SCHEDULE: Donald Smith & Co. Discloses 6.72% Stake in Cool Co Ltd.

Donald Smith & Co., Inc. and its affiliates have reported a passive beneficial ownership of 6.72% in Cool Co Ltd.'s common stock.

Summary

• Donald Smith & Co., Inc., DSCO Value Fund, L.P., and Jon Hartsel collectively reported beneficial ownership of 3,564,815 shares of Cool Co Ltd. common stock.
• This aggregate ownership represents 6.72% of Cool Co Ltd.'s common stock.
• The filing indicates that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• Donald Smith & Co., Inc. is identified as an investment adviser, DSCO Value Fund, L.P. as a private fund, and Jon Hartsel as an individual, all reporting jointly under Rule 13d-1(b).

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of beneficial ownership without commentary on company performance or outlook.

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future outlook.

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by an investment firm, which is common practice in the financial industry for transparency purposes. It does not provide specific insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Provides transparency on significant ownership stakes, potentially signaling institutional interest in the company.
• Company Management: Awareness of a significant passive investor in the company's common stock.

Key Dates

Keywords

Cool Co Ltd, Donald Smith & Co, DSCO Value Fund, Jon Hartsel, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Adviser, Passive Investment