SCHEDULE 13G/A: FIL Limited and Affiliates Report 4.8% Passive Stake in LexinFintech Holdings Ltd.

FIL Limited, along with its affiliates Pandanus Partners, L.P. and Pandanus Associates, Inc., has reported a passive beneficial ownership of 4.8% of LexinFintech Holdings Ltd.'s Class A Common Stock as of March 31, 2025.

Summary

• FIL Limited, a Bermuda-based entity, and its affiliates, Pandanus Partners, L.P. and Pandanus Associates, Inc., have filed an Amendment No. 3 to Schedule 13G.
• The filing reports an aggregate beneficial ownership of 12,249,304 shares of LexinFintech Holdings Ltd.'s Class A Common Stock.
• This ownership represents 4.8% of the total outstanding Class A Common Stock.
• FIL Limited holds sole voting power over 10,862,958 shares and sole dispositive power over 12,249,304 shares.
• Pandanus Partners, L.P. and Pandanus Associates, Inc. each hold sole dispositive power over 12,249,304 shares, with no sole or shared voting power.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual report of beneficial ownership, providing no positive or negative performance indicators or forward-looking statements.

Related Party Transactions

• Pandanus Partners, L.P. is owned by trusts for the benefit of members of the Johnson family, including FIL's Chairman Abigail P. Johnson. However, these family members disclaim beneficial ownership of the reported securities.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant passive ownership stakes in LexinFintech Holdings Ltd.

Key Dates

Keywords

LexinFintech Holdings Ltd., FIL Limited, Pandanus Partners L.P., Pandanus Associates Inc., Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Passive Investment, Institutional Investor