FifthDelta Ltd Amends PHINIA Stake as of Dec 31, 2023

TL;DR

**FifthDelta Ltd updated its PHINIA stake, showing its latest position as of year-end 2023.**

AI Summary

FifthDelta Ltd, a UK-based investment firm, filed an amendment to its Schedule 13G, indicating its beneficial ownership of PHINIA INC. (PHINIA) common shares as of December 31, 2023. This filing, an amendment to a previous disclosure, updates their position in the motor vehicle parts and accessories company. This matters to investors because it shows a significant institutional investor's continued, or potentially adjusted, stake in PHINIA, which can influence market perception and liquidity.

Why It Matters

This filing confirms FifthDelta Ltd's updated ownership in PHINIA INC., providing transparency on a major investor's position and potentially signaling their ongoing confidence or changes in their investment thesis.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership report, indicating transparency rather than immediate risk.

Analyst Insight

An investor should note that a significant institutional investor, FifthDelta Ltd, has updated its position in PHINIA INC. This is a routine disclosure, but further investigation into the specific changes in their share count (which is not provided in this excerpt) would be necessary to gauge their current conviction in the stock.

Key Players & Entities

• FifthDelta Ltd (company) — the reporting person and investment firm
• PHINIA INC. (company) — the subject company whose securities are being reported
• United Kingdom (company) — place of organization for FifthDelta Ltd
• December 31, 2023 (date) — date of event requiring the filing

FAQ

From the Filing

0000945621-24-000223.txt : 20240212 0000945621-24-000223.hdr.sgml : 20240212 20240212154318 ACCESSION NUMBER: 0000945621-24-000223 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: PHINIA INC. CENTRAL INDEX KEY: 0001968915 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-94136 FILM NUMBER: 24619629 BUSINESS ADDRESS: STREET 1: 3000 UNIVERSITY DRIVE CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 947-262-8147 MAIL ADDRESS: STREET 1: 3000 UNIVERSITY DRIVE CITY: AUBURN HILLS STATE: MI ZIP: 48326 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIFTHDELTA Ltd CENTRAL INDEX KEY: 0001872766 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 15 SACKVILLE STREET, 1ST FLOOR CITY: LONDON STATE: X0 ZIP: W1S 3DJ BUSINESS PHONE: 44 203 989 5555 MAIL ADDRESS: STREET 1: 15 SACKVILLE STREET, 1ST FLOOR CITY: LONDON STATE: X0 ZIP: W1S 3DJ FORMER COMPANY: FORMER CONFORMED NAME: FifthDelta Ltd DATE OF NAME CHANGE: 20210714 SC 13G/A 1 fifthdetlaphin13g.htm AMENDMENT NO. 1 TO SCHEDULE 13G UNITED STATES S ECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Phinia Inc. (Name of Issuer)   COMMON SHARES Title of Class of Securities)   71880K101 (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: ☐ 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).       1 NAMES OF REPORTING PERSONS      FIFTHDELTA LTD         2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a) ☐     (b) ☐     3 SEC USE ONLY               4 CITIZENSHIP OR PLACE OF ORGANIZATION      United Kingdom         NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER     0         6 SHARED VOTING POWER     1,521,655         7 SOLE DISPOSITIVE POWER     0         8 SHARED DISPOSITIVE POWER     1,521,655         9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON      1,521,655         10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)     ☐         11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)      3.26% *         12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)      FI, CO           * The percentage of shares beneficially owned as set forth in row 11 above is based on 46,685,317 Common Shares issued and outstanding as of November 1, 2023, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended Septem