Donald Smith & Co., Inc. and DSCO Value Fund, L.P. filed a Schedule 13G with the SEC on November 13, 2026, disclosing a combined beneficial ownership of 20,002,480 shares of Genworth Financial Inc. common stock, representing 5.3% of the class, as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: 20,002,480 shares of Genworth Financial Inc. common stock reported by the filing group.
  • Percent of class: The aggregate stake represents 5.3% of the outstanding common stock.
  • Donald Smith & Co., Inc. sole voting power: 19,354,426 shares; sole dispositive power over 19,774,716 shares.
  • DSCO Value Fund, L.P. sole voting power: 227,764 shares; sole dispositive power over 227,764 shares.
  • Triggering date: The event requiring this filing occurred on September 30, 2026.
  • Filer classification: Donald Smith & Co., Inc. is classified as an investment adviser (IA); DSCO Value Fund, L.P. is classified as a limited partnership (PN).

Donald Smith & Co. Discloses Passive 5.3% Position in Genworth Financial

According to the filing, Donald Smith & Co., Inc., a Delaware corporation headquartered at 152 West 57th Street, 29th Floor, New York, NY 10019, and its affiliate DSCO Value Fund, L.P. jointly reported beneficial ownership of 20,002,480 shares of Genworth Financial Inc. (CUSIP 37247D106) common stock. The statement was signed by Richard L. Greenberg, CEO and Co-CIO, on behalf of both entities on November 13, 2026.

The filing discloses that Donald Smith & Co., Inc. holds sole voting power over 19,354,426 shares and sole dispositive power over 19,774,716 shares. DSCO Value Fund, L.P. separately holds sole voting power and sole dispositive power over 227,764 shares each. Neither reporting person reported any shared voting or shared dispositive power. The aggregate beneficial ownership figure of 20,002,480 shares is attributed to both entities combined, representing 5.3% of the class.

The filing states that Donald Smith & Co., Inc. does not serve as custodian of client assets, and that "the ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the institutional clients which Donald Smith & Co., Inc. serves as investment advisor." The filing further certifies that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. filed a Schedule 13G reporting combined beneficial ownership of 20,002,480 shares, or 5.3%, of Genworth Financial Inc. common stock as of September 30, 2026, with the filing submitted on November 13, 2026.