ING Groep N.V. Amends Cedar Fair L.P. Stake Disclosure
Ticker: INGVF · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 1039765
| Field | Detail |
|---|---|
| Company | Ing Groep NV (INGVF) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, 13G, holding-update
TL;DR
**ING Groep still holds Cedar Fair units, signaling institutional confidence.**
AI Summary
ING Groep N.V. filed an amended Schedule 13G/A on February 8, 2024, indicating its ownership of Cedar Fair, L.P. depositary units as of December 31, 2023. This filing, an amendment to a previous disclosure, shows that ING Groep N.V. is a significant institutional investor in Cedar Fair, L.P. This matters to investors because it confirms continued institutional interest in Cedar Fair, L.P., potentially signaling confidence in the company's future performance and stability.
Why It Matters
This filing confirms that a major financial institution, ING Groep N.V., remains a holder of Cedar Fair, L.P. shares, which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate new risks or significant changes.
Analyst Insight
Investors should note that ING Groep N.V. continues to hold a position in Cedar Fair, L.P. This is a routine update and doesn't signal a major change, but it confirms ongoing institutional interest. Smart investors might use this as a data point to validate their own research on Cedar Fair, L.P., but it's not a standalone buy/sell signal.
Key Players & Entities
- ING Groep N.V. (company) — the reporting person and institutional investor
- Cedar Fair, L.P. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the filing date of the SC 13G/A
- The Netherlands (company) — place of organization for ING Groep N.V.
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G/A (Amendment No. 1)*'.
Who is the reporting person in this filing?
The reporting person is ING Groep N.V., as stated under 'NAMES OF REPORTING PERSONS' and 'FILED BY: COMPANY CONFORMED NAME: ING GROEP NV'.
What is the subject company whose securities are being reported?
The subject company is Cedar Fair, L.P., as identified under 'SUBJECT COMPANY: COMPANY CONFORMED NAME: CEDAR FAIR L P' and 'Cedar Fair, L.P. (Name of Issuer)'.
What is the CUSIP number for the securities held by ING Groep N.V.?
The CUSIP number for the Depositary units (Representing Limited Partner Interests) of Cedar Fair, L.P. is 150185106, as stated in the filing.
What was the 'Date of Event which Requires Filing of this Statement'?
The 'Date of Event which Requires Filing of this Statement' was December 31, 2023, as explicitly mentioned in the filing.
Filing Stats: 1,332 words · 5 min read · ~4 pages · Grade level 9.1 · Accepted 2024-02-08 15:13:41
Filing Documents
- ef20020847_sc13ga.htm (SC 13G/A) — 92KB
- 0001140361-24-006329.txt ( ) — 93KB
From the Filing
SC 13G/A 1 ef20020847_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* Cedar Fair, L.P. (Name of Issuer) Depositary units (Representing Limited Partner Interests) (Title of Class of Securities) 150185106 (CUSIP Number) December 31, 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: 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 ("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 ). SCHEDULE 13G/A CUSIP No. 150185106 1 NAMES OF REPORTING PERSONS ING Groep N.V. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 3,798,700 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 3,798,700 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,798,700 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.45%* 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC * Based on the 51,015,226 depositary units (representing limited partner interest) of the issuer (the " Depositary Units ") as of October 27, 2023, as reported in the issuer's Quarterly Report on Form 10-Q for the period ended in September 24, 2023, filed with the Securities and Exchange Commission on November 2, 2023. Page 2 of 6 1 NAMES OF REPORTING PERSONS ING Financial Markets LLC 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 3,798,700 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 3,798,700 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,798,700 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.45%* 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) BD * Based on the 51,015,226 Depositary Units as of October 27, 2023, as reported in the issuer's Quarterly Report on Form 10-Q for the period ended in September 24, 2023, filed with the Securities and Exchange Commission on November 2, 2023. Page 3 of 6 Item 1. (a) Name of Issuer: Cedar Fair, L.P. (b) Address of Issuer's Principal Executive Offices: One Cedar Point Drive, Sandusky OH 44870, USA Item 2. (a) Name of Person Filing: ING Groep, N.V. ING Financial Markets LLC (b) Address of Principal Business Office or, if None, Residence: ING Groep N.V. PO Box 1800 Amsterdam, P7 1000 BV Amsterdam ING Financial Markets LLC 1133 Avenue of the Americas New York, NY 10036 USA (c) Citizenship: ING Groep N.V. – The Netherlands ING Financial Markets LLC – Delaware (d) Title and Class of Securities: Depositary Units (e) CUSIP No.: 150185106 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act; (b) Bank as defined in Section 3(a)(6) of the Act; (c) Insurance company as defined in Section 3(a)(19) of the Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); Page 4 of 6 (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; (j) A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:____ Item 4. (a) Amount Beneficially Owned: ING Groep N.V. may