William Blair Divests Entire Luxfer Holdings Stake

TL;DR

**William Blair just dumped all its Luxfer Holdings shares.**

AI Summary

William Blair Investment Management, LLC, a Delaware-based investment firm, has filed an Amendment No. 4 to its SC 13G filing for Luxfer Holdings PLC (NYSE: LXFR). As of December 31, 2023, William Blair reported holding 0 shares with sole or shared voting and dispositive power in Luxfer Holdings PLC. This update indicates a complete divestment of their previous holdings, which matters to investors as it shows a significant institutional investor no longer has a stake in the company, potentially signaling a lack of confidence or a reallocation of assets.

Why It Matters

This filing shows a major institutional investor, William Blair, has sold all its shares in Luxfer Holdings PLC, which could be interpreted as a bearish signal by other investors.

Risk Assessment

Risk Level: medium — The complete divestment by an institutional investor could signal underlying concerns or a shift in investment strategy, potentially impacting stock price.

Analyst Insight

A smart investor would investigate the reasons behind William Blair's complete divestment from Luxfer Holdings PLC and consider if these reasons impact their own investment thesis before making any decisions.

Key Numbers

• 0 — Sole Voting Power (Number of shares William Blair has sole voting power over as of December 31, 2023.)
• 0 — Shared Voting Power (Number of shares William Blair has shared voting power over as of December 31, 2023.)
• 0 — Sole Dispositive Power (Number of shares William Blair has sole dispositive power over as of December 31, 2023.)
• 0 — Shared Dispositive Power (Number of shares William Blair has shared dispositive power over as of December 31, 2023.)

Key Players & Entities

• William Blair Investment Management, LLC (company) — the reporting person who filed the SC 13G/A
• Luxfer Holdings PLC (company) — the issuer of the securities
• December 31, 2023 (date) — the date of the event requiring the filing
• Delaware (company) — state of organization for William Blair Investment Management, LLC

Forward-Looking Statements

• Other institutional investors may review their positions in Luxfer Holdings PLC following William Blair's complete divestment. (Luxfer Holdings PLC) — medium confidence, target: Q1 2024

FAQ

Filing Documents

• tm245766d21_sc13ga.htm (SC 13G/A) — 52KB
• 0001104659-24-015414.txt ( ) — 53KB

(a)

Item 1(a). Name of Issuer: Luxfer Holdings PLC

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: Lumns Lane, Manchester, X0 M27 8LN

(a)

Item 2(a). Name of Person Filing: William Blair Investment Management, LLC

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 150 North Riverside Plaza, Chicago, IL 60606

(c)

Item 2(c). Citizenship: Delaware

(d)

Item 2(d). Title of Class of Securities: Common Stock

(e)

Item 2(e). CUSIP Number: G5698W116 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) o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o 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) o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) o 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: G5698W116 Page 4 Item 4. 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: 0 (b) Percent of class: 0.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. If this

View Full Filing

View this SC 13G/A filing on SEC EDGAR