Senvest Management Updates Passive Stake in Marriott Vacations Worldwide

TL;DR

**Senvest Management still holds MVW shares, signaling continued institutional interest.**

AI Summary

Senvest Management, LLC, an investment firm, filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Marriott Vacations Worldwide Corporation (MVW) common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, updates their passive investment position in MVW. This matters to investors because it provides transparency into institutional ownership, showing that a significant investment firm continues to hold a position in MVW, which can be seen as a vote of confidence or at least continued interest in the company's prospects.

Why It Matters

This filing confirms Senvest Management's continued, albeit passive, investment in Marriott Vacations Worldwide, offering insight into institutional sentiment for the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a passive investor, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note Senvest Management's continued passive stake in MVW, but recognize this filing doesn't signal any active changes or new strategic moves, merely an update to their existing position.

Key Players & Entities

• Senvest Management, LLC (company) — the reporting person filing the SC 13G/A
• Marriott Vacations Worldwide Corporation (company) — the issuer of the securities being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 26, 2024 (date) — the filing date of the SC 13G/A
• 57164Y107 (other) — the CUSIP number for Marriott Vacations Worldwide Corporation common stock

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• p24-0319sc13ga.htm (SC 13G/A) — 55KB
• 0000902664-24-000714.txt ( ) — 57KB

(a)

Item 1(a). Name of Issuer. Marriott Vacations Worldwide Corporation (the " Issuer ")

(b)

Item 1(b). Address of Issuer's Principal Executive Offices. 7812 Palm Parkway, Orlando, FL 32836

(a)

Item 2(a). Name of Person Filing. This statement is filed by Senvest Management, LLC and Richard Mashaal. The reported securities are held in the account of Senvest Master Fund, LP (the " Investment Vehicle "). Senvest Management, LLC may be deemed to beneficially own the securities held by the Investment Vehicle by virtue of Senvest Management, LLC's position as investment manager of the Investment Vehicle. Mr. Mashaal may be deemed to beneficially own the securities held by the Investment Vehicle by virtue of Mr. Mashaal's status as the managing member of Senvest Management, LLC. None of the foregoing should be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of the securities reported herein.

(b)

Item 2(b). Address of Principal Business Office. Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022 Richard Mashaal c/o Senvest Management, LLC 540 Madison Avenue, 32 nd Floor New York, New York 10022

(c)

Item 2(c). Place of Organization. Senvest Management, LLC – Delaware Richard Mashaal – Canada

(d)

Item 2(d). Title of Class of Securities. Common Stock, par value $0.01 per share

(e)

Item 2(e). CUSIP Number. 57164Y107 Item 3. If this Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-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 defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:__________________________________ Item 4. The information required by Items 4(a) – (c) is set forth in Rows (5) – (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The percentages set forth in this Schedule 13G/A are calculated based upon an aggregate of 35,517,203 shares of Common Stock outstanding as of October 30, 2023, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 filed with the Securities and Exchange Commission on Novembe

View Full Filing

View this SC 13G/A filing on SEC EDGAR