LEVI: FMR LLC Reports 1.2% Class A Stake (1,294,035 shares)
FMR LLC and Abigail P. Johnson reported owning 1,294,035.38 shares of Levi Strauss & Co. Class A common stock, representing 1.2% of the class.
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson reported owning 1,294,035.38 shares of Levi Strauss & Co. Class A common stock, representing 1.2% of the class. The filing shows sole dispositive power over those shares and limited sole voting power reported for FMR LLC (1,288,777 votes). The statement certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control. An exhibit is referenced for a 13d-1(k)(1) agreement.
Positive
- Full disclosure of holdings clarifies ownership level and powers
- Position is declared passive (held in the ordinary course, not to influence control)
Negative
- None.
Insights
Passive institutional stake disclosed; limited voting influence.
The filing shows a 1.2% ownership position held with sole dispositive authority by FMR LLC and Abigail P. Johnson, while voting power is slightly lower for FMR LLC. This pattern is consistent with an investment-management custody and disposition arrangement where trading decisions rest with the reporting entities.
Risks and dependencies include any shared arrangements disclosed in Exhibit 99 and the underlying client relationships that may change holdings. Monitor any subsequent amendments or Schedule 13D activity over the next several months for shifts in intent or increases above 5%.
FAQ
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What stake in LEVI does FMR LLC report?
Is this stake intended to influence control of Levi Strauss (LEVI)?
AI-generated analysis. How Rhea-AI works. Not financial advice.