SCHEDULE: FMR LLC Discloses 12.7% Stake in Onterris Inc.
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have reported beneficial ownership of 12.7% of Onterris Inc.'s common stock as of August 31, 2026.
Summary
- FMR LLC, through its reporting entities including Abigail P. Johnson, has disclosed beneficial ownership of 4,461,078 shares of Onterris Inc. common stock.
- This holding represents 12.7% of the total outstanding common stock of Onterris Inc.
- The filing is made under Schedule 13G, indicating that the ownership is not for the purpose of changing or influencing control of the issuer.
- Fidelity Value Fund holds a significant portion of these shares, amounting to 2,311,528 shares or 6.6% of the total outstanding common stock.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this filing as moderately positive, indicating a significant but not overwhelming institutional ownership stake, suggesting confidence from a major financial entity.
Positives
- Significant institutional ownership by FMR LLC (12.7%) suggests confidence in Onterris Inc.'s future prospects.
- The filing indicates that a substantial portion of the shares (6.6%) are held by Fidelity Value Fund, a well-known investment vehicle.
Negatives
- No explicit negative financial or operational information is presented in this Schedule 13G filing.
Risks
- While not explicitly stated as a risk in this filing, significant institutional ownership can lead to increased volatility if the institution decides to divest its holdings.
Future Outlook
This filing does not contain forward-looking statements or guidance. It is a disclosure of beneficial ownership.
Management Comments
- FMR LLC and Abigail P. Johnson certify 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 significant institutional filings like this Schedule 13G are common in the investment management industry and reflect active portfolio management by large financial entities.
Stakeholder Impact
- Shareholders: Increased institutional ownership may lead to greater market liquidity and potentially more stable share price, but also introduces the risk of large sell-offs by the reporting entity.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership of Onterris Inc. common stock, subject to ordinary course of business activities.
Key Dates
| Date | Description |
|---|---|
| 08/31/2026 | Date of Event Which Requires Filing of this Statement |
| 09/04/2026 | Date of joint filing agreement and signatures |
Keywords
Onterris Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Fidelity Value Fund
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