SCHEDULE 13G/A: Thrivent Financial Updates Significant Stake in John B. Sanfilippo & Son Inc., Reports 8.3% Ownership
Beneficial Ownership Disclosure
Thrivent Financial for Lutherans has filed an amended Schedule 13G, disclosing a beneficial ownership of 8.3% in John B. Sanfilippo & Son Inc. common stock as of March 31, 2025.
Summary
- Thrivent Financial for Lutherans, a Wisconsin fraternal benefit society, is the reporting person for this Schedule 13G Amendment No. 4.
- The filing pertains to the Common Stock of SANFILIPPO JOHN B & SON INC, with CUSIP Number 800422107.
- As of March 31, 2025, Thrivent Financial for Lutherans beneficially owns an aggregate of 964,671 shares of John B. Sanfilippo & Son Inc. Common Stock.
- This ownership represents 8.3% of the class, calculated based on 11,638,067 shares outstanding as of January 23, 2025, as reported in the Company's Form 10-Q filed on January 29, 2025.
- Thrivent Financial for Lutherans holds sole voting and dispositive power over 5,123 shares, but disclaims beneficial ownership of these shares, which are held in the Thrivent Financial Defined Benefit Plan Trust.
- Shared voting and dispositive power is held over 959,548 shares.
- This shared power includes 258,871 shares held by registered investment companies for which Thrivent Financial for Lutherans serves as investment adviser, and 700,677 shares held by registered investment companies for which Thrivent Asset Management, LLC (a wholly-owned subsidiary) serves as investment adviser.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership, providing factual data without expressing explicit positive or negative sentiment regarding the issuer's performance or prospects.
Positives
- Thrivent Financial for Lutherans, a significant institutional investor, maintains a substantial 8.3% stake in John B. Sanfilippo & Son Inc., signaling continued confidence in the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding, which can offer insights into institutional confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2025-01-23 | Date of outstanding share count for John B. Sanfilippo & Son Inc. (11,638,067 shares). |
| 2025-01-29 | Date of filing of John B. Sanfilippo & Son Inc.'s Quarterly Report on Form 10-Q. |
| 2025-03-31 | Date of event which requires the filing of this Schedule 13G statement. |
| 2025-04-29 | Date of filing of this Schedule 13G Amendment No. 4. |
Keywords
John B. Sanfilippo & Son Inc., Thrivent Financial for Lutherans, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Equity Stake, Nut Processing, Food Industry
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