Capital World Investors (NSIT) exits Insight Enterprises with 0% ownership
Rhea-AI Filing Summary
Capital World Investors, an institutional investment manager, reported that it no longer beneficially owns any common stock of Insight Enterprises, Inc., reducing its holdings to 0 shares, or 0.0% of the class. The filing is an amended Schedule 13G reflecting ownership of 5 percent or less of this security class.
The firm notes that 30,979,597 shares of Insight Enterprises’ common stock are believed to be outstanding, underscoring that it now has no voting or dispositive power over any of these shares. Capital World Investors also certifies that any prior holdings were in the ordinary course of business and not for the purpose of influencing control of Insight Enterprises.
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Insights
Large institutional holder amends its position to zero ownership, signaling an exit but not altering company fundamentals.
Capital World Investors now reports beneficial ownership of 0 shares, or 0.0% of the common stock of Insight Enterprises, Inc., out of 30,979,597 shares believed outstanding. This moves the firm below the 5% reporting threshold that triggers Schedule 13D/13G filings.
The filer states it has no sole or shared voting or dispositive power, meaning it no longer has formal influence through share ownership. It also certifies that any securities were held in the ordinary course of business and not to change or influence control of Insight.
This change mainly affects the company’s shareholder base composition rather than operations or earnings. Future ownership disclosures from other large holders in subsequent regulatory reports may further clarify how Insight’s institutional investor mix is evolving over time.