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Precision Drilling Corp (NYSE: PDS) gains 5.1% holder Dimensional Fund Advisors

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Dimensional Fund Advisors LP, a Delaware limited partnership and registered investment adviser, reports beneficial ownership of 663,560 shares of Precision Drilling Corp common stock, representing 5.1% of the class as of June 30, 2026. Dimensional has sole power to vote 661,473 of these shares and sole power to dispose of 663,560 shares, with no shared voting or dispositive power.

All securities are owned by underlying funds, group trusts and separate accounts for which Dimensional or its subsidiaries provide advisory or management services, and Dimensional disclaims beneficial ownership other than for Section 13(d) reporting. The funds have the right to receive dividends and sale proceeds, and to Dimensional’s knowledge no single fund holds more than 5% of the class.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 663,560 shares Dimensional Fund Advisors LP reported beneficial ownership of 663,560 Precision Drilling Corp common shares
Ownership percentage 5.1 % Represents 5.1 % of the outstanding class of Precision Drilling Corp common stock
Sole voting power 661,473 shares Dimensional has sole power to vote or direct the vote for 661,473 shares
Shared voting power 0 shares Dimensional reported no shared power to vote or direct the vote
Sole dispositive power 663,560 shares Dimensional has sole power to dispose or direct the disposition of 663,560 shares
Shared dispositive power 0 shares Dimensional reported no shared power to dispose or direct the disposition of the securities
beneficial owner regulatory
"may be deemed to be the beneficial owner of the shares of the Issuer"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power regulatory
"5 | Sole Voting Power 661,473.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power regulatory
"7 | Sole Dispositive Power 663,560.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Section 13(d) of the Securities Exchange Act of 1934 regulatory
"for any other purposes than Section 13(d) of the Securities Exchange Act of 1934"
Section 13(d) of the Securities Exchange Act of 1934 is a U.S. rule that requires anyone who buys more than 5% of a public company’s shares to publicly disclose who they are, how many shares they own, and their intentions toward the company. For investors, this is like a neighborhood alert when someone acquires a large stake in a building: it reveals potential changes in control or strategy that could affect the stock’s price, governance, or future direction.
investment adviser regulatory
"an investment adviser registered under Section 203 of the Investment Advisors Act of 1940"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
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FAQ

What stake does Dimensional Fund Advisors hold in Precision Drilling Corp (PDS)?

Dimensional Fund Advisors LP reports beneficial ownership of 663,560 Precision Drilling Corp common shares, representing 5.1% of the outstanding class as of June 30, 2026. This ownership is reported for Section 13(d) purposes and relates to shares held across multiple underlying funds and accounts.

How much voting and dispositive power does Dimensional Fund Advisors have over PDS shares?

Dimensional reports sole voting power over 661,473 shares and sole dispositive power over 663,560 shares of Precision Drilling Corp common stock. It reports no shared voting power and no shared dispositive power, meaning authority is held solely through its advisory and management roles for the underlying funds.

Who actually owns the Precision Drilling (PDS) shares associated with Dimensional Fund Advisors?

All reported shares are owned by investment companies, commingled funds, group trusts and separate accounts (collectively, the “Funds”) for which Dimensional or its subsidiaries act as adviser or manager. Dimensional may be deemed a beneficial owner through control rights but disclaims beneficial ownership of these securities.

Do any individual Dimensional-managed funds hold more than 5% of Precision Drilling (PDS)?

Dimensional states that, to its knowledge, no single Fund’s interest exceeds 5% of the class of Precision Drilling Corp common stock. The 5.1% figure reflects the aggregate holdings of multiple funds and accounts for which Dimensional or its subsidiaries provide advisory or management services.

Who is entitled to dividends and sale proceeds from the PDS shares reported by Dimensional?

The underlying Funds described by Dimensional have the right to receive dividends and the proceeds from any sale of the Precision Drilling Corp securities held in their accounts. Dimensional Fund Advisors LP disclaims beneficial ownership of these securities beyond its reporting obligations under Section 13(d).





74022D407

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Dimensional Fund Advisors LP
Signature:Selwyn Notelovitz
Name/Title:Global Chief Compliance Officer
Date:07/14/2026