Jennison Associates Amends Mobileye Global Stake on Dec 31, 2023

TL;DR

**Jennison Associates updated their Mobileye stake, showing continued institutional interest.**

AI Summary

Jennison Associates LLC, a New York-based investment advisor, filed an amended Schedule 13G/A on February 8, 2024, indicating a change in its ownership of Mobileye Global Inc. Class A Common Stock as of December 31, 2023. This filing updates their previous disclosure, showing their continued passive investment in the autonomous driving technology company. This matters to investors as it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence.

Why It Matters

This filing shows that a major institutional investor, Jennison Associates LLC, continues to hold a significant, albeit passively managed, stake in Mobileye Global Inc., signaling their ongoing confidence in the company.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate significant risk or change in company control.

Analyst Insight

Investors should note that Jennison Associates LLC maintains a passive stake in Mobileye Global Inc. This filing is an update, not a new position, suggesting stability in this institutional holding. No immediate action is required based solely on this administrative update.

Key Players & Entities

• Jennison Associates LLC (company) — the reporting person and institutional investor
• Mobileye Global Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A
• Delaware (company) — state of organization for Jennison Associates LLC

FAQ

From the Filing

0000053417-24-000006.txt : 20240208 0000053417-24-000006.hdr.sgml : 20240208 20240208124304 ACCESSION NUMBER: 0000053417-24-000006 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Mobileye Global Inc. CENTRAL INDEX KEY: 0001910139 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-93811 FILM NUMBER: 24607952 BUSINESS ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 BUSINESS PHONE: 972 2 541 7333 MAIL ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Holdings Inc. DATE OF NAME CHANGE: 20220224 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Group Inc. DATE OF NAME CHANGE: 20220209 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JENNISON ASSOCIATES LLC CENTRAL INDEX KEY: 0000053417 ORGANIZATION NAME: IRS NUMBER: 132631108 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124211000 MAIL ADDRESS: STREET 1: 466 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: JENNISON ASSOCIATES CAPITAL CORP DATE OF NAME CHANGE: 19940511 SC 13G/A 1 MBLY1223.txt Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* 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: (X) Rule 13d-1(b) ( ) Rule 13d-1(c) ( ) Rule 13d-1(d) Name of Issuer: Mobileye Global Inc. Title of Class of Securities: Class A Common Stock CUSIP Number: 60741F104 *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 Number: 60741F104 1. Name of Reporting Person: Jennison Associates LLC S.S. or I.R.S. Identification No. of Above Person: IRS Identification #52-2069785 (formerly 13-2631108) 2. Check the Appropriate Box if a Member of a Group: Not Applicable 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: 13,316,231 shares 6. Shared Voting Power: 0 shares 7. Sole Dispositive Power: 0 shares 8. Shared Dispositive Power: 14,011,315 shares 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 14,011,315 shares 10. Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares: ( ) 11. Percent of Class Represented by Amount in Row 9: 14.8% 12. Type of Reporting Person*: IA Item 1(a) Name of Issuer: Mobileye Global Inc. Item 1(b) Address of Issuer's Principal Executive Offices: c/o Mobileye B.V. Har Hotzvim, 13 Hartom Street P.O. Box 45157 Jerusalem 9777513, Israel Item 2(a) Name of Person Filing: Jennison Associates LLC Item 2(b) Address of Principal Business Office or Residence: 466 Lexington Avenue New York, NY 10017 Item 2(c) Citizenship: Delaware Item 2(d) Title of Class of Securities: Class A Common Stock Item 2(e) CUSIP Number: 60741F104 Item 3 If this statement is filed pursuant to Rul