SCHEDULE: Ameriprise Financial Boosts Energy Recovery Stake

Ameriprise Financial, Inc. and its affiliates reported a significant beneficial ownership stake in Energy Recovery, Inc., reaching 9.9% of common stock.

Summary

• Ameriprise Financial, Inc. and its affiliated entities, including various Threadneedle and Columbia Threadneedle funds, reported beneficial ownership of Energy Recovery, Inc. common stock.
• Ameriprise Financial, Inc. holds an aggregate of 5,401,044 shares, representing 9.9% of the class, with shared voting power over 5,400,544 shares and shared dispositive power over 5,401,044 shares.
• Several UK and Luxembourg-based Threadneedle entities, subsidiaries of Ameriprise, collectively hold 4,788,751 shares, equating to 8.8% of the class, with shared voting and dispositive power.
• CT (Lux) American Smaller Companies, a sub-fund of Columbia Threadneedle (Lux) I SICAV, holds 2,963,406 shares, representing 5.4% of the class, with sole voting and dispositive power over these shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of Energy Recovery, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership report (Schedule 13G) and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or outlook. It is purely informational regarding institutional holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of significant institutional ownership by Ameriprise Financial and its affiliates provides transparency regarding the company's shareholder base, potentially influencing investor confidence and market perception.

Key Dates

Keywords

Energy Recovery Inc, Ameriprise Financial, Beneficial Ownership, Schedule 13G, Institutional Investor, Common Stock, Investment Management, Threadneedle, Columbia Threadneedle