SCHEDULE 13G/A: FMR LLC Boosts Western Digital Stake to 9.5%
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson report a 9.5% beneficial ownership stake in Western Digital Corp. as of June 30, 2025, holding over 33 million shares.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 33,239,190.60 shares of Western Digital Corp. common stock.
- This ownership represents 9.5% of the total outstanding common stock of Western Digital Corp.
- FMR LLC holds sole voting power over 31,525,543.49 shares and sole dispositive power over 33,239,190.60 shares.
- Abigail P. Johnson holds sole dispositive power over 33,239,190.60 shares.
- The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Western Digital Corp.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G) and does not contain information that would inherently indicate a positive or negative sentiment regarding the issuer's performance or prospects. It simply reports a significant institutional stake.
Positives
- A major institutional investor, FMR LLC, maintains a significant 9.5% stake in Western Digital Corp., indicating continued confidence in the company.
- The filing explicitly states the shares are held in the ordinary course of business, not for control, which suggests a long-term investment perspective.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding Western Digital Corp.'s future performance or outlook.
Industry Context
This beneficial ownership filing reflects an institutional investor's position in Western Digital Corp., a major player in the data storage and memory solutions industry, but does not provide broader industry trend analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding a large institutional investor's significant stake, which may influence market perception and investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas, authorizing him to sign on behalf of FMR LLC and Abigail P. Johnson. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-002397) where the Power of Attorney is incorporated by reference. |
| 2025-06-30 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-08-05 | Date of filing of this Schedule 13G Amendment No. 3. |
Keywords
Western Digital, WDC, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Data Storage, Memory
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.