Wellington Management Amends Andina Bottling Preferred Stock Stake

TL;DR

**Wellington Management still holds Preferred Stock in Andina Bottling, signaling continued institutional interest.**

AI Summary

Wellington Management Group LLP, a Massachusetts-based investment advisor, filed an amended SC 13G/A on February 8, 2024, indicating its ownership of Preferred Stock in Andina Bottling Co Inc. The filing, triggered by an event on December 29, 2023, updates their previous disclosure under Rule 13d-1(b). This matters to investors because it shows a significant institutional investor continues to hold a position in the company, potentially signaling confidence in its long-term prospects.

Why It Matters

This filing confirms Wellington Management Group LLP's continued significant ownership in Andina Bottling Co Inc's Preferred Stock, which can be seen as a vote of confidence from a major institutional investor.

Risk Assessment

Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or significant new risks.

Analyst Insight

Investors should note that a major institutional investor, Wellington Management, maintains a position in Andina Bottling's Preferred Stock. While this doesn't indicate a new investment, it suggests continued confidence. Investors might consider researching Andina Bottling's fundamentals and recent performance to understand why Wellington Management maintains this stake.

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and investment advisor
• Andina Bottling Co Inc (company) — the subject company whose Preferred Stock is 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
• Massachusetts (company) — place of organization for Wellington Management Group LLP

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000020.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. 1 ) * ANDINA BOTTLING CO INC (Name of Issuer) Preferred Stock (Title of Class of Securities) P3697S103 (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. P3697S103 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 24,336,685 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 32,926,668 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,926,668 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.96% 12. TYPE OF REPORTING PERSON HC CUSIP No. P3697S103 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 24,336,685 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 32,926,668 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,926,668 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.96% 12. TYPE OF REPORTING PERSON HC CUSIP No. P3697S103 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 24,336,685 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 32,926,668 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 32,926,668 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.96% 12. TYPE OF REPORTING PERSON HC CUSIP No. P3697S103 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 24,043,686 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 31,405,806 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,405,806 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.64% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer ANDINA BOTTLING CO INC (b) Address of Issuer's Principal Executive Offices Avda. Miraflores 9153 Renca Santiago 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 Preferred Stock (e) CUSIP Number P3697S103 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 d

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View this SC 13G/A filing on SEC EDGAR