[SCHEDULE 13G/A] Allegro MicroSystems, Inc. SEC Filing
Capital Research Global Investors reported beneficial ownership of 15,904,357 shares of Allegro MicroSystems, representing 8.6% of the 184,925,395 shares believed to be outstanding. The filing identifies CRGI as a division of Capital Research and Management Company and related investment management entities that provide services under the name "Capital Research Global Investors."
The statement indicates CRGI has sole voting and sole dispositive power over these shares and certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Allegro.
- Material institutional stake: 15,904,357 shares representing 8.6% of outstanding stock
- Sole voting and dispositive power: filer reports exclusive authority to vote and dispose of these shares
- Ordinary-course holding: filer certifies shares are held in the ordinary course and not to change issuer control
- None.
Insights
TL;DR: A material institutional stake of 8.6% signals significant investor interest; the filer reports sole control and no intent to seek control.
The filing discloses a meaningful position by an established asset manager: 15,904,357 shares or 8.6% of Allegro's outstanding shares. CRGI is presented as an investment management division of Capital Research and Management Company and related entities, and the form records sole voting and dispositive authority. The filer also certifies the shares are held in the ordinary course and not to influence control, which limits immediate governance implications while confirming concentrated institutional ownership.
TL;DR: Significant single-investor disclosure with sole power noted; certification denies intent to alter control, so no immediate governance action is signaled.
This Schedule 13G/A shows a substantial passive position by Capital Research Global Investors. The form records sole voting and dispositive power over 15,904,357 shares and explicitly states the holdings are not aimed at changing issuer control. From a governance perspective, the filing is material because it documents concentrated ownership that could matter in future votes, but the certification reduces the likelihood of imminent activist or control initiatives based on the information provided.