[SCHEDULE 13G] IAMGold Corporation SEC Filing
Rhea-AI Filing Summary
Donald Smith & Co., Inc. and its DSCO Value Fund filed a Schedule 13G reporting beneficial ownership of 26,937,710 common shares of IAMGOLD Corp, representing 4.68% of the class. Donald Smith & Co., Inc. reports sole voting power of 26,236,695 shares and sole dispositive power of 26,690,355; DSCO Value Fund reports sole voting and dispositive power of 247,355 shares. The filing classifies Donald Smith as an IA type reporting person and the fund as PN. The filer certifies the shares "were acquired and are held in the ordinary course of business" and "were not acquired...for the purpose of or with the effect of changing or influencing the control" of the issuer. Exhibit A is referenced for group identification.
Positive
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Negative
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Insights
TL;DR Reporting persons hold 26,937,710 shares (4.68%), with Donald Smith controlling most voting and dispositive power.
The disclosed stake of 26,937,710 shares represents under 5% of IAMGOLD's outstanding common stock, limiting immediate market-moving implications under common materiality thresholds. The filing provides precise voting and dispositive allocations: Donald Smith & Co., Inc. holds the bulk of voting power (26,236,695) and dispositive authority (26,690,355), while DSCO Value Fund holds 247,355 shares. The certification that holdings are in the ordinary course and not to influence control further frames this as a non-control disclosure. Investors should note the exact position size and reporting classification when assessing ownership concentration.
TL;DR Filing shows an institutional adviser reporting a sub-5% position and certifying no intent to influence issuer control.
From a governance perspective, the schedule identifies Donald Smith & Co., Inc. as a reporting investment adviser-type entity and the DSCO Value Fund as a related fund. The explicit certification that the securities are held in the ordinary course and not to affect control is material to governance analysis because it clarifies the filer’s stated intent. The filing references Exhibit A for group composition details, which is relevant if any coordinated group ownership exists. Overall, the disclosure documents holdings and authority breakdown without asserting control.