BlackRock Amends Bread Financial Holdings Stake (15th Amendment)
Ticker: BFH-PA · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1101215
| Field | Detail |
|---|---|
| Company | Bread Financial Holdings, INC. (BFH-PA) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its passive stake in Bread Financial Holdings.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in their ownership of Bread Financial Holdings, Inc. common stock as of December 31, 2023. This amendment, the 15th for BlackRock, shows their updated passive investment position in the personal credit institution. For investors, this filing provides transparency into a major institutional investor's stake, which can influence market perception and liquidity for Bread Financial Holdings, Inc. stock.
Why It Matters
This filing updates BlackRock's passive ownership in Bread Financial Holdings, Inc., offering insight into a significant institutional investor's position and potentially signaling their ongoing confidence or adjustments in the company.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive involvement, but this filing alone doesn't provide enough detail to warrant immediate action without reviewing the full ownership percentage and comparing it to previous filings.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- BREAD FINANCIAL HOLDINGS, INC. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
- 018581108 (number) — the CUSIP number for Bread Financial Holdings, 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 filing, specifically Amendment No. 15, as stated in the filing.
Who is the 'reporting person' in this filing?
The 'reporting person' is BlackRock Inc., as identified in the 'FILED BY' section of the filing.
What company's securities are being reported on?
The securities of BREAD FINANCIAL HOLDINGS, INC. are being reported on, as indicated in the 'SUBJECT COMPANY' section and the 'Name of Issuer' on the Schedule 13G form.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as specified on the Schedule 13G form.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of BREAD FINANCIAL HOLDINGS, INC. is 018581108, as listed on the Schedule 13G form.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding BREAD FINANCIAL HOLDINGS, INC. (BFH-PA).