Schedule 13G: Donald Smith & Co. Discloses 26.2M GNW Shares (6.32%)

Rhea-AI Filing Summary

Donald Smith & Co., Inc. filed a Schedule 13G reporting aggregate beneficial ownership of 26,198,280 shares of Genworth Financial, Inc. (GNW), representing 6.32% of the class. The filing attributes most holdings to Donald Smith & Co., Inc. with 25,454,680 shares subject to sole voting power and 25,952,450 shares subject to sole dispositive power; DSCO Value Fund, L.P. holds 245,830 shares. The filing identifies Donald Smith & Co., Inc. as an investment adviser organized in Delaware and states the securities are held in the ordinary course of business on behalf of institutional clients, with no single client owning more than 5% of the class. The certification affirms the holdings were not acquired to influence control.

Positive

• Transparent disclosure of a 6.32% aggregate stake in GNW, meeting SEC Schedule 13G reporting requirements
• Certification that holdings are in the ordinary course of business and not intended to influence control, clarifying passive intent

Negative

• None.

Insights

Financial Analyst

TL;DR: A 6.32% passive stake reported by an investment adviser, held for clients and certified not to seek control.

The filing shows Donald Smith & Co., Inc. and its DSCO Value Fund collectively hold 26.2 million GNW shares (6.32%). The breakdown indicates the adviser retains substantial sole voting and dispositive power over the bulk of the position, while a small portion is held by the DSCO Value Fund. The statement that no single client owns more than 5% suggests the position arises from aggregated client mandates rather than a concentrated owner. For investors, this is a material ownership disclosure but appears to be passive and advisory in nature, reducing immediate governance implications.

Corporate Governance Expert

TL;DR: Ownership disclosure is material for transparency but indicates no intent to change control.

Donald Smith & Co., Inc. classifies itself as an investment adviser and formally certifies the shares are held in the ordinary course of business and not to influence control. The clear allocation of sole voting and dispositive power to the adviser is important for proxy and voting records, yet the certification and the assertion that no single client exceeds 5% imply limited governance activism. This filing should be noted by GNW for vote tracking but does not signal a change in control dynamics.

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)

06/30/2025

(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 25,454,680.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 25,952,450.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,198,280.00

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)

6.3 %

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 245,830.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 245,830.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,198,280.00

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)

6.3 %

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: Donald Smith & Co., Inc. 152 West 57th Street, 29th Floor 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: 26,198,280
(b)	Percent of class: 6.32%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Donald Smith & Co., Inc. 25,454,680 DSCO Value Fund, L.P. 245,830
	(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. 25,952,450 DSCO Value Fund, L.P. 245,830
	(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.
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. 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. See EXHIBIT A
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.

DONALD SMITH & CO., INC.

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/14/2025

DSCO Value Fund, L.P.

Signature:	Richard L. Greenberg
Name/Title:	CEO and Co-CIO
Date:	08/14/2025

FAQ

What stake did Donald Smith & Co., Inc. disclose in GNW?

The filing reports an aggregate beneficial ownership of 26,198,280 shares, representing 6.32% of Genworth Financial common stock.

Who holds the voting and dispositive power over the GNW shares?

Donald Smith & Co., Inc. is reported to have 25,454,680 shares with sole voting power and 25,952,450 shares with sole dispositive power; DSCO Value Fund, L.P. holds 245,830 shares with sole voting and dispositive power.

Is this filing indicating an attempt to influence Genworth's control?

No; Item 10 certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control.

Are these holdings held on behalf of other clients?

Yes; the filing states the adviser holds securities for institutional clients and that no single client owns more than 5% of the class.

What is the filing date and relevant event date in the Schedule 13G?

The Date of Event requiring the filing is listed as 06/30/2025, and the signatures are dated 08/14/2025.