Capital International Investors Cuts Vicor Stake to 0.85%

TL;DR

**Big investor Capital International Investors just cut its stake in Vicor Corp to 0.85%.**

AI Summary

Capital International Investors, a major institutional investor, filed an amended SC 13G/A on February 9, 2024, disclosing their beneficial ownership in Vicor Corp. As of December 29, 2023, they hold 378,100 shares of Vicor's common stock, representing 0.85% of the company. This filing indicates a significant reduction in their stake from a previous disclosure, signaling a potential shift in their investment strategy for Vicor Corp.

Why It Matters

This reduction in ownership by a large institutional investor like Capital International Investors could signal a lack of confidence or a reallocation of capital, which might influence other investors' perceptions and the stock's performance.

Risk Assessment

Risk Level: medium — A significant reduction in ownership by a major institutional investor can be a bearish signal, indicating potential concerns or a shift in investment strategy.

Analyst Insight

A smart investor would investigate the reasons behind Capital International Investors' decision to significantly reduce their stake in Vicor Corp. and consider if this signals underlying issues or simply a portfolio rebalancing before making any investment decisions.

Key Numbers

• 378,100 — Shares Beneficially Owned (This is the total number of Vicor Corp. common shares Capital International Investors holds as of December 29, 2023.)
• 0.85% — Percentage of Class (This represents the proportion of Vicor Corp.'s common stock owned by Capital International Investors, indicating a reduced stake.)
• December 29, 2023 — Event Date (This is the specific date that triggered the requirement for Capital International Investors to file this amendment.)

Key Players & Entities

• Capital International Investors (company) — the reporting person and institutional investor
• Vicor Corp. (company) — the subject company whose shares are being reported
• 378,100 (dollar_amount) — shares beneficially owned by Capital International Investors
• 0.85% (dollar_amount) — percentage of class beneficially owned by Capital International Investors
• December 29, 2023 (date) — the date of the event requiring the filing

Forward-Looking Statements

• Other institutional investors may review their positions in Vicor Corp. following Capital International Investors' reduced stake. (Vicor Corp.) — medium confidence, target: Q1 2024
• Vicor Corp.'s stock price could experience short-term volatility due to the news of a major investor reducing its holdings. (Vicor Corp.) — medium confidence, target: February 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000184.txt ( ) — 18KB

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. 1 ) * Vicor Corp. (Name of Issuer) Common Stock (Title of Class of Securities) 925815102 (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. 925815102 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital International Investors 95-1411037 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 378,100 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 378,100 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 378,100 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.2% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Vicor Corp. (b) Address of Issuer's Principal Executive Offices 25 Frontage Road, Andover, MA 01810-5499 Item 2. (a) Name of Person Filing Capital International Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 925815102 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)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 378,100 ** (b) Percent of Class: 1.2% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 378,100 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 378,100 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 378,100 shares or 1.2% of the 32,707,062 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of secu

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