Baillie Gifford Amends Trade Desk (TTD) Stake on Dec 29
Ticker: TTD · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, trade-desk
Related Tickers: TTD
TL;DR
**Baillie Gifford updated their TTD stake, watch for ownership percentage details.**
AI Summary
Baillie Gifford & Co, a prominent investment management firm, filed an amended SC 13G/A on January 26, 2024, for their holdings in The Trade Desk, Inc. (TTD). This filing, Amendment No. 5, indicates a change in their beneficial ownership as of December 29, 2023. While the specific percentage change isn't detailed in the provided text, an amendment typically signifies an increase or decrease in their stake, which can influence investor sentiment and potentially impact the stock price of The Trade Desk.
Why It Matters
Changes in ownership by large institutional investors like Baillie Gifford can signal their confidence (or lack thereof) in a company's future prospects, potentially influencing other investors' decisions and the stock's performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership changes and does not inherently present a high risk to investors.
Analyst Insight
Investors should look for the full SC 13G/A filing to determine the exact change in Baillie Gifford's ownership percentage of The Trade Desk, Inc. to assess the magnitude of their updated position and its potential implications for TTD's stock.
Key Players & Entities
- Baillie Gifford & Co (company) — the reporting person and investment management firm
- The Trade Desk, Inc. (company) — the subject company (issuer) of the securities
- 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 No. 5 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No.5)' sections.
Who is the reporting person in this filing?
The reporting person is BAILLIE GIFFORD & CO, as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAILLIE GIFFORD & CO' section.
What is the subject company (issuer) of the securities mentioned in this filing?
The subject company, or issuer, is THE TRADE DESK, INC., as stated in the 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Trade Desk, Inc.' and 'THE TRADE DESK, INC. (Amendment No.5)' sections.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 29, 2023, as explicitly stated in the filing under '(Date of Event Which Requires Filing of this Statement) 29 December 2023'.
What is the CUSIP number for the class of securities involved?
The CUSIP number for the Class A Common Stock of The Trade Desk, Inc. is 88339J105, as listed under '(CUSIP Number) 88339J105'.
From the Filing
EDGAR Filing Documents for 0001088875-24-000022 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001088875-24-000022 Filing Date 2024-01-26 Accepted 2024-01-26 08:27:37 Documents 1 Document Format Files Seq Description Document Type Size 1 thetradedesk29122023.txt SC 13G/A 9705 Complete submission text file 0001088875-24-000022.txt 11255 Mailing Address CALTON SQUARE 1 GREENSIDE ROW EDINBURGH X0 EH13AN Business Address CALTON SQUARE 1 GREENSIDE ROW EDINBURGH X0 EH13AN 00441312752000 BAILLIE GIFFORD & CO (Filed by) CIK : 0001088875 (see all company filings) EIN. : 000000000 | State of Incorp.: X0 Type: SC 13G/A Mailing Address 42 N. CHESTNUT STREET VENTURA CA 93001 Business Address 42 N. CHESTNUT STREET VENTURA CA 93001 (805) 585-3434 Trade Desk, Inc. (Subject) CIK : 0001671933 (see all company filings) EIN. : 271887399 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-89645 | Film No.: 24564281 SIC : 7370 Services-Computer Programming, Data Processing, Etc. (CF Office: 06 Technology)