Wellington Mgmt Amends Silicom Ltd. Stake, Passive Investment

TL;DR

**Wellington Management Group just updated their Silicom Ltd. stake, signaling a change in their passive investment.**

AI Summary

Wellington Management Group LLP, a Massachusetts-based investment adviser, filed an amended Schedule 13G/A on February 8, 2024, indicating a change in its beneficial ownership of Silicom Ltd. (NASDAQ: SILC) Ordinary Shares as of December 29, 2023. This filing, Amendment No. 7, updates their previous disclosures regarding their passive investment in the computer communications equipment company. This matters to investors because it signals a potential shift in a major institutional investor's position, which could influence market sentiment or future trading activity for Silicom Ltd.

Why It Matters

This filing shows an institutional investor's updated position in Silicom Ltd., which can influence market perception and potentially impact the stock's trading volume or price.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, indicating a passive stake, which typically carries low immediate risk.

Analyst Insight

Investors should monitor future 13G/A filings from Wellington Management Group LLP to track any further changes in their ownership percentage, as significant shifts could signal a change in their investment thesis for Silicom Ltd.

Key Players & Entities

• Wellington Management Group LLP (company) — reporting person and investment adviser
• Silicom Ltd. (company) — subject company (issuer) of the securities
• Massachusetts (company) — place of organization for Wellington Management Group LLP
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Wellington Management Group LLP will continue to hold a significant, but passive, stake in Silicom Ltd. for the foreseeable future. (Wellington Management Group LLP) — high confidence, target: December 29, 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 34KB
• 0000902219-24-000026.txt ( ) — 36KB

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. 7 ) * Silicom Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) M84116108 (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. M84116108 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 490,747 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 507,178 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 507,178 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.51% 12. TYPE OF REPORTING PERSON HC CUSIP No. M84116108 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 490,747 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 507,178 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 507,178 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.51% 12. TYPE OF REPORTING PERSON HC CUSIP No. M84116108 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 490,747 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 507,178 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 507,178 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.51% 12. TYPE OF REPORTING PERSON HC CUSIP No. M84116108 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 481,081 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 497,512 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 497,512 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.36% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Silicom Ltd. (b) Address of Issuer's Principal Executive Offices 14 Atir Yeda Street Kfar-Sava, L3 4464323 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 Ordinary Shares (e) CUSIP Number M84116108 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

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View this SC 13G/A filing on SEC EDGAR