Thoma Bravo Amends Dynatrace Stake, Signals Portfolio Rebalancing

TL;DR

**Thoma Bravo updated its Dynatrace stake, watch for potential market reaction.**

AI Summary

Thoma Bravo UGP, LLC, a private equity firm, filed an amended SC 13G/A on February 2, 2024, updating its beneficial ownership in Dynatrace, Inc. as of December 31, 2023. This filing indicates a change in their holdings, which is important for investors as Thoma Bravo is a significant institutional holder and changes in their position can signal their confidence (or lack thereof) in Dynatrace's future performance.

Why It Matters

Large institutional investors like Thoma Bravo adjusting their positions can influence market sentiment and stock price, as their moves are often seen as informed decisions.

Risk Assessment

Risk Level: low — This filing is a routine update from a major investor and doesn't inherently signal immediate high risk, but rather a change in ownership.

Analyst Insight

Investors should monitor subsequent filings from Thoma Bravo to understand the magnitude and direction of their ownership changes in Dynatrace, as this could signal a long-term strategy shift or rebalancing within their portfolio.

Key Players & Entities

• Thoma Bravo UGP, LLC (company) — the reporting person filing the SC 13G/A
• Dynatrace, Inc. (company) — the subject company in which shares are held
• December 31, 2023 (date) — the date of the event requiring the filing
• February 2, 2024 (date) — the filing date of the SC 13G/A
• Thoma Bravo Executive Fund XI, L.P. (company) — a group member associated with Thoma Bravo UGP, LLC

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• d715190dsc13ga.htm (SC 13G/A) — 177KB
• 0001193125-24-022848.txt ( ) — 179KB

From the Filing

SC 13G/A 1 d715190dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 2)* Dynatrace, Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 268150109 (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 persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on 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 ). 1. Names of Reporting Persons Thoma Bravo Fund X, L.P. 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 Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power 0 6. Shared Voting Power 2,714,720 7. Sole Dispositive Power 0 8. Shared Dispositive Power 2,714,720 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,714,720 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented By Amount in Row (9) * (1) 12. Type of Reporting Person (See Instructions) PN (1) Beneficial ownership representing less than 1% is denoted with an asterisk (*). Calculated based on 294,394,482 shares of common stock, $0.001 par value per share (Common Stock), outstanding as of October 31, 2023, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the SEC) on November 2, 2023. 1. Names of Reporting Persons Thoma Bravo Fund X-A, L.P. 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 Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power 0 6. Shared Voting Power 593,825 7. Sole Dispositive Power 0 8. Shared Dispositive Power 593,825 9. Aggregate Amount Beneficially Owned by Each Reporting Person 593,825 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented By Amount in Row (9) * (1) 12. Type of Reporting Person (See Instructions) PN (1) Beneficial ownership representing less than 1% is denoted with an asterisk (*). Calculated based on 294,394,482 shares of Common Stock outstanding as of October 31, 2023, as reported in the Issuers Quarterly Report on Form 10-Q filed with the SEC on November 2, 2023. 1. Names of Reporting Persons Thoma Bravo Special Opportunities Fund I, L.P. 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 Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power 0 6. Shared Voting Power 232,926 7. Sole Dispositive Power 0 8. Shared Dispositive Power 232,926 9. Aggregate Amount Beneficially Owned by Each Reporting Person 232,926 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented By Amount in Row (9) * (1) 12. Type of Reporting Person (See Instructions) PN (1) Beneficial ownership representing less than 1% is denoted with an asterisk (*). Calculated based on 294,394,482 shares of Common Stock outstanding as of October 31, 2023, as reported in the Issuers Quarterly Report on Form 10-Q filed with the SEC on November 2, 2023. 1. Names of Reporting Persons Thoma Bravo Special Opportunities Fund I AIV, L.P. 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 Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power 0 6. Shared Voting Power 1,716,037 7. Sole Dispositive Power 0 8. Shared Dispositive Power 1,716,037 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,716,037 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares 11. Percent of Class Represented By Amount in Row (9) * (1) 12. Type of Reporting Person (See Instructions) PN (1) Beneficial ownership representing less than 1% is denoted with an a

View Full Filing

View this SC 13G/A filing on SEC EDGAR