FMR LLC and Abigail P. Johnson Report 13.13M Shares (10.1%) of PCVX
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson disclose a 10.1% beneficial stake in Vaxcyte, Inc. The Schedule 13G/A reports combined beneficial ownership of 13,132,825.71 shares of Vaxcyte common stock. FMR LLC is shown with sole voting power over 13,090,519 shares and sole dispositive power over 13,132,825.71 shares; Abigail P. Johnson is reported with sole dispositive power for the same aggregate amount. The filing states that some other persons may have rights to dividends or sale proceeds but no other single person holds more than 5% of the class. An Exhibit 99 agreement is referenced for related identification and classification details.
Positive
- Material ownership disclosed: The filing reports a clear, specific beneficial ownership amount of 13,132,825.71 shares (10.1%).
- Clear voting/dispositive breakdown: FMR LLC reports sole voting power over 13,090,519 shares and sole dispositive power over 13,132,825.71 shares.
- Compliance and certification: The statement includes the required certification that the holdings are in the ordinary course of business and not intended to change control.
Negative
- None.
Insights
TL;DR: A single investor group reports a >10% stake, which is material and could influence market attention but is a disclosure, not an action.
The Schedule 13G/A shows FMR LLC and Abigail P. Johnson beneficially own 13,132,825.71 shares, representing 10.1% of Vaxcyte's common stock. The breakdown shows concentrated dispositive authority with FMR LLC holding nearly all sole voting power reported. This is a routine regulatory disclosure that signals a significant passive stake; it does not, on its face, indicate a change in control intent or any transaction. Investors should note the size of the holding relative to the outstanding class as a material ownership disclosure.
TL;DR: Ownership concentration exceeds 5%, requiring disclosure; governance influence is possible but no coordinated group or control intent is asserted.
The filing classifies the position under Schedule 13G/A and specifies sole voting and dispositive powers without shared control or group affiliation. The statement includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing control. An Exhibit 99 is referenced for subsidiary/identification details. This documentation satisfies regulatory transparency for a material passive stake.