Donald Smith & Co., Inc. Acquires 6.56% Stake in Motorcar Parts of America, Inc.

On May 14, 2026, Donald Smith & Co., Inc. filed a Schedule 13G indicating a new substantial position in Motorcar Parts of America, Inc. (MPAA). As of the event date on March 31, 2026, the filer reported beneficial ownership of 1,260,044 shares of common stock, representing a 6.56% ownership stake in the company. This filing marks an increase from a previous 0% position, establishing the investment advisor as a significant shareholder. The reporting group includes Donald Smith & Co., Inc., DSCO Value Fund, L.P., and John Piermont. According to the filing, Donald Smith & Co., Inc. holds sole voting power over 1,121,319 shares and sole dispositive power over 1,248,469 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. No single client of the investment advisor owns more than 5% of the class of securities reported.