Grantham (IA) discloses 6.8% stake in Green Plains (GPRE)
Rhea-AI Filing Summary
Grantham, Mayo, Van Otterloo & Co. LLC reports beneficial ownership of 4,452,363 shares of Green Plains Inc. common stock, representing 6.8% of the class. The filing is a Schedule 13G amendment and identifies the filer as an investment adviser (IA) with sole voting and sole dispositive power over the reported shares. The statement certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
No group affiliation, parent holding company, or subsidiary acquisition is indicated in the filing; items addressing group membership and related disclosures are marked Not Applicable.
Positive
- Reported beneficial ownership of 4,452,363 shares, representing 6.8% of GPRE's common stock
- Filer identified as an investment adviser (IA) with sole voting and sole dispositive power over the reported shares
Negative
- None.
Insights
TL;DR: Institutional investor reports a material 6.8% stake in GPRE with sole voting and dispositive control; disclosure is material but routine.
The Schedule 13G/A shows Grantham holds 4,452,363 shares, equal to 6.8% of outstanding common stock, and reports sole voting and dispositive power. Because this is a 13G amendment by an entity classified as an investment adviser, the filing is a standard disclosure of a passive institutional position rather than an activist 13D campaign. The position size crosses the 5% reporting threshold and therefore is material to holders and analysts tracking institutional ownership and potential voting influence.
TL;DR: IA reports sole control over a sizable 6.8% stake; certification claims holdings are not intended to change control.
The filing confirms sole voting and dispositive authority, which means the adviser can exercise voting rights without sharing control. The issuer, Green Plains Inc., will record an institutional holder with potential shareholder influence at proxies or votes. The filer explicitly states the shares are held in the ordinary course of business and not to influence control, and the filing lists no group or parent company involvement, simplifying ownership mapping for governance review.