Brandes Investment Partners reports 14.9% Utah Medical Products (UTMD) stake
Rhea-AI Filing Summary
Brandes Investment Partners, L.P. filed an amended Schedule 13G reporting a significant passive ownership position in Utah Medical Products Inc. Brandes is deemed the beneficial owner of 475,158 common shares, representing 14.92% of the outstanding class, held across mutual funds and other accounts it advises. Brandes reports shared voting power over 435,111 shares and shared dispositive power over 475,158 shares, with no sole voting or dispositive power. 218,681 shares, or 6.87% of the class, are held in the Brandes Small Cap Value Fund, a series of Datum One Series Trust. Brandes states that the filing does not constitute an admission that the reporting persons form a group.
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Key Figures
Beneficial ownership: 475,158 shares
Percent of class: 14.92%
Shared voting power: 435,111 shares
+3 more
6 metrics
Beneficial ownership
475,158 shares
Common shares of Utah Medical Products beneficially owned by Brandes
Percent of class
14.92%
Portion of Utah Medical Products common stock attributed to Brandes
Shared voting power
435,111 shares
Shares for which Brandes reports shared power to vote or direct the vote
Shared dispositive power
475,158 shares
Shares for which Brandes reports shared power to dispose or direct disposition
Brandes Small Cap Value Fund holdings
218,681 shares
Utah Medical Products shares held by Brandes Small Cap Value Fund
Fund interest in class
6.87%
Portion of Utah Medical Products common stock held via Brandes Small Cap Value Fund
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +2 more
6 terms
beneficial owner financial
"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.
Schedule 13G regulatory
"Brandes has filed this joint 13G on behalf of Brandes and the Fund"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Investment Company Act of 1940 regulatory
"mutual funds registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
beneficiaries of employee benefit plan financial
"beneficiaries of employee benefit plan, pension fund or endowment fund"
FAQ
What percentage of Utah Medical Products (UTMD) is owned by Brandes Investment Partners?
Brandes Investment Partners reports beneficial ownership of 475,158 Utah Medical Products shares, representing 14.92% of the outstanding common stock. This ownership is held across mutual funds and other accounts for which Brandes acts as investment adviser or sub-adviser.
Is Brandes Investment Partners filing as part of a group in this Utah Medical Products (UTMD) 13G/A?
Brandes states that it filed a joint Schedule 13G on behalf of itself and the Brandes Small Cap Value Fund under Rule 13d-1(k). It explicitly notes that nothing in the statement is an admission that the reporting persons constitute a group.
AI-generated analysis. How Rhea-AI works. Not financial advice.