SCHEDULE: Donald Smith & Co. Discloses M/I Homes Stake

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported beneficial ownership of 5.8% of M/I Homes, Inc. common stock as of March 31, 2026.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have filed a Schedule 13G, indicating their beneficial ownership of M/I Homes, Inc. common stock.
• As of March 31, 2026, the total aggregate amount beneficially owned by these entities is 1,490,038 shares.
• This represents 5.8% of the class of securities outstanding.
• Donald Smith & Co., Inc. holds sole voting power over 1,446,444 shares and sole dispositive power over 1,476,144 shares.
• DSCO Value Fund, L.P. holds sole voting power over 13,894 shares and sole dispositive power over 13,894 shares.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing beneficial ownership and does not contain new operational or financial performance data.

Positives

• Significant beneficial ownership reported by Donald Smith & Co., Inc. and DSCO Value Fund, L.P., indicating investor confidence.
• The filing confirms that the shares were acquired and are held in the ordinary course of business, suggesting a passive investment strategy rather than an attempt to gain control.

Risks

• The filing does not explicitly detail any risks associated with the investment or the company's operations.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future performance.

Management Comments

• Donald Smith & Co., Inc. certifies that the securities 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.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors who acquire a significant stake in a company but do not intend to take control. This filing indicates Donald Smith & Co., Inc. and DSCO Value Fund, L.P. are substantial passive investors in the homebuilding sector, represented by M/I Homes, Inc.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding significant passive ownership, which can be viewed positively by the market as it indicates institutional interest without immediate control concerns.

Next Steps

• Continued monitoring of M/I Homes, Inc. for any changes in ownership or strategic direction by Donald Smith & Co., Inc. and DSCO Value Fund, L.P.

Key Dates

Keywords

M/I Homes, Schedule 13G, Donald Smith & Co., Inc., DSCO Value Fund, L.P., Beneficial Ownership, SEC Filing, Common Stock, Investment