Orbis and Allan Gray (IMAX) disclose 5.15M IMAX shares, a 9.4% beneficial stake
Rhea-AI Filing Summary
Orbis Investment Management Limited and Allan Gray Australia Pty Ltd report beneficial ownership of IMAX Corp common stock. Together they report owning 5,149,555 shares, representing 9.4% of the outstanding common stock.
Orbis holds sole voting and dispositive power over 5,129,735 shares, while Allan Gray Australia holds sole voting and dispositive power over 19,820 shares. Each entity is a non-U.S. institution equivalent to an investment adviser and disclaims beneficial ownership of shares reported by the other, and they state that they are not representing themselves as a Section 13(d)(3) group.
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Key Figures
Aggregate beneficial ownership: 5,149,555 shares
Percent of class owned: 9.4 %
Orbis sole voting and dispositive power: 5,129,735 shares
+2 more
5 metrics
Aggregate beneficial ownership
5,149,555 shares
Total IMAX common shares reported as beneficially owned by both Reporting Persons
Percent of class owned
9.4 %
Portion of IMAX common stock class reported as beneficially owned
Orbis sole voting and dispositive power
5,129,735 shares
IMAX shares over which Orbis has sole voting and dispositive power
Allan Gray sole voting and dispositive power
19,820 shares
IMAX shares over which Allan Gray Australia has sole voting and dispositive power
Orbis reported ownership percentage
9.3 %
Percent of class shown alongside Orbis’s 5,129,735 IMAX shares in the ownership table
Key Terms
beneficial ownership, Sole Voting Power, Sole Dispositive Power, Non-U.S. Institution, +1 more
5 terms
beneficial ownership financial
"Amount beneficially owned: 5,149,555"
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 Voting Power financial
"5 | Sole Voting Power 5,129,735.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 5,129,735.00"
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.
Non-U.S. Institution regulatory
"classified as a Non-U.S. Institution (FI) that is equivalent"
Investment Adviser (IA) financial
"equivalent to an Investment Adviser (IA)"
An investment adviser (IA) is a person or firm that provides personalized guidance on buying, selling, or holding investments and often manages client portfolios for a fee. Investors should care because an IA has a legal duty to act in the client's best interest—think of them as a navigator who plans and steers your financial journey—so their advice, fee structure and potential conflicts can directly affect returns and financial risk.
FAQ
What is Allan Gray Australia Pty Ltd’s IMAX (IMAX) ownership?
Allan Gray Australia Pty Ltd reports sole voting and dispositive power over 19,820 shares of IMAX common stock. This holding is part of the 5,149,555 shares of IMAX stock reported in the joint Schedule 13G/A filing.
Are Orbis and Allan Gray considered a group for IMAX (IMAX) under Section 13(d)?
They explicitly state that, despite filing together, none of the Reporting Persons represents that it is a member of a group for purposes of Section 13(d)(3), and each disclaims beneficial ownership of the other’s shares.
How are Orbis and Allan Gray classified in relation to their IMAX (IMAX) holdings?
Both Orbis Investment Management Limited and Allan Gray Australia Pty Ltd are classified as Non-U.S. Institutions equivalent to Investment Advisers (IA), operating under foreign regulatory schemes described as substantially comparable to U.S. regimes.
AI-generated analysis. How Rhea-AI works. Not financial advice.