SCHEDULE 13G/A: FMR LLC and Abigail Johnson Maintain Significant Stake in Allegro MicroSystems, Holding 14.6% of Common Stock
Beneficial Ownership Report (Amendment)
FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an Amendment No. 4 to Schedule 13G, reporting continued beneficial ownership of 14.6% of Allegro MicroSystems Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, beneficially own an aggregate of 26,921,116.28 shares of Allegro MicroSystems Inc. common stock.
- This aggregate amount represents 14.6% of the total outstanding common stock of Allegro MicroSystems Inc.
- FMR LLC holds sole voting power over 26,476,963.11 shares and sole dispositive power over 26,921,116.28 shares.
- Abigail P. Johnson holds sole dispositive power over 26,921,116.28 shares, with no sole or shared voting power directly attributed.
- The filing indicates that one or more other persons have the right to receive or direct dividends/proceeds, specifically mentioning Select Semiconductors Portfolio, which holds 12,657,997.00 shares, representing 6.9% of the total outstanding common stock as of March 31, 2025.
- FMR LLC is classified as a parent holding company (HC), and Abigail P. Johnson is classified as an individual (IN).
- Subsidiaries and affiliates of FMR LLC identified as beneficially owning shares include FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, with Fidelity Management & Research Company LLC owning 5% or greater.
- Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's Series B voting common shares, representing 49% of the voting power.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain forward-looking statements, financial performance, or strategic updates that would typically influence sentiment.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a major institutional investor in a publicly traded semiconductor company. It reflects the ongoing investment strategy of FMR LLC and its affiliates in the technology sector, specifically within the semiconductor industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity. The continued significant stake by FMR LLC indicates ongoing confidence or strategic positioning by a major investor.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for Stephanie J. Brown on behalf of FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Stephanie J. Brown on behalf of Abigail P. Johnson. |
| 2025-03-31 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 2025-05-09 | Date of filing of this Schedule 13G Amendment No. 4. |
Keywords
Allegro MicroSystems Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management, Semiconductors
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