SCHEDULE 13G/A: BlackRock Discloses 12% Passive Stake in SS&C Technologies Holdings Inc.
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 12.0% beneficial ownership stake in SS&C Technologies Holdings Inc. as of December 31, 2024.
Summary
- BlackRock, Inc. reported beneficial ownership of 29,642,600 shares of Common Stock in SS&C Technologies Holdings Inc.
- This ownership represents 12.0% of the total outstanding class of securities.
- BlackRock holds sole voting power over 27,994,856 shares and sole dispositive power over 29,642,600 shares.
- The filing is an Amendment No. 4 to Schedule 13G, indicating a change or update to a previously reported ownership position.
- BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- The filing identifies BlackRock, Inc. as a parent holding company, with various subsidiaries listed as entities through which beneficial ownership may be held, though no single subsidiary holds more than 5%.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of ownership, which is neutral in tone. The significant stake by a major institutional investor could be perceived positively by the market, but the document itself does not express sentiment or provide performance data.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by BlackRock, one of the world's largest asset managers, in SS&C Technologies Holdings Inc., a company operating in the financial technology and software services sector. Such a substantial stake by a major institutional investor can be viewed as a vote of confidence in the company's long-term prospects within its industry.
Stakeholder Impact
- Shareholders of SS&C Technologies Holdings Inc. may view BlackRock's significant 12.0% beneficial ownership as a sign of institutional confidence in the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of previously revoked Power of Attorney. |
| 2024-12-31 | Date of event which requires filing of this statement, representing the measurement date for beneficial ownership. |
| 2025-01-21 | Date of execution of the new Power of Attorney by BlackRock, Inc. |
| 2025-02-03 | Date of filing and signature of the Schedule 13G. |
Keywords
BlackRock, SS&C Technologies Holdings Inc, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Investment Management, Passive Investment
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