<SEC-DOCUMENT>0001700933-24-000003.txt : 20240520
<SEC-HEADER>0001700933-24-000003.hdr.sgml : 20240520
<ACCEPTANCE-DATETIME>20240228154328
ACCESSION NUMBER:		0001700933-24-000003
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240228

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Stagwell Inc
		CENTRAL INDEX KEY:			0000876883
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING AGENCIES [7311]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				980364441
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-53561
		FILM NUMBER:		24694730

	BUSINESS ADDRESS:	
		STREET 1:		ONE WORLD TRADE CENTER, FLOOR 65
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10007
		BUSINESS PHONE:		646 429 1800

	MAIL ADDRESS:	
		STREET 1:		ONE WORLD TRADE CENTER, FLOOR 65
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10007

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC Stagwell Holdings Inc
		DATE OF NAME CHANGE:	20210729

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC PARTNERS INC
		DATE OF NAME CHANGE:	20040206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MDC CORP INC
		DATE OF NAME CHANGE:	20001204

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			American Beacon Advisors, Inc.
		CENTRAL INDEX KEY:			0000908758
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		220 EAST LAS COLINAS BOULEVARD
		STREET 2:		SUITE 1200
		CITY:			IRVING
		STATE:			TX
		ZIP:			75039
		BUSINESS PHONE:		817-391-6170

	MAIL ADDRESS:	
		STREET 1:		220 EAST LAS COLINAS BOULEVARD
		STREET 2:		SUITE 1200
		CITY:			IRVING
		STATE:			TX
		ZIP:			75039

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMR INVESTMENT SERVICES INC
		DATE OF NAME CHANGE:	19930707
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000908758</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Class A Common Stock, par value $0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2023</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000876883</issuerCik>
        <issuerName>Stagwell Inc</issuerName>
        <issuerCusip>85256A109</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>ONE WORLD TRADE CENTER, FLOOR 65</com:street1>
          <com:city>NEW YORK</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10007</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>American Beacon Advisors, Inc.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6380500.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6380500.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6380500.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.3</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Resolute Investment Managers, Inc.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6380500.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6380500.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6380500.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.3</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Stagwell Inc</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK, NEW YORK, 10007.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This Schedule 13G is filed by:
American Beacon Advisors, Inc.
Resolute Investment Managers, Inc.

(each individually a {Reporting Person} and collectively the {Reporting Persons}). The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit A. Pursuant to the Joint Filing Agreement, the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>220 East Las Colinas Blvd.
Suite 1200
Irving, TX 75039</principalBusinessOfficeOrResidenceAddress>
        <citizenship>American Beacon Advisors, Inc. is a Delaware corporation
Resolute Investment Managers, Inc. is a Delaware corporation</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>American Beacon Advisors, Inc.:  shares
Resolute Investment Managers, Inc.:  shares

The amount listed for American Beacon Advisors, Inc. (American Beacon) and Resolute Investment Managers, Inc. (Resolute) is beneficially owned by the American Beacon Small Cap Value Fund (the Fund), an investment company registered under section 8 of the Investment Company Act of 1940, and the American Beacon Small Cap Value Collective Investment Fund (the CIT).  American Beacon is investment adviser to the Fund and the CIT and delegates voting and dispositive power over the Funds and CITs portfolio securities to unaffiliated investment advisers serving as sub-advisers to the Fund and the CIT.  American Beacon is a wholly-owned subsidiary of Resolute. In accordance with Rule 13d-4 under the Securities Exchange Act of 1934, as amended, American Beacon and Resolute each expressly disclaims beneficial ownership of the Common Stock.</amountBeneficiallyOwned>
        <classPercent>American Beacon Advisors, Inc.: 5.29%
Resolute Investment Managers, Inc.: 5.29%

The percentage ownership is based upon 120,634,327 shares of Common Stock issued and outstanding as of November 1, 2023, as reported in the Issuers Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission on November 2, 2023.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>American Beacon Advisors, Inc.:  6,380,500 shares
Resolute Investment Managers, Inc.:  6,380,500 shares</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>American Beacon Advisors, Inc.:  6,380,500 shares
Resolute Investment Managers, Inc.:  6,380,500 shares</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>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 &amp;#167; 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>American Beacon Advisors, Inc.</reportingPersonName>
      <signatureDetails>
        <signature>/s/Christina E. Sears</signature>
        <title>Vice President</title>
        <date>02/28/2024</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Resolute Investment Managers, Inc.</reportingPersonName>
      <signatureDetails>
        <signature>/s/Christina E. Sears</signature>
        <title>Vice President</title>
        <date>02/28/2024</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
