Yelin Lapidot Amends TAT Technologies Stake on Dec 28, 2023

TL;DR

**Yelin Lapidot updated their stake in TAT Technologies, signaling a change in institutional ownership.**

AI Summary

Yelin Lapidot Holdings Management Ltd., along with Dov Yelin and Yair Lapidot, filed an Amendment No. 6 to Schedule 13G for TAT Technologies Ltd. on January 4, 2024, reporting their ownership of Ordinary Shares. The filing indicates a change in their beneficial ownership as of December 28, 2023, which is important for investors as it signals a significant institutional holder's updated stake in the company, potentially influencing market perception and stock stability.

Why It Matters

This filing updates the public on a major institutional investor's position in TAT Technologies, which can impact investor confidence and the stock's perceived stability.

Risk Assessment

Risk Level: low — This filing is a routine update of beneficial ownership and does not inherently indicate a high level of risk.

Analyst Insight

Investors should note the continued involvement of Yelin Lapidot as a significant holder in TAT Technologies, which could be a sign of long-term institutional interest. Further analysis of the specific changes in ownership percentage (which would be detailed later in the full filing) would be necessary to determine if this is a bullish or bearish signal.

Key Players & Entities

• Yelin Lapidot Holdings Management Ltd. (company) — the filing entity
• TAT Technologies Ltd. (company) — the subject company
• Dov Yelin (person) — a reporting person and group member
• Yair Lapidot (person) — a group member
• YELIN LAPIDOT PROVIDENT FUNDS MANAGEMENT LTD. (company) — a group member

FAQ

Filing Documents

• ea191156-13ga6yelin_tattech.htm (SC 13G/A) — 87KB
• ea191156ex99-1_tattech.htm (EX-99.1) — 7KB
• 0001213900-24-001126.txt ( ) — 96KB

(a) Name of Issuer

Item 1. (a) Name of Issuer : TAT Technologies Ltd. (b) Address of Issuer’s Principal Executive Offices : Hamelacha 5, Netanya 4250540, Israel

(a) Name of Person Filing

Item 2. (a) Name of Person Filing : Dov Yelin Yair Lapidot Yelin Lapidot Holdings Management Ltd. Yelin Lapidot Provident Funds Ltd. (b) Address of Principal Business Office : Dov Yelin – 50 Dizengoff St., Dizengoff Center, Gate 3, Top Tower, 13th floor, Tel Aviv 64332, Israel Yair Lapidot – 50 Dizengoff St., Dizengoff Center, Gate 3, Top Tower, 13th floor, Tel Aviv 64332, Israel Yelin Lapidot Holdings Management Ltd. – 50 Dizengoff St., Dizengoff Center, Gate 3, Top Tower, 13th floor, Tel Aviv 64332, Israel Yelin Lapidot Provident Funds Management Ltd. - 50 Dizengoff St., Dizengoff Center, Gate 3, Top Tower, 13th floor, Tel Aviv 64332, Israel (c) Citizenship or Place of Incorporation : Dov Yelin – Israel Yair Lapidot – Israel Yelin Lapidot Holdings Management Ltd. – Israel Yelin Lapidot Provident Funds Management Ltd. – Israel (d) Title of Class of Securities : Ordinary Shares, NIS 0.90 Par Value (e) CUSIP Number : M8740S227 CUSIP No. M8740S227 13G Page 7 of 10 Pages

. Not applicable

Item 3 . Not applicable.

. Ownership

Item 4 . Ownership : (a) Amount beneficially owned : See row 9 of cover page of each reporting person. On December 28, 2023, the securities reported herein were beneficially owned as follows: 134,700 Ordinary Shares (representing 1.33% of the total Ordinary Shares outstanding) beneficially owned by mutual funds managed by Yelin Lapidot Mutual Funds Management Ltd. 570,334 Ordinary Shares (representing 5.64% of the total Ordinary Shares outstanding) beneficially owned by provident funds managed by Yelin Lapidot Provident Funds Management Ltd. The securities reported herein are beneficially owned by provident funds managed by Yelin Lapidot Provident Funds Management Ltd. and/or mutual funds managed by Yelin Lapidot Mutual Funds Management Ltd. (the “ Subsidiaries ”), each a wholly-owned subsidiary of Yelin Lapidot Holdings Management Ltd. (“ Yelin Lapidot Holdings ”). Messrs. Yelin and Lapidot each own 24.38% of the share capital and 25.004% of the voting rights of Yelin Lapidot Holdings, and are responsible for the day-to-day management of Yelin Lapidot Holdings. The Subsidiaries operate under independent management and make their own independent voting and investment decisions. Any economic interest or beneficial ownership in any of the securities covered by this report is held for the benefit of the members of the provident funds or mutual funds, as the case may be. This Statement shall not be construed as an admission by Messrs. Yelin and Lapidot, Yelin Lapidot Holdings or the Subsidiaries that he or it is the beneficial owner of any of the securities covered by this Statement, and each of Messrs. Yelin and Lapidot, Yelin Lapidot Holdings, and the Subsidiaries disclaims beneficial ownership of any such securities. (b) Percent of class : See row 11 of cover page of each reporting person (c) Number of shares as to which such person has : (i) Sole power to vote or to direct the vote: See row 5 of cover page of each reporting

. Ownership of Five Percent or Less of a Class

Item 5 . Ownership of Five Percent or Less of a Class : Not applicable.

. Ownership of More than Five Percent on Behalf of Another

Item 6 . Ownership of More than Five Percent on Behalf of Another : Not applicable.

. Identification and Classification of the Subsidiary Which Acquired the Security

Item 7 . Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person : Not applicable.

. Identification and Classification of Members of the Group

Item 8 . Identification and Classification of Members of the Group : Not applicable.

. Notice of Dissolution of Group

Item 9 . Notice of Dissolution of Group : Not applicable.

Certification

Item 10. Certification : By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. M8740S227 13G Page 9 of 10 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 4, 2024 Dov Yelin /s/ Dov Yelin By: Dov Yelin Yair Lapidot /s/ Yair Lapidot By: Yair Lapidot Yelin Lapidot Holdings Management Ltd. /s/ Dov Yelin By: Dov Yelin Title: Joint Chief Executive Officer Yelin Lapidot Provident Funds Management Ltd. /s/ Dov Yelin /s/ Carmel Kenny By: Dov Yelin, Carmel Kenny Title: Co-owner, Chief Investment Manager CUSIP No. M8740S227 13G Page 10 of 10 Pages EXHIBIT NO. DESCRIPTION Exhibit 1 Joint Filing Agreement filed by and among the Reporting Persons, dated as of January 4, 2024.

View Full Filing

View this SC 13G/A filing on SEC EDGAR