Dodge & Cox reports 4.1% Credicorp (NYSE: BAP) stake in 13G/A
Rhea-AI Filing Summary
Dodge & Cox has updated its ownership in Credicorp Ltd. common shares, reporting beneficial ownership of 3,870,940 shares, or 4.1% of the class. It holds sole voting power over 3,748,155 shares and sole dispositive power over 3,870,940 shares, with no shared voting or dispositive power.
The filing indicates ownership of 5 percent or less of the class and states that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Credicorp Ltd.
Positive
- None.
Negative
- None.
Insights
Dodge & Cox reports a 4.1% passive stake in Credicorp, below the 5% threshold.
Dodge & Cox reports beneficial ownership of 3,870,940 Credicorp common shares, representing
The statement characterizes this as ownership of 5 percent or less of the class and certifies the position is held in the ordinary course of business, not to change or influence control. This aligns with a passive institutional investment stance under the Schedule 13G framework.
The key factor for investors is that this is a sizeable but minority position by a well-known institutional manager, with no control intent indicated. Any future material changes in percentage ownership would be expected to appear in subsequent beneficial ownership disclosures.
FAQ
How many Credicorp Ltd. (BAP) shares does Dodge & Cox report owning?
Dodge & Cox reports beneficial ownership of 3,870,940 Credicorp Ltd. common shares. The filing also shows sole voting power over 3,748,155 shares and sole dispositive power over all 3,870,940 shares, indicating full decision authority over sale of the reported holdings.
What percentage of Credicorp Ltd. (BAP) does Dodge & Cox beneficially own?
Dodge & Cox reports beneficial ownership of 4.1% of Credicorp Ltd.’s common shares. The filing also notes this as ownership of 5 percent or less of the class, signaling a sizable but non-controlling institutional position in the company.
Does Dodge & Cox share voting or dispositive power over Credicorp Ltd. (BAP) shares?
The filing shows no shared voting or dispositive power. Dodge & Cox has sole voting power over 3,748,155 shares and sole dispositive power over 3,870,940 shares, meaning only it directs how these reported shares are voted and potentially sold.
Is Dodge & Cox’s Credicorp Ltd. (BAP) stake intended to influence control of the company?
No. Dodge & Cox certifies the Credicorp shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a passive institutional investment disclosed on Schedule 13G.
Why is Dodge & Cox filing a Schedule 13G/A for Credicorp Ltd. (BAP)?
A Schedule 13G/A is used to update beneficial ownership information. Dodge & Cox reports 3,870,940 Credicorp shares, or 4.1% of the class, and certifies this is a passive, ordinary-course holding without intent to influence control of the issuer.
What does “ownership of 5 percent or less” mean for Dodge & Cox’s Credicorp (BAP) position?
The filing’s “ownership of 5 percent or less of a class” statement confirms Dodge & Cox’s 4.1% stake is below the 5% regulatory threshold associated with larger control-oriented positions, reinforcing its disclosure as a passive institutional shareholder.