JPMorgan Amends NXP Semiconductors Stake as of Dec 29, 2023
Ticker: NXPI · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1413447
| Field | Detail |
|---|---|
| Company | Nxp Semiconductors N.V. (NXPI) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**JPMorgan updated its NXP Semiconductors stake, signaling a potential shift in institutional confidence.**
AI Summary
JPMorgan Chase & Co. filed an amended Schedule 13G/A on January 23, 2024, indicating a change in their beneficial ownership of NXP Semiconductors N.V. common shares as of December 29, 2023. This amendment, the third for JPMorgan, shows their updated stake in the semiconductor company. This matters to investors because it provides transparency into a major institutional investor's position, potentially signaling their confidence or lack thereof in NXP Semiconductors' future performance.
Why It Matters
This filing reveals an updated position from a major institutional investor, JPMorgan Chase & Co., which can influence market perception and investor sentiment towards NXP Semiconductors N.V.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present significant new risks to investors.
Analyst Insight
Investors should note this update from JPMorgan Chase & Co. and consider it as one data point among many when evaluating their investment in NXP Semiconductors N.V., but it doesn't necessitate immediate action without further details on the change in ownership percentage.
Key Players & Entities
- JPMorgan Chase & Co. (company) — the entity filing the SC 13G/A
- NXP Semiconductors N.V. (company) — the subject company whose shares are being reported
- December 29, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- EUR 0.20 (dollar_amount) — par value of NXP Semiconductors N.V. common shares
FAQ
What type of filing is this document and what does it signify?
This document is an SC 13G/A, which is an amendment to a Schedule 13G. It signifies that JPMorgan Chase & Co., a beneficial owner of NXP Semiconductors N.V. shares, is updating its previously reported ownership information as of December 29, 2023.
Who is the 'Subject Company' in this filing?
The 'Subject Company' is NXP Semiconductors N.V., identified by the Central Index Key (CIK) 0001413447 and classified under 'SEMICONDUCTORS & RELATED DEVICES'.
Who is the 'Filed By' entity in this document?
The 'Filed By' entity is JPMorgan Chase & Co., identified by the Central Index Key (CIK) 0000019617 and classified under 'NATIONAL COMMERCIAL BANKS'.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common shares, EUR 0.20 par value, of NXP Semiconductors N.V. is N6596X109.
When was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as stated in the filing.
Filing Stats: 1,004 words · 4 min read · ~3 pages · Grade level 7.7 · Accepted 2024-01-23 09:40:30
Filing Documents
- NXP_Semiconductors_NV.htm (SC 13G/A) — 86KB
- 0000019617-24-000127.txt ( ) — 88KB
From the Filing
SC 13G/A 1 NXP_Semiconductors_NV.htm FILING NXP SEMICONDUCTORS N.V. Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 03 )* NXP Semiconductors N.V. (Name of Issuer) Common shares, EUR 0.20 par value (Title of Class of Securities) N6596X109 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. N6596X109 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 22,257,453 6 SHARED VOTING POWER 128,102 7 SOLE DISPOSITIVE POWER 25,969,411 8 SHARED DISPOSITIVE POWER 226,928 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 26,200,067 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.1 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer NXP Semiconductors N.V. (b) Address of Issuer's Principal Executive Offices 60 High Tech Campus, Eindhoven, Netherlands 5656 AG Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Common shares, EUR 0.20 par value (e) CUSIP Number N6596X109 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 26,200,067 (b) Percent of class: 10.1 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 22,257,453 (ii) Shared power to vote or to direct the vote: 128,102 (iii) Sole power to dispose or to direct the disposition of: 25,969,411 (iv) Shared power to dispose or to direct the disposition of: 226,928 Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware J.P. Morgan Securities LLC JPMorgan Chase Bank, National Association JPMo