0001104659-13-026511.txt : 20130402 0001104659-13-026511.hdr.sgml : 20130402 20130402172027 ACCESSION NUMBER: 0001104659-13-026511 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130402 DATE AS OF CHANGE: 20130402 GROUP MEMBERS: CYMBRIA CORP GROUP MEMBERS: EDGEPOINT CANADIAN GROWTH & INCOME PORTFOLIO GROUP MEMBERS: EDGEPOINT CANADIAN PORTFOLIO GROUP MEMBERS: EDGEPOINT GLOBAL GROWTH & INCOME PORTFOLIO GROUP MEMBERS: EDGEPOINT GLOBAL PORTFOLIO GROUP MEMBERS: ST. JAMES'S PLACE GLOBAL EQUITY UNIT TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL RECTIFIER CORP /DE/ CENTRAL INDEX KEY: 0000316793 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 951528961 STATE OF INCORPORATION: DE FISCAL YEAR END: 0626 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-31896 FILM NUMBER: 13736710 BUSINESS ADDRESS: STREET 1: 233 KANSAS ST CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3107268000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EdgePoint Investment Group Inc CENTRAL INDEX KEY: 0001481669 IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 150 BLOOR STREET W SUITE 500 CITY: TORONTO STATE: A6 ZIP: M5S 2X9 BUSINESS PHONE: 416-963-9353 MAIL ADDRESS: STREET 1: 150 BLOOR STREET W SUITE 500 CITY: TORONTO STATE: A6 ZIP: M5S 2X9 FORMER COMPANY: FORMER CONFORMED NAME: EdgePoint Investment Management Inc DATE OF NAME CHANGE: 20100121 SC 13G/A 1 a13-9319_1sc13ga.htm SC 13G/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G*

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2

(Amendment No. 2)*

 

Under the Securities Exchange Act of 1934

 

International Rectifier Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

460254105

(CUSIP Number)

March 18, 2013

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x

Rule 13d-1(b)

o

Rule 13d-1(c)

o

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).

 

 


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
EdgePoint Investment Group Inc. (the successor corporation to EdgePoint Investment Management Inc.)

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
6,957,356

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
6,957,356

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
6,957,356

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
10.1%(1)

 

 

12

Type of Reporting Person (See Instructions)
FI

 

(1)  The calculation of percentage of beneficial ownership in this filing was derived from the Issuer’s Form 10-Q for the quarterly period ended December 23, 2012 filed with the Securities and Exchange Commission in which the Issuer stated that the number of shares of its common stock outstanding at December 23, 2012 was 69,180,059 shares.

 

2


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
Cymbria Corporation

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
876,927

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
876,927

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
876,927

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
1.3%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

3


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
EdgePoint Canadian Growth & Income Portfolio

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
307,600

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
307,600

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
307,600

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0.5%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

4


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
EdgePoint Canadian Portfolio

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
297,500

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
297,500

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
297,500

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
0.4%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

5


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
EdgePoint Global Growth & Income Portfolio

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
858,980

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
858,980

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
858,980

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
1.2%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

6


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
EdgePoint Global Portfolio

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Ontario

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
2,685,653

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
2,685,653

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
2,685,653

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
3.9%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

7


 

CUSIP No. 460254105

 

 

1

Name of Reporting Persons
St. James’s Place Global Equity Unit Trust

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United Kingdom

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5

Sole Voting Power
0

 

6

Shared Voting Power
1,930,696

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
1,930,696

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
1,930,696

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
2.8%

 

 

12

Type of Reporting Person (See Instructions)
FI

 

8


 

CUSIP No. 460254105

 

Item 1.

 

(a)

Name of Issuer:
International Rectifier Corporation

 

(b)

Address of Issuer’s Principal Executive Offices:
101 N. Sepulveda Blvd, El Segundo, CA 90245

 

Item 2.

 

(a)

Name of Person Filing:
The persons filing this Schedule 13G are (i) EdgePoint Investment Group Inc. (“EIG”), an advisor/portfolio manager (investment fund manager) registered with the Ontario Securities Commission; (ii) Cymbria Corporation (“Cymbria”), a closed end fund corporation; (iii) EdgePoint Canadian Growth & Income Portfolio (“EPC G&I”), a mutual fund trust; (iv) EdgePoint Canadian Portfolio (“EPC”), a mutual fund trust; (v) EdgePoint Global Growth & Income Portfolio (“EPG G&I”), a mutual fund trust; (vi) EdgePoint Global Portfolio (“EPG”), a mutual fund trust; and (vii) St James’s Place Global Equity Unit Trust (“SJPGEUT” and together with Cymbria, EPC G&I, EPC, EPG G&I, and EPG, the “Funds”), a unit trust collective investment scheme. EIG is the advisor/portfolio manager to each of the Funds.  EIG and each of the Funds are party to an investment management agreement pursuant to which all voting and dispositive power over securities held by each Fund is delegated to EIG. The investment management agreement can be terminated by any party on 60 days’ prior notice with the exception of SJPGEUT where 90 days’ prior notice is required by EIG and no notice by SJPGEUT.  Attached as Exhibit 1 hereto, which is incorporated by reference herein, is an agreement between EIG and the Funds that this Schedule 13G is filed on behalf of each of them.

 

(b)

Address of Principal Business Office or, if none, Residence:
150 Bloor Street West, Suite 500, Toronto, Ontario M5S 2X9, Canada

 

(c)

Citizenship:
EIG is a corporation organized under the laws of Ontario

Cymbria is a corporation organized under the laws of Ontario

EPC G&I is a mutual fund trust established under the laws of Ontario

EPC is a mutual fund trust established under the laws of Ontario

EPG G&I is a mutual fund trust established under the laws of Ontario

EPG is a mutual fund trust established under the laws of Ontario

SJPGEUT is a unit trust collective investment scheme established under the laws of the United Kingdom

 

(d)

Title of Class of Securities:
Common Stock

 

(e)

CUSIP Number:
460254105

 

Item 3.

