Schedule 13G/A: Hotchkis & Wiley Reports 3.25M Shares (3.87%) in ADNT
Rhea-AI Filing Summary
Hotchkis and Wiley Capital Management, LLC filed an amendment to Schedule 13G reporting beneficial ownership of 3,251,560 ordinary shares of Adient plc, equal to 3.87% of the class. The filing states HWCM has sole dispositive power over 3,251,560 shares and sole voting power over 2,908,460 shares, with no shared voting or dispositive power reported. HWCM is identified as a Delaware investment adviser with a principal business address in Los Angeles. The filing includes a certification that the shares are held in the ordinary course of business and not for the purpose of changing control. The report is signed by Tina H. Kodama, Chief Compliance Officer, dated 08/13/2025.
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Insights
TL;DR: Hotchkis and Wiley disclosed a 3.87% stake (3.25M shares) in Adient with sole dispositive control—routine, non-controlling position.
The filing confirms HWCM holds 3,251,560 shares, representing 3.87% of Adient's ordinary shares, with sole dispositive power and majority sole voting power of 2,908,460 shares. Because the stake is under 5%, the disclosure signals a significant but non-controlling economic interest. This is a compliance-driven transparency filing rather than an indication of an activist intent, reinforced by the certification that holdings are in the ordinary course of business.
TL;DR: Filing accurately reports ownership and voting/dispositive breakdown and includes certification; regulatory disclosure appears complete.
Details include the filers Delaware organization, Los Angeles address, CUSIP G0084W101 and the signature of the Chief Compliance Officer dated 08/13/2025. The statement that the securities "were acquired and are held in the ordinary course of business" is important for distancing the position from intent to influence control. From a compliance perspective, the Schedule 13G/A appears to meet reporting requirements for a sub-5% institutional investor.