SCHEDULE: South Dakota Investment Council Trims Bristow Stake

South Dakota Investment Council has reduced its beneficial ownership in Bristow Group Inc. to 11.7% through a recent share sale.

Summary

• South Dakota Investment Council (Reporting Person) filed Amendment No. 11 to its Schedule 13D regarding its stake in Bristow Group Inc. (Issuer).
• The Reporting Person now beneficially owns 3,379,207 shares of Bristow Group Inc. Common Stock.
• This represents 11.7% of the Issuer's outstanding Common Stock, calculated based on 28,814,000 shares outstanding as of July 31, 2025.
• The filing indicates a sale of 49,951 shares on August 6, 2025, at a weighted average price of $38.3690 per share, with a price range of $38.20 to $38.835.

Sentiment

Score: 4

Explanation: The filing indicates a reduction in beneficial ownership by a significant institutional investor, which could be perceived as a slightly negative signal, although the sale represents a small portion of their overall holding.

Negatives

• South Dakota Investment Council sold 49,951 shares of Bristow Group Inc. Common Stock on August 6, 2025.
• The sale reduced the beneficial ownership percentage to 11.7% from a previously higher, though unspecified, amount.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Potential slight negative sentiment due to a large institutional investor reducing their stake, though the sale volume is minor relative to their total holding.

Key Dates

Recommendation

The filing indicates a minor reduction in a significant institutional investor's stake. While a sale by a large holder can be a slight negative signal, the transaction volume is relatively small compared to their overall holding, suggesting it may be part of routine portfolio rebalancing rather than a strong bearish signal. Investors should monitor future filings for further changes in ownership.

Keywords

Bristow Group Inc., South Dakota Investment Council, Schedule 13D, Common Stock, Share Ownership, Institutional Investor, BRS