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[SCHEDULE 13G] Hooker Furnishings Corporation SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

Donald Smith & Co., Inc., DSCO Value Fund, L.P., and John Piermont filed a Schedule 13G reporting collective beneficial ownership of 984,761 shares of Hooker Furnishings Corporation common stock, representing approximately 9.21% of the class as of the filing date. The filing breaks out sole voting power and dispositive power: Donald Smith & Co., Inc. reports 940,876 shares with sole voting power and 973,776 shares with sole dispositive power; DSCO Value Fund reports 8,985 shares; John Piermont reports 2,000 shares.

The filing states the shares are held in the ordinary course of business and not for the purpose of changing control. Donald Smith & Co., Inc. is identified as a Delaware investment adviser and notes that no single advisory client owns more than 5% of the class; signatures are provided by Richard L. Greenberg (CEO and Co-CIO).

Positive
  • Material disclosure of a >5% position (984,761 shares, ~9.21%), providing market transparency
  • Clear allocation of sole voting and dispositive power by reporting persons (detailed share counts)
  • Certification that holdings are in the ordinary course of business and not intended to change control
Negative
  • None.

Insights

TL;DR: A registered investment adviser and affiliated fund disclosed a combined ~9.21% stake in HOFT, a sizable passive holding that must be monitored by investors.

The Schedule 13G shows an aggregate position of 984,761 shares (9.21%), primarily reported under Donald Smith & Co., Inc.'s sole voting and dispositive authority. The filing indicates holdings are managed in the ordinary course and not intended to influence control, consistent with a passive investor profile. For valuation and market-impact analysis, compare the reported share count to Hooker Furnishings' outstanding share base and recent trading volumes to assess liquidity and potential influence on pricing. The adviser clarifies no single client exceeds 5%, implying diversified client-level exposure rather than concentration with one beneficial owner.

TL;DR: This disclosure notifies the market of a >5% holder but affirms a non-control posture, reducing immediate governance-activism concerns.

The Schedule 13G classification and the explicit certification that the position is held in the ordinary course indicate the reporters view the stake as passive. Donald Smith & Co., Inc.'s large proportion of the aggregate position (reported sole voting power of 940,876 shares) merits attention for potential future shifts if the adviser changes intent. The filing notes that dividend/proceeds rights reside with institutional clients, and no single client exceeds 5%, which limits the need for deeper beneficiary disclosure under Item 6. Overall, this is material for governance monitoring but not an immediate sign of activist engagement.






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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



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

FAQ

How many Hooker Furnishings (HOFT) shares are reported and what percent of the class is that?

The filing reports 984,761 shares, representing approximately 9.21% of the outstanding common stock.

Who filed the Schedule 13G for HOFT and what are their roles?

The filing was made by Donald Smith & Co., Inc. (a Delaware investment adviser), DSCO Value Fund, L.P., and John Piermont.

Does the filing indicate an intent to influence control of Hooker Furnishings?

No. The filers certified the securities are held in the ordinary course of business and not acquired to change or influence control.

How many shares does Donald Smith & Co., Inc. report having sole voting power over?

Donald Smith & Co., Inc. reports sole voting power over 940,876 shares.

Are any client accounts reported as owning more than 5% of HOFT according to the filing?

Donald Smith & Co., Inc. states that, to its knowledge, no single advisory client owns more than 5% of the class.
Hooker Furnishings Corporation

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Furnishings, Fixtures & Appliances
Household Furniture
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United States
MARTINSVILLE