William Blair Discloses 5.0% Stake in Alarm.com Holdings

TL;DR

**William Blair just revealed a 5.0% stake in Alarm.com, signaling institutional confidence.**

AI Summary

William Blair Investment Management, LLC, a Delaware-based investment firm, reported a significant stake in Alarm.com Holdings, Inc. (NASDAQ: ALRM) as of December 31, 2023. The firm beneficially owns 2,499,896 shares of common stock, representing 5.0% of the company's total outstanding shares. This disclosure indicates a notable institutional investor's confidence in Alarm.com, which could be a positive signal for current and prospective shareholders.

Why It Matters

This filing reveals a major institutional investor's belief in Alarm.com, potentially boosting investor confidence and signaling a positive outlook for the stock.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by an institutional holder, which generally carries low risk for existing shareholders.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating a deeper dive into Alarm.com's fundamentals and considering adding to or initiating a position, given the institutional confidence.

Key Numbers

• 2,499,896 — Shares Beneficially Owned (Total shares of Alarm.com common stock held by William Blair Investment Management, LLC.)
• 5.0% — Ownership Percentage (The percentage of Alarm.com's common stock that William Blair Investment Management, LLC beneficially owns.)
• 2,177,706 — Sole Voting Power Shares (The number of shares over which William Blair Investment Management, LLC has sole voting power.)

Key Players & Entities

• William Blair Investment Management, LLC (company) — reporting person and institutional investor
• Alarm.com Holdings, Inc. (company) — subject company, prepackaged software services
• Delaware (company) — state of incorporation for William Blair
• 2,499,896 (dollar_amount) — total shares beneficially owned by William Blair
• 5.0% (dollar_amount) — percentage of Alarm.com's common stock owned by William Blair
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Other institutional investors may increase their positions in Alarm.com, following William Blair's lead. (Alarm.com Holdings, Inc.) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• tm245766d16_sc13g.htm (SC 13G) — 51KB
• 0001104659-24-015203.txt ( ) — 53KB

(a)

Item 1(a). Name of Issuer: Alarm.com Holdings Inc

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 8281 Greensboro Drive, Suite 100, Tysons, VA 22102

(a)

Item 2(a). Name of Person Filing: William Blair Investment Management, LLC

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 150 North Riverside Plaza, Chicago, IL 60606

(c)

Item 2(c). Citizenship: Delaware

(d)

Item 2(d). Title of Class of Securities: Common Stock

(e)

Item 2(e). CUSIP Number: 011642105 Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) x An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) o Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________. CUSIP: 011642105 Page 4 Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 2,499,896 (b) Percent of class: 5.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 2,177,706 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,499,896 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.

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View this SC 13G filing on SEC EDGAR