SCHEDULE 13G: Donald Smith & Co. Discloses 5.23% Stake in Motorcar Parts of America Inc.

Donald Smith & Co., Inc., along with DSCO Value Fund, L.P. and John Piermont, has disclosed a combined beneficial ownership of 5.23% of the common stock of Motorcar Parts of America Inc. as of March 31, 2025.

Summary

• Donald Smith & Co., Inc., DSCO Value Fund, L.P., and John Piermont collectively reported beneficial ownership of 1,024,058 shares of Motorcar Parts of America Inc. common stock.
• This aggregate ownership represents 5.23% of the outstanding common stock of Motorcar Parts of America Inc.
• Donald Smith & Co., Inc. holds sole voting power over 946,057 shares and sole dispositive power over 1,014,507 shares.
• DSCO Value Fund, L.P. holds sole voting power and sole dispositive power over 9,051 shares.
• John Piermont holds sole voting power and sole dispositive power over 500 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
• Donald Smith & Co., Inc. serves as an investment adviser, and the ultimate power to direct the receipt of dividends and proceeds from sales is vested in their institutional clients, with no single client owning more than 5% of the class.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or prospects. It is neutral in tone and content.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This Schedule 13G filing indicates a significant passive investment by an investment advisory firm and related entities in Motorcar Parts of America Inc., a company operating in the automotive parts industry. Such filings are standard disclosures for institutional investors crossing the 5% ownership threshold, providing transparency on major shareholder positions within the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, which can influence market perception and trading activity.
• Management: Informs management of a new or updated significant ownership position, though the filing explicitly states the stake is not for control purposes.

Key Dates

Keywords

Motorcar Parts of America Inc., Donald Smith & Co., DSCO Value Fund, John Piermont, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Institutional Investor