FMR LLC (GTES) discloses 19.6M-share, 7.7% Gates Industrial stake
Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 19,596,691.02 shares of GATES INDUSTRIAL CORP PLC common stock, representing 7.7% of the class. FMR has sole dispositive power over all these shares and sole voting power over 19,570,252.39 shares, with no shared voting or dispositive power.
Abigail P. Johnson is also reported as a beneficial owner with sole dispositive power over 19,596,691.02 shares and no voting power. One or more other persons have rights to dividends or sale proceeds related to these shares, but no such person has more than 5% of the outstanding common stock.
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- None.
Negative
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Key Figures
Shares beneficially owned: 19,596,691.02 shares
Percent of class: 7.7%
Sole voting power: 19,570,252.39 shares
+4 more
7 metrics
Shares beneficially owned
19,596,691.02 shares
Common stock of Gates Industrial Corp plc reported by FMR LLC
Percent of class
7.7%
Ownership percentage of GTES common stock reported by FMR LLC
Sole voting power
19,570,252.39 shares
Shares of GTES over which FMR LLC has sole voting power
Sole dispositive power (FMR LLC)
19,596,691.02 shares
Shares of GTES over which FMR LLC has sole dispositive power
Sole dispositive power (Abigail P. Johnson)
19,596,691.02 shares
Shares of GTES over which Abigail P. Johnson has sole dispositive power
Shared voting power
0.00 shares
GTES shares with shared voting power reported
Shared dispositive power
0.00 shares
GTES shares with shared dispositive power reported
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more
6 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 19596691.02"
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 financial
"5 | Sole Voting Power 19,570,252.39 6 | Shared Voting Power 0.00"
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.
sole dispositive power financial
"7 | Sole Dispositive Power 19,596,691.02 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"10 11 7.7 % 12"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Gates Industrial (GTES) does FMR LLC beneficially own?
FMR LLC reports beneficial ownership of 7.7% of GTES common stock. This percentage is based on 19,596,691.02 shares of common stock and reflects a passive ownership stake reported on a Schedule 13G/A filing.
What type of security in GTES is reported in this Schedule 13G/A filing?
The filing covers COMMON STOCK of GATES INDUSTRIAL CORP PLC with CUSIP G39108108. All reported figures, including the 19,596,691.02 shares and 7.7% ownership, relate specifically to this class of common stock.