13F-HR: ORIX Corp Discloses $513.7 Million Stake in Ormat Technologies

ORIX Corp has reported a $513.7 million investment in Ormat Technologies, holding 6,676,077 shares.

Summary

• ORIX Corp filed a 13F report disclosing its holdings as of September 30, 2024.
• The filing reveals that ORIX Corp holds 6,676,077 shares of Ormat Technologies Inc.
• The total value of this holding is approximately $513,657,364.
• This report is a combination report, indicating that some holdings are reported by other managers.
• The filing was signed by Stan Koyanagi, Director & Senior Managing Executive Officer of ORIX Corp, on November 13, 2024.

Sentiment

Score: 7

Explanation: The document indicates a significant investment by a large institution, which is generally positive. However, it is a standard filing and does not contain any specific forward-looking statements or analysis.

Positives

• The filing indicates a significant investment by ORIX Corp in Ormat Technologies, demonstrating confidence in the company.
• The large value of the holding, $513.7 million, suggests a substantial commitment.

Risks

• The report is a snapshot in time and does not reflect any changes in holdings since September 30, 2024.
• The combination report nature means that the full extent of ORIX Corp's holdings may not be fully represented in this single filing.

Industry Context

This filing reflects institutional investment activity in the renewable energy sector, specifically in geothermal energy through Ormat Technologies.

Comparison to Industry Standards

• 13F filings are a standard reporting requirement for institutional investment managers managing over $100 million in assets.
• The size of ORIX Corp's investment in Ormat Technologies is significant, indicating a substantial position compared to other institutional investors in the sector.
• Other institutional investors such as Boston Partners, Robeco Institutional Asset Management B.V., Robeco Schweiz AG, and Harbor Capital Advisors, Inc. also report holdings for ORIX Corp.

Stakeholder Impact

• The disclosure of a large institutional investment may positively impact shareholder confidence in Ormat Technologies.
• The investment could potentially lead to increased stability and growth for the company.

Key Dates

Keywords

13F filing, institutional investment, ORIX Corp, Ormat Technologies, shareholding, investment