[SCHEDULE 13G/A] Colliers International Group Inc. Subordinate Voting Shares SEC Filing
Durable Capital Partners LP reports beneficial ownership of 3,625,501 Subordinate Voting Shares of Colliers International Group Inc., representing 7.4% of the class based on 49,297,832 outstanding shares as reported in the issuer's Form 6-K filed May 9, 2025. The filing states Durable Capital Master Fund LP directly holds the shares and Durable Capital Partners LP, as its investment adviser, has sole voting and dispositive power. Durable Capital Partners GP LLC is the Reporting Person's general partner and Henry Ellenbogen is identified as the chief investment officer and managing member of Durable GP. The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Durable Capital Partners LP dichiara la detenzione beneficiaria di 3.625.501 Azioni Ordinarie Subordinate di Colliers International Group Inc., pari al 7,4% della categoria, calcolato su 49.297.832 azioni in circolazione come indicato nel Form 6-K dell'emittente depositato il 9 maggio 2025. Nel deposito si precisa che Durable Capital Master Fund LP detiene direttamente le azioni e che Durable Capital Partners LP, in qualità di consulente di investimento, ha l'esclusivo potere di voto e di disposizione. Durable Capital Partners GP LLC è la società accomandataria della Reporting Person e Henry Ellenbogen è identificato come chief investment officer e membro dirigente di Durable GP. Il deposito certifica inoltre che le azioni sono state acquisite e sono detenute nell'ambito normale dell'attività commerciale e non con l'intento di modificare o influenzare il controllo dell'emittente.
Durable Capital Partners LP informa de la titularidad beneficiaria de 3.625.501 Acciones Ordinarias Subordinadas de Colliers International Group Inc., lo que representa el 7,4% de la clase según 49.297.832 acciones en circulación, según consta en el Formulario 6-K de la emisora presentado el 9 de mayo de 2025. La presentación indica que Durable Capital Master Fund LP posee directamente las acciones y que Durable Capital Partners LP, como asesor de inversiones, tiene el poder exclusivo de voto y disposición. Durable Capital Partners GP LLC es la sociedad gestora (general partner) de la Reporting Person y Henry Ellenbogen figura como director de inversiones y miembro gerente de Durable GP. El documento certifica además que las acciones fueron adquiridas y se mantienen en el curso ordinario del negocio y no con la intención de cambiar o influir en el control de la emisora.
Durable Capital Partners LP� Colliers International Group Inc.� 보통종류(Subordinate Voting Shares) 3,625,501주를 실질 소유하고 있으�, 이는 발행주식 � 49,297,832주를 기준으로 해당 종류� 7.4%� 해당한다� 보고했습니다(발행인의 Form 6-K, 2025� 5� 9� 제출 기준). 제출서류에는 Durable Capital Master Fund LP가 해당 주식� 직접 보유하고 있으�, Durable Capital Partners LP가 투자자문사로� 단독 의결� � 처분권을 보유하고 있다� 명시되어 있습니다. Durable Capital Partners GP LLC� 보고 주체� 일반 파트너이�, Henry Ellenbogen은 Durable GP� 최고투자책임자이� 매니� 멤버� 확인됩니�. 또한 제출서류� 해당 주식� 영업� 통상적인 범위에서 취득·보유� 것이� 발행인의 지배권 변경이� 영향력을 행사하려� 목적� 아님� 증명합니�.
Durable Capital Partners LP déclare la propriété bénéficiaire de 3 625 501 actions à droit de vote subordonné de Colliers International Group Inc., représentant 7,4 % de la catégorie sur la base de 49 297 832 actions en circulation, tel qu'indiqué dans le formulaire 6-K de l'émetteur déposé le 9 mai 2025. Le dépôt précise que Durable Capital Master Fund LP détient directement les actions et que Durable Capital Partners LP, en tant que conseiller en investissement, détient le pouvoir exclusif de vote et de disposition. Durable Capital Partners GP LLC est le commandité (general partner) de la personne déclarante et Henry Ellenbogen est identifié comme directeur des investissements et membre gérant de Durable GP. Le document certifie en outre que les actions ont été acquises et sont détenues dans le cadre normal des activités et non dans le but de modifier ou d'influencer le contrôle de l'émetteur.
Durable Capital Partners LP meldet eine wirtschaftliche Inhaberschaft von 3.625.501 nachrangigen stimmberechtigten Aktien (Subordinate Voting Shares) der Colliers International Group Inc., was 7,4 % der Klasse entspricht, basierend auf 49.297.832 ausstehenden Aktien laut dem vom Emittenten am 9. Mai 2025 eingereichten Form 6-K. Die Einreichung enthält die Angabe, dass Durable Capital Master Fund LP die Aktien direkt hält und Durable Capital Partners LP als Anlageberater alleinige Stimm- und Verfügungsgewalt besitzt. Durable Capital Partners GP LLC ist der General Partner der meldenden Person, und Henry Ellenbogen wird als Chief Investment Officer und geschäftsführendes Mitglied von Durable GP benannt. Die Einreichung bestätigt zudem, dass die Aktien im ordentlichen Geschäftsbetrieb erworben und gehalten werden und nicht mit der Absicht, die Kontrolle über den Emittenten zu ändern oder zu beeinflussen.
- Material minority stake disclosed: Durable Capital holds 3,625,501 shares equal to 7.4% of Subordinate Voting Shares, a sizable position that increases transparency.
- Clear governance chain: Filing identifies the direct holder (Durable Capital Master Fund LP), reporting adviser (Durable Capital Partners LP), general partner (Durable Capital Partners GP LLC), and named officer (Henry Ellenbogen).
- Ordinary-course certification: The reporting person certifies the shares are held in the ordinary course and not to influence control, reducing concerns about immediate activist activity.
