SCHEDULE 13G/A: William Blair Investment Management Discloses 5.9% Stake in Fox Factory Holding Corp.
Beneficial Ownership Disclosure
William Blair Investment Management, LLC has disclosed a 5.9% beneficial ownership stake in Fox Factory Holding Corp., holding 2,476,501 shares of common stock as of March 31, 2025.
Summary
- William Blair Investment Management, LLC has filed an Amendment No. 2 to Schedule 13G, disclosing its beneficial ownership in FOX FACTORY HOLDING CORP.
- As of March 31, 2025, William Blair Investment Management, LLC beneficially owns 2,476,501 shares of Fox Factory Holding Corp. Common Stock.
- This ownership represents 5.9% of the total class of securities.
- The reporting person holds sole voting power over 2,271,414 shares and sole dispositive power over 2,476,501 shares.
- 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: 6
Explanation: The sentiment is mildly positive as it indicates a significant, passive investment by a reputable institutional investor, which can be interpreted as a vote of confidence in the company.
Positives
- The disclosure of a significant 5.9% stake by a reputable investment manager like William Blair Investment Management, LLC, can signal institutional confidence in Fox Factory Holding Corp.'s long-term prospects.
- The filing explicitly states that the shares were acquired and are held in the ordinary course of business, indicating a passive investment intent rather than an attempt to influence or change control of the company.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a routine disclosure of institutional ownership and does not provide specific industry context or trends. It indicates a significant investment by a major asset manager in the recreational vehicle and performance product sector, where Fox Factory Holding Corp. operates.
Stakeholder Impact
- Shareholders: May view the significant institutional ownership as a positive signal, potentially increasing investor confidence and attracting further institutional interest.
- Company Management: Awareness of a large, passive institutional holder may influence strategic decisions, though the filing explicitly states no intent to control.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement (reporting date for ownership). |
| 05/09/2025 | Date of filing/signature of the Schedule 13G Amendment No. 2. |
Keywords
Fox Factory Holding Corp, William Blair Investment Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Management
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