Dimensional Fund Advisors Amends Amkor Tech Stake
Ticker: AMKR · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1047127
| Field | Detail |
|---|---|
| Company | Amkor Technology, Inc. (AMKR) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Dimensional Fund Advisors still owns Amkor Tech shares, signaling continued institutional confidence.**
AI Summary
Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, indicating its ownership of Amkor Technology Inc. common stock as of December 29, 2023. This filing, Amendment No. 6, updates their previous disclosures, showing their continued significant, but passive, investment in the semiconductor company. For investors, this means a major institutional investor maintains a stake, which can signal confidence in Amkor Technology's long-term prospects, but the passive nature suggests they aren't looking to influence management decisions.
Why It Matters
This filing confirms a major institutional investor, Dimensional Fund Advisors LP, continues to hold a significant, passive stake in Amkor Technology, Inc., which can be a positive signal for other investors regarding the stock's stability and long-term value.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate new risks or significant changes in company control.
Analyst Insight
Investors should note that a major institutional investor maintains a passive stake, suggesting long-term confidence without active management intervention. This filing doesn't indicate any immediate need for action but reinforces the stock's institutional backing.
Key Numbers
- 031652100 — CUSIP Number (identifies Amkor Technology Inc's common stock)
- Amendment No. 6 — Filing Amendment Number (indicates this is the sixth update to Dimensional Fund Advisors LP's Schedule 13G for Amkor Technology Inc.)
Key Players & Entities
- Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
- Amkor Technology Inc (company) — the subject company whose stock is being reported
- Delaware Limited Partnership (company) — the organizational structure and place of organization for Dimensional Fund Advisors LP
- December 29, 2023 (date) — the date of the event which required the filing of this statement
- February 9, 2024 (date) — the date the SC 13G/A filing was made
Forward-Looking Statements
- Dimensional Fund Advisors LP will maintain a passive investment strategy in Amkor Technology Inc. for the foreseeable future. (Dimensional Fund Advisors LP) — high confidence, target: 2025-12-31
FAQ
Who filed this SC 13G/A amendment?
Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed this SC 13G/A amendment.
What company's stock is the subject of this filing?
The subject company is Amkor Technology Inc., identified by CUSIP Number 031652100.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which required the filing of this statement was December 29, 2023.
What type of filing is this, and what does the 'A' signify?
This is an SC 13G/A filing. The 'A' signifies that it is an amendment to a previously filed Schedule 13G, specifically Amendment No. 6.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'X' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 regarding AMKOR TECHNOLOGY, INC. (AMKR).