SCHEDULE 13G/A: William Blair Investment Management Discloses 7.2% Passive Stake in Fox Factory Holding Corp.
Beneficial Ownership Report
William Blair Investment Management, LLC has filed an amended Schedule 13G, reporting a 7.2% beneficial ownership stake in Fox Factory Holding Corp. as of December 31, 2024.
Summary
- William Blair Investment Management, LLC reported beneficial ownership of 2,983,482 shares of Fox Factory Holding Corp. common stock.
- This ownership represents 7.2% of the total class of securities.
- The firm holds sole voting power over 2,647,008 shares and sole dispositive power over 2,983,482 shares.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing for this stake.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing a passive beneficial ownership stake. It does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook, but rather reflects a factual investment position.
Positives
- William Blair Investment Management, LLC, a notable institutional investor, has disclosed a 7.2% beneficial ownership stake in Fox Factory Holding Corp., indicating a significant investment position.
Future Outlook
NA
Management Comments
- William Blair Investment Management, LLC certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
Industry Context
This Schedule 13G filing reflects a standard disclosure by an institutional investor, William Blair Investment Management, LLC, regarding its passive ownership stake in Fox Factory Holding Corp. Such filings are common practice for investment managers holding more than 5% of a company's shares for investment purposes, rather than for control.
Stakeholder Impact
- Shareholders: The filing provides transparency regarding a significant institutional holding, which may offer insights into institutional confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event requiring the filing of this statement. |
| 02/12/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Fox Factory Holding Corp, William Blair Investment Management, Schedule 13G, beneficial ownership, common stock, investment management, passive stake
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