Capital International Investors Holds 7.6% Stake in Etsy

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

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Capital International Investors still owns 7.6% of Etsy, a slight dip but still a big vote of confidence!**

AI Summary

Capital International Investors, a major investment firm, filed an amended SC 13G/A on February 12, 2024, disclosing their ownership in Etsy, Inc. As of December 29, 2023, they beneficially owned 8,351,100 shares of Etsy's common stock, representing 7.6% of the company. This is an update to their previous filing, indicating a significant, though slightly reduced, stake in the e-commerce platform, which matters to investors as it shows a large institutional investor's continued conviction in Etsy, despite a minor decrease in their holding.

Why It Matters

This filing shows a major institutional investor's current stake in Etsy, providing insight into their confidence in the company's future performance.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a level of confidence.

Analyst Insight

Investors should note that a major institutional investor, Capital International Investors, maintains a substantial 7.6% stake in Etsy, suggesting continued confidence in the company, despite a minor adjustment in their holdings. This could be a positive signal for long-term holders, but it doesn't indicate any immediate catalysts.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this SC 13G/A filing?

This SC 13G/A filing is an amendment (Amendment No. 1) to a previous Schedule 13G, filed by Capital International Investors, to update their beneficial ownership of Etsy, Inc. common stock as of December 29, 2023, under Rule 13d-1(b).

Who is the reporting person in this filing, and what is their IRS Identification Number?

The reporting person is Capital International Investors, and their IRS Identification Number is 95-1411037, as stated on the cover page of the filing.

How many shares of Etsy, Inc. common stock does Capital International Investors beneficially own, and what percentage of the class does this represent?

Capital International Investors beneficially owns 8,351,100 shares of Etsy, Inc. common stock, which represents 7.6% of the class, as detailed on the cover page of the filing.

What is the CUSIP number for Etsy, Inc. common stock mentioned in this filing?

The CUSIP number for Etsy, Inc. common stock is 29786A106, as listed on the cover page of the Schedule 13G.

When was the event date that required this filing, and when was the filing submitted to the SEC?

The date of the event which required the filing of this statement was December 29, 2023. The filing was submitted to the SEC on February 12, 2024, as indicated by the ACCESSION NUMBER and FILED AS OF DATE.

From the Filing

0001422848-24-000130.txt : 20240212 0001422848-24-000130.hdr.sgml : 20240212 20240212102105 ACCESSION NUMBER: 0001422848-24-000130 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ETSY INC CENTRAL INDEX KEY: 0001370637 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88869 FILM NUMBER: 24617896 BUSINESS ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: (718) 880-3660 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital International Investors CENTRAL INDEX KEY: 0001562230 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 FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: Capital Research & Management Co - Division 3 DATE OF NAME CHANGE: 20121114 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 ) * Etsy, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 29786A106 (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. 29786A106 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 8,323,357 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 8,351,100 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,351,100 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) 7.0% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Etsy, Inc. (b) Address of Issuer's Principal Executive Offices 117 Adams Street, BROOKLYN, NY 11201 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 29786A106 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

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