Fund 1 Investments, LLC Reports 3.92% Stake in Genesco Inc. (GCO) via Schedule 13G/A
Fund 1 Investments, LLC filed a Schedule 13G/A on May 15, 2026, reporting a 3.92% stake in Genesco Inc. (GCO). The filing indicates that the reporting person beneficially owns 425,310 shares of common stock. These shares are held by private investment vehicles managed by Pleasant Lake Partners LLC, for which Fund 1 Investments, LLC serves as the managing member. Jonathan Lennon is the managing member of Fund 1 Investments, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of its pecuniary interest. The ownership percentage is based on 10,858,224 shares outstanding as of March 13, 2026. This filing marks an increase from a previously reported zero position, though the total ownership remains below the 5% threshold, as indicated by the 'Item 5' certification that the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities. The securities were acquired in the ordinary course of business.