Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Wix.com Ltd. Major Shareholding Notification 2018

Feb 14, 2018

30764_mrq_2018-02-14_0eaea4f2-fe7a-4e89-a13b-992ca7cf79e1.zip

Major Shareholding Notification

Open in viewer

Opens in your device viewer

SC 13G/A 1 wix13ga-021418.htm FEBRUARY 14, 2018 Licensed to: Kleinberg, Kaplan, Wolff & Cohen, P.C. Document created using EDGARfilings PROfile 4.3.3.1 Copyright 1995 - 2018 Summit Financial Printing, LLC. All rights reserved.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

(RULE 13D - 102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2

(Amendment No. 4)*

Wix.com Ltd.

(Name of Issuer)

Ordinary shares, par value NIS 0.01 per share

(Title of Class of Securities)

M98068105

(CUSIP Number)

December 31, 2017

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this 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 disclosures provided in a prior cover page.

The information required on 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 (the "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 ).

1. NAMES OF REPORTING PERSONS
Robert S. Pitts, Jr.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
3,985,687
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
3,985,687
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,985,687
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%
12. TYPE OF REPORTING PERSON
IN
1. NAMES OF REPORTING PERSONS
Steadfast Capital Management LP
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
3,777,849
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
3,777,849
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,777,849
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.3%
12. TYPE OF REPORTING PERSON
PN
1. NAMES OF REPORTING PERSONS
Steadfast Advisors LP
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
164,316
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
164,316
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
164,316
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%
12. TYPE OF REPORTING PERSON
PN
1. NAMES OF REPORTING PERSONS
Steadfast Long Financial LP
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
43,522
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
43,522
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,522
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%
12. TYPE OF REPORTING PERSON
PN
1. NAMES OF REPORTING PERSONS
Steadfast Capital, L.P.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
164,316
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
164,316
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
164,316
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%
12. TYPE OF REPORTING PERSON
PN
1. NAMES OF REPORTING PERSONS
American Steadfast, L.P.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
1,335,254
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
1,335,254
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,335,254
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.9%
12. TYPE OF REPORTING PERSON
PN
1. NAMES OF REPORTING PERSONS
Steadfast International Master Fund Ltd.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER
0
6. SHARED VOTING POWER
2,442,595
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
2,442,595
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,442,595
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.4%
12. TYPE OF REPORTING PERSON
CO
1. NAMES OF REPORTING PERSONS
Steadfast Long Capital, L.P.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [x]
(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
43,522
7. SOLE DISPOSITIVE POWER
0
8. SHARED DISPOSITIVE POWER
43,522
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,522
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Less than 1%
12. TYPE OF REPORTING PERSON
PN

This statement is filed with respect to the Ordinary Shares, par value NIS 0.01 per share (the "Ordinary Shares") of Wix.com Ltd. (the "Issuer") beneficially owned by the Reporting Persons (as defined below) as of December 31, 2017 and amends and supplements the Schedule 13G filed on December 8, 2014, as previously amended (collectively, the "Schedule 13G"). Except as set forth herein, the Schedule 13G is unmodified.

The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are:

  • Robert S. Pitts, Jr., a United States Citizen ("Mr. Pitts").

  • Steadfast Capital Management LP, a Delaware limited partnership (the "Investment Manager").

  • Steadfast Advisors LP, a Delaware limited partnership (the "Managing General Partner").

  • Steadfast Long Financial LP, a Delaware limited partnership (the "Long Investment Manager").

  • Steadfast Capital, L.P., a Delaware limited partnership ("Steadfast Capital").

  • American Steadfast, L.P., a Delaware limited partnership ("American Steadfast").

  • Steadfast International Master Fund Ltd., a Cayman Islands exempted company (the "Offshore Fund").

  • Steadfast Long Capital, L.P., a Delaware limited partnership ("Long Capital").

Mr. Pitts is the controlling principal of the Investment Manager, the Managing General Partner and the Long Investment Manager. The Managing General Partner has the power to vote and dispose of the securities held by Steadfast Capital. The Investment Manager has the power to vote and dispose of the securities held by American Steadfast and the Offshore Fund. The Long Investment Manager has the power to vote and dispose of the securities held by Long Capital.

ITEM 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer.

(a) Amount beneficially owned:

(i) Mr. Pitts beneficially owns 3,985,687 Ordinary Shares.

