APG Asset Management Amends WD-40 Co. Stake on Dec 31, 2023

TL;DR

**APG Asset Management updated its WD-40 Co. holdings, signaling a potential shift in institutional sentiment.**

AI Summary

APG Asset Management US Inc. has filed an amended Schedule 13G/A for WD-40 Company, indicating a change in their beneficial ownership as of December 31, 2023. This filing, an amendment number 5, updates their previous disclosures regarding their holdings of WD-40's Common Stock. This matters to investors because it provides transparency into institutional ownership changes, which can sometimes signal a shift in a large investor's confidence in the company's future prospects.

Why It Matters

Changes in institutional ownership can influence stock price and reflect a major investor's updated view on the company's valuation or future performance.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate significant risk to the company or its stock.

Analyst Insight

An investor should monitor subsequent filings to see if APG Asset Management US Inc. significantly increases or decreases its stake, as this could signal a stronger conviction (positive or negative) about WD-40 Company's future.

Key Players & Entities

• APG Asset Management US Inc. (company) — the entity filing the SC 13G/A, reporting beneficial ownership
• WD-40 Company (company) — the issuer whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing of this statement
• Delaware (company) — place of organization for APG Asset Management US Inc.

FAQ

Key Financial Figures

• $0.001 — pany (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• formsc13ga.htm (SC 13G/A) — 151KB
• ex1.htm (EX-1) — 7KB
• 0001493152-24-005297.txt ( ) — 160KB

From the Filing

SC 13G/A 1 formsc13ga.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* WD-40 Company (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 929236107 (CUSIP Number) December 31, 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: 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 (“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. 929236107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management US Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,752,234* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,752,234* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,752,234* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.9% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO, IA * Based on 13,556,684 Common Shares outstanding as of October 16, 2023, as reported in the Issuer’s Report on Form 8-K for the period ended August 31, 2023, filed with the Securities and Exchange Commission on October 23, 2023. CUSIP No. 929236107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,752,234* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,752,234* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,752,234* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.9% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 13,556,684 Common Shares outstanding as of October 16, 2023, as reported in the Issuer’s Report on Form 8-K for the period ended August 31, 2023, filed with the Securities and Exchange Commission on October 23, 2023. CUSIP No. 929236107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Groep, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,752,234* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,752,234* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,752,234* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.9% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * Based on 13,556,684 Common Shares outstanding as of October 16, 2023, as reported in the Issuer’s Report on Form 8-K for the period ended August 31, 2023, filed with the Securities and Exchange Commission on October 23, 2023. CUSIP No. 929236107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stichting Pensioenfonds ABP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of the Netherlands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,752,234* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,752,234* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,752,234*

View Full Filing

View this SC 13G/A filing on SEC EDGAR