SCHEDULE: Winmark Corp. Stakeholders Report 13G Filing

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly report a 5.32% stake in Winmark Corporation as of June 30, 2026.

Summary

• First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly filed a Schedule 13G, indicating beneficial ownership of 190,157 shares of Winmark Corporation common stock.
• This ownership represents 5.32% of the class of securities.
• The filing date for this event is June 30, 2026.
• The Charger Corporation acts as the General Partner for both First Trust Portfolios L.P. and First Trust Advisors L.P.
• First Trust Portfolios L.P. sponsors unit investment trusts that hold Winmark Corporation shares, with no single trust holding more than 3% of any issuer's shares.
• First Trust Advisors L.P. supervises these unit investment trusts.
• None of the reporting entities have the power to vote the shares held by these trusts; voting is managed by the trustee to align with other shareholders.
• The reporting entities disclaim beneficial ownership of the shares identified in the filing.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing ownership stakes and does not contain new strategic information or performance data.

Positives

• Joint filing indicates coordinated investment strategy among related entities.
• The reporting entities collectively hold a significant stake (5.32%) in Winmark Corporation.

Negatives

• The reporting entities disclaim beneficial ownership, suggesting a passive or custodial role rather than active control.
• Voting power for shares held in unit investment trusts rests with the trustee, not the reporting entities.

Risks

• Potential for future changes in investment strategy by the reporting entities, which could impact Winmark Corporation's stock.
• The disclaimer of beneficial ownership may indicate a complex ownership structure that could be subject to regulatory scrutiny or change.

Future Outlook

The filing does not contain forward-looking statements or specific guidance regarding future performance or strategy.

Management Comments

• Each of First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation disclaims beneficial ownership of the shares of the issuer identified in this filing.
• The reporting entities certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment stakes by institutional investors. The joint filing by entities under The Charger Corporation suggests a coordinated approach to managing a portfolio of investments, common among asset managers and their affiliated funds.

Related Party Transactions

• The Charger Corporation is the General Partner of First Trust Portfolios L.P. and First Trust Advisors L.P.
• First Trust Portfolios L.P. sponsors unit investment trusts, and First Trust Advisors L.P. acts as a portfolio supervisor for these trusts.

Stakeholder Impact

• Shareholders of Winmark Corporation may see increased institutional ownership, potentially influencing stock liquidity and trading dynamics.
• The passive nature of the investment, as indicated by the disclaimer of beneficial ownership and voting control, suggests minimal immediate impact on corporate strategy or governance from these holders.

Next Steps

• The reporting entities will continue to hold their stake in Winmark Corporation.
• Amendments to this filing will be made if there are material changes in beneficial ownership.

Key Dates

Keywords

Winmark Corporation, Schedule 13G, Beneficial Ownership, First Trust Portfolios, First Trust Advisors, The Charger Corporation, Investment Trusts, Common Stock