Abigail P. Johnson Listed as Beneficial Owner of 9.2% of BJ
Rhea-AI Filing Summary
Schedule 13G/A (Amendment No. 4) filed for BJS WHOLESALE CLUB HOLDINGS INC (CUSIP 05550J101). The filing reports that FMR LLC and Abigail P. Johnson beneficially own 12,172,194.06 shares, representing 9.2% of the common stock as of the event date 06/30/2025.
The filing discloses voting/dispositive powers: FMR LLC has sole voting power of 10,408,774.58 shares and sole dispositive power of 12,172,194.06 shares; Abigail P. Johnson is reported with sole dispositive power of 12,172,194.06 shares and no voting power. The statement affirms the positions are held in the ordinary course of business and not to influence control. Signature by Richard Bourgelas on behalf of FMR LLC and Abigail P. Johnson is dated 08/05/2025.
Positive
- Institutional stake of 12,172,194.06 shares (9.2%) disclosed, providing transparency on major ownership
- Clear statement of passive intent (held in ordinary course and not for influencing control), reducing immediate governance uncertainty
- Detailed voting/dispositive breakdown (FMR sole voting power 10,408,774.58; sole dispositive power 12,172,194.06) aids investor assessment
Negative
- None.
Insights
TL;DR: FMR LLC and Abigail P. Johnson report a sizable 9.2% passive stake in BJ; disclosed voting and dispositive powers clarify control exposure.
The Schedule 13G/A shows a material institutional stake of 12.17 million shares (9.2%). For investors, the distinction between dispositive and voting power is important: FMR reports substantial dispositive authority versus a smaller sole voting stake, while Abigail P. Johnson holds dispositive power but no voting power. The filing explicitly states the position is held in the ordinary course and not to influence control, consistent with a passive investor profile. Monitor for any future 13D or Schedule 13G amendments that would indicate an active change in intent.
TL;DR: Disclosure clarifies beneficial ownership and passive intent; no immediate governance change signaled.
The amendment provides transparent identification of beneficial owners and power allocation: FMR LLC retains notable dispositive power and a significant voting block, while Abigail P. Johnson is listed as beneficial owner with dispositive power only. The certification attests the holdings are not intended to influence issuer control, which suggests a passive stake under Rule 13d-1(b). From a governance standpoint, this filing does not, by itself, trigger control issues, but the size of the stake merits attention to any subsequent filings or activist activity.