Donald Smith & Co., Inc. Acquires 8.11% Stake in SiriusPoint Ltd (SPNT)
On May 14, 2026, Donald Smith & Co., Inc. filed a Schedule 13G indicating a new substantial position in SiriusPoint Ltd (SPNT). As of the event date on March 31, 2026, the investment advisor reported beneficial ownership of 9,486,460 common shares, representing an 8.11% stake in the company. The filing was made jointly with DSCO Value Fund, L.P., which holds 88,243 of those shares. Donald Smith & Co., Inc. maintains sole voting power over 9,156,827 shares and sole dispositive power over 9,398,217 shares. The shares were acquired in the ordinary course of business, and the filing indicates that the acquisition was not intended to influence or change the control of the issuer. This filing marks a significant increase from a previous 0% ownership level, establishing Donald Smith & Co., Inc. as a major institutional shareholder in the Bermuda-based insurance and reinsurance company.