SCHEDULE 13G/A: FMR LLC and Abigail Johnson Maintain 9.9% Stake in TD SYNNEX Corp

FMR LLC and its affiliate Abigail P. Johnson have filed an amended Schedule 13G, disclosing a continued beneficial ownership of 9.9% of TD SYNNEX Corp's common stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 8,320,920.83 shares of TD SYNNEX Corp's common stock.
• This stake represents 9.9% of the total outstanding common stock of TD SYNNEX Corp.
• The filing is an Amendment No. 22 to a Schedule 13G, indicating an ongoing reporting requirement for this significant ownership position.
• The reporting persons certify that 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.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual reporting person.
• Abigail P. Johnson serves as a Director, Chairman, and Chief Executive Officer of FMR LLC and is a predominant owner of its Series B voting common shares.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.

Sentiment

Score: 5

Explanation: The document is a standard beneficial ownership disclosure (Schedule 13G) and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook. It is a factual report of an existing stake.

Future Outlook

NA

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 filing is a routine disclosure of a significant passive ownership stake by a major institutional investor, FMR LLC (Fidelity), in TD SYNNEX Corp, a global IT distributor. Such disclosures are common for large asset managers and reflect investment allocation decisions rather than specific industry trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, which can be viewed as a signal of confidence or stability.
• Management: Awareness of a large, passive institutional investor on their shareholder register.

Key Dates

Keywords

TD SYNNEX CORP, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Disclosure