JPMorgan discloses 6.8% Allegro MicroSystems (ALGM) ownership position
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
JPMorgan Chase & Co. has reported a significant ownership position in Allegro MicroSystems, Inc. common stock. The firm is deemed to beneficially own 12,729,473 shares of Allegro’s common stock, representing 6.8% of the outstanding class.
Within this position, JPMorgan Chase & Co. has sole voting powershared voting powersole dispositive powershared dispositive power
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 12,729,473 shares
Percent of class: 6.8%
Sole voting power: 12,199,576 shares
+3 more
6 metrics
Beneficially owned shares
12,729,473 shares
Amount beneficially owned in Allegro MicroSystems common stock
Percent of class
6.8%
Portion of Allegro MicroSystems common stock class held
Sole voting power
12,199,576 shares
Shares for which JPMorgan can solely vote or direct the vote
Shared voting power
142 shares
Shares for which JPMorgan shares voting authority
Sole dispositive power
12,722,671 shares
Shares for which JPMorgan can solely direct disposition
Shared dispositive power
6,229 shares
Shares for which JPMorgan shares dispositive authority
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned regulatory
"Item 4. | Ownership (a) | Amount beneficially owned: 12,729,473"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power regulatory
"5 | Sole Voting Power 12,199,576.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
subsidiary regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security"
A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.
FAQ
What stake does JPMorgan Chase & Co. report in Allegro MicroSystems (ALGM)?
JPMorgan Chase & Co. reports beneficial ownership of 12,729,473 shares of Allegro MicroSystems common stock, representing 6.8% of the class according to the Schedule 13G filing.
What class of Allegro MicroSystems (ALGM) securities is covered by this filing?
The filing covers Common Stock, par value $0.01 per share of Allegro MicroSystems, Inc., identified by CUSIP 01749D105, which is the class referenced in the Schedule 13G.