Wellington Management Amends HCA Healthcare Stake on Dec 29, 2023
Ticker: HCA · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 860730
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, healthcare, form-13g
TL;DR
**Wellington Management updated its HCA Healthcare ownership, signaling continued institutional interest.**
AI Summary
Wellington Management Group LLP filed an amended SC 13G/A on February 9, 2024, indicating a change in their beneficial ownership of HCA Healthcare, Inc. common stock as of December 29, 2023. This filing, an amendment to a previous Schedule 13G, shows that Wellington Management continues to hold a significant stake in HCA Healthcare, Inc. (formerly HCA Holdings, Inc.), a major hospital operator. This matters to investors because large institutional holdings can influence stock stability and signal confidence (or lack thereof) in the company's future performance.
Why It Matters
This filing updates Wellington Management Group LLP's reported ownership in HCA Healthcare, Inc., providing transparency on a major institutional investor's position, which can impact market perception and trading activity.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate or significant new risks to the company or its shareholders.
Analyst Insight
Investors should note that a major institutional investor like Wellington Management Group LLP continues to hold a position in HCA Healthcare, Inc., which can be a sign of long-term confidence, but should also monitor future filings for any significant changes in their stake.
Key Players & Entities
- Wellington Management Group LLP (company) — the institutional investor filing the SC 13G/A
- HCA Healthcare, Inc. (company) — the subject company whose securities are being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- February 9, 2024 (date) — the filing date of the SC 13G/A
- 40412C101 (other) — the CUSIP number for HCA Healthcare, Inc. Common Stock
Forward-Looking Statements
- Wellington Management Group LLP will maintain a significant, but potentially adjusted, stake in HCA Healthcare, Inc. in the near future. (Wellington Management Group LLP) — medium confidence, target: Q2 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the subject company of this filing?
The subject company is HCA Healthcare, Inc., formerly known as HCA Holdings, Inc. and HCA INC/TN, with a CIK of 0000860730.
Who is the entity that filed this SC 13G/A?
The entity that filed this SC 13G/A is Wellington Management Group LLP, with a CIK of 0000902219, located at 280 Congress Street, Boston, MA.
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.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of HCA Healthcare, Inc. is 40412C101.
Filing Stats: 1,778 words · 7 min read · ~6 pages · Grade level 9.7 · Accepted 2024-02-09 08:40:49
Filing Documents
- SEC13G_Filing.htm (SC 13G/A) — 31KB
- 0000902219-24-000269.txt ( ) — 33KB
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 ) * HCA Holdings, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 40412C101 (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. 40412C101 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 9,848,737 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,186,129 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,186,129 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.81% 12. TYPE OF REPORTING PERSON HC CUSIP No. 40412C101 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 9,848,737 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,186,129 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,186,129 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.81% 12. TYPE OF REPORTING PERSON HC CUSIP No. 40412C101 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 9,848,737 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 10,186,129 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,186,129 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.81% 12. TYPE OF REPORTING PERSON HC Item 1. (a) Name of Issuer HCA Holdings, Inc. (b) Address of Issuer's Principal Executive Offices One Park Plaza Nashville, TN 37203 Item 2. (a) Name of Person Filing Wellington Management Group LLP Wellington Group Holdings LLP Wellington Investment Advisors Holdings 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 (d) Title of Class of Securities Common Stock (e) CUSIP Number 40412C101 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) [ ] 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) [X] 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-