SCHEDULE: FMR LLC Discloses 5.1% Stake in Grocery Outlet
Beneficial Ownership Filing
FMR LLC has reported beneficial ownership of 5,004,793.93 shares, representing 5.1% of the outstanding common stock of Grocery Outlet Holding Corp. as of March 31, 2026.
Summary
- FMR LLC, along with its affiliates and subsidiaries (collectively, the "FMR Reporters"), has filed a Schedule 13G, indicating their beneficial ownership of Grocery Outlet Holding Corp. common stock.
- As of March 31, 2026, FMR LLC beneficially owns 5,004,793.93 shares, which constitutes 5.1% of the class of securities.
- Abigail P. Johnson, Director, Chairman, and CEO of FMR LLC, is a significant owner of FMR LLC through trusts, and along with other Series B shareholders, has entered into a voting agreement.
- The filing clarifies that this ownership is held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. It represents a standard disclosure of institutional ownership and does not inherently signal positive or negative performance for the company itself, but rather a significant investment by a major player.
Positives
- FMR LLC's investment signifies confidence in Grocery Outlet Holding Corp. from a major financial institution.
- The 5.1% stake indicates a substantial, though not controlling, interest, suggesting a potentially stable institutional investor.
Negatives
- The filing does not contain any negative financial or operational information about Grocery Outlet Holding Corp. itself, as it is a disclosure of ownership.
Risks
- The filing does not explicitly mention any risks related to Grocery Outlet Holding Corp.'s operations or financial health. The primary 'risk' from an investor's perspective would be the standard market risk associated with any equity investment.
Future Outlook
The filing itself is a disclosure of current ownership and does not contain forward-looking statements or guidance regarding Grocery Outlet Holding Corp.'s future performance. The future outlook for the investment depends on FMR LLC's ongoing investment strategy.
Management Comments
- FMR LLC certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a significant investment management firm, indicates a notable institutional interest in the grocery retail sector, specifically in Grocery Outlet Holding Corp. Such filings often precede or coincide with shifts in institutional holdings and can signal investor sentiment towards a company or its industry.
Stakeholder Impact
- Shareholders: The filing indicates a significant institutional investor, which can be viewed positively for stability, but also means a large block of shares is held by one entity.
- Management: The disclosure confirms FMR LLC's investment strategy is not aimed at influencing control, which provides clarity to management.
- Creditors: No direct impact is indicated.
Next Steps
- FMR LLC will continue to hold its shares in Grocery Outlet Holding Corp. in the ordinary course of business.
- Further filings may be required if FMR LLC's ownership stake changes significantly.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/31/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement. |
| 04/06/2026 | Date of joint filing of Schedule 13G. |
Keywords
Grocery Outlet Holding Corp, FMR LLC, Schedule 13G, Beneficial Ownership, Common Stock, Investment, SEC Filing, Institutional Investor
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