Kornitzer Capital Reports 6.5% Passive Stake in Landmark Bancorp
LANDMARK BANCORP INC
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Filing Summary
Kornitzer Capital Reports 6.5% Passive Stake in Landmark Bancorp
Company: LANDMARK BANCORP INC (Ticker: Not Available) Form: SCHEDULE 13G/A | Filed: 2025-10-10 Significance: Medium
Reporting Institution: KORNITZER CAPITAL MANAGEMENT INC /KS Title: Investment Adviser | Relationship: Institutional Holder (>5%)
Holdings as of 09/30/2025: • Security: Common Stock • Shares Owned: 376,339 • Percent of Class: 6.5%
Key Insight: Kornitzer Capital Management filed an amendment to their Schedule 13G, reaffirming a significant 6.5% passive ownership stake in Landmark Bancorp Inc.
Market Context: This filing indicates continued institutional interest in the company. As a passive stake (Rule 13d-1b), it does not signal an intent to influence company control, but confirms a large, stable shareholder.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: LANDMARK BANCORP INC
Executive Summary
- Trading Significance: Medium
- Key Takeaway: Kornitzer Capital Management, an institutional investment adviser, has filed an amendment to its Schedule 13G, reporting beneficial ownership of 6.5% of Landmark Bancorp Inc.'s common stock.
- Market Impact: The filing is likely to have a neutral market impact. It confirms a continued, significant passive stake by an institutional investor, which can be viewed as a sign of stability, but does not signal any new activist intent.
Company Information
| Field | Value |
|---|---|
| Company | LANDMARK BANCORP INC |
| Ticker Symbol | null |
| CIK | 0001141688 |
| Industry | National Commercial Banks [6021] |
Filer Information
| Field | Value |
|---|---|
| Name | KORNITZER CAPITAL MANAGEMENT INC /KS |
| CIK | 0000898358 |
| Title/Position | Investment Adviser |
| Relationship | Institutional Investor |
Ownership Details
| Field | Value |
|---|---|
| Form Type | SCHEDULE 13G/A (Amendment No. 10) |
| Event Date (Holdings as of) | 2025-09-30 |
| Security Type | Common Stock |
| Shares Beneficially Owned | 376,339 |
| Percent of Class | 6.5% |
| Sole Voting Power | 376,339 |
| Shared Dispositive Power | 119,258 |
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is an amendment to a pre-existing holding filed under Rule 13d-1(b), indicating a passive investment. Such filings typically do not cause significant price volatility unless they show a very large and unexpected change in position, which is not detailed here. The primary signal is one of continued institutional conviction.
Volume & Sentiment
- Expected Volume Impact: Low. Standard disclosure filings from passive investors rarely drive significant trading volume.
- Sentiment Indicator: Neutral. The filing confirms a large investor's position but does not imply any new action or thesis that would shift market sentiment bullish or bearish.
Investment Insights
Positive Market Indicators
- Institutional Confidence: A 6.5% stake held by an established investment manager indicates a level of confidence in the company's long-term value.
- Ownership Stability: Large, passive stakes can contribute to a more stable shareholder base.
Risk Factors
- Passive Intent: The filing explicitly states the shares were not acquired for the purpose of influencing control, so investors should not expect any activist-driven catalyst from this holder.
Key Takeaways
- Significant Holder: Kornitzer Capital Management remains a significant shareholder in Landmark Bancorp Inc.
- Passive Stake: The investment is passive, made in the ordinary course of business.
- Amendment Filing: This is Amendment No. 10, indicating a long-standing position that is periodically updated as required by SEC regulations.
Contextual Analysis
Filing Context
This Schedule 13G/A is an amendment filed by an institutional investor. The 'G' signifies a passive investment (as opposed to a 13D, which is for activist stakes). The filing certifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Company Context
Landmark Bancorp Inc. operates in the national commercial banking sector. The presence of significant institutional investors like Kornitzer Capital is common for publicly traded banks and is generally seen as a sign of a mature and stable business.
Risk Assessment
Risk Level: Low
Filing-Specific Risks
- The filing itself presents minimal risk. It is a routine disclosure of ownership.
Market Considerations
- The primary consideration for investors is the overall performance and outlook for Landmark Bancorp Inc. and the regional banking sector, not the filing itself.
- A future change to a 13D filing or a significant reduction in the stake would be a more impactful event to monitor.
IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.
Analysis generated on 2025-10-10 | Data source: SEC EDGAR
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
