Vanguard Trims Amphenol Stake to 11.8% as of Dec 29, 2023

TL;DR

**Vanguard slightly cut its Amphenol stake to 11.8% as of year-end.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its SC 13G filing on February 13, 2024, disclosing its ownership in Amphenol Corporation Class A common stock as of December 29, 2023. Vanguard now beneficially owns 71,442,149 shares, representing 11.8% of Amphenol's outstanding shares. This is a slight decrease from its previous reported ownership, indicating a minor reduction in Vanguard's passive investment in Amphenol.

Why It Matters

This filing shows that a major institutional investor, Vanguard, has slightly reduced its stake in Amphenol, which could signal a minor shift in their passive investment strategy for the company.

Risk Assessment

Risk Level: low — The change in ownership by a passive institutional investor like Vanguard is minor and does not indicate any significant operational or financial risk for Amphenol.

Analyst Insight

Investors should note that a major passive fund manager slightly reduced its stake, which is a minor data point. It doesn't suggest a strong buy or sell signal, but rather a routine adjustment by a large institutional holder. Monitor future filings for more significant changes by institutional investors.

Key Numbers

• 71,442,149 — Total Shares Beneficially Owned (Represents Vanguard's total holding in Amphenol as of December 29, 2023.)
• 11.8% — Percentage of Class Owned (Indicates Vanguard's significant, but slightly reduced, passive stake in Amphenol.)
• 70,690,244 — Sole Dispositive Power Shares (Shows the number of shares Vanguard can sell or dispose of independently.)
• 751,905 — Shared Voting Power Shares (Represents shares where Vanguard shares voting rights with others.)
• December 29, 2023 — Event Date (The specific date on which the reported ownership change occurred.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Amphenol Corporation Class A (company) — issuer of the common stock
• 71,442,149 (dollar_amount) — total shares beneficially owned by Vanguard
• 11.8% (dollar_amount) — percentage of Amphenol's class of securities owned by Vanguard
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard will maintain a significant, but passive, stake in Amphenol, likely adjusting holdings based on index rebalancing. (The Vanguard Group) — high confidence, target: Next 12 months

FAQ

Filing Documents

• tv0282-amphenolcorporationcl.htm (SC 13G/A) — 11KB
• 0001104659-24-020279.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Amphenol Corporation Class A

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 358 Hall Avenue Wallingford, CT 06492-3574

(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 032095101

- 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