Capital International Investors Cuts Arcosa Stake to 2.2%

TL;DR

**Big investor Capital International Investors just cut its stake in Arcosa to 2.2%.**

AI Summary

Capital International Investors, a Delaware-based investment firm, filed an amended SC 13G/A on February 9, 2024, disclosing its ownership in Arcosa, Inc. As of December 29, 2023, the firm beneficially owned 1,026,200 shares of Arcosa's Common Stock, representing 2.2% of the company. This filing indicates a decrease in their stake from a previous disclosure, which could signal a shift in their investment strategy or a reallocation of capital, potentially impacting investor sentiment for Arcosa stock.

Why It Matters

This filing shows a significant institutional investor has reduced its position in Arcosa, which could be interpreted as a lack of confidence or a strategic portfolio adjustment, potentially influencing other investors' decisions.

Risk Assessment

Risk Level: medium — A major institutional investor reducing its stake can signal potential concerns or a change in outlook, creating uncertainty for other shareholders.

Analyst Insight

Investors should monitor Arcosa's upcoming earnings reports and other institutional ownership changes to understand if this reduction by Capital International Investors is an isolated event or part of a broader trend.

Key Numbers

• 1,026,200 — shares beneficially owned (number of Arcosa Common Stock shares held by Capital International Investors)
• 2.2% — percentage of class (percentage of Arcosa's Common Stock owned by Capital International Investors)
• 039653100 — CUSIP Number (identifier for Arcosa, Inc. Common Stock)

Key Players & Entities

• Capital International Investors (company) — the reporting person who filed the SC 13G/A
• Arcosa, Inc. (company) — the subject company whose securities are being reported
• Delaware (company) — place of organization for Capital International Investors
• December 29, 2023 (date) — date of event requiring the filing
• February 9, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Arcosa's stock price may experience short-term volatility due to the reduced institutional ownership. (Arcosa, Inc.) — medium confidence, target: 3 months

FAQ

From the Filing

0001422848-24-000151.txt : 20240209 0001422848-24-000151.hdr.sgml : 20240209 20240209180554 ACCESSION NUMBER: 0001422848-24-000151 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: Arcosa, Inc. CENTRAL INDEX KEY: 0001739445 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 825339416 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90715 FILM NUMBER: 24616664 BUSINESS ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 972-942-6500 MAIL ADDRESS: STREET 1: 500 N. AKARD SREET STREET 2: SUITE 400 CITY: DALLAS STATE: TX ZIP: 75201 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. 3 ) * Arcosa, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 039653100 (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. 039653100 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 1,026,200 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 1,026,200 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,026,200 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) 2.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Arcosa, Inc. (b) Address of Issuer's Principal Executive Offices 500 North Akard Street, Ste 400, Dallas, TX 75201 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 039653100 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 t