Vanguard Trims WisdomTree Stake to 6.2% as of Dec 29, 2023

TL;DR

**Vanguard cut its WisdomTree stake to 6.2%, watch for market reaction.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended Schedule 13G/A on February 13, 2024, indicating a change in its ownership of WisdomTree Inc. common stock. As of December 29, 2023, Vanguard reported beneficial ownership of 10,240,000 shares, representing 6.2% of WisdomTree's outstanding common stock. This is a decrease from their previous filing, which is important for investors as it shows a large institutional investor has reduced its stake, potentially signaling a shift in their outlook on WisdomTree's future performance.

Why It Matters

A reduction in ownership by a major institutional investor like Vanguard can influence market sentiment and potentially impact WisdomTree's stock price, as it suggests a large holder is re-evaluating its position.

Risk Assessment

Risk Level: medium — A decrease in institutional ownership can sometimes precede negative stock performance, though it's not a definitive indicator.

Analyst Insight

Investors should monitor WisdomTree's stock performance and look for further institutional ownership changes. While Vanguard's reduction isn't a definitive sell signal, it warrants deeper investigation into WisdomTree's fundamentals and any recent news that might explain the shift.

Key Numbers

• 10,240,000 — Shares Beneficially Owned (Represents Vanguard's total ownership in WisdomTree Inc. as of December 29, 2023.)
• 6.2% — Percentage of Class (Indicates Vanguard's reduced stake in WisdomTree Inc., showing a significant institutional investor's position.)
• 9 — Amendment Number (This is the 9th amendment to Vanguard's Schedule 13G filing for WisdomTree, indicating ongoing adjustments to their position.)

Key Players & Entities

• The Vanguard Group (company) — reporting person, institutional investor
• WisdomTree Inc. (company) — issuer of the securities
• 10,240,000 shares (dollar_amount) — number of shares beneficially owned by Vanguard
• 6.2% (dollar_amount) — percentage of WisdomTree's common stock owned by Vanguard
• December 29, 2023 (date) — date of the event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

Forward-Looking Statements

• WisdomTree's stock price may experience short-term volatility due to the reported decrease in institutional ownership. (WisdomTree Inc.) — medium confidence, target: Q1 2024
• Other institutional investors might re-evaluate their positions in WisdomTree following Vanguard's reduction. (Institutional Investors) — low confidence, target: Q2 2024

FAQ

Filing Documents

• tv02292-wisdomtreeinc.htm (SC 13G/A) — 11KB
• 0001104659-24-022316.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: WisdomTree Inc

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 250 West 34th Street, 3rd floor New York, NY 10119

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 97717P104

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G/A filing on SEC EDGAR