Dimensional Fund Advisors LP Discloses Significant Stake in Cross Country Healthcare

TL;DR

**Dimensional Fund Advisors LP just revealed a big stake in Cross Country Healthcare, signaling institutional confidence.**

AI Summary

Dimensional Fund Advisors LP, a Delaware-based investment advisor, has filed an SC 13G indicating its ownership in Cross Country Healthcare Inc. As of December 29, 2023, Dimensional Fund Advisors LP holds a significant stake in the company's Common Stock. This filing is important for investors because it signals a major institutional investor's confidence in Cross Country Healthcare, potentially influencing market perception and stock stability.

Why It Matters

This filing shows a major institutional investor, Dimensional Fund Advisors LP, has a notable position in Cross Country Healthcare, which can be seen as a vote of confidence and may attract other investors.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by an institutional fund, which generally doesn't pose a direct risk to the company or its shareholders.

Analyst Insight

An investor should note that a large institutional fund like Dimensional Fund Advisors LP has taken a position, which could imply a level of due diligence and confidence in Cross Country Healthcare. This information might be used as one data point among many when evaluating the stock, but it doesn't necessarily signal an immediate buy or sell action.

Key Players & Entities

• Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
• Cross Country Healthcare Inc (company) — the subject company whose stock is being reported
• Delaware (company) — place of organization for Dimensional Fund Advisors LP
• December 29, 2023 (date) — date of event which requires filing

FAQ

From the Filing

0000354204-24-003151.txt : 20240209 0000354204-24-003151.hdr.sgml : 20240209 20240209095911 ACCESSION NUMBER: 0000354204-24-003151 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CROSS COUNTRY HEALTHCARE INC CENTRAL INDEX KEY: 0001141103 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 134066229 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78032 FILM NUMBER: 24612402 BUSINESS ADDRESS: STREET 1: 6551 PARK OF COMMERCE BOULEVARD, N.W. CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 8003472264 MAIL ADDRESS: STREET 1: 6551 PARK OF COMMERCE BOULEVARD, N.W. CITY: BOCA RATON STATE: FL ZIP: 33487 FORMER COMPANY: FORMER CONFORMED NAME: CROSS COUNTRY INC DATE OF NAME CHANGE: 20010521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIMENSIONAL FUND ADVISORS LP CENTRAL INDEX KEY: 0000354204 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 222370029 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 BUSINESS PHONE: (512) 306-7400 MAIL ADDRESS: STREET 1: 6300 BEE CAVE ROAD STREET 2: BUILDING ONE CITY: AUSTIN STATE: TX ZIP: 78746 FORMER COMPANY: FORMER CONFORMED NAME: DIMENSIONAL FUND ADVISORS INC DATE OF NAME CHANGE: 19920929 SC 13G 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. _ ) * Cross Country Healthcare Inc (Name of Issuer) Common Stock (Title of Class of Securities) 227483104 (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. 227483104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Dimensional Fund Advisors LP 30-0447847 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 2,212,525 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 2,256,832 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,256,832 ** see Note 1 ** 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.4% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Cross Country Healthcare Inc (b) Address of Issuer's Principal Executive Offices 5201 Congress Avenue, Suite 100B, Boca Raton, FL 33487 Item 2. (a) Name of Person Filing Dimensional Fund Advisors LP (b) Address of Principal Business Office or, if None, Residence 6300 Bee Cave Road, Building One, Austin, TX 78746 (c) Citizenship Delaware Limited Partnership (d) Title of Class of Securities Common Stock (e) CUSIP Number 227483104 Item 3. If This Statement is Filed Pursuant t