SCHEDULE: Portolan Capital Discloses 6.31% Stake in Canada Goose

Portolan Capital Management, LLC and its manager George McCabe have reported a passive beneficial ownership of 6.31% in Canada Goose Holdings Inc.'s Subordinate Voting Shares.

Summary

• Portolan Capital Management, LLC and George McCabe collectively beneficially own 2,905,370 Subordinate Voting Shares of Canada Goose Holdings Inc.
• This ownership represents 6.31% of the total outstanding Subordinate Voting Shares.
• Portolan Capital Management, LLC, a Delaware-organized registered investment adviser, holds these shares as an investment manager for various clients.
• George McCabe, a U.S. citizen, is the Manager of Portolan Capital Management, LLC and indirectly beneficially owns the same shares.
• Both reporting persons have sole voting power and sole dispositive power over all 2,905,370 shares.
• The filing indicates that the securities were not acquired and are not held for the purpose of changing or influencing the control of Canada Goose Holdings Inc.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's operational or financial performance.

Positives

• A significant institutional investor, Portolan Capital Management, LLC, has taken a 6.31% beneficial ownership stake in Canada Goose Holdings Inc., which can be viewed as a vote of confidence in the company.

Stakeholder Impact

• Shareholders: The disclosure of a new significant institutional investor may influence market perception and trading activity for Canada Goose Holdings Inc. shares.

Key Dates

Keywords

Canada Goose Holdings Inc., Subordinate Voting Shares, Portolan Capital Management, George McCabe, Beneficial Ownership, Institutional Investor, SEC Filing, Schedule 13G, Investment Adviser