There were 30 notable investor filings today. Tandem Diabetes Care (TNDM) is the most notable.
Empery Asset Management, LP has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 570,000 shares of Tandem Diabetes Care, Inc. (NASDAQ:TNDM). This represents 4.99 percent ownership of the company. Previously, Empery Asset Management, LP had reported owning 570,000 shares, indicating a decrease of 0.00 percent. Tandem Diabetes Care, Inc. has declared a standard industrial code (sic) of 3841 which is the “Surgical and Medical Instruments and Apparatus” 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.
Cherokee, Inc. (CHKE) – Ravich Jess M has filed a new SC 13D, reporting a 9.00% ownership stake in Cherokee.
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.
Inotek Pharmaceuticals Corporation (ITEK) – Boxer Capital, LLC has filed a new SC 13G, reporting a 5.30% ownership stake in Inotek Pharmaceuticals.
Apollo Global Management LLC (APO) – Morgan Stanley has filed a new SC 13G, reporting a 5.00% ownership stake in Apollo Global Management.
Union Bankshares Corp (UBSH) – Carlyle Group L.P. has filed a new SC 13G, reporting a 6.00% ownership stake in Union Bankshares.
NetScout Systems, Inc. (NTCT) – Turtle Creek Equity Fund has filed a new SC 13G, reporting a 5.61% ownership stake in NetScout Systems.
Supervalu, Inc. (SVU) – BlackRock Inc. has filed a new SC 13G, reporting a 12.70% ownership stake in Supervalu. This is a decrease of 16.45% from their previous filing.
Sleep Number Corporation (SNBR) – BlackRock Inc. has filed a new SC 13G, reporting a 12.60% ownership stake in Sleep Number. This is an increase of 8.62% from their previous filing.
Williams-Sonoma, Inc. (WSM) – BlackRock Inc. has filed a new SC 13G, reporting a 11.10% ownership stake in Williams-Sonoma. This is an increase of 11.00% from their previous filing.
Axon Enterprise Inc (AAXN) – BlackRock Inc. has filed a new SC 13G, reporting a 16.10% ownership stake in Axon Enterprise. This is an increase of 25.78% from their previous filing.
Healthways, Inc. (HWAY) – BlackRock Inc. has filed a new SC 13G, reporting a 11.70% ownership stake in Healthways.
Merit Medical Systems, Inc. (MMSI) – BlackRock Inc. has filed a new SC 13G, reporting a 12.30% ownership stake in Merit Medical Systems. This is a decrease of 12.77% from their previous filing.
BancorpSouth, Inc. (BXS) – BlackRock Inc. has filed a new SC 13G, reporting a 10.20% ownership stake in BancorpSouth. This is an increase of 0.99% from their previous filing.
Synergy Resources Corp. (SYRG) – BlackRock Inc. has filed a new SC 13G, reporting a 13.00% ownership stake in Synergy Resources.
CIRCOR International, Inc. (CIR) – BlackRock Inc. has filed a new SC 13G, reporting a 12.60% ownership stake in CIRCOR International. This is an increase of 11.50% from their previous filing.
Xperi Corp (XPER) – BlackRock Inc. has filed a new SC 13G, reporting a 12.30% ownership stake in Xperi. This is an increase of 6.03% from their previous filing.
Civitas Solutions Inc. (CIVI) – Stadium Capital Management Llc has filed a new SC 13G, reporting a 5.90% ownership stake in Civitas Solutions.
Albemarle Corp. (ALB) – Prudential Financial Inc has filed a new SC 13G, reporting a 7.30% ownership stake in Albemarle.
Amended Activist Investor Filings
Dicerna Pharmaceuticals, Inc. (DRNA) – RA Capital Management, LLC has filed an amended Schedule 13D/A, reporting a 8.60% ownership stake in Dicerna Pharmaceuticals. This is a decrease of 13.13% from their previous filing.
Taylor Morrison Home Corp. (TMHC) – TPG Group Holdings (SBS) Advisors, Inc. has filed an amended Schedule 13D/A, reporting a 0.00% ownership stake in Taylor Morrison Home. This is a decrease of 100.00% from their previous filing.
AquaBounty Technologies, Inc. (AQB) – Kirk Randal J has filed an amended Schedule 13D/A, reporting a 64.30% ownership stake in AquaBounty Technologies. This is a decrease of 4.74% from their previous filing.
Sit Rising Rate ETF (RISE) – Sit Investment Associates Inc has filed an amended Schedule 13D/A, reporting a 94.98% ownership stake in Sit Rising Rate ETF. This is an increase of 7.26% from their previous filing.
Inotek Pharmaceuticals Corporation (ITEK) – Adage Capital Partners GP LLC has filed an amended Schedule 13D/A, reporting a 1.51% ownership stake in Inotek Pharmaceuticals. This is a decrease of 78.08% from their previous filing.
Constellation Brands, Inc. (STZ) – Sands Richard Et Al has filed an amended Schedule 13D/A, reporting an updated ownership stake in Constellation Brands.
Limbach Holdings, Inc. (LMB) – 1347 Investors LLC has filed an amended Schedule 13D/A, reporting a 37.30% ownership stake in Limbach Holdings. This is a decrease of 9.69% from their previous filing.
Amended Passive Investor Filings
DCP Midstream Partners, LP (DPM) – Goldman Sachs Asset Management, L.p. has filed an amended Schedule 13D/A, reporting a 4.00% ownership stake in DCP Midstream Partners. This is a decrease of 25.93% from their previous filing.
QEP Resources, Inc. (QEP) – Integrated Core Strategies (us) Llc has filed an amended Schedule 13D/A, reporting a 1.90% ownership stake in QEP Resources. This is a decrease of 62.75% from their previous filing.
EVINE Live Inc. (EVLV) – Juna Equity Partners, LP has filed an amended Schedule 13D/A, reporting a 4.90% ownership stake in EVINE Live. This is a decrease of 10.91% from their previous filing.
Ooma Inc. (OOMA) – Worldview Technology Partners Iv Lp has filed an amended Schedule 13D/A, reporting a 0.39% ownership stake in Ooma. This is a decrease of 97.99% from their previous filing.
Endocyte, Inc. (ECYT) – Pension Fund of the Christian Church (Disciples of Christ) Inc has filed an amended Schedule 13D/A, reporting a 5.80% ownership stake in Endocyte. This is a decrease of 28.40% from their previous filing.
Tandem Diabetes Care, Inc. (TNDM) – Empery Asset Management, LP has filed an amended Schedule 13D/A, reporting a 4.99% ownership stake in Tandem Diabetes Care. This is a decrease of 11.37% 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.
