Capital World Investors Amends Dollar Tree Stake to 17.6M Shares

TL;DR

**Capital World Investors now has sole voting power over 17.6 million Dollar Tree shares.**

AI Summary

Capital World Investors, a Delaware-based investment firm, has filed an amended SC 13G/A, indicating a change in their beneficial ownership of Dollar Tree, Inc. common stock as of December 29, 2023. They now report sole voting power over 17,609,941 shares. This filing is important for investors as it shows a significant institutional holder's current stake, which can influence market perception and potentially signal confidence or concern in Dollar Tree's future performance.

Why It Matters

This filing reveals a major institutional investor's updated position in Dollar Tree, providing transparency into significant ownership changes that can impact stock sentiment and trading decisions.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently introduce new risks to the company or its investors.

Analyst Insight

Investors should note Capital World Investors' continued significant stake in Dollar Tree, as large institutional holdings can indicate long-term confidence, but this filing alone doesn't suggest immediate action beyond monitoring future ownership changes.

Key Numbers

• 17,609,941 — Shares with Sole Voting Power (Represents the number of Dollar Tree shares Capital World Investors can vote.)

Key Players & Entities

• Capital World Investors (company) — the reporting person and institutional investor
• Dollar Tree, Inc. (company) — the subject company whose stock is being reported
• Delaware (company) — place of organization for Capital World Investors
• December 29, 2023 (date) — date of the event requiring the filing
• 17,609,941 (dollar_amount) — number of shares with sole voting power held by Capital World Investors

Forward-Looking Statements

• Capital World Investors will maintain a significant stake in Dollar Tree, Inc. for the foreseeable future. (Capital World Investors) — medium confidence, target: 2025-02-09

FAQ

From the Filing

0001422848-24-000270.txt : 20240209 0001422848-24-000270.hdr.sgml : 20240209 20240209182127 ACCESSION NUMBER: 0001422848-24-000270 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR TREE, INC. CENTRAL INDEX KEY: 0000935703 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541387365 STATE OF INCORPORATION: VA FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50167 FILM NUMBER: 24616846 BUSINESS ADDRESS: STREET 1: 500 VOLVO PARKWAY STREET 2: N/A CITY: CHESAPEAKE STATE: VA ZIP: 23320 BUSINESS PHONE: (757) 321-5000 MAIL ADDRESS: STREET 1: 500 VOLVO PARKWAY CITY: CHESAPEAKE STATE: VA ZIP: 23320 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE INC DATE OF NAME CHANGE: 20080328 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE STORES INC DATE OF NAME CHANGE: 19950117 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital World Investors CENTRAL INDEX KEY: 0001422849 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 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. 2 ) * Dollar Tree Stores, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 256746108 (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. 256746108 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World 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 17,609,941 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 17,609,991 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 17,609,991 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) 8.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Dollar Tree Stores, Inc. (b) Address of Issuer's Principal Executive Offices 500 Volvo Parkway, N/A, Chesapeake, VA 23320 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 256746108 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. 7