SCHEDULE: FMR LLC & Abigail Johnson Trim Alaska Air Stake to 4.5%
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.5% in Alaska Air Group Inc. common stock as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Alaska Air Group Inc.
- As of June 30, 2025, the aggregate amount beneficially owned by each reporting person is 5,488,701.97 shares of common stock.
- This ownership represents 4.5% of the class of Alaska Air Group Inc. common stock.
- FMR LLC holds sole voting power over 5,378,352.54 shares and sole dispositive power over 5,488,701.97 shares.
- Abigail P. Johnson holds sole dispositive power over 5,488,701.97 shares, with no sole or shared voting power directly attributed.
- The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- FMR LLC is classified as a Parent Holding Company (HC), and Abigail P. Johnson is classified as an Individual (IN).
- Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and a predominant owner of its Series B voting common shares, forming a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership, indicating a passive investment stake below the 5% threshold, and does not contain information that would significantly alter sentiment.
Risks
- The filing does not explicitly detail risks for Alaska Air Group Inc. but rather discloses a passive ownership stake by FMR LLC and Abigail P. Johnson, indicating no intent to influence control.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This filing reflects a passive investment stake by a major asset manager in a publicly traded airline. It does not provide insights into broader industry trends or competitive dynamics beyond the ownership structure itself.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake, confirming it is a passive investment not intended to influence control.
- Management: Confirms that a major investor is not seeking to influence or change the control of the company.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Effective date of Power of Attorney for Richard Bourgelas to sign on behalf of FMR LLC and Abigail P. Johnson. |
| 08/08/2023 | Date of previous Schedule 13G filing by FMR LLC, where the Power of Attorney was incorporated by reference. |
| 06/30/2025 | Date of event which requires filing of this statement (snapshot date for beneficial ownership). |
| 08/05/2025 | Date of signing and filing of this Schedule 13G amendment. |
Keywords
Alaska Air Group Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Airline Industry, Investment Management, Institutional Investor
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