• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Affiliated Managers Group Inc. (Amendment)

    2/14/24 4:29:01 PM ET
    $AMG
    Investment Managers
    Finance
    Get the next $AMG alert in real time by email
    SC 13G/A 1 edgepoint_amg123123a7.htm



     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION
    Washington, DC 20549

     

    SCHEDULE 13G/A

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 7)*



    AFFILIATED MANAGERS GROUP, INC.

    (Name of Issuer)

     

    Common Stock ($0.01 par value)

    (Title of Class of Securities)

     

    008252108

    (CUSIP Number)

     

     

    December 31, 2023
    (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)

    o Rule 13d-1(c)

    o 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).

     


     

    CUSIP No.  008252108
     SCHEDULE 13G/A
    Page 2 of 6 Pages

     

             
    1
    NAME OF REPORTING PERSONS
     
    EdgePoint Investment Group Inc.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a) o
    (b) x
     
    3
    SEC USE ONLY
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    Ontario, Canada
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    0
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    0
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    0
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     
     
    o
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    0.0%
    12
    TYPE OF REPORTING PERSON
     
    IA, FI

     


     

     

    CUSIP No. 008252108
     SCHEDULE 13G/A
    Page 3 of 6 Pages

     

    Item 1.(a) Name of Issuer

    AFFILIATED MANAGERS GROUP, INC.

    Item 1.(b) Address of Issuer’s Principal Executive Offices

    777 South Flagler Drive

    West Palm Beach, Florida 33401

    Item 2.(a, b, c) Names of Person Filing, Address of Principal Business Office, Citizenship:

    This Schedule 13G is being filed on behalf of EdgePoint Investment Group Inc. ("EdgePoint") with respect to share of Common Stock, with par value $0.01 per share ("Common Stock"), of Affiliated Managers Group, Inc. (the "Issuer").

    EdgePoint acts as investment manager to, and exercises investment discretion with respect to the Common Stock directly owned by, a number of private investment funds and mutual fund trusts.

     

    150 Bloor Street West, Suite 500

    Toronto, Ontario M5S 2X9, Canada

    Ontario, Canada

      

    Item 2.(d) Title of Class of Securities

    Common Stock ($0.01 par value) (the “Common Stock”)

     

    Item 2.(e) CUSIP No.:

    008252108

     

    CUSIP No.  008252108
     SCHEDULE 13G/A
    Page 4 of 6 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:

      (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
     
      (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
     
      (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
     
      (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
     
      (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
      (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
      (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
     
      (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
      (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
     
      (j) x A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
     
      (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
           

     

    CUSIP No. 008252108
     SCHEDULE 13G/A
    Page 5 of 6 Pages

     

     

    Item 4. Ownership

    Information with respect to the Reporting Person’s ownership of the Common Stock as of December 31, 2023, is incorporated by reference to items (5) - (9) and (11) of the cover page for the Reporting Person.

    The amount beneficially owned by the Reporting Person is determined based on 33,808,636 shares of common stock outstanding as of November 2, 2023, as the Issuer reported in its 10-Q filed with the SEC on November 6, 2023.

    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 [X].

    Item 6. Ownership of More Than Five Percent on Behalf of Another Person

    Not Applicable.

    Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not Applicable.

    Item 8. Identification and Classification of Members of the Group

    Not Applicable.

    Item 9. Notice of Dissolution of Group 

    Not Applicable.

    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.

     

     
    CUSIP No. 008252108
     SCHEDULE 13G/A
    Page 6 of 6 Pages

     

     

    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: February 14, 2024

     

     

     

     

    EdgePoint Investment Group Inc.

           
      By:  /s/ Sayuri Childs
        Sayuri Childs, Chief Compliance Officer
           
           

     

    Get the next $AMG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AMG

    DatePrice TargetRatingAnalyst
    1/6/2025$193.00 → $191.00Buy → Neutral
    Goldman
    11/5/2024$226.00 → $177.00Buy → Hold
    TD Cowen
    1/4/2024$185.00Outperform
    TD Cowen
    11/28/2022$149.00 → $192.00Hold → Buy
    Jefferies
    11/21/2022$182.00Buy
    Goldman
    10/19/2022$140.00Outperform
    Credit Suisse
    2/18/2022$190.00 → $183.00Buy
    Deutsche Bank
    2/8/2022$211.00 → $190.00Buy
    Deutsche Bank
    More analyst ratings

    $AMG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Affiliated Managers Group Inc.

