Horizon Kinetics Updates Stake in Associated Capital Group
Ticker: ACGP · Form: SC 13G/A · Filed: Feb 6, 2024 · CIK: 1642122
| Field | Detail |
|---|---|
| Company | Associated Capital Group, Inc. (ACGP) |
| Form Type | SC 13G/A |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, equity-stake
TL;DR
**Horizon Kinetics just updated their ownership in Associated Capital Group.**
AI Summary
Horizon Kinetics Asset Management LLC filed an amended SC 13G/A on February 6, 2024, indicating their ownership of Class A Common Stock in Associated Capital Group, Inc. as of December 31, 2023. This filing, under Rule 13d-1(b), updates their previous disclosures regarding their stake in the company. This matters to investors because it provides transparency into significant institutional ownership, which can influence stock stability and future strategic decisions.
Why It Matters
This filing shows that a major institutional investor, Horizon Kinetics, continues to hold a significant position in Associated Capital Group, signaling their ongoing confidence or strategic interest in the company.
Risk Assessment
Risk Level: low — This is a routine update on institutional ownership and does not indicate any immediate negative or positive risk.
Analyst Insight
Investors should note the continued institutional ownership by Horizon Kinetics Asset Management LLC, which could be a factor in their own investment decisions regarding Associated Capital Group, Inc. Further investigation into Horizon Kinetics' investment thesis for Associated Capital Group might be beneficial.
Key Players & Entities
- Horizon Kinetics Asset Management LLC (company) — the reporting person filing the SC 13G/A
- Associated Capital Group, Inc. (company) — the issuer of the Class A Common Stock
- Delaware (company) — place of organization for Horizon Kinetics Asset Management LLC
- December 31, 2023 (date) — date of event requiring the filing
- February 6, 2024 (date) — date the filing was made
FAQ
What type of stock does Horizon Kinetics Asset Management LLC own in Associated Capital Group, Inc.?
Horizon Kinetics Asset Management LLC owns Class A Common Stock in Associated Capital Group, Inc., as stated in the 'Title of Class of Securities' section of the filing.
When was the event that required this SC 13G/A filing?
The event that required this filing occurred on December 31, 2023, as indicated by the 'Date of Event which Requires Filing of this Statement'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as marked by the 'X' in the 'Check the appropriate box to designate the rule pursuant to which this Schedule is filed' section.
What is the CUSIP number for Associated Capital Group, Inc.'s Class A Common Stock?
The CUSIP number for Associated Capital Group, Inc.'s Class A Common Stock is 045528106, as listed in the filing.
Where is Horizon Kinetics Asset Management LLC organized?
Horizon Kinetics Asset Management LLC is organized in Delaware, as stated under 'Citizenship or Place of Organization' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 6, 2024 regarding Associated Capital Group, Inc. (ACGP).