SCHEDULE: FMR LLC Reports Stake in Alcoa Corp
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have updated their beneficial ownership filing for Alcoa Corp, now holding 6.4% of the common stock as of June 30, 2026.
Summary
- FMR LLC, through its reporting entities and Abigail P. Johnson, has filed a Schedule 13G indicating beneficial ownership of 16,996,106.28 shares of Alcoa Corp common stock.
- This represents 6.4% of the class of securities outstanding as of June 30, 2026.
- The filing is an update to a previous Schedule 13G.
- FMR LLC is classified as an Investment Adviser (IA) and a Bank (BK) through its subsidiaries.
- Abigail P. Johnson is identified as an Insider (IN) and is a Director, Chairman, and CEO of FMR LLC.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership percentage without indicating new strategic investment or divestment.
Positives
- FMR LLC and its affiliates maintain a significant stake in Alcoa Corp, suggesting continued confidence in the company's long-term prospects.
- The filing clearly outlines the beneficial ownership, providing transparency to the market.
Negatives
- The filing does not provide specific reasons for the change in ownership percentage, making it difficult to ascertain the exact investment strategy.
Risks
- The filing does not explicitly mention any new risks or changes to existing risk factors for Alcoa Corp.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Alcoa Corp's future performance.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are common for large institutional investors like FMR LLC, indicating their role as passive investors in publicly traded companies such as Alcoa Corp.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director, Chairman and Chief Executive Officer of FMR LLC | N/A | Abigail P. Johnson | N/A | N/A |
Stakeholder Impact
- Shareholders: Increased transparency regarding a significant institutional holder's stake.
- Management: Awareness of FMR LLC's substantial investment position.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership in Alcoa Corp.
- Future filings will be made if ownership levels change significantly.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date for Power of Attorney for FMR LLC. |
| 2023-01-10 | Reference to Exhibit 24 to the Schedule 13G filed by FMR LLC. |
| 2023-01-26 | Effective date for Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Reference to Exhibit 24 to the Schedule 13G filed by FMR LLC. |
| 2026-06-30 | Date of Event Which Requires Filing of this Statement (Reporting Period End). |
| 2026-08-05 | Date of joint filing agreement and signature date. |
Keywords
Alcoa Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock
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