,234 Berkshire Hathaway B560,482,9161,136,852 Goldman Sachs487,948,771458,173 MSG Sports475,131,5001,204,918 MGM Resorts451,662,3909,330,416 Chipotle425,338,774244,189 Uber370,445,2885,074,632 Ulta Beauty336,778,912732,154 MSG Entertainment139,830,0002,370,183 Three things fall out of putting the two filings side by side. They were genuinely below the threshold at June 30. 7,426,519 / 186,980,443 = 3.9718 percent. This is a real crossing of the 5 percent line and not a first disclosure of a position that was already there. They bought 2,296,441 more shares. 9,722,960 minus 7,426,519. That is an increase of 30.92 percent in the size of the holding between the June 30 snapshot and the August 17 event date. Take-Two is 18.06 percent of the whole book. 1,752,173,545 / 9,701,055,467. Close to a fifth of a reported 9.7 billion dollars sits in one video game publisher, ahead of four of the largest companies in the world. For completeness, the 13F implies a price of 235.93 dollars per share at June 30, from 1,752,173,545 divided by 7,426,519. What Rule 13d-1(c) actually means The filing designates Rule 13d-1(c), which is the passive investor route. That designation carries a certification, and the wording matters more than the label. CONFIRMED (Item 10 of the filing, quoted in full): "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." In plain terms: the filer is stating, under the rules, that this is an investment and not a move on the company. A holder who intended to press for board seats, a sale, a strategy change or any other exercise of influence would be required to file a SCHEDULE 13D instead, which demands considerably more disclosure including the purpose of the transaction and the source of funds. So the correct reading of this document is narrow. Somebody bought a lot of Take-Two stock and certified that they are not trying to steer the company. That is the whole of it. What we are deliberately not saying We are not telling you this is a bet on Grand Theft Auto VI. The filing gives no reason for the purchase, the certification explicitly disclaims a control purpose, and a 13G contains no statement of thesis. Anyone presenting this as a fund positioning for a November launch is supplying a motive the document does not contain. We are not telling you the timing is meaningful. The 94 day gap to launch is arithmetic, and we are printing it because it is a fact about the calendar rather than a fact about anyone's intentions. We are not telling you who Starlite Capital is. We looked, we found the five filings, and we found nothing else that does not simply restate the five filings. We are not telling you these shares are still held. A 13G is a snapshot at an event date. The position as filed is the position as of August 17, 2026. What this changes for a reader watching TTWO Concretely, very little on its own, and that is worth saying rather than dressing it up. One holder crossing 5 percent does not move a share price by itself and does not alter what Rockstar ships in November. What it does give you is a dated, mandatory, penalty-backed public document stating that somebody now controls 5.2 percent of the company with sole voting power, seven weeks after they controlled 3.97 percent. Whatever you believe about the stock, that is a real change in the register and it is on the record. Limits on everything above The Wayback Machine returned HTTP 429 on every attempt this pass, so we hold no dated before and after snapshot of any page in this piece. Every claim here is as of August 18, 2026 and we cannot demonstrate what any of these pages looked like previously. We did not contact Starlite Capital, Take-Two or any of the individuals named in the filings, and none of them has commented to us. What we confirmed and what we did not Confirmed (our own retrieval of the SCHEDULE 13G primary document on sec.gov, August 18, 2026, HTTP 200, 6,947 bytes): accession 0002147007-26-000007, filed 2026-08-17, event date 08/17/2026, issuer TAKE TWO INTERACTIVE SOFTWARE INC, CUSIP 874054109, amount beneficially owned 9,722,960, class percent 5.2, sole voting and sole dispositive power over all of it, shared power zero on both, rule designated 13d-1(c), address 1910 Pacific Ave Suite 2000, Dallas, TX 75201. Confirmed (same document): three reporting persons, Starlite Capital INC (corporation), The Gregory Fenelon Revocable Living Trust (other) and Gregory Fenelon (individual), signed by Gregory Fenelon, Chief Executive Officer, 08/17/2026. Confirmed (same document, Item 10): the passive certification quoted in full in the copy above. Confirmed (our own retrieval of data.sec.gov/submissions/CIK0002147007.json, August 18, 2026): five filings in the entity's complete history, none before 2026-07-24, SIC field empty, formerNames empty. Confirmed negative (our own searching, August 18, 2026): no independent public record of Starlite Capital was found beyond EDGAR and sites that re-scrape EDGAR. We do not describe the firm as well known, because we have no basis to. Confirmed (our own retrieval of the 13F-HR/A, accession 0002147007-26-000004, August 18, 2026): a restatement for period 06-30-2026, 14 positions, book total 9,701,055,467, Take-Two the largest line at 1,752,173,545 across 7,426,519 shares, ahead of Amazon, Visa, Alphabet and Microsoft. Confirmed (our own retrieval of Form 144 accessions 0001959173-26-006066 and 0001959173-26-006064, August 18, 2026): Michael Sheresky 127 units at aggregate market value 31,116.27 and Laverne Srinivasan 362 units at 88,693.62, both dated 08/17/2026, both recording the nature of the acquisition as "Restricted Stock Vesting", both filed through Fidelity Brokerage Services LLC, both carrying shares outstanding of 186,980,443, with plan adoption 11/18/2025 on the first and no plan adoption date given on the second. Stated plainly: those two Form 144 sales are tiny and routine and are used here only to anchor the share price. They are not a bearish signal and we do not present them as one. Editor's own arithmetic, reproducible from the figures above: implied price 245.01; 9,722,960 / 186,980,443 = 5.2000%; 7,426,519 / 186,980,443 = 3.9718%; delta +2,296,441 shares or +30.92%; position value 2,382,222,430; Take-Two 18.06% of the 13F book; 13F implied price at June 30 of 235.93. Explicitly not claimed: any motive for the purchase, any link to the Grand Theft Auto VI launch, the identity or nature of Starlite Capital beyond what the filings state, any cost basis, or that the position is still held today. Could not do: the Wayback Machine returned HTTP 429 on every attempt, so no dated before and after snapshot exists for any page here. Every claim is as of August 18, 2026 only. Not obtained: any comment from Starlite Capital, Take-Two or any individual named in the filings. None was sought. We re-check the register as filings land, and the results go on our news page. If you are working out where you will be playing once November arrives, our servers list is the place to start.