[SCHEDULE 13G/A] YETI Holdings, Inc. SEC Filing
Wasatch Advisors LP reports beneficial ownership of 1,917,701 shares of YETI Holdings common stock, representing 2.3% of the outstanding class. The filing shows Wasatch has sole voting power for 1,312,478 shares and sole dispositive power for 1,917,701 shares, indicating it controls the decision to buy or sell those shares while voting a smaller portion.
The statement is a Schedule 13G/A and includes a certification that the securities were acquired and are held in the ordinary course of business and not with the purpose of changing or influencing control of the issuer.
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Insights
Wasatch holds a modest, non-controlling 2.3% stake with full dispositive power and partial voting power.
From an investor-monitoring perspective, a 2.3% position is notable for tracking but not material in terms of control. The disparity between sole dispositive power (1,917,701 shares) and sole voting power (1,312,478 shares) suggests Wasatch can direct transactions for all reported shares while voting authority applies to a smaller subset. The filing's certification that holdings are in the ordinary course reduces the likelihood this is an activist intent disclosure, supporting a neutral market impact.
Filing documents compliance and clarifies control over disposition versus voting; no material governance change disclosed.
The Schedule 13G/A provides transparent disclosure of ownership and power allocation. Sole dispositive power over the full reported position means Wasatch can effect trades, while lower sole voting power indicates either other record holders or voting arrangements for part of the stake. The explicit certification that shares are not held to influence control aligns this filing with passive institutional ownership and suggests no immediate governance pressures on the company based on this filing alone.