William Blair Amends Revolve Group Stake (SC 13G/A)

TL;DR

**William Blair updated their Revolve Group stock ownership, showing their position as of year-end 2023.**

AI Summary

William Blair Investment Management, LLC, a Delaware-organized entity, filed an Amendment No. 3 to its SC 13G filing on February 12, 2024, indicating its ownership of Revolve Group, Inc. common stock as of December 31, 2023. This update is significant for investors because it shows a major institutional investor's continued, or potentially adjusted, stake in Revolve Group, Inc., which can influence market perception and stock stability.

Why It Matters

This filing shows that William Blair Investment Management, LLC continues to hold a position in Revolve Group, Inc., providing insight into institutional investor sentiment for the company.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk event.

Analyst Insight

Investors should note that William Blair Investment Management, LLC maintains a position in Revolve Group, Inc. as of year-end 2023. While this filing doesn't disclose the exact number of shares or percentage owned, it confirms their continued institutional interest. Smart investors might look for the full details of their ownership in the complete filing to understand the magnitude of their stake and any changes from previous reports, which could signal a bullish or bearish shift.

Key Players & Entities

• William Blair Investment Management, LLC (company) — the reporting person and institutional investor
• Revolve Group, Inc. (company) — the subject company whose securities are being reported
• Delaware (company) — state of organization for William Blair Investment Management, LLC
• December 31, 2023 (date) — the date of the event requiring the filing

FAQ

Filing Documents

• tm245766d1_sc13ga.htm (SC 13G/A) — 51KB
• 0001104659-24-014962.txt ( ) — 53KB

(a)

Item 1(a). Name of Issuer: Revolve Group, Inc.

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 12889 Moore Street, Cerritos, CA 90703

(a)

Item 2(a). Name of Person Filing: William Blair Investment Management, LLC

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 150 North Riverside Plaza, Chicago, IL 60606

(c)

Item 2(c). Citizenship: Delaware

(d)

Item 2(d). Title of Class of Securities: Common Stock

(e)

Item 2(e). CUSIP Number: 76156B107 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) o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o 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 § 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); (k) o 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: ____________. CUSIP: 76156B107 Page 4 Item 4. Ownership: 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: 5,315,083 (b) Percent of class: 13.4% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 4,709,914 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 5,315,083 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or L