SCHEDULE: FMR LLC Discloses 13.5% Stake in Sprouts Farmers Market

FMR LLC, along with Abigail P. Johnson, has reported a beneficial ownership of 13.5% in Sprouts Farmers Market Inc. as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Sprouts Farmers Market Inc. common stock.
• The filing, dated March 31, 2026, shows a total of 12,774,138.15 shares beneficially owned, representing 13.5% of the class.
• FMR LLC holds sole voting power for 10,676,186.77 shares and sole dispositive power for 12,774,138.15 shares.
• Abigail P. Johnson is identified as an "IN" type reporting person, with shared voting and dispositive power, and also beneficially owns 12,774,138.15 shares.
• The filing is made under Rule 13d-1(b), indicating FMR LLC is likely an investment adviser or similar entity.
• Exhibit 99 details various FMR LLC subsidiaries and affiliates involved in the beneficial ownership, including FIAM LLC, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, all classified as Investment Advisers (IA).
• Abigail P. Johnson's role as Director, Chairman, and CEO of FMR LLC is noted, along with the Johnson family's predominant ownership of FMR LLC's voting shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral; it's a routine ownership disclosure and does not inherently signal positive or negative performance for Sprouts Farmers Market Inc. itself.

Positives

• FMR LLC, a significant investment management entity, has a substantial stake in Sprouts Farmers Market Inc., suggesting confidence in the company's prospects.
• The filing indicates a clear and substantial beneficial ownership, providing transparency to the market regarding a major shareholder.

Negatives

• The filing does not contain specific financial performance data for Sprouts Farmers Market Inc., focusing solely on ownership disclosure.

Risks

• The concentration of ownership by FMR LLC and related entities could potentially influence corporate governance decisions.
• While not explicitly stated as a risk in this filing, significant ownership by a large investment firm can sometimes lead to activist investor actions if performance falters.

Future Outlook

This filing is a disclosure of beneficial ownership as of a past date (March 31, 2026) and does not contain forward-looking statements or guidance regarding Sprouts Farmers Market Inc.'s future performance.

Management Comments

• FMR LLC: "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
• Abigail P. Johnson: Identified as Director, Chairman and Chief Executive Officer of FMR LLC.
• Johnson family members may be deemed to form a controlling group with respect to FMR LLC through ownership of voting common shares and a shareholders' voting agreement.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for institutional investors crossing certain ownership thresholds. FMR LLC's significant stake in Sprouts Farmers Market Inc. positions it as a major institutional holder, a common trend in the grocery and retail sector where large asset managers often hold substantial positions.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant institutional investor's holdings.
• Management of Sprouts Farmers Market Inc.: Awareness of FMR LLC's substantial interest may influence strategic discussions and governance.
• Competitors: Information on major holders can provide insights into market sentiment and investment strategies within the grocery sector.

Next Steps

• Continued monitoring of FMR LLC's ownership stake and any subsequent filings related to Sprouts Farmers Market Inc.

Key Dates

Keywords

Sprouts Farmers Market, FMR LLC, Schedule 13G, Beneficial Ownership, Investment Management, Common Stock, SEC Filing, Abigail P. Johnson, Fidelity