Wasatch Advisors Files 13G/A Showing No Stake in GCM Grosvenor (GCMG)
Rhea-AI Filing Summary
Wasatch Advisors LP reports no beneficial ownership in GCM Grosvenor Inc. The Schedule 13G/A amendment discloses Wasatch beneficially owns 0 shares of Class A common stock, representing 0.0% of the class, with 0 sole voting power, 0 shared voting power, 0 sole dispositive power and 0 shared dispositive power. Item 5 confirms ownership of 5 percent or less of the class.
Wasatch is identified as a Delaware investment adviser (type IA) and certifies the securities are held in the ordinary course of business and not to influence control. The filing therefore clarifies Wasatch does not hold a reportable economic or voting stake in GCM Grosvenor at this time.
Positive
- Clear disclosure that Wasatch Advisors LP holds 0 shares (0.0%), removing uncertainty about its stake
- Certification that holdings (none) are held in the ordinary course of business and not to influence control
Negative
- None.
Insights
TL;DR: Filing confirms Wasatch holds no economic or voting position in GCM Grosvenor.
The Schedule 13G/A plainly states Wasatch Advisors LP beneficially owns 0 shares (0.0%) of GCM Grosvenor Class A common stock and reports 0 voting and dispositive powers. As an entity classified IA, the filing includes the standard certification that holdings are in the ordinary course of business and not for control purposes. From a market-impact perspective, this disclosure removes any ambiguity about Wasatch as a stakeholder and is neutral for shareholder control dynamics.
TL;DR: No governance influence from Wasatch; filing documents non‑ownership and ordinary‑course intent.
The amendment identifies Wasatch Advisors LP as a Delaware investment adviser and reports 0 sole or shared voting and dispositive powers, signaling no capacity to affect board composition or corporate actions. The explicit certification that the securities are not held to change or influence control confirms Wasatch is not an activist or control participant with respect to this issuer. This is a routine disclosure with no material governance implications.