VAN LANSCHOT KEMPEN Maintains Passive Stake in Thermon Group

TL;DR

**Big institutional investor still owns Thermon Group shares, signaling confidence.**

AI Summary

VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. filed an amended SC 13G/A on February 12, 2024, indicating their ownership of Common Shares in Thermon Group Holdings, Inc. as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, but passive, investment in Thermon Group Holdings, Inc. This matters to investors because it shows a major institutional investor maintains a stake, which can signal confidence in the company's long-term prospects, even if the exact percentage change isn't detailed in this snippet.

Why It Matters

This filing confirms a large institutional investor, VAN LANSCHOT KEMPEN, continues to hold a significant, passive stake in Thermon Group Holdings, Inc., which can be a positive signal for other investors regarding the company's stability.

Risk Assessment

Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or strategy, thus posing low risk.

Analyst Insight

An investor should note that a significant institutional holder, VAN LANSCHOT KEMPEN, continues to maintain a passive stake in Thermon Group Holdings, Inc., which could be interpreted as a sign of continued confidence, but further analysis of the percentage owned would be needed for a stronger conclusion.

Key Players & Entities

• VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (company) — the entity filing the SC 13G/A, reporting beneficial ownership
• Thermon Group Holdings, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event which required the filing of this statement
• February 12, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001367401-24-000002.txt : 20240212 0001367401-24-000002.hdr.sgml : 20240212 20240212073925 ACCESSION NUMBER: 0001367401-24-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Thermon Group Holdings, Inc. CENTRAL INDEX KEY: 0001489096 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 272228185 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86698 FILM NUMBER: 24617396 BUSINESS ADDRESS: STREET 1: 7171 SOUTHWEST PARKWAY STREET 2: BUILDING 300, SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: 5126900600 MAIL ADDRESS: STREET 1: 7171 SOUTHWEST PARKWAY STREET 2: BUILDING 300, SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78735 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. CENTRAL INDEX KEY: 0001367401 ORGANIZATION NAME: IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: BEETHOVENSTRAAT 300 CITY: AMSTERDAM STATE: P7 ZIP: 1077 WZ BUSINESS PHONE: 0031203488728 MAIL ADDRESS: STREET 1: BEETHOVENSTRAAT 300 CITY: AMSTERDAM STATE: P7 ZIP: 1077 WZ FORMER COMPANY: FORMER CONFORMED NAME: KEMPEN CAPITAL MANAGEMENT N.V. DATE OF NAME CHANGE: 20140211 FORMER COMPANY: FORMER CONFORMED NAME: Kempen Capital Management N.V. DATE OF NAME CHANGE: 20060623 SC 13G/A 1 SC13GA_KCM_FEB2024-Thermon.htm 13G FILING VLKIM - THERMON FEB2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549   SCHEDULE 13G/A   Under the Securities Exchange Act of 1934 (Amendment No. [___1])*     Thermon Group Holdings, Inc (Name of Issuer)      Common Shares (Title of Class of Securities)     88362T103 (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:   x Rule 13d-1(b)   o Rule 13d-1(c)   o 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 (the “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).             SCHEDULE 13G   CUSIP No.   88362T103   Page 2 of 10 Pages           1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Van Lanschot Kempen Investment Management N.V. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) o (b) o   3 SEC USE ONLY     4 CITIZENSHIP OR PLACE OF ORGANIZATION   The Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER   1,792,883 6 SHARED VOTING POWER   0 7 SOLE DISPOSITIVE POWER   2,245,254 8 SHARED DISPOSITIVE POWER   0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   2,245,254 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)     o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   6.66% 12 TYPE OF REPORTING PERSON (See Instructions)   FI (Non-U.S. Financial Institution)             (a) Name of Issuer.   Thermon Group Holdings, Inc.   (b) Address of Issuer&#8217