[SCHEDULE 13D/A] Capital Product Partners L.P. SEC Filing
Schedule 13D/A (Amendment 8) filed for Capital Clean Energy Carriers Corp. (symbol shown as CPLP) details that Yoda PLC and its controlling shareholder Ioannis Papalekas now beneficially own 16,582,335 common shares, equal to 28.24 % of the 58,720,341 shares outstanding (treasury shares excluded). Between 22 Jul 2025 and 29 Jul 2025, Yoda, via wholly-owned Paparebecorp Ltd., purchased 652,350 shares on the open market for an aggregate $15.68 million, financed with working capital. The reporting persons state the investment is for portfolio purposes and they may buy or sell additional shares subject to market conditions. Voting and dispositive power over the full stake is shared between Yoda PLC and Papalekas; neither holds sole power. No other persons have rights to distributions from these shares, and no other transactions occurred in the past 60 days. Signatures were provided by CEO Alon Bar and Ioannis Papalekas on 30 Jul 2025.
- Yoda PLC purchased 652,350 shares for $15.68 M, increasing its beneficial ownership to 28.24 %, indicating continued confidence in the issuer.
- None.
Insights
TL;DR: Yoda PLC raised its position to 28.24%, adding $15.7 M in shares—signals confidence and growing influence.
The filing shows a meaningful incremental purchase—652,350 shares—pushing Yoda PLC’s stake close to a de-facto blocking minority. The $15.68 M outlay, funded from working capital, implies ongoing liquidity and a proactive view on the issuer’s valuation. While the Schedule 13D contains no value or governance proposals, the ability to vote nearly 30 % of shares gives Yoda and Ioannis Papalekas significant leverage in future corporate actions. Investors should monitor whether further accumulation triggers control thresholds or board representation requests.
TL;DR: Single investor’s 28% holding heightens governance considerations but no immediate action disclosed.
With shared voting and dispositive power over 16.6 M shares, Yoda PLC and Papalekas can materially sway shareholder votes. The filing reiterates a passive investment intent, yet reserves the right to alter course, buy or sell, or seek strategic options. No other parties share economic rights, simplifying ownership structure. The lack of recent insider transactions outside this block suggests coordinated accumulation. Governance risk is limited for now, but minority investors should stay alert to any future proposals from this near-control stake.