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SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
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SCHEDULE 13G/A
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Under the Securities Exchange Act of 1934
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(Amendment No.1)*
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Grupo Televisa, S.A.B.
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(Name of Issuer)
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Series "L" Shares, without par value represented by Ordinary Participation Certificates represented by Global Depositary Shares
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(Title of Class of Securities)
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40049J206**
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(CUSIP Number)
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December 31, 2017
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(Date of Event Which Requires Filing of This Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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☐
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Rule 13d-1(b)
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X
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Rule 13d-1(c)
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☐
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Rule 13d-1(d)
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(Page 1 of 7 Pages)
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CUSIP No. 40049J206
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13G/A
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Page 2 of 7 Pages
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1
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NAME OF REPORTING PERSON
Lone Pine Capital LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☐
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs.
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.1%
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12
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TYPE OF REPORTING PERSON
OO
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CUSIP No. 40049J206
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13G/A
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Page 3 of 7 Pages
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1
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NAME OF REPORTING PERSON
Stephen F. Mandel, Jr.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☐
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF
SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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7
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SOLE DISPOSITIVE POWER
0
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8
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SHARED DISPOSITIVE POWER
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.1%
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12
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TYPE OF REPORTING PERSON
IN
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CUSIP No. 40049J206
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13G/A
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Page 4 of 7 Pages
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Item 1(a).
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NAME OF ISSUER
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Grupo Televisa, S.A.B. (the "Issuer")
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Item 1(b).
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ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
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AV VASCO DE QUIROGA 2000
COLONIA SANTA FE
MEXICO, D.F. O5 01210
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Item 2(a).
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NAME OF PERSON FILING
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This statement is filed by:
Lone Pine Capital LLC, a Delaware limited liability company ("Lone Pine Capital"), which serves as investment manager to Lone Spruce, L.P., a Delaware limited partnership ("Lone Spruce"), Lone Cascade, L.P., a Delaware limited partnership ("Lone Cascade"), Lone Sierra, L.P., a Delaware limited partnership ("Lone Sierra"), Lone Tamarack, L.P., a Delaware limited partnership ("Lone Tamarack"), Lone Cypress, Ltd., a Cayman Islands exempted company ("Lone Cypress"), Lone Kauri, Ltd., a Cayman Islands exempted company ("Lone Kauri"), Lone Monterey Master Fund, Ltd., a Cayman Islands exempted company ("Lone Monterey Master Fund"), and Lone Savin Master Fund, Ltd., a Cayman Islands exempted company ("Lone Savin Master Fund", and together with Lone Spruce, Lone Cascade, Lone Sierra, Lone Tamarack, Lone Cypress, Lone Kauri, Lone Monterey Master Fund and Lone Savin Master Fund, the "Lone Pine Funds"), with respect to the Common Stock directly held by each of the Lone Pine Funds; and
Stephen F. Mandel, Jr. ("Mr. Mandel"), the managing member of Lone Pine Managing Member LLC, which is the Managing Member of Lone Pine Capital, with respect to the Common Stock directly held by each of the Lone Pine Funds.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons". Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
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Item 2(b).
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ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
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The address of the business office of each of the Reporting Persons is Two Greenwich Plaza, Greenwich, Connecticut 06830.
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Item 2(c).
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CITIZENSHIP
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Lone Pine Capital is a limited liability company organized under the laws of the State of Delaware. Mr. Mandel is a United States citizen.
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Item 2(d). |
TITLE OF CLASS OF SECURITIES
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Series "L" Shares, without par value represented by CPOs represented by GDSs. Each GDS represents five CPOs. Each CPO represents twenty-five Series "A" Shares, twenty-two Series "B" Shares, thirty-five Series "L" Shares and thirty-five Series "D" Shares. In accordance with the bylaws and trust governing the CPOs of the Issuer, non-Mexican holders of CPOs or GDSs are not entitled to vote the Series "A" Shares, Series "B" Shares and Series "D" Shares underlying their securities. Accordingly, as non-Mexican holders, the Reporting Persons are only reporting their beneficial ownership of the Series L Shares herein. |
Item 2(e). |
CUSIP NUMBER
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There is no CUSIP number assigned to the Series L Shares. CUSIP number 40049J206 has been assigned to the GDSs.
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CUSIP No. 40049J206
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13G/A
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Page 5 of 7 Pages
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Item 3.
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IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
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(a)
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Broker or dealer registered under Section 15 of the Act;
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(b)
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Bank as defined in Section 3(a)(6) of the Act;
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(c)
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Insurance company as defined in Section 3(a)(19) of the Act;
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(d)
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Investment company registered under Section 8 of the Investment Company Act of 1940;
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(e)
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
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(g)
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A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
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(i)
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A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
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(j)
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A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
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(k)
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Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
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If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________
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Item 4.
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OWNERSHIP
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A. Lone Pine Capital LLC and Stephen F. Mandel, Jr.
(a) Amount beneficially owned: 3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
(b) Percent of class: 4.1%. The percentages set forth in this Item 4 and in the rest of this Schedule 13G/A are based upon a total of 85,592,124,781 Series L Shares outstanding as of December 31, 2016 as reported in the Form 20-F filed by the Issuer on April 28, 2017.
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 3,516,053,800 Series L Shares represented by 100,458,680 CPOs represented by 20,091,736 GDSs
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CUSIP No. 40049J206
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13G/A
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Page 6 of 7 Pages
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Item 5.
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OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
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Item 6.
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OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
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Not applicable.
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Item 7.
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IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON
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Not applicable
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Item 8.
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IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
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Not applicable
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Item 9.
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NOTICE OF DISSOLUTION OF GROUP
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Not applicable
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Item 10.
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CERTIFICATION
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Each of the Reporting Persons hereby makes the following certification:
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By signing below each Reporting Person certifies that, to the best of his or its 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.
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CUSIP No. 40049J206
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13G/A
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Page 7 of 7 Pages
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By: /s/ Stephen F. Mandel, Jr.
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Stephen F. Mandel, Jr., individually and as
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Managing Member of Lone Pine Managing Member LLC, as Managing Member of Lone Pine Capital LLC
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