      SC 13G/A - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Subject)

      11/6/24 5:16:44 PM ET
      $AMG
      Investment Managers
      Finance
    • SEC Form SC 13G/A filed by Affiliated Managers Group Inc. (Amendment)

      SC 13G/A - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Subject)

      2/14/24 4:29:01 PM ET
      $AMG
      Investment Managers
      Finance
    • SEC Form SC 13G/A filed by Affiliated Managers Group Inc. (Amendment)

      SC 13G/A - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Subject)

      2/13/24 4:55:57 PM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    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
    • Affiliated Managers downgraded by Goldman with a new price target

      Goldman downgraded Affiliated Managers from Buy to Neutral and set a new price target of $191.00 from $193.00 previously

      1/6/25 7:30:16 AM ET
      $AMG
      Investment Managers
      Finance
    • Affiliated Managers downgraded by TD Cowen with a new price target

      TD Cowen downgraded Affiliated Managers from Buy to Hold and set a new price target of $177.00 from $226.00 previously

      11/5/24 6:11:16 AM ET
      $AMG
      Investment Managers
      Finance
    • TD Cowen initiated coverage on Affiliated Managers with a new price target

      TD Cowen initiated coverage of Affiliated Managers with a rating of Outperform and set a new price target of $185.00

      1/4/24 7:25:23 AM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • AMG Reports Financial and Operating Results for the First Quarter of 2025

      New partnerships with Verition Fund Management and Qualitas Energy, together with Q1 investment in NorthBridge Partners, further diversify AMG's business and broaden its participation in alternatives, in line with its growth strategyAffiliate Peppertree Capital Management to be acquired, marking culmination of AMG investment and a successful outcome for all stakeholdersStrong net client cash inflows in alternatives of approximately $14 billion, driven by both liquid alternatives and private marketsRepurchased approximately $173 million in common stock in the first quarter WEST PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment man

      5/8/25 6:50:00 AM ET
      $AMG
      Investment Managers
      Finance
    • AMG and Qualitas Energy Announce Partnership

      AMG to invest in Qualitas Energy, a leading renewables-focused global infrastructure manager specializing in energy transition with more than €3.5 billion in AUMQualitas Energy has a distinctive competitive position given its opportunistic value-add approach, vertically integrated industrial platform, and strategically tailored, market-specific solutionsPartnership will expand AMG's participation in private markets and alternatives more broadly WEST PALM BEACH, FL, and MADRID, May 08, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced that it has entered into a definitive agreement to acquire a minority equity int

      5/8/25 6:45:02 AM ET
      $AMG
      Investment Managers
      Finance
    • Peppertree Capital Management to Be Acquired by TPG

      Marks Successful Culmination of AMG Partnership WEST PALM BEACH, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced that it has entered into an agreement to sell its equity interest in Peppertree Capital Management, Inc. ("Peppertree") as part of the announced acquisition of Peppertree by TPG Inc. Founded in 2004 by co-Presidents Ryan Lepene and Howard Mandel, Peppertree is a leading specialized digital infrastructure investment firm with a focus on wireless communications towers. Since AMG's minority investment, Peppertree has grown and developed its business, including through the support of AMG's

      5/6/25 4:31:41 PM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    Insider Trading

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

    See more
    • General Counsel & Corp. Sec. Padiyar Kavita exercised 25,000 shares at a strike of $73.81 and covered exercise/tax liability with 17,407 shares, increasing direct ownership by 42% to 25,700 units (SEC Form 4)

      4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

      5/13/25 5:07:38 PM ET
      $AMG
      Investment Managers
      Finance
    • Director Churchill Dwight D. covered exercise/tax liability with 1,178 shares and exercised 1,353 shares at a strike of $160.01, increasing direct ownership by 0.64% to 27,632 units (SEC Form 4)

      4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

      5/13/25 5:06:12 PM ET
      $AMG
      Investment Managers
      Finance
    • Director Palandjian Tracy P. exercised 4,501 shares at a strike of $118.02 and covered exercise/tax liability with 2,891 shares, increasing direct ownership by 11% to 16,769 units (SEC Form 4)

      4 - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Issuer)

      5/13/25 5:04:08 PM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    Leadership Updates

    Live Leadership Updates

    See more
    • Reuben Jeffery III Appointed as Chair of AMG Board of Directors; Dwight D. Churchill to Continue to Serve on AMG's Board

