Wellington Management Amends Visteon Corp. Stake Filing

TL;DR

**Wellington Management Group just updated their Visteon stake, showing continued institutional interest.**

AI Summary

Wellington Management Group LLP filed an amended SC 13G/A on February 8, 2024, indicating their ownership of Visteon Corporation's common stock as of December 29, 2023. This filing, an amendment number 3, updates their previous disclosures regarding their beneficial ownership in Visteon, a company specializing in motor vehicle parts and accessories. This matters to investors because it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence.

Why It Matters

This filing shows that a major institutional investor, Wellington Management Group LLP, continues to hold a significant position in Visteon, signaling their ongoing confidence in the company.

Risk Assessment

Risk Level: low — This is a routine update from an institutional investor and does not indicate any immediate negative or positive financial risk.

Analyst Insight

Investors should note that a major institutional investor maintains a position in Visteon, which can be a sign of long-term stability, but should also review the full filing for specific share counts and changes from previous filings to understand the exact nature of the updated stake.

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person filing the SC 13G/A
• VISTEON CORPORATION (company) — the issuer whose common stock is being reported
• December 29, 2023 (date) — the date of the event which requires the filing of this statement
• February 8, 2024 (date) — the filing date of the SC 13G/A
• Massachusetts (company) — place of organization for Wellington Management Group LLP

Forward-Looking Statements

• Wellington Management Group LLP will continue to hold a significant stake in Visteon Corporation. (Wellington Management Group LLP) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000139.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 ) * VISTEON CORPORATION (Name of Issuer) Common Stock (Title of Class of Securities) 92839U206 (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. 92839U206 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 2,561,045 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,942,002 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,942,002 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.58% 12. TYPE OF REPORTING PERSON HC CUSIP No. 92839U206 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 2,561,045 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,942,002 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,942,002 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.58% 12. TYPE OF REPORTING PERSON HC CUSIP No. 92839U206 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 2,561,045 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,942,002 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,942,002 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.58% 12. TYPE OF REPORTING PERSON HC CUSIP No. 92839U206 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 2,391,945 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,717,928 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,717,928 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.77% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer VISTEON CORPORATION (b) Address of Issuer's Principal Executive Offices One Village Center Drive Van Buren Township, MI 48111 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 92839U206 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 define

View Full Filing

View this SC 13G/A filing on SEC EDGAR