SCHEDULE 13G/A: BlackRock Amends Beneficial Ownership in Chimera Investment Corporation to 9.2%

Sentiment:

Beneficial Ownership Report


BlackRock, Inc. has filed an Amendment No. 13 to its Schedule 13G, disclosing a 9.2% beneficial ownership stake in Chimera Investment Corporation as of March 31, 2025.

Summary

  • BlackRock, Inc. filed an Amendment No. 13 to Schedule 13G regarding its beneficial ownership in Chimera Investment Corporation.
  • As of March 31, 2025, BlackRock beneficially owns 7,458,512 shares of Chimera Investment Corporation's Common Stock.
  • This represents 9.2% of the total outstanding shares of the class of securities.
  • BlackRock holds sole voting power over 7,296,298 shares and sole dispositive power over 7,458,512 shares.
  • No shared voting or dispositive power is reported.
  • 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 control of the issuer.
  • BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., is specifically noted as beneficially owning 5% or greater of the outstanding shares.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory filing disclosing beneficial ownership and contains no subjective language or information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

The document is a factual report of beneficial ownership and does not contain any forward-looking statements or guidance regarding Chimera Investment Corporation's future performance or outlook.

Management Comments

  • "The securities referred to above 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 and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

This filing is a routine disclosure by a major institutional asset manager, BlackRock, Inc., detailing its significant passive investment in Chimera Investment Corporation. Such filings are common for large investment firms that hold substantial stakes across numerous public companies, reflecting their portfolio management activities rather than specific strategic moves related to the issuer's operations.

Stakeholder Impact

  • Shareholders of Chimera Investment Corporation are informed of BlackRock, Inc.'s significant passive ownership stake, which may be viewed as a vote of confidence from a major institutional investor.

Key Dates

DateDescription
2023-04-30Date of the previous Power of Attorney that was revoked by the current one.
2025-01-21Date of the new Power of Attorney executed by BlackRock, Inc.
2025-03-31Date of the event which requires the filing of this statement (reporting period end date).
2025-04-17Date of filing of this Schedule 13G Amendment No. 13.

Keywords

BlackRock, Chimera Investment Corporation, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing, asset management

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