BlackRock Amends Clearwater Paper Stake as of Dec 31, 2023
Ticker: CLW · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1441236
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Clearwater Paper holdings, signaling its current institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating its ownership stake in Clearwater Paper Corp. as of December 31, 2023. This filing, an amendment number 2, updates their previous disclosures regarding their holdings of Clearwater Paper Corp.'s Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their reported ownership can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated position in Clearwater Paper, providing transparency on a significant institutional investor's holdings. It can influence market perception and investor sentiment towards Clearwater Paper Corp.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently present a direct risk to the company or its investors.
Analyst Insight
Investors should note BlackRock's continued institutional presence in Clearwater Paper Corp. and monitor future filings for significant changes in their reported ownership, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Clearwater Paper Corp. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the date the SC 13G/A was filed
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: 2, as stated in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What company's securities are the subject of this filing?
The subject company whose securities are being reported is Clearwater Paper Corp., as stated under 'Name of Issuer' and 'SUBJECT COMPANY' data.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Clearwater Paper Corp. is 18538R103, as listed in the filing.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified in the document.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Clearwater Paper Corp (CLW).