SCHEDULE 13G/A: BlackRock Amends Passive Stake in Patria Investments, Discloses 7.6% Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, reporting a 7.6% beneficial ownership stake in Patria Investments Limited as of March 31, 2025.
Summary
- BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G concerning its beneficial ownership in Patria Investments Limited.
- As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 4,618,533 shares of Patria Investments Limited's Common Stock.
- This ownership represents 7.6% of the class of securities outstanding.
- BlackRock holds sole voting power over 4,547,706 shares and sole dispositive power over 4,618,533 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
- Various BlackRock business units, including BlackRock Advisors, LLC and BlackRock Investment Management, LLC, are involved in the beneficial ownership, with at least one entity owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Risks
- The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a routine disclosure by a large institutional investor, BlackRock, Inc., indicating its passive ownership stake in Patria Investments Limited. Such filings are standard practice for investment managers holding more than 5% of a company's shares for investment purposes, rather than to exert control. It provides transparency on significant institutional holdings within the market.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming BlackRock's continued investment in Patria Investments Limited.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of execution of the Power of Attorney by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires filing of this statement (reporting period end date for beneficial ownership). |
| 04/23/2025 | Date of signature for the Schedule 13G filing. |
Keywords
BlackRock, Patria Investments Limited, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management
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