Fund 1 Investments reports 425,310 Genesco shares (NYSE: GCO)
Rhea-AI Filing Summary
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.
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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
Key Terms
Schedule 13G/A regulatory
beneficial ownership regulatory
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