Hudson Global, Inc. (HSON): Sagard Capital’s Ownership Drops to 13.1%

Dan Friedburg‘s Sagard Capital has filed a 13D on Hudson Global Inc (NASDAQ:HSON), which represents one of the hedge fund’s largest holdings as of the end of 2015. The new filing shows that Sagard Capital still owns 4.65 million shares of the company, but that its percentage of ownership of the stock has slipped to 13.1%, a drop of about 1 percentage point according to the filing. The drop is the result of more outstanding shares being in circulation, as disclosed in the company’s 10-K filed on March 3.

You can access Sagard Capital’s 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
Sagard Capital Partners 0 4,650,189 0 4,650,189 4,650,189 13.1%
Sagard Capital Partners GP, Inc 0 4,650,189 0 4,650,189 4,650,189 13.1%
Sagard Capital Partners Management Corp 0 4,650,189 0 4,650,189 4,650,189 13.1%
Dan Friedberg
Dan Friedberg
Sagard Capital Partners Management Corp

Page 1 of 11 SEC Filing

Washington, D.C. 20549

Under the Securities Exchange Act of 1934
(Amendment No. 8)*

Hudson Global, Inc.
(Name of Issuer)

Common Stock, $0.001 par value
(Title Class of Securities)

(CUSIP Number)

Dan Friedberg
Sagard Capital Partners, L.P.
325 Greenwich Avenue
Greenwich, CT 06830
(203) 629-6700

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

March 4, 2016
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [   ].

NOTE:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on 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).

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