BlackRock Amends Alpha Metallurgical Resources Stake
Ticker: AMR · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1704715
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Alpha Metallurgical Resources.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating its ownership of Alpha Metallurgical Resources, Inc. common stock as of December 31, 2023. This filing, Amendment No. 3, updates previous disclosures about BlackRock's passive investment in the coal mining company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in sentiment or strategy regarding Alpha Metallurgical Resources, Inc. (AMR).
Why It Matters
This filing shows BlackRock's updated passive ownership in Alpha Metallurgical Resources, Inc., providing transparency on a significant institutional investor's position.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating passive ownership, which typically carries low immediate risk.
Analyst Insight
Investors should note BlackRock's continued passive stake in Alpha Metallurgical Resources, Inc. and consider it as part of the overall institutional ownership landscape when evaluating the stock.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Alpha Metallurgical Resources, Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- 020764106 (number) — the CUSIP number for Alpha Metallurgical Resources, Inc. common stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3)'.
Who is the 'Subject Company' in this filing?
The 'Subject Company' is Alpha Metallurgical Resources, Inc., with a Central Index Key (CIK) of 0001704715, as stated under 'SUBJECT COMPANY: COMPANY DATA'.
Who is the 'Filed By' entity in this document?
The 'Filed By' entity is BlackRock Inc., with a Central Index Key (CIK) of 0001364742, as stated under 'FILED BY: COMPANY DATA'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Alpha Metallurgical Resources, Inc. (AMR).