Kayne Anderson Rudnick (ANDG) reports 6.7% stake in Andersen Group common stock
Rhea-AI Filing Summary
Kayne Anderson Rudnick Investment Management, LLC reported beneficial ownership of 898,626 shares of Andersen Group Inc. common stock on a Schedule 13G. This represents 6.7% of the outstanding common stock, indicating Kayne Anderson Rudnick is a significant institutional shareholder.
The firm has sole voting power over 536,087 shares and shared voting power over 191,144 shares. It holds sole dispositive power over 707,482 shares and shared dispositive power over 191,144 shares, reflecting the extent of its control over voting and disposition of these securities.
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Key Figures
Beneficial ownership: 898,626 shares
Percent of class: 6.7%
Sole voting power: 536,087 shares
+3 more
6 metrics
Beneficial ownership
898,626 shares
Total Andersen Group Inc. common shares beneficially owned by Kayne Anderson Rudnick
Percent of class
6.7%
Portion of Andersen Group Inc. common stock class held by Kayne Anderson Rudnick
Sole voting power
536,087 shares
Shares for which Kayne Anderson Rudnick has sole power to vote or direct the vote
Shared voting power
191,144 shares
Shares for which Kayne Anderson Rudnick has shared power to vote or direct the vote
Sole dispositive power
707,482 shares
Shares for which Kayne Anderson Rudnick has sole power to dispose or direct disposition
Shared dispositive power
191,144 shares
Shares for which Kayne Anderson Rudnick has shared power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, shared voting power, sole dispositive power, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 898,626"
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
"Sole power to vote or to direct the vote: 536,087"
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
"Sole power to dispose or to direct the disposition of: 707,482"
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.
FAQ
What percentage of Andersen Group Inc. (ANDG) does Kayne Anderson Rudnick own?
Kayne Anderson Rudnick Investment Management, LLC reports owning 6.7% of Andersen Group Inc. common stock. This corresponds to 898,626 shares beneficially owned, making it a significant institutional holder in the company’s equity.
What voting power does Kayne Anderson Rudnick have in Andersen Group Inc. (ANDG)?
Kayne Anderson Rudnick has sole voting power over 536,087 Andersen Group shares and shared voting power over 191,144 shares. These figures define the extent of its ability to vote or direct the voting of the stock.
What dispositive power does Kayne Anderson Rudnick report over Andersen Group Inc. (ANDG) shares?
Kayne Anderson Rudnick reports sole dispositive power over 707,482 Andersen Group shares and shared dispositive power over 191,144 shares. Dispositive power refers to the ability to dispose of or direct the disposition of the securities.
Who signed the Schedule 13G filing for Andersen Group Inc. (ANDG)?
The Schedule 13G was signed by Michael Shoemaker, Chief Compliance Officer of Kayne Anderson Rudnick Investment Management, LLC. The signature confirms the accuracy of the reported beneficial ownership and related voting and dispositive powers.
AI-generated analysis. How Rhea-AI works. Not financial advice.