SEC Form SC 13G filed by A-Mark Precious Metals Inc.

$AMRK
Other Specialty Stores
Industrials
Get the next $AMRK alert in real time by email
SC 13G 1 amarkpreciousmetals13g.htm SC 13G
 
United States
Securities and Exchange Commission
Washington, D.C.  20549
   
   
SCHEDULE 13G
   
Under the Securities Exchange Act of 1934
   
(Amendment No.   )*
   
 
 
A-MARK PRECIOUS METALS, INC.
(Name of Issuer)
 
 
COMMON STOCK
(Title of Class of Securities)
 
 
00181T107
(CUSIP Number)
   
 
DECEMBER 31, 2022
(Date of Event Which Requires Filing of this Statement)
   
   
   
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
   
[ X ]
Rule 13d-1(b)
[     ]
Rule 13d-1(c)
[     ]
Rule 13d-1(d)
     
     
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information  required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
Page 1 of 9 Pages

 
 
CUSIP No.  00181T107
 
 
1.
 
Names of Reporting Persons
 
American Century Capital Portfolios, Inc.
 
 
2.
 
Check the Appropriate Box if a Member of a Group (See Instructions)
 
       
 
(a)
[       ]
 
       
 
(b)
[       ]
 
 
 
3.
 
SEC Use Only
 
 
 
 
4.
 
Citizenship or Place of Organization
 
Maryland
 
 
 
 
5.
 
Sole Voting Power
 
1,270,000
       
Number of Shares
Beneficially
 
6.
 
Shared Voting Power
 
N/A
Owned by
     
Each
Reporting
 
7.
 
Sole Dispositive Power
 
1,270,000
Person With:
     
 
 
8.
 
Shared Dispositive Power
 
 
N/A
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,270,000
     
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [     ]
 
 
     
11.
Percent of Class Represented by Amount in Row (9)
 
5.42%
     
12.
Type of Reporting Person (See Instructions)
 
IV
 
 
Page 2 of 9 pages
 

 
 
CUSIP No.  00181T107
 
 
1.
 
Names of Reporting Persons
 
American Century Investment Management, Inc.
 
 
2.
 
Check the Appropriate Box if a Member of a Group (See Instructions)
 
       
 
(a)
[       ]
 
       
 
(b)
[       ]
 
 
 
3.
 
SEC Use Only
 
 
 
 
4.
 
Citizenship or Place of Organization
 
Delaware
 
 
 
 
5.
 
Sole Voting Power
 
1,699,857
       
Number of Shares
Beneficially
 
6.
 
Shared Voting Power
 
N/A
Owned by
     
Each
Reporting
 
7.
 
Sole Dispositive Power
 
1,733,241
Person With:
     
 
 
8.
 
Shared Dispositive Power
 
 
N/A
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,733,241
     
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [     ]
 
 
     
11.
Percent of Class Represented by Amount in Row (9)
 
7.39%
     
12.
Type of Reporting Person (See Instructions)
 
IA
 
 
Page 3 of 9 pages
 

 
 
CUSIP No.  00181T107
 
 
1.
 
Names of Reporting Persons
 
American Century Companies, Inc.
 
 
2.
 
Check the Appropriate Box if a Member of a Group (See Instructions)
 
       
 
(a)
[       ]
 
       
 
(b)
[       ]
 
 
 
3.
 
SEC Use Only
 
 
 
 
4.
 
Citizenship or Place of Organization
 
Delaware
 
 
 
 
5.
 
Sole Voting Power
 
1,699,857
       
Number of Shares
Beneficially
 
6.
 
Shared Voting Power
 
N/A
Owned by
     
Each
Reporting
 
7.
 
Sole Dispositive Power
 
1,733,241
Person With:
     
 
 
8.
 
Shared Dispositive Power
 
 
N/A
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,733,241
     
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
 (See Instructions) [     ]
 
 
     
11.
Percent of Class Represented by Amount in Row (9)
 
7.39%
     
12.
Type of Reporting Person (See Instructions)
 
HC
 
 
Page 4 of 9 pages
 

 
 
CUSIP No.  00181T107
 
 
1.
 
Names of Reporting Persons
 
Stowers Institute for Medical Research
 
 
2.
 
Check the Appropriate Box if a Member of a Group (See Instructions)
 
       
 
(a)
[       ]
 
       
 
(b)
[       ]
 
 
 
3.
 
SEC Use Only
 
 
 
 
4.
 
Citizenship or Place of Organization
 
Delaware
 
 
 
 
5.
 
Sole Voting Power
 
1,699,857
       
Number of Shares
Beneficially
 
6.
 
Shared Voting Power
 
N/A
Owned by
     
Each
Reporting
 
7.
 
Sole Dispositive Power
 
1,733,241
Person With:
     
 
 
8.
 
Shared Dispositive Power
 
 
N/A
   
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,733,241
     
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [     ]
 
 
     
11.
Percent of Class Represented by Amount in Row (9)
 
7.39%
     
12.
Type of Reporting Person (See Instructions)
 
HC
 
 
Page 5 of 9 pages
 

 
 
Item 1.
 
