Wellington Management Amends Fluent Inc. Stake (SC 13G/A)
Ticker: FLNT · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 1460329
| Field | Detail |
|---|---|
| Company | Fluent, INC. (FLNT) |
| 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, SC-13G/A
TL;DR
**Wellington Management updated its Fluent Inc. stake, showing continued institutional interest.**
AI Summary
Wellington Management Group LLP filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership of Fluent, Inc. common stock as of December 29, 2023. This filing, Amendment No. 3, shows that Wellington Management continues to hold a significant stake in Fluent, Inc., an advertising services company. For investors, this matters because large institutional holdings can signal confidence in a company's prospects, but changes in these holdings can also influence stock price and market sentiment.
Why It Matters
This filing updates Wellington Management's ownership position in Fluent, Inc., providing transparency on a major institutional investor's continued interest in the company.
Risk Assessment
Risk Level: low — This is a routine amendment to an existing filing, indicating a change in ownership percentage rather than a new, aggressive stake.
Analyst Insight
Investors should note that a major institutional investor, Wellington Management, continues to hold a stake in Fluent, Inc. While this filing doesn't reveal the exact percentage change, it confirms ongoing institutional interest. Smart investors might monitor future filings for significant increases or decreases in Wellington's position, as well as Fluent, Inc.'s performance and news, to understand the implications of this continued holding.
Key Players & Entities
- Wellington Management Group LLP (company) — the institutional investor filing the SC 13G/A
- Fluent, Inc. (company) — the subject company whose common 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
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. 3, as stated on the cover page.
Who is the subject company of this filing?
The subject company is Fluent, Inc., identified by the CUSIP Number 34380C102 and the Central Index Key 0001460329.
Who is the entity making this filing?
The entity making this filing is WELLINGTON MANAGEMENT GROUP LLP, with Central Index Key 0000902219.
What is the date of the event that triggered this filing?
The date of the event which requires the filing of this statement is December 29, 2023, as specified on the cover page.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b), as indicated by the checked box on the cover page.
Filing Stats: 1,778 words · 7 min read · ~6 pages · Grade level 9.6 · Accepted 2024-02-08 10:13:18
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 30KB
- 0000902219-24-000079.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. 3 ) * Fluent, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 34380C102 (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. 34380C102 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 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.00% 12. TYPE OF REPORTING PERSON HC CUSIP No. 34380C102 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 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.00% 12. TYPE OF REPORTING PERSON HC CUSIP No. 34380C102 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 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.00% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer Fluent, Inc. (b) Address of Issuer's Principal Executive Offices 300 Vesey Street, 9th Floor New York, NY 10282 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 34380C102 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). If this statement is filed pursuant to Rule 13d-1(c), check t