Thursday, February 12, 2009

Schedule 13G/A Filings in SRZ Feb 10 & Feb 12

Schedule 13G by definition means reporting holdings of more than 5% in a company.
It also means that the company/person reporting the holding is doing so only for investment and not for control of ownership/change of management.

if you are looking to control of ownership one needs to declare the same by filing Schedule 13D
Feb 10 filing has the following investors:
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This is year end Dec 31,2008 reporting by

RS Value Fund -3,712,784- shares 7.3% of equity
RS Investment Management Co. LLC -6,039,175- 11.9% of Equity
Guardian Investor Services LLC -6,039,175- 11.9% of equity
The Guardian Life Insurance Company of America -6,039,175- 11.9% of Equity

So looks like guardian Investor Services is bullish with respect to SRZ as they are holding 43% of SRZ's equity.

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This is year end Dec 31,2008 reporting by T Rowe Price

T. ROWE PRICE ASSOCIATES, INC - 29,900 - shares
T. ROWE PRICE SMALL-CAP STOCK FUND, INC. - NIL - shares

This statement is being filed to report the fact that, as of the date of this report, the reporting person(s) has (have) ceased to be the beneficial owner of more than five percent of the class of securities.

So T Rowe Price is no longer a 5% stake holder..

My Take:
- This could be because SRZ is no longer part of the NYSE Small CAP index hence the index funds will sell.
- Year end selling ot reduce the tax burden in case of profits from other investments are there to report.

Here is the Link

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