BlackRock Amends Nokia Stake, Reports Holdings as of Dec 31, 2023
Ticker: NOKBF · Form: SC 13G/A · Filed: Feb 2, 2024 · CIK: 924613
| Field | Detail |
|---|---|
| Company | Nokia Corp (NOKBF) |
| Form Type | SC 13G/A |
| Filed Date | Feb 2, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, transparency
TL;DR
**BlackRock updated its Nokia holdings, nothing major changed.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on February 2, 2024, for its holdings in NOKIA CORP, indicating its ownership as of December 31, 2023. This amendment, the 9th for BlackRock's stake in Nokia, is filed under Rule 13d-1(b), which applies to institutional investors. This matters to investors because BlackRock is a major institutional holder, and changes in its reported ownership, even if minor, can signal shifts in large-scale investor sentiment or portfolio adjustments for Nokia stock.
Why It Matters
This filing shows BlackRock's updated ownership in Nokia, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note that this is a routine update from a large institutional holder, BlackRock, and typically doesn't signal an immediate need for action. It's a transparency filing, not an indicator of a major strategic shift. Keep an eye on future filings for any significant changes in BlackRock's reported ownership percentage.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- NOKIA CORP (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 2, 2024 (date) — the filing date of the SC 13G/A amendment
- Rule 13d-1(b) (other) — the SEC rule under which the filing is made
- B02G9J7 (other) — the SEDOL number for NOKIA CORP Common Stock
FAQ
What type of filing is this document and for which company?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed for NOKIA CORP.
Who is the reporting person in this SC 13G/A filing?
The reporting person is BlackRock, Inc., a major institutional investment manager.
What is the 'Date of Event Which Requires Filing of this Statement' as stated in the filing?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023.
Under which specific rule of the Securities Exchange Act of 1934 is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, as indicated by the 'X' in the filing.
What is the SEDOL number for the class of securities reported in this filing?
The SEDOL number for the Common Stock of NOKIA CORP, as stated in the filing, is B02G9J7.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 2, 2024 regarding NOKIA CORP (NOKBF).