13F-HR: ORIX Corp Discloses $478.7 Million Stake in Ormat Technologies
13F Filing
ORIX Corp's latest 13F filing reveals a significant investment in Ormat Technologies, showcasing its holdings as of June 30, 2024.
Summary
- ORIX Corp filed its Form 13F report with the SEC on August 13, 2024.
- The report indicates that ORIX Corp holds 6,676,077 shares of Ormat Technologies Inc. as of June 30, 2024.
- The total value of ORIX Corp's holdings in Ormat Technologies is approximately $478,674,721.
- The filing indicates sole voting authority over the shares.
Sentiment
Score: 6
Explanation: The document is a standard 13F filing, indicating a significant investment. The sentiment is neutral, reflecting the factual nature of the disclosure.
Positives
- The filing indicates a substantial investment by ORIX Corp in Ormat Technologies, suggesting confidence in the company's prospects.
Industry Context
Form 13F filings are required disclosures for institutional investment managers with over $100 million in assets under management, providing transparency into their investment positions. This filing indicates ORIX Corp's investment strategy and its position in Ormat Technologies within the renewable energy sector.
Stakeholder Impact
- Shareholders of Ormat Technologies may view this as a positive signal, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 06-30-2024 | Report for the Calendar Year or Quarter Ended |
| 08-13-2024 | Date of Signing of the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.