SCHEDULE 13G/A: Investment Funds and Management Disclose 7.1% Beneficial Stake in Allot Ltd.

Philotimo Fund, Philotimo Focused Growth & Income Fund, Kanen Wealth Management LLC, and David L. Kanen have jointly disclosed a 7.1% beneficial ownership stake in Allot Ltd. as of December 31, 2024.

Summary

• Philotimo Fund, LP beneficially owns 1,499,547 Ordinary Shares of Allot Ltd., representing approximately 3.8% of the outstanding shares.
• Philotimo Focused Growth & Income Fund beneficially owns 1,087,642 Ordinary Shares, representing approximately 2.8% of the outstanding shares.
• Kanen Wealth Management LLC (KWM) beneficially owns 2,815,875 Ordinary Shares, representing approximately 7.1% of the outstanding shares. This includes shares owned by Philotimo, PHLOX, and 228,686 shares held in Managed Accounts for which KWM acts as investment manager.
• David L. Kanen beneficially owns 2,815,875 Ordinary Shares, also representing approximately 7.1% of the outstanding shares, through his role as managing member of KWM.
• The Reporting Persons (Philotimo Fund, PHLOX, KWM, and David L. Kanen) form a group that collectively beneficially owns 2,815,875 shares, or approximately 7.1% of Allot Ltd.'s outstanding Ordinary Shares.
• The total number of outstanding shares used for calculation is 39,530,993 as of December 31, 2024, as reported in Allot Ltd.'s Annual Report on Form 20-F filed on March 27, 2025.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 6

Explanation: The filing indicates a significant and continued beneficial ownership stake by a group of investment entities and individuals, which can be interpreted as a vote of confidence in Allot Ltd. by these investors. However, the document itself is a factual disclosure of ownership and does not provide operational or financial performance details of the company.

Positives

• A significant beneficial ownership stake by an investment group may signal confidence in the company's long-term prospects.
• The filing indicates active management of investments in Allot Ltd. by Kanen Wealth Management LLC and its affiliates.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant beneficial ownership stake by a group of investors provides transparency regarding the company's ownership structure and may influence investor perception and trading activity.

Key Dates

Keywords

Allot Ltd., beneficial ownership, Schedule 13G, SEC filing, investment management, Philotimo Fund, Kanen Wealth Management, ordinary shares, institutional ownership, shareholder disclosure