SCHEDULE: Kornitzer Capital Management Discloses Landmark Bancorp Stake

Sentiment:

Beneficial Ownership Filing


Kornitzer Capital Management, Inc. has filed a Schedule 13G, reporting beneficial ownership of 6.3% of Landmark Bancorp Inc.'s common stock as of June 30, 2026.

Summary

  • Kornitzer Capital Management, Inc. (KCM) has filed an amendment to its Schedule 13G, indicating its beneficial ownership of Landmark Bancorp Inc. common stock.
  • As of June 30, 2026, KCM beneficially owns 385,632 shares of Landmark Bancorp Inc. common stock.
  • This ownership represents 6.3% of the class of securities.
  • KCM acts as an investment advisor for other persons who hold the right to receive dividends and direct the sale of these shares.
  • The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It's a routine disclosure of beneficial ownership by an investment advisor and does not contain performance data or strategic announcements that would inherently sway sentiment.

Positives

  • Kornitzer Capital Management, Inc. has disclosed a significant ownership stake of 6.3% in Landmark Bancorp Inc., indicating investor confidence.
  • The filing confirms that the shares are held in the ordinary course of business, suggesting a standard investment strategy rather than a hostile takeover attempt.

Negatives

  • The filing does not contain any negative financial results or operational challenges for Landmark Bancorp Inc.

Risks

  • As an investment advisor, KCM manages shares for other persons, meaning the ultimate beneficiaries' intentions or actions could influence the stock.
  • While not explicitly stated as a risk in this filing, any significant change in KCM's investment strategy or the intentions of the underlying account holders could impact Landmark Bancorp's stock.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding Landmark Bancorp Inc.'s future performance. It solely reports on current beneficial ownership.

Management Comments

  • "Kornitzer Capital Management, Inc. is an investment advisor with respect to the shares of common stock for the accounts of other persons who have the right to receive, and the power to direct the receipt of, dividends from, or the proceeds from the sale of, the common stock of Landmark Bancorp. Inc."
  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors accumulating significant stakes in publicly traded companies. This filing by Kornitzer Capital Management, Inc. indicates a notable position in Landmark Bancorp Inc., which is typical for entities managing assets on behalf of others within the financial services sector.

Stakeholder Impact

  • Shareholders: The disclosure of a significant stake by an investment advisor may be viewed positively by some shareholders as it indicates institutional interest, but it does not directly impact current operations or profitability.
  • Management of Landmark Bancorp Inc.: The filing confirms that the shares are not held with the intent to influence control, which may provide some reassurance to current management.
  • Investment Community: This filing provides transparency regarding ownership, allowing the investment community to better understand the shareholder base.

Next Steps

  • Kornitzer Capital Management, Inc. will continue to hold and manage these shares as an investment advisor.
  • Landmark Bancorp Inc. will continue its operations as a publicly traded entity.

Key Dates

DateDescription
2026-06-30Date of Event Which Requires Filing of this Statement
2026-07-08Date of Certification and Signature

Keywords

Landmark Bancorp Inc., Kornitzer Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Advisor, SEC Filing, Kansas

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