SCHEDULE 13G: Gumshoe Capital Entities Disclose 5% Passive Stake in Compass Minerals International

Gumshoe Capital Management LLC, along with its affiliates Gumshoe Master Fund LP, Gumshoe Capital GP LLC, and Eric Wolff, have disclosed a passive beneficial ownership of 5.0% in Compass Minerals International, Inc.'s common stock.

Summary

• Gumshoe Capital Management LLC, Gumshoe Master Fund LP, Gumshoe Capital GP LLC, and Eric Wolff collectively reported beneficial ownership of 2,089,937 shares of Compass Minerals International, Inc. common stock.
• This aggregate ownership represents 5.0% of the outstanding common stock of Compass Minerals International, Inc.
• The reporting persons hold shared voting power and shared dispositive power over all 2,089,937 shares.
• The filing is a Schedule 13G, indicating a passive investment purpose, with the reporting persons certifying that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 240.14a-11.
• Gumshoe Capital Management LLC is a Delaware-organized entity, Gumshoe Master Fund LP is organized in the Cayman Islands, Gumshoe Capital GP LLC is organized in Delaware, and Eric Wolff is a U.S. citizen.
• All reported securities are directly owned by advisory clients of Gumshoe Capital Management LLC, with Gumshoe Master Fund LP being the only advisory client known to beneficially own more than 5% of the common stock.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements from the issuer.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a standard disclosure of a significant passive ownership stake by an investment firm in a publicly traded company. It does not provide specific insights into broader industry trends for the chemicals or mining sectors, but rather details an investment position.

Stakeholder Impact

• Shareholders: The disclosure of a 5.0% passive stake by Gumshoe Capital entities provides transparency regarding a significant institutional investor's position in the company, which can influence market perception and trading activity.

Key Dates

Keywords

Compass Minerals International, Gumshoe Capital Management, Beneficial Ownership, Schedule 13G, Passive Investment, Common Stock, SEC Filing, Investment Management, Salt, Plant Nutrition