Wellington Management Amends Steven Madden (SHOO) 13G/A Filing
Ticker: SHOO · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 913241
| Field | Detail |
|---|---|
| Company | Steven Madden, Ltd. (SHOO) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
Related Tickers: SHOO
TL;DR
**Wellington Management still holds SHOO, signaling continued institutional interest.**
AI Summary
Wellington Management Group LLP filed an amended SC 13G/A on February 8, 2024, indicating their ownership of Steven Madden, Ltd. (SHOO) Common Stock as of December 29, 2023. This filing updates their previous disclosures, confirming their continued passive investment in the footwear company. For investors, this means a major institutional investor maintains a position, which can signal confidence in the stock, but the specific percentage of ownership or changes from prior filings are not detailed in this excerpt, making it difficult to assess the full impact.
Why It Matters
This filing confirms Wellington Management Group LLP's ongoing passive investment in Steven Madden, Ltd., providing transparency into significant institutional holdings.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating a passive stake with no immediate red flags.
Analyst Insight
Investors should note that a major institutional investor, Wellington Management, continues to hold a stake in Steven Madden, Ltd. This suggests ongoing institutional confidence, but without specific percentage changes, it's primarily a confirmation of existing interest rather than a new catalyst.
Key Players & Entities
- Wellington Management Group LLP (company) — the reporting person and institutional investor
- Steven Madden, Ltd. (company) — the issuer of the common stock
- December 29, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the filing date of the SC 13G/A
- 556269108 (number) — the CUSIP number for Steven Madden, Ltd. Common Stock
Forward-Looking Statements
- Wellington Management Group LLP will maintain a passive investment strategy in Steven Madden, Ltd. for the foreseeable future. (Wellington Management Group LLP) — high confidence, target: December 29, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Wellington Management Group LLP, located at 280 Congress Street, Boston, MA 02210.
What company's stock is the subject of this filing?
The subject company is Steven Madden, Ltd., with its business address at 52-16 Barnett Ave, Long Island City, NY 11104.
What is the CUSIP number for the class of securities mentioned?
The CUSIP number for the Common Stock of Steven Madden, Ltd. is 556269108.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Filing Stats: 1,965 words · 8 min read · ~7 pages · Grade level 9.7 · Accepted 2024-02-08 10:22:53
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 35KB
- 0000902219-24-000189.txt ( ) — 37KB
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. 3 ) * Steven Madden, Ltd. (Name of Issuer) Common Stock (Title of Class of Securities) 556269108 (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. 556269108 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 5,487,082 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 6,198,043 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,198,043 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.31% 12. TYPE OF REPORTING PERSON HC CUSIP No. 556269108 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 5,487,082 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 6,198,043 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,198,043 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.31% 12. TYPE OF REPORTING PERSON HC CUSIP No. 556269108 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 5,487,082 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 6,198,043 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,198,043 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.31% 12. TYPE OF REPORTING PERSON HC CUSIP No. 556269108 1. NAMES OF REPORTING PERSONS Wellington Management Company 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 5,351,834 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,877,758 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,877,758 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.88% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Steven Madden, Ltd. (b) Address of Issuer's Principal Executive Offices 52-16 Barnett Avenue Long Island City, NY 11104 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company 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 Wellington Management Company LLP - Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 556269108 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 Sect