GAMCO Investors and affiliated reporting persons increased their STRATTEC Security beneficial ownership to 19.74%, representing 786,779 common shares, solely because STRATTEC’s outstanding share count decreased. The Schedule 13D identifies the position as activist and says the group may communicate regularly with management.

Key Highlights

  • GAMCO Asset Management holds 510,979 STRATTEC common shares, or 12.8% of the class.
  • Gabelli Funds owns 254,300 shares, while Teton Advisors holds 19,300 shares.
  • The reporting group cites 3,985,013 STRATTEC shares outstanding in the latest annual report.

STRATTEC Security Corp. (NASDAQ: STRT) is now subject to a 19.74% beneficial ownership position held by GAMCO Investors (OTC: GAMI) and affiliated reporting persons, up solely because the number of outstanding common shares decreased. The group reports 786,779 common shares. The position is being reported through an activist Schedule 13D, and the reporting persons say they may regularly communicate with management.

GAMCO Group’s Position

GAMCO Asset Management holds 510,979 STRATTEC common shares, representing 12.8% of the class. Gabelli Funds holds 254,300 shares, equal to 6.4%. The reported holdings also include 2,200 shares held by Gabelli Foundation, or 0.1%, and 19,300 shares held by Teton Advisors, or 0.5%. The reporting persons identify GAMCO Investors, Gabelli Funds, Teton Advisors, the foundation and other affiliated entities as part of the reporting group. The group’s aggregate position is 786,779 shares, or 19.74% of STRATTEC’s common stock.

Ownership Percentage Increased

The ownership percentage increased solely because STRATTEC’s number of outstanding shares decreased, according to the statement. The change was reflected on August 28, 2026. The statement does not describe a purchase as the reason for the higher ownership percentage.

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