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Exchange Act;

 

(b)

o

Bank as defined in section 3(a)(6) of the Exchange Act;

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Exchange Act;

 

(d)

o

Investment company registered under section 8 of the Investment Company Act;

 

(e)

o

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act;

 

(j)

x

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);

 

(k)

o

Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

 

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:

 

EIG is comparable to an IA and each of the Funds is comparable to an IV.

 

9


 

CUSIP No. 460254105

 

Item 4.

Ownership.

 

EIG

 

 

 

(a)

Amount beneficially owned:   

6,957,356

 

(b)

Percent of class:   

10.1%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

6,957,356

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

6,957,356

 

Cymbria

 

 

 

(a)

Amount beneficially owned:   

876,927

 

(b)

Percent of class:   

1.3%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

876,927

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

876,927

 

EPC G&I

 

 

 

(a)

Amount beneficially owned:   

307,600

 

(b)

Percent of class:   

0.5%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

307,600

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

307,600

 

EPC

 

 

 

(a)

Amount beneficially owned:   

297,500

 

(b)

Percent of class:   

0.4%

 

(c)

Number of shares as to which the person has:

 

 

10


 

CUSIP No. 460254105

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

297,500

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

297,500

 

EPG G&I

 

 

 

(a)

Amount beneficially owned:   

858,980

 

(b)

Percent of class:   

1.2%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

858,980

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

858,980

 

EPG

 

 

 

(a)

Amount beneficially owned:   

2,685,653

 

(b)

Percent of class:   

3.9%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

2,685,653

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

2,685,653

 

SJPGEUT

 

 

 

(a)

Amount beneficially owned:   

1,930,696

 

(b)

Percent of class:   

2.8%

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote   

0

 

 

(ii)

Shared power to vote or to direct the vote:    

1,930,696

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

1,930,696

 

11


 

CUSIP No. 460254105

 

Item 5.

Ownership of Five Percent or Less of a Class

Not Applicable

 

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 or Control Person.

Not Applicable

 

Item 8.

Identification and Classification of Members of the Group

Not Applicable

 

Item 9.

Notice of Dissolution of Group

Not Applicable

 

 

12


 

CUSIP No. 460254105

 

Item 10 .

Certification

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.

 

By signing below I also certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to investment advisers and investment companies is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

 

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.

 

 

 

April 2, 2013

 

 

Date

 

 

 

 

 

/s/ Patrick Farmer

 

 

Signature

 

 

 

 

 

Patrick Farmer/Chief Compliance Officer

 

 

Name/Title

 

13

 EX-1 2 a13-9319_1ex1.htm EX-1

Exhibit 1

 

AGREEMENT

 

AGREEMENT, dated as of April 2, 2013, by and among EdgePoint Investment Group Inc. (“EIG”), an Ontario corporation; Cymbria Corporation (“Cymbria”), an Ontario corporation; EdgePoint Canadian Growth & Income Portfolio (“EPC G&I”), an Ontario mutual fund trust; EdgePoint Canadian Portfolio (“EPC”), an Ontario mutual fund trust; EdgePoint Global Growth & Income Portfolio (“EPG G&I”), an Ontario mutual fund trust; EdgePoint Global Portfolio (“EPG”), a mutual fund trust; and St. James’s Place Global Equity Unit Trust (“SJPGEUT” and together with Cymbria, EPC G&I, EPC, EPG G&I, and EPG, the “Funds”), a unit collective investment scheme.

 

WHEREAS, in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934 (the “Act”), only one such statement need be filed whenever two or more persons are required to file a statement pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement is filed on behalf of each of them.

 

NOW, THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:

 

Each of the parties hereto hereby agree, in accordance with Rule 13d-1(k) under the Act, to file one statement on Schedule 13G relating to their ownership of the Common Stock of International Rectifier Corporation and hereby further agree that said statement shall be filed on behalf of EIG and each of the Funds.  Nothing herein shall be deemed to be an admission that the parties hereto, or any of them, are members of a “group” (within the meaning of Section 13(d) of the Act and the rules promulgated thereunder) with respect to any securities of International Rectifier Corporation.

 

1


 

IN WITNESS WHEREOF, the parties have executed this agreement as of the date first written above.

 

 

 

EDGEPOINT INVESTMENT GROUP INC.

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

 

 

 

 

 

 

 

 

CYMBRIA CORPORATION

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

 

 

 

 

 

 

 

 

EDGEPOINT CANADIAN GROWTH & INCOME PORTFOLIO

 

 

By: EdgePoint Investment Group Inc., as manager

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

 

 

 

 

 

 

 

 

EDGEPOINT CANADIAN PORTFOLIO

 

 

By: EdgePoint Investment Group Inc., as manager

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

 

 

 

 

 

 

 

 

EDGEPOINT GLOBAL GROWTH & INCOME PORTFOLIO

 

 

By: EdgePoint Investment Group Inc., as manager

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

 

 

 

 

 

 

 

 

EDGEPOINT GLOBAL PORTFOLIO

 

 

By: EdgePoint Investment Group Inc., as manager

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

2


 

 

 

ST. JAMES’S PLACE GLOBAL EQUITY UNIT TRUST

 

 

By: EdgePoint Investment Group Inc., as manager

 

 

 

 

 

 

 

 

By:

/s/ Patrick Farmer

 

3