Capital International Investors Discloses 745,776 Share Stake in JBSS

Ticker: JBSS · Form: SC 13G · Filed: Feb 9, 2024 · CIK: 880117

Complexity: simple

Sentiment: bullish

Topics: institutional-ownership, sc-13g, investor-confidence

TL;DR

**Big fund Capital International Investors just revealed a 745,776 share stake in JBSS.**

AI Summary

Capital International Investors, a Delaware-based investment firm, reported on February 9, 2024, that they beneficially own 745,776 shares of John B. Sanfilippo & Son, Inc. (JBSS) common stock as of December 29, 2023. This represents a significant stake, giving them sole voting and dispositive power over these shares. This matters to investors because a large institutional investor taking a substantial position can signal confidence in the company's future prospects, potentially influencing other investors and the stock price.

Why It Matters

This filing reveals a major institutional investor's significant ownership in John B. Sanfilippo & Son, Inc., which can be seen as a vote of confidence in the company's value and future performance.

Risk Assessment

Risk Level: low — This filing indicates an institutional investor has taken a significant position, generally seen as a positive or neutral signal, not increasing risk.

Analyst Insight

A smart investor would view this as a positive signal, indicating a large, sophisticated investor sees value in John B. Sanfilippo & Son, Inc., and might consider further research into the company's fundamentals.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G filing?

The reporting person is Capital International Investors, a company incorporated in Delaware with IRS Identification No. 95-1411037.

What is the name of the issuer whose securities are being reported?

The issuer is John B. Sanfilippo & Son, Inc., with the CUSIP Number 800422107 for its Common Stock.

How many shares of John B. Sanfilippo & Son, Inc. does Capital International Investors beneficially own?

Capital International Investors beneficially owns 745,776 shares of John B. Sanfilippo & Son, Inc. common stock.

What type of voting and dispositive power does Capital International Investors have over these shares?

Capital International Investors has sole voting power over 745,776 shares and sole dispositive power over 745,776 shares, with no shared voting or dispositive power.

When was the event that triggered the requirement for this SC 13G filing?

The date of the event which required the filing of this statement was December 29, 2023.

Filing Stats: 1,035 words · 4 min read · ~3 pages · Grade level 8.4 · Accepted 2024-02-09 18:05:54

Filing Documents

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. _ ) * John B. Sanfilippo & Son, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 800422107 (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. 800422107 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 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 745,776 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 745,776 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 745,776 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.3% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer John B. Sanfilippo & Son, Inc. (b) Address of Issuer's Principal Executive Offices 1703 North Randall Road, Elgin, IL 60123-7820 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 800422107 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) [X] 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) [ ] 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). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 745,776 ** (b) Percent of Class: 8.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 745,776 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 745,776 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 745,776 shares or 8.3% of the 8,973,031 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of mor

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