Wellington Management Discloses 6.5% Stake in VIAVI Solutions

TL;DR

**Wellington Management Group now owns 6.5% of VIAVI Solutions as of Dec 29, 2023.**

AI Summary

Wellington Management Group LLP, a major investment firm, filed an amended SC 13G/A on February 8, 2024, disclosing its ownership in VIAVI SOLUTIONS INC. As of December 29, 2023, Wellington reported beneficial ownership of 14,834,300 shares of VIAVI's Common Stock, representing 6.5% of the company. This is an update to their previous filing, indicating a change in their holding and providing transparency to investors about significant institutional ownership.

Why It Matters

This filing shows that a large institutional investor, Wellington Management, holds a significant stake in VIAVI, which can signal confidence in the company's future to other investors.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not indicate any immediate financial risk or major operational changes for the company.

Analyst Insight

Investors should note Wellington Management's continued significant stake in VIAVI SOLUTIONS INC., as it suggests institutional confidence. While not a direct buy signal, it's a positive indicator for long-term holders.

Key Numbers

• 14,834,300 — Shares Owned (The total number of VIAVI SOLUTIONS INC. common stock shares beneficially owned by Wellington Management Group LLP.)
• 6.5% — Ownership Percentage (The percentage of VIAVI SOLUTIONS INC. common stock owned by Wellington Management Group LLP, indicating a significant institutional stake.)
• December 29, 2023 — Reporting Date (The specific date as of which the ownership stake was calculated for this filing.)

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and institutional investor
• VIAVI SOLUTIONS INC. (company) — the subject company whose stock is being reported
• 14,834,300 (dollar_amount) — number of shares beneficially owned by Wellington Management Group LLP
• 6.5% (dollar_amount) — percentage of VIAVI SOLUTIONS INC. common stock beneficially owned by Wellington Management Group LLP
• December 29, 2023 (date) — the date of the event which required the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A

Forward-Looking Statements

• Wellington Management Group LLP will likely maintain a significant stake in VIAVI SOLUTIONS INC. for the foreseeable future. (Wellington Management Group LLP) — medium confidence, target: 2025-02-08

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 35KB
• 0000902219-24-000214.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. 2 ) * VIAVI SOLUTIONS INC. (Name of Issuer) Common Stock (Title of Class of Securities) 925550105 (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. 925550105 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 13,533,710 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 16,563,670 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,563,670 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.45% 12. TYPE OF REPORTING PERSON HC CUSIP No. 925550105 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 13,533,710 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 16,563,670 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,563,670 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.45% 12. TYPE OF REPORTING PERSON HC CUSIP No. 925550105 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 13,533,710 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 16,563,670 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,563,670 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.45% 12. TYPE OF REPORTING PERSON HC CUSIP No. 925550105 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 13,533,710 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 15,822,265 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,822,265 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.11% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer VIAVI SOLUTIONS INC. (b) Address of Issuer's Principal Executive Offices 1445 South Spectrum Blvd Suite 102 Chandler, AZ 85286 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 925550105 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 Compa

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