SCHEDULE 13G/A: New Jersey Pension Fund Reduces Stake in Blue Owl Capital Corporation Below 5%
Beneficial Ownership Report
The State of New Jersey Common Pension Fund E has reported a beneficial ownership of 4.45% in Blue Owl Capital Corporation, indicating a reduction below the 5% threshold.
Summary
- The State of New Jersey Common Pension Fund E filed an Amendment No. 9 to Schedule 13G regarding its holdings in Blue Owl Capital Corporation.
- The filing reports beneficial ownership of 22,751,338 shares of Blue Owl Capital Corporation's Common Stock, $0.01 par value.
- This ownership represents 4.45% of the total class of securities.
- The Fund holds sole voting power and sole dispositive power over all 22,751,338 shares.
- The filing certifies 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.
Sentiment
Score: 4
Explanation: The filing indicates a reduction in the State of New Jersey Common Pension Fund E's stake in Blue Owl Capital Corporation to below 5%, which could be viewed as a slight negative by the market, although the filing states it's in the ordinary course of business.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may react to the reported reduction in institutional ownership, potentially influencing stock price perception.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date of event which requires filing of this statement |
Recommendation
holdKeywords
Blue Owl Capital Corporation, State of New Jersey Common Pension Fund E, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment, BOCC
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