SCHEDULE: American Century Discloses 4.8% Stake in MSC Industrial

American Century Investment Management and affiliates reported a 4.8% beneficial ownership stake in MSC Industrial Direct Co., Inc. Class A Common Stock.

Summary

• American Century Investment Management, Inc., American Century Companies, Inc., and Stowers Institute for Medical Research collectively reported beneficial ownership of 2,688,133 shares of MSC Industrial Direct Co., Inc. Class A Common Stock.
• This ownership represents 4.8% of the Class A Common Stock outstanding.
• The reporting persons hold sole voting power over 2,586,182 shares and sole dispositive power over 2,688,133 shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a passive investment position.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of beneficial ownership by a passive investor, providing factual information without expressing sentiment on the issuer's performance or prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which can influence market perception and liquidity.
• Investment Community: Offers insight into the investment strategies of American Century Investment Management and its affiliates.

Key Dates

Keywords

MSC Industrial Direct, Class A Common Stock, American Century Investment Management, Institutional Ownership, Schedule 13G, Beneficial Ownership, Investment Management, Stowers Institute for Medical Research