BlackRock Amends Starwood Property Trust Stake (13th Amendment)
Ticker: STWD · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1465128
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Starwood Property Trust, filing its 13th amendment.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in its ownership of Starwood Property Trust Inc. common stock as of December 31, 2023. This amendment, number 13, shows BlackRock's updated passive investment position in the real estate investment trust. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in sentiment or strategy regarding Starwood Property Trust, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated passive ownership in Starwood Property Trust, providing transparency into a major institutional investor's position. It can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued passive interest in Starwood Property Trust, but this routine amendment doesn't suggest an immediate need for action. It's a data point for tracking institutional ownership.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- STARWOOD PROPERTY TRUST, 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
- 85571B105 (other) — the CUSIP number for Starwood Property Trust 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, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 13'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the subject company of this filing?
The subject company is STARWOOD PROPERTY TRUST, INC., as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD PROPERTY TRUST, INC.'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the filing under 'Date of Event Which Requires Filing of this Statement'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by the 'X' next to '[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 STARWOOD PROPERTY TRUST, INC. (STWD).