FMR LLC Reports 3.1% Stake in Magnite
Magnite Inc. ownership filing reports that FMR LLC (and Abigail P. Johnson via power of attorney) beneficially owns 4,507,418.57 shares of common stock, representing 3.1% of the class.
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Rhea-AI Filing Summary
Magnite Inc. ownership filing reports that FMR LLC (and Abigail P. Johnson via power of attorney) beneficially owns 4,507,418.57 shares of common stock, representing 3.1% of the class. The filing is an amendment (No. 3) to a Schedule 13G/A and lists voting and dispositive powers.
The cover shows sole dispositive power of 4,507,418.57 shares and sole voting power of 4,499,424. The response states this is ownership of 5 percent or less of the class and names FMR LLC’s Boston address.
Insights
FMR LLC reports a passive stake of 3.1 in Magnite (common stock).
FMR LLC is disclosed as beneficial owner of 4,507,418.57 shares with sole dispositive power and nearly identical sole voting power reported on the cover. The filing is an amended Schedule 13G/A, consistent with passive investor reporting.
Key dependencies include whether holdings change in later filings; subsequent amendments or Form 13D/13G updates would alter the ownership picture and potential filing status.
Amendment No. 3 updates beneficial ownership and confirms power-of-attorney signatories.
The schedule notes a power of attorney effective April 13, 2026 and signatures dated May 5, 2026. Exhibit references include Exhibit 24 and Exhibit 99 concerning the 13d-1(k)(1) agreement.
Filing-classification language states "Ownership of 5 percent or less of a class," which governs reporting cadence and public disclosures under applicable rules.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
dispositive power regulatory
power of attorney legal
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does FMR LLC report in MAGNITE Inc (MGNI)?
Does this filing indicate active control or passive ownership for MGNI?
Who signed the amendment for FMR LLC and what authority is cited?
How much voting power does FMR LLC have in MGNI?
AI-generated analysis. How Rhea-AI works. Not financial advice.