SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 6.7% Stake in Autoliv Inc.
Beneficial Ownership Disclosure
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly filed an amended Schedule 13G, disclosing a beneficial ownership of 6.7% of Autoliv Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson reported beneficial ownership of 5,236,997.43 shares of Autoliv Inc. common stock.
- This aggregate amount represents 6.7% of Autoliv Inc.'s outstanding common stock.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported ownership position.
- FMR LLC, a Delaware-organized parent holding company, holds sole voting power over 5,097,595.48 shares and sole dispositive power over 5,236,997.43 shares.
- Abigail P. Johnson, a U.S. citizen, holds sole dispositive power over 5,236,997.43 shares, with no sole or shared voting power directly attributed to her on the cover page.
- Abigail P. Johnson's beneficial ownership is derived from her role as Director, Chairman, and Chief Executive Officer of FMR LLC, and her family's predominant ownership of Series B voting common shares of FMR LLC (representing 49% of voting power), along with a shareholders' voting agreement.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Autoliv 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, FMR Investment Management (UK) Limited, and Strategic Advisers LLC, are identified as entities that beneficially own shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
The document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding Autoliv Inc.'s future outlook.
Management Comments
- "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11."
Industry Context
Autoliv Inc. is a global leader in automotive safety systems. This filing indicates a significant, passive investment by FMR LLC, a major asset management firm, in a key player within the automotive supply chain, reflecting institutional confidence in the sector or the company's long-term prospects.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Internal Governance Structure (FMR LLC) | Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. This structure allows members of the Johnson family to be deemed a controlling group with respect to FMR LLC under the Investment Company Act of 1940. | NA | This describes the internal governance and control structure of FMR LLC, the reporting entity, and explains how Abigail P. Johnson's beneficial ownership is derived. It does not relate to Autoliv Inc.'s corporate governance. |
Related Party Transactions
- Abigail P. Johnson is a Director, the Chairman, and the Chief Executive Officer of FMR LLC. Her beneficial ownership is linked to her position and the Johnson family's predominant ownership (49% voting power) of Series B voting common shares of FMR LLC, along with a shareholders' voting agreement.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership in Autoliv Inc., which can influence market perception and trading activity.
- Employees, Customers, Suppliers, Creditors: No direct impact from this beneficial ownership disclosure.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/10/2023 | Date of Schedule 13G filing by FMR LLC (accession number -23-000003) where FMR LLC's power of attorney is incorporated by reference. |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | Date of Schedule 13G filing by FMR LLC (accession number -23-000038) where Abigail P. Johnson's power of attorney is incorporated by reference. |
| 03/31/2025 | Date of event which requires filing of this statement (ownership snapshot date). |
| 05/09/2025 | Signature date of the filing. |
Keywords
Autoliv Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, SEC filing, institutional investor, automotive safety, passive investment
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