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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 0 )*
UTZ BRANDS, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
918090101
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(CUSIP Number)
January 5, 2024
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(Date of Event which Requies Filing of this Statement)
Check the following box to designate the rule pursuant to which this Schedule is
filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover 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).
Cusip No. 918090101 13G Page 2 of 3 Pages
Schedule 13G Additional Information
Item #
1. (a) Name of Issuer: UTZ BRANDS, INC
(b) Address of Issuer's Principal Executive Offices:
900 High Street
Hanover, Pennsylvania 17331
2. (a) Name of Person Filing:
D.F. Dent and Company, Inc.
(b) Address of Principal Business Office for Each of the Above:
400 East Pratt Street, 7th Floor
Baltimore, Maryland 21202
(c) Citizenship:
Maryland
(d) Title of Class of Securities:
COMMON STOCK
(e) CUSIP Number:
918090101
3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b). The
person filing is a:
IA
4. Ownership:
(a) Amount Beneficially Owned: 3,691,405
(b) Percent of Class: 4.55%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 3,691,405
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 3,691,405
(iv) shared power to dispose or to direct the disposition of 0
Cusip No. 918090101 13G Page 3 of 3 Pages
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. /X/
6. All of the shares of Common Stock set forth in Item 4 are owned by
various investment advisory clients of D.F. Dent and Company, Inc. which
is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3
under the Securities Exchange Act of 1934, due to it discretionary power
to make investment decisions over such shares for its clients and/or its
ability to vote such shares. In all cases, persons other than D.F. Dent
and Company, Inc. have the right to receive, or the power to direct the
receipt of, dividends from, or the proceeds from the sale of the shares.
No individual client holds more than five percent of the class.
7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company
N/A
8. Identification and Classification of Members of the Group:
N/A
9. Notice of Dissolution of Group:
N/A
10. Certification:
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired 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.
DATE: January 9, 2024
BY: /s/ CAROLYN GAYNOR
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NAME: Carolyn Gaynor
TITLE: Chief Compliance Officer