SCHEDULE 13G/A: Burgundy Asset Management Ltd. Reports 3.49% Ownership in Allison Transmission Holdings Inc.

Sentiment:

SEC Filing


Burgundy Asset Management Ltd. files Schedule 13G, reporting beneficial ownership of 3,043,836 shares, representing 3.49% of Allison Transmission Holdings Inc.'s common stock as of September 30, 2024.

Summary

  • Burgundy Asset Management Ltd. has filed a Schedule 13G with the SEC regarding their ownership in Allison Transmission Holdings Inc.
  • As of September 30, 2024, Burgundy Asset Management beneficially owns 3,043,836 shares of Allison Transmission Holdings Inc.'s common stock.
  • This ownership represents 3.49% of the company's outstanding common stock.
  • Burgundy Asset Management has sole voting power over 2,730,044 shares and sole dispositive power over 3,043,836 shares.
  • The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard SEC filing indicating ownership.

Positives

  • Burgundy Asset Management's investment suggests confidence in Allison Transmission Holdings Inc.
  • The shares are held in the ordinary course of business, indicating a standard investment strategy.

Future Outlook

There are no specific forward-looking statements in this document.

Industry Context

Schedule 13G filings are standard practice for investment firms holding significant positions in publicly traded companies. This filing indicates Burgundy Asset Management's continued investment in Allison Transmission Holdings Inc.

Stakeholder Impact

  • Shareholders: The filing provides transparency regarding institutional ownership.
  • Allison Transmission Holdings Inc.: The company is informed of a significant investor's holdings.

Key Dates

DateDescription
09/30/2024Date of event which requires filing of this statement
02/12/2025Date of signature

Recommendation

hold

Keywords

Allison Transmission Holdings Inc., Burgundy Asset Management Ltd., Schedule 13G, Beneficial Ownership, SEC Filing, Investment Adviser, Common Stock

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