Filing Details
- Accession Number:
- 0001504304-16-000191
- Form Type:
- 13D Filing
- Publication Date:
- 2016-06-23 16:20:37
- Filed By:
- Bulldog Investors
- Company:
- Stewart Information Services Corp (NYSE:STC)
- Filing Date:
- 2016-06-23
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Bulldog Investors | 586,570 | 545,630 | 586,570 | 545,630 | ||
Phillip Goldstein | 586,570 | 545,630 | 586,570 | 545,630 | ||
Andrew Dakos | 586,570 | 545,630 | 586,570 | 545,630 | ||
Steven Samuels | 586,570 | 545,630 | 586,570 | 545,630 |
SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 4/27/16 1. NAME OF REPORTING PERSON Bulldog Investors, LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 586,570 8. SHARED VOTING POWER 545,630 9. SOLE DISPOSITIVE POWER 586,570 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 545,630 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,132,200 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 4.85% 14. TYPE OF REPORTING PERSON IA ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 586,570 8. SHARED VOTING POWER 545,630 9. SOLE DISPOSITIVE POWER 586,570 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 545,630 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,132,200 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 4.85% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 586,570 8. SHARED VOTING POWER 545,630 9. SOLE DISPOSITIVE POWER 586,570 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 545,630 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,132,200 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 4.85% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Steven Samuels 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 586,570 8. SHARED VOTING POWER 545,630 9. SOLE DISPOSITIVE POWER 586,570 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 545,630 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,132,200 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 4.85% 14. TYPE OF REPORTING PERSON IN _______________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #1 to the schedule 13d filed February 26, 2015. Except as specifically set forth herein, the Schedule 13d remains unmodified.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As per the 10-Q filed on April 29,2016, there were 23,351,822 shares of common stock outstanding as of April 27, 2016. The percentages set forth herein were derived using such number. Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment advisor. As of June 22, 2016, Bulldog Investors, LLC is deemed to be the beneficial owner of 1,132,200 shares of STC (representing 4.85% of STC's outstanding shares) solely by virtue of Bulldog Investors LLC's power to direct the vote of,and dispose of, these shares. These 1,132,200 shares of STC include 586,570 shares (representing 2.51% of STC's outstanding shares) that are beneficially owned by the following entities over which Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity Partners LP, Calapasas West Partners LP, Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd., Full Value Partners, LP, and MCM Opportunity Partners, LP (collectively, "Bulldog Investors Group of Funds"). Bulldog Investors Group of Funds may be deemed to constitute a group. All other shares included in the aforementioned 1,132,200 shares of STC beneficially owned by Bulldog Investors LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 545,630 shares (representing 2.34% of STC's outstanding shares). (b)Bulldog Investors,LLC has sole power to dispose of and vote 586,570 shares. Bulldog Investors, LLC has shared power to dispose of and vote 545,630 shares. Certain of Bulldog Investors, LLC's clients (none of whom beneficially own more than 5% of STC's shares) share this power with Bulldog Investors, LLC. Messrs. Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC. c) During the past 60 days no shares of STC were traded. d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or sales proceeds. e) The Reporting Persons ceased to be the beneficial owner of more than 5% of STC's common stock on April 27 2016 based on the 10-Q filed April 29 2016 ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. N/A ITEM 7. MATERIAL TO BE FILED AS EXHIBITS N/A After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 6/23/16 By: /S/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos By: /S/ Steven Samuels Name: Steven Samuels Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein.