SCHEDULE 13G/A: JPMorgan Chase & Co. Discloses 7.9% Stake in Seagate Technology Holdings PLC
Beneficial Ownership Report
JPMorgan Chase & Co. has filed an amended Schedule 13G, revealing a beneficial ownership of 7.9% in Seagate Technology Holdings PLC as of December 31, 2024.
Summary
- JPMorgan Chase & Co. reported beneficial ownership of 16,848,908 ordinary shares of Seagate Technology Holdings PLC.
- This ownership represents 7.9% of Seagate Technology Holdings PLC's outstanding ordinary shares.
- The filing is an Amendment No. 4 to a Schedule 13G, indicating a change in previously reported ownership.
- JPMorgan Chase & Co. holds sole voting power over 14,280,861 shares and shared voting power over 189,502 shares.
- The firm also holds sole dispositive power over 16,644,741 shares and shared dispositive power over 192,747 shares.
- The filing was made by JPMorgan Chase & Co. as a parent holding company, with several subsidiaries identified as acquiring entities, including J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC, and JPMorgan Chase Bank, National Association, among others.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or forward-looking statements that would indicate a positive or negative sentiment. It is neutral.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant ownership stake by a large financial institution in a publicly traded company. It reflects an investment position rather than operational or strategic news from Seagate Technology Holdings PLC itself. Such filings are common for major institutional investors like JPMorgan Chase & Co., which manage vast portfolios across various industries.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in Seagate Technology Holdings PLC, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement, reflecting the beneficial ownership position. |
| 02/12/2025 | Date the Schedule 13G Amendment No. 4 was signed by Rachel Tsvaygoft, Vice President of JPMorgan Chase & Co. |
Keywords
JPMorgan Chase & Co., Seagate Technology Holdings PLC, Schedule 13G, Beneficial Ownership, SEC Filing, Ordinary Shares, Institutional Investor, Equity Stake
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