MFS Boosts QIAGEN Stake to 20.45M Shares, Signals Confidence

TL;DR

**MFS just updated their QIAGEN stake to over 20 million shares, showing strong conviction.**

AI Summary

Massachusetts Financial Services Company (MFS) filed an amended SC 13G/A on February 9, 2024, disclosing its beneficial ownership in QIAGEN N.V. (QGEN) as of December 29, 2023. MFS now holds sole voting power over 20,451,464 shares of QIAGEN's Common Stock, representing a significant stake in the biological products company. This update is important for investors as it shows a major institutional investor's continued, substantial position in QIAGEN, indicating their long-term confidence in the company's prospects.

Why It Matters

This filing shows a major institutional investor, MFS, maintains a significant position in QIAGEN, which can be seen as a vote of confidence in the company's future performance and stability.

Risk Assessment

Risk Level: low — This filing indicates a large institutional investor's continued significant holding, which generally reduces perceived risk due to their due diligence.

Analyst Insight

Investors should note that a major institutional investor like MFS maintaining a substantial position in QIAGEN N.V. suggests a positive long-term outlook. This could be a signal to research QIAGEN further for potential investment, considering the confidence shown by MFS.

Key Numbers

• 20,451,464 — Shares with Sole Voting Power (Represents the number of QIAGEN N.V. shares Massachusetts Financial Services Company can vote.)

Key Players & Entities

• Massachusetts Financial Services Company (company) — the reporting person and institutional investor
• QIAGEN N.V. (company) — the subject company whose shares are being reported
• 20,451,464 (dollar_amount) — number of shares beneficially owned with sole voting power by MFS
• December 29, 2023 (date) — the date of the event requiring the filing
• February 9, 2024 (date) — the filing date of the SC 13G/A amendment

Forward-Looking Statements

• Massachusetts Financial Services Company will maintain a significant stake in QIAGEN N.V. for the foreseeable future. (Massachusetts Financial Services Company) — high confidence, target: December 29, 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 15KB
• 0000912938-24-000212.txt ( ) — 17KB

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. 6 ) * QIAGEN N.V. (Name of Issuer) Common Stock (Title of Class of Securities) N72482123 (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. N72482123 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Massachusetts Financial Services Company ("MFS") 04-2747644 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (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 20,451,464 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 24,066,569 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,066,569 shares of Common Stock consisting of shares beneficially owned by MFS and/or certain other non-reporting entities 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES Not Applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.5% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer QIAGEN N.V. (b) Address of Issuer's Principal Executive Offices Hulsterweg 82, Venlo 5912 PL, Netherlands Item 2. (a) Name of Person Filing Massachusetts Financial Services Company (b) Address of Principal Business Office or, if None, Residence 111 Huntington Avenue, Boston, MA 02199 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number N72482123 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: 24,066,569 shares of Common Stock consisting of shares beneficially owned by MFS and/or certain other non-reporting entities (b) Percent of Class: 10.5% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 20,451,464 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 24,066,569 (iv) shared power to dispose or to direct the disposition of 0 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 more than five percent of the class of securities, check the following: [ ] Item 6. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the

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