BlackRock Updates Annaly Capital Management Stake (Amendment No. 3)
Ticker: NLY-PJ · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1043219
| Field | Detail |
|---|---|
| Company | Annaly Capital Management Inc (NLY-PJ) |
| 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 Annaly Capital Management stake, confirming its passive investment.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of Annaly Capital Management Inc. common stock as of December 31, 2023. This filing, Amendment No. 3, updates previous disclosures regarding BlackRock's passive investment in Annaly. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal confidence or concern about Annaly's future performance, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's continued, albeit passive, investment in Annaly Capital Management, providing transparency into a significant institutional holder's position.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor, indicating no immediate significant risk or change in company control.
Analyst Insight
Investors should note BlackRock's continued passive stake in Annaly Capital Management, but this filing alone doesn't suggest a need for immediate action, as it's a routine update from a passive investor.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A
- Annaly Capital Management Inc. (company) — the issuer 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
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are being reported in this filing?
The securities of Annaly Capital Management Inc. are being reported, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANNALY CAPITAL MANAGEMENT INC' and 'ANNALY CAPITAL MANAGEMENT INC (Name of Issuer)'.
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.
Which rule under the Securities Exchange Act of 1934 is designated for this filing?
The filing designates Rule 13d-1(b) under the Securities Exchange Act of 1934, as indicated by '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding ANNALY CAPITAL MANAGEMENT INC (NLY-PJ).