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    SEC Form SC 13G/A filed by Advance Auto Parts Inc. (Amendment)

    3/4/24 4:08:24 PM ET
    $AAP
    Auto & Home Supply Stores
    Consumer Discretionary
    Get the next $AAP alert in real time by email
    SC 13G/A 1 tm247782d1_sc13ga.htm SC 13G/A

     

     

    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)
    xRule 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

     

     

     

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