Vanguard Amends WSM Stake: Holds 16.0% of Common Stock

Ticker: WSM · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**Vanguard still owns a huge chunk of Williams-Sonoma, holding 16.0% of the stock.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating its ownership of Williams-Sonoma Inc. common stock as of December 29, 2023. This filing, an amendment number 11, shows that Vanguard holds 0 shares with sole voting power, 10,776,966 shares with shared voting power, 11,624,966 shares with sole dispositive power, and 10,896,966 shares with shared dispositive power. This represents a total beneficial ownership of 11,624,966 shares, or 16.0% of Williams-Sonoma's common stock. This matters to investors because Vanguard is a significant institutional holder, and changes in its stake can signal shifts in institutional confidence or investment strategy for Williams-Sonoma.

Why It Matters

This filing confirms Vanguard's substantial, albeit slightly adjusted, ownership in Williams-Sonoma, indicating continued institutional confidence in the company's long-term prospects. Investors should note that large institutional holdings can provide a degree of stability to a stock.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk or change in company fundamentals.

Analyst Insight

A smart investor would view this as a routine update from a major institutional holder, confirming Vanguard's continued, substantial investment in Williams-Sonoma. It doesn't signal an immediate buy or sell, but rather reinforces the stock's institutional backing. Investors should monitor future filings for significant changes in Vanguard's stake, which could indicate a shift in their long-term outlook.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this specific filing, SC 13G/A?

This is an amendment (indicated by the 'A') to a Schedule 13G filing, which is used by institutional investors like The Vanguard Group to report beneficial ownership of 5% or more of a company's stock when they do not intend to influence control of the company. This particular filing is Amendment No. 11, meaning it's the eleventh update to their initial 13G for Williams-Sonoma Inc.

What is The Vanguard Group's total beneficial ownership percentage of Williams-Sonoma Inc. common stock as reported in this filing?

As of December 29, 2023, The Vanguard Group beneficially owns 11,624,966 shares of Williams-Sonoma Inc. common stock, which represents 16.0% of the class outstanding.

Does The Vanguard Group have sole voting power over any of its Williams-Sonoma Inc. shares?

No, according to Item 5 of the filing, The Vanguard Group reports 0 shares with sole voting power. All of its voting power is shared.

What is the date of the event that required this filing?

The date of the event which required the filing of this statement is December 29, 2023, as stated on the cover page of the Schedule 13G/A.

What are the shared voting and shared dispositive powers reported by The Vanguard Group for Williams-Sonoma Inc. shares?

The Vanguard Group reports shared voting power over 10,776,966 shares and shared dispositive power over 10,896,966 shares of Williams-Sonoma Inc. common stock.

From the Filing

0001104659-24-022310.txt : 20240213 0001104659-24-022310.hdr.sgml : 20240213 20240213171736 ACCESSION NUMBER: 0001104659-24-022310 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILLIAMS SONOMA INC CENTRAL INDEX KEY: 0000719955 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 942203880 STATE OF INCORPORATION: CA FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34724 FILM NUMBER: 24630000 BUSINESS ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 BUSINESS PHONE: 415-421-7900 MAIL ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv02286-williamssonomainc.htm SCHEDULE 13G/A williamssonomainc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 11)* Name of issuer:  Williams-Sonoma Inc Title of Class of Securities:  Common Stock CUSIP Number:  969904101 Date of Event Which Requires Filing of this Statement: December 29, 2023 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). (Continued on the following page(s))     13G CUSIP No.:  969904101 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 22,392 7.  SOLE DISPOSITIVE POWER 7,229,506 8.  SHARED DISPOSITIVE POWER 88,921 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,318,427 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.41% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Williams-Sonoma Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 3250 Van Ness Avenue San Francisco, CA 94109-1012 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Numb

View on Read The Filing