FMR LLC & Abigail Johnson Trim Builders FirstSource Stake to 2.006%

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

From the Filing

0000315066-24-000030.txt : 20240110 0000315066-24-000030.hdr.sgml : 20240110 20240110085327 ACCESSION NUMBER: 0000315066-24-000030 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240110 DATE AS OF CHANGE: 20240110 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Builders FirstSource, Inc. CENTRAL INDEX KEY: 0001316835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522084569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81419 FILM NUMBER: 24524973 BUSINESS ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (214) 880-3500 MAIL ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.4 BUILDERS FIRSTSOURCE INC COMMON STOCK Cusip #12008R107 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #12008R107 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 2,458,754 Item 6: 0 Item 7: 2,475,070 Item 8: 0 Item 9: 2,475,070 Item 11: 2.006% Item 12: HC Cusip #12008R107 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 2,475,070 Item 8: 0 Item 9: 2,475,070 Item 11: 2.006% Item 12: IN Item 1(a). Name of Issuer: BUILDERS FIRSTSOURCE INC Item 1(b). Address of Issuer's Principal Executive Offices: 2001 BRYAN STREET, SUITE 1600 DALLAS, TX 75201 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 12008R107 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 2,475,070 (b) Percent of Class: 2.006% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 2,475,070 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership 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 (X). Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of BUILDERS FIRSTSOURCE INC. No one other person's interest in the COMMON STOCK of BUILDERS FIRSTSOURCE INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exh