SCHEDULE: BlackRock Discloses Stake in Broadstone Net Lease

BlackRock, Inc. has filed a Schedule 13G, reporting beneficial ownership of 16.7% of Broadstone Net Lease, Inc.'s common stock as of April 30, 2026.

Summary

• BlackRock, Inc. has filed an amendment to its Schedule 13G, indicating its beneficial ownership of Broadstone Net Lease, Inc. common stock.
• As of April 30, 2026, BlackRock beneficially owns 31,970,112 shares, representing 16.7% of the class.
• This ownership includes sole voting power over 31,432,046 shares and sole dispositive power over 31,970,112 shares.
• The filing clarifies that this Schedule 13G reflects securities beneficially owned by certain business units of BlackRock, Inc. and its subsidiaries and affiliates.
• BlackRock Fund Advisors is identified as an entity that beneficially owns 5% or greater of the outstanding shares of the security class being reported.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports existing beneficial ownership by a major institutional investor and does not contain new operational or financial performance information.

Positives

• BlackRock, a significant institutional investor, holds a substantial stake in Broadstone Net Lease, Inc., potentially signaling confidence in the company's prospects.
• The filing confirms BlackRock's active investment management, with clear reporting of voting and dispositive power over a significant number of shares.

Risks

• The concentration of ownership by a single large investor like BlackRock could lead to significant influence over corporate decisions, potentially impacting minority shareholders.
• Changes in BlackRock's investment strategy or holdings could lead to substantial volatility in Broadstone Net Lease's stock price.

Future Outlook

This filing is primarily a disclosure of beneficial ownership and does not contain forward-looking statements or specific financial guidance from Broadstone Net Lease, Inc.

Industry Context

StockSavvy.ai notes that large institutional holdings, as disclosed by BlackRock in this Schedule 13G filing for Broadstone Net Lease, Inc., are common in the Real Estate Investment Trust (REIT) sector. Such filings often indicate significant investor conviction or the passive management of index-tracking funds.

Stakeholder Impact

• Shareholders: The significant stake held by BlackRock may influence corporate governance and strategic decisions, potentially impacting share price and future returns.
• Management: The presence of a large institutional investor like BlackRock can create accountability and pressure for performance.

Key Dates

Keywords

Broadstone Net Lease, BlackRock, Schedule 13G, SEC Filing, Beneficial Ownership, Institutional Investor, Common Stock, Real Estate Investment Trust, REIT