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 reported beneficial ownership of 1,530,748 shares of Helios Technologies, Inc. Common Stock.
• This ownership represents 4.6% of the total class of securities outstanding as of December 31, 2024.
• The filing is an Amendment No. 20 to Schedule 13G, indicating an update to a previously reported beneficial ownership position.
• Brown Capital Management, LLC holds sole voting power over 829,747 shares and sole dispositive power over 1,530,748 shares.
• The filing confirms that Brown Capital Management, LLC is an investment adviser and holds these securities in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment.

Future Outlook

NA

Industry Context

This filing provides transparency regarding institutional ownership in Helios Technologies, Inc., a standard disclosure for publicly traded companies. It reflects a passive investment position by Brown Capital Management, LLC.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings and changes in beneficial ownership, which can influence market perception and trading decisions.

Key Dates

Keywords

Helios Technologies, Brown Capital Management, SEC filing, Schedule 13G, beneficial ownership, common stock, investment adviser, institutional ownership