Hotchkis & Wiley Amends Stagwell Inc. Stake Filing

TL;DR

**Hotchkis & Wiley still owns Stagwell stock, showing continued institutional confidence.**

AI Summary

Hotchkis & Wiley Capital Management LLC, an investment adviser, filed an amended SC 13G/A on February 13, 2024, indicating their ownership of Stagwell Inc. Class A Common Stock as of December 31, 2023. This filing updates their previous disclosure, showing their continued significant, though passive, stake in Stagwell Inc. This matters to investors because it confirms a major institutional investor's ongoing confidence in Stagwell, even if their exact share count isn't detailed in this snippet, suggesting stability in the institutional ownership base.

Why It Matters

This filing confirms that a major institutional investor, Hotchkis & Wiley, continues to hold a significant, passive stake in Stagwell Inc., signaling their ongoing confidence in the company.

Risk Assessment

Risk Level: low — This is a routine amendment by an institutional investor, indicating stable ownership rather than a significant change in risk.

Analyst Insight

An investor should note that a significant institutional holder like Hotchkis & Wiley maintains a passive stake in Stagwell Inc., which can be a sign of long-term confidence, but this filing alone doesn't provide new actionable insights beyond confirming existing ownership.

Key Players & Entities

• Hotchkis & Wiley Capital Management, LLC (company) — the reporting person and institutional investor
• Stagwell Inc. (company) — the subject company whose securities are being reported
• Class A Common Stock (company) — the type of securities owned by Hotchkis & Wiley
• December 31, 2023 (date) — the date of the event requiring this filing
• 85256A109 (company) — the CUSIP number for Stagwell Inc. Class A Common Stock

FAQ

Key Financial Figures

• $0.001 — suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• hotchkiswiley-stgw123123a1.htm (SC 13G/A) — 52KB
• 0001172661-24-000822.txt ( ) — 54KB

(a)Name of Issuer

Item 1. (a)Name of Issuer Stagwell Inc. (b)Address of Issuer’s Principal Executive Offices One World Trade Center, Floor 65 New York, New York 10007

(a)Name of Person Filing

Item 2. (a)Name of Person Filing Hotchkis and Wiley Capital Management, LLC (b)Address of Principal Business Office, or, if none, Residence 601 S. Figueroa Street, 39th Fl Los Angeles, CA 90017 (c)Citizenship Delaware (d)Title of Class of Securities Class A Common Stock, par value $0.001 per share (e) CUSIP No.: 85256A109 CUSIP No. 85256A109 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) o 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. 85256A109 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: 20,266,750 (b) Percent of class: 6.91% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 18,214,450 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 20,266,750 (iv) Shared power to dispose or to direct the disposition of: 0 Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, HWC

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View this SC 13G/A filing on SEC EDGAR