Bill Gates’ Cascade Investments and The Gates Foundation in a recent SEC filing disclosed a 5.5% stake in the auto retailer.
From the filing:
“(1) Cascade Investment, L.L.C. (“Cascade”) holds 5,263,588 shares of Common Stock. For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all shares of Common Stock held by Cascade may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade. Michael Larson, the Business Manager of Cascade, has voting and investment power with respect to the shares of Common Stock held by Cascade. Mr. Larson disclaims any beneficial ownership of the shares of Common Stock beneficially owned by Cascade and Mr. Gates.
(2) The Bill & Melinda Gates Foundation Trust (“Trust”) holds 4,640,000 shares of Common Stock. For purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, all shares of Common Stock held by the Trust may be deemed to be beneficially owned by William H. Gates III and Melinda French Gates as Co-Trustees of the Trust. Michael Larson has voting and investment power with respect to the shares of Common Stock owned by the Trust. Mr. Larson disclaims any beneficial ownership of the shares of Common Stock beneficially owned by the Trust or Mr. and Mrs. Gates.”
Disclosure (“none” means no position):Long AN
Visit the ValuePlays Bookstore for Great Investing Books