APG Asset Management Amends Allegion plc Stake (SC 13G/A)

TL;DR

**APG Asset Management US Inc. updated its Allegion plc ownership, filed Feb 7, 2024.**

AI Summary

APG Asset Management US Inc. filed an amended SC 13G/A on February 7, 2024, indicating a change in their ownership of Allegion plc's common stock as of December 31, 2023. This filing, Amendment No. 4, updates their previous disclosures regarding their beneficial ownership in Allegion plc, a company specializing in detective, guard, and armored car services. This matters to investors because it provides transparency into institutional ownership changes, which can sometimes signal shifts in confidence or investment strategy from major holders.

Why It Matters

This filing updates the public on a significant institutional investor's stake in Allegion plc, offering insight into their current position and potential influence.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor and does not inherently signal high risk for the stock.

Analyst Insight

Investors should note that APG Asset Management US Inc. has updated its position in Allegion plc. While this filing doesn't disclose the specific change in share count or percentage, it signals an ongoing institutional interest. Smart investors might look for the full details of the ownership change within the complete filing to assess the implications for Allegion plc's stock.

Key Players & Entities

• APG Asset Management US Inc. (company) — the reporting person filing the SC 13G/A
• Allegion plc (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 7, 2024 (date) — the filing date of the SC 13G/A
• Delaware (company) — state of incorporation for APG Asset Management US Inc.

FAQ

Key Financial Figures

• $0.01 — plc (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securiti

Filing Documents

• form13ga.htm (SC 13G/A) — 161KB
• ex1.htm (EX-1) — 14KB
• 0001493152-24-005287.txt ( ) — 177KB

From the Filing

SC 13G/A 1 form13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* Allegion plc (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) G0176J109 (CUSIP Number) December 31, 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: 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 (“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. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management US Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,788,143* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,788,143* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,788,143* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO, IA * Based on 87,787,566 Common Shares outstanding as of October 26, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 31, 2023. CUSIP No. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,788,143* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,788,143* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,788,143* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 87,787,566 Common Shares outstanding as of October 26, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 31, 2023. CUSIP No. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Groep, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,788,143* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,788,143* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,788,143* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 87,787,566 Common Shares outstanding as of October 26, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 31, 2023. CUSIP No. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stichting Pensioenfonds ABP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,788,143* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,788,143* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,788,14

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