Filing Details

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. 2)*

 

Under the Securities Exchange Act of 1934

 

 

Advance Auto Parts, Inc.

(Name of Issuer)

 

 

Common Stock, $0.0001 par value

(Title of Class of Securities)

 

 

00751Y106

(CUSIP Number)

 

 

February 21, 2024

(Date of Event which Requires Filing of this Statement)

 

Check the following box to designate the rule pursuant to which the Schedule is filed:

 

¨

Rule 13d-1(b)

x

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).

 

 

  

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 2 of 8

 

1	NAMES OF REPORTING PERSONS D. E. Shaw & Co., L.L.C.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER -0-
	6	SHARED VOTING POWER 2,989,506
	7	SOLE DISPOSITIVE POWER -0-
	8	SHARED DISPOSITIVE POWER 2,989,506

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,989,506
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO

   

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 3 of 8

   

1	NAMES OF REPORTING PERSONS D. E. Shaw & Co., L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER -0-
	6	SHARED VOTING POWER 3,751,806
	7	SOLE DISPOSITIVE POWER -0-
	8	SHARED DISPOSITIVE POWER 3,798,552

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,798,552
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.4%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA, PN

   

 

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 4 of 8

   

1	NAMES OF REPORTING PERSONS David E. Shaw
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)	(a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER -0-
	6	SHARED VOTING POWER 3,751,806
	7	SOLE DISPOSITIVE POWER -0-
	8	SHARED DISPOSITIVE POWER 3,798,552

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,798,552
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.4%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

    

 

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 5 of 8

 

Item 1.
	(a)	Name of Issuer
		Advance Auto Parts, Inc.
	(b)	Address of Issuer's Principal Executive Offices
		4200 Six Forks Road   Raleigh, North Carolina 27609
Item 2.
	(a)	Name of Person Filing
		D. E. Shaw & Co., L.L.C.   D. E. Shaw & Co., L.P.   David E. Shaw
	(b)	Address of Principal Business Office or, if none, Residence
		The business address for each reporting person is:   1166 Avenue of the Americas, 9th Floor   New York, NY 10036
	(c)	Citizenship
		D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware.   D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware.   David E. Shaw is a citizen of the United States of America.
	(d)	Title of Class of Securities
		Common Stock, $0.0001 par value
	(e)	CUSIP Number
		00751Y106

 

Item 3.	If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
Not Applicable
Item 4.	Ownership

 

As of February 21, 2024:

 

	(a)	Amount beneficially owned:
			D. E. Shaw & Co., L.L.C.:	2,989,506 shares This is composed of (i) 1,754,576 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 88,800 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,139,817 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iv) 6,313 shares in the name of D. E. Shaw Investment Management Special Investment Fund, L.L.C.
			D. E. Shaw & Co., L.P.:	3,798,552 shares This is composed of (i) 1,754,576 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 88,800 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,139,817 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iv) 815,359 shares under the management of D. E. Shaw Investment Management, L.L.C.

 

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 6 of 8

 

David E. Shaw:

3,798,552 shares This is composed of (i) 1,754,576 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (ii) 88,800 shares that D. E. Shaw Valence Portfolios, L.L.C. has the right to acquire through the exercise of call options, (iii) 1,139,817 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., and (iv) 815,359 shares under the management of D. E. Shaw Investment Management, L.L.C.

 

	(b)	Percent of class:
			D. E. Shaw & Co., L.L.C.:	5.0%
			D. E. Shaw & Co., L.P.:	6.4%
			David E. Shaw:	6.4%

 

	(c)	Number of shares to which the person has:
		(i)	Sole power to vote or to direct the vote:
			D. E. Shaw & Co., L.L.C.:	-0- shares
			D. E. Shaw & Co., L.P.:	-0- shares
			David E. Shaw:	-0- shares

 

		(ii)	Shared power to vote or to direct the vote:
			D. E. Shaw & Co., L.L.C.:	2,989,506 shares
			D. E. Shaw & Co., L.P.:	3,751,806 shares
			David E. Shaw:	3,751,806 shares

 

		(iii)	Sole power to dispose or to direct the disposition of:
			D. E. Shaw & Co., L.L.C.:	-0- shares
			D. E. Shaw & Co., L.P.:	-0- shares
			David E. Shaw:	-0- shares

 

		(iv)	Shared power to dispose or to direct the disposition of:
			D. E. Shaw & Co., L.L.C.:	2,989,506 shares
			D. E. Shaw & Co., L.P.:	3,798,552 shares
			David E. Shaw:	3,798,552 shares

 

David E. Shaw does not own any shares directly. By virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Valence Portfolios, L.L.C. and D. E. Shaw Oculus Portfolios, L.L.C. and the managing member of D. E. Shaw Investment Management, L.L.C., which in turn is the investment adviser of D. E. Shaw Investment Management Special Investment Fund, L.L.C., and by virtue of David E. Shaw’s position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Oculus Portfolios, L.L.C., and D. E. Shaw Investment Management Special Investment Fund, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of 3,751,806 shares, and the shared power to dispose or direct the disposition of 3,798,552 shares, the 3,798,552 shares as described above constituting 6.4% of the outstanding shares, and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 3,798,552 shares.

 

Item 5.	Ownership of Five Percent or Less of a Class
Not Applicable
Item 6.	Ownership of More than Five Percent on Behalf of Another Person
Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
Not Applicable

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 7 of 8

 

Item 8.	Identification and Classification of Members of the Group
Not Applicable
Item 9.	Notice of Dissolution of Group
Not Applicable

 

Item 10.

Certification

By signing below, each of D. E. Shaw & Co., L.L.C., D. E. Shaw & Co., L.P., and David E. Shaw certify that, to the best of such reporting person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

CUSIP No. 00751Y106

SCHEDULE 13G/A

Page 8 of 8

  

SIGNATURE

 

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete, and correct. Powers of Attorney, dated March 1, 2017, granted by David E. Shaw in favor of Nathan Thomas, are attached hereto.

 

Dated: March 4, 2024 

 

	D. E. Shaw & Co., L.L.C.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Authorized Signatory

 

 

	D. E. Shaw & Co., L.P.
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Chief Compliance Officer

 

 

	David E. Shaw
	By:	/s/ Nathan Thomas
		Nathan Thomas
		Attorney-in-Fact for David E. Shaw