Kanen Wealth Management LLC and David L. Kanen report beneficial ownership of 3,022,258 Fossil Group shares, equal to 5.1% of the outstanding class, through a passive Schedule 13G. The stated holding is not intended to change or influence Fossil Group’s control, limiting the disclosure’s stated purpose to passive ownership.

Key Highlights

  • Philotimo Fund, LP holds 1,700,699 Fossil Group shares, representing 2.9% of the class.
  • Philotimo Focused Growth & Income Fund reports 1,000,746 shares, equal to 1.7%.
  • Kanen Wealth Management and David L. Kanen are each listed with 5.1% beneficial ownership.

Fossil Group, Inc. (NASDAQ: FOSL) has a reported 5.1% beneficial stake associated with Kanen Wealth Management LLC and David L. Kanen. The holding is reported through a passive Schedule 13G dated September 11, 2026. The certification says the securities were not acquired or held to change or influence control of Fossil Group.

Kanen’s Reported Position

Kanen Wealth Management LLC is listed with beneficial ownership of 3,022,258 Shares, while David L. Kanen is also listed with 3,022,258 Shares. The reported percentages for both are 5.1% of Fossil Group’s outstanding Shares. Philotimo Fund, LP directly holds 1,700,699 Shares, or approximately 2.9%. Philotimo Focused Growth & Income Fund directly holds 1,000,746 Shares, or approximately 1.7%. The remaining reported allocation includes 320,813 Shares held in Kanen Wealth Management’s managed accounts. That figure includes 3,700 Shares in David L. Kanen’s personal account that are managed by Kanen Wealth Management.

Ownership Channels Identified

Kanen Wealth Management is described as the general partner of Philotimo Fund, LP and the Investment manager of Philotimo Focused Growth & Income Fund. It also serves as investment manager for certain separately managed accounts. David L. Kanen serves as the managing member of Kanen Wealth Management. The relationships described in the ownership statement are the basis for the reported beneficial ownership attributed to both Kanen Wealth Management and David L. Kanen. Philotimo Fund is a Delaware limited partnership.

Passive Intent Stated

The ownership certification identifies Philotimo Fund, Philotimo Focused Growth & Income Fund, Kanen Wealth Management and David L. Kanen as reporting persons. The filing says the securities were not acquired or held in connection with a transaction intended to change or influence Fossil Group’s control, other than activities solely connected with a nomination under § 240.14a-11. David L. Kanen signed the certifications for the four reporting persons on September 17, 2026.