SCHEDULE 13G/A: Managed Account Advisors Amends Disclosure of 5.2% Stake in Montrose Environmental Group

Managed Account Advisors, LLC has filed an amended Schedule 13G, disclosing a 5.2% beneficial ownership stake in Montrose Environmental Group, Inc. as of December 31, 2024.

Summary

• Managed Account Advisors, LLC reported beneficial ownership of 1,792,880 shares of Montrose Environmental Group, Inc. common stock.
• This stake represents 5.2% of the total outstanding common stock of Montrose Environmental Group, Inc.
• The filing is an Amendment No. 1 to a Schedule 13G, which was originally filed on February 13, 2025, and serves to correct previously omitted selections and information.
• Managed Account Advisors, LLC holds sole dispositive power over 985,863 shares and shared dispositive power over 807,017 shares.
• The reporting person, Managed Account Advisors, LLC, holds no sole or shared voting power over these shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership and does not contain information that would typically influence sentiment positively or negatively.

Industry Context

This filing is a standard disclosure of institutional ownership, providing transparency into significant holdings in Montrose Environmental Group, Inc., a company operating in the environmental services sector. It does not provide broader industry trends or specific competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holding in the company's common stock.

Key Dates

Keywords

Montrose Environmental Group, Managed Account Advisors, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Environmental Services