SCHEDULE 13G: American Century Entities Disclose 5.7% Stake in Spectrum Brands Holdings
Beneficial Ownership Report
American Century Investment Management, American Century Companies, and Stowers Institute for Medical Research have jointly reported a 5.7% beneficial ownership stake in Spectrum Brands Holdings, Inc. as of March 31, 2025.
Summary
- American Century Investment Management, Inc., American Century Companies, Inc., and Stowers Institute for Medical Research have filed a Schedule 13G, reporting their beneficial ownership in Spectrum Brands Holdings, Inc.
- As of March 31, 2025, the aggregate amount beneficially owned by these reporting persons is 1,489,976 shares of Spectrum Brands Holdings, Inc. Common Stock.
- This ownership represents 5.7% of the class of securities.
- American Century Investment Management, Inc. holds sole voting power over 1,442,395 shares and sole dispositive power over 1,489,976 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements that would influence sentiment.
Future Outlook
NA
Industry Context
This filing is a standard disclosure by institutional investors when their beneficial ownership in a public company crosses a certain threshold (typically 5%). It indicates a significant, but passive, investment by American Century entities in Spectrum Brands Holdings, Inc., aligning with typical asset management strategies rather than activist intentions.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, potentially signaling confidence from a major investment firm.
- Management: Informs management of a substantial, passive stake held by American Century entities, which are not seeking to influence control.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement (beneficial ownership threshold met). |
| 05/15/2025 | Date of signing and filing of the Schedule 13G statement. |
Keywords
Spectrum Brands Holdings, American Century Investment Management, American Century Companies, Stowers Institute for Medical Research, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Investment Management, Institutional Investor
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.