Wellington Management Amends Skyline Champion Stake
Ticker: SKY · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 90896
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, investor-update
TL;DR
**Wellington Management Group just updated their stake in Skyline Champion, signaling a change in their significant holding.**
AI Summary
Wellington Management Group LLP, a major investment firm, filed an amended SC 13G/A on February 8, 2024, indicating a change in their ownership stake in Skyline Champion Corp (NYSE: SKY). This filing, dated for the event on December 29, 2023, is an update to their previous disclosures. While the specific percentage change isn't detailed in the provided text, it signals that Wellington Management continues to be a significant institutional holder, which can influence stock stability and investor confidence for current and prospective shareholders.
Why It Matters
Institutional ownership changes can signal shifts in confidence from major investors, potentially impacting stock price and liquidity for Skyline Champion Corp.
Risk Assessment
Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate a high-risk event for the company.
Analyst Insight
Investors should monitor future filings from Wellington Management Group LLP for Skyline Champion Corp to track their evolving position, as significant changes could signal a shift in institutional sentiment.
Key Players & Entities
- Wellington Management Group LLP (company) — the reporting person filing the SC 13G/A
- Skyline Champion Corp (company) — the subject company whose securities are being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the date the SC 13G/A was filed
- 830830105 (number) — the CUSIP number for Skyline Champion Corp's Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Wellington Management Group LLP, located at 280 Congress Street, Boston, MA 02210.
What is the subject company of this filing?
The subject company is Skyline Champion Corporation, with the CUSIP Number 830830105, and its business address is 755 W Big Beaver Road, Suite 1000, Troy, MI 48084.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'X' in the appropriate box.
Filing Stats: 1,960 words · 8 min read · ~7 pages · Grade level 9.9 · Accepted 2024-02-08 10:22:53
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 35KB
- 0000902219-24-000205.txt ( ) — 37KB
From the Filing
SC 13G/A 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. 7 ) * Skyline Champion Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 830830105 (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. 830830105 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 6,875,778 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,047,679 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,047,679 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.97% 12. TYPE OF REPORTING PERSON HC CUSIP No. 830830105 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 6,875,778 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,047,679 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,047,679 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.97% 12. TYPE OF REPORTING PERSON HC CUSIP No. 830830105 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 6,875,778 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 8,047,679 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,047,679 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.97% 12. TYPE OF REPORTING PERSON HC CUSIP No. 830830105 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 6,852,336 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 7,449,206 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,449,206 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.93% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Skyline Champion Corporation (b) Address of Issuer's Principal Executive Offices Elkhart, IN 46515 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 830830105 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) [ ] Insurance Company as defined in Section 3(a)(