BLK · News · 20260826N

Institutional Ownership Changes

BlackRock, Inc. · 2026-08-26 · Importance 20 · Surprise 24

BlackRock reported new or increased stakes exceeding $300 million in multiple companies, including Beacon Financial at $376.6 million for a 14.75% holding, WaFd at $413.41 million for 14.58%, and Trustmark at $395.92 million for 14.68%. Its reported positions also included Lemonade at $393.4 million for 7.81%, Mattel at $363.27 million for 9.01%, Vontier at $388.3 million for 9.51%, and PENN Entertainment at $410.6 million. BlackRock acquired substantial real-estate holdings in Xenia Hotels & Resorts at $348.8 million for 18.57%, NETSTREIT at $404.8 million for 18.87%, LTC Properties at $345.9 million for 17.58%, Sunstone Hotel Investors at $402.1 million for 18.85%, and Medical Properties Trust at $347.67 million. Additional disclosed positions included Ultragenyx Pharmaceutical at $355.7 million for 10.82%, LiveRamp at $381.3 million for 16.66%, PDF Solutions at $392.91 million for 13.9%, Minerals Technologies at $361.7 million for 15.71%, Stewart Information Services at approximately $347 million for 17.29%, and Penske Automotive at $417.5 million for 3.55%. BlackRock also reported total voting rights of 10.75% in LEG Immobilien, comprising 8.39% attached to shares and 2.37% through instruments, after crossing a threshold on August 21, 2026.

Key facts

• BlackRock Inc. purchased 12.37 million shares of Beacon Financial Corporation valued at approximately $376.6 million, giving it a 14.75% stake in the company. source
• BlackRock Inc. invested $413.41 million in WaFd, Inc., acquiring over 10.77 million shares, representing about 14.58% of the bank. source
• BlackRock Inc. purchased over 6 million shares of Lemonade, Inc. valued at approximately $393.4 million, representing a 7.81% stake in the company. source
• BlackRock Inc. acquired a new stake in Mattel, Inc. worth approximately $363.27 million, representing about 9.01% of the company's stock. source
• BlackRock Inc. acquired over 17.1 million shares of Xenia Hotels & Resorts valued at approximately $348.8 million, giving it an 18.57% ownership stake. source
• BlackRock Inc. acquired 19.16 million shares of NETSTREIT Corp. for approximately $404.8 million, establishing an 18.87% stake in the company. source
• BlackRock Inc. acquired over 10.65 million shares of Ultragenyx Pharmaceutical Inc. during the second quarter valued at approximately $355.7 million, representing about 10.82% of the company. source
• BlackRock Inc. acquired over 10 million shares of LiveRamp Holdings, Inc. valued at approximately $381.3 million, giving it a 16.66% ownership stake. source