Investment Adviser Cooper Creek Reports 25.99M Shares of Newell Brands
Rhea-AI Filing Summary
Cooper Creek Partners Management LLC reported beneficial ownership of 25,985,548 shares of Newell Brands common stock, representing 6.2% of the class as of 06/30/2025. The filing shows the reporting person has sole voting and sole dispositive power over all shares reported. The filer is identified as an IA (investment adviser) and certified the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The statement includes issuer and filer addresses and is signed by John McCleary, CFO, dated 08/13/2025.
Positive
- Clear disclosure of beneficial ownership: 25,985,548 shares representing 6.2% of Newell Brands common stock
- Sole voting and dispositive power reported for the full position, providing clarity on control of the voting rights
- Reporting person classified as IA with certification that holdings are in the ordinary course and not held to influence control
Negative
- None.
Insights
TL;DR: Cooper Creek discloses a sizable 6.2% (25,985,548 shares) passive stake in Newell Brands, showing material beneficial ownership.
The Schedule 13G quantifies a material holding above the 5% disclosure threshold: 25,985,548 shares (6.2%). The filing states the reporting person holds sole voting and dispositive power for these shares, which is important because it shows the adviser controls voting rights for the reported position. The filer is classified as an investment adviser (IA) and certifies the position is held in the ordinary course of business and not to influence control, consistent with 13G passive reporting. For market impact, this is a meaningful stake size but the filer affirms a non-activist posture in the certification.
TL;DR: Schedule 13G reports >5% passive ownership with sole voting/dispositive rights; governance implications hinge on future disclosures.
The document identifies Cooper Creek Partners Management LLC as beneficial owner of 25,985,548 shares with sole voting and dispositive authority, and classifies the filer as an IA. The signature block shows the filing was certified by John McCleary, CFO on 08/13/2025. The filing also includes an explicit certification that the securities are not held to change or influence control of the issuer, which aligns with passive 13G disclosure practice. Any change in intent or coordination would require updated filings that could alter governance assessment.