SCHEDULE: BlackRock Boosts Stake in Schrodinger, Inc. to 12.7%

BlackRock, Inc. has disclosed an increased beneficial ownership of 12.7% in Schrodinger, Inc., holding over 8.1 million shares as of a future event date.

Summary

• BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, reporting its beneficial ownership in Schrodinger, Inc.
• As of the event date of June 30, 2025, BlackRock, Inc. beneficially owns an aggregate of 8,164,484 shares of Schrodinger, Inc. Common Stock.
• This ownership represents 12.7% of the class of securities.
• BlackRock, Inc. holds sole voting power over 8,064,406 shares and sole dispositive power over 8,164,484 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 identified as an entity that beneficially owns 5% or greater of the outstanding shares.
• iShares Core S&P Small-Cap ETF, an investment company, is noted to have an interest of more than five percent of the total outstanding common stock of Schrodinger, Inc.

Sentiment

Score: 7

Explanation: The disclosure of a significant and increased stake by a major institutional investor like BlackRock is generally a positive signal, indicating confidence in the company. The passive nature of the investment (not for control) is also a stable indicator. The unusual future dates are a minor concern but do not detract from the core positive of increased institutional ownership.

Positives

• BlackRock, Inc.'s increased stake to 12.7% signals strong institutional confidence in Schrodinger, Inc.'s long-term prospects.
• The acquisition of shares in the ordinary course of business indicates a strategic, passive investment rather than an attempt to influence control, which can provide stability.

Risks

• The significant concentration of ownership by a single institutional investor like BlackRock, while generally positive, could lead to increased volatility if BlackRock were to significantly alter its position in the future.
• The filing's event date and signature date are in the future (June 30, 2025, and July 18, 2025, respectively), which is an unusual reporting timeline for a Schedule 13G and could imply a forward-looking disclosure or a clerical anomaly.

Management Comments

• "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

This Schedule 13G filing reflects a significant passive investment by BlackRock, one of the world's largest asset managers, in Schrodinger, Inc. Such filings are standard disclosures for institutional investors crossing certain ownership thresholds, indicating their long-term, non-control-oriented positions in publicly traded companies. It signals continued institutional interest in the biotechnology and pharmaceutical software sector.

Related Party Transactions

• iShares Core S&P Small-Cap ETF, an investment company registered under the Investment Company Act of 1940, has an interest in Schrodinger, Inc. common stock that exceeds five percent of the total outstanding common stock. This ETF is managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc.

Stakeholder Impact

• Shareholders: The increased institutional ownership by BlackRock may be viewed positively, potentially signaling confidence in the company's value and future prospects, which could support share price stability or appreciation.

Key Dates

Keywords

Schrodinger Inc., BlackRock Inc., Schedule 13G, Beneficial Ownership, Institutional Investment, Common Stock, SEC Filing, Investment Management, iShares Core S&P Small-Cap ETF