Jennison reports 5.4% stake in Acadian Asset Management (AAMI)
Rhea-AI Filing Summary
Jennison Associates LLC has reported beneficial ownership of 1,909,222 shares of Acadian Asset Management Inc common stock, representing 5.4% of the class as of 12/31/2025. Jennison has sole power to vote these shares but shares dispositive power over the same amount.
The firm states the position was acquired and is held in the ordinary course of business, and not for the purpose of changing or influencing control of Acadian Asset Management Inc. The filing is signed by a Senior Vice President, Compliance, on behalf of Jennison Associates LLC.
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FAQ
What percentage of Acadian Asset Management Inc (AAMI) does Jennison Associates own?
Jennison Associates LLC beneficially owns 5.4% of the outstanding common stock of Acadian Asset Management Inc. This level of ownership requires a Schedule 13G filing to disclose its position.
Why did Jennison Associates file a Schedule 13G for AAMI?
Jennison Associates LLC filed a Schedule 13G because it exceeded 5% beneficial ownership in Acadian Asset Management Inc. The firm states the shares were acquired in the ordinary course of business, not to influence control.
Does Jennison Associates seek to influence control of Acadian Asset Management Inc?
Jennison Associates LLC certifies that the AAMI securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
What type of reporting person is Jennison Associates in this AAMI filing?
Jennison Associates LLC identifies itself as an investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). It is a Delaware limited liability company with its principal office in New York.