Edgewood Management Updates Match Group Stake as of Dec 31, 2023

TL;DR

**Edgewood Management still holds Match Group shares, showing continued institutional confidence.**

AI Summary

Edgewood Management LLC, an investment adviser, filed an amended Schedule 13G/A on February 13, 2024, indicating its ownership of Match Group, Inc. common stock as of December 31, 2023. This filing updates their previous disclosures, showing their continued significant, but passive, investment in the dating app giant. For investors, this means a major institutional holder remains committed to Match Group, which can be a sign of confidence in the company's long-term prospects.

Why It Matters

This filing confirms a large institutional investor, Edgewood Management LLC, maintains a significant, passive stake in Match Group, signaling their continued belief in the company's value.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate new risks or significant changes in their investment strategy.

Analyst Insight

An investor should note that a major institutional holder is maintaining its position, which can be a positive signal, but this filing alone doesn't suggest any immediate buy/sell action. It's a routine update confirming existing institutional interest.

Key Players & Entities

• Edgewood Management LLC (company) — the reporting person and institutional investor
• Match Group, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 13, 2024 (date) — the filing date of the SC 13G/A
• 0000891103 (number) — Central Index Key (CIK) for Match Group, Inc.
• 0000860561 (number) — Central Index Key (CIK) for Edgewood Management LLC

Forward-Looking Statements

• Edgewood Management LLC will maintain a significant, passive stake in Match Group, Inc. throughout 2024. (Edgewood Management LLC) — medium confidence, target: December 31, 2024
• Match Group, Inc. will continue to be a focus for institutional investors due to its market position. (Match Group, Inc.) — high confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• d10978507_13g-a.htm (SC 13G/A) — 70KB
• 0000919574-24-000987.txt ( ) — 72KB

From the Filing

SC 13G/A 1 d10978507_13g-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 2)* Match Group, Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 57667L107 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] 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). CUSIP No. 57667L107 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Edgewood Management LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Connecticut NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA ____________ (1) Edgewood Management LLC may be deemed to be the beneficial owner of such securities by virtue of its role as the investment manager of the investment funds or accounts which own such securities. CUSIP No. 57667L107 Item 1. (a). Name of Issuer: Match Group, Inc. (b). Address of issuer's principal executive offices: 8750 North Central Expressway, Suite 1400 Dallas, TX 75231 Item 2. (a). Name of person filing: Edgewood Management LLC (b). Address or principal business office or, if none, residence: 600 Steamboat Road, Suite 103 Greenwich, Connecticut 06830 (c). Citizenship: Connecticut (d). Title of class of securities: Common Stock, $0.001 par value (e). CUSIP No.: 57667L107 Item 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 0 (b) Percent of class: 0.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 , (ii) Shared power to vote or to direct the vote 0 , (iii) Sole power to dispose or to direct the disposition of 0 , (iv) Shared power to dispose or to direct the disposition of 0 . Item 5. 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 five percent of the class of securities, check the following [X]. Item 6. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates

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