SCHEDULE: Donald Smith & Co. Discloses 5.66% Stake in Algoma Steel
Beneficial Ownership Report
Investment advisor Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported a combined beneficial ownership of 5.66% in Algoma Steel Group Inc. common stock.
Summary
- Donald Smith & Co., Inc., an investment adviser, and DSCO Value Fund, L.P., a private fund, have filed a Schedule 13G indicating beneficial ownership in Algoma Steel Group Inc.
- The aggregate amount beneficially owned by Donald Smith & Co., Inc. is 5,937,020 shares of common stock, representing 5.66% of the class.
- Donald Smith & Co., Inc. holds sole voting power over 5,716,960 shares and sole dispositive power over 5,879,230 shares.
- DSCO Value Fund, L.P. holds sole voting power over 57,790 shares and sole dispositive power over 57,790 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Algoma Steel Group Inc.
Sentiment
Score: 7
Explanation: The disclosure of a significant beneficial ownership stake by an institutional investment advisor is generally viewed as a positive signal, indicating confidence in the company's value, although the filing itself does not contain performance data.
Positives
- A significant beneficial ownership stake by an institutional investment advisor like Donald Smith & Co., Inc. can signal confidence in the issuer's long-term prospects.
Future Outlook
NA
Management Comments
- Richard L. Greenberg, CEO and Co-CIO, certified that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or with the effect of changing or influencing the control of Algoma Steel Group Inc.
Industry Context
This filing is a standard disclosure of beneficial ownership and does not provide specific insights into broader industry trends or competitive landscape for the steel sector.
Stakeholder Impact
- Shareholders gain transparency regarding significant institutional holdings, which can influence market perception and potentially provide a vote of confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date of event which required the filing of this statement. |
| 11/12/2025 | Date of signature by Richard L. Greenberg, CEO and Co-CIO of Donald Smith & Co., Inc. and DSCO Value Fund, L.P. |
Keywords
Algoma Steel Group Inc., Donald Smith & Co. Inc., DSCO Value Fund L.P., Beneficial Ownership, Schedule 13G, Common Stock, Investment Advisor, Steel Industry
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