According to a recent 13G filing with the US SEC, Clearbridge Investments, LLC owns 1.09 million shares of MINDBODY Inc (NASDAQ:MB), which account for 6.68% of the company’s outstanding stock. This is slightly less compared to 1.11 million shares of MINDBODY that Clearbridge Investments reported in an earlier filing. MINDBODY is engaged in operating an online wellness services marketplace and through its platform it allows businesses to manage its schedules, staff, client information, online bookings, retail sales, and other details. The stock is down by nearly 10% year-to-date.
Among the investors tracked by Insider Monkey, 12 reported long positions in MINDBODY Inc (NASDAQ:MB) as of the end of December, versus nine funds a quarter earlier. More specifically, Abdiel Capital Advisors, managed by Colin Moran, holds the number one position in MINDBODY Inc (NASDAQ:MB), which was worth $31.2 million at the end of the last year and was initiated during the fourth quarter of 2015. The second most bullish fund manager is Jericho Capital Asset Management, led by Josh Resnick, holding a $10.6 million position. Some other hedge funds and institutional investors that are bullish contain Jack Ripsteen’s Potrero Capital Research, Doug Gordon, Jon Hilsabeck and Don Jabro’s Shellback Capital and David Costen Haley’s HBK Investments.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Clearbridge Investments | 1,091,892 | 0 | 1,091,892 | 0 | 1,091,892 | 6.68% |
Page 1 of 3 – SEC Filing
STATES
SECURITIES AND EXCHANGE COMMISSION
D.C. 20549
13G
the Securities Exchange Act of 1934
(Amendment No.
02)*
of Issuer)
(Title of Class of Securities)
(CUSIP Number)
(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)
o
Rule
13d-1(c)
o
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.
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).
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Page 2 of 3 – SEC Filing
| CUSIP No. | 60255W105 |
| 1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||||
| Clearbridge Investments, LLC 01-0846058 | |||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) | ||||
| (a) o | |||||
| (b) o | |||||
| 3 | SEC USE ONLY | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
| Delaware Limited Liability Corporation | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 5 | SOLE VOTING POWER | |||
| 1,091,892 | |||||
| 6 | SHARED VOTING POWER | ||||
| 0 | |||||
| 7 | SOLE DISPOSITIVE POWER | ||||
| 1,091,892 | |||||
| 8 | SHARED DISPOSITIVE POWER | ||||
| 0 | |||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
| 1,091,892 | |||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||
| o | |||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
| 6.68% | |||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||
| IA | |||||
FOOTNOTES | |||||
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Page 3 of 3 – SEC Filing
reasonable inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement is true, complete and correct.
| ClearBridge Investments, LLC | |||
| Date: April 11, 2016 | By: | /s/ Barbara Brooke Manning | |
Name: Barbara Brooke Manning | |||
Title: General Counsel & Chief Compliance Offier | |||
| Footnotes: |
| Attention: | Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001) |
