Ameriprise Financial Reports 5.6% Stake in Burford Capital Ltd via Subsidiary Columbia Management
Ameriprise Financial, Inc. (AFI) filed a Schedule 13G/A on May 15, 2026, reporting a 5.6% ownership stake in Burford Capital Ltd as of March 31, 2026. The filing indicates that AFI beneficially owns 12,318,250 shares of common stock. This position is largely held through its subsidiary, Columbia Management Investment Advisers, LLC (CMIA), which separately reported beneficial ownership of 11,398,967 shares (5.2%). AFI, as the parent company, is deemed to beneficially own the shares held by CMIA. The reporting persons share voting power over 11,673,495 shares and shared dispositive power over the full 12,318,250 shares. Both entities disclaim beneficial ownership of the reported shares, asserting that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks an increase from a previous 0% ownership level reported in prior snapshots.