Ancora cuts Ampco Pittsburgh (AP) stake to 4.2%, below 5%
Ancora filed Amendment No. 3 to its Schedule 13D on Ampco Pittsburgh (AP), reporting reduced beneficial ownership below the 5% threshold.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Ancora filed Amendment No. 3 to its Schedule 13D on Ampco Pittsburgh (AP), reporting reduced beneficial ownership below the 5% threshold. Mr. Fredrick DiSanto beneficially owns 857,065 shares (4.2%), including 72,633 shares held directly. Ancora Alternatives LLC and Ancora Holdings Group, LLC may each be deemed to beneficially own 784,432 shares (3.9%) across Ancora Merlin, Ancora Merlin Institutional, Ancora Catalyst, and Ancora Catalyst Institutional.
The filing states the group ceased to beneficially own more than 5% as of November 13, 2025. Shares outstanding were 20,326,389 as of November 7, 2025, per the company’s recent quarterly report.
Insights
Ancora’s stake falls below 5%, signaling reduced influence.
Ancora reports combined beneficial ownership of 784,432 shares (3.9%) through affiliated funds, while Fredrick DiSanto reports 857,065 shares (4.2%) including 72,633 directly held. Falling below 5% ends the group’s status as a >5% holder.
This matters because Schedule 13D filers often engage actively; a sub-5% position generally implies less leverage. Actual influence depends on future holdings and any governance initiatives disclosed elsewhere.
The filing specifies the Nov 13, 2025 crossover date and anchors percentages to 20,326,389 shares outstanding as of Nov 7, 2025. Subsequent filings may provide updated ownership levels if activity continues.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ancora disclose in its Schedule 13D/A for Ampco Pittsburgh (AP)?
When did Ancora fall below the 5% threshold in AP?
How much does Fredrick DiSanto hold directly in AP?
Which Ancora funds are included in the AP position?
AI-generated analysis. How Rhea-AI works. Not financial advice.