SCHEDULE: Donald Smith & Co. Discloses 5.9% Stake in Genworth

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported beneficial ownership of 5.9% of Genworth Financial Inc.'s common stock as of June 30, 2026.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have filed a Schedule 13G, indicating their beneficial ownership of Genworth Financial Inc. common stock.
• The total aggregate amount beneficially owned by these entities is 22,482,191 shares.
• This ownership represents 5.9% of the class of securities.
• The filing is dated June 30, 2026, and was signed on August 11, 2026.
• Donald Smith & Co., Inc. acts as an investment advisor for its clients' holdings.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, indicating a significant but not overwhelming stake in Genworth Financial Inc. by Donald Smith & Co., Inc. and DSCO Value Fund, L.P.

Positives

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have taken a notable position in Genworth Financial Inc., suggesting confidence in the company's value or future prospects.
• The filing clearly delineates the beneficial ownership and voting/dispositive power held by each entity.

Negatives

• The filing does not provide specific details on the investment strategy or the rationale behind acquiring this stake.
• The aggregate ownership of 5.9% is significant but does not represent a controlling interest.

Risks

• The filing does not explicitly mention any risks associated with this investment.
• Potential future changes in investment strategy by Donald Smith & Co., Inc. or DSCO Value Fund, L.P. could impact Genworth's stock.

Future Outlook

The filing is a disclosure of current ownership and does not contain forward-looking statements or guidance regarding future performance.

Management Comments

• Donald Smith & Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client’s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities.
• The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor.
• Any and all discretionary authority which has been delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time.
• To the knowledge of Donald Smith & Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith & Co., Inc., not more than 5% of the class of such securities is owned by any one client.
• With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of Genworth Financial Inc. No one person’s interest in the Common Stock of Genworth Financial Inc. is more than five percent of the total outstanding Common Stock.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in public companies. This filing indicates Donald Smith & Co., Inc. and DSCO Value Fund, L.P. are active participants in the financial markets, potentially seeking value or influence in Genworth Financial Inc.

Stakeholder Impact

• Shareholders may view the increased institutional interest as a positive sign, potentially leading to increased trading volume or price appreciation.
• Management of Genworth Financial Inc. will be aware of the significant stake held by Donald Smith & Co., Inc. and DSCO Value Fund, L.P., which could influence strategic decisions.

Next Steps

• Continued monitoring of Genworth Financial Inc.'s performance and any further filings by Donald Smith & Co., Inc. or DSCO Value Fund, L.P.

Key Dates

Keywords

Genworth Financial Inc., Schedule 13G, Beneficial Ownership, Donald Smith & Co., Inc., DSCO Value Fund, L.P., Investment Advisor, Common Stock, Securities Exchange Act