Dimensional Fund Advisors (BFIN) discloses 5.6% BankFinancial ownership
Rhea-AI Filing Summary
Dimensional Fund Advisors LP filed an amended Schedule 13G reporting its beneficial ownership position in BankFinancial Corp common stock. Dimensional reports beneficial ownership of 700,583 shares, representing 5.6% of the outstanding common stock. It has sole voting power over 683,301 shares and sole dispositive power over 700,583 shares, with no shared voting or dispositive power.
The filing explains that these shares are actually owned by various investment funds and accounts advised or sub-advised by Dimensional and its subsidiaries (the “Funds”). Dimensional may be deemed a beneficial owner because it has voting and/or investment power, but it disclaims beneficial ownership of all such securities. The Funds have the right to receive dividends and sale proceeds, and, to Dimensional’s knowledge, no single Fund holds more than 5% of the class. Dimensional also certifies the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of BankFinancial.
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FAQ
How many BankFinancial Corp (BFIN) shares does Dimensional Fund Advisors report owning?
Dimensional Fund Advisors LP reports beneficial ownership of 700,583 shares of BankFinancial Corp common stock. It has sole voting power over 683,301 of those shares and sole dispositive power over 700,583 shares.
What percentage of BankFinancial Corp (BFIN) does Dimensional Fund Advisors beneficially own?
Dimensional Fund Advisors LP reports that the 700,583 shares it beneficially owns represent 5.6% of BankFinancial Corp’s outstanding common stock.
In what capacity is Dimensional Fund Advisors LP holding BankFinancial Corp (BFIN) shares?
Dimensional Fund Advisors LP is an investment adviser that furnishes investment advice and acts as investment manager or sub-adviser to various funds and separate accounts. The BankFinancial shares are owned by these Funds, for which Dimensional has voting and/or investment power.
Does Dimensional Fund Advisors LP claim full beneficial ownership of its BankFinancial Corp (BFIN) position?
No. Although Dimensional may be deemed the beneficial owner because it has voting and/or investment power, it explicitly disclaims beneficial ownership of all BankFinancial securities reported, which are owned by the Funds.
Are any individual Funds advised by Dimensional holding more than 5% of BankFinancial Corp (BFIN)?
No. Dimensional states that, to its knowledge, the interest of any one Fund in BankFinancial Corp does not exceed 5% of the class of common stock.
Is Dimensional Fund Advisors LP seeking to influence control of BankFinancial Corp (BFIN)?
Dimensional certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of BankFinancial Corp, nor in connection with any transaction having that purpose or effect.
What type of reporting person is Dimensional Fund Advisors LP in this BankFinancial Corp (BFIN) filing?
Dimensional Fund Advisors LP is classified as an investment adviser (IA) and is a Delaware limited partnership.