SCHEDULE: FMR LLC Reports 4.1% Stake in THRYV HOLDINGS INC
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.1% of THRYV HOLDINGS INC's common stock as of February 27, 2026.
Summary
- FMR LLC and Abigail P. Johnson reported beneficial ownership of 1,831,468.90 shares of THRYV HOLDINGS INC common stock.
- This represents 4.1% of the total outstanding common stock of THRYV HOLDINGS INC.
- The filing is an Amendment No. 7 to a Schedule 13G, indicating a change from a previous filing.
- FMR LLC, classified as a parent holding company, holds sole voting power over 1,828,559.00 shares and sole dispositive power over 1,831,468.90 shares.
- Abigail P. Johnson, as an individual and CEO of FMR LLC, is deemed to have shared dispositive power over the same 1,831,468.90 shares.
- The shares were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- FMR LLC's subsidiaries, including FIAM LLC, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, are identified as investment advisers.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. It is a routine disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects.
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
StockSavvy.ai notes that institutional filings like this Schedule 13G provide transparency into significant ownership stakes by major investment firms. FMR LLC (Fidelity) is a prominent asset manager, and its reported 4.1% stake in THRYV HOLDINGS INC indicates continued institutional interest in the company, aligning with broader trends of active portfolio management by large funds.
Comparison to Industry Standards
- StockSavvy.ai observes that a 4.1% stake is a notable, but not controlling, position for a large institutional investor like FMR LLC. Compared to other institutional holdings, this size of stake is common for a diversified fund manager.
- For instance, similar stakes are often seen in mid-cap companies where institutional investors build positions without seeking activist roles, unlike larger, more concentrated holdings seen in private equity or activist funds like Elliott Management or Starboard Value, which typically target stakes exceeding 5% to 10% to exert influence.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Ownership Structure Clarification | The filing clarifies that members of the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares of FMR LLC, representing 49% of voting power, and have a shareholders' voting agreement to vote in accordance with the majority. This forms a controlling group with respect to FMR LLC under the Investment Company Act of 1940. | NA | Provides transparency into the internal governance and control structure of the reporting entity, FMR LLC, rather than the issuer, THRYV HOLDINGS INC. |
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, which can offer some confidence in institutional interest, though the stake is below the 5% threshold for more active disclosure requirements.
- Investors: Offers insight into the portfolio allocation decisions of a major asset manager, FMR LLC (Fidelity).
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date of Power of Attorney for FMR LLC. |
| 01/10/2023 | Date of Schedule 13G filing by FMR LLC where Power of Attorney was incorporated by reference. |
| 01/26/2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 01/31/2023 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 02/27/2026 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 03/05/2026 | Date of joint filing of this Schedule 13G. |
Keywords
THRYV HOLDINGS INC, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Fidelity
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