Fidelity Management & Research Company LLC filed an abbreviated large shareholding report disclosing that its combined holding (with affiliates and managed funds) decreased from 453,873 shares (5.83%) to 434,712 shares (5.59%) as of May 27, 2026. The change of -19,161 shares was attributed to the unwinding of a managed fund, not a strategic shift, and the holding purpose remains simple investment. Fidelity remains above the 5% reporting threshold, so further movements must continue to be disclosed. The filing covers Fidelity Management & Research Company LLC together with affiliates including FIAM LLC, Fidelity Institutional Asset Management Trust Company, and Fidelity Management Trust Company, plus numerous Fidelity-managed mutual funds across the U.S., Luxembourg, Canada, and Japan.
Full Translation
Report on Large Holdings of Stocks, etc. (Abbreviated)
Version 6.0
Soulbrain Co., Ltd.
Report on Large Holdings of Stocks, etc.
(Abbreviated form: applies to reports under Article 147 of the Financial Investment Services and Capital Markets Act where the purpose is NOT to influence management control, or where the reporting party is a professional investor under the latter part of paragraph 1 of the same Article)
To: Financial Services Commission
Date of reporting obligation: May 27, 2026
To: Korea Exchange
Report preparation reference date: May 27, 2026
Reporting party: Fidelity Management & Research Company LLC
SUMMARY INFORMATION
Professional investor category subject to reporting exemption: -
Issuer name: Soulbrain Co., Ltd.
Relationship with issuer: Other
Report classification: Change
Number of shares held and ownership ratio:
- Previous report: 453,873 shares / 5.83%
- Current report: 434,712 shares / 5.59%
Number of voting rights and ratio: - / - (both periods)
Reason for filing: Change due to liquidation/unwinding of a managed fund
Purpose of holding: Simple investment
The reporting party hereby confirms that, as of the report preparation reference date, the holding status of the reporting party and its specially related parties has been accurately prepared in accordance with relevant laws and instructions, and that there are no false statements or omissions of material matters.
Letter of confirmation (simple investment purpose): loi1.jpg, loi2.jpg
PART 1 — OVERVIEW OF THE REPORT
1. Information about the Issuer
- Company name: Soulbrain Co., Ltd.
- Company code: 357780
- Corporate classification: KOSDAQ-listed company
- Total number of issued shares with voting rights: 7,778,566 shares
2. Information about the Large Holder
A. Reporting Party
(1) Overview of the reporting party
- Report classification: Change
- Joint filing
- Reporter classification: Foreign corporation
- Nationality: USA
- Name (Korean): 피델리티 매니지먼트 앤 리서치 컴퍼니 엘엘씨
- Name (English): Fidelity Management & Research Company LLC
- Address (head office): Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801, United States
- Business registration number, etc.: 108281
- Business / occupation: Asset Management
- Relationship with issuer: Other
- Business contact:
- Affiliated company: FIL Technology (Dalian) Limited
- Department: Asia Pacific Regulatory Reporting
- Position: Regulatory Reporting Manager
- Phone: (86) 4************
- Contact name: Alina Yu
- Fax: (86) 4************
- Email: ******egulatory.filings@fil.com
(2) Specific details on the reporting party (for corporations, organizations, statutory or civil-law associations)
- Legal form: Limited Liability Company
- Total assets / total AUM: -
- Total liabilities: -
- Total equity: -
- Capital stock: -
- Representative: Stephanie J. Brown
- Decision-making body / decision maker: Portfolio Management
- Largest shareholder / largest contributor: FMR LLC
- Largest shareholder's stake (%): 100
B. Specially Related Parties
(1) Overview of specially related parties
1. FIAM LLC — Foreign corporation — Affiliated company — Reg. No. 133196 — USA — 900 Salem St., Smithfield, RI 02917, United States — Asset Management — Other
2. Fidelity Institutional Asset Management Trust Company — Foreign corporation — Affiliated company — 1385494 — USA — 900 Salem St., Smithfield, RI 02917, United States — Asset Management — Other
3. Fidelity Management Trust Company — Foreign corporation — Affiliated company — 715091 — USA — 245 Summer Street, Boston, MA 02210, USA — Asset Management — Other
4. EMERGING MKT EQ SC CP T16814 — Foreign corporation — Managed fund — 2745 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
5. FF2 - GBL DISCOV FD — Foreign corporation — Managed fund — 53842 — Luxembourg — 2A, rue Albert Borschette, L-1246, Luxembourg — Foreign Mutual Fund — Shareholder
6. FIAM SEL INTL SM CAP (T1056) — Foreign corporation — Managed fund — 2745 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
7. FIAM SL INTL SMCEQ LLC T51489 — Foreign corporation — Managed fund — 23690 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
8. FID CON INTL SM CAP IN T55105 — Foreign corporation — Managed fund — 14184 — Canada — 483 Bay Street, Suite 300, Toronto, Ontario, M5G 2N7, Canada — Foreign Mutual Fund — Shareholder
9. FID EMERGING MKTS DISCOVERY FD — Foreign corporation — Managed fund — 32829 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
10. FID GLB GRWTH & VAL INVT VAL S — Foreign corporation — Managed fund — 46090 — Canada — 483 Bay Street, Suite 300, Toronto, Ontario, M5G 2N7, Canada — Foreign Mutual Fund — Shareholder
11. FID GLBL INTRINSIC VAL INV TR — Foreign corporation — Managed fund — 40381 — Canada — 483 Bay Street, Suite 300, Toronto, Ontario, M5G 2N7, Canada — Foreign Mutual Fund — Shareholder
12. FID LOW PRICE STK CASH — Foreign corporation — Managed fund — 1280 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
13. FID LP STK CP CASH SB T16851 — Foreign corporation — Managed fund — 37457 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
14. FID LW PR STK K6 CASH SUB — Foreign corporation — Managed fund — 43815 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
15. FID SRS INTRINSIC OPP FND — Foreign corporation — Managed fund — 35576 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
16. FIDELITY INTL SMALL CAP FUND — Foreign corporation — Managed fund — 13803 — USA — 245 Summer Street, Boston, MA 02210, United States — Foreign Mutual Fund — Shareholder
17. FIDELITY NORTHSTAR FUND SUB B — Foreign corporation — Managed fund — 15726 — Canada — 483 Bay Street, Suite 300, Toronto, Ontario, M5G 2N7, Canada — Foreign Mutual Fund — Shareholder
18. FIJ IT EMT VAL AD EQ MTH — Foreign corporation — Managed fund — 353800A29RL8IVEVJD86 — Japan
[Translation truncated]
May 28, 2026
₩404,500
₩369,000
-8.78%
May 6, 2026
₩466,000
₩476,000
+2.15%
Apr 1, 2026
₩396,000
₩412,000
+4.04%
Mar 30, 2026
₩383,000
₩365,500
-4.57%
Mar 10, 2026
₩485,500
₩422,000
-13.08%
Mar 10, 2026
₩485,500
₩422,000
-13.08%
Mar 3, 2026
₩440,500
₩485,500
+10.22%
Feb 23, 2026
₩410,500
₩440,500
+7.31%
Past performance does not guarantee future results. Small sample sizes may not be representative. For informational purposes only.