Goldman Sachs discloses 2.9% Alexander's (NYSE: ALX) equity stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC have filed an amended Schedule 13G reporting beneficial ownership of 146,472.81 shares of Alexander's Inc. common stock, representing 2.9% of the class.
The firms report only shared voting and shared dispositive power over these shares, with no sole authority. They state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Alexander's Inc.
Positive
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FAQ
What stake in Alexander's Inc. (ALX) does Goldman Sachs report on this Schedule 13G/A?
Goldman Sachs reports beneficial ownership of 146,472.81 Alexander's Inc. common shares, equal to 2.9% of the class. Both The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC share voting and dispositive power over these shares, with no sole authority reported for either entity.
Which Goldman Sachs entities are reporting ownership of Alexander's Inc. (ALX)?
The filing lists The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC as reporting persons. GS Group is a Delaware parent holding company, while Goldman Sachs & Co. LLC is a New York broker-dealer and registered investment adviser, and a subsidiary of GS Group.
Is Goldman Sachs’ Alexander's Inc. (ALX) position described as passive or controlling?
The position is described as passive. The certification states the securities were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing control of Alexander's Inc., and not in connection with any transaction having that control-related purpose.
Why is this Schedule 13G/A filing for Alexander's Inc. (ALX) reported as under 5% ownership?
Item 5 confirms ownership of 5 percent or less of the class. The reported beneficial ownership of 146,472.81 shares represents 2.9% of Alexander's Inc. common stock, placing Goldman Sachs below the 5% threshold that typically triggers more extensive Schedule 13D-style disclosure obligations.
What does Exhibit 99.2 in the Alexander's Inc. (ALX) Schedule 13G/A explain about ownership?
Exhibit 99.2 explains that the securities reported by The Goldman Sachs Group, Inc. are owned, or may be deemed beneficially owned, by Goldman Sachs & Co. LLC. It notes Goldman Sachs & Co. LLC is a registered broker-dealer and investment adviser, and a subsidiary of GS Group.