UC Regents Update Blue Owl Tech Finance Stake
Ticker: OTF · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1747777
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, form-13g, investor-update
TL;DR
**UC Regents updated their Blue Owl Technology Finance Corp. ownership, signaling continued institutional interest.**
AI Summary
The Regents of the University of California filed an amendment to their SC 13G, indicating their ownership in Blue Owl Technology Finance Corp. as of December 31, 2023. This filing, an Amendment No. 2, updates their previous disclosures regarding their stake in the company's Common Stock. This matters to investors because it provides transparency into significant institutional ownership, which can signal confidence in the company's long-term prospects or potential for future influence.
Why It Matters
This filing shows that a major institutional investor, The Regents of the University of California, continues to hold a position in Blue Owl Technology Finance Corp., offering insight into their investment strategy.
Risk Assessment
Risk Level: low — This filing is a routine update on institutional ownership and does not indicate any immediate financial risk or significant change in company operations.
Analyst Insight
A smart investor would note the continued institutional ownership by The Regents of the University of California as a data point for long-term confidence, but would also seek more detailed information on the percentage of ownership and any changes from previous filings to fully assess the implications.
Key Players & Entities
- Blue Owl Technology Finance Corp. (company) — the subject company whose securities are being reported
- The Regents of the University of California (company) — the reporting person filing the SC 13G/A
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- Amendment No. 2 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, specifically Amendment No. 2, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is The Regents of the University of California, with a business address at 1111 Franklin Street, 6th Floor, Oakland, CA 94607.
What is the name of the issuer whose securities are being reported?
The issuer is Blue Owl Technology Finance Corp., located at 399 Park Avenue, New York, NY 10022.
What is the title of the class of securities being reported?
The title of the class of securities is Common Stock, with a par value of $0.01.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Stats: 1,411 words · 6 min read · ~5 pages · Grade level 10.5 · Accepted 2024-01-24 12:44:12
Key Financial Figures
- $0.01 — Corp. (Name of Issuer) Common Stock, $0.01 (Title of Class of Securities) None
Filing Documents
- ef20019622_sc13ga.htm (SC 13G/A) — 69KB
- 0001140361-24-003621.txt ( ) — 71KB
(a)
Item 1(a). Name of Issuer: Owl Rock Technology Finance Corp.
(b)
Item 1(b). Address of Issuer's Principal Executive Offices: 399 Park Avenue, 38th Floor, New York, New York 10022
(a)
Item 2(a). Name of Person Filing: The Regents of the University of California
(b)
Item 2(b). Address of Principal Business Office or, if none, Residence: 1111 Franklin Street, Oakland, CA 94607
(c)
Item 2(c). Citizenship: U.S.
(d)
Item 2(d). Title of Class of Securities: Common Stock
(e)
Item 2(e). CUSIP Number: None Item 3. If this Statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act; (b) Bank as defined in Section 3(a)(6) of the Act; (c) Insurance company as defined in Section 3(a)(19) of the Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Click or tap here to enter text. Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 25,239,104 (b) Percent of Class: 12.3% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 25,239,104 (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 25,239,104 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. If this Statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more t