James A. Star‘s Longview Asset Management recently filed a Form 13G with the SEC, in which it disclosed a new stake in Univar Inc. (NYSE:UNVR). Longview Asset Management reported owning 12.05 million common shares of Univar Inc. (NYSE:UNVR) which account for 8.73% of the company’s outstanding stock.
Univar (NYSE:UNVR) is a company which distributes chemistry and related products ascross the U.S, Canada, Europe, the Middle East, Africa, and other parts of the world. Recently, the company’s ChemCareSM Waste Management Service gained high recognition in the form of being awarded the OSHA’s Highest Certification for Exemplary Safety and Health Management. Over the past 12 months, the company’s shares have dropped by 22.4%. For the first quarter of 2016, Univar (NYSE:UNVR) reported GAAP earnings per share of $0.10, in-line with estimates, and revenue of $2.00 billion, slightly above the estimates of $1.97 billion.
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As per our database, the most valuable position in Univar (NYSE:UNVR) at the end of March was held by John Smith Clark’s Southpoint Capital Advisors, worth close to $57.1 million, with the second-biggest position being reported by John A. Levin’s Levin Capital Strategies, valued at $45.1 million. Other investors long the stock were Matthew Iorio’s White Elm Capital, Ken Griffin’s Citadel Investment Group, and Israel Englander’s Millennium Management.
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On the other hand, investors who lost interest in Univar (NYSE:UNVR), and sold off their positions during the quarter were Glenn Russell Dubin’s Highbridge Capital Management, which said goodbye to $11.6 million in stock, and Adam Weiss’ Stillwater Investment Management, which cut about $6.1 million worth of shares.
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 |
|---|---|---|---|---|---|---|
| Longview Asset Management | 6. | 12,048,386 | 8. | 12,048,386 | 12,048,386 | 8.73% |
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Page 1 of 5 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________
| Univar Inc. |
| (Name of Issuer) |
| Common Stock, $0.01 par value per share |
| (Title of Class of Securities) |
| 91336L107 |
| (CUSIP Number) |
| May 27, 2016 |
| (Date of Event Which Requires Filing of this Statement) |
| ☐ | Rule 13d-1(b) |
| ý | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
