As of November 6, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Lifeway Foods, Inc. The largest reported stake is Ludmila Smolyansky's, at 19.7%. 12 filings are on record since July 7, 2025 (Schedule 13D/A, May 20, 2026).
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Key facts
- · Holder: Kenneth Griffin · Percent: 5.8% · SCHEDULE 13G
- · Holder: Danone S.A. · Percent: 0% · SCHEDULE 13D/A
- · Holder: Ludmila Smolyansky · Percent: 19.7% · SCHEDULE 13D/A
- · Holder: Divisadero Street Capital Management, LP · Percent: 13.8% · SCHEDULE 13G/A
- · Holder: Divisadero Street Capital Management, LP · Percent: 8.9% · SCHEDULE 13G/A
Lifeway Foods, Inc. has 12 Schedule 13D or 13G filings on record since 2025-07-07. 3 holders' latest filing reports 5% or more of common stock, no par value (the "shares"). Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| 19.7% | 787,823 | SCHEDULE 13D/A, 2026-05-20 | 2026-05-18 | |
| Divisadero Street Capital Management, LP | 13.8% | 2,101,540 | SCHEDULE 13G/A, 2026-05-18 | 2026-05-14 |
| 5.8% | 884,776 | SCHEDULE 13G, 2026-05-27 | 2026-05-19 | |
| Danone S.A. | 0% | 0 | SCHEDULE 13D/A, 2026-05-20 | 2026-05-19 |
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More on Lifeway Foods, Inc. and the records around it.
Lifeway Foods, Inc. elsewhere on the record
Companies that share a holder
- Divisadero Street Capital Management, LP also filed stake reports on 22 other companies: Rush Street Interactive, Inc. (Sep 2026), Build-a-Bear Workshop, Inc (Aug 2026), Citi Trends, Inc. (Aug 2026)
- Citadel Advisors LLC also filed stake reports on 58 other companies: Quantinuum Inc. (Oct 2026), REALLOYS INC. (Oct 2026), STARFIGHTERS SPACE, INC. (Oct 2026)
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Purpose of Transaction (Item 4)
Danone S.A.
Item 4 of the Original Schedule 13D is hereby amended and restated as follows: On May 19, 2026, Danone S.A.'s wholly owned subsidiary, Danone USA Public Benefit Corporation, completed the sale of Danone USA Public Benefit Corporation's holdings in the Issuer. Danone S.A. previously disclaimed any indirect beneficial ownership of Common Stock of the Issuer and, as a result of this transaction, Danone USA Public Benefit Corporation no longer has beneficial ownership of any of the Common Stock of the Issuer. Danone USA Public Benefit Corporation and Danone S.A. are filing this Amendment as a final amendment to the Original Schedule 13D. Danone USA Public Benefit Corporation only retains voting power over the shares of Common Stock in respect of matters where there is a record date prior to May 19, 2026.Item 4 of the SCHEDULE 13D/A filed 2026-05-20
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-07 | Ludmila Smolyansky | 20.8% | SCHEDULE 13D/A |
| 2025-08-01 | Danone S.A. | 22.7% | SCHEDULE 13D/A |
| 2025-09-18 | Danone S.A. | 22.7% | SCHEDULE 13D/A |
| 2025-09-30 | Danone S.A. | 22.7% | SCHEDULE 13D/A |
| 2025-10-08 | Divisadero Street Capital Management, LP | 5.7% | SCHEDULE 13G |
| 2025-10-21 | Ludmila Smolyansky | 20% | SCHEDULE 13D/A |
| 2025-11-18 | Ludmila Smolyansky | 20% | SCHEDULE 13D/A |
| 2026-02-13 | Divisadero Street Capital Management, LP | 8.9% | SCHEDULE 13G/A |
| 2026-05-18 | Divisadero Street Capital Management, LP | 13.8% | SCHEDULE 13G/A |
| 2026-05-20 | Danone S.A. | 0% | SCHEDULE 13D/A |
| 2026-05-20 | Ludmila Smolyansky | 19.7% | SCHEDULE 13D/A |
| 2026-05-27 | Kenneth Griffin | 5.8% | SCHEDULE 13G |
Questions about who owns Lifeway Foods, Inc.
Who owns Lifeway Foods, Inc.?
On this page, 3 holders' latest ownership filings report 5% or more of Lifeway Foods, Inc.: Ludmila Smolyansky (19.7%, Schedule 13D/A, filed 2026-05-20), Divisadero Street Capital Management, LP (13.8%, Schedule 13G/A, filed 2026-05-18) and Kenneth Griffin (5.8%, Schedule 13G, filed 2026-05-27).
Who are the largest shareholders of Lifeway Foods, Inc.?
By the share each holder's latest filing reports, the largest holders of Lifeway Foods, Inc. on this page are Ludmila Smolyansky (19.7%), Divisadero Street Capital Management, LP (13.8%) and Kenneth Griffin (5.8%).
When did Ludmila Smolyansky buy into Lifeway Foods, Inc.?
The filings give report dates, not purchase dates. The earliest filing from Ludmila Smolyansky on this page is the Schedule 13D/A, filed 2025-07-07, reporting 20.8%; its latest, Schedule 13D/A filed 2026-05-20, reports 19.7%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 12 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.