Invesco Amends Beyond Inc. Stake; Files SC 13G/A on Dec 29 Event

TL;DR

**Invesco updated its stake in Beyond Inc., signaling a potential shift in institutional confidence.**

AI Summary

Invesco Ltd. has filed an amended SC 13G/A, indicating a change in their ownership stake in Beyond, Inc. (formerly Overstock.com, Inc.) as of December 29, 2023. This filing, an Amendment No. 4, updates their previous disclosures regarding their holdings of Beyond Inc.'s Common Stock. This matters to investors because significant changes in institutional ownership, especially from large asset managers like Invesco, can signal shifts in confidence or investment strategy regarding the stock, potentially influencing its future price movement.

Why It Matters

Changes in institutional ownership can signal shifts in market sentiment or investment strategy, potentially impacting a stock's perceived value and future performance.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently present a direct risk to the company or its investors.

Analyst Insight

Investors should monitor subsequent filings from Invesco Ltd. to understand the full scope of their updated position in Beyond, Inc. and assess if other institutional investors are making similar moves.

Key Players & Entities

• Beyond, Inc. (company) — the subject company of the filing, formerly Overstock.com, Inc.
• Invesco Ltd. (company) — the reporting person, an investment adviser
• December 29, 2023 (date) — the date of the event requiring the filing
• Amendment No. 4 (number) — the specific amendment number of the SC 13G filing

Forward-Looking Statements

• Invesco's next SC 13G/A filing will likely show further adjustments to their stake in Beyond, Inc. (Invesco Ltd.) — medium confidence, target: Within 12 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0000914208-24-000041.txt ( ) — 18KB

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. 4 ) * Beyond Inc (Name of Issuer) Common Stock (Title of Class of Securities) 690370101 (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. 690370101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Invesco Ltd. 98-0557567 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 450,156 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 454,059 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 454,059 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.0% 12. TYPE OF REPORTING PERSON HC, IA Item 1. (a) Name of Issuer Beyond Inc (b) Address of Issuer's Principal Executive Offices 799 West Coliseum Way, Midvale, UT 84047 Item 2. (a) Name of Person Filing Invesco Ltd. ("Invesco Ltd.") (b) Address of Principal Business Office or, if None, Residence 1331 Spring Street NW, Suite 2500, Atlanta, GA 30309 (c) Citizenship Bermuda (d) Title of Class of Securities Common Stock (e) CUSIP Number 690370101 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 in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] 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 Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [X] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). 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: Invesco Ltd. , in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 454,059 shares of the Issuer which are held of record by clients of Invesco Ltd. . (b) Percent of Class: 1.0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 450,156 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 454,059 (iv) shared power to dispose or to direct the disposition of 0 Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ X ] Item 6. However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Invesco Advisers, Inc. Invesco Capital Management LLC Item 8. Identification and Classification of Members of the Group. Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d). Item

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