Ice Pond Lane Advisers, LLC has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,941,153 shares of Impinj, Inc. (NASDAQ:PI). This represents 9.1 percent ownership of the company. Previously, Ice Pond Lane Advisers, LLC had reported owning 779,886 shares, indicating an increase of 148.90 percent.
Zhou Xin has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 43,884,591 shares of Jupai Holdings Ltd. (NYSE:JP). This represents 22.0 percent ownership of the company. Previously, Zhou Xin had reported owning 48,752,321 shares, indicating a decrease of -9.98 percent.
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.
Cadiz, Inc. (CDZI) – Water Asset Management LLC has filed a new SC 13D, reporting a 12.80% ownership stake in Cadiz. This is a decrease of 4.19% from their previous filing.
Lazydays Holdings, Inc. (LAZY) – Coliseum Capital Management, LLC has filed a new SC 13D, reporting a 39.20% ownership stake in Lazydays Holdings.
Travelport Worldwide Ltd. (TVPT) – Elliott Associates, L.P. has filed a new SC 13D, reporting a 4.40% ownership stake in Travelport Worldwide.
Amended Activist Investor Filings
USG Corp. (USG) – Berkshire Hathaway Inc has filed an amended Schedule 13D/A, reporting a 30.80% ownership stake in USG.
National CineMedia, Inc. (NCMI) – Cinemark Holdings, Inc. has filed an amended Schedule 13D/A, reporting a 14.00% ownership stake in National CineMedia. This is a decrease of 54.84% from their previous filing.
Empresa Nacional de Electricidad S.A. (EOCC) – Enel Chile S.a. has filed an amended Schedule 13D/A, reporting a 93.55% ownership stake in Empresa Nacional de Electricidad S.A.. This is an increase of 55.97% from their previous filing.
Insignia Systems, Inc. (ISIG) – Air T Inc has filed an amended Schedule 13D/A, reporting a 27.88% ownership stake in Insignia Systems. This is an increase of 6.13% from their previous filing.
RiceBran Technologies (RIBT) – Continental Grain Co has filed an amended Schedule 13D/A, reporting a 18.90% ownership stake in RiceBran Technologies. This is an increase of 16.67% from their previous filing.
Snyders-Lance, Inc. (LNCE) – Campbell Soup Co has filed an amended Schedule 13D/A, reporting a 100.00% ownership stake in Snyders-Lance. This is an increase of 657.58% from their previous filing.
Cision Ltd. (CISN) – Canyon Holdings (cayman), L.p. has filed an amended Schedule 13D/A, reporting a 63.58% ownership stake in Cision.
Neonode, Inc. (NEON) – Rosberg Ulf has filed an amended Schedule 13D/A, reporting a 7.30% ownership stake in Neonode. This is an increase of 22.28% from their previous filing.
Cogentix Medical, Inc. (CGNT) – Accelmed Growth Partners, L.P. has filed an amended Schedule 13D/A, reporting a 26.48% ownership stake in Cogentix Medical. This is a decrease of 0.90% from their previous filing.
Leju Holdings Limited (LEJU) – Zhou Xin has filed an amended Schedule 13D/A, reporting a 38.30% ownership stake in Leju Holdings. This is a decrease of 5.67% from their previous filing.
USG Corp. (USG) – Gebr. Knauf Verwaltungsgesellschaft Kg has filed an amended Schedule 13D/A, reporting a 10.46% ownership stake in USG.
Tenet Healthcare Corp. (THC) – Glenview Capital Management, Llc has filed an amended Schedule 13D/A, reporting a 17.74% ownership stake in Tenet Healthcare. This is a decrease of 0.17% from their previous filing.
Jupai Holdings Ltd. (JP) – Zhou Xin has filed an amended Schedule 13D/A, reporting a 22.00% ownership stake in Jupai Holdings. This is a decrease of 10.57% from their previous filing.
Kindred Healthcare, Inc. (KND) – Brigade Capital Management, Lp has filed an amended Schedule 13D/A, reporting a 7.54% ownership stake in Kindred Healthcare. This is an increase of 1.75% from their previous filing.
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.
Lazydays Holdings, Inc. (LAZY) – Park West Asset Management LLC has filed a new SC 13G, reporting a 9.99% ownership stake in Lazydays Holdings.
Sapiens International Corp. N.V. (SPNS) – Clal Insurance Enterprises Holdings Ltd has filed a new SC 13G, reporting a 5.20% ownership stake in Sapiens International N.V..
Amended Passive Investor Filings
Impinj, Inc. (PI) – Ice Pond Lane Advisers, LLC has filed an amended Schedule 13D/A, reporting a 9.10% ownership stake in Impinj. This is an increase of 145.95% from their previous filing.
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