SCHEDULE: FMR LLC Discloses 5.7% Stake in Alignment Healthcare
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 5.7% beneficial ownership stake in Alignment Healthcare Inc.
Summary
- FMR LLC and Abigail P. Johnson jointly filed an Amendment No. 4 to Schedule 13G, disclosing their beneficial ownership in ALIGNMENT HEALTHCARE INC.
- As of June 30, 2025, FMR LLC and Abigail P. Johnson beneficially own an aggregate of 11,279,800.70 shares of ALIGNMENT HEALTHCARE INC's Common Stock.
- This aggregate amount represents 5.7% of the total outstanding Common Stock of ALIGNMENT HEALTHCARE INC.
- FMR LLC holds sole voting power over 11,277,456.23 shares and sole dispositive power over 11,279,800.70 shares.
- Abigail P. Johnson holds sole dispositive power over 11,279,800.70 shares, with no sole or shared voting power directly attributed to her in this filing.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- The disclosure of a significant 5.7% stake by a major institutional investor like FMR LLC, a prominent asset manager, can signal institutional confidence in Alignment Healthcare Inc.
Risks
- No specific operational or financial risks of Alignment Healthcare Inc. are disclosed in this beneficial ownership filing.
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
FMR LLC's significant stake in Alignment Healthcare Inc. reflects continued institutional investor interest in the healthcare sector, particularly in companies like Alignment Healthcare that operate in the managed care or health services space.
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 | No new management changes reported; filing details existing roles and relationships within FMR LLC. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure of Control Structure | The filing details the ownership and control structure of FMR LLC, noting that members of the Johnson family, including Abigail P. Johnson, are the predominant owners (49% voting power) of Series B voting common shares of FMR LLC. They have a shareholders' voting agreement under which all Series B voting common shares are voted in accordance with the majority vote, allowing them to be deemed a controlling group with respect to FMR LLC under the Investment Company Act of 1940. | N/A | This clarifies the ultimate control and governance structure of the reporting entity, FMR LLC, which in turn influences its investment decisions and beneficial ownership disclosures. |
Related Party Transactions
- The filing details the relationship between FMR LLC and Abigail P. Johnson, who serves as a Director, Chairman, and Chief Executive Officer of FMR LLC. The Johnson family, including Abigail P. Johnson, are identified as predominant owners of FMR LLC's Series B voting common shares (49% voting power) and are part of a shareholders' voting agreement, effectively forming a controlling group over FMR LLC.
Stakeholder Impact
- Shareholders of Alignment Healthcare Inc. are informed of a significant institutional investor's stake, which may be viewed as a vote of confidence in the company's prospects.
- Investment professionals gain insight into the ownership structure and institutional interest in Alignment Healthcare Inc.
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 (accession number -23-002397). |
| 06/30/2025 | Date of event which requires filing of this statement. |
| 08/05/2025 | Date of agreement and signature for the joint filing of this Schedule 13G. |
Keywords
FMR LLC, Alignment Healthcare, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Institutional Investor, Healthcare, Common Stock
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