Vanguard Amends THOR Stake: Holds 17,251 Shares as of Dec 29
Ticker: THO · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Vanguard still holds 17,251 shares of THOR, showing continued institutional interest.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating its beneficial ownership of 17,251 shares of Thor Industries Inc. common stock as of December 29, 2023. This filing, Amendment No. 10, shows Vanguard holds shared voting power over these shares, but no sole voting power. This matters to investors because it provides transparency into institutional ownership, showing that a significant fund manager like Vanguard maintains a position in THOR, which can influence market perception and liquidity.
Why It Matters
This filing provides transparency into institutional ownership, showing that a major fund manager like Vanguard maintains a position in Thor Industries, which can influence market perception and liquidity.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating a stable or slightly adjusted passive stake, which typically carries low risk.
Analyst Insight
Investors should note that a major institutional investor like Vanguard continues to hold a position in THOR, indicating ongoing institutional interest, but this filing alone doesn't suggest any immediate catalysts or changes in company fundamentals.
Key Numbers
- 17,251 — Shared Voting Power Shares (The number of Thor Industries Inc. common shares over which The Vanguard Group has shared voting power as of December 29, 2023.)
Key Players & Entities
- The Vanguard Group (company) — reporting person and institutional investor
- Thor Industries Inc. (company) — subject company, manufacturer of motor homes
- 17,251 (dollar_amount) — number of shares beneficially owned with shared voting power
- December 29, 2023 (date) — date of event requiring the filing
- February 13, 2024 (date) — filing date of the SC 13G/A
Forward-Looking Statements
- Vanguard will maintain a passive investment in THOR, consistent with its index-tracking strategies. (The Vanguard Group) — high confidence, target: Next 12 months
FAQ
What is the purpose of this SC 13G/A filing by The Vanguard Group?
This SC 13G/A is an amendment (Amendment No. 10) filed by The Vanguard Group to update its beneficial ownership of Thor Industries Inc. common stock, as required by Rule 13d-1(b) of the Securities Exchange Act of 1934.
How many shares of Thor Industries Inc. does The Vanguard Group beneficially own with shared voting power?
As of December 29, 2023, The Vanguard Group beneficially owns 17,251 shares of Thor Industries Inc. common stock with shared voting power, as stated in Item 6 of the filing.
Does The Vanguard Group have sole voting power over any Thor Industries Inc. shares?
No, the filing explicitly states in Item 5 that The Vanguard Group has 'SOLE VOTING POWER 0' shares for Thor Industries Inc.
What is the CUSIP number for Thor Industries Inc. common stock mentioned in the filing?
The CUSIP number for Thor Industries Inc. common stock is 885160101, as indicated on the cover page and Item 1 of the Schedule 13G/A.
When was the event date that triggered this filing?
The date of the event which requires the filing of this statement was December 29, 2023, as specified on the first page of the Schedule 13G/A.
Filing Stats: 809 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-02-13 17:15:56
Filing Documents
- tv02071-thorindustriesinc.htm (SC 13G/A) — 11KB
- 0001104659-24-022094.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: Thor Industries Inc
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: 601 East Beardsley Avenue Elkhart, IN 46514-3305
(a) - Name of Person Filing
Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930
(b) – Address of Principal Business Office or, if none, residence
Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355
(c) – Citizenship
Item 2(c) – Citizenship: Pennsylvania
(d) - Title of Class of Securities
Item 2(d) - Title of Class of Securities: Common Stock
(e) - CUSIP Number
Item 2(e) - CUSIP Number 885160101
- Type of Filing
Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
- Ownership
Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.
- Ownership of Five Percent or Less of a Class
Item 5 - Ownership of Five Percent or Less of a Class: 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 5 percent of the class of securities, check the following
- Ownership of More Than Five Percent on Behalf of Another Person
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable
- Identification and Classification of Members of Group
Item 8 - Identification and Classification of Members of Group: Not applicable
- Notice of Dissolution of Group
Item 9 - Notice of Dissolution of Group: Not applicable
- Certification
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 in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration