Brandes Investment Partners (WKC) discloses 6.65% passive stake in World Kinect
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Brandes Investment Partners, L.P., a Delaware-based investment adviser, filed an amended Schedule 13G reporting its beneficial ownership in World Kinect CorpDecember 31, 2025, Brandes reported beneficial ownership of 3,696,016 common shares, representing 6.65% of the class.
Brandes reported no sole voting or dispositive power, with shared voting power over 2,434,570 shares and shared dispositive power over 3,696,016 shares. The firm certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of World Kinect Corp.
Positive
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Negative
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FAQ
What ownership in World Kinect Corp (WKC) does Brandes Investment Partners report?
Brandes Investment Partners reports beneficial ownership of 3,696,016 World Kinect Corp common shares. This represents 6.65% of the company’s outstanding common stock as of December 31, 2025, making Brandes a significant institutional shareholder under SEC reporting rules.
Is Brandes Investment Partners seeking control of World Kinect Corp (WKC)?
Brandes states the World Kinect shares were acquired and are held in the ordinary course of business. It certifies they were not acquired and are not held to change or influence control of World Kinect, aligning with a passive institutional investment stance.
What type of entity is Brandes Investment Partners in this WKC filing?
Brandes Investment Partners, L.P. identifies itself as an investment adviser under SEC Rule 13d-1(b)(1)(ii)(E). This classification reflects its role managing client assets and explains why it files a Schedule 13G instead of a control-oriented Schedule 13D.
Why did Brandes file an amended Schedule 13G for World Kinect Corp?
Brandes filed an Amendment No. 1 to its Schedule 13G because its beneficial ownership exceeded 5% of World Kinect’s common shares. SEC rules require updated disclosures when institutional investors’ positions reach or remain above this threshold.