Cooperman Discloses 6.65M SunOpta Shares, Sole Voting Control
Rhea-AI Filing Summary
Leon G. Cooperman disclosed beneficial ownership of 6,647,109 common shares of SunOpta Inc., representing approximately 5.6% of the outstanding shares. The shares are held directly by Omega Capital Partners, L.P., for which Mr. Cooperman is managing member of the general partner. The filing indicates Mr. Cooperman has sole voting and sole dispositive power over all 6,647,109 shares.
The statement clarifies the ownership calculation is based on 118,186,075 common shares outstanding as reported in the issuer's quarterly report dated August 1, 2025. The filing includes a certification that the securities were not acquired to change or influence control of the issuer.
Positive
- Material disclosure of a 5.6% position (6,647,109 shares) providing transparency to the market
- Sole voting and dispositive power is explicitly stated for the entire reported position
- Ownership basis disclosed (position held by Omega Capital Partners, L.P., with Cooperman involvement)
Negative
- None.
Insights
TL;DR: A high-profile investor reports a >5% stake in SunOpta, disclosed with full voting and dispositive control.
Mr. Cooperman's Schedule 13G reports direct beneficial ownership of 6,647,109 shares, equal to 5.6% of SunOpta based on 118,186,075 shares outstanding. The filing states sole voting and dispositive power, and includes the standard 13G certification that the position is not intended to change or influence control. For investors, the disclosure confirms a material passive stake above the 5% reporting threshold and clarifies governance rights on these shares.
TL;DR: The filing documents a material passive ownership position with explicit sole control over voting and disposition.
The Schedule 13G identifies Leon G. Cooperman as the reporting person and explains the ownership is held by Omega Capital Partners, L.P., where Mr. Cooperman is connected through Omega Associates, L.L.C. The form specifies sole voting and dispositive power for all reported shares and includes the required certification about lack of intent to influence control. The disclosure meets regulatory transparency requirements for holdings above 5%.