SCHEDULE 13G: RWWM Entities Disclose 8.58% Passive Stake in Fox Factory Holding Corp.
Beneficial Ownership Filing
RWWM, Inc., along with its 401k Profit Sharing Plan and key individuals Scott P. Roseman and Aaron J. Wagner, have disclosed a combined passive beneficial ownership of 8.58% in Fox Factory Holding Corp.'s common stock.
Summary
- RWWM, Inc., RWWM Inc. 401k Profit Sharing Plan, Scott P. Roseman, and Aaron J. Wagner collectively reported beneficial ownership of 3,576,560 shares of Fox Factory Holding Corp. common stock.
- This aggregate amount represents 8.58% of the class of securities.
- RWWM, Inc. holds sole dispositive power over 3,576,560 shares.
- Scott P. Roseman and Aaron J. Wagner share dispositive power over 3,576,560 shares.
- The RWWM Inc. 401k Profit Sharing Plan, Scott P. Roseman, and Aaron J. Wagner share voting power over 29,646 shares.
- Aaron J. Wagner also holds sole voting power over 6,117 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is generally neutral in sentiment, as it primarily discloses passive ownership. The certification that the stake is not for control purposes reinforces this neutrality.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by an investment adviser and related entities in Fox Factory Holding Corp., a company known for its high-performance suspension products. Such filings are common for institutional investors accumulating stakes in publicly traded companies, reflecting a belief in the company's long-term value without seeking active control.
Stakeholder Impact
- Shareholders: The disclosure of a significant 8.58% stake by RWWM entities may be viewed positively by some shareholders as it indicates institutional confidence in the company, potentially signaling stability or future interest from other large investors.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement |
| 04/25/2025 | Signature date for RWWM, Inc., RWWM Inc. 401k Profit Sharing Plan, Scott P. Roseman, and Aaron J. Wagner |
Keywords
Fox Factory Holding Corp, RWWM Inc, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing
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