CECO Environmental (CECO): American Century group reports 3.6% ownership stake
Rhea-AI Filing Summary
American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research report passive ownership of CECO Environmental Corp. common stock on a Schedule 13G/A. The group reports beneficial ownership of 2,088,421 shares, representing 3.6% of CECO’s common stock.
They report sole voting power over 1,564,938 shares and sole dispositive power over 2,088,421 shares, with no shared voting or dispositive power. The filing notes that each individual client advised by American Century generally holds less than 5% of the class.
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Key Figures
Beneficial ownership: 2,088,421 shares
Percent of class: 3.6%
Sole voting power: 1,564,938 shares
+3 more
6 metrics
Beneficial ownership
2,088,421 shares
Shares of CECO Environmental Corp. common stock beneficially owned by reporting group
Percent of class
3.6%
Percentage of CECO Environmental common stock class beneficially owned
Sole voting power
1,564,938 shares
Shares over which the filers have sole power to vote
Shared voting power
0 shares
Shares over which the filers have shared power to vote
Sole dispositive power
2,088,421 shares
Shares over which the filers have sole power to dispose
Shared dispositive power
0 shares
Shares over which the filers have shared power to dispose
Key Terms
beneficial owner, sole voting power, sole dispositive power, Investment Advisers Act of 1940, +1 more
5 terms
beneficial owner financial
"that is a beneficial owner of securities that are subject of this schedule"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"5 | Sole Voting Power 1,564,938.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 2,088,421.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Act of 1940 regulatory
"an investment adviser registered under Section 203 of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
FAQ
What ownership stake in CECO (CECO) does American Century report?
American Century-related entities report beneficial ownership of 2,088,421 CECO shares, representing 3.6% of the common stock. This reflects their passive institutional position as disclosed in the Schedule 13G/A amendment.
Who are the reporting persons in this CECO (CECO) Schedule 13G/A?
The reporting persons are American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research, which controls American Century Companies and indirectly ACIM.
Does any single American Century client own over 5% of CECO (CECO)?
The filing states that no single ACIM client owns more than 5% of CECO’s common stock. Various investment companies and separate institutional accounts advised by ACIM hold the reported shares.
What is the role of the Stowers Institute regarding CECO (CECO) ownership?
The Stowers Institute for Medical Research is identified as the control entity of American Century Companies, Inc., whose subsidiary ACIM is the investment adviser that beneficially owns the CECO shares reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.