JPMorgan Chase & Co. Acquires 6.8% Stake in Allegro MicroSystems, Inc. (ALGM)

On July 16, 2026, JPMorgan Chase & Co. filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Allegro MicroSystems, Inc. (ALGM). As of the event date on June 30, 2026, the financial institution disclosed beneficial ownership of 12,729,473 shares of common stock, representing a 6.8% stake in the company. The filing indicates that JPMorgan Chase & Co. holds sole voting power over 12,199,576 shares and sole dispositive power over 12,722,671 shares. The securities were acquired in the ordinary course of business by various subsidiaries, including J.P. Morgan Securities LLC and J.P. Morgan Investment Management Inc., among others. This filing marks an increase from a previous 0.0% position, establishing JPMorgan as a major institutional shareholder. The investment is classified as passive, as the filer certified that the shares were not acquired for the purpose of changing or influencing the control of the issuer.