(a)
Name of Issuer.
 
 
A-Mark Precious Metals, Inc.
 
 
(b)
Address of Issuer’s Principal Executive Offices
 
 
2121 Rosecrans Ave., Suite 6300
El Segundo, CA  90245
 
Item 2.
 
(a)
Name of Person Filing.
   
 
(1)
American Century Capital Portfolios, Inc.
 
 
(2)
American Century Investment Management, Inc.
 
 
(3)
American Century Companies, Inc.
 
  (4) Stowers Institute for Medical Research
     
     
(b)
Address of Principal Business Office or, if none, Residence.
   
 
4500 Main Street
9th Floor
Kansas City, Missouri  64111
   
   
(c)
Citizenship.
     
 
(1)
Maryland
 
 
(2)
Delaware
 
 
(3)
Delaware
 
  (4)    Delaware
   
   
(d)
Title of Class of Securities.
   
 
Reference is made to the cover page of this filing.
   
   
(e)
CUSIP Number.
   
 
Reference is made to the cover page of this filing.
 
Page 6 of 9 pages


 
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
   
 
(1)
American Century Capital Portfolios, Inc. is an investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
     
 
(2)
American Century Investment Management, Inc. is an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
     
 
(3)
American Century Companies, Inc. is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
     
  (4) Stowers Institute for Medical Research, is a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
     
   
Item 4.
Ownership.
   
 
Reference is made to Items 5-9 and 11 on the cover page of this filing.
   
   
Item 5.
Ownership of Five Percent or Less of a Class.
   
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [      ].
   
   
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
   
 
Various persons, including the investment companies and separate institutional investor accounts that American Century Investment Management, Inc. (“ACIM”) serves as investment adviser, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that are the subject of this schedule.  Except as may be otherwise indicated if this is a joint filing, not more than 5% of the class of securities that is the subject of this schedule is owned by any one client advised by ACIM.
   
   
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
   
 
See attached Exhibit A.
   
   
Item 8.
Identification and Classification of Members of the Group.
   
 
Not applicable.
   
   
Item 9.
Notice of Dissolution of Group.
   
 
Not applicable.
   
Page 7 of 9 pages


Item 10.
Certification


By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 8th day of February, 2023.

 
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC. ("ACCP")
   
 
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)
   
  AMERICAN CENTURY COMPANIES, INC. (“ACC”)
   
   
 
By:
/s/ John Pak
   
John Pak
   
Senior Vice President, ACCP, ACIM and ACC
   
 
STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC
   
   
 
By:
/s/ Richard W. Brown
   
Richard W. Brown
   
Chairman


SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b).

EXHIBIT A

This Exhibit has been prepared to identify each subsidiary of American Century Companies, Inc. (“ACC”), which is controlled by the Stowers Institute for Medical Research, that is a beneficial owner of securities that are the subject of this schedule (the “Subject Securities”).  American Century Investment Management, Inc. (“ACIM”) is a wholly-owned subsidiary of ACC and an investment adviser registered under §203 of the Investment Advisers Act of 1940.


Page 8 of 9 pages

 
 
SCHEDULE 13G – To be included in statements filed pursuant to Rule 13d-1(b) or 13d-2(b) and Rule 13d-1(f) (1) Agreement.

EXHIBIT B

Each of the undersigned hereby agrees and consents to the execution and joint filing on its behalf by American Century Investment Management, Inc. of this Schedule 13G respecting the beneficial ownership of the securities which are the subject of this schedule.

Dated this 8th day of February, 2023.

 
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC. ("ACCP")
   
 
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. (“ACIM”)
   
  AMERICAN CENTURY COMPANIES, INC. (“ACC”)
   
   
 
By:
/s/ John Pak
   
John Pak
   
Senior Vice President, ACCP, ACIM and ACC
   
 
STOWERS INSTITUTE FOR MEDICAL RESEARCH, solely in its capacity as control entity of ACC
   
   
 
By:
/s/ Richard W. Brown
   
Richard W. Brown
   
Chairman
 
Page 9 of 9 pages
 
 

Get the next $AMRK alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AMRK

DatePrice TargetRatingAnalyst
5/22/2024$63.00Buy
Maxim Group
5/15/2024$33.00Buy → Neutral
B. Riley Securities
5/8/2024Outperform → Market Perform
Northland Capital
12/16/2022$50.00Buy
B. Riley Securities
4/19/2022$105.00Outperform
Northland Capital
9/30/2021$60.00 → $72.00Buy
Roth Capital
More analyst ratings

$AMRK
Press Releases

Fastest customizable press release news feed in the world

See more
  • A-Mark Precious Metals Sets Fiscal Third Quarter Earnings Call for Wednesday, May 7th at 4:30 p.m. ET

