American Axle & Manufacturing Holdings, Inc.: Verition Fund Management Discloses 0.25% Stake

Verition Fund Management LLC has disclosed a 0.25% interest in American Axle & Manufacturing Holdings, Inc.'s USD 0.01 Common stock (US0240611030) with 293,960 shares owned and/or controlled, and a short position of 1.66% with 1,958,123 shares. The fund also has a 0.09% interest in cash-settled derivatives and a small short position in stock-settled derivatives. The disclosure was made on August 26, 2025.

Verition Fund Management LLC, a prominent investment management firm, has recently disclosed a significant stake in American Axle & Manufacturing Holdings, Inc. (AAM) through its Form 8.3 filing. The disclosure, made on August 26, 2025, reveals that the fund holds a 0.25% interest in AAM's USD 0.01 Common stock (US0240611030), equating to 293,960 shares. Additionally, Verition has a short position of 1.66% in AAM's shares, representing 1,958,123 shares. The fund also holds a 0.09% interest in cash-settled derivatives and a small short position in stock-settled derivatives [1].

The disclosure underscores Verition's strategic positioning within the automotive manufacturing sector. AAM, a key player in the industry, specializes in the design, development, and manufacturing of drivetrain components and systems. Verition's substantial stake in AAM reflects its confidence in the company's growth prospects and the potential for value appreciation in its shares.

The Form 8.3 filing is governed by Rule 8.3 of the Takeover Code, which mandates disclosures by persons with interests in relevant securities representing 1% or more of the offeror or offeree. Verition's disclosure is aimed at maintaining transparency and adhering to regulatory requirements. The information provided offers valuable insights into Verition's investment strategy and its involvement in AAM's equity structure.

Verition's involvement in AAM's equity is significant and may influence the company's strategic decisions and financial performance. Investors and financial professionals should closely monitor the developments surrounding Verition's stake and AAM's future prospects. The disclosure serves as a reminder of the importance of regulatory compliance and the transparency required in corporate governance.

References:
[1] https://www.businesswire.com/news/home/20250826589078/en/
[2] https://www.tradingview.com/news/reuters.com,2025-08-27:newsml_RSa9163Wa:0-reg-american-century-inv-american-axle-mfg-form-8-3-american-axle-manufacturing-holdings/