Dimensional Fund Advisors Amends Hilltop Holdings Stake

Ticker: HTH · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Dimensional Fund Advisors updated their Hilltop Holdings stake, signaling continued institutional interest.**

AI Summary

Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, indicating its ownership of Hilltop Holdings Inc. common stock as of December 29, 2023. This filing updates their previous disclosure, showing they are a significant institutional investor in Hilltop Holdings Inc. This matters to investors because large institutional holdings can signal confidence in the company's long-term prospects and can influence stock stability.

Why It Matters

This filing confirms a major institutional investor, Dimensional Fund Advisors LP, maintains a significant position in Hilltop Holdings Inc., which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not indicate any immediate negative or positive risk to the stock.

Analyst Insight

Investors should note the continued presence of Dimensional Fund Advisors LP as a significant holder, which may contribute to long-term stability for Hilltop Holdings Inc. stock, but this filing alone doesn't suggest immediate action.

Key Players & Entities

Dimensional Fund Advisors LP (company) — the reporting person and institutional investor
Hilltop Holdings Inc. (company) — the subject company whose stock is being reported
Delaware Limited Partnership (company) — the organizational structure and place of organization for Dimensional Fund Advisors LP
December 29, 2023 (date) — the date of the event which required the filing of this statement
February 9, 2024 (date) — the filing date of the SC 13G/A

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 the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is Dimensional Fund Advisors LP, a Delaware Limited Partnership, with IRS Identification No. 30-0447847.

What is the name of the issuer whose securities are being reported?

The issuer is Hilltop Holdings Inc., and the title of the class of securities is Common Stock, with CUSIP Number 432748101.

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.

Under which rule is this Schedule 13G/A filed?

This Schedule 13G/A is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'X' in the appropriate box.

From the Filing

0000354204-24-003216.txt : 20240209 0000354204-24-003216.hdr.sgml : 20240209 20240209095914 ACCESSION NUMBER: 0000354204-24-003216 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: Hilltop Holdings Inc. CENTRAL INDEX KEY: 0001265131 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 841477939 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79781 FILM NUMBER: 24612466 BUSINESS ADDRESS: STREET 1: 6565 HILLCREST AVE. CITY: DALLAS STATE: TX ZIP: 75205 BUSINESS PHONE: 214.855.2177 MAIL ADDRESS: STREET 1: 6565 HILLCREST AVE. CITY: DALLAS STATE: TX ZIP: 75205 FORMER COMPANY: FORMER CONFORMED NAME: AFFORDABLE RESIDENTIAL COMMUNITIES INC DATE OF NAME CHANGE: 20030929 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/A 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/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 ) * Hilltop Holdings Inc (Name of Issuer) Common Stock (Title of Class of Securities) 432748101 (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. 432748101 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 3,546,892 ** see Note 1 ** 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 3,583,381 ** see Note 1 ** 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,583,381 ** 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) 5.5% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Hilltop Holdings Inc (b) Address of Issuer's Principal Executive Offices 200 Crescent Court, Suite 1330, Dallas, TX 75201 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 432748101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Per