SCHEDULE: BlackRock Amends KKR & Co. Inc. Stake, Reports 4.9% Passive Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a 4.9% passive beneficial ownership stake in KKR & Co. Inc.'s Class A Stock as of June 30, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership of Class A Stock in KKR & Co. Inc.
- As of June 30, 2025, BlackRock, Inc. beneficially owns an aggregate of 43,420,058 shares of KKR & Co. Inc. Class A Stock.
- This aggregate amount represents 4.9% of the Class A Stock outstanding.
- BlackRock, Inc. holds sole voting power over 38,901,038 shares and sole dispositive power over 43,420,058 shares.
- There is no shared voting power or shared dispositive power reported.
- The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing the control of KKR & Co. Inc.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of passive beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding KKR & Co. Inc.'s future performance or BlackRock's investment strategy beyond the passive nature of the holding.
Management Comments
- BlackRock, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
This filing reflects a routine disclosure by BlackRock, one of the world's largest asset managers, regarding its passive investment in KKR & Co. Inc., a leading global investment firm specializing in private equity, energy, infrastructure, real estate, and credit. BlackRock's stake, while significant in absolute terms, remains below the 5% threshold for active influence, indicating a strategic, long-term passive holding in a key player within the alternative asset management industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in KKR & Co. Inc., confirming a passive investment approach.
- Investment Professionals: Offers insight into the holdings of a major asset manager in a prominent alternative investment firm.
Key Dates
| Date | Description |
|---|---|
| April 30, 2023 | Date of the previously revoked Power of Attorney. |
| January 21, 2025 | Effective date of the new Power of Attorney for BlackRock, Inc. |
| June 30, 2025 | Date of the event which required the filing of this statement. |
| July 17, 2025 | Signature date of the Schedule 13G filing by BlackRock, Inc. |
Keywords
BlackRock, KKR & Co. Inc., Schedule 13G, Beneficial Ownership, Class A Stock, Passive Investment, Asset Management, Private Equity
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