SCHEDULE: Ameriprise Financial Discloses 5.1% Stake in Canada Goose
Beneficial Ownership Report
Ameriprise Financial, Inc. and its subsidiary Ameriprise Financial Services, LLC reported a 5.1% beneficial ownership stake in Canada Goose Holdings Inc.'s Subordinate Voting Shares.
Summary
- Ameriprise Financial, Inc. (AFI) and Ameriprise Financial Services, LLC (AFS) filed an Amendment No. 4 to Schedule 13G regarding their beneficial ownership in Canada Goose Holdings Inc.
- AFI reported beneficial ownership of 2,342,761 Subordinate Voting Shares, representing 5.1% of the class.
- AFS reported beneficial ownership of 2,342,537 Subordinate Voting Shares, also representing 5.1% of the class.
- AFI, as the parent company, includes the shares reported by AFS in its aggregate beneficial ownership.
- Both entities disclaim beneficial ownership of any shares reported on this Schedule.
- The shares are held with shared voting power and shared dispositive power by both reporting persons.
- The filing indicates the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Canada Goose Holdings Inc.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, providing no positive or negative operational or financial news for the issuer. It is neutral in sentiment.
Risks
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's operations or financial performance.
Industry Context
This filing reflects a passive investment by a major financial institution in a publicly traded luxury apparel company. It indicates continued institutional interest in Canada Goose Holdings Inc. but does not provide insights into broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming Ameriprise Financial's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which requires filing of this statement |
| 08/14/2025 | Signature date for Ameriprise Financial, Inc. and Ameriprise Financial Services, LLC |
Keywords
Canada Goose Holdings Inc., Ameriprise Financial, Beneficial Ownership, Schedule 13G, Subordinate Voting Shares, SEC Filing, Institutional Ownership
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