Office Depot Inc (ODP) Leads 5 Significant Investor Reports

Fairpointe Capital reports a 6.4% stake in Office Depot in its recent 13-G report

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.

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.

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.

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, and 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.

Here are 5 recent notable filings:

New Passive Investor Filings

PTC Therapeutics, Inc. (NASDAQ:PTCT) – RTW INVESTMENTS, LLC has filed a new SC 13G, reporting a 5.20% ownership stake in PTC Therapeutics.

Office Depot Inc (NASDAQ:ODP) – Fairpointe Capital LLC has filed a new SC 13G, reporting a 6.4%  ownership stake in Office Depot.

Sprague Resources LP (NYSE:SRLP) – Carbo Industries, Inc. has filed a new SC 13G, reporting a 5.30% ownership stake in Sprague Resources LP.

Amended Activist Investor Filings

Hansen Medical, Inc. (NASDAQ:HNSN) – FEINBERG LARRY N has filed an amended Schedule 13D/A, reporting a 22.58% ownership stake in Hansen Medical. This is an increase of 2.45% from their previous filing.

SP Plus Corporation (NASDAQ:SP) – 2929 CPC Holdco, LLC has filed an amended Schedule 13D/A, reporting a 6.00% ownership stake in SP Plus.

Fintel provides advanced investor tools for data driven investors. Check out our complete list of activist  investors.

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