BlackRock Amends BLDR Stake, Signals Continued Confidence

TL;DR

**BlackRock still owns a big chunk of BLDR, signaling institutional confidence.**

AI Summary

BlackRock Inc. has filed an amended SC 13G/A for Builders FirstSource, Inc. (BLDR) as of December 31, 2023. This filing indicates that BlackRock, a major institutional investor, continues to hold a significant stake in Builders FirstSource, a company in the retail lumber and building materials sector. This matters to investors because large institutional holdings like BlackRock's can signal confidence in the company's long-term prospects and stability, potentially influencing other investors' perceptions and the stock's performance.

Why It Matters

This filing shows BlackRock's updated ownership in Builders FirstSource, providing transparency on a major institutional investor's position and potentially influencing market sentiment.

Risk Assessment

Risk Level: low — This is a routine amendment by a large institutional investor, indicating no immediate or significant new risks for the company or its shareholders.

Analyst Insight

An investor should note that a major institutional holder like BlackRock continues to maintain its position, which can be a sign of stability. However, this filing alone doesn't provide details on the exact change in ownership percentage, so further investigation into BlackRock's specific holdings in BLDR would be beneficial.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Builders FirstSource, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• SC 13G/A (document) — the type of SEC filing
• 12008R107 (identifier) — the CUSIP number for Builders FirstSource, Inc. Common Stock

FAQ

From the Filing

0001086364-24-002335.txt : 20240124 0001086364-24-002335.hdr.sgml : 20240124 20240124142716 ACCESSION NUMBER: 0001086364-24-002335 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Builders FirstSource, Inc. CENTRAL INDEX KEY: 0001316835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522084569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81419 FILM NUMBER: 24555880 BUSINESS ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (214) 880-3500 MAIL ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us12008r1077_012424.txt us12008r1077_012424.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3) Builders FirstSource, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 12008R107 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 12008R107 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 10648588 (6) Shared voting power 0 (7) Sole dispositive power 11840181 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 11840181 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.6% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- Builders FirstSource, Inc. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 6031 CONNECTION DR., STE. 400 IRVING TX 75039 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business of