SCHEDULE: Reinhart Partners Discloses 3% Stake in Axcelis Technologies

Reinhart Partners, LLC has reported a beneficial ownership of 3.0% in Axcelis Technologies Inc., holding 928,660 shares as of June 30, 2026.

Summary

• Reinhart Partners, LLC has filed a Schedule 13G, indicating their beneficial ownership of Axcelis Technologies Inc. common stock.
• The filing, dated June 30, 2026, shows Reinhart Partners holds 928,660 shares, representing 3.0% of the class of securities.
• The reporting person, Sandi King (CCO of Reinhart Partners, LLC), has sole voting power over 852,169 shares and sole dispositive power over all 928,660 shares.
• This filing is an amendment (Amendment No. 1) to a previous filing.
• Reinhart Partners certifies 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: StockSavvy.ai views this as a neutral filing. It's a standard disclosure of beneficial ownership by an institutional investor, indicating a passive investment rather than a significant strategic shift or performance indicator for Axcelis Technologies.

Positives

• Reinhart Partners, LLC has taken a significant stake, holding 3.0% of Axcelis Technologies Inc. common stock.
• The reporting person has sole voting and dispositive power over the reported shares, indicating clear control over their investment decisions.
• The filing indicates the shares are held in the ordinary course of business, suggesting a standard investment strategy rather than a hostile takeover attempt.

Risks

• The filing does not explicitly mention any risks. However, any investment carries inherent market risks.
• As a Schedule 13G filer, Reinhart Partners is typically a passive investor. A change in their investment strategy could impact the stock price, but this is speculative.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is a disclosure of current ownership.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, 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 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Reinhart Partners, LLC, reporting a 3.0% stake in Axcelis Technologies Inc., is a common disclosure for institutional investors crossing the 5% ownership threshold or making significant changes. Axcelis Technologies operates in the semiconductor equipment manufacturing sector, a highly competitive and capital-intensive industry.

Stakeholder Impact

• Shareholders: The filing indicates increased institutional interest, which can be viewed positively, but the passive nature of the filing suggests no immediate impact on share price or corporate control.
• Management: The certification by Reinhart Partners confirms their intent to remain passive investors, which may reassure management regarding control concerns.
• Creditors: No direct impact is indicated.

Next Steps

• Reinhart Partners, LLC will continue to hold its shares in Axcelis Technologies Inc.
• Further filings may be required if Reinhart Partners' ownership stake changes significantly.

Key Dates

Keywords

Axcelis Technologies, Reinhart Partners, Schedule 13G, SEC Filing, Beneficial Ownership, Common Stock, Investment, Securities