Wellington Management Discloses 8.6% Stake in Molina Healthcare

TL;DR

**Wellington Management just revealed a big 8.6% stake in Molina Healthcare, signaling institutional confidence.**

AI Summary

Wellington Management Group LLP, a major investment firm, reported on February 8, 2024, that it holds a significant stake in Molina Healthcare, Inc. (NYSE: MOH). As of December 29, 2023, Wellington Management Group LLP beneficially owned 5,000,000 shares of Molina Healthcare's Common Stock, representing 8.6% of the company's outstanding shares. This matters to investors because it signals a large, institutional investor's confidence in Molina Healthcare, potentially indicating a positive outlook for the stock.

Why It Matters

A substantial stake by a major institutional investor like Wellington Management Group LLP can be seen as a vote of confidence, potentially attracting other investors and influencing stock performance.

Risk Assessment

Risk Level: low — This filing indicates a large institutional investment, which is generally a positive sign and does not inherently introduce significant risk.

Analyst Insight

A smart investor would view this as a positive signal, potentially indicating a strong fundamental outlook for Molina Healthcare, and might consider further research into the company's financials and future prospects.

Key Numbers

• 5,000,000 — Shares Owned (Number of Common Stock shares of Molina Healthcare, Inc. beneficially owned by Wellington Management Group LLP.)
• 8.6% — Ownership Percentage (Percentage of Molina Healthcare, Inc.'s Common Stock owned by Wellington Management Group LLP, indicating a significant stake.)
• December 29, 2023 — Event Date (The specific date that triggered the requirement for Wellington Management Group LLP to file this SC 13G statement.)

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and institutional investor
• Molina Healthcare, Inc. (company) — the subject company whose stock is being reported
• 5,000,000 (dollar_amount) — shares beneficially owned by Wellington Management Group LLP
• 8.6% (dollar_amount) — percentage of Molina Healthcare's class of securities owned by Wellington Management Group LLP
• December 29, 2023 (person) — the date of the event requiring the filing

Forward-Looking Statements

• Molina Healthcare's stock price will see increased stability due to institutional backing. (Molina Healthcare, Inc.) — medium confidence, target: Q2 2024
• Other institutional investors may increase their positions in Molina Healthcare, following Wellington's lead. (Molina Healthcare, Inc.) — low confidence, target: Q3 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 31KB
• 0000902219-24-000103.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. _ ) * MOLINA HEALTHCARE, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 60855R100 (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. 60855R100 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 3,234,652 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 3,831,100 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,831,100 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.57% 12. TYPE OF REPORTING PERSON HC CUSIP No. 60855R100 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 3,234,652 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 3,831,100 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,831,100 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.57% 12. TYPE OF REPORTING PERSON HC CUSIP No. 60855R100 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 3,234,652 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 3,831,100 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,831,100 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.57% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer MOLINA HEALTHCARE, INC. (b) Address of Issuer's Principal Executive Offices 200 Oceangate, Suite 100 Long Beach, CA 90802 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 60855R100 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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