- None.
Insights
TL;DR: A 7.4% passive stake by an institutional adviser is material but disclosed as non-control and held in the ordinary course.
Durable Capital's 3.625 million-share position equals a meaningful minority stake that could attract investor attention given its size relative to outstanding Subordinate Voting Shares. The disclosure clarifies sole voting and dispositive power resides with the adviser for Durable Capital Master Fund LP, while stating the holding is not intended to influence control. For investors and governance watchers, the filing confirms the reporting chain (Fund � Reporting Adviser � Durable GP � Henry Ellenbogen) and provides transparency on decision authority. No transactions, change-in-control intentions, or derivative positions are disclosed.
TL;DR: The filing provides clear governance and control disclosure, signaling no active takeover intent.
The Schedule 13G/A appropriately identifies the beneficial owner, the adviser with sole voting/dispositive power, and the relevant personnel and entities. The certification that holdings are in the ordinary course and not for changing control reduces regulatory and market concern about activist intent. Stakeholders should note the position size is above 5%, which triggers reporting; however, no plans or arrangements affecting control are described.
Durable Capital Partners LP dichiara la detenzione beneficiaria di 3.625.501 Azioni Ordinarie Subordinate di Colliers International Group Inc., pari al 7,4% della categoria, calcolato su 49.297.832 azioni in circolazione come indicato nel Form 6-K dell'emittente depositato il 9 maggio 2025. Nel deposito si precisa che Durable Capital Master Fund LP detiene direttamente le azioni e che Durable Capital Partners LP, in qualità di consulente di investimento, ha l'esclusivo potere di voto e di disposizione. Durable Capital Partners GP LLC è la società accomandataria della Reporting Person e Henry Ellenbogen è identificato come chief investment officer e membro dirigente di Durable GP. Il deposito certifica inoltre che le azioni sono state acquisite e sono detenute nell'ambito normale dell'attività commerciale e non con l'intento di modificare o influenzare il controllo dell'emittente.
Durable Capital Partners LP informa de la titularidad beneficiaria de 3.625.501 Acciones Ordinarias Subordinadas de Colliers International Group Inc., lo que representa el 7,4% de la clase según 49.297.832 acciones en circulación, según consta en el Formulario 6-K de la emisora presentado el 9 de mayo de 2025. La presentación indica que Durable Capital Master Fund LP posee directamente las acciones y que Durable Capital Partners LP, como asesor de inversiones, tiene el poder exclusivo de voto y disposición. Durable Capital Partners GP LLC es la sociedad gestora (general partner) de la Reporting Person y Henry Ellenbogen figura como director de inversiones y miembro gerente de Durable GP. El documento certifica además que las acciones fueron adquiridas y se mantienen en el curso ordinario del negocio y no con la intención de cambiar o influir en el control de la emisora.
Durable Capital Partners LP� Colliers International Group Inc.� 보통종류(Subordinate Voting Shares) 3,625,501주를 실질 소유하고 있으�, 이는 발행주식 � 49,297,832주를 기준으로 해당 종류� 7.4%� 해당한다� 보고했습니다(발행인의 Form 6-K, 2025� 5� 9� 제출 기준). 제출서류에는 Durable Capital Master Fund LP가 해당 주식� 직접 보유하고 있으�, Durable Capital Partners LP가 투자자문사로� 단독 의결� � 처분권을 보유하고 있다� 명시되어 있습니다. Durable Capital Partners GP LLC� 보고 주체� 일반 파트너이�, Henry Ellenbogen은 Durable GP� 최고투자책임자이� 매니� 멤버� 확인됩니�. 또한 제출서류� 해당 주식� 영업� 통상적인 범위에서 취득·보유� 것이� 발행인의 지배권 변경이� 영향력을 행사하려� 목적� 아님� 증명합니�.
Durable Capital Partners LP déclare la propriété bénéficiaire de 3 625 501 actions à droit de vote subordonné de Colliers International Group Inc., représentant 7,4 % de la catégorie sur la base de 49 297 832 actions en circulation, tel qu'indiqué dans le formulaire 6-K de l'émetteur déposé le 9 mai 2025. Le dépôt précise que Durable Capital Master Fund LP détient directement les actions et que Durable Capital Partners LP, en tant que conseiller en investissement, détient le pouvoir exclusif de vote et de disposition. Durable Capital Partners GP LLC est le commandité (general partner) de la personne déclarante et Henry Ellenbogen est identifié comme directeur des investissements et membre gérant de Durable GP. Le document certifie en outre que les actions ont été acquises et sont détenues dans le cadre normal des activités et non dans le but de modifier ou d'influencer le contrôle de l'émetteur.
Durable Capital Partners LP meldet eine wirtschaftliche Inhaberschaft von 3.625.501 nachrangigen stimmberechtigten Aktien (Subordinate Voting Shares) der Colliers International Group Inc., was 7,4 % der Klasse entspricht, basierend auf 49.297.832 ausstehenden Aktien laut dem vom Emittenten am 9. Mai 2025 eingereichten Form 6-K. Die Einreichung enthält die Angabe, dass Durable Capital Master Fund LP die Aktien direkt hält und Durable Capital Partners LP als Anlageberater alleinige Stimm- und Verfügungsgewalt besitzt. Durable Capital Partners GP LLC ist der General Partner der meldenden Person, und Henry Ellenbogen wird als Chief Investment Officer und geschäftsführendes Mitglied von Durable GP benannt. Die Einreichung bestätigt zudem, dass die Aktien im ordentlichen Geschäftsbetrieb erworben und gehalten werden und nicht mit der Absicht, die Kontrolle über den Emittenten zu ändern oder zu beeinflussen.