FMR discloses 15% Grocery Outlet (GO) stake in Schedule 13G/A
Rhea-AI Filing Summary
FMR LLC filed Amendment No. 3 to a Schedule 13G/A reporting a significant passive stake in Grocery Outlet Holding Corp. FMR and Abigail P. Johnson beneficially own 14,719,399 shares of Grocery Outlet common stock, representing 15.0% of the class as of the event date.
FMR reports sole voting power over 14,719,197 shares and sole dispositive power over 14,719,399 shares, with no shared voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Grocery Outlet. One or more other persons may receive dividends or sale proceeds, but no such person holds more than five percent of the outstanding common stock.
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Insights
FMR discloses a 15% passive stake in Grocery Outlet.
FMR LLC and Abigail P. Johnson report beneficial ownership of 14,719,399 Grocery Outlet common shares, or
The certification states the position is held in the ordinary course of business and not to change or influence control. That language is consistent with a passive institutional holding under Schedule 13G rather than an activist position, which can reduce expectations of control-related initiatives.
The disclosure also notes that one or more other persons may receive dividends or sale proceeds, but none exceeds five percent of the class. Future ownership updates in filings for periods after
FAQ
How many Grocery Outlet (GO) shares does FMR LLC beneficially own?
What percentage of Grocery Outlet’s common stock is owned by FMR LLC and Abigail P. Johnson?
Is FMR’s stake in Grocery Outlet (GO) reported as passive or for control purposes?
Who signed the Schedule 13G/A for FMR LLC and Abigail P. Johnson regarding Grocery Outlet?
Do other investors share in dividends or sale proceeds from FMR’s Grocery Outlet stake?
What voting and dispositive powers does FMR LLC report over Grocery Outlet shares?