SCHEDULE 13G/A: Thrivent Financial for Lutherans Amends Passive Stake in Cooper-Standard Holdings Inc.

Sentiment:

Beneficial Ownership Report


Thrivent Financial for Lutherans has filed an Amendment No. 8 to its Schedule 13G, reporting a beneficial ownership of 0.35% of Cooper-Standard Holdings Inc. common stock as of March 31, 2025.

Summary

  • Thrivent Financial for Lutherans filed an Amendment No. 8 to its Schedule 13G regarding its holdings in Cooper-Standard Holdings Inc.
  • As of March 31, 2025, Thrivent Financial for Lutherans beneficially owns 60,000 shares of Cooper-Standard Holdings Inc. Common Stock.
  • This ownership represents 0.35% of the total outstanding common stock of Cooper-Standard Holdings Inc.
  • The beneficial ownership includes 323 shares held in Thrivent Defined Benefit Plan Trust and 59,677 shares held by registered investment companies for which Thrivent Financial for Lutherans or its subsidiary, Thrivent Asset Management, LLC, serves as investment adviser.
  • The percentage calculation is based on 17,326,531 shares of Cooper-Standard Holdings Inc. Common Stock outstanding as of February 7, 2025, as reported in the Company's Annual Report on Form 10-K filed on February 14, 2025.
  • Thrivent certifies 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.

Sentiment

Score: 5

Explanation: The document is a routine Schedule 13G filing disclosing passive beneficial ownership, containing no information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Positives

  • Thrivent Financial for Lutherans certifies that the securities were acquired and are held in the ordinary course of business.
  • The holding is explicitly stated not to be for the purpose of changing or influencing control of Cooper-Standard Holdings Inc., indicating a passive, stable institutional investment.

Future Outlook

NA

Management Comments

  • "The securities referred to above were acquired and are held in the ordinary course of business and 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 routine disclosure of institutional ownership and does not provide specific industry context for Cooper-Standard Holdings Inc. beyond identifying it as a publicly traded company.

Stakeholder Impact

  • Provides transparency to shareholders regarding the passive institutional ownership by Thrivent Financial for Lutherans.

Key Dates

DateDescription
2025-02-07Date for the number of outstanding shares (17,326,531) of Cooper-Standard Holdings Inc. Common Stock used for percentage calculation.
2025-02-14Date Cooper-Standard Holdings Inc. filed its Annual Report on Form 10-K for the year ended December 31, 2024, which provided the outstanding share count.
2025-03-31Date of event which requires the filing of this Schedule 13G Amendment No. 8.
2025-04-30Date the Schedule 13G Amendment No. 8 was signed by Thrivent Financial for Lutherans.

Keywords

Cooper-Standard Holdings Inc., Thrivent Financial for Lutherans, Schedule 13G, Common Stock, Beneficial Ownership, SEC Filing, Institutional Investor, Passive Investment

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