SCHEDULE: Victory Capital Reports 0.2% Stake in Scansource

Victory Capital Management, Inc. has filed an amended Schedule 13G, disclosing a 0.2% beneficial ownership stake in Scansource, Inc. as of September 30, 2024.

Summary

• Victory Capital Management, Inc. reported beneficial ownership of 48,480 shares of Scansource, Inc. common stock.
• This ownership represents 0.2% of Scansource, Inc.'s outstanding common stock.
• The filing is an Amendment No. 5 to a Schedule 13G, indicating an update to a previously reported stake.
• Victory Capital Management, Inc. holds sole voting power over 31,380 shares and sole dispositive power over all 48,480 shares.
• 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: This is a routine beneficial ownership report (Schedule 13G) indicating a passive investment. It does not contain information that would typically sway sentiment positively or negatively.

Industry Context

Schedule 13G filings are routine disclosures by institutional investors holding less than 5% of a company's stock, indicating a passive investment intent. This filing reflects a standard portfolio position by an investment adviser and does not suggest any strategic or activist involvement.

Stakeholder Impact

• Minimal impact on shareholders as this represents a passive, non-controlling stake of 0.2% by an institutional investor.

Key Dates

Keywords

Scansource, Victory Capital Management, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Investment Management