Wellington Management Discloses Passive Stake in American Electric Power

TL;DR

**Wellington Management just revealed a big, passive stake in AEP.**

AI Summary

Wellington Management Group LLP, a major investment firm, reported on February 8, 2024, that it holds a significant stake in American Electric Power Company, Inc. (AEP) as of December 29, 2023. This filing indicates that Wellington is a passive investor, meaning they don't intend to influence AEP's management. For AEP shareholders, this signals that a large, reputable institution sees value in the company, potentially providing a vote of confidence, but also means a large block of shares is held by an entity that isn't actively pushing for strategic changes.

Why It Matters

This filing shows that a major institutional investor, Wellington Management Group LLP, holds a significant position in American Electric Power, which can be seen as a vote of confidence in the company's stability and future prospects.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large institution, which generally doesn't pose a direct risk to the company or its shareholders.

Analyst Insight

An investor might view this as a positive signal of institutional confidence in American Electric Power, but should not expect any immediate strategic changes or activist pressure from Wellington Management Group LLP given their passive filing.

Key Players & Entities

• Wellington Management Group LLP (company) — the reporting person and institutional investor
• American Electric Power Company, Inc. (company) — the subject company in which shares are held
• December 29, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G

Forward-Looking Statements

• Wellington Management Group LLP will maintain its passive investment stance in American Electric Power Company, Inc. (Wellington Management Group LLP) — high confidence, target: Next 12 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 35KB
• 0000902219-24-000149.txt ( ) — 37KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * American Electric Power Company, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 025537101 (CUSIP Number) December 29, 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 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 (the "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. 025537101 1. NAMES OF REPORTING PERSONS Wellington Management Group LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 27,989,589 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 28,431,544 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,431,544 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.52% 12. TYPE OF REPORTING PERSON HC CUSIP No. 025537101 1. NAMES OF REPORTING PERSONS Wellington Group Holdings LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 27,989,589 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 28,431,544 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,431,544 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.52% 12. TYPE OF REPORTING PERSON HC CUSIP No. 025537101 1. NAMES OF REPORTING PERSONS Wellington Investment Advisors Holdings LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 27,989,589 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 28,431,544 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,431,544 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.52% 12. TYPE OF REPORTING PERSON HC CUSIP No. 025537101 1. NAMES OF REPORTING PERSONS Wellington Management Company LLP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 27,830,802 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 28,004,495 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,004,495 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.44% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer American Electric Power Company, Inc. (b) Address of Issuer's Principal Executive Offices 1 Riverside Plaza Columbus, OH 43215 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings LLP Wellington Management Company LLP (b) Address of Principal Business Office or, if None, Residence c/o Wellington Management Company LLP 280 Congress Street Boston, MA 02210 (c) Citizenship Wellington Management Group LLP - Massachusetts Wellington Group Holdings LLP - Delaware Wellington Investment Advisors Holdings LLP - Delaware Wellington Management Company LLP - Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 025537101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 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) [ ] I