    EL SEGUNDO, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Wednesday, May 7, 2025 at 4:30 p.m. Eastern time to discuss results for the fiscal third quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. A-Mark management will host the presentation, followed by a question-and-answer period. A-Mark's conference call can be accessed as follows: Date: Wednesday, May 7, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Webcast: https://www.webcaster4.com/Webcast/Page/2867/52299 U.S. dial-in number: 1-888-506-0

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Precious Metals Appoints Cary Dickson as Chief Financial Officer Effective July 1, 2025

    EL SEGUNDO, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has appointed Cary Dickson as Chief Financial Officer effective July 1, 2025. Mr. Dickson, who previously served as the company's CFO from November 2015 through September 2019, will re-join A-Mark on May 2, 2025 as its Executive Vice President, and will assume the role of CFO upon the departure of current CFO Kathleen Simpson-Taylor, who has informed the company of her decision to retire as of the end of the current fiscal year. A-Mark Chief Executive Officer Greg Roberts stated, "I am e

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC

    EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025.   On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously owned by A-Mark. Founded in 1984, AMS operates the flagship brand GOVMINT where a team of over 150 dedicated sales representatives works with customers to assemble collections of vintag

    $AMRK
    Other Specialty Stores
    Industrials

$AMRK
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AMRK
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$AMRK
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AMRK
SEC Filings

See more

$AMRK
Leadership Updates

Live Leadership Updates

See more
  • A-Mark Precious Metals Appoints Cary Dickson as Chief Financial Officer Effective July 1, 2025

    EL SEGUNDO, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has appointed Cary Dickson as Chief Financial Officer effective July 1, 2025. Mr. Dickson, who previously served as the company's CFO from November 2015 through September 2019, will re-join A-Mark on May 2, 2025 as its Executive Vice President, and will assume the role of CFO upon the departure of current CFO Kathleen Simpson-Taylor, who has informed the company of her decision to retire as of the end of the current fiscal year. A-Mark Chief Executive Officer Greg Roberts stated, "I am e

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Strengthens Global Trading Team with Appointment of Roy Friedman as SVP of Trading, Global Precious Metals

    EL SEGUNDO, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has appointed Roy Friedman to serve as senior vice president (SVP) of trading, global precious metals, effective September 29, 2023. Friedman brings to A-Mark four decades of experience in precious metals trading, in addition to being a well-respected industry commentator. While serving as President of Manfra, Tordella & Brookes Inc. (MTB), he was responsible for all trading and sales activities. Prior to MTB, Friedman held a range of positions at several industry-leading companies, including SVP at Dillon Gage Metals where he was

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Expands Trading Team with Appointment of Industry Veteran Rick Gibbons as Senior Vice President of Trading, Global Precious Metals

    EL SEGUNDO, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has expanded its trading team with the appointment of Rick Gibbons to the new position of senior vice president of trading, global precious metals. Gibbons brings to A-Mark more than three decades of experience in precious metals trading. Prior to A-Mark, Gibbons was a senior trader in HSBC's precious metals division. During his 34-year tenure at HSBC, Gibbons helped to establish the firm as one of the world's leading institutional precious metals firms. He started his career at Merrill Lynch, where he completed the firm's prestig

    $AMRK
    Other Specialty Stores
    Industrials

$AMRK
Financials

Live finance-specific insights

See more
  • A-Mark Precious Metals Sets Fiscal Third Quarter Earnings Call for Wednesday, May 7th at 4:30 p.m. ET

    EL SEGUNDO, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, will hold a conference call on Wednesday, May 7, 2025 at 4:30 p.m. Eastern time to discuss results for the fiscal third quarter ended March 31, 2025. Financial results will be issued in a press release prior to the call. A-Mark management will host the presentation, followed by a question-and-answer period. A-Mark's conference call can be accessed as follows: Date: Wednesday, May 7, 2025Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Webcast: https://www.webcaster4.com/Webcast/Page/2867/52299 U.S. dial-in number: 1-888-506-0

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLC

    EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025.   On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously owned by A-Mark. Founded in 1984, AMS operates the flagship brand GOVMINT where a team of over 150 dedicated sales representatives works with customers to assemble collections of vintag

    $AMRK
    Other Specialty Stores
    Industrials
  • A-Mark Continues Expansion into the Bullion Adjacent Collectible Coin Market by Acquiring Stack's Bowers Galleries, AMS Holding, LLC, and Pinehurst Coin Exchange, Inc.

    EL SEGUNDO, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark or the Company), a leading fully integrated precious metals platform, announced its continued expansion into the collectible coin market with the following acquisitions: On February 28, 2025, A-Mark completed the previously reported acquisition of Spectrum Group International, Inc. (SGI), the parent of Stack's Bowers Galleries (SBG), one of the world's largest rare coin and currency auction houses and a leading wholesale and retail dealer specializing in numismatic and bullion products. SBG generated Total Revenue of $536.4 million and EBITDA of $10.9 million during the fiscal year en

    $AMRK
    Other Specialty Stores
    Industrials

$AMRK
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more