Southeastern Asset Management Amends Oscar Health Stake
Ticker: OSCR · Form: SC 13G/A · Filed: Jan 10, 2024 · CIK: 1568651
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, healthcare, form-13g
TL;DR
**Southeastern Asset Management updated their Oscar Health stake as of Dec 31, 2023.**
AI Summary
Southeastern Asset Management Inc./TN/ filed an amended SC 13G/A on January 10, 2024, indicating its ownership of Oscar Health, Inc. Class A Common Stock as of December 31, 2023. This filing is an amendment (Amendment No. 2) to a previous disclosure, suggesting a change in their beneficial ownership. This matters to investors because it provides transparency into a significant institutional investor's stake in Oscar Health, potentially signaling their long-term conviction or a shift in their investment strategy.
Why It Matters
This filing updates the public on a major institutional investor's position in Oscar Health, which can influence market perception and investor confidence.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership, not indicating any immediate financial risk or significant operational change.
Analyst Insight
Investors should note that Southeastern Asset Management Inc./TN/ continues to hold a significant stake in Oscar Health, Inc. as of December 31, 2023. While the exact change in their holding isn't detailed in this excerpt, the amendment suggests a re-evaluation or adjustment of their position. Smart investors would look for the full filing to understand the percentage of ownership and any changes from previous disclosures to gauge institutional confidence.
Key Players & Entities
- Southeastern Asset Management Inc./TN/ (company) — the entity filing the SC 13G/A amendment
- Oscar Health, Inc. (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- January 10, 2024 (date) — the filing date of the SC 13G/A amendment
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No. 2)*' in the filing.
Who is the subject company of this filing?
The subject company is Oscar Health, Inc., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Oscar Health, Inc.'.
Who filed this SC 13G/A amendment?
The filing was made by Southeastern Asset Management Inc./TN/, as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHEASTERN ASSET MANAGEMENT INC/TN/'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Class A Common Stock of Oscar Health, Inc. is 687793109, as listed under '(CUSIP Number of Class of Securities)'.
What was the 'Date of Event which Requires Filing of this Statement'?
The date of the event which required the filing of this statement was December 31, 2023, as specified in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 10, 2024 regarding Oscar Health, Inc. (OSCR).