Parnassus Investments Updates Ball Corp Stake as of Dec 31, 2023

TL;DR

**Parnassus Investments just updated its Ball Corp stake, showing its latest position as of year-end 2023.**

AI Summary

Parnassus Investments, LLC, a San Francisco-based investment firm, filed an amended SC 13G/A on February 12, 2024, disclosing its ownership in Ball Corporation (NYSE: BLL) as of December 31, 2023. This filing indicates a change in their previously reported stake, which is important for investors as it shows a significant institutional investor's updated position in the metal can manufacturer. This matters because large institutional holdings can influence stock stability and investor confidence.

Why It Matters

This filing shows Parnassus Investments' updated ownership in Ball Corporation, providing transparency into a major institutional investor's current conviction in the company. Changes in such large holdings can signal shifts in sentiment or strategy that other investors might consider.

Risk Assessment

Risk Level: low — This filing is a routine update of an institutional holding and does not inherently signal high risk, but rather provides transparency.

Analyst Insight

An investor should note Parnassus Investments' updated position in Ball Corporation as of December 31, 2023, and consider if this institutional holding aligns with their own investment thesis or if a deeper dive into Parnassus's investment strategy for Ball Corp is warranted.

Key Players & Entities

• Parnassus Investments, LLC (company) — the investment firm filing the SC 13G/A
• Ball Corporation (company) — the subject company whose shares are being reported
• December 31, 2023 (date) — the date of the event which requires the filing
• February 12, 2024 (date) — the filing date of the SC 13G/A
• 058498106 (number) — the CUSIP number for Ball Corporation's common stock

FAQ

Filing Documents

• parnassus-ball123123a1.htm (SC 13G/A) — 52KB
• 0001172661-24-000696.txt ( ) — 54KB

(a)Name of Issuer

Item 1. (a)Name of Issuer Ball Corporation (b)Address of Issuer’s Principal Executive Offices 9200 West 108th Circle P.O. Box 5000 Westminster, CO 80021-2510

(a)Name of Person Filing

Item 2. (a)Name of Person Filing Parnassus Investments, LLC (b)Address of Principal Business Office, or, if none, Residence 1 Market Street, Suite 1600 San Francisco, CA 94105 (c)Citizenship California - U.S.A. (d)Title of Class of Securities Common (e) CUSIP No.: 058498106 CUSIP No. 058498106 SCHEDULE 13G/A Page 4 of 6 Pages

If

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 058498106 SCHEDULE 13G/A Page 5 of 6 Pages Item 4.Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 21,062,707 (b) Percent of class: 6.680% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 21,062,707 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 21,062,707 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date her

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View this SC 13G/A filing on SEC EDGAR