SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 6.3% Stake in Disc Medicine Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed a Schedule 13G, reporting beneficial ownership of 6.3% of Disc Medicine Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 1,866,248 shares of DISC MEDICINE INC common stock.
- This ownership represents 6.3% of the total outstanding common stock of DISC MEDICINE INC.
- The filing is a Schedule 13G, indicating that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- FMR LLC holds sole voting power over 1,865,647 shares and sole dispositive power over 1,866,248 shares.
- Abigail P. Johnson holds sole dispositive power over 1,866,248 shares, with no sole or shared voting power.
- The filing date for this Schedule 13G is February 11, 2025, reporting ownership as of December 31, 2024.
- Identified subsidiaries of FMR LLC that beneficially own shares include FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing (Schedule 13G) disclosing beneficial ownership. It contains no positive or negative operational or financial news about the issuer, making its sentiment neutral.
Positives
- The filing indicates continued institutional investment interest in Disc Medicine Inc. by a major asset manager, FMR LLC.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of a significant ownership stake by a large institutional investor, FMR LLC, in Disc Medicine Inc. It does not provide specific insights into Disc Medicine Inc.'s operational performance or industry trends, but rather reflects an investment decision by FMR LLC.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end). |
| 2025-02-11 | Filing date of the Schedule 13G. |
Keywords
DISC MEDICINE INC, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing
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