Hooker Furnishings Corp Schedule 13G shows Donald Smith & Co., Inc. reported beneficial ownership of 1,070,964 shares, representing 9.94% of the common stock. The filing attributes sole voting power of 1,013,596 shares and sole dispositive power of 1,058,996, with DSCO Value Fund, L.P. and John Piermont reported as related persons. The filing states Donald Smith & Co., Inc. acts as investment adviser and that ultimate dividend/proceeds rights rest with its institutional clients.
Positive
None.
Negative
None.
Insights
Institutional adviser reports a near-10% stake in HOFT.
Donald Smith & Co., Inc. discloses beneficial ownership of 1,070,964 shares (9.94%) and records primary voting and dispositive authority for most of those shares. Related entities DSCO Value Fund, L.P. and John Piermont are listed with smaller, specific holdings.
Because the filing frames the position as advisory—stating that dividend and sale rights reside with clients—the trading intent is not asserted here; subsequent filings would show any changes to holdings.
Filing clarifies voting and disposition powers tied to advisory relationships.
The statement that Donald Smith & Co., Inc. "does not serve as custodian" and that ultimate receipt rights are held by institutional clients highlights that the firm reports as adviser, not owner in the economic sense. The filing also notes no single advisory client holds more than 5% of the class.
Disclosure of exact sole voting (1,013,596) and sole dispositive (1,058,996) counts provides clear recordable authorities for corporate governance purposes.
Key Figures
Beneficial ownership:1,070,964 sharesPercent of class:9.94%Sole voting power:1,013,596 shares+3 more
Percent of class9.94%Percent ownership reported on Schedule 13G
Sole voting power1,013,596 sharesSole power to vote as stated in Item 4
Sole dispositive power1,058,996 sharesSole power to dispose as stated in Item 4
DSCO Value Fund holding9,968 sharesReported sole voting/dispositive power for DSCO Value Fund, L.P.
John Piermont holding2,000 sharesReported sole voting/dispositive power for John Piermont
Key Terms
Schedule 13G, Beneficial ownership, Sole dispositive power, Investment adviser
4 terms
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: HOOKER FURNISHINGS Corp"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive powerregulatory
"Item 4. (iii) Sole power to dispose or to direct the disposition"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment adviserfinancial
"Donald Smith & Co., Inc. does not serve as custodian"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
What stake does Donald Smith & Co., Inc. report in HOFT?
They report beneficial ownership of 1,070,964 shares, equal to 9.94% of common stock. The filing lists specific sole voting and dispositive power counts held by the adviser.
Does Donald Smith & Co., Inc. hold economic rights to the HOFT shares?
The filing states the firm acts as an investment adviser and does not serve as custodian; economic receipt of dividends and sale proceeds vests with institutional clients rather than the firm.
Which related persons are named alongside Donald Smith & Co., Inc.?
The schedule lists DSCO Value Fund, L.P. and John Piermont as related persons, with reported sole voting/dispositive powers of 9,968 and 2,000 shares respectively.
What voting and disposition powers are disclosed in the filing?
The filing discloses sole voting power: 1,013,596 shares and sole dispositive power: 1,058,996 shares for Donald Smith & Co., Inc., as reported on the schedule.
Does any single client of the adviser own more than 5% of HOFT?
Donald Smith & Co., Inc. states that, to its knowledge, no single advisory client owns more than 5% of the class for securities reported on this schedule.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
HOOKER FURNISHINGS Corp
(Name of Issuer)
Common
(Title of Class of Securities)
439038100
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
439038100
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
1,013,596.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,058,996.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,070,964.00
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)
9.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
439038100
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
9,968.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,968.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,070,964.00
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)
9.9 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
439038100
1
Names of Reporting Persons
John Piermont
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
2,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
2,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,070,964.00
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)
9.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
HOOKER FURNISHINGS Corp
(b)
Address of issuer's principal executive offices:
440 E COMMONWEALTH BLVD, POB 4708, MARTINSVILLE, VIRGINIA, 24115.
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, 29th Floor
New York, NY 10019
(c)
Citizenship:
A Delaware Corporation
(d)
Title of class of securities:
Common
(e)
CUSIP Number(s):
439038100
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:
1,070,964
(b)
Percent of class:
9.94%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
SOLE POWER TO VOTE:
Donald Smith & Co., Inc. 1,013,596
DSCO Value Fund, L.P. 9,968
John Piermont 2,000
(ii) Shared power to vote or to direct the vote:
SEE ITEM 6
(iii) Sole power to dispose or to direct the disposition of:
SOLE POWER TO DISPOSE:
Donald Smith & Co., Inc. 1,058,996
DSCO Value Fund, L.P. 9,968
John Piermont 2,000
(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 Hooker Furnishings Corporation. No one person?s interest in the Common Stock of Hooker Furnishings Corporation 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.
Donald Smith & Co., Inc. IA
DSCO Value Fund, L.P. PN
John Piermont IN
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.