SCHEDULE 13G/A: Pacer Entities File Amended Schedule 13G for AdaptHealth Corp., Reporting Zero Beneficial Ownership
Beneficial Ownership Report
Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson have filed an amended Schedule 13G for AdaptHealth Corp., indicating they no longer beneficially own any shares as of March 31, 2025.
Summary
- This document is an Amendment No. 1 to a Schedule 13G filing by Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson (collectively, the "Reporting Persons") regarding their beneficial ownership of common stock in AdaptHealth Corp.
- As of March 31, 2025, the Reporting Persons collectively report 0.00 shares beneficially owned, representing 0% of AdaptHealth Corp.'s common stock.
- The calculation of percentage ownership is based on 134,602,317 shares of common stock issued and outstanding as of December 31, 2024, as provided by AdaptHealth Corp.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing reporting a change in beneficial ownership to zero. It contains no positive or negative operational or financial information about the issuer, AdaptHealth Corp.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership changes by an investment fund and its affiliates. It does not provide specific insights into broader industry trends for healthcare equipment or services, nor does it offer comparative analysis with competitors. The reduction to zero ownership by Pacer entities could reflect a portfolio rebalancing decision rather than a specific view on AdaptHealth's industry position.
Key Dates
| Date | Description |
|---|---|
| 2024-12-31 | Date of shares outstanding calculation (134,602,317 shares) provided by the Issuer. |
| 2025-03-31 | Date of event which requires filing of this statement (Reporting Persons' beneficial ownership became 0%). |
| 2025-05-02 | Date of filing of this Schedule 13G Amendment. |
Keywords
AdaptHealth Corp., Pacer US Small Cap Cash Cows ETF, Pacer Advisors Inc., Joe M. Thomson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Fund, Investment Adviser
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.