SCHEDULE 13G/A: BlackRock Amends Stake in Intercontinental Exchange, Disclosing 6.8% Beneficial Ownership
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an Amendment No. 12 to Schedule 13G, disclosing its beneficial ownership of 6.8% of Intercontinental Exchange, Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 12 to Schedule 13G regarding its beneficial ownership in Intercontinental Exchange, Inc. (ICE).
- As of March 31, 2025, BlackRock beneficially owns 39,066,788 shares of ICE common stock.
- This ownership represents 6.8% of the total outstanding common shares of Intercontinental Exchange, Inc.
- BlackRock holds sole voting power over 35,103,296 shares and sole dispositive power over 39,066,788 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: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership, with no inherent positive or negative sentiment regarding the issuer's 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
BlackRock, Inc. is one of the world's largest asset managers, and its significant stake in Intercontinental Exchange, Inc. (ICE), a leading operator of global exchanges and clearing houses, reflects a typical institutional investment in a major financial market infrastructure company. This filing is a routine disclosure of a passive investment by a large institutional investor.
Stakeholder Impact
- Shareholders: Provides transparency regarding a major institutional investor's significant stake in the company.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of previously revoked Power of Attorney. |
| 01/21/2025 | Date of execution of the new Power of Attorney by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires the filing of this statement (ownership snapshot date). |
| 04/17/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Intercontinental Exchange, ICE, BlackRock, Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment
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