Institutional Filing: American Century/ACC Hold 5.6% of Spire (SR)
Rhea-AI Filing Summary
American Century Investment Management, American Century Companies and the Stowers Institute report beneficial ownership of 3,302,369 shares of Spire Inc. common stock, representing 5.6% of the class. The filing shows sole voting power of 3,165,448 shares and sole dispositive power of 3,302,369 shares, indicating the reporting persons control voting and disposition for the majority of the position.
The statement specifies these securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. American Century Investment Management is identified as an investment adviser and a wholly owned subsidiary of American Century Companies, which in turn is controlled by the Stowers Institute.
Positive
- Beneficial ownership of 3,302,369 shares, representing 5.6% of Spire Inc.'s common stock
- Sole voting power of 3,165,448 shares and sole dispositive power of 3,302,369 shares, clarifying control over the reported position
- Item 10 certification stating the securities are held in the ordinary course and not to influence control
Negative
- None.
Insights
TL;DR: Institutional adviser reports a 5.6% passive stake; voting and dispositive powers are largely held by the adviser.
The filing documents that American Century entities beneficially own 3,302,369 shares (5.6%) of Spire Inc. common stock, with 3,165,448 shares of sole voting power and full sole dispositive power over the reported position. The schedule is filed under the appropriate Rule 13G framework and includes an Item 10 certification that the holdings are in the ordinary course of business and not intended to influence control. This profile is consistent with a passive institutional stake disclosed for regulatory transparency rather than an active control intent.
TL;DR: Ownership crosses the 5% disclosure threshold but the filing affirms no intent to affect control.
The cover pages identify the reporting persons as American Century Investment Management, American Century Companies and Stowers Institute, and classify ACIM as an investment adviser. The filing shows that ACC is the parent of ACIM and that ACC is controlled by Stowers Institute, with ACIM acting as the adviser holding voting and dispositive powers. The explicit Item 10 certification stating the holdings were not acquired to change control is central to the governance interpretation of this disclosure.
FAQ
How many Spire (SR) shares do American Century entities report owning?
What percentage of Spire (SR) does the reported holding represent?
How much voting power does American Century Investment Management hold in SR?
Does the Schedule 13G/A indicate these shares were acquired to influence control of SR?
Which entities jointly filed the Schedule 13G/A for SR?
How is American Century Investment Management related to the other reporting persons?