SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 9.3% Stake in Boot Barn Holdings Inc.
Beneficial Ownership Report
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, revealing a beneficial ownership of 9.3% of Boot Barn Holdings Inc.'s common stock as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Boot Barn Holdings Inc.
- As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 2,856,063.93 shares of Boot Barn Holdings Inc. Common Stock.
- This aggregate amount represents 9.3% of the class of Boot Barn Holdings Inc. Common Stock.
- FMR LLC holds sole voting power over 2,732,888.00 shares and sole dispositive power over 2,856,063.93 shares.
- Abigail P. Johnson holds sole dispositive power over 2,856,063.93 shares, with no sole or shared voting power directly.
- 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 Boot Barn Holdings Inc.
- Abigail P. Johnson is a Director, Chairman, and Chief Executive Officer of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's Series B voting common shares, potentially forming a controlling group.
- Subsidiaries of FMR LLC, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.
Sentiment
Score: 5
Explanation: The document is a factual, regulatory filing (Schedule 13G) disclosing beneficial ownership. It does not contain subjective language, financial performance data, or forward-looking statements that would typically influence sentiment. Therefore, it is neutral.
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, 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 §§ 240.14a-11."
Industry Context
This filing is a standard disclosure of a significant ownership stake by a major institutional investor (FMR LLC, parent of Fidelity Investments) in a publicly traded company. It reflects an investment decision within the retail or apparel sector, where Boot Barn Holdings Inc. operates.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake, which can influence market perception and trading activity.
- Company Management: Awareness of a large, passive institutional holder, though the filing explicitly states the stake is not for control purposes.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where the Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney (accession number: -23-000038) was incorporated by reference. |
| 2025-03-31 | Date of event which requires filing of this statement (snapshot date for beneficial ownership). |
| 2025-05-09 | Signature date of the Schedule 13G Amendment No. 1 filing. |
Keywords
Boot Barn Holdings Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, Institutional Investor, Equity Stake, SEC Filing
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