SCHEDULE 13G: FMR LLC Discloses 7.9% Passive Stake in Albertsons Cos. Inc. Class A Common Stock

Sentiment:

Beneficial Ownership Statement


FMR LLC and its affiliates have disclosed a 7.9% passive beneficial ownership stake in Albertsons Cos Inc., holding over 45 million shares of Class A Common Stock as of March 31, 2025.

Summary

  • FMR LLC, a Delaware-organized entity, and Abigail P. Johnson, a U.S. citizen, have jointly filed a Schedule 13G disclosing their beneficial ownership in ALBERTSONS COS INC.
  • As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 45,968,146.33 shares of ALBERTSONS COS INC. Class A Common Stock.
  • This aggregate amount represents 7.9% of the total outstanding Class A Common Stock.
  • FMR LLC holds sole voting power over 45,603,373.68 shares and sole dispositive power over 45,968,146.33 shares.
  • Abigail P. Johnson holds sole dispositive power over 45,968,146.33 shares, with no sole or shared voting power.
  • The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Albertsons Cos Inc.
  • Several FMR LLC subsidiaries and affiliates, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities that beneficially own shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A large institutional investor disclosing a significant stake can be seen as a positive signal of confidence, but the filing itself is a routine disclosure of passive ownership and does not contain performance or strategic updates.

Positives

  • The disclosure of a significant passive stake by a major institutional investor like FMR LLC can be viewed as a vote of confidence in Albertsons Cos Inc.

Management Comments

  • FMR LLC and Abigail P. Johnson certify that, to the best of their knowledge and belief, the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing indicates a significant passive investment by FMR LLC, a prominent global asset management firm, in Albertsons Cos Inc., a major player in the U.S. grocery retail sector. Such institutional holdings are common and reflect portfolio allocation strategies rather than direct operational involvement.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Internal Control Structure DisclosureAbigail P. Johnson, Director, Chairman, and CEO of FMR LLC, along with other Johnson family members, are predominant owners of Series B voting common shares (49% voting power) of FMR LLC. They have a shareholders' voting agreement to vote Series B shares in accordance with the majority, potentially forming a controlling group with respect to FMR LLC under the Investment Company Act of 1940.NAThis details the internal control structure of the reporting entity (FMR LLC) and its affiliates, clarifying the beneficial ownership structure. It does not directly impact Albertsons' corporate governance.

Stakeholder Impact

  • Shareholders: The disclosure of a significant institutional holder provides transparency regarding the ownership structure and may influence investor perception of the stock.

Key Dates

DateDescription
2023-01-03Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries.
2023-01-26Effective date of Power of Attorney for Abigail P. Johnson.
2025-03-31Date of event which required the filing of this statement.
2025-05-09Date of filing of the Schedule 13G.

Recommendation

hold

Keywords

Albertsons Cos Inc., FMR LLC, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Passive Investment, SEC Filing

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