[SCHEDULE 13G/A] Enovis Corporation SEC Filing
Davenport & Co LLC reported beneficial ownership of 2,756,270 shares of Enovis common stock, representing 4.83% of the class. The filer discloses sole voting power over 2,730,225 shares and sole dispositive power over 2,756,145 shares. The statement is filed on Schedule 13G as an investment adviser and indicates the holding is 5% or less of the class.
This filing also contains a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- None.
- None.
Insights
TL;DR: A sub-5% institutional stake was reported, showing a modest position without control intent.
The Schedule 13G/A shows Davenport & Co LLC beneficially owns 2,756,270 shares (4.83%) of Enovis with substantial sole voting and dispositive power noted. Because the filing is a 13G and Item 10 includes a certification of ordinary-course holdings, this indicates a passive investment rather than an active control effort. For most investors, a 4.83% stake is notable for disclosure but not typically material to governance or control.
TL;DR: Disclosure signals transparency; ownership below 5% limits immediate governance impact.
The filing explicitly classifies the filer as an investment adviser and records sole voting power for 2,730,225 shares. The certifying language states the position is held in the ordinary course and not to influence control, which aligns with a passive reporting posture. Given the 5% threshold remains unmet, the filing does not, by itself, trigger heightened governance concerns or control-related filings.