SCHEDULE: Donald Smith & Co. Discloses 5.56% Stake in Universal Insurance

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have disclosed a combined beneficial ownership of 5.56% in Universal Insurance Holdings, Inc. common stock.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. collectively reported beneficial ownership of 1,564,468 shares of Universal Insurance Holdings, Inc. common stock.
• This aggregate amount represents 5.56% of the issuer's common stock class.
• Donald Smith & Co., Inc. holds sole voting power over 1,439,765 shares and sole dispositive power over 1,549,505 shares.
• DSCO Value Fund, L.P. holds sole voting power over 14,963 shares and sole dispositive power over 14,963 shares.
• Donald Smith & Co., Inc. is classified as an Investment Adviser (IA), and DSCO Value Fund, L.P. is classified as a Partnership (PN).
• 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: 6

Explanation: The filing indicates a significant passive investment by a reputable investment advisor, suggesting confidence in the issuer, though it provides no operational or financial updates.

Positives

• The disclosure of a significant 5.56% stake by Donald Smith & Co., Inc., a recognized investment adviser, may signal institutional confidence or interest in Universal Insurance Holdings, Inc.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.

Management Comments

• Richard L. Greenberg, CEO and Co-CIO of Donald Smith & Co., Inc. and DSCO Value Fund, L.P., certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a standard disclosure of beneficial ownership and does not provide specific insights into broader industry trends or competitive landscape beyond the fact of an investment firm's stake in an insurance holding company.

Stakeholder Impact

• Shareholders may view the disclosure of a significant institutional stake as a positive signal of investor interest and potential validation of the company's value.

Key Dates

Recommendation

The filing indicates a significant passive stake by a notable investment firm, which could be seen as a vote of confidence. However, as a Schedule 13G, it provides no operational or financial performance data to warrant a stronger recommendation. Investors should monitor future filings and company performance.

Keywords

Universal Insurance Holdings, Donald Smith & Co., DSCO Value Fund, Beneficial Ownership, Schedule 13G, Investment Adviser, Common Stock, UIH