SCHEDULE 13G/A: FMR LLC & Abigail Johnson Boost Wolfspeed Stake to 10.6%
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 10.6% of Wolfspeed Inc./DE's common stock as of September 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 2,737,652 shares of Wolfspeed Inc./DE common stock.
- This represents 10.6% of the total outstanding common stock of Wolfspeed Inc./DE.
- The ownership is reported as of September 30, 2025.
- FMR LLC holds sole voting power over 2,659,126 shares and sole dispositive power over 2,737,652 shares.
- Abigail P. Johnson, as a control person of FMR LLC, is also deemed to beneficially own these shares.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
Sentiment
Score: 6
Explanation: The filing is a routine disclosure of beneficial ownership by a significant institutional investor. The maintenance of a substantial stake (10.6%) is generally a neutral to slightly positive signal, indicating continued confidence without providing new operational or financial insights into the company's performance.
Positives
- A significant institutional investor, FMR LLC, and its principal, Abigail P. Johnson, maintain a substantial stake of 10.6% in Wolfspeed Inc./DE, indicating continued confidence in the company.
Risks
- The Johnson family group, including Abigail P. Johnson, through their ownership of voting common shares and a shareholders' voting agreement, may be deemed to form a controlling group with respect to FMR LLC, which could influence FMR LLC's investment decisions.
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding Wolfspeed Inc./DE's future performance or operations.
Industry Context
This filing reflects a significant ownership stake by a major institutional investor in Wolfspeed Inc./DE, a company operating in the semiconductor industry, particularly known for silicon carbide technology. Such institutional holdings are common in the industry, indicating investor interest in companies with strong technological positions and growth potential.
Stakeholder Impact
- Shareholders: The continued significant ownership by FMR LLC and Abigail P. Johnson may be viewed positively as a vote of confidence from a major institutional investor, potentially stabilizing investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2025-09-30 | Date of event requiring the filing of this statement, reflecting beneficial ownership. |
| 2025-10-24 | Filing date of the Schedule 13G Amendment No. 1. |
Keywords
Wolfspeed, WOLFSPEED INC/DE, FMR LLC, Abigail P. Johnson, Institutional Ownership, Beneficial Ownership, Common Stock, Semiconductors, Power Electronics, Silicon Carbide
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