JPMorgan Chase Discloses 5.0% Passive Stake in Silgan Holdings

TL;DR

**JPMorgan just revealed a 5.0% passive stake in Silgan Holdings, signaling institutional confidence.**

AI Summary

JPMorgan Chase & Co. reported a significant passive ownership stake in Silgan Holdings Inc. (NASDAQ: SLGN) as of December 29, 2023. This filing indicates that JPMorgan now holds 5.0% of Silgan's common stock, totaling 5,496,257 shares. This matters to investors because a major financial institution like JPMorgan taking a substantial position can signal confidence in Silgan's future prospects, potentially attracting more investor interest and influencing stock price.

Why It Matters

A large institutional investor like JPMorgan Chase & Co. acquiring a 5.0% stake in Silgan Holdings Inc. can be seen as a vote of confidence, potentially boosting investor sentiment and the stock's perceived value.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large institution, which generally carries low risk for existing shareholders.

Analyst Insight

A smart investor would view JPMorgan's 5.0% passive stake as a positive signal, potentially warranting further research into Silgan Holdings Inc.'s fundamentals and market position.

Key Numbers

• 5,496,257 — Shares Beneficially Owned (JPMorgan's total shares in Silgan Holdings)
• 5.0% — Percentage of Class (JPMorgan's ownership percentage of Silgan's common stock)
• $0.01 — Par Value per Share (Par value of Silgan Holdings Common Stock)

Key Players & Entities

• JPMorgan Chase & Co. (company) — filer and beneficial owner
• Silgan Holdings Inc. (company) — subject company
• 5,496,257 (dollar_amount) — number of shares beneficially owned
• 5.0% (dollar_amount) — percentage of class beneficially owned
• December 29, 2023 (person) — date of event requiring filing

Forward-Looking Statements

• Increased institutional interest in Silgan Holdings Inc. (Silgan Holdings Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• SILGAN_HOLDINGS_INC.htm (SC 13G) — 86KB
• 0000019617-24-000060.txt ( ) — 88KB

From the Filing

SC 13G 1 SILGAN_HOLDINGS_INC.htm FILING SILGAN HOLDINGS INC. Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* SILGAN HOLDINGS INC. (Name of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securities) 827048109 (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. 827048109 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 7,051,830 6 SHARED VOTING POWER 134 7 SOLE DISPOSITIVE POWER 7,326,167 8 SHARED DISPOSITIVE POWER 143 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,326,310 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) 6.8 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer SILGAN HOLDINGS INC. (b) Address of Issuer's Principal Executive Offices 4 Landmark Square, Stamford, Connecticut 06901 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 Stock, par value $0.01 per share (e) CUSIP Number 827048109 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: 7,326,310 (b) Percent of class: 6.8 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 7,051,830 (ii) Shared power to vote or to direct the vote: 134 (iii) Sole power to dispose or to direct the disposition of: 7,326,167 (iv) Shared power to dispose or to direct the disposition of: 143 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 Asset Management (UK) Limited J.P. MORGAN SE JPMorgan Chase Bank, Na