FMR LLC & Abigail Johnson Hold 11.952% Stake in BJ's Wholesale Club

TL;DR

**FMR LLC and Abigail Johnson still own 11.952% of BJ's Wholesale Club.**

AI Summary

FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in BJ's Wholesale Club Holdings, Inc. (BJ). As of February 9, 2024, they collectively beneficially own 15,941,994 shares of common stock, representing 11.952% of the company. This filing indicates a significant, but passive, ownership position by a large institutional investor, which can signal confidence in the company's long-term prospects to current and potential shareholders.

Why It Matters

This filing shows that a major institutional investor, FMR LLC, maintains a substantial stake in BJ's Wholesale Club, which can be seen as a vote of confidence in the company's value and future performance.

Risk Assessment

Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or strategy, thus posing low risk.

Analyst Insight

Investors should note that a major institutional investor, FMR LLC, continues to hold a substantial, passive stake in BJ's Wholesale Club, which could be interpreted as a stable long-term investment by a sophisticated entity.

Key Numbers

• 15,941,994 — Shares Beneficially Owned (Total common shares of BJ's Wholesale Club owned by FMR LLC and Abigail P. Johnson)
• 11.952% — Percent of Class (The percentage of BJ's Wholesale Club common stock 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
• BJ's Wholesale Club Holdings, Inc. (company) — the issuer of the securities
• 05550J101 (other) — CUSIP number for BJ's Wholesale Club common stock

Forward-Looking Statements

• FMR LLC will maintain a significant, passive stake in BJ's Wholesale Club for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000315066-24-000983.txt : 20240209 0000315066-24-000983.hdr.sgml : 20240209 20240209083554 ACCESSION NUMBER: 0000315066-24-000983 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BJ's Wholesale Club Holdings, Inc. CENTRAL INDEX KEY: 0001531152 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 452936287 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90667 FILM NUMBER: 24611357 BUSINESS ADDRESS: STREET 1: 350 CAMPUS DRIVE CITY: MARLBOROUGH STATE: MA ZIP: 01752 BUSINESS PHONE: 774-512-7400 MAIL ADDRESS: STREET 1: 350 CAMPUS DRIVE CITY: MARLBOROUGH STATE: MA ZIP: 01752 FORMER COMPANY: FORMER CONFORMED NAME: Beacon Holding Inc. DATE OF NAME CHANGE: 20110927 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.1 BJS WHOLESALE CLUB HOLDINGS INC COMMON STOCK Cusip #05550J101 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 #05550J101 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 15,137,055 Item 6: 0 Item 7: 15,941,994 Item 8: 0 Item 9: 15,941,994 Item 11: 11.952% Item 12: HC Cusip #05550J101 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: 15,941,994 Item 8: 0 Item 9: 15,941,994 Item 11: 11.952% Item 12: IN Item 1(a). Name of Issuer: BJS WHOLESALE CLUB HOLDINGS INC Item 1(b). Address of Issuer's Principal Executive Offices: 350 CAMPUS DRIVE MARLBOROUGH, MA 01752 US 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: 05550J101 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: 15,941,994 (b) Percent of Class: 11.952% (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: 15,941,994 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. 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 BJS WHOLESALE CLUB HOLDINGS INC. No one other person's interest in the COMMON STOCK of BJS WHOLESALE CLUB HOLDINGS 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 Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution