Vanguard Amends O'Reilly Auto Stake, Reports 78,865 Shared Voting Shares

TL;DR

**Vanguard updated its O'Reilly Auto (ORLY) filing, showing 78,865 shares with shared voting power as of Dec 29, 2023.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its SC 13G filing for O'Reilly Automotive Inc. on February 13, 2024. As of December 29, 2023, Vanguard reported shared voting power over 78,865 shares of O'Reilly Automotive's common stock, indicating a minor adjustment in their passive investment stake. This matters to investors because Vanguard is a significant institutional holder, and changes in their reported holdings, even small ones, can reflect shifts in their passive investment strategy or rebalancing of their index funds.

Why It Matters

This filing shows Vanguard's updated, albeit passive, ownership in O'Reilly Automotive, providing transparency into a major institutional investor's position. While the change is small, it confirms Vanguard's continued presence as a significant shareholder.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any significant change in company control or strategy.

Analyst Insight

Investors should note that this is a routine update from a passive institutional investor, not an active investment decision. It confirms Vanguard's continued, albeit small, stake in O'Reilly Automotive, which is typical for index-tracking funds. No immediate action is suggested based on this filing alone.

Key Numbers

• 78,865 — Shared Voting Power Shares (Represents the number of O'Reilly Automotive shares over which Vanguard has shared voting power as of December 29, 2023.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• O'Reilly Automotive Inc. (company) — subject company whose securities are being reported
• 78,865 (dollar_amount) — number of shares with shared voting power
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — date the filing was made

Forward-Looking Statements

• Vanguard will continue to hold a passive investment in O'Reilly Automotive Inc. (The Vanguard Group) — high confidence, target: Next 12 months

FAQ

From the Filing

0001104659-24-021640.txt : 20240213 0001104659-24-021640.hdr.sgml : 20240213 20240213171222 ACCESSION NUMBER: 0001104659-24-021640 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: O REILLY AUTOMOTIVE INC CENTRAL INDEX KEY: 0000898173 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 274358837 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45055 FILM NUMBER: 24629389 BUSINESS ADDRESS: STREET 1: 233 S PATTERSON AVE CITY: SPRINGFIELD STATE: MO ZIP: 65802 BUSINESS PHONE: 417-829-5878 MAIL ADDRESS: STREET 1: 233 S PATTERSON AVE CITY: SPRINGFIELD STATE: MO ZIP: 65802 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 tv01626-oreillyautomotiveinc.htm SCHEDULE 13G/A oreillyautomotiveinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 12)* Name of issuer:  O'Reilly Automotive Inc Title of Class of Securities:  Common Stock CUSIP Number:  67103H107 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.:  67103H107 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 78,865 7.  SOLE DISPOSITIVE POWER 4,752,986 8.  SHARED DISPOSITIVE POWER 255,351 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,008,337 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 8.47% 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: O'Reilly Automotive Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 233 South Patterson Avenue Springfield, MO 65802-2298 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 Stock Item 2(e) - CUSIP Number 67103H107 Item 3 - Type of Fi