Wellington Mgmt Amends NYCB Stake; Signals Position Change

TL;DR

**Wellington Management Group just updated their stake in NYCB, watch for market reaction.**

AI Summary

Wellington Management Group LLP, a major investment firm, filed an amended SC 13G/A on February 8, 2024, disclosing its ownership of New York Community Bancorp Inc. common stock as of December 29, 2023. This filing indicates a change in their previously reported stake, which is important for investors as it shows a significant institutional investor's updated position in the bank, potentially signaling their evolving confidence in the company's future performance.

Why It Matters

This filing updates the public on a major institutional investor's holdings, which can influence market perception and potentially impact the stock price of New York Community Bancorp Inc.

Risk Assessment

Risk Level: low — This is a routine update from an institutional investor and does not inherently signal high risk, though changes in holdings can influence sentiment.

Analyst Insight

Investors should monitor subsequent filings from Wellington Management Group LLP to understand the full extent of their position change and consider how this might align with their own investment thesis for New York Community Bancorp Inc.

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person filing the SC 13G/A
• New York Community Bancorp Inc (company) — the issuer whose securities are 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

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000193.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. 1 ) * NEW YORK COMMUNITY BANCORP INC (Name of Issuer) Common Stock (Title of Class of Securities) 649445103 (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. 649445103 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 55,898,429 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 62,578,666 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 62,578,666 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.66% 12. TYPE OF REPORTING PERSON HC CUSIP No. 649445103 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 55,898,429 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 62,578,666 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 62,578,666 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.66% 12. TYPE OF REPORTING PERSON HC CUSIP No. 649445103 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 55,898,429 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 62,578,666 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 62,578,666 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.66% 12. TYPE OF REPORTING PERSON HC CUSIP No. 649445103 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 51,564,490 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 54,613,733 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 54,613,733 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.56% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer NEW YORK COMMUNITY BANCORP INC (b) Address of Issuer's Principal Executive Offices 102 Duffy Avenue Hicksville, NY 11801 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 649445103 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 Co

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View this SC 13G/A filing on SEC EDGAR