Capital World Investors Holds 14.0% Stake in Wayfair
Ticker: W · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Capital World Investors owns 14.0% of Wayfair, a big vote of confidence.**
AI Summary
Capital World Investors, a major institutional investor, filed an amended SC 13G/A on February 9, 2024, disclosing their ownership in Wayfair Inc. As of December 29, 2023, they beneficially owned 12,042,210 shares of Wayfair's Common Stock, representing 14.0% of the company. This filing indicates a significant stake held by a large investment firm, which can influence Wayfair's stock performance and investor confidence.
Why It Matters
This filing shows a major institutional investor's continued significant stake in Wayfair, which can signal confidence or a potential shift in their investment strategy, impacting other investors' perceptions.
Risk Assessment
Risk Level: low — This filing is an update on a passive investment, not indicating any immediate high-risk corporate actions.
Analyst Insight
Investors should note that a major institutional investor like Capital World Investors holds a substantial stake in Wayfair, which could indicate long-term confidence or simply a passive investment. Monitor future filings for any significant changes in their position, as a large sell-off could signal a shift in sentiment.
Key Numbers
- 12,042,210 — Shares Beneficially Owned (This is the total number of Wayfair shares Capital World Investors holds, showing their significant stake.)
- 14.0% — Percentage of Class (This percentage indicates the substantial influence Capital World Investors has over Wayfair's common stock.)
- December 29, 2023 — Date of Event (This is the snapshot date for the reported ownership, providing a specific reference point for the disclosed stake.)
Key Players & Entities
- Capital World Investors (company) — the reporting person and institutional investor
- Wayfair Inc. (company) — the subject company whose stock is being reported
- 12,042,210 (dollar_amount) — the number of shares beneficially owned by Capital World Investors
- December 29, 2023 (date) — the date of the event requiring the filing
- 14.0% (dollar_amount) — the percentage of Wayfair's class of securities owned by Capital World Investors
Forward-Looking Statements
- Capital World Investors will maintain a significant stake in Wayfair Inc. throughout 2024. (Capital World Investors) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Capital World Investors, as stated in item 1 of the cover page and the 'FILED BY' section of the filing.
What is the name of the issuer whose securities are being reported?
The issuer is Wayfair Inc., as identified in the 'Name of Issuer' section and the 'SUBJECT COMPANY' data.
How many shares of Wayfair Inc. Common Stock does Capital World Investors beneficially own?
Capital World Investors beneficially owns 12,042,210 shares of Wayfair Inc. Common Stock, as reported in item 9 of the cover page.
What percentage of Wayfair Inc.'s Common Stock does Capital World Investors own?
Capital World Investors owns 14.0% of Wayfair Inc.'s Common Stock, calculated from the aggregate amount beneficially owned and the total shares outstanding (though total outstanding shares are not explicitly stated, the percentage is given in the filing's summary data).
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as specified on the cover page of the filing.
From the Filing
0001422848-24-000256.txt : 20240209 0001422848-24-000256.hdr.sgml : 20240209 20240209181903 ACCESSION NUMBER: 0001422848-24-000256 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: Wayfair Inc. CENTRAL INDEX KEY: 0001616707 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 364791999 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88346 FILM NUMBER: 24616798 BUSINESS ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617 532 6100 MAIL ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 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 ) * Wayfair Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 94419L101 (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. 94419L101 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 12,042,210 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 12,042,210 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,042,210 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) 13.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Wayfair Inc. (b) Address of Issuer's Principal Executive Offices 4 Copley Place, Boston, MA 02116 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 94419L101 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 in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.