FMR reports 7% Oddity Tech (ODD) stake in amended Schedule 13G
Rhea-AI Filing Summary
FMR LLC filed an amended Schedule 13G reporting beneficial ownership of 3,090,460.36 shares of Oddity Tech Ltd Class A common stock, representing 7.0% of the class as of the event date.
FMR reports sole voting power over 3,089,720.70 shares and sole dispositive power over 3,090,460.36 shares, with no shared voting or dispositive power. Abigail P. Johnson is also listed as a reporting person with sole dispositive power over 3,090,460.36 shares and no voting 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 Oddity Tech.
Positive
- None.
Negative
- None.
Insights
FMR reports a passive 7% stake in Oddity Tech.
FMR LLC and Abigail P. Johnson report beneficial ownership of 3,090,460.36 Oddity Tech Class A shares, or
The certification states the position is held in the ordinary course of business and not to change or influence control, which is consistent with a passive institutional holding under Schedule 13G. One or more other persons may receive dividends or sale proceeds, but none exceeds 5% of the class.
This disclosure mainly informs the market about the presence and size of a significant institutional holder. Future ownership levels, if they change materially and trigger new filings, would be reflected in subsequent beneficial ownership reports.