SCHEDULE 13G/A: BlackRock Amends Stake in Opendoor Technologies, Disclosing 6.5% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 6.5% beneficial ownership stake in Opendoor Technologies Inc. as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 1 to Schedule 13G concerning its beneficial ownership in Opendoor Technologies Inc.
- As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 47,049,239 shares of Opendoor Technologies Inc. Common Stock.
- This ownership represents 6.5% of the total outstanding class of securities.
- BlackRock holds sole voting power over 45,934,148 shares and sole dispositive power over 47,049,239 shares.
- The filing states 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.
- Various BlackRock business units, subsidiaries, and affiliates are involved in the beneficial ownership, with at least one entity beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory disclosure of beneficial ownership and does not contain information that would typically indicate positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral, factual report.
Future Outlook
NA
Industry Context
This filing is a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in Opendoor Technologies Inc., a company operating in the real estate technology sector. Such filings are common and reflect ongoing portfolio management by large asset managers.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming BlackRock's continued passive investment in Opendoor Technologies Inc.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of execution of the Power of Attorney by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires the filing of this statement, reflecting the beneficial ownership snapshot. |
| 04/17/2025 | Date of filing of the Schedule 13G Amendment No. 1. |
Keywords
Opendoor Technologies, BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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