SCHEDULE 13G: Locust Wood Entities Disclose 6.4% Passive Stake in Resolute Holdings Management, Inc.
Beneficial Ownership Report
A group of investment entities led by Locust Wood Capital Advisers, LLC, and Stephen Errico, have reported a collective 6.4% beneficial ownership stake in Resolute Holdings Management, Inc., held for passive investment purposes.
Summary
- Locust Wood Capital Advisers, LLC, along with affiliated entities Locust Wood Capital, LP, Locust Wood Ultra Fund, LP, LWCA Partners LP, LWCA Partners GP LLC, and Stephen Errico (collectively, the "Reporting Persons"), have filed a Schedule 13G.
- The filing reports beneficial ownership of 547,128 shares of Common Stock in Resolute Holdings Management, Inc.
- This aggregate ownership represents approximately 6.4% of the outstanding Common Stock of Resolute Holdings Management, Inc., based on 8,525,998 shares outstanding as of March 25, 2025.
- The Reporting Persons hold shared voting power over 396,794 shares and shared dispositive power over 547,128 shares.
- The shares were acquired and are held for investment purposes and not with the intent of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a routine Schedule 13G filing reporting a passive beneficial ownership stake, containing factual information without expressing positive or negative sentiment regarding the issuer's performance or prospects.
Positives
- The filing indicates that a significant institutional investor group has taken a passive stake in Resolute Holdings Management, Inc., which can be viewed as a vote of confidence.
- The Reporting Persons explicitly state that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, suggesting stability in corporate governance.
Future Outlook
The document, a Schedule 13G filing, does not provide any forward-looking statements or guidance regarding the issuer's future performance or outlook.
Management Comments
- The Reporting Persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities, and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
This filing is a routine disclosure of a significant passive ownership stake by an investment group in a publicly traded company. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The disclosure of a significant passive stake by an institutional investor provides transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of event which requires the filing of this statement. |
| 03/25/2025 | Date as of which the total shares outstanding (8,525,998) were reported in the Issuer's Annual Report on Form 10-K. |
| 03/31/2025 | Date the Issuer's Annual Report on Form 10-K was filed with the SEC. |
| 04/03/2025 | Date as of which the beneficial ownership was calculated and the filing was signed. |
Keywords
Resolute Holdings Management, Common Stock, Schedule 13G, Beneficial Ownership, Locust Wood Capital Advisers, Stephen Errico, Investment, Passive Stake
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