Dimensional Fund Advisors Holds 1.35M Shares of Insight Enterprises
Ticker: NSIT · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 932696
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, fund-holding
TL;DR
**Dimensional Fund Advisors still owns 1.35M shares of Insight Enterprises, signaling institutional confidence.**
AI Summary
Dimensional Fund Advisors LP, an investment management firm, filed an amended SC 13G/A on February 9, 2024, disclosing its ownership of 1,351,140 shares of Insight Enterprises Inc. common stock as of December 29, 2023. This represents a significant institutional holding, indicating continued confidence in Insight Enterprises by a major fund. This matters to investors because large institutional holdings can provide stability and signal a positive long-term outlook for the stock.
Why It Matters
This filing shows that a major institutional investor, Dimensional Fund Advisors LP, maintains a substantial stake in Insight Enterprises, which can be a vote of confidence for current and prospective shareholders.
Risk Assessment
Risk Level: low — This filing indicates a stable institutional holding, which generally reduces risk by providing liquidity and investor confidence.
Analyst Insight
Investors should view this as a positive signal, as a large institutional investor maintaining a significant position suggests confidence in Insight Enterprises' long-term prospects. It might warrant further research into Insight Enterprises' fundamentals.
Key Numbers
- 1,351,140 — Shares Beneficially Owned (Represents the number of Insight Enterprises Inc. common stock shares held by Dimensional Fund Advisors LP.)
- 45765U103 — CUSIP Number (Unique identifier for Insight Enterprises Inc. common stock.)
- December 29, 2023 — Date of Event (The specific date that triggered the requirement for this filing.)
Key Players & Entities
- Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
- Insight Enterprises Inc (company) — the subject company whose stock is being reported
- 1,351,140 (dollar_amount) — shares beneficially owned by Dimensional Fund Advisors LP
- December 29, 2023 (date) — the date of the event requiring the filing
- Delaware (company) — place of organization for Dimensional Fund Advisors LP
Forward-Looking Statements
- Dimensional Fund Advisors LP will maintain a significant stake in Insight Enterprises Inc. for the foreseeable future. (Dimensional Fund Advisors LP) — medium confidence, target: December 29, 2024
FAQ
Who filed this SC 13G/A amendment?
Dimensional Fund Advisors LP filed this SC 13G/A amendment, as indicated in the 'FILED BY' section and the cover page of the filing.
What is the name of the issuer whose securities are being reported?
The issuer is Insight Enterprises Inc, as stated in the 'Name of Issuer' section on the cover page of the filing.
How many shares of Insight Enterprises Inc. common stock does Dimensional Fund Advisors LP beneficially own?
Dimensional Fund Advisors LP beneficially owns 1,351,140 shares of Insight Enterprises Inc. common stock, as reported under '5. SOLE VOTING POWER' on the cover page.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023, as specified on the cover page.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the checked box on the cover page of the filing.
Filing Stats: 1,223 words · 5 min read · ~4 pages · Grade level 9.1 · Accepted 2024-02-09 09:59:01
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 17KB
- 0000354204-24-002992.txt ( ) — 19KB
From the Filing
SC 13G/A 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. 17 ) * Insight Enterprises Inc (Name of Issuer) Common Stock (Title of Class of Securities) 45765U103 (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. 45765U103 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 1,351,140 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,389,842 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,389,842 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Insight Enterprises Inc (b) Address of Issuer's Principal Executive Offices 6820 South Harl Avenue, Tempe, AZ 85283 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number 45765U103 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: 1,389,842 ** see Note 1 ** (b) Percent of Class: 4.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 1,351,140 ** see Note 1 ** (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 1,389,842 ** see Note 1 ** (iv) shared power to dispose or to direct the disposition of 0 ** Note 1 ** Dimensional Fund Advisors LP, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts (such investment companies, trusts and accounts, collectively referred to as the "Funds"). In certain cases, subsidiaries of Dimensional Fund Advisors LP may act as an adviser or sub-adviser to certain Funds. In its role as investment advisor, sub-adviser and/or manager, Dimensional Fund Advisors LP or its subsidiaries (collectively, "Dimensional") may possess voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the bene