Vanguard Amends Welltower Stake: Holds 10.5% as of Dec 29, 2023

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

Sentiment: neutral

Topics: institutional-ownership, amendment, real-estate, passive-investing

TL;DR

**Vanguard still owns 10.5% of Welltower, watch for any future changes!**

AI Summary

The Vanguard Group, a major investment firm based in Pennsylvania, filed an amendment (SC 13G/A) on February 13, 2024, regarding its ownership in Welltower Inc. As of December 29, 2023, Vanguard reported beneficial ownership of 50,772,600 shares of Welltower's Common Stock, representing 10.5% of the company. This filing indicates Vanguard continues to be a significant institutional holder, which can provide stability but also means a large block of shares could be sold, potentially impacting the stock price.

Why It Matters

This filing confirms Vanguard remains a major shareholder in Welltower, signaling continued institutional confidence, but also highlights the potential for price volatility if such a large holder changes its position.

Risk Assessment

Risk Level: medium — While Vanguard's continued large stake suggests stability, any future reduction in their 10.5% ownership could put downward pressure on Welltower's stock price.

Analyst Insight

An investor should note Vanguard's continued significant stake (10.5%) in Welltower, which suggests institutional confidence. However, they should also monitor future 13G/A filings for any substantial changes in Vanguard's position, as a large sell-off could negatively impact the stock.

Key Numbers

50,772,600 — Shares Beneficially Owned (Represents the total number of Welltower Inc. common shares held by The Vanguard Group as of December 29, 2023.)
10.5% — Percentage of Class (Indicates The Vanguard Group's significant ownership stake in Welltower Inc., making them a major institutional investor.)
December 29, 2023 — Event Date (This is the specific date that triggered the requirement for The Vanguard Group to file this amendment, reflecting their holdings on that day.)

Key Players & Entities

The Vanguard Group (company) — reporting person and major shareholder
Welltower Inc. (company) — subject company whose securities are being reported
50,772,600 shares (dollar_amount) — number of shares beneficially owned by Vanguard
10.5% (dollar_amount) — percentage of Welltower's Common Stock beneficially owned by Vanguard
December 29, 2023 (date) — date of the event requiring the filing
February 13, 2024 (date) — date the SC 13G/A filing was made

Forward-Looking Statements

Vanguard will maintain a significant, but potentially slightly adjusted, stake in Welltower Inc. over the next year. (The Vanguard Group) — high confidence, target: December 31, 2024

FAQ

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

This SC 13G/A filing is an amendment (Amendment No.: 18) to a Schedule 13G, indicating an update to The Vanguard Group's beneficial ownership of Welltower Inc. common stock as required by Rule 13d-1(b) of the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is The Vanguard Group, with an I.R.S. IDENTIFICATION NO. of 23-1945930 and organized in Pennsylvania.

What company's securities are being reported on?

The securities being reported on are the Common Stock of Welltower Inc., identified by CUSIP Number 95040Q104.

As of what date did the event requiring this filing occur?

The date of the event which requires the filing of this statement was December 29, 2023.

What percentage of Welltower Inc.'s Common Stock does The Vanguard Group beneficially own according to this filing?

The Vanguard Group beneficially owns 10.5% of Welltower Inc.'s Common Stock, representing 50,772,600 shares.

From the Filing

0001104659-24-022292.txt : 20240213 0001104659-24-022292.hdr.sgml : 20240213 20240213171737 ACCESSION NUMBER: 0001104659-24-022292 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: WELLTOWER INC. CENTRAL INDEX KEY: 0000766704 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 341096634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43380 FILM NUMBER: 24630009 BUSINESS ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 BUSINESS PHONE: 419-247-2800 MAIL ADDRESS: STREET 1: 4500 DORR STREET CITY: TOLEDO STATE: OH ZIP: 43615 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH CARE REIT INC /DE/ DATE OF NAME CHANGE: 19920703 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 tv02268-welltowerinc.htm SCHEDULE 13G/A welltowerinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 18)* Name of issuer:  Welltower Inc Title of Class of Securities:  Common Stock CUSIP Number:  95040Q104 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.:  95040Q104 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 1,125,020 7.  SOLE DISPOSITIVE POWER 83,182,573 8.  SHARED DISPOSITIVE POWER 2,747,270 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 85,929,843 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 15.45% 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: Welltower Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 4500 Dorr Street Toledo, OH 43615 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 Stoc