SCHEDULE: BlackRock Discloses 5.8% Stake in Greenlight Capital Re

BlackRock, Inc. has reported a beneficial ownership of 5.8% in Greenlight Capital Re Ltd's Class A Stock as of March 31, 2026.

Summary

• BlackRock, Inc. has filed a Schedule 13G, indicating a beneficial ownership of 1,969,801 shares of Greenlight Capital Re Ltd's Class A Stock.
• This holding represents 5.8% of the class of securities.
• The filing is an amendment (Amendment No. 13) to a previous filing.
• BlackRock, Inc. has sole voting power over 1,941,561 shares and sole dispositive power over 1,969,801 shares.
• The filing specifies that various business units of BlackRock, Inc. and its subsidiaries and affiliates are collectively reporting this beneficial ownership.
• No single person's interest in the common stock of Greenlight Capital Re Ltd is more than five percent of the total outstanding common shares, according to Item 6.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It represents a standard disclosure of a significant institutional holding, providing transparency without immediate positive or negative implications for the company's operations or future performance.

Positives

• BlackRock, a significant institutional investor, has taken a notable stake in Greenlight Capital Re Ltd, potentially signaling confidence in the company's future prospects.
• The clear disclosure of ownership percentages and voting/dispositive power provides transparency for investors and the market.

Negatives

• The filing does not provide specific details on the investment strategy or the reasons behind BlackRock's stake, leaving room for speculation.
• The disclosure is an amendment, suggesting ongoing changes in ownership or reporting, which could imply active trading or portfolio adjustments.

Risks

• The concentration of ownership by a single large entity like BlackRock could potentially influence corporate governance or strategic decisions of Greenlight Capital Re Ltd.
• Changes in BlackRock's holdings could lead to significant market price volatility for Greenlight Capital Re Ltd's Class A Stock.

Future Outlook

The filing itself is a historical disclosure of ownership as of a specific date and does not contain forward-looking statements or guidance from Greenlight Capital Re Ltd. BlackRock's future actions regarding this stake are not detailed.

Management Comments

• "In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release."
• "Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of GREENLIGHT CAPITAL RE LTD. No one person's interest in the common stock of GREENLIGHT CAPITAL RE LTD is more than five percent of the total outstanding common shares."
• "By signing below I certify that, to the best of my knowledge and belief, 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

StockSavvy.ai notes that the filing of a Schedule 13G by BlackRock, Inc. indicates a significant institutional investor's position in Greenlight Capital Re Ltd. Such filings are common for large asset managers and can signal a stable, passive investment or a precursor to more active engagement, depending on the company's overall strategy and performance.

Stakeholder Impact

• Shareholders: Increased visibility of a major institutional investor may attract further interest or provide a sense of stability, but also raises questions about potential influence on corporate strategy.
• Management: May face increased scrutiny or engagement from BlackRock regarding company performance and strategy.
• Creditors: No direct impact indicated by this filing.

Next Steps

• Monitor future filings by BlackRock, Inc. for any changes in their beneficial ownership of Greenlight Capital Re Ltd's Class A Stock.
• Observe Greenlight Capital Re Ltd's performance and strategic announcements for potential reasons behind BlackRock's investment.

Key Dates

Keywords

Greenlight Capital Re, BlackRock, Schedule 13G, Class A Stock, Beneficial Ownership, Institutional Investor, SEC Filing, Amendment, Securities Exchange Act