SCHEDULE 13G/A: Wellington Management Entities Disclose 3.48% Stake in Andina Bottling Co. Preferred Stock

Wellington Management Group LLP and its affiliates have filed an amended Schedule 13G, reporting a 3.48% beneficial ownership stake in Andina Bottling Co. Inc.'s Preferred Stock as of March 31, 2025.

Summary

• Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP collectively reported beneficial ownership of 16,462,029 shares of Andina Bottling Co. Inc.'s Preferred Stock.
• This ownership represents 3.48% of the total class of securities.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
• The reporting persons hold shared voting power over 12,857,233 shares and shared dispositive power over 16,462,029 shares.
• The securities are owned of record by clients of various investment advisers under the Wellington Management Group, who retain the right to receive dividends or proceeds from the sale of these securities.
• The filing certifies that the securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Schedule 13G) reporting beneficial ownership. It is purely factual and does not convey positive or negative sentiment regarding the issuer's performance or outlook. The ownership percentage is below the 5% threshold for a 13D, indicating a passive investment.

Industry Context

This filing reflects a routine disclosure of institutional ownership in a publicly traded company within the beverage bottling industry. Such filings provide transparency regarding significant stakes held by investment firms, which can influence market perception of a company's investor base and stability of its shareholder register.

Stakeholder Impact

• This filing provides transparency to shareholders and potential investors regarding the beneficial ownership structure of Andina Bottling Co. Inc.'s Preferred Stock by a major institutional investor, Wellington Management Group LLP and its affiliates.

Key Dates

Keywords

Andina Bottling Co Inc, Preferred Stock, Wellington Management Group, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Management, Institutional Investor