Wellington Management Amends Assured Guaranty Stake (16th Update)

TL;DR

**Wellington Management Group just updated its Assured Guaranty stake, signaling a portfolio rebalance.**

AI Summary

Wellington Management Group LLP filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership of Assured Guaranty Ltd. common shares as of December 29, 2023. This filing, Amendment No. 16, updates their previous disclosures, signaling a potential adjustment in their investment strategy or a rebalancing of their portfolio. For investors, this matters because significant changes in institutional ownership can influence stock price and reflect a major investor's updated view on the company's prospects.

Why It Matters

Changes in large institutional holdings like Wellington Management's can signal shifts in market sentiment or investment strategy for Assured Guaranty Ltd., potentially impacting its stock valuation.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate a high-risk event for the company.

Analyst Insight

An investor should monitor subsequent filings from Wellington Management Group LLP to understand the full scope of their investment changes in Assured Guaranty Ltd. and assess if other institutional investors are following suit.

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person filing the SC 13G/A
• Assured Guaranty Ltd. (company) — the issuer whose common shares are being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 16 (number) — the specific amendment number of this filing

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000011.txt ( ) — 37KB

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 16 ) * Assured Guaranty Ltd. (Name of Issuer) Common Shares (Title of Class of Securities) G0585R106 (CUSIP Number) December 29, 2023 (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) [ ] 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 (the "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. G0585R106 1. NAMES OF REPORTING PERSONS Wellington Management Group LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,249,689 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,152,455 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,152,455 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.00% 12. TYPE OF REPORTING PERSON HC CUSIP No. G0585R106 1. NAMES OF REPORTING PERSONS Wellington Group Holdings LLP 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 6. SHARED VOTING POWER 4,249,689 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,152,455 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,152,455 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.00% 12. TYPE OF REPORTING PERSON HC CUSIP No. G0585R106 1. NAMES OF REPORTING PERSONS Wellington Investment Advisors Holdings LLP 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 6. SHARED VOTING POWER 4,249,689 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,152,455 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,152,455 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.00% 12. TYPE OF REPORTING PERSON HC CUSIP No. G0585R106 1. NAMES OF REPORTING PERSONS Wellington Management Company LLP 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 6. SHARED VOTING POWER 4,178,125 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,828,920 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,828,920 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.43% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Assured Guaranty Ltd. (b) Address of Issuer's Principal Executive Offices 30 Wood Bourne Avenue Hamilton Bermuda, D0 0000 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company LLP (b) Address of Principal Business Office or, if None, Residence c/o Wellington Management Company LLP 280 Congress Street Boston, MA 02210 (c) Citizenship Wellington Management Group LLP - Massachusetts Wellington Group Holdings LLP - Delaware Wellington Investment Advisors Holdings LLP - Delaware Wellington Management Company LLP - Delaware (d) Title of Class of Securities Common Shares (e) CUSIP Number G0585R106 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 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

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View this SC 13G/A filing on SEC EDGAR