Vanguard Discloses 7.1% Stake in Monster Beverage (MNST)

TL;DR

**Vanguard still owns a big chunk of Monster Beverage, showing long-term confidence.**

AI Summary

The Vanguard Group, a major investment firm, filed an updated SC 13G/A on February 13, 2024, disclosing its ownership of 37,295,969 shares of Monster Beverage Corp (MNST) common stock as of December 29, 2023. This represents a 7.1% stake in the company. This filing indicates Vanguard's continued significant passive investment in Monster Beverage, which is important for investors as large institutional holdings can provide a degree of stability and confidence in the stock.

Why It Matters

This filing confirms Vanguard's substantial, passive investment in Monster Beverage, signaling continued institutional confidence in the company's long-term prospects.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate risks or changes in company operations.

Analyst Insight

Investors should note Vanguard's continued substantial, passive holding in Monster Beverage, which suggests long-term institutional confidence without indicating any active management or strategic changes.

Key Numbers

• 37,295,969 — Shares Beneficially Owned (The total number of Monster Beverage common stock shares held by The Vanguard Group as of December 29, 2023.)
• 7.1% — Ownership Percentage (The percentage of Monster Beverage's common stock that The Vanguard Group beneficially owns.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Monster Beverage Corp (company) — subject company whose shares are being reported
• 37,295,969 shares (dollar_amount) — total number of shares of common stock beneficially owned by Vanguard
• 7.1% (dollar_amount) — percentage of Monster Beverage's common stock owned by Vanguard
• December 29, 2023 (date) — date of the event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

Forward-Looking Statements

• Vanguard will likely maintain a significant, passive stake in Monster Beverage Corp. (The Vanguard Group) — high confidence, target: Next 12-24 months

FAQ

From the Filing

0001104659-24-021493.txt : 20240213 0001104659-24-021493.hdr.sgml : 20240213 20240213170939 ACCESSION NUMBER: 0001104659-24-021493 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: Monster Beverage Corp CENTRAL INDEX KEY: 0000865752 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 471809393 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41221 FILM NUMBER: 24629000 BUSINESS ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 BUSINESS PHONE: 909-739-6200 MAIL ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 FORMER COMPANY: FORMER CONFORMED NAME: HANSEN NATURAL CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: UNIPAC CORP DATE OF NAME CHANGE: 19600201 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 tv01482-monsterbeveragecorp.htm SCHEDULE 13G/A monsterbeveragecorp SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 6)* Name of issuer:  Monster Beverage Corp Title of Class of Securities:  Common Stock CUSIP Number:  61174X109 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.:  61174X109 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 1,006,141 7.  SOLE DISPOSITIVE POWER 60,461,495 8.  SHARED DISPOSITIVE POWER 3,220,711 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 63,682,206 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 6.12% 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: Monster Beverage Corp Item 1(b) - Address of Issuer's Principal Executive Offices: 1 Monster Way Corona, CA 92879-7113 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) &#82