APG Asset Management Amends Allegion plc Stake (SC 13G/A)

Ticker: ALLE · Form: SC 13G/A · Filed: 2024-02-07T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, form-13g, ownership-change

TL;DR

**APG Asset Management US Inc. updated its Allegion plc ownership, filed Feb 7, 2024.**

AI Summary

APG Asset Management US Inc. filed an amended SC 13G/A on February 7, 2024, indicating a change in their ownership of Allegion plc's common stock as of December 31, 2023. This filing, Amendment No. 4, updates their previous disclosures regarding their beneficial ownership in Allegion plc, a company specializing in detective, guard, and armored car services. This matters to investors because it provides transparency into institutional ownership changes, which can sometimes signal shifts in confidence or investment strategy from major holders.

Why It Matters

This filing updates the public on a significant institutional investor's stake in Allegion plc, offering insight into their current position and potential influence.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor and does not inherently signal high risk for the stock.

Analyst Insight

Investors should note that APG Asset Management US Inc. has updated its position in Allegion plc. While this filing doesn't disclose the specific change in share count or percentage, it signals an ongoing institutional interest. Smart investors might look for the full details of the ownership change within the complete filing to assess the implications for Allegion plc's stock.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 4, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is APG Asset Management US Inc., with a Central Index Key (CIK) of 0001323255, incorporated in Delaware.

What is the subject company whose securities are being reported?

The subject company is Allegion plc, with a Central Index Key (CIK) of 0001579241, and its common stock has a CUSIP number of G0176J109.

What was the date of the event that required this filing?

The date of the event which required the filing of this statement was December 31, 2023.

What is the business address of Allegion plc?

Allegion plc's business address is BLOCK D IVEAGH COURT, HARCOURT ROAD, DUBLIN 2, L2 00000, with a business phone of (317) 810-3700.

From the Filing

0001493152-24-005287.txt : 20240207 0001493152-24-005287.hdr.sgml : 20240207 20240207172345 ACCESSION NUMBER: 0001493152-24-005287 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Allegion plc CENTRAL INDEX KEY: 0001579241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 981108930 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87751 FILM NUMBER: 24605901 BUSINESS ADDRESS: STREET 1: BLOCK D IVEAGH COURT STREET 2: HARCOURT ROAD CITY: DUBLIN 2 STATE: L2 ZIP: 00000 BUSINESS PHONE: (317) 810-3700 MAIL ADDRESS: STREET 1: C/O SCHLAGE LOCK COMPANY, LLC STREET 2: 11819 N. PENNSYLVANIA STREET CITY: CARMEL STATE: IN ZIP: 46032 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APG Asset Management US Inc. CENTRAL INDEX KEY: 0001323255 ORGANIZATION NAME: IRS NUMBER: 061285941 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 666 THIRD AVENUE STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: (917) 368-3500 MAIL ADDRESS: STREET 1: 666 THIRD AVENUE STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: APG Investments US Inc. DATE OF NAME CHANGE: 20080509 FORMER COMPANY: FORMER CONFORMED NAME: ABP Investments US, Inc. DATE OF NAME CHANGE: 20050407 SC 13G/A 1 form13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* Allegion plc (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securities) G0176J109 (CUSIP Number) December 31, 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: ☒ 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 person’s 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). CUSIP No. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management US Inc. 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 Delaware, United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 5,788,143* 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 5,788,143* 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,788,143* 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ☐ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.5% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO, IA * Based on 87,787,566 Common Shares outstanding as of October 26, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended September 30, 2023, filed with the Securities and Exchange Commission on October 31, 2023. CUSIP No. G0176J109 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) APG Asset Management, N.V. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ☐ (b) ☒ 3. SEC USE ONLY 4. CITIZENSHIP O

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