APG Asset Management Amends Balchem Corp. Stake Filing
Ticker: BCPC · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 9326
| Field | Detail |
|---|---|
| Company | Balchem CORP (BCPC) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.06 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, beneficial-ownership
TL;DR
**APG Asset Management US Inc. updated its Balchem Corp. ownership filing.**
AI Summary
APG Asset Management US Inc. filed an amended Schedule 13G/A on February 7, 2024, indicating a change in their beneficial ownership of Balchem Corp. (BCHE) common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, shows that APG Asset Management US Inc. continues to hold a significant stake in Balchem Corp. This matters to investors because large institutional holdings can signal confidence in a company's long-term prospects, but changes in these holdings can also influence stock price and liquidity.
Why It Matters
Institutional ownership changes can signal shifts in investor confidence, potentially impacting Balchem Corp.'s stock price and market perception.
Risk Assessment
Risk Level: low — This filing is a routine update of an existing institutional holding and does not indicate any immediate or significant risk to investors.
Analyst Insight
Investors should monitor future SC 13G/A filings from APG Asset Management US Inc. to track any significant changes in their beneficial ownership of Balchem Corp., as large institutional movements can sometimes precede broader market trends for the stock.
Key Players & Entities
- APG Asset Management US Inc. (company) — the entity filing the SC 13G/A, reporting beneficial ownership in Balchem Corp.
- Balchem Corp. (company) — the issuer whose common stock is being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- February 7, 2024 (date) — the date the SC 13G/A amendment was filed
- Delaware, United States (company) — place of organization for APG Asset Management US Inc.
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is APG Asset Management US Inc., with an IRS Identification No. of 061285941 and organized in Delaware, United States.
What is the subject company of this filing?
The subject company is Balchem Corp., identified by CIK 0000009326, with its business address at 5 Paragon Drive, Montvale, NJ 07645.
What is the CUSIP number for the class of securities reported?
The CUSIP number for Balchem Corp.'s Common Stock, $0.06 2/3 par value, is 057665200.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Stats: 2,046 words · 8 min read · ~7 pages · Grade level 7.7 · Accepted 2024-02-07 17:24:26
Key Financial Figures
- $0.06 — orp. (Name of Issuer) Common Stock, $0.06 2/3 par value (Title of Class of Secu
Filing Documents
- formsc13ga.htm (SC 13G/A) — 154KB
- ex1.htm (EX-1) — 13KB
- 0001493152-24-005290.txt ( ) — 168KB
From the Filing
SC 13G/A 1 formsc13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Balchem Corp. (Name of Issuer) Common Stock, $0.06 2/3 par value (Title of Class of Securities) 057665200 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 057665200 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management US Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,917,112* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,917,112* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,917,112* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO, IA * Based on 32,241,056 Common Shares outstanding as of October 19, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 27, 2023. CUSIP No. 057665200 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,917,112* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,917,112* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,917,112* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 32,241,056 Common Shares outstanding as of October 19, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 27, 2023. CUSIP No. 057665200 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Groep, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,917,112* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,917,112* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,917,112* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 32,241,056 Common Shares outstanding as of October 19, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 27, 2023. CUSIP No. 057665200 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stichting Pensioenfonds ABP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,917,112* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,917,112* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON