SCHEDULE 13G/A: Brown Capital Management Discloses 4.6% Stake in Helios Technologies, Inc.

Brown Capital Management, LLC has filed an amended Schedule 13G, reporting a 4.6% beneficial ownership stake in Helios Technologies, Inc. as of December 31, 2024.

Summary

• Brown Capital Management, LLC, an investment adviser based in Baltimore, Maryland, has filed an Amendment No. 21 to its Schedule 13G regarding its holdings in Helios Technologies, Inc.
• As of December 31, 2024, Brown Capital Management beneficially owned 1,530,748 shares of Helios Technologies, Inc. Common Stock.
• This ownership represents 4.6% of the total class of securities outstanding.
• The firm holds sole voting power over 829,747 shares and sole dispositive power over all 1,530,748 shares.
• The filing explicitly states that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that inherently indicates positive or negative sentiment for the issuer. It explicitly states the investment is passive.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a routine disclosure by an institutional investment adviser, indicating its passive ownership stake in a publicly traded company. It does not provide specific insights into broader industry trends but reflects an investment firm's portfolio allocation within the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming a passive investment approach.

Key Dates

Keywords

Helios Technologies, Brown Capital Management, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, SEC Filing, Equity Stake