SCHEDULE: LSV Asset Management Lowers ODP Corp Stake Below 5%
Beneficial Ownership Report Amendment
LSV Asset Management has reduced its beneficial ownership in ODP Corp to 4.73% of Class A Common Stock, falling below the 5% threshold.
Summary
- LSV Asset Management reported beneficial ownership of 1,423,757 shares of ODP Corp's Class A Common Stock as of June 30, 2025.
- This ownership represents 4.73% of the total Class A Common Stock outstanding.
- LSV Asset Management holds sole voting power over 808,077 shares and sole dispositive power over 1,423,757 shares.
- The filing indicates that LSV Asset Management has ceased to be the beneficial owner of more than 5% of the class of securities.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of ODP Corp.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of an institutional investor's reduced stake, not indicative of company performance or specific positive/negative operational developments.
Future Outlook
No forward-looking statements or guidance are provided in this beneficial ownership report.
Management Comments
- LSV Asset Management 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.
Industry Context
This filing reflects a change in an institutional investor's stake in ODP Corp, a company operating in the retail and business services sector, but does not provide broader industry trend analysis.
Stakeholder Impact
- Shareholders may note the reduction in institutional ownership by LSV Asset Management, which could influence market perception.
Key Dates
| Date | Description |
|---|---|
| 2025-06-30 | Date of event which requires filing of this statement. |
| 2025-08-12 | Signature date of the filing by LSV Asset Management. |
Recommendation
holdThis Schedule 13G/A filing reports a change in beneficial ownership by an institutional investor, LSV Asset Management, reducing its stake in ODP Corp below 5%. This type of filing does not provide sufficient financial or operational details about ODP Corp to warrant a definitive buy or sell recommendation. Investors should consider this ownership change in conjunction with ODP Corp's financial performance, strategic initiatives, and broader market conditions.
Keywords
ODP Corp, LSV Asset Management, Schedule 13G/A, beneficial ownership, Class A Common Stock, institutional investor, stake reduction
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