Amended Statement of Ownership (sc 13g/a)
February 14 2017 - 4:45PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE
13G/A
(Rule 13d-102)
(Amendment No. 3)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Interactive
Brokers Group, Inc.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
45841N107
(CUSIP Number)
December 31, 2016
(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)
☐ Rule 13d-1(c)
☐
Rule 13d-1(d)
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CUSIP No. 45841N107
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13G/A
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1
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NAME OF
REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Teton Capital Partners, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*
(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
Texas
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5
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SOLE VOTING POWER
3,301,252
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6
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SHARED VOTING POWER
0
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7
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SOLE DISPOSITIVE POWER
3,301,252
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8
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SHARED DISPOSITIVE POWER
0
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,301,252
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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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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
4.9% **
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12
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TYPE OF REPORTING PERSON*
PN
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*
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SEE INSTRUCTIONS BEFORE FILLING OUT
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2
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CUSIP No. 45841N107
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13G/A
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1
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NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ancient Art, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*
(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
Texas
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
3,301,252
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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
3,301,252
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,301,252
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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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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
4.9% **
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12
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TYPE OF REPORTING PERSON*
PN, IA
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*
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SEE INSTRUCTIONS BEFORE FILLING OUT
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3
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CUSIP No. 45841N107
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13G/A
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1
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NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Whitney, L.P.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*
(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
Texas
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
3,301,252
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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
3,301,252
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,301,252
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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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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
4.9% **
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12
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TYPE OF REPORTING PERSON*
PN
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*
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SEE INSTRUCTIONS BEFORE FILLING OUT
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4
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CUSIP No. 45841N107
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13G/A
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1
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NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Trango II, L.L.C.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*
(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
Texas
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
0
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6
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SHARED VOTING POWER
3,301,252
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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
3,301,252
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,301,252
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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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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
4.9% **
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12
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TYPE OF REPORTING PERSON*
OO
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*
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SEE INSTRUCTIONS BEFORE FILLING OUT
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5
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CUSIP No. 45841N107
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13G/A
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1
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NAME
OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Quincy J. Lee
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*
(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
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
188,465
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6
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SHARED VOTING POWER
3,301,252
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7
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SOLE DISPOSITIVE POWER
188,465
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8
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SHARED DISPOSITIVE POWER
3,301,252
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,489,717
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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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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9
5.1% **
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12
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TYPE OF REPORTING PERSON*
IN
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*
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SEE INSTRUCTIONS BEFORE FILLING OUT
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6
SCHEDULE 13G/A
This Amendment No. 3 to the Schedule 13G (this “Schedule 13G”) relates to shares of Common Stock, par value $.01 per share
(“Common Stock”), of Interactive Brokers Group, Inc., a Delaware corporation (the “Issuer”), and is being filed on behalf of (i) Teton Capital Partners, L.P. (the “Fund”), a Texas limited partnership,
(ii) Ancient Art, L.P. (“Ancient Art”), a Texas limited partnership, as the investment manager to the Fund, (iii) Whitney, L.P. (“Whitney”), a Texas limited partnership, as the general partner of the Fund,
(iv) Trango II, L.L.C. (“Trango”), a Texas limited liability company, as the general partner of both Ancient Art and Whitney, and (v) Quincy J. Lee, the principal of Trango (collectively, the “Reporting Persons”). The
shares of Common Stock reported on this Schedule 13G are held by the Fund and Mr. Lee individually.
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Item 1(a)
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Name of Issuer.
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Interactive Brokers Group, Inc.
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Item 1(b)
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Address of Issuer’s Principal Executive Offices.
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One Pickwick Plaza
Greenwich, Connecticut 06830
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Item 2(a)
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Name of Person Filing.
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(i) Teton Capital Partners, L.P. (the “Fund”),
(ii) Ancient Art, L.P. (“Ancient Art”), (iii) Whitney, L.P. (“Whitney”), (iv) Trango II, L.L.C. (“Trango”) and (v) Quincy J. Lee.
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Item 2(b)
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Address of Principal Business Office, or, if none, Residence.
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500 West 5th street
Suite 1110
Austin, Texas 78701
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Item 2(c)
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Citizenship or Place of Organization.
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The Fund is a Texas limited partnership. Ancient
Art is a Texas limited partnership. Whitney is a Texas limited partnership. Trango is a Texas limited liability company. Mr. Lee is a United States citizen.
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Item 2(d)
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Title of Class of Securities.
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Common Stock, par value $.01 per share (the “Common
Stock”).
45841N107
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Item 3
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If this statement is filed pursuant to
§§240.13d-1(b)
or
240.13d-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 (15 U.S.C. 78o).
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(b)
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☐
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d)
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Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e)
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☒
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An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E).
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(f)
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☐
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An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
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(g)
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A parent holding company or control person in accordance with §240.13d-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 (12 U.S.C. 1813).
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(i)
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☐
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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 of 1940 (15 U.S.C. 80a-3).
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(j)
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Group, in accordance with §240.13d-1(b)(1)(ii)(J).
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(a)
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The Fund may be deemed the beneficial owner of 3,301,252 shares of Common Stock it holds directly. Ancient Art, Whitney and Trango may be deemed the beneficial owners of 3,301,252 shares of Common Stock held by the
Fund. Mr. Lee may be deemed the beneficial owner of 3,489,717 shares of Common Stock held by the Fund and Mr. Lee directly.
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(b)
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The Fund, Ancient Art, Whitney and Trango may be deemed the beneficial owners of 4.9%, and Mr. Lee may be deemed the beneficial owner of 5.1%, of the Issuer’s outstanding shares of Common Stock. These
percentages were calculated by dividing the number of shares of Common Stock beneficially owned by each of the Reporting Persons, by 67,982,963, the number shares of Common Stock issued and outstanding as of November 9, 2016, as reported in the
Issuer’s most recent Form 10-Q filed with the Securities and Exchange Commission on November 9, 2016.
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(c)
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The Fund has the sole power to vote and dispose of the 3,301,252 shares of Common Stock it holds directly. Ancient Art, Whitney, Trango and Mr. Lee have the shared power to vote and dispose of the 3,301,252 shares
of Common Stock held by Fund. Mr. Lee has the sole power to vote and dispose of the 188,465 shares of Common Stock he holds directly
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Item 5
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Ownership of Five Percent or Less of a Class.
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For the Fund, Ancient Art, Whitney and
Trango:
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the
beneficial owners 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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Inapplicable.
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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.
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Inapplicable.
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Item 8
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Identification and Classification of Members of the Group.
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Inapplicable.
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Item 9
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Notice of Dissolution of Group.
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Inapplicable.
By signing below each of the Reporting Persons certifies that, to the
best of such person’s knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and were 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.
9
SIGNATURE
After 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.
Date: February 14, 2017
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Teton Capital Partners, L.P.
By: Whitney, L.P., its general partner
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By: Trango II, L.L.C., its general partner
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By:
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/s/ Quincy J. Lee
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Name:
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Quincy J. Lee
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Title:
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Manager
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Ancient Art, L.P.
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By: Trango II, L.L.C., its general partner
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By:
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/s/ Quincy J. Lee
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Name:
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Quincy J. Lee
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Title:
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Manager
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Whitney, L.P.
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By: Trango II, L.L.C., its general partner
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By:
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/s/ Quincy J. Lee
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Name:
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Quincy J. Lee
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Title:
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Manager
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Trango II, L.L.C.
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By:
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/s/ Quincy J. Lee
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Name:
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Quincy J. Lee
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Title:
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Manager
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/s/ Quincy J. Lee
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Quincy J. Lee
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