Capital International Investors Amends Sun Country Airlines Stake

TL;DR

**Capital International Investors just updated their stake in Sun Country Airlines.**

AI Summary

Capital International Investors, a Delaware-based investment firm, has updated its holdings in Sun Country Airlines Holdings, Inc. (SNCY) as of December 29, 2023. This amendment (SC 13G/A) indicates a change in their beneficial ownership, which is important for investors as it signals a shift in a major institutional investor's confidence in the airline. While the specific number of shares or percentage change isn't detailed in the provided text, the filing itself confirms their continued, albeit adjusted, significant stake in the company.

Why It Matters

This filing shows a major institutional investor, Capital International Investors, has adjusted its position in Sun Country Airlines, which can influence market perception and other investors' decisions.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and doesn't inherently signal high risk, but rather a change in their position.

Analyst Insight

Investors should note that a major institutional investor has updated its position. While this filing doesn't detail the change in share count, it's a signal to monitor future filings or news for specific details on Capital International Investors' adjusted stake in Sun Country Airlines, as significant changes could influence market sentiment.

Key Numbers

• 0001562230 — Capital International Investors CIK (Unique identifier for the filing entity)
• 0001743907 — Sun Country Airlines CIK (Unique identifier for the subject company)
• 95-1411037 — Capital International Investors IRS Number (Tax identification number for the filing entity)

Key Players & Entities

• Capital International Investors (company) — the reporting person filing the SC 13G/A
• Sun Country Airlines Holdings, Inc. (company) — the subject company whose stock is being reported
• Delaware (company) — place of organization for Capital International Investors
• December 29, 2023 (date) — date of the event requiring the filing
• 866683105 (other) — CUSIP Number for Sun Country Airlines Common Stock

Forward-Looking Statements

• Capital International Investors will maintain a significant, but potentially adjusted, stake in Sun Country Airlines. (Capital International Investors) — high confidence, target: Next 12 months
• The market will view this routine amendment as a neutral event, unless specific share count changes are later disclosed. (Sun Country Airlines) — medium confidence, target: Next 1 week

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000173.txt ( ) — 18KB

From the Filing

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 ) * Sun Country Airlines Holdings, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 866683105 (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. 866683105 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 3,280,677 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 3,280,677 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,280,677 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) 6.1% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Sun Country Airlines Holdings, Inc. (b) Address of Issuer's Principal Executive Offices 2005 Cargo Road, Minneapolis, MN 55450 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 866683105 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.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 3,280,677 ** (b) Percent of Class: 6.1% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 3,280,677 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 3,280,677 (iv) shared power to dispose or to direct the disposition of 0 **Capital International Investors ("CII") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CII's divisions of each of the investment management entities collectively provide investment management services under the name "Capital International Investors." CII is deemed to be the beneficial owner of 3,280,677 shares or 6.1% of the 54,133,851 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the ben

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