Baillie Gifford Amends Wayfair Stake (W) as of Dec 29, 2023

Ticker: W · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, equity-holdings

TL;DR

**Baillie Gifford updated their Wayfair (W) stake, signaling a shift in institutional interest.**

AI Summary

Baillie Gifford & Co, a Scottish investment firm, filed an amended SC 13G/A on January 26, 2024, for their holdings in Wayfair Inc. (W). This filing, Amendment No. 5, indicates a change in their beneficial ownership of Wayfair's Class A Common Stock as of December 29, 2023. While the exact percentage change isn't detailed in the provided text, such an amendment typically signals an increase or decrease in a significant institutional investor's stake, which can influence market perception and stock price.

Why It Matters

Changes in large institutional holdings like Baillie Gifford's can signal confidence or concern in Wayfair's future, potentially impacting its stock price and investor sentiment.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently present a direct risk to the company or its investors.

Analyst Insight

An investor should monitor subsequent filings or news from Baillie Gifford & Co to understand the magnitude of their stake change in Wayfair Inc. and assess if it aligns with their own investment thesis.

Key Numbers

94419L101 — CUSIP Number (identifies Wayfair Inc.'s Class A Common Stock)
0001088875-24-000024 — Accession Number (unique identifier for this specific SEC filing)
Amendment no.5 — Amendment Number (indicates this is the fifth amendment to Baillie Gifford's Schedule 13G for Wayfair)

Key Players & Entities

Baillie Gifford & Co (company) — the reporting person and investment firm
Wayfair Inc. (company) — the subject company whose securities are being reported
Class A Common Stock (security_type) — the type of shares held by Baillie Gifford & Co
December 29, 2023 (date) — the date of the event requiring the filing
January 26, 2024 (date) — the filing date of the SC 13G/A amendment

Forward-Looking Statements

Wayfair's stock price may see short-term volatility as investors react to the implied change in institutional ownership. (Wayfair Inc.) — medium confidence, target: 1-2 weeks
Baillie Gifford & Co will continue to be a significant institutional holder of Wayfair stock. (Baillie Gifford & Co) — high confidence, target: 6-12 months

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is Baillie Gifford & Co, identified as a Scottish investment firm.

What is the subject company of this filing?

The subject company is Wayfair Inc., with the Central Index Key (CIK) 0001616707.

What is the specific date of the event that required this filing?

The date of the event which required this filing is December 29, 2023.

What class of securities is being reported in this filing?

The class of securities being reported is Wayfair Inc.'s Class A Common Stock, identified by CUSIP Number 94419L101.

From the Filing

0001088875-24-000024.txt : 20240126 0001088875-24-000024.hdr.sgml : 20240126 20240126084131 ACCESSION NUMBER: 0001088875-24-000024 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wayfair Inc. CENTRAL INDEX KEY: 0001616707 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 364791999 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88346 FILM NUMBER: 24564310 BUSINESS ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617 532 6100 MAIL ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAILLIE GIFFORD & CO CENTRAL INDEX KEY: 0001088875 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN BUSINESS PHONE: 00441312752000 MAIL ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN SC 13G/A 1 Wayfairinc29122023.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Wayfair Inc. (Amendment no.5) ----------------------------------------------------------------------- (Name of Issuer) Class A Common Stock ----------------------------------------------------------------------- (Title of Class of Securities) 94419L101 ----------------------------------------------------------------------- (CUSIP Number) 29 December 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 persons 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). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No. 94419L101 _______________________________________________________________________ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Baillie Gifford & Co (Scottish partnership) _______________________________________________________________________ 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 SCOTLAND UK _______________________________________________________________________ Number of 5. Sole Voting Power 6,972,170 Shares Bene ______________________________________________________ ficially by 6. Shared Voting Power 0 Owned by Each ______________________________________________________ Reporting 7. Sole Dispositive Power 7,428,995 Person With: ______________________________________________________ 8. Shared Dispositive Power 0 ______________________________________________________________