[SCHEDULE 13G/A] Loar Holdings Inc. SEC Filing
Rhea-AI Filing Summary
Schedule 13G/A disclosure by multiple Abrams and Riva entities reports concentrated beneficial ownership in Loar Holdings Inc. Abrams Capital Management, LLC and David Abrams each report beneficial ownership of 32,050,240 shares, representing 34.3% of the company's outstanding common stock as calculated on a 93,556,071 share base from the issuer's prospectus. Several related private funds report additional holdings: Abrams Capital Partners II, L.P. (10,930,063 shares, 11.7%), Abrams Capital, LLC (12,885,970 shares, 13.8%), Riva Capital Partners IV, L.P. (11,529,265 shares, 12.3%), and Riva Capital Partners V, L.P. (7,023,185 shares, 7.5%).
The filing shows all reported positions are disclosed as shared voting and shared dispositive power with zero sole voting or sole dispositive power reported for any filing person. Items identifying group membership, subsidiary acquisition, and dissolution of group are marked not applicable. The statement is signed by David Abrams on behalf of each reporting entity and references a joint filing agreement as an exhibit.
Positive
- Abrams Capital Management, LLC and David Abrams each report beneficial ownership of 32,050,240 shares, representing 34.3% of Loar Holdings' outstanding common stock
- Additional affiliated entities report material stakes: Abrams Capital Partners II, L.P. (10,930,063 shares, 11.7%); Abrams Capital, LLC (12,885,970 shares, 13.8%); Riva Capital Partners IV, L.P. (11,529,265 shares, 12.3%); Riva Capital Partners V, L.P. (7,023,185 shares, 7.5%)
- Percentages are calculated on a stated base of 93,556,071 outstanding shares as reported in the issuer's prospectus
Negative
- All reported positions show 0 shares of sole voting power and 0 shares of sole dispositive power, indicating no sole unilateral control by any single reporting person
- Filing provides disclosure of ownership but does not state any plans, proposals, or changes in control (no actionable intentions are disclosed)
Insights
TL;DR: Abrams-related entities and David Abrams report a material 34.3% beneficial stake in LOAR, disclosed as shared voting and dispositive power.
The filing documents that Abrams Capital Management, LLC and David Abrams each beneficially own 32,050,240 shares (34.3% of outstanding stock based on 93,556,071 shares). Several affiliated funds controlled by the Abrams and Riva groups also report double-digit and mid-single-digit stakes. All positions are reported with shared voting and dispositive power and no sole voting or dispositive authority. For investors, the key takeaway is concentration of ownership among related entities; the filing does not state any plans, agreements beyond the joint filing agreement, or changes in control actions. Impact: the disclosure is material due to the size of the stake but neutral in actionable detail.
TL;DR: A single individual and related entities account for a substantial combined position but report only shared—not sole—control over LOAR shares.
The schedule shows coordinated holdings across Abrams and Riva vehicles, with the largest reported beneficial owner figures at 32,050,240 shares (34.3%). The filing explicitly reports 0 shares of sole voting or sole dispositive power for each reporting person and identical shared voting/dispositive counts across entities where applicable. The document cites a joint filing agreement as an exhibit, indicating coordination in disclosure. From a governance perspective, concentrated ownership is evident; however, the absence of sole control signals that unilateral decisions are not represented in this filing. Impact rating: the ownership concentration is impactful to consider but the filing itself discloses no governance actions.