APG Asset Management Amends Jack Henry Stake

TL;DR

**APG Asset Management US Inc. updated its passive stake in Jack Henry & Associates, Inc. as of year-end 2023.**

AI Summary

APG Asset Management US Inc. filed an amended Schedule 13G/A on February 7, 2024, indicating a change in their beneficial ownership of Jack Henry & Associates, Inc. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that APG Asset Management US Inc. continues to hold a significant, though potentially adjusted, passive stake in the company. For investors, this matters because large institutional holdings can provide stability and signal confidence in the company's long-term prospects, but any significant reduction could raise questions.

Why It Matters

This filing shows a major institutional investor, APG Asset Management US Inc., has updated its passive ownership in Jack Henry & Associates, Inc., which can influence market perception and stock stability.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note that APG Asset Management US Inc. maintains a passive institutional stake in Jack Henry & Associates, Inc. and monitor future amendments for significant changes in their ownership percentage, which could signal a shift in their investment thesis.

Key Players & Entities

• APG Asset Management US Inc. (company) — the reporting person filing the SC 13G/A
• Jack Henry & Associates, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 7, 2024 (date) — the filing date of the SC 13G/A
• 426281101 (number) — the CUSIP number for Jack Henry & Associates, Inc. Common Stock

FAQ

Key Financial Figures

• $0.01 — Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securiti

Filing Documents

• formsc13ga.htm (SC 13G/A) — 146KB
• ex1.htm (EX-1) — 12KB
• 0001493152-24-005293.txt ( ) — 161KB

From the Filing

SC 13G/A 1 formsc13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Jack Henry & Associates, Inc. (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) 426281101 (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). CUSIP No. 426281101 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management US Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,053,278* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,053,278* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,053,278* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO, IA * Based on 72,828,202 Common Shares outstanding as of October 27, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on November 9, 2023. CUSIP No. 426281101 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,053,278* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,053,278* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,053,278* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 72,828,202 Common Shares outstanding as of October 27, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on November 9, 2023. CUSIP No. 426281101 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Groep, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,053,278* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,053,278* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,053,278* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 72,828,202 Common Shares outstanding as of October 27, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on November 9, 2023. CUSIP No. 426281101 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stichting Pensioenfonds ABP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 4,053,278* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 4,053,278* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTI

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