STOCK TITAN

Dimensional Fund Advisors reports 3.39M‑share stake in Great Lakes Dredge & Dock (GLDD)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Great Lakes Dredge & Dock Corp ownership update: Dimensional Fund Advisors reports beneficial ownership of 3,386,372 shares, representing 5.1% of the company's common stock. The filing states Dimensional has sole voting power for 3,347,197 shares and sole dispositive power for 3,386,372 shares, and disclaims beneficial ownership because the shares are owned by client funds.

The filing explains these shares are held by multiple registered investment funds advised or sub‑advised by Dimensional; no single fund is known to exceed 5% of the class. The report is an amendment to a prior Schedule 13G.

Positive

  • None.

Negative

  • None.

Insights

Dimensional reports a passive, disclosed >5% stake held via client funds.

The filing shows 3,386,372 shares (5.1%) are owned by funds advised or sub‑advised by Dimensional, with voting and dispositive powers allocated as disclosed. Dimensional explicitly disclaims beneficial ownership because legal ownership rests with the Funds.

Key dependency is fund-level holdings and voting arrangements; the filing notes that no single Fund is known to exceed 5%. Subsequent filings would show material changes to this passive position.

Shares beneficially owned 3,386,372 shares Amount beneficially owned reported in Schedule 13G/A
Percent of class 5.1% Percent of GLDD common stock reported
Sole voting power 3,347,197 shares Sole power to vote or direct the vote
Sole dispositive power 3,386,372 shares Sole power to dispose or direct disposition
Filing amendment Amendment No. 13 This submission amends prior Schedule 13G filings
Schedule 13G/A regulatory
"Amendment No. 13 ) Great Lakes Dredge & Dock Corp Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 3,386,372"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Company Act funds regulatory
"investment companies registered under the Investment Company Act of 1940"
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390607109

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



Dimensional Fund Advisors LP
Signature:Selwyn Notelovitz
Name/Title:Global Chief Compliance Officer
Date:04/09/2026

FAQ

What stake does Dimensional Fund Advisors report in GLDD?

Dimensional reports beneficial ownership of 3,386,372 shares of GLDD, representing 5.1% of the common stock. The shares are held by investment funds advised or sub‑advised by Dimensional, per the filing.

How much voting power does Dimensional have in GLDD?

Dimensional reports sole voting power for 3,347,197 shares and shared voting power of 0 shares. These figures reflect Dimensional's voting authority over fund‑owned shares.

Does Dimensional claim beneficial ownership of the GLDD shares?

No; Dimensional disclaims beneficial ownership, stating the securities are owned by client Funds advised or sub‑advised by Dimensional. Ownership is reported because Dimensional may have voting or investment power over fund holdings.

Are any individual funds reported as holding more than 5% of GLDD?

The filing states that, to Dimensional's knowledge, no single Fund holds more than 5% of the class. The reported 5.1% stake reflects aggregate holdings across multiple Funds.

Who signed the Schedule 13G/A on behalf of Dimensional?

The filing is signed by Selwyn Notelovitz, Global Chief Compliance Officer, certifying the amendment to the Schedule 13G on behalf of Dimensional Fund Advisors.