There were 30 notable investor filings today. Sensata Technologies Holding N.V. (NYSE:ST) is the largest company of interest.
Generation Investment Management Llp has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 8,611,087 shares of Sensata Techologies Holdings NV (NYSE:ST). This represents 5.0 percent ownership of the company. Sensata Techologies Holdings NV has declared a standard industrial code (sic) of 3823 which is the “Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products” 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 Activist Investor Filings
Investors that acquire more than 5% of the shares of a company and intend to influence management are considered activist investors and must file a 13D.
CASI Pharmaceuticals, Inc. (CASI) – He Wei-wu has filed a new SC 13D, reporting a 9.10% ownership stake in CASI Pharmaceuticals.
Harte-Hanks, Inc. (HHS) – Fondren Management LP has filed a new SC 13D, reporting a 5.90% ownership stake in Harte-Hanks.
Capnia, Inc. (CAPN) – Jack W. Schuler Living Trust has filed a new SC 13D, reporting a 13.40% ownership stake in Capnia.
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.
HopFed Bancorp, Inc. (HFBC) – Gendell Jeffrey L Et Al has filed a new SC 13G, reporting a 5.59% ownership stake in HopFed Bancorp.
ReShape Lifesciences Inc. (RSLS) – Endeavour Medtech Growth L.p. has filed a new SC 13G, reporting a 10.80% ownership stake in ReShape Lifesciences.
Kala Pharmaceuticals, Inc. (KALA) – Orbimed Advisors Llc has filed a new SC 13G, reporting a 10.98% ownership stake in Kala Pharmaceuticals.
WVS Financial Corp. (WVFC) – Gendell Jeffrey L Et Al has filed a new SC 13G, reporting a 5.33% ownership stake in WVS Financial.
LeMaitre Vascular, Inc. (LMAT) – Conestoga Capital Advisors, LLC has filed a new SC 13G, reporting a 6.89% ownership stake in LeMaitre Vascular.
Global Self Storage, Inc. (SELF) – Financial & Investment Management Group Ltd has filed a new SC 13G, reporting a 7.85% ownership stake in Global Self Storage. This is a decrease of 16.13% from their previous filing.
U.S. Global Investors, Inc. (GROW) – Financial & Investment Management Group Ltd has filed a new SC 13G, reporting a 5.76% ownership stake in U.S. Global Investors. This is a decrease of 47.54% from their previous filing.
Global Water Resources, Inc. (GWRS) – Cohn Andrew M. has filed a new SC 13G, reporting a 8.90% ownership stake in Global Water Resources. This is an increase of 15.58% from their previous filing.
Sensata Techologies Holdings NV (ST) – Generation Investment Management Llp has filed a new SC 13G, reporting a 5.00% ownership stake in Sensata Techologies Holdings.
Inpixon (INPX) – Empery Asset Management, LP has filed a new SC 13G, reporting a 6.03% ownership stake in Inpixon.
Amended Activist Investor Filings
CVR Partners, LP (UAN) – Blackstone Holdings I L.P. has filed an amended Schedule 13D/A, reporting a 5.50% ownership stake in CVR Partners. This is a decrease of 20.29% from their previous filing.
Tabula Rasa HealthCare, Inc. (TRHC) – Knowlton Calvin H has filed an amended Schedule 13D/A, reporting a 5.30% ownership stake in Tabula Rasa HealthCare. This is a decrease of 14.52% from their previous filing.
TerraForm Global, Inc. (GLBL) – Knighthead Capital Management, LLC has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in TerraForm Global. This is a decrease of 100.00% from their previous filing.
Cleantech Solutions International, Inc. (CLNT) – Eos Holdings Llc has filed an amended Schedule 13D/A, reporting a 4.75% ownership stake in Cleantech Solutions International. This is a decrease of 49.36% from their previous filing.
Imax Corp. (IMAX) – Douglas Kevin has filed an amended Schedule 13D/A, reporting a 13.60% ownership stake in Imax. This is an increase of 3.03% from their previous filing.
Amended Passive Investor Filings
Superconductor Technologies, Inc. (SCON) – Kopp Family Office, LLC has filed an amended Schedule 13D/A, reporting a 16.30% ownership stake in Superconductor Technologies. This is an increase of 10.88% from their previous filing.
Oclaro, Inc (OCLR) – Kopp Family Office, LLC has filed an amended Schedule 13D/A, reporting a 6.30% ownership stake in Oclaro. This is an increase of 21.15% from their previous filing.
Midstates Petroleum Company, Inc. (MPO) – Centerbridge Credit Partners Master Aiv Iv, L.p. has filed an amended Schedule 13D/A, reporting a 10.70% ownership stake in Midstates Petroleum.
Semgroup Corp. (SEMG) – Chickasaw Capital Management Llc has filed an amended Schedule 13D/A, reporting a 10.20% ownership stake in Semgroup. This is an increase of 13.33% from their previous filing.
WSI Industries, Inc. (WSCI) – Abrahamson Peter John has filed an amended Schedule 13D/A, reporting an updated ownership stake in WSI Industries.
HealthStream, Inc. (HSTM) – Conestoga Capital Advisors, LLC has filed an amended Schedule 13D/A, reporting a 5.50% ownership stake in HealthStream.
Cempra, Inc. (CEMP) – BlackRock Inc. has filed an amended Schedule 13D/A, reporting a 2.70% ownership stake in Cempra.
ADDvantage Technologies Group, Inc. (AEY) – Satterfield Thomas A Jr has filed an amended Schedule 13D/A, reporting a 9.30% ownership stake in ADDvantage Technologies Group. This is an increase of 1.09% from their previous filing.
Pain Therapeutics, Inc. (PTIE) – Satterfield Thomas A Jr has filed an amended Schedule 13D/A, reporting a 8.30% ownership stake in Pain Therapeutics. This is an increase of 59.62% from their previous filing.
inTEST Corp. (INTT) – Satterfield Thomas A Jr has filed an amended Schedule 13D/A, reporting a 7.60% ownership stake in inTEST. This is a decrease of 41.98% from their previous filing.
Ark Restaurants Corp. (ARKR) – Satterfield Thomas A Jr has filed an amended Schedule 13D/A, reporting a 6.90% ownership stake in Ark Restaurants. This is an increase of 30.19% from their previous filing.
Smith Micro Software, Inc. (SMSI) – Satterfield Thomas A Jr has filed an amended Schedule 13D/A, reporting a 8.50% ownership stake in Smith Micro Software. This is an increase of 2.41% 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.
