SCHEDULE 13G/A: BlackRock Amends Centene Stake Disclosure, Reports 7.7% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a 7.7% beneficial ownership stake in Centene Corporation as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 38,215,413 shares of Centene Corporation common stock.
- This represents 7.7% of Centene Corporation's total outstanding common stock.
- BlackRock holds sole voting power over 34,086,009 shares and sole dispositive power over 38,215,413 shares.
- The filing is an Amendment No. 16 to Schedule 13G, indicating a passive investment position.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Centene Corporation.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine disclosure of beneficial ownership and does not contain performance or strategic updates from the issuer.
Future Outlook
NA
Industry Context
This filing indicates BlackRock's continued significant passive investment in Centene Corporation, a major player in the healthcare sector, reflecting typical institutional portfolio management and disclosure requirements for large shareholders.
Stakeholder Impact
- Shareholders of Centene Corporation are informed of BlackRock's significant, passive ownership stake, which can influence market perception of institutional confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney revoked by BlackRock, Inc. |
| 2025-01-21 | Effective date of the new Power of Attorney for BlackRock, Inc. signatories. |
| 2025-06-30 | Date of event requiring the filing of this statement (reporting period end date). |
| 2025-07-16 | Date of filing of this Schedule 13G Amendment No. 16. |
Keywords
BlackRock, Centene Corporation, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Healthcare Sector, Investment Management
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.