[SCHEDULE 13G/A] Canada Goose Holdings Inc. SEC Filing
Ameriprise Financial, Inc. and Ameriprise Financial Services, LLC report ownership of subordinate voting shares of Canada Goose Holdings Inc. Together they disclose aggregate holdings of roughly 2,342,761 shares (reported by AFI) representing 5.1% of the subordinate voting class (CUSIP 135086106) as of the event date 06/30/2025. The disclosed positions reflect shared voting power (AFI: 2,330,996; AFS: 2,330,772) and shared dispositive power (AFI: 2,342,761; AFS: 2,342,537), with no sole voting or dispositive power reported.
The filing notes AFI is the parent of AFS and may be deemed to beneficially own the shares reported by AFS, while each disclaims beneficial ownership of the reported shares. The Schedule includes exhibits identifying the subsidiary that acquired the securities and a joint filing agreement, and contains the certification that the securities were acquired in the ordinary course of business and not to influence control.
- Disclosure of an aggregate holding of 2,342,761 shares (~5.1% of the class), meeting SEC transparency requirements
- Detailed reporting of shared voting power (AFI: 2,330,996; AFS: 2,330,772) and shared dispositive power (AFI: 2,342,761; AFS: 2,342,537)
- Filing includes exhibits identifying the subsidiary that acquired the securities and a joint filing agreement
- No sole voting or sole dispositive power reported; all authority is shared
- Reported stake of 5.1% is material for disclosure but remains a modest, non-controlling position
Insights
Ameriprise reports a modest, passive 5.1% stake in Canada Goose via shared voting and dispositive power.
The filing discloses concrete positions: AFI reports aggregate beneficial ownership of 2,342,761 shares (~5.1%) with shared voting power of 2,330,996 and shared dispositive power of 2,342,761. AFS reports nearly identical figures. These levels cross the 5% reporting threshold and provide transparency about institutional exposure, but the absence of sole voting or dispositive control indicates this is a non-controlling, likely passive position. The parent/subsidiary relationship is disclosed and each party expressly disclaims beneficial ownership, limiting immediate implications for governance or operational strategy.
Shared voting/dispositive power and disclaimers suggest limited influence and no declared intent to change control.
The Schedule explicitly states that the reported holdings reflect shared rather than sole control and that AFI may be deemed to beneficially own shares reported by its subsidiary AFS while both disclaim direct beneficial ownership. Item 10 certification affirms acquisition in the ordinary course and not for the purpose of changing control. The inclusion of Exhibit I (subsidiary identification) and a joint filing agreement provides standard disclosure completeness. From a governance standpoint, this filing signals a sizable institutional stake but not an activist or control-seeking position.