FIL Limited Boosts Autohome Stake to 5.378%

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

Sentiment: bullish

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**FIL Limited now owns 5.378% of Autohome, signaling continued institutional confidence.**

AI Summary

FIL Limited, a Bermuda-based investment manager, filed an amended SC 13G/A on February 9, 2024, disclosing its beneficial ownership of 26,508,092 shares of Autohome Inc. common stock, representing 5.378% of the company. This filing indicates a slight increase in their reported ownership from a previous filing, signaling continued confidence in Autohome Inc. by a major institutional investor. This matters to investors as it shows a significant holder is maintaining or slightly increasing their stake, which can be a positive signal about the stock's long-term prospects.

Why It Matters

This filing shows a major institutional investor, FIL Limited, continues to hold a significant stake in Autohome Inc., which can be interpreted as a vote of confidence in the company's future performance.

Risk Assessment

Risk Level: low — This filing indicates a stable or slightly increased institutional ownership, which generally reduces perceived risk for other investors.

Analyst Insight

A smart investor would view this continued significant institutional ownership by FIL Limited as a positive signal, potentially indicating stability and long-term value in Autohome Inc. It might warrant further research into Autohome's fundamentals and future prospects.

Key Numbers

26,508,092 — Shares Beneficially Owned (This is the total number of Autohome Inc. common shares that FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. collectively beneficially own as of the filing date.)
5.378% — Percentage of Class (This represents the percentage of Autohome Inc.'s common stock that the reporting persons beneficially own, indicating a significant institutional stake.)
20240209 — Filing Date (This is the date the SC 13G/A amendment was filed, providing the most recent snapshot of ownership.)

Key Players & Entities

FIL Limited (company) — Reporting Person and beneficial owner of Autohome Inc. shares
Autohome Inc. (company) — The issuer of the common stock being reported
Pandanus Partners, L.P. (company) — Reporting Person, potentially part of the FIL Limited group
Pandanus Associates, Inc. (company) — Reporting Person, potentially part of the FIL Limited group
26,508,092 (dollar_amount) — Total number of shares beneficially owned by FIL Limited
5.378% (dollar_amount) — Percentage of Autohome Inc. common stock beneficially owned by FIL Limited

Forward-Looking Statements

FIL Limited will maintain a significant stake in Autohome Inc. for the foreseeable future. (FIL Limited) — medium confidence, target: 2025-02-09

FAQ

Who is the primary entity reporting beneficial ownership in this SC 13G/A filing?

The primary entity reporting beneficial ownership in this SC 13G/A filing is FIL Limited, based in Bermuda, as stated in Item 1 of the filing.

What is the total number of shares of Autohome Inc. common stock beneficially owned by the reporting persons?

The total number of shares of Autohome Inc. common stock beneficially owned by the reporting persons (FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc.) is 26,508,092, as indicated in Item 7 and Item 9 for each reporting person.

What percentage of Autohome Inc.'s common stock do the reporting persons collectively own?

The reporting persons collectively own 5.378% of Autohome Inc.'s common stock, as stated in Item 11 for each reporting person.

Under which rule is this Schedule 13G filed?

This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.

What is the CUSIP number for Autohome Inc. common stock mentioned in the filing?

The CUSIP number for Autohome Inc. common stock mentioned in the filing is G06634102, as listed under 'Cusip #G06634102' and Item 2(e).

From the Filing

0000318989-24-000081.txt : 20240209 0000318989-24-000081.hdr.sgml : 20240209 20240209075950 ACCESSION NUMBER: 0000318989-24-000081 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: Autohome Inc. CENTRAL INDEX KEY: 0001527636 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87808 FILM NUMBER: 24611233 BUSINESS ADDRESS: STREET 1: 18TH FLOOR TOWER B, CEC PLAZA STREET 2: 3 Dan Ling Street, Haidian District CITY: Beijin STATE: F4 ZIP: 100080 BUSINESS PHONE: 8610 5985 7001 MAIL ADDRESS: STREET 1: 18TH FLOOR TOWER B, CEC PLAZA STREET 2: 3 Dan Ling Street, Haidian District CITY: Beijin STATE: F4 ZIP: 100080 FORMER COMPANY: FORMER CONFORMED NAME: Sequel Ltd DATE OF NAME CHANGE: 20110809 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIL Ltd CENTRAL INDEX KEY: 0000318989 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P.O. BOX H.M. 670 CITY: HAMILTON STATE: D0 ZIP: 00000 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: P.O. BOX H.M. 670 CITY: HAMILTON STATE: D0 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: FIL LTD DATE OF NAME CHANGE: 20080213 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY INTERNATIONAL LTD DATE OF NAME CHANGE: 19920929 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No. 1 AUTOHOME INC COMMON STOCK Cusip #G06634102 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) Cusip #G06634102 Item 1: Reporting Person - FIL Limited Item 2: (a) [ ] (b) [ ] Item 4: Bermuda Item 5: 24,350,644 Item 6: 0 Item 7: 26,508,092 Item 8: 0 Item 9: 26,508,092 Item 11: 5.378% Item 12: FI Cusip #G06634102 Item 1: Reporting Person - Pandanus Partners, L.P. Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 0 Item 6: 0 Item 7: 26,508,092 Item 8: 0 Item 9: 26,508,092 Item 11: 5.378% Item 12: PN Cusip #G06634102 Item 1: Reporting Person - Pandanus Associates, Inc. Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 0 Item 6: 0 Item 7: 26,508,092 Item 8: 0 Item 9: 26,508,092 Item 11: 5.378% Item 12: CO Item 1(a). Name of Issuer: AUTOHOME INC Item 1(b). Address of Issuer's Principal Executive Offices: 18TH FLOOR TOWER B, CEC PLAZA,3 Dan Ling Street Haidian District, Beijin 100080 China Item 2(a). Name of Person Filing: FIL Limited Item 2(b). Address or Principal Business Office or, if None, Residence: Pembroke Hall, 42 Crow Lane, Hamilton, Bermuda, HM19 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: G06634102 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FIL Limited, is a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J). (Note: See Exhibit A). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify type of institution: Parent holding or control person. Item 4. Ownership (a) Amount Beneficially Owned: 26,508,092 (b) Percent of Class: 5.378% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 24,350,644 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 26,508,092 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of AUTOHOME