SCHEDULE 13G: BlackRock Discloses 11.8% Passive Stake in WillScot Holdings Corp.
Beneficial Ownership Disclosure
BlackRock, Inc. has filed a Schedule 13G, reporting a beneficial ownership of 11.8% of WillScot Holdings Corp.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed a Schedule 13G with the SEC, disclosing its beneficial ownership in WillScot Holdings Corp.
- As of March 31, 2025, BlackRock, Inc. beneficially owned an aggregate of 21,645,883 shares of WillScot Holdings Corp. Common Stock.
- This ownership represents 11.8% of the total outstanding class of securities.
- BlackRock, Inc. holds sole voting power over 21,061,808 shares and sole dispositive power over 21,645,883 shares.
- No shared voting or dispositive power was reported.
- BlackRock, Inc. certified 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.
- iShares Core S&P Small-Cap ETF, an entity within the BlackRock group, is noted to beneficially own more than 5% of the outstanding common stock of WillScot Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a routine Schedule 13G filing disclosing beneficial ownership, which is a neutral, factual report without explicit positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that 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.
Industry Context
This filing indicates a significant passive investment by a major institutional asset manager, BlackRock, in WillScot Holdings Corp., a company operating in the modular space and portable storage industry. Such disclosures provide transparency on institutional ownership trends within the sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holding, confirming BlackRock's passive investment stance.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney revoked by BlackRock, Inc. |
| 2025-01-21 | New Power of Attorney executed by BlackRock, Inc. |
| 2025-03-31 | Date of event which requires the filing of this statement. |
| 2025-04-03 | Date of filing/signature date of the Schedule 13G. |
Keywords
BlackRock, WillScot Holdings Corp, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing
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