Wellington Mgmt Amends Genpact Stake, Signals Portfolio Shift
Ticker: G · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 1398659
| Field | Detail |
|---|---|
| Company | Genpact LTD (G) |
| 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, passive-investment
TL;DR
**Wellington Management just updated its Genpact stake, watch for market reaction.**
AI Summary
Wellington Management Group LLP filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership of Genpact Limited's common stock as of December 29, 2023. This filing, Amendment No. 14, updates their previous disclosures regarding their passive investment in Genpact. For investors, this matters because Wellington Management is a significant institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding Genpact, potentially influencing market perception.
Why It Matters
This filing shows an institutional investor, Wellington Management Group LLP, has updated its position in Genpact Limited, which can influence market sentiment and other investors' decisions.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating a passive stake, which typically carries low risk.
Analyst Insight
Investors should note that a major institutional investor like Wellington Management Group LLP is adjusting its position in Genpact Limited. While this filing doesn't disclose the exact change in shares or percentage, it signals a re-evaluation of their investment. Smart investors would look for the full details of the amendment to understand the magnitude of the change and consider if it aligns with their own investment thesis for Genpact.
Key Players & Entities
- Wellington Management Group LLP (company) — the reporting person filing the SC 13G/A
- Genpact Limited (company) — the issuer 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
- Amendment No. 14 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document and what does it signify?
This document is an SC 13G/A, which is an amendment to a Schedule 13G. It signifies that Wellington Management Group LLP is updating its previous disclosure regarding its beneficial ownership of Genpact Limited's common stock, specifically Amendment No. 14.
Who is the reporting person in this filing?
The reporting person in this filing is Wellington Management Group LLP, with a Central Index Key (CIK) of 0000902219.
Which company's securities are being reported on in this filing?
The securities being reported on belong to Genpact Limited, identified as the 'Name of Issuer' with CUSIP Number G3922B107.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box.
Filing Stats: 1,779 words · 7 min read · ~6 pages · Grade level 9.8 · Accepted 2024-02-08 10:03:08
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 31KB
- 0000902219-24-000013.txt ( ) — 33KB
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. 14 ) * Genpact Limited (Name of Issuer) Common Stock (Title of Class of Securities) G3922B107 (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. G3922B107 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 8,330,897 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 9,926,185 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,926,185 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.47% 12. TYPE OF REPORTING PERSON HC CUSIP No. G3922B107 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 8,330,897 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 9,926,185 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,926,185 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.47% 12. TYPE OF REPORTING PERSON HC CUSIP No. G3922B107 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 8,330,897 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 9,926,185 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,926,185 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.47% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer Genpact Limited (b) Address of Issuer's Principal Executive Offices Canon's Court 22 Victoria Street Hamilton, D0 HM 12 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 G3922B107 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 2