BlackRock Amends QCR Holdings Stake, Files SC 13G/A
Ticker: QCRH · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 906465
| Field | Detail |
|---|---|
| Company | Qcr Holdings Inc (QCRH) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its QCR Holdings stake, signaling its current position in the regional bank.**
AI Summary
BlackRock, Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of QCR Holdings Inc. common stock as of December 31, 2023. This amendment (Amendment No. 4) updates their previous disclosures regarding their stake in the regional bank. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in QCR Holdings' future performance, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in QCR Holdings, providing transparency on a significant institutional investor's position, which can influence market sentiment.
Risk Assessment
Risk Level: low — This is a routine disclosure filing by a large institutional investor and does not inherently indicate significant risk.
Analyst Insight
Investors should note BlackRock's continued presence as a significant shareholder in QCR Holdings Inc. and monitor subsequent filings for any substantial changes in their ownership percentage, which could indicate a shift in their investment thesis.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person and institutional investor
- QCR Holdings Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
- 74727A104 (other) — the CUSIP number for QCR 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, filed under the Securities Exchange Act of 1934, specifically Amendment No. 4.
Who is the 'reporting person' in this filing?
The reporting person is BlackRock, Inc., identified by CIK 0001364742.
What is the 'subject company' whose securities are being reported?
The subject company is QCR Holdings Inc., identified by CIK 0000906465.
What is the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement is December 31, 2023.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of QCR Holdings Inc. is 74727A104.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding QCR HOLDINGS INC (QCRH).