There were 30 notable investor filings today. Charles Schwab Corp (NYSE:SCHW) is the largest company of interest.
Schwab Charles R has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 150,577,477 shares of Charles Schwab Corp (NYSE:SCHW). Previously, Schwab Charles R had reported owning 160,440,368 shares, indicating a decrease of -6.15 percent. Charles Schwab Corp has declared a standard industrial code (sic) of 6211 which is the “Security Brokers, Dealers, and Flotation Companies” industry.
When a person or group of persons acquires beneficial ownership of more than 5% of a company’s equity securities, they are required to file a Schedule 13D or 13G with the SEC. If these groups intend to influence management into changing the business strategy, they are considered "activist" investors. There is considerable academic research that suggest activist investors contribute to excess returns in equities in the subsequent twelve months after the event.
Investors that acquire 10% or more of a company's shares, or that gain a board seat, are considered insiders by the SEC and are subject to stricter insider trading filing requirements.
New Passive Investor Filings
Investors that acquire more than 5% of the shares of a company but have no intention of influencing management are considered passive investors and must file a 13G.
La Jolla Pharmaceutical Co. (LJPC) - Broadfin Capital, LLC has filed a new SC 13G, reporting a 5.00% ownership stake in La Jolla Pharmaceutical Co.. This is a decrease of 39.54% from their previous filing.
Cempra, Inc. (CEMP) - Medicines Co /de has filed a new SC 13G, reporting a 10.60% ownership stake in Cempra.
Collegium Pharmaceutical, Inc. (COLL) - Henderson Group Plc has filed a new SC 13G, reporting a 10.10% ownership stake in Collegium Pharmaceutical.
Spark Therapeutics, Inc. (ONCE) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 6.00% ownership stake in Spark Therapeutics.
Teladoc, Inc. (TDOC) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 7.50% ownership stake in Teladoc.
Titan Machinery, Inc. (TITN) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 5.30% ownership stake in Titan Machinery.
Wabash National Corp. (WNC) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 6.00% ownership stake in Wabash National.
WEX Inc. (WEX) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 8.60% ownership stake in WEX.
ChannelAdvisor Corporation (ECOM) - Shapiro Capital Management Llc has filed a new SC 13G, reporting a 15.22% ownership stake in ChannelAdvisor. This is an increase of 5.77% from their previous filing.
Inpixon (INPX) - Ayrton Capital LLC has filed a new SC 13G, reporting a 0.00% ownership stake in Inpixon.
Porter Bancorp, Inc. (PBIB) - Porter Jack Chester Jr. has filed a new SC 13G, reporting a 10.66% ownership stake in Porter Bancorp.
Sinclair Broadcast Group, Inc. (SBGI) - Three Bays Capital Lp has filed a new SC 13G, reporting a 5.40% ownership stake in Sinclair Broadcast Group.
Pier 1 Imports, Inc. (PIR) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 5.10% ownership stake in Pier 1 Imports.
Portland General Electric Co. (POR) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 5.10% ownership stake in Portland General Electric Co..
Premier, Inc. (PINC) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 7.20% ownership stake in Premier.
PVH Corp. (PVH) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 7.10% ownership stake in PVH.
RLJ Lodging Trust (RLJ) - JP Morgan Chase & Co has filed a new SC 13G, reporting a 8.10% ownership stake in RLJ Lodging Trust.
Amended Activist Investor Filings
Fluidigm Corp. (FLDM) - Levin Capital Strategies, L.p. has filed an amended Schedule 13D/A, reporting a 30.70% ownership stake in Fluidigm. This is an increase of 3.72% from their previous filing.
Cars.com Inc (CARS) - Starboard Value LP has filed an amended Schedule 13D/A, reporting a 7.00% ownership stake in Cars.com. This is a decrease of 29.29% from their previous filing.
Pfenex Inc. (PFNX) - Sanders Morris Harris Inc. has filed an amended Schedule 13D/A, reporting a 6.94% ownership stake in Pfenex. This is an increase of 38.80% from their previous filing.
1347 Property Insurance Holdings, Inc. (PIH) - Harbert Microcap Partners Fund, Lp has filed an amended Schedule 13D/A, reporting a 7.70% ownership stake in 1347 Property Insurance Holdings. This is an increase of 14.93% from their previous filing.
Porter Bancorp, Inc. (PBIB) - Estate Of J. Chester Porter has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Porter Bancorp.
Siebert Financial Corp. (SIEB) - Kennedy Cabot Acquisition, LLC has filed an amended Schedule 13D/A, reporting a 82.80% ownership stake in Siebert Financial. This is a decrease of 9.21% from their previous filing.
New York Times Co. (NYT) - Sulzberger Arthur Jr has filed an amended Schedule 13D/A, reporting a 4.50% ownership stake in New York Times Co..
Dynegy Inc. (DYN) - Energy Capital Partners III, LLC has filed an amended Schedule 13D/A, reporting a 9.90% ownership stake in Dynegy.
Community Health Systems, Inc. (CYH) - Shanda Media LTD has filed an amended Schedule 13D/A, reporting a 24.00% ownership stake in Community Health Systems. This is an increase of 8.60% from their previous filing.
Schwab Charles Corp (SCHW) - Schwab Charles R has filed an amended Schedule 13D/A, reporting an updated ownership stake in Schwab Charles.
Amended Passive Investor Filings
La Jolla Pharmaceutical Co. (LJPC) - Broadfin Capital, LLC has filed an amended Schedule 13D/A, reporting a 4.65% ownership stake in La Jolla Pharmaceutical Co.. This is a decrease of 43.77% from their previous filing.
MINDBODY, Inc. (MB) - J.P. Morgan Investment Management Inc. has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in MINDBODY.
Aspen Group Inc. (ASPU) - Alvin Fund, LLC has filed an amended Schedule 13D/A, reporting a 5.51% ownership stake in Aspen Group. This is a decrease of 27.86% from their previous filing.
Fintel provides free investor tools for data driven investors. See all new activist filings at Fintel.io/activists and new 13F filings at Fintel.io/latest-13f-filings.
