SCHEDULE 13G/A: Clarkston Capital Partners and Affiliates Disclose 5.20% Stake in Affiliated Managers Group
Beneficial Ownership Disclosure
Clarkston Capital Partners, along with its affiliated entities and individuals, has disclosed a 5.20% beneficial ownership stake in Affiliated Managers Group, Inc., totaling 1,572,189 shares of common stock as of December 31, 2024.
Summary
- Clarkston Capital Partners, LLC, Clarkston Companies, Inc., Modell Capital LLC, Jeffrey A. Hakala, Gerald W. Hakala, and Jeremy J. Modell collectively reported beneficial ownership of 1,572,189 shares of Common Stock in Affiliated Managers Group, Inc.
- This aggregate amount represents 5.20% of the Issuer's Common Stock outstanding, based on 30,225,132 shares reported as outstanding by Affiliated Managers Group, Inc. as of November 5, 2024.
- The reporting persons hold sole voting power over 718,179 shares and shared voting power over 777,950 shares.
- They also hold sole dispositive power over 718,179 shares and shared dispositive power over 854,010 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer, consistent with a Rule 13d-1(b) filing.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership, with no explicit positive or negative financial or operational news. Its sentiment is neutral as it primarily serves a compliance purpose.
Future Outlook
NA
Industry Context
This Schedule 13G/A filing is a routine regulatory disclosure required when an investor or group acquires beneficial ownership of more than 5% of a company's voting equity securities, and holds them for passive investment purposes. It provides transparency regarding significant ownership stakes in publicly traded companies, which is standard practice within the investment management industry.
Stakeholder Impact
- Shareholders of Affiliated Managers Group, Inc. are informed of a significant passive ownership stake held by Clarkston Capital Partners and its affiliates, providing transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 2024-11-05 | Date as of which Affiliated Managers Group, Inc. reported 30,225,132 shares of Common Stock outstanding in its Form 10-Q. |
| 2024-11-07 | Date Affiliated Managers Group, Inc. filed its quarterly report on Form 10-Q with the SEC. |
| 2024-12-31 | Date of event which required the filing of this Schedule 13G/A, representing the snapshot of beneficial ownership. |
| 2025-02-14 | Date the Schedule 13G/A was signed and filed by the reporting persons. |
Keywords
Schedule 13G, beneficial ownership, Affiliated Managers Group, AMG, Clarkston Capital Partners, investment adviser, common stock, passive investment
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