SCHEDULE: Claret Asset Management Discloses 3.89% Stake in Alithya
Beneficial Ownership Report (Amendment)
Claret Asset Management Corporation has filed an Amendment No. 8 to Schedule 13G, disclosing a 3.89% beneficial ownership in Alithya Group inc's Class A subordinate voting stock as of December 31, 2025.
Summary
- Claret Asset Management Corporation (CAMC) reported beneficial ownership of 3,589,055 shares of Alithya Group inc's Class A subordinate voting stock.
- This ownership represents 3.89% of the Class A subordinate voting stock, based on 92,363,474 shares outstanding as of November 12, 2025.
- CAMC, an investment adviser based in Quebec, Canada, holds sole voting and dispositive power over all reported shares.
- The filing is an Amendment No. 8 to a previous Schedule 13G, indicating an update to their ownership position.
- CAMC certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Alithya Group inc.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It is a standard compliance disclosure of a passive ownership stake below the 5% threshold, indicating no intent to influence control, and thus carries no inherent positive or negative sentiment for the issuer.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance from the issuer or the reporting person regarding future performance or strategy.
Management Comments
- Claret Asset Management Corporation's Chief Operating Officer / Chief Compliance Officer, Brian Kwok, certified that 'the securities referred to above were acquired and are held in the ordinary course of business and 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 ยงยง 240.14a-11.'
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of an investment adviser's passive stake in a publicly traded company. It does not provide insights into broader industry trends or competitive dynamics, focusing solely on the ownership structure of Alithya Group inc by Claret Asset Management Corporation.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming a passive investment approach.
- Management: Confirms that a notable institutional investor holds a stake without intent to influence control, which can be a sign of confidence in current management.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 2025-11-12 | Date as of which the issuer reported 92,363,474 Subordinated Voting Shares issued and outstanding in its Form 6-K. |
| 2025-12-31 | Date of event which requires the filing of this statement, representing the beneficial ownership reporting date. |
| 2026-02-10 | Date the Schedule 13G Amendment No. 8 was signed and filed. |
Keywords
Alithya Group inc, Claret Asset Management Corporation, Schedule 13G, Beneficial Ownership, Class A subordinate voting stock, Investment Adviser, SEC Filing, Equity Stake
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.