Donald Smith & Co., Inc. filed a Schedule 13G reporting beneficial ownership of 23,775,853 shares, or 5.95% of Genworth Financial Inc. common stock as of 12/31/2025. The filing is made on behalf of Donald Smith & Co., Inc. and DSCO Value Fund, L.P.
The shares are held for institutional clients in the ordinary course of business, not to change or influence control of Genworth. Donald Smith & Co., Inc. has sole voting power over 23,048,510 shares and sole dispositive power over 23,546,280 shares, with no shared voting or dispositive power reported.
Positive
None.
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Insights
Institutional holder reports a passive 5.95% Genworth stake.
Donald Smith & Co., Inc., a Delaware investment adviser, reports beneficial ownership of 23,775,853 Genworth Financial Inc. common shares, representing 5.95% of the class as of 12/31/2025. The position is reported on a Schedule 13G, which is used for passive holdings.
The firm states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Genworth. Voting and economic rights largely rest with underlying institutional clients, each with less than 5% of the class, while Donald Smith & Co., Inc. exercises investment discretion.
This disclosure signals that a value-focused institutional investor has a meaningful but non-controlling stake in Genworth. Future ownership updates in subsequent beneficial ownership filings could show whether this stake increases, decreases, or remains relatively stable over subsequent reporting dates.
What stake in Genworth Financial Inc. (GNW) does Donald Smith & Co., Inc. report?
Donald Smith & Co., Inc. reports beneficial ownership of 23,775,853 Genworth Financial common shares, representing 5.95% of the outstanding class as of December 31, 2025. This makes it a significant but non-controlling institutional shareholder under U.S. securities disclosure rules.
Which entities are the reporting persons in this Genworth (GNW) Schedule 13G filing?
The Schedule 13G names two reporting persons: Donald Smith & Co., Inc., a Delaware corporation and investment adviser, and DSCO Value Fund, L.P., a Delaware limited partnership. Both report holdings in Genworth Financial common stock under Rule 13d-1(b) as institutional investors.
How much voting and dispositive power over Genworth (GNW) shares is reported?
Donald Smith & Co., Inc. reports sole voting power over 23,048,510 Genworth shares and sole dispositive power over 23,546,280 shares. DSCO Value Fund, L.P. reports sole voting and dispositive power over 229,573 shares. No shared voting or shared dispositive power is disclosed for either reporting person.
Is the Donald Smith & Co., Inc. Genworth (GNW) investment a passive holding?
Yes. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Genworth. The use of Schedule 13G, rather than 13D, also indicates a passive intent.
Do individual clients of Donald Smith & Co., Inc. own more than 5% of Genworth (GNW)?
The filing states that, to Donald Smith & Co., Inc.’s knowledge, no single advisory client owns more than 5% of Genworth’s common stock. Economic rights to dividends and sale proceeds belong to clients or their custodians, while the adviser holds discretionary investment authority.
What is DSCO Value Fund, L.P.’s role in the Genworth (GNW) position?
DSCO Value Fund, L.P., a Delaware limited partnership, is listed as a reporting person with sole voting and dispositive power over 229,573 Genworth shares. It forms part of the aggregated 23,775,853 shares reported, which together represent 5.95% of Genworth’s common stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GENWORTH FINANCIAL INC
(Name of Issuer)
Common
(Title of Class of Securities)
37247D106
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
37247D106
1
Names of Reporting Persons
DONALD SMITH & CO., INC.
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
23,048,510.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
23,546,280.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
23,775,853.00
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)
6.0 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
37247D106
1
Names of Reporting Persons
DSCO Value Fund, L.P.
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
229,573.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
229,573.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
23,775,853.00
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)
6.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
GENWORTH FINANCIAL INC
(b)
Address of issuer's principal executive offices:
11011 WEST BROAD STREET, GLEN ALLEN, VIRGINIA, 23060.
Item 2.
(a)
Name of person filing:
Donald Smith & Co.,Inc.
(b)
Address or principal business office or, if none, residence:
152 West 57th Street
New York, NY 10019
(c)
Citizenship:
A Delaware Corporation
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
37247D106
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:
23,775,853
(b)
Percent of class:
5.95%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Donald Smith & Co., Inc. 23,048,510
DSCO Value Fund, L.P. 229,573
(ii) Shared power to vote or to direct the vote:
SEE ITEM 6
(iii) Sole power to dispose or to direct the disposition of:
Donald Smith & Co., Inc. 23,546,280
DSCO Value Fund, L.P. 229,573
(iv) Shared power to dispose or to direct the disposition of:
SEE ITEM 6
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
1. Donald Smith & Co., Inc. does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client?s custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor. Any and all discretionary authority which has been delegated to Donald Smith & Co., Inc. may be revoked in whole or in part at any time. To the knowledge of Donald Smith & Co., Inc., with respect to all securities reported in this schedule owned by advisory clients of Donald Smith & Co., Inc., not more than 5% of the class of such securities is owned by any one client. 2. With respect to the remaining securities owned, various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of Genworth Financial Inc. No one person?s interest in the Common Stock of Genworth Financial Inc. is more than five percent of the total outstanding Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
RULE 13d-1(f)(1) EXHIBIT A:
Donald Smith & Co., Inc. IA
DSCO Value Fund, L.P. PN
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.
