SCHEDULE: FMR LLC and Abigail P. Johnson Disclose 10.9% Stake in Sanmina Corp

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, disclosing a beneficial ownership of 10.9% of Sanmina Corp's common stock as of June 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson collectively reported beneficial ownership of 5,805,957.59 shares of Sanmina Corp's common stock.
• This aggregate amount represents 10.9% of Sanmina Corp's outstanding common stock.
• FMR LLC holds sole voting power over 5,796,222.00 shares and sole dispositive power over 5,805,957.59 shares.
• Abigail P. Johnson holds sole dispositive power over 5,805,957.59 shares, with no sole or shared voting power directly attributed.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Sanmina Corp.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is classified as an individual reporting person.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While a Schedule 13G is primarily a factual disclosure, the maintenance of a significant 10.9% stake by a prominent institutional investor like FMR LLC, explicitly stating it's for investment purposes and not control, can be viewed favorably by the market as a vote of confidence.

Positives

• The disclosure of a significant 10.9% stake by a major institutional investor like FMR LLC can signal confidence in Sanmina Corp's long-term prospects.
• The filing explicitly states that the shares are held in the ordinary course of business and not for the purpose of influencing control, suggesting a passive, investment-oriented position.

Negatives

• No explicit negatives are present in this beneficial ownership disclosure.

Risks

• This document does not detail specific risks related to Sanmina Corp's operations or financial health; it is solely a beneficial ownership filing.

Future Outlook

This document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding Sanmina Corp's future outlook.

Industry Context

This filing reflects a significant ownership stake by a major asset management firm in a specific company. It does not provide broader industry trends or competitive analysis, focusing solely on the ownership structure of Sanmina Corp.

Related Party Transactions

• Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of the voting power. They have a shareholders' voting agreement, which may deem them a controlling group with respect to FMR LLC under the Investment Company Act of 1940. This establishes a related party relationship within the FMR LLC reporting group, though not a transaction with Sanmina Corp.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake can influence investor perception and potentially share price, signaling confidence or a long-term investment horizon from a major fund.
• Management: Awareness of a large, passive institutional investor holding a substantial stake may influence strategic decisions, though the filing explicitly states no intent to influence control.

Key Dates

Keywords

Sanmina Corp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, SEC Filing, Equity Stake