SCHEDULE 13G/A: FIL Limited Reduces Stake in Ericsson Class B Common Stock Below 5%

FIL Limited and its affiliates have reported a beneficial ownership of 3.8% of Ericsson's Class B Common Stock, indicating a reduction below the 5% threshold.

Summary

• FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. jointly filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership of Ericsson's Class B Common Stock.
• As of March 31, 2025, the aggregate amount beneficially owned by the reporting persons is 116,761,348 shares.
• This represents 3.8% of the Class B Common Stock, which is below the 5% threshold typically requiring a Schedule 13G filing, indicating a reduction in their stake.
• FIL Limited holds sole voting power over 111,402,991 shares.
• All reporting persons share sole dispositive power over 116,761,348 shares.

Sentiment

Score: 4

Explanation: The reduction in beneficial ownership below the 5% threshold by a significant institutional investor could be interpreted as a negative signal, although the filing itself is purely factual and does not express sentiment.

Negatives

• The reporting entities' beneficial ownership of Ericsson Class B Common Stock has decreased to 3.8%, falling below the 5% threshold, which implies a reduction in their investment.

Future Outlook

N/A. This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance.

Industry Context

This filing reflects a change in institutional ownership for Ericsson, a global telecommunications equipment and services provider. Changes in significant institutional holdings can sometimes signal shifts in investor sentiment or strategic positioning within the competitive telecom industry.

Related Party Transactions

• Pandanus Partners, L.P. owns shares of FIL Limited voting stock, representing normally more than 25% and less than 48.5% of total votes.
• Pandanus Associates, Inc. acts as general partner of Pandanus.
• Pandanus is owned by trusts for the benefit of members of the Johnson family, including FIL's Chairman Abigail P. Johnson.

Stakeholder Impact

• Shareholders: A reduction in a significant institutional stake might lead to concerns about investor confidence or future stock performance.

Key Dates

Keywords

Ericsson, Class B Common Stock, SEC filing, Schedule 13G, beneficial ownership, FIL Limited, Pandanus Partners, institutional ownership, stake reduction