Artisan Partners Amends Lattice Semi Stake to 7.4%

TL;DR

**Artisan Partners still owns 7.4% of Lattice Semiconductor as of 12/31/2023.**

AI Summary

Artisan Partners Limited Partnership, a major investment firm, filed an amendment (SC 13G/A) on February 12, 2024, updating its ownership in Lattice Semiconductor Corporation. As of December 31, 2023, Artisan Partners reported beneficial ownership of 10,030,730 shares of Lattice Semiconductor's Common Stock, representing 7.4% of the company. This is an amendment to their previous filing, indicating a change in their holding, which is important for investors to track as it shows a significant institutional investor's updated position in the company.

Why It Matters

This filing shows that a large institutional investor, Artisan Partners, still holds a significant stake in Lattice Semiconductor, signaling their continued confidence (or at least, continued investment) in the company. For investors, this means a major player is still 'in the game,' which can influence stock stability and perception.

Risk Assessment

Risk Level: low — This filing is an update on an existing significant ownership, not a new large position or a complete divestment, indicating stability rather than a new risk.

Analyst Insight

Investors should note that a major institutional holder, Artisan Partners, continues to hold a substantial 7.4% stake in Lattice Semiconductor as of December 31, 2023. This indicates continued institutional interest, but the filing itself doesn't provide a reason for any change in their holding, so further research into Artisan Partners' investment thesis or any recent company news would be prudent.

Key Numbers

• 10,030,730 — shares beneficially owned (This is the total number of Common Stock shares of Lattice Semiconductor Corporation that Artisan Partners Limited Partnership reported owning as of December 31, 2023.)
• 7.4% — percentage of class outstanding (This represents the percentage of Lattice Semiconductor Corporation's Common Stock that Artisan Partners Limited Partnership beneficially owned as of December 31, 2023.)
• 518415104 — CUSIP Number (This is the unique identification number for Lattice Semiconductor Corporation's Common Stock.)
• 12/31/2023 — Date of Event (This is the date as of which the ownership information in the filing is accurate.)
• 0001193125-24-030892 — Accession Number (This is the unique identifier for this specific SEC filing.)

Key Players & Entities

• Artisan Partners Limited Partnership (company) — the reporting person and institutional investor
• Lattice Semiconductor Corporation (company) — the subject company whose securities are being reported
• Artisan Investments GP LLC (company) — a group member associated with Artisan Partners
• Artisan Partners Asset Management Inc. (company) — a group member associated with Artisan Partners
• Artisan Partners Holdings LP (company) — a group member associated with Artisan Partners

Forward-Looking Statements

• Artisan Partners will maintain a significant stake in Lattice Semiconductor for the foreseeable future. (Artisan Partners Limited Partnership) — medium confidence, target: 12/31/2024

FAQ

Filing Documents

• d770768dsc13ga.htm (SC 13G/A) — 75KB
• d770768dex991.htm (EX-99.1) — 4KB
• g770768dsp11a.jpg (GRAPHIC) — 7KB
• g770768dsp11b.jpg (GRAPHIC) — 8KB
• 0001193125-24-030892.txt ( ) — 101KB

From the Filing

SC 13G/A 1 d770768dsc13ga.htm SC 13G/A SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2. Under the Securities Exchange Act of 1934 (Amendment No. 3)* Lattice Semiconductor Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 518415104 (CUSIP Number) 12/31/2023 (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 persons 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. 518415104 13G 1 NAME OF REPORTING PERSON Artisan Partners Limited Partnership 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 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 None 6 SHARED VOTING POWER 8,519,536 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 9,544,835 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,544,835 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.9% 12 TYPE OF REPORTING PERSON (see Instructions) IA CUSIP No. 518415104 13G 1 NAME OF REPORTING PERSON Artisan Investments GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 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 None 6 SHARED VOTING POWER 8,519,536 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 9,544,835 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,544,835 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.9% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. 518415104 13G 1 NAME OF REPORTING PERSON Artisan Partners Holdings LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 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 None 6 SHARED VOTING POWER 8,519,536 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 9,544,835 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,544,835 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.9% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. 518415104 13G 1 NAME OF REPORTING PERSON Artisan Partners Asset Management Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 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 None 6 SHARED VOTING POWER 8,519,536 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 9,544,835 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,544,835 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.9% 12 TYPE OF REPORTING PERSON (see Instructions) HC Item1(a) Name of Issuer: Lattice Semiconductor Corporation Item1(b) Address of Issuers Principal Executive Offices: 5555 NE Moore Court, Hillsboro, OR 97124 Item2(a) Name of Person Filing: Artisan Partners Limited Partnership (APLP) Artisan Investments GP LLC (Artisan Investments) Artisan Partners Holdings LP (Artisan Holdings) Artisan Partners Asset Management Inc. (APAM) Item2(b) Address of Principal Business Office: APLP, Artisan Investments, Artisan Holdings, and APAM are all located at: 875 East Wisconsin Avenue, Suite 800 Milwaukee, WI 53202 Item2(c) Citizenship:

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View this SC 13G/A filing on SEC EDGAR