Donald Smith & Co., Inc. Acquires 8.96% Stake in Harley-Davidson, Inc.

Donald Smith & Co., Inc. has filed a Schedule 13G reporting a significant new position in Harley-Davidson, Inc. (HOG). As of March 31, 2026, the investment advisor and its affiliate, DSCO Value Fund, L.P., beneficially own 10,016,874 shares of common stock, representing 8.96% of the class. This represents a substantial increase from a previously reported zero position. The filing indicates that Donald Smith & Co., Inc. holds sole voting power over 9,712,420 shares and sole dispositive power over 9,923,550 shares. The DSCO Value Fund, L.P. holds sole voting and dispositive power over 93,324 shares. The filing clarifies that the securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. No single client of the investment advisor is known to own more than 5% of the outstanding common stock. The reporting persons are based in New York and are organized under the laws of Delaware.