Renaissance Technologies reports 5.20% CVGI stake in Schedule 13G filing
Rhea-AI Filing Summary
Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation report beneficial ownership of 1,956,659 shares of Commercial Vehicle Group, Inc. common stock on a Schedule 13G. This represents 5.20% of the outstanding common stock.
The filing states that these entities have sole voting power and sole dispositive power over all 1,956,659 shares, with no shared voting or dispositive power. Certain funds managed by Renaissance Technologies LLC have the right to receive dividends and sale proceeds from these shares.
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Key Figures
Beneficially owned shares: 1,956,659 shares
Percent of class: 5.20%
Sole voting power: 1,956,659 shares
+1 more
4 metrics
Beneficially owned shares
1,956,659 shares
Common stock of Commercial Vehicle Group, Inc. reported on Schedule 13G
Percent of class
5.20%
Portion of Commercial Vehicle Group common stock beneficially owned
Sole voting power
1,956,659 shares
Shares over which Renaissance entities have sole power to vote
Sole dispositive power
1,956,659 shares
Shares over which Renaissance entities have sole power to dispose
Key Terms
Schedule 13G, beneficially owned, sole voting power, dispositive power, +1 more
5 terms
Schedule 13G regulatory
"This is being filed by Renaissance Technologies LLC ("RTC") and Renaissance Technologies Holdings"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 1956659 (b) | Percent of class: 5.20 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 1,956,659.00 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.
dispositive power financial
"Sole Dispositive Power 1,956,659.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of class financial
"Amount beneficially owned: 1956659 (b) | Percent of class: 5.20 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Commercial Vehicle Group (CVGI) does Renaissance Technologies own?
Renaissance Technologies reports beneficial ownership of 5.20% of Commercial Vehicle Group’s common stock, totaling 1,956,659 shares. This stake gives them sole voting and sole dispositive power over all reported shares, according to the Schedule 13G.
Who filed the Schedule 13G for Commercial Vehicle Group (CVGI)?
The Schedule 13G is filed jointly by Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation. Both entities are organized in Delaware and report identical ownership: 1,956,659 CVGI shares with sole voting and dispositive power.
AI-generated analysis. How Rhea-AI works. Not financial advice.