(ii) The Investment Manager beneficially owns 3,777,849 Ordinary Shares.

(iii) The Managing General Partner beneficially owns 164,316 Ordinary Shares.

(iv) The Long Investment Manager beneficially owns 43,522 Ordinary Shares

(v) Steadfast Capital owns 164,316 Ordinary Shares.

(vi) American Steadfast owns 1,335,254 Ordinary Shares.

(vii) The Offshore Fund owns 2,442,595 Ordinary Shares.

(viii) Long Capital owns 43,522 Ordinary Shares.

(ix) Collectively, the Reporting Persons beneficially own 3,985,687 Ordinary Shares.

(b) Percent of class:

(i) Mr. Pitts' beneficial ownership of 3,985,687 Ordinary Shares represents 8.8% of the outstanding Ordinary Shares.

(ii) The Investment Manager's beneficial ownership of 3,777,849 Ordinary Shares represents 8.3% of the outstanding Ordinary Shares.

(iii) The Managing General Partner's beneficial ownership of 164,316 Ordinary Shares represents less than 1% of the outstanding Ordinary Shares.

(iv) The Long Investment Manager's beneficial ownership of 43,522 Ordinary Shares represents less than 1% of the outstanding Ordinary Shares.

(v) Steadfast Capital's beneficial ownership of 164,316 Ordinary Shares represents less than 1% of the outstanding Ordinary Shares.

(vi) American Steadfast's beneficial ownership of 1,335,254 Ordinary Shares represents 2.9% of the outstanding Ordinary Shares.

(vii) The Offshore Fund's beneficial ownership of 2,442,595 Ordinary Shares represents 5.4% of the outstanding Ordinary Shares.

(viii) Long Capital's beneficial ownership of 43,522 Ordinary Shares represents less than 1% of the outstanding Ordinary Shares.

(ix) Collectively, the Reporting Persons' beneficial ownership of 3,985,687 Ordinary Shares represents 8.8% of the outstanding Ordinary Shares.

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote of Ordinary Shares:

Not applicable.

(ii) Shared power to vote or to direct the vote of Ordinary Shares:

Steadfast Capital has shared power with the Managing General Partner and Mr. Pitts to vote or direct the vote of the 164,316 Ordinary Shares beneficially owned by Steadfast Capital.

American Steadfast has shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 1,335,254 Ordinary Shares beneficially owned by American Steadfast.

The Offshore Fund has shared power with the Investment Manager and Mr. Pitts to vote or direct the vote of the 2,442,595 Ordinary Shares beneficially owned by the Offshore Fund.

Long Capital has shared power with the Long Investment Manager and Mr. Pitts to vote or direct the vote of the 43,522 Ordinary Shares beneficially owned by Long Capital.

(iii) Sole power to dispose or to direct the disposition of Ordinary Shares:

Not applicable.

(iv) Shared power to dispose or to direct the disposition of Ordinary Shares:

Steadfast Capital has shared power with the Managing General Partner and Mr. Pitts to dispose or direct the disposition of the 164,316 Ordinary Shares beneficially owned by Steadfast Capital.

American Steadfast has shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 1,335,254 Ordinary Shares beneficially owned by American Steadfast.

The Offshore Fund has shared power with the Investment Manager and Mr. Pitts to dispose or direct the disposition of the 2,442,595 Ordinary Shares beneficially owned by the Offshore Fund.

Long Capital has shared power with the Long Investment Manager and Mr. Pitts to dispose or direct the disposition of the 43,522 Ordinary Shares beneficially owned by Long Capital.

ITEM 10. Certification.

By signing below the undersigned certifies that, to the best of its or his 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.

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

Dated: February 14, 2018

STEADFAST CAPITAL MANAGEMENT LP
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President
STEADFAST ADVISORS LP
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President
STEADFAST LONG FINANCIAL LP
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President
STEADFAST CAPITAL, L.P.
By: STEADFAST ADVISORS LP, as Managing General Partner
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President
AMERICAN STEADFAST, L.P.
By: STEADFAST CAPITAL MANAGEMENT LP, Attorney-in-Fact
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President
STEADFAST INTERNATIONAL MASTER FUND LTD.
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
Director
/s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
STEADFAST LONG CAPITAL, L.P. By: STEADFAST LONG FINANCIAL LP, Attorney-in-Fact
By: /s/ Robert S. Pitts, Jr.
Robert S. Pitts, Jr.
President