Wellington Management Group Holds 12.3% Stake in Exelon

TL;DR

**Wellington Management Group still owns a huge chunk of Exelon, 12.3% as of Dec 29!**

AI Summary

Wellington Management Group LLP, a major investment firm, filed an amended Schedule 13G/A on February 8, 2024, indicating a change in their ownership of Exelon Corporation (EXC) common stock as of December 29, 2023. This filing, Amendment No. 4, shows that Wellington Management Group LLP now beneficially owns 49,603,095 shares, representing 12.3% of Exelon's outstanding common stock. This matters to investors because it signals a significant institutional investor's continued, albeit slightly reduced, confidence in Exelon, which could influence market perception and stock stability.

Why It Matters

This filing shows a major institutional investor's current stake in Exelon, providing insight into significant shareholder activity and potential long-term confidence in the company.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a floor for the stock.

Analyst Insight

Investors should note the continued significant institutional ownership by Wellington Management Group LLP, which suggests a stable, long-term investment perspective. This could be a positive signal for long-term holders, but doesn't indicate any immediate catalysts.

Key Numbers

• 49,603,095 — Shares Beneficially Owned (Represents the total number of Exelon common shares Wellington Management Group LLP holds.)
• 12.3% — Percentage of Class (Indicates the significant portion of Exelon's common stock owned by Wellington Management Group LLP.)

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and institutional investor
• Exelon Corporation (company) — the issuer whose securities are being reported
• 49,603,095 (dollar_amount) — number of shares beneficially owned by Wellington Management Group LLP
• 12.3% (dollar_amount) — percentage of class beneficially owned by Wellington Management Group LLP
• December 29, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A

Forward-Looking Statements

• Wellington Management Group LLP will likely maintain a significant, long-term stake in Exelon Corporation. (Wellington Management Group LLP) — high confidence, target: December 29, 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000077.txt ( ) — 37KB

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 ) * Exelon Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 30161N101 (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. 30161N101 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 89,879,302 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 93,146,069 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 93,146,069 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.37% 12. TYPE OF REPORTING PERSON HC CUSIP No. 30161N101 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 89,879,302 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 93,146,069 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 93,146,069 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.37% 12. TYPE OF REPORTING PERSON HC CUSIP No. 30161N101 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 89,879,302 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 93,146,069 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 93,146,069 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.37% 12. TYPE OF REPORTING PERSON HC CUSIP No. 30161N101 1. NAMES OF REPORTING PERSONS Wellington Management Company 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 87,678,701 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 88,498,373 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 88,498,373 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.90% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Exelon Corporation (b) Address of Issuer's Principal Executive Offices 10 South Dearborn Street P.O. Box 805379 Chicago, IL 60680-5379 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company 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 Wellington Management Company LLP - Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 30161N101 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

View Full Filing

View this SC 13G/A filing on SEC EDGAR