Schedule 13G: Boston Partners Reports 13.9M NOMD Shares (9.05%)
Rhea-AI Filing Summary
Boston Partners reports beneficial ownership of Nomad Foods Ltd common stock totaling 13,875,348 shares, equal to 9.05% of the class. The filing shows Boston Partners has sole voting power for 10,960,055 shares and sole dispositive power for 13,875,348 shares. Boston Partners is organized in Delaware and lists its principal business office in Boston, while Nomad Foods Ltd's principal executive office is listed in Woking, United Kingdom.
The statement certifies these shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
Positive
- Material ownership: Boston Partners beneficially owns 13,875,348 shares, representing 9.05% of Nomad Foods common stock.
- Clear control metrics: Filer reports sole voting power for 10,960,055 shares and sole dispositive power for 13,875,348 shares.
- Passive holding declared: The filing states the securities are held in the ordinary course of business and not to influence control.
Negative
- None.
Insights
TL;DR: Boston Partners holds a material 9.05% passive stake with sole dispositive control over all reported shares.
Boston Partners beneficially owns 13,875,348 shares, representing 9.05% of Nomad Foods' common stock. The filer discloses sole voting power for 10,960,055 shares and sole dispositive power for the full 13,875,348 shares reported. The filing explicitly states the holdings are held in the ordinary course of business and not to influence control, which classifies this as a passive disclosure under Schedule 13G rather than an active intent declaration.
TL;DR: A single investment adviser reports a significant passive position; governance implications are limited by the declared passive intent.
The filing identifies Boston Partners as the reporting person and certifies passive ownership of 9.05% of the outstanding common stock. While the position is material in size, the filer attests the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. That certification is central to how regulators and the market categorize the stake under Schedule 13G rules.