FMR LLC & Abigail Johnson Trim CF Industries Stake to 2.553%
Ticker: CF · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, portfolio-change
TL;DR
**FMR LLC and Abigail Johnson cut their CF Industries stake to 2.553%.**
AI Summary
FMR LLC, a major investment management firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in CF Industries Holdings, Inc. (CF) to 2.553% as of February 9, 2024. This represents a beneficial ownership of 4,878,046 shares of common stock. This filing indicates a slight decrease in their reported stake compared to previous filings, which could signal a minor shift in their investment strategy or portfolio rebalancing, potentially influencing other investors' perceptions of CF's stock.
Why It Matters
This filing shows that a significant institutional investor, FMR LLC, and its leader, Abigail P. Johnson, have slightly reduced their ownership in CF Industries, which might be interpreted by the market as a less bullish stance on the company's future prospects.
Risk Assessment
Risk Level: low — The change in ownership is minor and does not indicate a significant divestment or a major shift in control, posing low risk to current shareholders.
Analyst Insight
Investors should note the minor reduction in FMR LLC's stake but consider it in the broader context of CF Industries' performance and sector trends, rather than as a standalone bearish signal.
Key Numbers
- 4,878,046 — Shares Beneficially Owned (Total common stock shares of CF Industries Holdings, Inc. owned by FMR LLC and Abigail P. Johnson.)
- 2.553% — Percent of Class (The percentage of CF Industries Holdings, Inc.'s common stock class beneficially 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
- CF Industries Holdings, Inc. (company) — issuer of the securities
- 4,878,046 (dollar_amount) — number of shares beneficially owned
- 2.553% (dollar_amount) — percentage of class beneficially owned
Forward-Looking Statements
- The slight reduction in FMR LLC's stake in CF Industries may lead to a neutral to slightly negative short-term market reaction for CF stock. (CF Industries Holdings, Inc.) — medium confidence, target: 1-3 months
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 CUSIP number for CF Industries Holdings, Inc. common stock?
The CUSIP number for CF Industries Holdings, Inc. common stock is 125269100, as listed in Item 2(e) of the filing.
What percentage of CF Industries Holdings, Inc. common stock does FMR LLC beneficially own?
FMR LLC beneficially owns 2.553% of CF Industries Holdings, Inc. common stock, as indicated in Item 4(b) and Item 11 for both reporting persons.
How many shares of CF Industries Holdings, Inc. common stock are beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson each beneficially own 4,878,046 shares of CF Industries Holdings, Inc. common stock, as shown in Item 4(a) and Item 9 on the cover page for both reporting persons.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the first page of the filing.
From the Filing
EDGAR Filing Documents for 0000315066-24-001089 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000315066-24-001089 Filing Date 2024-02-09 Accepted 2024-02-09 08:50:20 Documents 1 Document Format Files Seq Description Document Type Size 1 filing.txt SC 13G/A 6643 Complete submission text file 0000315066-24-001089.txt 8304 Mailing Address 245 SUMMER STREET BOSTON MA 02210 Business Address 245 SUMMER STREET BOSTON MA 02210 6175706339 FMR LLC (Filed by) CIK : 0000315066 (see all company filings) EIN. : 043532603 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 0000 Mailing Address 2375 WATERVIEW DRIVE NORTHBROOK IL 60062 Business Address 2375 WATERVIEW DRIVE NORTHBROOK IL 60062 (847) 405-2400 CF Industries Holdings, Inc. (Subject) CIK : 0001324404 (see all company filings) EIN. : 202697511 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-80934 | Film No.: 24611510 SIC : 2870 Agricultural Chemicals (CF Office: 08 Industrial Applications and Services)