Wellington Management Discloses 7.0% Stake in Hyatt Hotels

TL;DR

**Wellington Management just revealed a 7.0% stake in Hyatt, signaling big institutional confidence.**

AI Summary

Wellington Management Group LLP, a Massachusetts-based investment advisor, reported owning 7,046,742 shares of Hyatt Hotels Corp (H) common stock as of December 29, 2023. This represents a 7.0% ownership stake in the hotel giant. This filing indicates a significant institutional investment in Hyatt, suggesting confidence from a major asset manager, which could be a positive signal for current and prospective shareholders.

Why It Matters

This filing shows a major institutional investor, Wellington Management, has a significant stake in Hyatt, which can be seen as a vote of confidence in the company's future performance.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, generally viewed as a positive sign rather than a risk.

Analyst Insight

A smart investor would view this significant institutional stake as a positive signal, potentially indicating confidence in Hyatt's long-term prospects, and might consider further research into Hyatt's fundamentals.

Key Numbers

• 7,046,742 — Shares Owned (Total shares of Hyatt Hotels Corp common stock beneficially owned by Wellington Management Group LLP.)
• 7.0% — Ownership Percentage (The percentage of Hyatt Hotels Corp's common stock owned by Wellington Management Group LLP.)

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and investment advisor
• Hyatt Hotels Corp (company) — the subject company (issuer)
• 7,046,742 (dollar_amount) — shares beneficially owned by Wellington Management Group LLP
• 7.0% (dollar_amount) — percentage of class owned by Wellington Management Group LLP
• December 29, 2023 (person) — date of event requiring the filing

Forward-Looking Statements

• Wellington Management Group LLP will maintain or increase its stake in Hyatt Hotels Corp over the next year. (Wellington Management Group LLP) — medium confidence, target: December 29, 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 31KB
• 0000902219-24-000178.txt ( ) — 33KB

From the Filing

SC 13G 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. _ ) * HYATT HOTELS CORPORATION (Name of Issuer) Common Stock (Title of Class of Securities) 448579102 (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. 448579102 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 2,206,770 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,546,984 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,546,984 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.76% 12. TYPE OF REPORTING PERSON HC CUSIP No. 448579102 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 2,206,770 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,546,984 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,546,984 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.76% 12. TYPE OF REPORTING PERSON HC CUSIP No. 448579102 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 2,206,770 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,546,984 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,546,984 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.76% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer HYATT HOTELS CORPORATION (b) Address of Issuer's Principal Executive Offices 150 North Riverside Plaza Chicago, IL 60606 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 448579102 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

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