[SCHEDULE 13G] Analog Devices, Inc. SEC Filing

Rhea-AI Filing Summary

JPMorgan Chase & Co. has filed a Schedule 13G disclosing passive ownership of 4,218,793 TD SYNNEX (SNX) common shares, equal to 5.1 % of the outstanding class as of 30 Jun 2025. The bank holds sole voting power over 3,918,851 shares and sole dispositive power over 4,215,577 shares; shared voting power is 0 and shared dispositive power is 3,142 shares. JPMorgan qualifies as a parent holding company (Item 3(g)) and filed under Rule 13d-1(b), indicating a passive investment rather than an attempt to influence control. Subsidiaries with reportable positions include J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Ltd., J.P. Morgan SE and others. The certification confirms the shares were acquired in the ordinary course of business.

Positive

• Large institutional stake: JPMorgan now owns 4.22 M SNX shares (5.1 %), providing external validation and potentially increasing liquidity.

Negative

• None.

Insights

Equity Portfolio Manager

TL;DR – JPMorgan’s 5.1 % passive stake signals institutional support and enhances SNX’s float stability.

Crossing the 5 % threshold obliges JPMorgan to disclose its holdings, giving investors clarity on the shareholder register. A blue-chip financial institution accumulating over 4.2 million shares suggests confidence in TD SYNNEX’s fundamentals and may improve liquidity. Because the filing is on Form 13G, the position is deemed passive, limiting expectations of activist involvement. Nonetheless, large-scale passive ownership can attract attention from other institutions and potentially lower the company’s cost of capital. Impact: modestly positive due to added institutional validation without governance disruption.

Corporate Governance Analyst

TL;DR – Passive status means limited governance impact; disclosure mainly affects transparency.

Item 4 shows JPMorgan retains full voting authority on most of its shares but declares no intent to influence control. Hence, board dynamics remain unchanged. The list of subsidiaries underscores diversified custody across broker-dealer and asset-management units, typical for a global bank. From a governance standpoint, the filing is procedural, yet greater than 5 % ownership keeps management attentive to institutional sentiment. Overall, the development is informative but not transformative for control structures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Analog Devices, Inc.

(Name of Issuer)

Common Stock $0.16 2/3 par value per share

(Title of Class of Securities)

032654105

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 032654105

1

Names of Reporting Persons

JPMORGAN CHASE & CO.

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 22,139,244.00
6	Shared Voting Power 201,915.00
7	Sole Dispositive Power 24,964,202.00
8	Shared Dispositive Power 149,715.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

25,132,276.00

10

Check box 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)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Analog Devices, Inc.
(b)	Address of issuer's principal executive offices: One Analog Way Wilmington MA 01887
Item 2.
(a)	Name of person filing: JPMORGAN CHASE & CO.
(b)	Address or principal business office or, if none, residence: 383 Madison Avenue,,New York, NY 10179
(c)	Citizenship: DE
(d)	Title of class of securities: Common Stock $0.16 2/3 par value per share
(e)	CUSIP No.: 032654105
Item 3.	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:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	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);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 25132276
(b)	Percent of class: 5.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 22139244
	(ii) Shared power to vote or to direct the vote: 201915
	(iii) Sole power to dispose or to direct the disposition of: 24964202
	(iv) Shared power to dispose or to direct the disposition of: 149715
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. 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.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. J.P. Morgan Trust Company of Delaware; J.P. Morgan Securities LLC; JPMorgan Chase Bank, National Association; JPMorgan Asset Management (UK) Limited; J.P. MORGAN SE; J.P. Morgan (Suisse) SA; JPMorgan Asset Management Holdings Inc.; J.P. Morgan Investment Management Inc.; JPMorgan Asset Management (Taiwan) Limited; J.P. Morgan Private Investments Inc.; JPMorgan Asset Management (China) Company Limited; 55I, LLC
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not Applicable
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

JPMORGAN CHASE & CO.

Signature:	Rachel Tsvaygoft
Name/Title:	Vice President
Date:	07/30/2025

FAQ

How many TD SYNNEX (SNX) shares does JPMorgan own?

The filing reports 4,218,793 shares beneficially owned.

What percentage of SNX’s outstanding shares does this represent?

JPMorgan’s holding equals 5.1 % of the common stock.

Is JPMorgan’s position active or passive?

Filed on Schedule 13G under Rule 13d-1(b), the stake is passive.

What are the voting and dispositive powers associated with the stake?

JPMorgan has 3,918,851 sole voting, 0 shared voting, 4,215,577 sole dispositive and 3,142 shared dispositive shares.

Which JPMorgan subsidiaries hold the SNX shares?

Entities include J.P. Morgan Securities LLC, JPMorgan Asset Management (UK) Ltd., J.P. Morgan SE and others.