[SCHEDULE 13G] Beazer Homes USA, Inc. New SEC Filing

Rhea-AI Filing Summary

Donald Smith & Co., Inc. reports beneficial ownership of 3,106,887 shares of Beazer Homes USA common stock, equal to 10.25% of the outstanding class. The filing shows Donald Smith & Co., Inc. has sole voting power for 2,977,978 shares and sole dispositive power for 3,062,678 shares, while DSCO Value Fund, L.P., Jon Hartsel and John Piermont hold smaller positions included in the aggregate. The statement asserts these holdings were acquired in the ordinary course of business and are not intended to change or influence control, and that no single client holds more than 5% of the class.

Positive

• Material holding disclosed: Aggregate beneficial ownership of 3,106,887 shares (10.25%) is clearly reported.
• Clear voting/dispositive breakdown: Donald Smith & Co., Inc. reports sole voting power for 2,977,978 shares and sole dispositive power for 3,062,678 shares.
• Declaration of passive intent: Filing states holdings were acquired in the ordinary course and are not intended to change or influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: A material 10.25% disclosed stake is significant for shareholder composition but the filer states a passive, non-activist intent.

The Schedule 13G shows an aggregate beneficial holding of 3,106,887 shares (10.25%). For market participants, a >10% position by an investment adviser group is material to ownership tables and can influence trading liquidity and investor attention. The filing documents clear allocation of voting and dispositive power, concentrated mostly with Donald Smith & Co., Inc. The explicit assertion that holdings are in the ordinary course and not for control purposes reduces immediate governance concerns, though markets may reassess if future amendments indicate change in intent.

Corporate Governance Expert

TL;DR: The disclosed stake is material to governance profiles; declared passive intent mitigates, but monitoring for future changes is warranted.

The report identifies Donald Smith & Co., Inc. as the primary reporting person with sole voting power over 2,977,978 shares and sole dispositive power over 3,062,678 shares, embedded in a 10.25% aggregate position. From a governance perspective, the form is filed under a passive schedule and contains the signed certification that holdings are not intended to influence control, which is typical for non-activist institutional positions. This filing is informational and does not on its face signal an intent to propose board changes or pursue activism.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BEAZER HOMES USA INC

(Name of Issuer)

Common

(Title of Class of Securities)

07556Q881

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 07556Q881

1

Names of Reporting Persons

DONALD SMITH & CO., INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,977,978.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,062,678.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,106,887.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 07556Q881

1

Names of Reporting Persons

DSCO Value Fund, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 28,259.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 28,259.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,106,887.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 07556Q881

1

Names of Reporting Persons

Jon Hartsel

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,700.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,700.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,106,887.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 07556Q881

1

Names of Reporting Persons

John Piermont

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 6,250.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,250.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,106,887.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BEAZER HOMES USA INC
(b)	Address of issuer's principal executive offices: 2002 SUMMIT BLVD NE, 15TH FLOOR, ATLANTA, GEORGIA, 30319.
Item 2.
(a)	Name of person filing: Donald Smith & Co., Inc.
(b)	Address or principal business office or, if none, residence: 152 West 57th Street, 29th Floor New York, NY 10019
(c)	Citizenship: A Delaware Corporation
(d)	Title of class of securities: Common
(e)	CUSIP No.: 07556Q881
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,106,887
(b)	Percent of class: 10.25%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Donald Smith & Co., Inc. 2,977,978 DSCO Value Fund, L.P. 28,259 Jon Harsel 9,700 John Piermont 6,250
	(ii) Shared power to vote or to direct the vote: SEE ITEM 6
	(iii) Sole power to dispose or to direct the disposition of: Donald Smith & Co., Inc. 3,062,678 DSCO Value Fund, L.P. 28,259 Jon Harsel 9,700 John Piermont 6,250
	(iv) Shared power to dispose or to direct the disposition of: SEE ITEM 6
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Donald Smith & Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client?s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor. Any and all discretionary authority which has been delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time. To the knowledge of Donald Smith & Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith & Co., Inc., not more than 5% of the class of such securities is owned by any one client.2. With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of Beazer Homes USA Inc. No one person?s interest in the Common Stock of Beazer Homes USA Inc. is more than five percent of the total outstanding Common Stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See EXHIBIT A
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DONALD SMITH & CO., INC.

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/13/2025

DSCO Value Fund, L.P.

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/13/2025

Jon Hartsel

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/13/2025

John Piermont

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/13/2025

FAQ

How many Beazer Homes (BZH) shares does Donald Smith & Co. beneficially own?

The filing reports 3,106,887 shares beneficially owned, representing 10.25% of the class.

What voting and dispositive powers are reported by Donald Smith & Co.?

Donald Smith & Co., Inc. reports sole voting power for 2,977,978 shares and sole dispositive power for 3,062,678 shares.

Does the Schedule 13G indicate activist intent by the filer?

No. The filing includes a certification that the securities were acquired and are held in the ordinary course of business and are not intended to change or influence control of the issuer.

Which other reporting persons are included in the aggregate stake?

The aggregate includes positions by DSCO Value Fund, L.P. (28,259 shares), Jon Hartsel (9,700), and John Piermont (6,250), along with Donald Smith & Co., Inc.

Does any single client of Donald Smith & Co. own more than 5% of Beazer Homes?

The filing states that, to the knowledge of Donald Smith & Co., no one client owns more than 5% of the class.