SCHEDULE: FMR LLC & Abigail Johnson Disclose 7.9% Stake in TD SYNNEX

FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, disclosing a 7.9% beneficial ownership stake in TD SYNNEX Corp as of September 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 6,482,929.92 shares of TD SYNNEX Corp common stock.
• This ownership represents 7.9% of the total outstanding common stock of TD SYNNEX Corp.
• The beneficial ownership is reported as of September 30, 2025.
• FMR LLC holds sole voting power over 6,454,541.96 shares and sole dispositive power over 6,482,929.92 shares.
• Abigail P. Johnson holds sole dispositive power over 6,482,929.92 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of TD SYNNEX Corp.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is its Director, Chairman, and CEO, with the Johnson family holding a controlling interest in FMR LLC.

Sentiment

Score: 5

Explanation: The filing is a standard disclosure of beneficial ownership by a large institutional investor and does not contain information that would inherently be positive or negative regarding the issuer's performance or prospects.

Positives

• A major institutional investor, FMR LLC (Fidelity), maintains a significant 7.9% stake in TD SYNNEX Corp, which can be interpreted as a sign of confidence in the company'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 changing or influencing control, indicating a passive investment stance.

Future Outlook

This filing is a factual disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding TD SYNNEX Corp's future performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This Schedule 13G filing indicates that FMR LLC, a major asset management firm (Fidelity), holds a significant passive stake in TD SYNNEX Corp. Such filings are common for large institutional investors that cross the 5% beneficial ownership threshold in publicly traded companies. It reflects FMR LLC's investment strategy within the technology distribution sector, where TD SYNNEX is a key player.

Related Party Transactions

• Abigail P. Johnson, a reporting person, is the Director, Chairman, and Chief Executive Officer of FMR LLC, the other reporting person.
• Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of FMR LLC, holding 49% of the voting power and forming a controlling group through a shareholders' voting agreement. This establishes a clear related party relationship between the two reporting entities.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional shareholder's stake, which can influence market perception and liquidity.
• Management: Awareness of a large, passive institutional holder.

Key Dates

Keywords

TD SYNNEX, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investment, Fidelity, shareholder, technology distribution