Clarkston Capital Amends Clarivate PLC Stake (SC 13G/A)

TL;DR

**Clarkston Capital just updated their passive stake in Clarivate PLC.**

AI Summary

Clarkston Capital Partners, LLC, along with its affiliates Clarkston Companies, Inc., Modell Capital LLC, and individuals Gerald W. Hakala, Jeffrey A. Hakala, and Jeremy J. Modell, filed an amended Schedule 13G/A for Clarivate PLC on February 12, 2024, indicating their ownership of Ordinary Shares as of December 31, 2023. This filing updates their previous disclosure, signaling a potential change in their passive investment stake in Clarivate PLC. For investors, this matters because it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence.

Why It Matters

This filing updates the public record on a significant institutional investor's stake, offering insight into their current level of passive investment in Clarivate PLC.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive investment filing and does not indicate any immediate high-risk events.

Analyst Insight

An investor should note this filing as an update to a significant institutional holding, but without specific share count changes, it primarily serves as a transparency update rather than a direct buy/sell signal.

Key Players & Entities

• Clarkston Capital Partners, LLC (company) — reporting person and group member
• Clarivate PLC (company) — subject company (issuer)
• Clarkston Companies, Inc. (company) — group member
• Modell Capital LLC (company) — group member
• Gerald W. Hakala (person) — group member
• Jeffrey A. Hakala (person) — group member
• Jeremy J. Modell (person) — group member
• December 31, 2023 (date) — date of event requiring filing

FAQ

From the Filing

0000905729-24-000037.txt : 20240212 0000905729-24-000037.hdr.sgml : 20240212 20240212163512 ACCESSION NUMBER: 0000905729-24-000037 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 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: CLARIVATE PLC CENTRAL INDEX KEY: 0001764046 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: Y9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91283 FILM NUMBER: 24620576 BUSINESS ADDRESS: STREET 1: 4TH FLOOR, ST. PAUL'S GATE STREET 2: 22-24 NEW STREET CITY: ST. HELIER STATE: Y9 ZIP: JE14TR BUSINESS PHONE: (207) 433-4000 MAIL ADDRESS: STREET 1: 70 ST. MARY AXE CITY: LONDON STATE: X0 ZIP: EC3A 8BE FORMER COMPANY: FORMER CONFORMED NAME: CLARIVATE Plc DATE OF NAME CHANGE: 20200507 FORMER COMPANY: FORMER CONFORMED NAME: Clarivate Analytics PLC DATE OF NAME CHANGE: 20190108 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/A 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/A 1 sc13ga1clarivate.htm CCP SC 13G/A 1 CLARIVATE PLC Page 1 of 13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A (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. 1) * Clarivate PLC (Name of Issuer) Ordinary Shares (Title of Class of Securities) G21810109 (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. G21810109 13G/A 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 53,438,049 (7) Sole Dispositive Power 0 (8) Shared Dispositive Power 56,341,399 (9) Aggregate Amount Beneficially Owned by Each Reporting Person 56,341,399 (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) 8.49% 1 (12) Type of Reporting Person (see instructions) IA __________________________________ 1 Based upon 663,922,882 shares of Ordinary Shares, no