Baillie Gifford Amends Trade Desk (TTD) Stake on Dec 29
Ticker: TTD · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1671933
| Field | Detail |
|---|---|
| Company | Trade Desk, Inc. (TTD) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, trade-desk
Related Tickers: TTD
TL;DR
**Baillie Gifford updated their TTD stake, watch for ownership percentage details.**
AI Summary
Baillie Gifford & Co, a prominent investment management firm, filed an amended SC 13G/A on January 26, 2024, for their holdings in The Trade Desk, Inc. (TTD). This filing, Amendment No. 5, indicates a change in their beneficial ownership as of December 29, 2023. While the specific percentage change isn't detailed in the provided text, an amendment typically signifies an increase or decrease in their stake, which can influence investor sentiment and potentially impact the stock price of The Trade Desk.
Why It Matters
Changes in ownership by large institutional investors like Baillie Gifford can signal their confidence (or lack thereof) in a company's future prospects, potentially influencing other investors' decisions and the stock's performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently present a high risk to investors.
Analyst Insight
Investors should look for the full SC 13G/A filing to determine the exact change in Baillie Gifford's ownership percentage of The Trade Desk, Inc. to assess the magnitude of their updated position and its potential implications for TTD's stock.
Key Players & Entities
- Baillie Gifford & Co (company) — the reporting person and investment management firm
- The Trade Desk, Inc. (company) — the subject company (issuer) of the securities
- December 29, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 5 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No.5)' sections.
Who is the reporting person in this filing?
The reporting person is BAILLIE GIFFORD & CO, as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAILLIE GIFFORD & CO' section.
What is the subject company (issuer) of the securities mentioned in this filing?
The subject company, or issuer, is THE TRADE DESK, INC., as stated in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Trade Desk, Inc.' and 'THE TRADE DESK, INC. (Amendment No.5)' sections.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 29, 2023, as explicitly stated in the filing under '(Date of Event Which Requires Filing of this Statement) 29 December 2023'.
What is the CUSIP number for the class of securities involved?
The CUSIP number for the Class A Common Stock of The Trade Desk, Inc. is 88339J105, as listed under '(CUSIP Number) 88339J105'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding Trade Desk, Inc. (TTD).