SCHEDULE: FMR LLC Reports 3.3% Passive Stake in Builders FirstSource
Beneficial Ownership Amendment
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 3.3% in Builders FirstSource Inc. common stock.
Summary
- FMR LLC and Abigail P. Johnson reported a passive beneficial ownership of 3,699,740.38 shares of Builders FirstSource Inc. common stock.
- This ownership represents 3.3% of the total outstanding common stock of Builders FirstSource Inc.
- The filing is an Amendment No. 2 to a Schedule 13G, indicating a previous beneficial ownership report.
- FMR LLC, a Delaware-organized parent holding company, holds sole voting power over 3,618,600.84 shares and sole dispositive power over 3,699,740.38 shares.
- Abigail P. Johnson, a U.S. citizen, holds sole dispositive power over 3,699,740.38 shares, with no sole voting power, with her ownership linked to her role at FMR LLC.
- The securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of the issuer.
- Subsidiaries of FMR LLC identified as beneficially owning shares include FIAM LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC.
Sentiment
Score: 6
Explanation: FMR LLC, a major institutional investor, continues to hold a substantial passive stake of 3.3% in Builders FirstSource Inc. While this is below the 5% threshold for an initial 13G, the filing of an amendment indicates ongoing reporting. This suggests a stable, long-term, passive investment perspective from a respected financial entity.
Positives
- A significant institutional investor, FMR LLC, maintains a substantial passive stake in Builders FirstSource Inc., indicating continued interest in the company as a passive investment.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
Schedule 13G filings are routine disclosures by institutional investors who acquire more than 5% of a company's stock with a passive investment intent, or amendments to such filings. FMR LLC, as a major asset manager, frequently files these reports across various industries. This filing indicates FMR LLC's continued, albeit passive, interest in the building materials and services sector, represented by Builders FirstSource Inc.
Related Party Transactions
- Abigail P. Johnson, a reporting person, is the Director, Chairman, and Chief Executive Officer of FMR LLC, the other reporting person. The Johnson family, including Abigail P. Johnson, are the predominant owners of FMR LLC, establishing a related party relationship between the reporting entities regarding their beneficial ownership.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's passive stake, which can influence market perception and investor confidence.
- Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership, ensuring market transparency.
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, accession number -23-000003, where FMR LLC's Power of Attorney 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, accession number -23-000038, where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 2025-11-28 | Date of event which required the filing of this statement (beneficial ownership change). |
| 2025-12-04 | Date of joint filing agreement and signature date for FMR LLC and Abigail P. Johnson. |
Keywords
Builders FirstSource, BFS, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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