SCHEDULE: Wellington Management Boosts Dick's Sporting Goods Stake

Wellington Management Group LLP and its affiliates reported a 10.16% beneficial ownership stake in Dick's Sporting Goods, Inc. common stock as of October 31, 2025.

Summary

• Wellington Management Group LLP and its affiliated entities, including Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, and Wellington Management Company LLP, reported beneficial ownership of common stock in Dick's Sporting Goods, Inc.
• The collective beneficial ownership for the group totals 6,716,859 shares.
• This ownership represents 10.16% of the outstanding common stock of Dick's Sporting Goods, Inc.
• The reporting entities exercise shared voting power over 6,084,998 shares and shared dispositive power over 6,716,859 shares.
• Specifically, Wellington Management Company LLP holds shared voting power over 5,903,296 shares and shared dispositive power over 6,107,574 shares, accounting for 9.2% of the class.
• This document is Amendment No. 3 to a previously filed Schedule 13G.

Sentiment

Score: 6

Explanation: A significant institutional holding (over 10%) by a reputable asset manager like Wellington Management is generally viewed positively by the market, signaling confidence in the issuer. However, it's a routine disclosure and not indicative of new performance.

Positives

• Wellington Management, a prominent institutional investor, holds a substantial stake exceeding 10% in Dick's Sporting Goods, indicating a strong investment conviction.

Future Outlook

NA

Industry Context

This disclosure reflects continued institutional investor confidence in the retail sporting goods sector, with a major asset manager maintaining a significant position in a leading company within the industry.

Stakeholder Impact

• Shareholders: The significant stake held by Wellington Management may instill confidence among other investors, potentially stabilizing or positively influencing share price perception.
• Company Management: A large institutional holder can exert influence on corporate governance and strategic decisions, aligning interests with long-term value creation.

Key Dates

Keywords

Dick's Sporting Goods, Wellington Management, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Schedule 13G, Retail, Sporting Goods