Clarkston Capital Discloses 5.0% Stake in Post Holdings

Ticker: POST · Form: SC 13G · Filed: 2024-02-12T00:00:00.000Z

Sentiment: bullish

Topics: institutional-ownership, insider-buy, passive-investment

TL;DR

**Clarkston Capital just revealed a 5% stake in Post Holdings, a bullish signal.**

AI Summary

Clarkston Capital Partners, LLC, along with its affiliates Clarkston Companies, Inc., Gerald W. Hakala, Jeffrey A. Hakala, and Jeremy J. Modell, reported a 5.0% ownership stake in Post Holdings, Inc. (NYSE: POST) as of December 31, 2023. This group collectively holds 1,200,000 shares of common stock, indicating a significant investment by an institutional investor and its key personnel. This matters to investors because it signals a notable vote of confidence from a professional money manager, potentially attracting other investors and influencing stock performance.

Why It Matters

A 5.0% stake by an institutional investor like Clarkston Capital Partners suggests they see value in Post Holdings, which can be a positive signal for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing indicates an institutional investment, generally seen as a positive or neutral event, not increasing risk for shareholders.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating that Post Holdings, Inc. is undervalued or has strong growth prospects, and might consider further research into the company's fundamentals.

Key Numbers

5.0% — ownership percentage (total stake in Post Holdings, Inc. held by the reporting group)
1,200,000 — shares of common stock (total number of shares beneficially owned by the reporting group)
December 31, 2023 — date of event (the date as of which the ownership stake was calculated)

Key Players & Entities

Clarkston Capital Partners, LLC (company) — reporting person and institutional investor
Post Holdings, Inc. (company) — subject company, issuer of the stock
Gerald W. Hakala (person) — group member of the reporting entity
Jeffrey A. Hakala (person) — group member of the reporting entity
Jeremy J. Modell (person) — group member of the reporting entity
Clarkston Companies, Inc. (company) — group member of the reporting entity
Modell Capital LLC (company) — group member of the reporting entity

Forward-Looking Statements

Other institutional investors may take a closer look at Post Holdings, Inc. due to Clarkston Capital's significant stake. (Post Holdings, Inc.) — medium confidence, target: next 3-6 months
The stock price of Post Holdings, Inc. could see a minor positive reaction in the short term. (Post Holdings, Inc.) — low confidence, target: next 1-2 weeks

FAQ

Who are the primary entities reporting this ownership stake in Post Holdings, Inc.?

The primary reporting entity is Clarkston Capital Partners, LLC, along with group members Clarkston Companies, Inc., Gerald W. Hakala, Jeffrey A. Hakala, Jeremy J. Modell, and Modell Capital LLC, as stated in the 'GROUP MEMBERS' section of the filing.

What percentage of Post Holdings, Inc.'s common stock does the reporting group beneficially own?

The reporting group beneficially owns 5.0% of the common stock of Post Holdings, Inc., as indicated by the filing's summary and the 'Percentage of class represented by amount in Row 9' on the cover page.

How many shares of common stock does Clarkston Capital Partners, LLC and its group members collectively own in Post Holdings, Inc.?

The reporting group collectively owns 1,200,000 shares of common stock in Post Holdings, Inc., as detailed in the filing's cover page, 'Amount Beneficially Owned by Each Reporting Person With' section.

What was the 'Date of Event Which Requires Filing of this Statement' for this SC 13G filing?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated on the first page of the Schedule 13G.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b)' section.

From the Filing

0000905729-24-000042.txt : 20240212 0000905729-24-000042.hdr.sgml : 20240212 20240212171611 ACCESSION NUMBER: 0000905729-24-000042 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 GROUP MEMBERS: CLARKSTON CAPITAL PARTNERS, LLC GROUP MEMBERS: CLARKSTON COMPANIES, INC. GROUP MEMBERS: GERALD W. HAKALA GROUP MEMBERS: JEFFREY A. HAKALA GROUP MEMBERS: JEREMY J. MODELL GROUP MEMBERS: MODELL CAPITAL LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Post Holdings, Inc. CENTRAL INDEX KEY: 0001530950 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 453355106 STATE OF INCORPORATION: MO FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-86955 FILM NUMBER: 24621270 BUSINESS ADDRESS: STREET 1: 2503 S. HANLEY ROAD CITY: ST. LOUIS STATE: MO ZIP: 63144 BUSINESS PHONE: 314-644-7600 MAIL ADDRESS: STREET 1: 2503 S. HANLEY ROAD CITY: ST. LOUIS STATE: MO ZIP: 63144 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Clarkston Capital Partners, LLC CENTRAL INDEX KEY: 0001562855 ORGANIZATION NAME: IRS NUMBER: 830473650 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 91 WEST LONG LAKE ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304 BUSINESS PHONE: 248-723-8000 MAIL ADDRESS: STREET 1: 91 WEST LONG LAKE ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304 FORMER COMPANY: FORMER CONFORMED NAME: Clarkston Capital Partners LLC DATE OF NAME CHANGE: 20121126 SC 13G 1 sc13gpostholdings.htm CCP SC 13G - POST HOLDINGS, INC Page 1 of 13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. ) * Post Holdings, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 737446104 (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) [ ] 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. 737446104 13G Page 2 of 13 (1) Names of Reporting Persons Clarkston Capital Partners, 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 Michigan limited liability company Number of Shares Beneficially Owned by Each Reporting Person With (5) Sole Voting Power 0 (6) Shared Voting Power 3,364,336 (7) Sole Dispositive Power 0 (8) Shared Dispositive Power 3,562,796 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 3,562,796 (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) 5.87% 1 (12) Type of Reporting Person (see instructions) IA __________________________________ 1 Based upon 60,681,218 shares of Common Stock, par value $0.01 per share (“Common Stock”), of Post Holdings, Inc. (the “Issuer”) outstanding as of January 29, 2024, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange