SCHEDULE: Donald Smith & Co. Discloses 9.7% Stake in Chatham Lodging

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported a combined 9.7% beneficial ownership in Chatham Lodging Trust common stock.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. collectively beneficially own 4,684,548 shares of Chatham Lodging Trust common stock.
• This ownership represents 9.7% of the total outstanding common stock of Chatham Lodging Trust.
• The filing is a Schedule 13G, indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• Donald Smith & Co., Inc. holds sole voting power over 4,293,623 shares and sole dispositive power over 4,641,100 shares.
• DSCO Value Fund, L.P. holds sole voting power over 43,448 shares and sole dispositive power over 43,448 shares.
• The reporting persons are a Delaware Corporation (Donald Smith & Co., Inc.) and a Delaware Limited Partnership (DSCO Value Fund, L.P.).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as Schedule 13G primarily serves as a disclosure of beneficial ownership by a passive investor and does not inherently convey positive or negative operational news.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for passive investors holding significant stakes, providing transparency into major ownership positions within the lodging REIT sector. This filing indicates a substantial, but passive, investment by Donald Smith & Co. in Chatham Lodging Trust.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake, which can influence market perception of institutional interest in Chatham Lodging Trust.

Key Dates

Keywords

Chatham Lodging Trust, Donald Smith & Co., DSCO Value Fund, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, REIT, Lodging