[SCHEDULE 13G/A] Loar Holdings Inc. SEC Filing
Rhea-AI Filing Summary
Loar Holdings Inc. received a consolidated Schedule 13G/A disclosing that multiple Blackstone-related funds and entities hold material stakes in the company. The largest direct holder reported is GSO Capital Opportunities Fund III LP with 6,802,527 shares (reported as 7.3% of the class), while Blackstone Inc. is reported with 7,683,405 shares (reported as 8.2% of the class). Several other Blackstone-affiliated vehicles are listed with direct holdings, including Blackstone Private Credit Fund (545,996 shares, 0.6%), BCRED Twin Peaks LLC (290,246 shares, 0.3%), GSO Barre des Ecrins Master Fund SCSp (125,840 shares, 0.1%) and GSO Orchid Fund LP (209,042 shares, 0.2%).
The filing states the percentage calculations are based on 93,556,071 shares outstanding as reported in Loar's quarterly report. The report also explains the ownership relationships among the reporting persons and notes that, except for the entities that directly hold shares, many of the reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest. No transaction terms, strategic actions, or changes in control are disclosed in the statement.
Positive
- GSO Capital Opportunities Fund III LP directly holds 6,802,527 shares (7.3%), a clearly reported material stake.
- Blackstone Inc. directly holds 7,683,405 shares (8.2%), exceeding the 5% disclosure threshold and signalling significant institutional ownership.
- The filing provides the share-count basis used for percentages: 93,556,071 shares outstanding, improving transparency around reported ownership percentages.
Negative
- None.
Insights
TL;DR: Major Blackstone/GSO holdings disclosed; stake sizes are material but the filing is a passive disclosure, not an operational update.
The Schedule 13G/A lists several Blackstone and GSO-affiliated funds that directly hold significant stakes in Loar. Key figures include 7,683,405 shares (8.2%) reported for Blackstone Inc. and 6,802,527 shares (7.3%) for GSO Capital Opportunities Fund III LP. The filing uses an outstanding share base of 93,556,071 to compute percentages. This is a standard beneficial-ownership disclosure showing institutional ownership concentrations that may influence governance dynamics, but the document contains no operational, transaction, or strategic changes to suggest immediate financial impact on Loar's business performance.
TL;DR: Multiple affiliated reporting persons disclose overlapping relationships and disclaimers; material ownership percentages are reported without forming an explicit group.
The filing enumerates ownership links among the reporting persons and expressly includes disclaimers that most entities (other than the direct holders) disclaim beneficial ownership except for pecuniary interests. The largest reported positions exceed the 5% materiality threshold commonly monitored by investors and regulators (8.2% and 7.3%), which could warrant attention to voting coordination or future disclosures, but the statement does not assert a group formation or any joint action. All material assertions here are limited to share counts and organizational relationships; no governance actions are disclosed.