[SCHEDULE 13G/A] J&J Snack Foods Corp SEC Filing

Rhea-AI Filing Summary

Macquarie Group and affiliated entities report beneficial ownership of 1,062,521 common shares of J&J Snack Foods Corp, representing 5.46% of the class. The disclosure is filed as a Schedule 13G/A (Amendment No. 4) and shows that Macquarie Management Holdings Inc. and Macquarie Investment Management Business Trust each report sole voting and sole dispositive power over the 1,062,521 shares, while Macquarie Group Limited (the parent) lists the same aggregate amount but records no sole voting or dispositive power on its cover page. The filing references an Exhibit A for subsidiary identification and otherwise documents a material passive stake held by Macquarie entities in JJSF.

Insights

Financial Analyst

TL;DR: Macquarie affiliates hold a material 5.46% stake (1,062,521 shares) in JJSF; filing is informational, showing who holds voting/dispositive power.

The Schedule 13G/A discloses a clear, material beneficial ownership position of 1,062,521 shares, equal to 5.46% of J&J Snack Foods' common shares. For investors, the key facts are the size of the holding and the allocation of voting/dispositive rights: two Delaware subsidiaries report sole voting and dispositive power, while the Australian parent lists aggregate ownership but no direct voting/dispositive power on its cover entry. This is a routine, material disclosure rather than an operational or strategic change.

Corporate Governance Expert

TL;DR: Ownership is consolidated across Macquarie entities, with governance rights vested in Delaware subsidiaries rather than the Australian parent.

The filing distinguishes legal entities and classifications: Macquarie Management Holdings Inc. and Macquarie Investment Management Business Trust report sole voting and dispositive authority over the 1,062,521 shares, while Macquarie Group Limited lists the aggregate amount but records no sole voting/dispositive power on its section. The document references Exhibit A for subsidiary identification, which is necessary to map control and should be reviewed to confirm internal allocation of rights.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

J&J Snack Foods Corp

(Name of Issuer)

Common Shares

(Title of Class of Securities)

466032109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 466032109

1

Names of Reporting Persons

Macquarie Group Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

AUSTRALIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,062,521.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.46 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 466032109

1

Names of Reporting Persons

Macquarie Management Holdings Inc

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,062,521.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,062,521.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,062,521.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.46 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 466032109

1

Names of Reporting Persons

Macquarie Investment Management Business Trust

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,062,521.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,062,521.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,062,521.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.46 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: J&J Snack Foods Corp
(b)	Address of issuer's principal executive offices: 350 Fellowship Road, Mt. Laurel, NJ 08054
Item 2.
(a)	Name of person filing: This Schedule 13G is jointly filed by Macquarie Group Limited, Macquarie Management Holdings Inc, and Macquarie Investment Management Business Trust.
(b)	Address or principal business office or, if none, residence: The principal business address of Macquarie Group Limited is Level 1, 1 Elizabeth Street, Sydney, New South Wales, Australia. The principal business address of Macquarie Management Holdings Inc. and Macquarie Investment Management Business Trust is 610 Market Street, Philadelphia, PA 19106.
(c)	Citizenship: Macquarie Group Limited - Sydney, New South Wales, Australia Corporation. Macquarie Management Holdings Inc., Macquarie Investment Management Business Trust- incorporated or formed under the laws of the State of Delaware.
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 466032109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses on the cover page hereto
(b)	Percent of class: See responses on the cover page hereto
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses on the cover page hereto
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: See responses on the cover page hereto
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Macquarie Group Limited

Signature:	/s/ Philip Alexander
Name/Title:	Philip Alexander / Associate Director
Date:	08/11/2025

Signature:	/s/ Charles Glorioso
Name/Title:	Charles Glorioso / Division Director
Date:	08/11/2025

Macquarie Management Holdings Inc

Signature:	/s/ Marty Wolin
Name/Title:	Marty Wolin / Chief Compliance Officer
Date:	08/11/2025

Macquarie Investment Management Business Trust

Signature:	/s/ Marty Wolin
Name/Title:	Marty Wolin / Chief Compliance Officer
Date:	08/11/2025

FAQ

What stake does Macquarie hold in J&J Snack Foods (JJSF)?

Macquarie entities report beneficial ownership of 1,062,521 shares, representing 5.46% of J&J Snack Foods common shares.

Which Macquarie entities filed the Schedule 13G/A for JJSF?

The schedule is jointly filed by Macquarie Group Limited, Macquarie Management Holdings Inc., and Macquarie Investment Management Business Trust.

Who has voting and dispositive power over the reported JJSF shares?

Macquarie Management Holdings Inc. and Macquarie Investment Management Business Trust report sole voting and sole dispositive power for the 1,062,521 shares; Macquarie Group Limited's section shows 0 sole voting and dispositive power on its cover entry.

What type of filing was submitted for JJSF?

The disclosure was submitted as a Schedule 13G/A (Amendment No. 4), indicating a reported beneficial ownership position under the Exchange Act.

Is additional entity identification provided in the filing?

The filing references Exhibit A for identification and Item 3 classification of the subsidiary that acquired the security, but Exhibit A is not included in the provided content.