Fund 1 Investments, LLC amended a Schedule 13G/A to report beneficial ownership of 425,310 shares of Genesco Inc. common stock, equal to 3.92%. The filing cites 10,858,224 shares outstanding as of March 13, 2026 and shows shared voting and dispositive power over 425,310 shares. The amendment is signed on 05/15/2026 and states holdings are held by private investment vehicles advised by Pleasant Lake Partners LLC; the reporting person disclaims beneficial ownership except for pecuniary interest.
Positive
None.
Negative
None.
Insights
An institutional holder reports a sub-5% stake with shared voting/dispositive control.
Fund 1 Investments, LLC reports beneficial ownership of 425,310 shares representing 3.92% of common stock as of March 13, 2026. The filing attributes holdings to private vehicles advised by Pleasant Lake Partners LLC and states shared voting and dispositive power over the same amount.
Cash-flow treatment or planned transactions are not disclosed in the excerpt; subsequent filings would be needed for trading intent or changes in position.
Disclosure clarifies ownership structure and voting authority for a reporting entity under 5%.
The amendment explains entity relationships: Fund 1 Investments is managing member of Pleasant Lake Partners LLC, with Jonathan Lennon as managing member; the reporting person disclaims broader beneficial ownership except for pecuniary interest. The filing uses the issuer's outstanding share count dated March 13, 2026.
Because the position is under 5%, this filing is routine under ownership reporting rules and does not itself indicate a change in corporate control.
Key Figures
Reported shares beneficially owned:425,310 sharesPercent of class:3.92%Shares outstanding used:10,858,224 shares+3 more
6 metrics
Reported shares beneficially owned425,310 sharesAmount reported by Fund 1 Investments, LLC
Percent of class3.92%Calculated using outstanding shares as of March 13, 2026
Shares outstanding used10,858,224 sharesShares outstanding as of March 13, 2026 per issuer Form 10-K
Shared voting power425,310 sharesShared power to vote reported
Shared dispositive power425,310 sharesShared power to dispose reported
Signature date05/15/2026Date amendment was signed
Key Terms
Schedule 13G/A, beneficial ownership, shared dispositive power
3 terms
Schedule 13G/Aregulatory
"Amendment No. 1; identifies an ownership disclosure schedule"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownershipregulatory
"Amount beneficially owned: 425,310; includes pecuniary interest disclaimer"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared dispositive powerregulatory
"Shared Dispositive Power 425,310.00 indicates authority to direct disposition"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
GENESCO INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
371532102
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
371532102
1
Names of Reporting Persons
Fund 1 Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
425,310.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
425,310.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
425,310.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.92 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (Limited Liability Company)
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
GENESCO INC
(b)
Address of issuer's principal executive offices:
535 Marriott Drive, Nashville, Tennessee, 37214
Item 2.
(a)
Name of person filing:
Fund 1 Investments, LLC
(b)
Address or principal business office or, if none, residence:
100 Carr 115 Unit 1900
Rincon, Puerto Rico 00677
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
371532102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
425,310
(b)
Percent of class:
3.92 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
425,310
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
425,310
Shares reported herein for Fund 1 Investments, LLC are held by private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein.
All percentages reported herein with respect to the Reporting Person's holdings are calculated based upon a statement in the Issuer's Annual Report on Form 10-K for the fiscal year ended January 31, 2026, as filed with the Securities and Exchange Commission on March 25, 2026, that there were 10,858,224 shares of Common Stock of the Issuer outstanding as of March 13, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Item 4.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake did Fund 1 Investments report in Genesco (GCO)?
Fund 1 Investments reported beneficial ownership of 425,310 shares, equal to 3.92% of common stock. The filing cites 10,858,224 shares outstanding as of March 13, 2026 and shows shared voting and dispositive power over those shares.
Who holds voting and dispositive power over the reported Genesco shares?
The filing states the reporting person has shared voting and shared dispositive power over 425,310 shares. Holdings are held by private investment vehicles advised by Pleasant Lake Partners LLC, with Fund 1 Investments as managing member.
Does the amendment say Fund 1 Investments beneficially owns the shares outright?
The filing includes a disclaimer: the reporting person disclaims beneficial ownership except to the extent of pecuniary interest. It attributes the shares to private vehicles for which Pleasant Lake Partners LLC is investment adviser.
What date and filing details anchor the ownership percentages?
Percentages are calculated using 10,858,224 shares outstanding as of March 13, 2026, per the issuer's Form 10-K statement cited in the amendment. The Schedule 13G/A amendment bears a signature dated 05/15/2026.