SCHEDULE 13G/A: FMR LLC and Abigail Johnson Disclose 7.1% Stake in QCR Holdings Inc.
Beneficial Ownership Report
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly filed an amendment to their Schedule 13G, disclosing beneficial ownership of 7.1% of QCR Holdings Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson reported beneficial ownership of 1,195,735.36 shares of QCR Holdings Inc. common stock.
- This represents 7.1% of the total outstanding common stock of QCR Holdings Inc.
- FMR LLC holds sole voting power over 1,195,052.00 shares and sole dispositive power over 1,195,735.36 shares.
- Abigail P. Johnson holds sole dispositive power over 1,195,735.36 shares.
- 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.
- The filing is an Amendment No. 1 to a previous Schedule 13G.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership, as is typical for a Schedule 13G filing. It does not contain positive or negative performance indicators, but the presence of a significant institutional investor can be viewed as a neutral to slightly positive signal.
Positives
- A significant 7.1% beneficial ownership stake in QCR Holdings Inc. by FMR LLC and its leadership, indicating institutional confidence in the company.
Future Outlook
NA
Management Comments
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
This filing indicates continued institutional investment interest in the banking sector, specifically in regional banks like QCR Holdings Inc., by major asset managers such as FMR LLC.
Stakeholder Impact
- The disclosure of a significant institutional stake by FMR LLC may provide increased confidence to existing shareholders and potential investors regarding the company's stability and attractiveness to large funds.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | FMR LLC's Schedule 13G filing date, referencing Power of Attorney (accession number: -23-000003). |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | FMR LLC's Schedule 13G filing date, referencing Abigail P. Johnson's Power of Attorney (accession number: -23-000038). |
| 2024-12-31 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 2025-02-11 | Filing date of the Schedule 13G Amendment No. 1. |
Keywords
QCR Holdings Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Financial Services, Banking Sector
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