FMR LLC & Abigail Johnson Trim Builders FirstSource Stake to 2.006%
Ticker: BLDR · Form: SC 13G/A · Filed: Jan 10, 2024 · CIK: 1316835
| Field | Detail |
|---|---|
| Company | Builders Firstsource, Inc. (BLDR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 10, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, ownership-change
TL;DR
**FMR LLC and Abigail Johnson now own 2.006% of Builders FirstSource, down from previous filings.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Builders FirstSource, Inc. (BLDR) as of January 10, 2024. They now collectively beneficially own 2,475,070 shares of common stock, representing 2.006% of the company. This is an amendment to a previous filing, indicating a slight adjustment in their passive investment, which matters to investors as it shows a significant institutional holder's current, albeit reduced, commitment to the stock.
Why It Matters
This filing indicates a slight reduction in FMR LLC's and Abigail P. Johnson's passive ownership in Builders FirstSource, Inc., which could signal a minor shift in a major institutional investor's confidence or portfolio allocation.
Risk Assessment
Risk Level: low — This filing represents a passive investment adjustment by a large institutional investor, not a significant change in control or a major divestment.
Analyst Insight
Investors should note that a significant institutional holder, FMR LLC, and its principal, Abigail P. Johnson, have slightly adjusted their passive stake in Builders FirstSource, Inc. This is a routine update and doesn't suggest an immediate need for action, but it's worth monitoring future filings for any larger shifts in their position.
Key Numbers
- 2,475,070 — Shares Beneficially Owned (Total common stock shares held by FMR LLC and Abigail P. Johnson in Builders FirstSource, Inc.)
- 2.006% — Percent of Class (The percentage of Builders FirstSource, Inc. common stock owned by FMR LLC and Abigail P. Johnson.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- Builders FirstSource, Inc. (company) — the issuer of the securities
- 2,475,070 (dollar_amount) — shares beneficially owned
- 2.006% (dollar_amount) — percentage of class owned
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of shares of Builders FirstSource, Inc. common stock beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson beneficially own 2,475,070 shares of Builders FirstSource, Inc. common stock, as indicated in Item 4(a) and Item 7 on the cover page for both reporting persons.
What percentage of Builders FirstSource, Inc.'s common stock do the reporting persons collectively own?
The reporting persons collectively own 2.006% of Builders FirstSource, Inc.'s common stock, as stated in Item 4(b) and Item 11 on the cover page for both reporting persons.
What is the CUSIP number for Builders FirstSource, Inc. common stock mentioned in the filing?
The CUSIP number for Builders FirstSource, Inc. common stock is 12008R107, as listed in Item 2(e) and on the cover page.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the first page of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 10, 2024 by Abigail P. Johnson regarding Builders FirstSource, Inc. (BLDR).