SCHEDULE: FMR LLC Discloses 12.4% Stake in Wolfspeed Inc.
Beneficial Ownership Disclosure
FMR LLC and its affiliates, including Abigail P. Johnson, reported a beneficial ownership of 12.4% of Wolfspeed Inc.'s common stock as of September 30, 2025.
Summary
- FMR LLC and its affiliates beneficially own 3,210,752 shares of Wolfspeed Inc./DE common stock.
- This ownership represents 12.4% of the total outstanding common stock of Wolfspeed Inc./DE.
- The filing was made pursuant to Rule 13d-1(b), indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
- FMR LLC holds sole voting power over 3,131,601 shares and sole dispositive power over 3,210,752 shares.
- Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, is also deemed to beneficially own 3,210,752 shares with sole dispositive power, due to her role and the Johnson family's controlling interest in FMR LLC.
- Several FMR LLC subsidiaries and affiliates, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
Sentiment
Score: 7
Explanation: The disclosure of a significant beneficial ownership stake by a major institutional investor like FMR LLC is generally viewed positively, indicating investor confidence. However, it is a factual ownership report, not an an operational update, hence not a 'strong buy' signal.
Positives
- A significant institutional investor like FMR LLC holding a 12.4% stake can signal confidence in Wolfspeed Inc.'s long-term prospects.
- The disclosure indicates that the shares are held in the ordinary course of business, suggesting a passive investment rather than an activist intent to influence control.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance from Wolfspeed Inc./DE or the reporting persons regarding Wolfspeed's future performance or strategic direction.
Industry Context
The disclosure of a significant institutional stake by FMR LLC in Wolfspeed Inc./DE highlights continued investor interest in companies within the semiconductor and power electronics sectors, which are critical for various advanced technologies and infrastructure.
Related Party Transactions
- FMR LLC and its affiliates, including Abigail P. Johnson, are significant beneficial owners of Wolfspeed Inc./DE common stock, representing 12.4% of the class.
Stakeholder Impact
- Shareholders of Wolfspeed Inc./DE will note the significant institutional ownership, which can influence market perception and liquidity.
- The disclosure confirms a substantial, but passive, investment by a major financial institution.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its subsidiaries, authorizing Stephanie J. Brown to sign. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson, authorizing Stephanie J. Brown to sign. |
| 2025-09-30 | Date of event which requires the filing of this statement (measurement date for beneficial ownership). |
| 2025-10-06 | Date of filing of this Schedule 13G statement. |
Keywords
Wolfspeed, FMR LLC, institutional ownership, Schedule 13G, common stock, beneficial ownership, semiconductor, power electronics
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