SCHEDULE: Donald Smith & Co. Reports 6.3% Stake in Genworth Financial

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have disclosed a combined beneficial ownership of 6.3% of Genworth Financial Inc.'s common stock.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. reported a combined beneficial ownership of 26,198,280 shares of Genworth Financial Inc. common stock.
• This represents 6.3% of the total outstanding common stock of Genworth Financial Inc.
• Donald Smith & Co., Inc. holds sole voting power over 25,454,680 shares and sole dispositive power over 25,952,450 shares.
• DSCO Value Fund, L.P. holds sole voting power over 245,830 shares and sole dispositive power over 245,830 shares.
• The filing indicates the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It simply indicates a significant investment by a reporting entity.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

This filing indicates a significant institutional investment in Genworth Financial, which operates in the financial services and insurance sectors. Such filings provide transparency on major shareholder positions but do not offer broader industry analysis.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Informs existing shareholders of a significant new or updated institutional ownership stake, potentially influencing market perception.
• Provides transparency to regulatory bodies regarding large shareholdings.

Key Dates

Keywords

Genworth Financial, Donald Smith & Co., DSCO Value Fund, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Institutional Investor