Wellington Mgmt Amends Centerspace Stake (SC 13G/A)
Ticker: CSR · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 798359
| Field | Detail |
|---|---|
| Company | Centerspace (CSR) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, real-estate, ownership-change
Related Tickers: CSR
TL;DR
**Wellington Management Group just updated its Centerspace (CSR) holdings, signaling a change in their investment.**
AI Summary
Wellington Management Group LLP, a major investment firm, filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership of Centerspace (NYSE: CSR) common stock as of December 29, 2023. This filing, an Amendment No. 2, updates their previous disclosures, signaling that their stake in the real estate investment trust has likely shifted, which matters to investors as large institutional holdings can influence stock stability and market perception.
Why It Matters
This filing shows a significant institutional investor, Wellington Management Group LLP, has adjusted its position in Centerspace, which can signal their updated view on the company's prospects and potentially impact investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine update from an institutional investor and does not inherently indicate high risk, but rather a change in ownership.
Analyst Insight
Investors should monitor subsequent filings from Wellington Management Group LLP to understand the magnitude and direction of their ownership change in Centerspace, as this could signal a shift in institutional confidence.
Key Players & Entities
- Wellington Management Group LLP (company) — the reporting person and institutional investor
- Centerspace (company) — the subject company whose 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
- 15202L107 (other) — CUSIP Number for Centerspace Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 2, as stated in the filing.
Who is the reporting person in this filing?
The reporting person is Wellington Management Group LLP, as explicitly stated under 'NAMES OF REPORTING PERSONS' on the cover page.
What is the subject company (issuer) of the securities being reported?
The subject company, or issuer, is Centerspace, as identified under '(Name of Issuer)' on the cover page.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Centerspace is 15202L107, as listed on the cover page of the filing.
When was the event that triggered this filing?
The date of the event which requires the filing of this statement was December 29, 2023, as indicated on the cover page.
Filing Stats: 1,777 words · 7 min read · ~6 pages · Grade level 9.8 · Accepted 2024-02-08 10:11:32
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 30KB
- 0000902219-24-000058.txt ( ) — 32KB
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. 2 ) * Centerspace (Name of Issuer) Common Stock (Title of Class of Securities) 15202L107 (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. 15202L107 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 549,136 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 557,993 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 557,993 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.71% 12. TYPE OF REPORTING PERSON HC CUSIP No. 15202L107 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 549,136 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 557,993 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 557,993 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.71% 12. TYPE OF REPORTING PERSON HC CUSIP No. 15202L107 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 549,136 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 557,993 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 557,993 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.71% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer Centerspace (b) Address of Issuer's Principal Executive Offices 3100 10th Street SW, Post Office Box 1988 Minot, ND 58702 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings 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 (d) Title of Class of Securities Common Stock (e) CUSIP Number 15202L107 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) [ ] 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).