Turtle Creek Asset Management Inc. reports beneficial ownership of 7,590,538 common shares of ATS Corp (CUSIP 00217Y104), representing 7.8% of the class. Turtle Creek states it has sole voting and dispositive power over these shares and holds them for the benefit of mutual fund unitholders it manages. The filing identifies Turtle Creek as an investment adviser organized in Canada and confirms the shares were acquired and are held in the ordinary course of business, not to influence control of ATS.
EdgePoint Investment Group Inc. filed an amendment to Schedule 13G reporting beneficial ownership in ATS Corporation common shares. EdgePoint owns 6,434,005 shares, representing 6.59% of the class. Of those shares, EdgePoint has sole voting and dispositive power over 5,560,038 shares and shared voting and dispositive power over 873,967 shares. The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of ATS.
Bank of Nova Scotia (BNS) has filed a Schedule 13G reporting a passive equity position in ATS Corp (ATS) as of 30 Jun 2025.
- Shares owned: 1,443,772 common shares
- Ownership: 1.479 % of outstanding stock
- Voting/Dispositive power: Sole power over 100 % of the reported shares; no shared power
- Filing basis: Rule 13d-1(b) – institutional investor holding in the ordinary course of business
- Reporting person: Bank of Nova Scotia, a federally chartered Canadian bank
The stake is below the 5 % threshold, so the bank’s intent is deemed non-activist and it is not seeking to influence control. While modest in size, the disclosure adds another recognized financial institution to ATS’s shareholder roster, potentially broadening the company’s institutional base without triggering change-in-control concerns.