Nikko Asset Management Amends Roku Stake as of Dec 31, 2023

TL;DR

**Nikko Asset Management updated their Roku holdings, showing their position as of year-end 2023.**

AI Summary

Nikko Asset Management Americas, Inc. filed an amended SC 13G/A on February 12, 2024, indicating a change in their ownership of Roku, Inc.'s Class A Common stock as of December 31, 2023. This filing updates their previous disclosure, showing their current stake in Roku. This matters to investors because it provides transparency into institutional ownership changes, which can influence stock sentiment and liquidity.

Why It Matters

Changes in institutional ownership can signal shifts in confidence from major investors, potentially impacting Roku's stock price and market perception.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate significant risk to the company or its stock.

Analyst Insight

Investors should note this routine update on institutional ownership and consider it as one data point among many when evaluating Roku, Inc. stock, without overreacting to the filing itself.

Key Players & Entities

• Nikko Asset Management Americas, Inc. (company) — the entity filing the SC 13G/A
• Roku, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event which requires the filing
• February 12, 2024 (date) — the date the SC 13G/A was filed
• Class A Common stock (other) — the type of securities held by Nikko Asset Management Americas, Inc.

FAQ

Key Financial Figures

• $0.0001 — (Name of Issuer) Class A Common stock, $0.0001 par value per share (Title of Class of

Filing Documents

• ef20021431_sc13ga.htm (SC 13G/A) — 61KB
• 0001140361-24-007078.txt ( ) — 62KB

From the Filing

SC 13G/A 1 ef20021431_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Roku, Inc. (Name of Issuer) Class A Common stock, $0.0001 par value per share (Title of Class of Securities) 77543R102 (CUSIP Number) December 31, 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: 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 ("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. 1 NAMES OF REPORTING PERSONS Nikko Asset Management Americas, Inc 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 3,882,181 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 5,636,483 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,636,483 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.50% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA Item 1. (a) Name of Issuer Roku, Inc. (b) Address of Issuer's Principal Executive Offices 1173 Coleman Avenue San Jose, California 95110 Item 2. (a) Name of Person Filing Nikko Asset Management Americas, Inc. (b) Address of Principal Business Office or, if none, Residence 605 Third Avenue, 38 th Floor, New York, NY 10158 (c) Citizenship USA (d) Title of Class of Securities Class A Common stock, $0.0001 par value per share (e) CUSIP Number 77543R102 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-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) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations 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) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: 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: 5,636,483 (b) Percent of class: 4.50% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 3,882,181 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 5,636,483 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 beneficial owner of more than five percent of the class of securities, check the following . Item 6. See Exhibit A. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company See Exhibit A. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired