[SCHEDULE 13G] Motorcar Parts of America, Inc. SEC Filing
Motorcar Parts of America, Inc. is reported to have an aggregate beneficial holding of 959,394 shares, representing 4.94% of the outstanding class, held by a group that includes Donald Smith & Co., Inc., DSCO Value Fund, L.P., and an individual, John Piermont. The filing discloses the allocation of voting and dispositive power: Donald Smith & Co. holds the bulk of control with 881,677 shares of sole voting power and 950,127 shares of sole dispositive power, while DSCO Value Fund and John Piermont hold 8,767 and 500 shares, respectively.
The report classifies the primary filer as an investment adviser and indicates the position is reported under the Schedule 13G framework as ownership of 5% or less. The filing includes a certification that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. An exhibit identifying group members is referenced.
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Insights
TL;DR: A passive group stake of 4.94% is disclosed, concentrated in an investment adviser account.
The filing reports an aggregate holding of 959,394 shares (4.94%) in Motorcar Parts of America, with Donald Smith & Co. holding most voting and dispositive power. Because this is a Schedule 13G disclosure reflecting passive ownership below 5%, it signals a notable but non-controlling economic interest. Investors should note the split between voting and dispositive powers and that the position is stated to be held in the ordinary course, which limits immediate governance implications.
TL;DR: Disclosure shows a concentrated passive stake but explicitly denies intent to influence control.
The disclosure names the reporting persons and classifies the filer as an investment adviser, with an explicit certification that the holdings were not acquired to influence control. Donald Smith & Co.'s sole voting power of 881,677 shares versus sole dispositive power of 950,127 shares indicates alignment of voting and economic interest under the adviser. Because total ownership remains under the 5% reporting threshold for greater scrutiny, this filing should be viewed as informational rather than a governance-moving event.