SCHEDULE: BlackRock Reports Stake in SmartStop Self Storage REIT

BlackRock, Inc. has updated its Schedule 13G filing, reporting beneficial ownership of 10.4% of SmartStop Self Storage REIT, Inc.'s common stock as of September 30, 2026.

Summary

• BlackRock, Inc. has filed an amended Schedule 13G, indicating its beneficial ownership of SmartStop Self Storage REIT, Inc. common stock.
• As of September 30, 2026, BlackRock beneficially owned 5,754,574 shares, representing 10.4% of the class.
• This filing is an amendment (Amendment No. 3) to a previous Schedule 13G.
• The filing details BlackRock's sole voting power (5,609,590 shares) and sole dispositive power (5,754,574 shares).

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative update regarding beneficial ownership, with no new financial or strategic information.

Positives

• BlackRock, a significant institutional investor, holds a substantial stake in SmartStop Self Storage REIT, Inc., which can be seen as a vote of confidence.
• The filing clearly delineates BlackRock's beneficial ownership, providing transparency to the market.

Negatives

• The filing does not contain any new financial performance data or strategic updates for SmartStop Self Storage REIT, Inc.

Risks

• The filing itself does not introduce new risks, but the concentration of ownership by a large institutional investor could influence market dynamics or future strategic decisions of the REIT.

Future Outlook

This filing is an update on beneficial ownership and does not contain forward-looking statements or guidance regarding the future performance of SmartStop Self Storage REIT, Inc.

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 SmartStop Self Storage REIT, Inc.. No one person's interest in the common stock of SmartStop Self Storage REIT, Inc. 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 significant holdings by large asset managers like BlackRock in REITs are common, reflecting the sector's appeal for diversified income and growth strategies. This filing indicates BlackRock's continued interest in the self-storage sector.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional ownership, potentially influencing market perception and trading activity.
• Management of SmartStop Self Storage REIT, Inc.: Awareness of a substantial shareholder's position, which may be a factor in strategic decision-making.

Next Steps

• BlackRock will continue to monitor its beneficial ownership of SmartStop Self Storage REIT, Inc. and file amendments as required by SEC regulations.
• The filing itself does not outline specific next steps for SmartStop Self Storage REIT, Inc.

Key Dates

Keywords

SmartStop Self Storage REIT, BlackRock, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, REIT