Federated Hermes reports stake in Smith Douglas Homes (NASDAQ: SDHC) — 2.86%
Rhea-AI Filing Summary
Smith Douglas Homes Corp. filing: Federated Hermes, Inc. amended a Schedule 13G to report beneficial ownership of 258,900 shares of common stock, representing 2.86% of the class. The filing is a joint report that includes the Voting Shares Irrevocable Trust and individual trustees; the parties disclaim beneficial ownership of securities held by certain managed funds in accordance with Rule 13d-4.
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Insights
Federated Hermes reports a sub-5% passive stake in SDHC via a joint 13G filing.
Federated Hermes, the Voting Shares Irrevocable Trust, and named trustees disclose 258,900 shares (2.86%) in a joint Schedule 13G/A. The report follows passive/beneficial-ownership disclosure practice and includes a standard disclaimer that managed-fund holdings are not admitted as beneficially owned.
The signatures are dated 04/07/2026, and the report references Item exhibits for joint-filing and power-of-attorney arrangements. Ownership remains below the 5% threshold that typically signals passive investor status.