Cooper Creek Partners (AAP) reports 7.8% passive stake in Advance Auto Parts
Rhea-AI Filing Summary
Cooper Creek Partners Management LLC reports a passive ownership stake in Advance Auto Parts, Inc. common stock. The firm beneficially owns 4,678,311 shares, representing 7.8% of the class, with sole power to vote and dispose of all these shares and no shared voting or dispositive power.
The filer certifies that the securities are not held for the purpose of changing or influencing control of Advance Auto Parts, other than activities solely in connection with a nomination referenced in the certification.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 4,678,311 shares
Percent of class: 7.8%
Sole voting power: 4,678,311 shares
+3 more
6 metrics
Beneficial ownership
4,678,311 shares
Shares of Advance Auto Parts common stock beneficially owned by Cooper Creek Partners Management LLC
Percent of class
7.8%
Percentage of Advance Auto Parts common stock class beneficially owned
Sole voting power
4,678,311 shares
Shares over which Cooper Creek has sole power to vote or direct the vote
Sole dispositive power
4,678,311 shares
Shares over which Cooper Creek has sole power to dispose or direct disposition
Shared voting power
0 shares
Shares with shared power to vote or direct the vote
Shared dispositive power
0 shares
Shares with shared power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 4,678,311"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 4,678,311.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 4,678,311.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Percent of class financial
"Item 4. | Ownership (b) | Percent of class: 7.8%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G regulatory
"information that would otherwise be disclosed in a Schedule 13D. By signing below I certify"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
Is Cooper Creek Partners’ stake in Advance Auto Parts (AAP) reported as passive or for control purposes?
The stake is reported as passive. The filer certifies the securities were not acquired and are not held to change or influence control of Advance Auto Parts, except for activities solely in connection with a nomination referenced in the certification.
What type of security in Advance Auto Parts (AAP) is reported by Cooper Creek Partners?
Cooper Creek Partners reports holdings in Advance Auto Parts common stock, identified with CUSIP 00751Y106. The filing details sole voting and dispositive power over 4,678,311 common shares and no shared authority with other parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.