Grantham, Mayo Reports 6.16% Stake in Array Technologies (9.4M Shares)
Rhea-AI Filing Summary
Grantham, Mayo, Van Otterloo & Co. LLC filed an amended Schedule 13G reporting beneficial ownership of 9,403,672 shares of Array Technologies Inc. common stock, representing 6.16% of the outstanding class. The filing shows the reporting person has sole voting and dispositive power over these shares and is classified as an Investment Adviser (IA). The statement includes a certification that the securities are held in the ordinary course of business and were not acquired to influence control of the issuer. This disclosure documents a material, passive stake in ARRY and provides transparent ownership detail for the market.
Positive
- 9,403,672 shares (6.16%) disclosed, a material ownership stake that provides clear transparency to the market
- Reporting person classified as Investment Adviser (IA) and certifies holdings are in the ordinary course and not to influence control
Negative
- None.
Insights
TL;DR: GMO holds a material, passive 6.16% stake in ARRY with sole voting/dispositive power—disclosed under Schedule 13G/A.
The amended Schedule 13G shows Grantham, Mayo, Van Otterloo & Co. LLC beneficially owns 9,403,672 shares of Array Technologies, equal to 6.16% of the class. The filing indicates sole voting and dispositive power, and the filer is classified as an Investment Adviser (IA). The included certification expressly states the holdings are in the ordinary course of business and not for the purpose of changing or influencing control, which aligns with a passive investment posture. For investors, this is a material ownership disclosure but not a change in control signal.
TL;DR: A material >5% position is disclosed, but the filer certifies no intent to influence control, indicating passive ownership.
The filing documents a significant ownership position—9,403,672 shares (6.16%)—while explicitly certifying the stake is not held to affect control of Array Technologies. The reporting person asserts sole voting and dispositive authority, which clarifies who exercises shareholder rights. Classification as an IA and the Schedule 13G/A format are consistent with passive disclosure obligations rather than active acquisition for governance influence. This provides clarity on shareholder composition without signaling imminent governance action.