      WEST PALM BEACH, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment firms globally, today announced the appointment of independent Board member Reuben Jeffery III as Chair, effective January 26, 2024. Most recent Board Chair Dwight D. Churchill will continue to serve on AMG's Board of Directors, including as Chair of its Nominating and Governance Committee. Mr. Jeffery has served as a Director of the Company since April 2020. He served as President and Chief Executive Officer and member of the board of Rockefeller & Co. from 2010 to 2018; previously, Mr. Jeffery served seven years in the U.S. government in a variety of positions, including as Under Se

      1/29/24 8:00:06 AM ET
      $AMG
      Investment Managers
      Finance
    • AMG Appoints Loren M. Starr to its Board of Directors

      WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointment of Loren M. Starr to its Board of Directors, effective immediately. Mr. Starr retired from Invesco Ltd. in March 2021, having served as Chief Financial Officer of the company for 15 years, from 2005 to 2020, after which he held an executive advisory role as Invesco's Vice Chair until his retirement. Prior to joining Invesco in 2005, Mr. Starr served as the Chief Financial Officer of Janus Capital Group Inc. from 2001 to 2005, and held senior corporate finance roles with Putnam Investments, Lehman Brothers Inc., and Morgan Sta

      9/25/23 8:00:35 AM ET
      $AMG
      Investment Managers
      Finance
    • AMG Appoints David C. Ryan to its Board of Directors

      WEST PALM BEACH, Fla., July 21, 2021 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE:AMG), a leading partner to independent active investment management firms, today announced the appointment of David C. Ryan to its Board of Directors, effective immediately. Mr. Ryan is a corporate advisor to Singapore-based Temasek Holdings, and serves on the boards of directors of ADT Inc.; Mapletree Investments Pte Ltd., a Singapore-based real estate development, investment, capital and property management company; and Tiga Acquisition Corp., a Singapore-based special purpose acquisition company. Mr. Ryan's 22-year career at Goldman Sachs & Co., where he was a partner, spanned a variety of ro

      7/21/21 4:30:00 PM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    Financials

    Live finance-specific insights

    See more
    • AMG Reports Financial and Operating Results for the First Quarter of 2025

      New partnerships with Verition Fund Management and Qualitas Energy, together with Q1 investment in NorthBridge Partners, further diversify AMG's business and broaden its participation in alternatives, in line with its growth strategyAffiliate Peppertree Capital Management to be acquired, marking culmination of AMG investment and a successful outcome for all stakeholdersStrong net client cash inflows in alternatives of approximately $14 billion, driven by both liquid alternatives and private marketsRepurchased approximately $173 million in common stock in the first quarter WEST PALM BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment man

      5/8/25 6:50:00 AM ET
      $AMG
      Investment Managers
      Finance
    • AMG to Announce First Quarter Results on May 8, 2025

      Conference Call Scheduled for 12:00 p.m. Eastern Time WEST PALM BEACH, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the first quarter ended March 31, 2025 before the market opens on Thursday, May 8, 2025. A conference call will be held at 12:00 p.m. Eastern time on the same day. In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive Officer, Thomas M. Wojcik, Chief Operating Officer, and Dava E. Ritchea, Chief Financial Officer, will host the session. Parties interested in listening to the con

      5/1/25 5:30:42 PM ET
      $AMG
      Investment Managers
      Finance
    • AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2024

      Company reports EPS of $4.92, Economic EPS of $6.53 in the fourth quarter of 2024EPS of $15.13, Economic EPS of $21.36 for the full year 2024 New partnership with NorthBridge Partners, a private markets manager specializing in industrial logistics real estate assetsNet income (controlling interest) of $512 million, Economic Net Income (controlling interest) of $702 million10% full-year Economic Earnings per share growth reflects AMG's ongoing strategic evolution and disciplined capital allocation strategyRepurchased $700 million in common stock or approximately 13% of shares outstanding in 2024 WEST PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading i

      2/6/25 6:50:58 AM ET
      $AMG
      Investment Managers
      Finance

    $AMG
    SEC Filings

    See more
    • SEC Form 8-K filed by Affiliated Managers Group Inc.

      8-K - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Filer)

      5/22/25 4:30:28 PM ET
      $AMG
      Investment Managers
      Finance
    • SEC Form 13F-NT filed by Affiliated Managers Group Inc.

      13F-NT - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Filer)

      5/13/25 4:31:02 PM ET
      $AMG
      Investment Managers
      Finance
    • SEC Form 10-Q filed by Affiliated Managers Group Inc.

      10-Q - AFFILIATED MANAGERS GROUP, INC. (0001004434) (Filer)

      5/8/25 4:43:53 PM ET
      $AMG
      Investment Managers
      Finance