SCHEDULE 13G/A: Equinox Partners Investment Management and Sean M. Fieler Disclose 10.2% Stake in Gran Tierra Energy
Beneficial Ownership Disclosure
Equinox Partners Investment Management LLC and its managing member, Sean M. Fieler, have disclosed a combined beneficial ownership of 10.2% of Gran Tierra Energy Inc.'s common shares, totaling 3,716,114 shares.
Summary
- Equinox Partners Investment Management LLC (EPIM) and Sean M. Fieler, its managing member, have reported beneficial ownership of 3,716,114 common shares of Gran Tierra Energy Inc.
- This collective ownership represents approximately 10.2% of Gran Tierra Energy Inc.'s outstanding common shares, based on 36,460,141 shares outstanding as of November 6, 2024.
- The shares are held across various client accounts and private investment funds advised by EPIM, including Equinox Partners, L.P. (1,736,061 shares or 4.8%), Kuroto Fund LP (538,700 shares or 1.5%), and Mason Hill Partners, LP (141,921 shares or 0.4%).
- The filing indicates a passive investment purpose, stating the securities were not acquired to change or influence control of the issuer, except for activities related to nominations under Rule 14a-11.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain qualitative statements that would indicate a positive or negative sentiment regarding the company's performance or prospects.
Positives
- A significant beneficial ownership stake of 10.2% in Gran Tierra Energy Inc. has been disclosed by Equinox Partners Investment Management LLC and its affiliates, potentially signaling investor confidence in the company.
Future Outlook
NA
Industry Context
This filing indicates a significant institutional investment in Gran Tierra Energy Inc., an oil and gas exploration and production company. Such disclosures are common in the energy sector as institutional investors adjust their positions based on market conditions, company performance, and strategic outlooks. The passive nature of this filing suggests a long-term investment rather than an activist stance.
Stakeholder Impact
- Shareholders: The disclosure of a significant 10.2% stake by a prominent investment firm could be perceived as a vote of confidence, potentially influencing other investors' perceptions of the company's value.
- Company Management: Awareness of a large, passive institutional holder may influence strategic decisions, though the filing explicitly states no intent to change or influence control.
Key Dates
| Date | Description |
|---|---|
| 2024-11-06 | Date as of which Gran Tierra Energy Inc. reported 36,460,141 common shares outstanding to the reporting persons. |
| 2025-01-24 | Date of event which requires the filing of this statement (crossing the 5% beneficial ownership threshold or other triggering event for 13G filing). |
| 2025-01-28 | Date the Schedule 13G Amendment No. 2 was signed and filed. |
Keywords
Gran Tierra Energy Inc., Equinox Partners Investment Management LLC, Sean M. Fieler, Schedule 13G, beneficial ownership, common shares, investment advisor, SEC filing, passive investment, institutional ownership, energy sector
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