SCHEDULE 13G/A: BlackRock Amends Xencor Inc. Stake, Discloses 15.8% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, revealing a 15.8% beneficial ownership stake in Xencor Inc. as of March 31, 2025.

Summary

• BlackRock, Inc. filed an Amendment No. 6 to its Schedule 13G regarding its beneficial ownership in Xencor Inc.'s Common Stock.
• As of March 31, 2025, BlackRock, Inc. beneficially owned an aggregate of 11,130,112 shares of Xencor Inc. Common Stock.
• This aggregate amount represents 15.8% of Xencor Inc.'s class of securities.
• BlackRock, Inc. holds sole voting power over 11,027,146 shares and sole dispositive power over 11,130,112 shares.
• No shared voting or dispositive power was reported.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• One of BlackRock's entities, iShares Core S&P Small-Cap ETF, is noted to have an interest exceeding five percent of the total outstanding common stock of Xencor Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

This document is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Xencor Inc.'s future performance or BlackRock's investment strategy beyond the scope of this specific holding.

Industry Context

This Schedule 13G filing is a routine disclosure by a large institutional investor, BlackRock, Inc., indicating its passive ownership stake in Xencor Inc. Such filings are common for investment managers that hold more than 5% of a company's stock for investment purposes, rather than to influence control. It reflects BlackRock's ongoing portfolio management activities within the biotechnology or pharmaceutical sector, where Xencor Inc. operates.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.
• Company Management: Awareness of a large, passive institutional investor's position, though it does not imply active engagement or control influence.

Key Dates

Keywords

BlackRock, Xencor Inc., Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management, Passive Investment