Federated Hermes reports 3,042,695 AAP shares
Federated Hermes, Inc. filed a Schedule 13G reporting beneficial ownership of 3,042,695 shares of Advance Auto Parts Inc. common stock, representing 5.06% of the class as shown on the cover pages.
Rhea-AI Filing Summary
Federated Hermes, Inc. filed a Schedule 13G reporting beneficial ownership of 3,042,695 shares of Advance Auto Parts Inc. common stock, representing 5.06% of the class as shown on the cover pages. The filing lists shared voting and dispositive power of 3,042,695 shares and includes a Rule 13d-4 disclaimer stating the signatories expressly disclaim beneficial ownership of securities held by managed funds.
Positive
- None.
Negative
- None.
Insights
Large passive ownership disclosed; voting and dispositive power reported as shared for 3,042,695 shares.
Federated Hermes reports a 5.06% stake in Advance Auto Parts with shared voting and dispositive authority. The filing is presented under Schedule 13G conventions and includes a Rule 13d-4 disclaimer about managed-fund ownership.
Monitor subsequent amendments or Schedule 13D filings for changes in intent or control; timing of additional disclosures is not provided in the excerpt.
Key Figures
Key Terms
Rule 13d-4 regulatory
beneficial ownership regulatory
dispositive power financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Federated Hermes report in Advance Auto Parts (AAP)?
Does the Schedule 13G indicate Federated Hermes controls Advance Auto Parts?
What does the Rule 13d-4 disclaimer in the filing mean?
When was this Schedule 13G filed and which CUSIP is reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.