American Century 13G/A shows 4.7% stake in MSC (NYSE: MSM)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
American Century Investment Management, Inc., American Century Companies, Inc. and Stowers Institute for Medical Research filed an amendment to a Schedule 13G/A reporting beneficial ownership of 2,612,963 shares of MSC Industrial Direct Co., Inc. common stock, representing 4.7% of the class as shown on the cover page.
The filing lists 2,517,478 shares as sole voting power and identifies CUSIP 553530106; signatories include John Pak and Joselyn Verschelden.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 2,612,963 shares
Sole voting power: 2,517,478 shares
Percent of class: 4.7%
+2 more
5 metrics
Beneficial ownership
2,612,963 shares
reported on cover page
Sole voting power
2,517,478 shares
sole voting power reported on cover page
Percent of class
4.7%
percent of class reported on cover page
CUSIP
553530106
common stock identifier
Cover page date
03/31/2026
date shown near cover data
Key Terms
Schedule 13G/A, Sole Dispositive Power, Beneficial ownership, Investment adviser
4 terms
Schedule 13G/A regulatory
"Amendment No. 1 MSC Industrial Direct Co., Inc. 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
"7 | Sole Dispositive Power 2,612,963.00"
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.
Beneficial ownership financial
"Item 4. | Ownership (a) | Amount beneficially owned"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Investment adviser regulatory
"ACIM serves as investment adviser to various clients"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
What stake does American Century report in MSC Industrial (MSM)?
They report beneficial ownership of 2,612,963 shares, equal to 4.7%. The Schedule 13G/A cover page lists 2,517,478 shares with sole voting power and CUSIP 553530106 for the common stock.
Who filed the 13G/A amendment for MSM and who signed it?
Filing parties are ACIM, ACC and Stowers Institute. The amendment is jointly filed and signed by John Pak (Senior Vice President) and Joselyn Verschelden (Authorized Signer).
What voting and dispositive powers are reported in the MSM filing?
The filing shows 2,517,478 shares of sole voting power and 2,612,963 shares of sole dispositive power. Shared voting and dispositive powers are reported as 0.00 in the cover data.
What CUSIP and class of security are covered in this 13G/A for MSM?
The filing covers MSC Industrial Direct Co., Inc. common stock, CUSIP 553530106. The issuer address is listed as 515 Broadhollow Road, Melville, New York, 11747.
Does the Schedule 13G/A indicate a group or discretionary accounts?
The filing explains ACIM acts as investment adviser to various clients. It states no single advised client owns more than 5% and lists subsidiary/parent relationships among the filers.