SCHEDULE: Beazer Homes Stakeholder Filing

Donald Smith & Co., Inc. and affiliated entities report a significant beneficial ownership stake in Beazer Homes USA Inc.

Summary

• Donald Smith & Co., Inc., along with DSCO Value Fund, L.P., Jon Hartsel, and John Piermont, have collectively reported beneficial ownership of 2,986,562 shares of Beazer Homes USA Inc. common stock.
• This represents approximately 10.4% of the class of securities.
• The filing is made as a Schedule 13G, indicating that the reporting persons are not acting as a group with the purpose of influencing control of the issuer.
• Donald Smith & Co., Inc. acts as an investment advisor to institutional clients, and while they have discretionary authority, the ultimate power to direct dividends and sale proceeds rests with the clients.
• No single client of Donald Smith & Co., Inc. is known to own more than 5% of the class of securities.
• The filing date is March 31, 2026, with the certification signed on May 13, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates significant investment by institutional entities but does not provide operational or financial updates on the company itself.

Positives

• Donald Smith & Co., Inc. and its affiliates hold a substantial 10.4% stake in Beazer Homes USA Inc., indicating confidence in the company's value.
• The reporting persons are classified as institutional investors (IA, PN, IN), suggesting a professional and strategic approach to their investment.

Negatives

• The filing does not contain any negative financial or operational information about Beazer Homes USA Inc. itself, as it is a disclosure of ownership.

Risks

• The filing does not explicitly mention any risks related to Beazer Homes USA Inc. The primary risk is inherent in any equity investment, which is market volatility and the potential for share price decline.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Beazer Homes USA Inc.'s future performance.

Management Comments

• Donald Smith & Co., Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings by institutional investors like Donald Smith & Co., Inc. often signal a belief in the underlying company's value or potential for growth within the homebuilding sector.

Stakeholder Impact

• Shareholders: The filing indicates a significant institutional investor's confidence, which could be perceived positively, but it does not directly impact current share price or dividends.
• Management of Beazer Homes USA Inc.: The presence of a large beneficial owner may influence strategic decisions or governance discussions.
• Employees and Suppliers: No direct impact is indicated by this ownership disclosure.

Next Steps

• Continue to monitor Beazer Homes USA Inc. for future operational and financial disclosures.
• Observe any potential changes in the ownership stake reported by Donald Smith & Co., Inc. and its affiliates.

Key Dates

Keywords

Beazer Homes USA Inc, Schedule 13G, Donald Smith & Co., Inc., DSCO Value Fund, beneficial ownership, institutional investor, investment advisor, common stock, SEC filing