Chuck Royce‘s Royce & Associates recently filed an amended 13G filing with the US Securities and Exchange office, in which it disclosed holding 1.1 million shares of Power Solutions International Inc. (NASDAQ:PSIX), which amass 10.09% of the company’s outstanding stock. The position was increased from 880,161 shares the fund disclosed in its last 13F filing (for the end of the third quarter).
Power Solutions International is a company that produces various low-emission power systems that operate on natural gas and other non-diesel fuels. Over the past 12 months, the company’s shares have lost 54.70%.
Out of the 742 hedge funds tracked by Insider Monkey, at the end of September there was only one other fund, besides Royce & Associates, bullish on Power Solutions International Inc. (NASDAQ:PSIX). It was Adam Wright and Gary Kohler’s Blue Clay Capital, which held a $252,000 stake.
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You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Royce Associates | 1,098,206 | 10.09% |
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Page 1 of 2 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information statement pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No.)
Power Solutions International, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
73933G202
(CUSIP Number)
Date of Event Which Requires Filing of this Statement: December 31, 2016
*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. 73933G202 13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Royce & Associates, LP 52-2343049
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
NUMBER OF 5 SOLE VOTING POWER
SHARES 1,098,206
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,098,206
PERSON 8 SHARED DISPOSITIVE POWER
WITH
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 1,098,206
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.09%
12 TYPE OF REPORTING PERSON
IA
CUSIP No. 73933G202 13G
Item 1(a) Name of Issuer:
Power Solutions International, Inc.
Item 1(b) Address of Issuer’s Principal Executive Offices:
Chief Financial Officer
201 Mittel Drive
Wood Dale, IL 60191
Item 2(a) Name of Persons Filing:
Royce & Associates, LP
Item 2(b) Address of Principal Business Office, or, if None, Residence:
745 Fifth Avenue, New York, NY 10151
Item 2(c) Citizenship:
New York Corporation
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
73933G202
Item 3 If this statement is filed pursuant to rules 13d-1(b), or 13d-
2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act
(d) [ ] Investment Company registered under Section 8 of
the Investment Company Act
(e) [X] Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment Fund
(g) [ ] Parent Holding Company, in accordance with Rule 13d-1 (b)(ii)(G)
(h) [ ] Group
CUSIP No. 73933G202 13G
Item 4 Ownership
(a) Amount Beneficially Owned:
1,098,206
(b) Percent of Class:
10.09%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,098,206
(ii) shared power to vote or to direct the vote
__________
(iii) sole power to dispose or to direct the disposition
of 1,098,206
(iv) shared power to dispose or to direct the
disposition of __________
Item 5 Ownership of Five Percent or Less of a Class. [ ]
Item 6 Ownership of More than Five Percent on Behalf of Another Person .
NONE
Item 7 Identification and Classification of the Subsidiary Which Acquired
The Security Being Reported on by the Parent Holding
Company.
NOT APPLICABLE
Item 8 Identification and Classification of Members of the Group.
NOT APPLICABLE
Item 9 Notice of Dissolution of Group.
NOT APPLICABLE
CUSIP No. 73933G202 13G
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 with respect
to it is true, complete and correct.
Date: January 03, 2017
