William Blair Amends Euronet Worldwide Stake (SC 13G/A)

TL;DR

**William Blair updated its passive stake in Euronet Worldwide as of year-end 2023.**

AI Summary

William Blair Investment Management, LLC filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership in Euronet Worldwide Inc. as of December 31, 2023. This filing is an amendment (Amendment No. 2) to their previous disclosures, updating their passive investment position in the company's common stock. This matters to investors because it provides transparency into institutional ownership, showing that a significant investment firm continues to hold a position in Euronet, which can be a signal of confidence or a change in their investment thesis.

Why It Matters

This filing updates the public on William Blair Investment Management's passive ownership in Euronet Worldwide, providing transparency into institutional holdings which can influence market perception and stock stability.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note that William Blair Investment Management, LLC continues to hold a passive stake in Euronet Worldwide. While this filing doesn't reveal a change in strategy, it confirms ongoing institutional interest. Smart investors might monitor future filings for any significant changes in ownership percentage or a shift from passive to active investment, which could signal a change in the firm's outlook on Euronet.

Key Players & Entities

• William Blair Investment Management, LLC (company) — the reporting person filing the SC 13G/A
• Euronet Worldwide Inc (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 12, 2024 (date) — the filing date of the SC 13G/A

FAQ

Filing Documents

• tm245766d23_sc13g.htm (SC 13G/A) — 51KB
• 0001104659-24-015416.txt ( ) — 53KB

(a)

Item 1(a). Name of Issuer: Euronet Worldwide Inc

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS 66211

(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: 298736109 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: 298736109 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: 929,297 (b) Percent of class: 2.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 794,828 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 929,297 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5.

View Full Filing

View this SC 13G/A filing on SEC EDGAR