Tocqueville Asset Mgmt Holds 1.6M Shares of Kelso Tech

Ticker: KIQSF · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1161814

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, railroad-equipment

TL;DR

**Tocqueville Asset Management still owns 1.6M shares of Kelso Technologies, signaling continued institutional interest.**

AI Summary

Tocqueville Asset Management L.P. filed an amended SC 13G/A on February 12, 2024, indicating their beneficial ownership of 1,603,589 shares of Kelso Technologies Inc. common stock as of December 31, 2023. This represents a significant holding by an institutional investor, showing their continued interest in the railroad equipment company. For investors, this filing confirms a major institutional holder's position, which can signal confidence or stability in the stock.

Why It Matters

This filing shows a major institutional investor, Tocqueville Asset Management L.P., maintains a substantial stake in Kelso Technologies Inc., which can be a positive signal for other investors regarding the company's stability and future prospects.

Risk Assessment

Risk Level: low — This filing is an update on an existing institutional holding, not a new position or a significant change, indicating low immediate risk.

Analyst Insight

Investors should note the continued institutional ownership by Tocqueville Asset Management L.P. as a sign of stability, but should also research Kelso Technologies Inc.'s fundamentals and recent performance to make informed decisions, as this filing primarily updates ownership, not a new investment thesis.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this SC 13G/A filing?

This SC 13G/A filing is an amendment (Amendment No. 2) to a Schedule 13G, indicating an update to the beneficial ownership information of Kelso Technologies Inc. by Tocqueville Asset Management L.P. as of December 31, 2023.

Who is the reporting person in this filing and what is their place of organization?

The reporting person is Tocqueville Asset Management L.P., and their place of organization is Delaware, as stated on the cover page of the filing.

How many shares of Kelso Technologies Inc. common stock does Tocqueville Asset Management L.P. beneficially own?

Tocqueville Asset Management L.P. beneficially owns 1,603,589 shares of Kelso Technologies Inc. common stock, with sole voting and sole dispositive power over these shares, as reported on the cover page.

What is the CUSIP number for the class of securities mentioned in this filing?

The CUSIP number for the Common Stock, no par value, of Kelso Technologies Inc. is 48826D201, as specified in the filing.

When was the event date that required this filing?

The date of the event which requires the filing of this statement was December 31, 2023, as indicated in the filing.

Filing Stats: 2,043 words · 8 min read · ~7 pages · Grade level 8.3 · Accepted 2024-02-12 21:13:06

Filing Documents

From the Filing

SC 13G/A 1 d10967090_13g-a.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Kelso Technologies Inc. (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 48826D201 (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) [x] 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 48826D201 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Tocqueville Asset Management LP 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 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,603,589 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,603,589 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,603,589 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) 3.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA CUSIP No 48826D201 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Taubenpost Capital L.P. 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 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,603,589 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,603,589 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,603,589 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) 3.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN CUSIP No 48826D201 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Taubenpost Capital LLC 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 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,603,589 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,603,589 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,603,589 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) 3.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC, OO CUSIP No 48826D201 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Donald Wang 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 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,603,589 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,603,589 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,603,589 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) 3.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN, HC CUSIP No 48826D201 Item 1. (a). Name of Issuer: Kelso Technologies Inc. (b). Address of Issuer’s Principal Executive Offices: 13966 18B Avenue Surrey, British Columbia, Canada, V4A 8J1 Item 2. (a). Name of Person Filing: Tocqueville Asset Management LP Taubenpost Capital L.P. Taubenpost Capital LLC Donald Wang (b). Address of Principal Business Office, or if None, Residence: Tocqueville Asset Management LP 40 West 57th Street, 19th Floor New York, NY 10019 (c) Citizenship: Tocquevil

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