SCHEDULE 13G/A: Investment Firms Disclose Significant Stakes in Holley Inc. Common Stock

Kayne Anderson Rudnick Investment Management and its affiliates have disclosed beneficial ownership of 7.11% of Holley Inc.'s common stock as of December 31, 2024.

Summary

• Kayne Anderson Rudnick Investment Management, LLC, along with its affiliates Virtus Investment Advisers, LLC and Virtus Equity Trust on behalf of Virtus KAR Small Cap Growth Fund, filed an Amendment No. 4 to Schedule 13G.
• As of December 31, 2024, Kayne Anderson Rudnick Investment Management, LLC beneficially owned an aggregate of 8,522,560 shares of Holley Inc. Common Stock, representing 7.11% of the class.
• Kayne Anderson Rudnick's beneficial ownership includes 2,397,604 shares with sole voting power and 5,953,256 shares with shared voting power, as well as 2,569,304 shares with sole dispositive power and 5,953,256 shares with shared dispositive power.
• Virtus Investment Advisers, LLC reported beneficial ownership of 5,950,791 shares, representing 4.97% of the class, all with shared voting and dispositive power. These shares are also included in Kayne Anderson Rudnick's reported amounts.
• Virtus Equity Trust on behalf of Virtus KAR Small Cap Growth Fund reported beneficial ownership of 5,745,070 shares, representing 4.8% of the class, all with shared voting and dispositive power. These shares are included in Virtus Investment Advisers' reported amounts.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Holley Inc.

Sentiment

Score: 5

Explanation: A Schedule 13G is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment about the company's performance or future prospects. It primarily provides transparency regarding institutional holdings.

Positives

• Increased transparency regarding significant institutional ownership in Holley Inc.
• The filing by Kayne Anderson Rudnick and its affiliates indicates continued institutional interest and confidence in Holley Inc.

Future Outlook

NA

Industry Context

This Schedule 13G filing provides transparency into the institutional ownership structure of Holley Inc., a common practice for publicly traded companies. The disclosure of significant stakes by investment management firms like Kayne Anderson Rudnick and Virtus Investment Advisers reflects their portfolio allocation decisions within the broader investment landscape, particularly within the small-cap growth segment as indicated by the Virtus KAR Small Cap Growth Fund.

Stakeholder Impact

• Shareholders gain transparency regarding significant institutional holdings, which can influence market perception and liquidity.
• The disclosure of a substantial stake by investment firms may signal confidence to other potential investors.

Key Dates

Keywords

Holley Inc., Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, Kayne Anderson Rudnick Investment Management, Virtus Investment Advisers, Virtus KAR Small Cap Growth Fund, SEC Filing, Investment Management