JPMorgan Holds 6.81M Shares (10.8%) of Burlington Stores — 13G
JPMorgan Chase & Co. reports owning 6,809,671 shares of Burlington Stores common stock, representing 10.8% of the class.
Rhea-AI Filing Summary
JPMorgan Chase & Co. reports owning 6,809,671 shares of Burlington Stores common stock, representing 10.8% of the class. Of those shares, JPMorgan reports sole voting power over 6,153,838 shares and sole dispositive power over 6,786,719 shares, with smaller amounts of shared voting and dispositive power. The filing lists multiple JPMorgan entities that hold the securities and confirms the position was acquired in the ordinary course of business and not to influence control. The Schedule 13G/A is dated 09/30/2025 for the event and signed on 10/06/2025.
Positive
- Material, transparent disclosure of a 10.8% stake with voting and dispositive breaks
- Multiple JPMorgan entities identified, clarifying custodial/management roles
Negative
- Concentrated ownership at 10.8% could be seen as a significant block for other shareholders
- Schedule 13G filing gives limited detail on whether holdings represent passive index positions or active managed accounts
Insights
Large passive stake: JPMorgan holds a material 10.8% position in Burlington Stores.
JPMorgan's aggregate holding of 6,809,671 shares equates to a sizeable 10.8% ownership stake, with the firm reporting predominant sole voting and sole dispositive powers, signaling centralized control of voting decisions within the reporting entity.
Key dependencies include whether these shares are held for index/managed funds or client accounts; the filing states holdings are in the ordinary course of business and not intended to influence control. Monitor subsequent filings for changes in percent ownership or statements that would shift the filing type from Schedule 13G to Schedule 13D near-term.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does JPMorgan hold in Burlington Stores (BURL)?
Does the filing say JPMorgan intends to influence control of Burlington Stores?
Which JPMorgan subsidiaries are identified as holders?
What event date and signature date are on the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.