SCHEDULE 13G/A: FIL Limited and Affiliates Disclose 10.2% Stake in Zepp Health Corp Class A Common Stock

FIL Limited, along with its affiliates Pandanus Partners, L.P. and Pandanus Associates, Inc., has disclosed a combined beneficial ownership of 10.2% in Zepp Health Corp's Class A Common Stock as of April 30, 2025.

Summary

• FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. collectively beneficially own 11,512,688 shares of Zepp Health Corp's Class A Common Stock.
• This aggregate ownership represents 10.2% of the total outstanding Class A Common Stock.
• FIL Limited holds sole voting power over 9,898,944 shares.
• All three reporting persons (FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc.) hold sole dispositive power over 11,512,688 shares.
• Fidelity China Special Situations PLC, an entity related to the reporting persons, has the right to receive dividends or proceeds from 6,581,376 shares, which constitutes 5.8% of the Class A Common Stock.
• The filing is an Amendment No. 6 to a Schedule 13G, indicating an update to previously reported ownership.

Sentiment

Score: 5

Explanation: Neutral. This is a factual disclosure of beneficial ownership, not a performance report or strategic announcement. The presence of a large institutional investor is generally positive, but the document itself is neutral in tone and content regarding the issuer's performance.

Positives

• Significant institutional ownership by FIL Limited and its affiliates, potentially signaling confidence in Zepp Health Corp.
• The disclosure of a 10.2% stake by a major financial institution like FIL Limited can enhance the company's visibility and credibility among investors.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Pandanus Partners, L.P. owns voting stock in FIL Limited, representing between 25% and 48.5% of total voting power.
• Pandanus Associates, Inc. acts as the general partner of Pandanus Partners, L.P.
• Pandanus is owned by trusts for the benefit of members of the Johnson family, including FIL's Chairman Abigail P. Johnson.
• Fidelity China Special Situations PLC has an interest in 6,581,376 shares (5.8%) of Zepp Health Corp's Class A Common Stock, and is known to have the right to receive dividends or proceeds from these securities.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence investor perception and potentially stock liquidity.
• Management: Awareness of a large institutional shareholder may influence corporate strategy and governance considerations.

Key Dates

Keywords

Zepp Health Corp, Class A Common Stock, FIL Limited, Pandanus Partners, Pandanus Associates, Beneficial Ownership, Schedule 13G, Institutional Investor, SEC Filing, Fidelity China Special Situations PLC