Sec Form 13G Filing - Camber Capital Management LP filing for Brookdale Senior Living Inc. (BKD) - 2023-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 4)
 
Brookdale Senior Living Inc.
(Name of Issuer)
 
Common Stock, $0.01 par value
(Title of Class of Securities)
 
112463104
(CUSIP Number)
 
 
December 31, 2022
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
 Rule 13d-1(c)
☐ Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
Persons who respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB control number.
 
13G
CUSIP No. 112463104
Page 2 of 6
 
                                             
1. Names of Reporting Persons.
Camber Capital Management LP
42-1693587
 
2. Check the Appropriate Box if a Member of a Group
(a) ☐
(b) ☐
    3. SEC Use Only
4. Citizenship or Place of Organization
Delaware
   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:
5. Sole Voting Power
0 shares
6. Shared Voting Power
18,000,000 shares
 
7. Sole Dispositive Power
0 shares
8. Shared Dispositive Power
18,000,000 shares
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
Camber Capital Management LP 18,000,000 shares
    10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares       ☐
11. Percent of Class Represented by Amount in Row (9)
Camber Capital Management LP – 9.64%
12. Type of Reporting Person
Camber Capital Management LP – 00 (Limited Partnership)
 
13G
CUSIP No.   112463104
Page 3 of 6

1. Names of Reporting Persons.
Stephen DuBois
Not applicable
 
2. Check the Appropriate Box if a Member of a Group
(a) ☐
(b) ☐
    3. SEC Use Only
4. Citizenship or Place of Organization
Stephen DuBois – United States
   Number of Shares
   Beneficially
   Owned by
   Each Reporting
   Person With:
5. Sole Voting Power
0 shares
6. Shared Voting Power
18,000,000 shares
7. Sole Dispositive Power
0 shares
8. Shared Dispositive Power
18,000,000 shares
9. Aggregate Amount Beneficially Owned by Each Reporting Person
Stephen DuBois – 18,000,000 shares
   10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares       ☐
11. Percent of Class Represented by Amount in Row (9)
Stephen DuBois – 9.64%
12. Type of Reporting Person
Stephen DuBois – IN
 
13G
  CUSIP No.   112463104
Page 4 of 6
 
 
 
ITEM 1.
(a) Name of Issuer:
Brookdale Senior Living Inc.
 
(b) Address of Issuer's Principal Executive Offices:
111 Westwood Place Suite 400, Brentwood, TN 37027
 
ITEM 2.
(a) Name of Person Filing:
Camber Capital Management LP
Stephen DuBois
 
(b) Address of Principal Business Office, or if None, Residence:
Camber Capital Management LP
Stephen DuBois
101 Huntington Avenue
Suite 2101
Boston, MA 02199
 
(c) Citizenship:
Camber Capital Management LP – Delaware
Stephen DuBois – United States
 
(d) Title of Class of Securities:
Common Stock, $0.01 par value
 
(e) CUSIP Number:
112463104
 
 
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
 
 
(a)
[_]
Broker or dealer registered under Section 15 of the Act  (15 U.S.C. 78o).
 
(b)
[_]
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).   
 
(c)
[_]
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).   
 
(d)
[_]
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
(e)
[_]
An investment adviser in accordance with  ss.240.13d-1(b)(1)(ii)(E);   
 
(f)
[_]
An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);   
 
(g)
[_]
A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);   
 
(h)
[_]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);   
 
(i)
[_]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);   
 
(j)
[_]
Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
 
ITEM 4. OWNERSHIP.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
(a) Amount beneficially owned: Camber Capital Management LP – 18,000,000 shares
Stephen DuBois – 18,000,000 shares
 
(b) Percent of class: Camber Capital Management LP – 9.64% 
Stephen DuBois – 9.64%
 
 
13G
   CUSIP No.   112463104
Page 5 of 6
 
(c) Number of shares as to which such person has:
 
(i) Sole power to vote or to direct the vote
Camber Capital Management LP – 0 shares
Stephen DuBois – 0 shares
 
(ii) Shared power to vote or to direct the vote
Camber Capital Management LP – 18,000,000 shares
Stephen DuBois – 18,000,000 shares
 
(iii) Sole power to dispose or to direct the disposition of
Camber Capital Management LP – 0 shares
Stephen DuBois – 0 shares
 
(iv) Shared power to dispose or to direct the disposition of
Camber Capital Management LP – 18,000,000 shares
Stephen DuBois – 18,000,000 shares
 
 
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
 
 
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
 
Not applicable
 
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
 
Not applicable

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
 
Not applicable
 
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
 
Not applicable
 
 
13G
CUSIP No.   112463104
Page 6 of 6
 
 
 
ITEM 10. CERTIFICATIONS.
The following certification shall be included if the statement is filed pursuant to S.240.13d-1(c):
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 such purpose or effect.
 
 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
CAMBER CAPITAL MANAGEMENT LP
By: /s/Sean George
Sean George
Chief Financial Officer
 
STEPHEN DUBOIS
By: /s/ Stephen DuBois
Stephen DuBois, individually
 
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.