BlackRock Trims CME Group Stake to 10.3%

Ticker: CME · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, stake-change, amendment

TL;DR

**BlackRock cut its CME Group stake to 10.3% as of year-end 2023.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, disclosing its ownership of 37,280,432 shares of CME Group Inc. Class A Common Stock as of December 31, 2023. This represents a 10.3% stake in CME Group, a decrease from its previous reported ownership. This matters to investors because BlackRock, a major institutional investor, has slightly reduced its significant holding, which could signal a minor shift in its long-term outlook for CME Group.

Why It Matters

This filing shows that BlackRock, a major institutional investor, has slightly reduced its ownership in CME Group, indicating a minor adjustment in its investment strategy for the company.

Risk Assessment

Risk Level: low — A minor reduction in ownership by a large institutional investor like BlackRock is generally not a significant risk unless it signals a broader trend.

Analyst Insight

An investor should note BlackRock's slight reduction in its CME Group stake, but recognize that it still holds a substantial position, suggesting continued long-term confidence despite minor portfolio adjustments.

Key Numbers

37,280,432 — Shares Owned (Number of CME Group Class A Common Stock shares beneficially owned by BlackRock Inc. as of December 31, 2023.)
10.3% — Ownership Percentage (Percentage of CME Group Class A Common Stock owned by BlackRock Inc. as of December 31, 2023.)

Key Players & Entities

BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
CME Group Inc. (company) — the subject company whose shares are being reported
37,280,432 shares (dollar_amount) — the total number of Class A Common Stock shares of CME Group Inc. beneficially owned by BlackRock Inc.
10.3% (dollar_amount) — the percentage of CME Group Inc. Class A Common Stock owned by BlackRock Inc.
December 31, 2023 (date) — the date of the event which required the filing of this statement
January 26, 2024 (date) — the filing date of the SC 13G/A amendment

Forward-Looking Statements

BlackRock will maintain a significant, albeit slightly reduced, stake in CME Group Inc. throughout 2024. (BlackRock Inc.) — medium confidence, target: December 31, 2024

FAQ

Who filed this SC 13G/A amendment?

BlackRock Inc. filed this SC 13G/A amendment, as indicated in the 'FILED BY' section of the filing.

What company's shares are being reported in this filing?

This filing reports on the Class A Common Stock of CME Group Inc., as stated under 'Name of Issuer' and 'SUBJECT COMPANY' in the filing.

As of what date is the ownership information accurate?

The ownership information is accurate as of December 31, 2023, which is listed as the 'Date of Event Which Requires Filing of this Statement'.

How many shares of CME Group Inc. does BlackRock Inc. beneficially own?

BlackRock Inc. beneficially owns 37,280,432 shares of CME Group Inc. Class A Common Stock, as per the filing details.

What percentage of CME Group Inc. Class A Common Stock does BlackRock Inc. own?

BlackRock Inc. owns 10.3% of CME Group Inc. Class A Common Stock, as reported in the filing.

From the Filing

0001086364-24-004827.txt : 20240126 0001086364-24-004827.hdr.sgml : 20240126 20240126172522 ACCESSION NUMBER: 0001086364-24-004827 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CME GROUP INC. CENTRAL INDEX KEY: 0001156375 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] ORGANIZATION NAME: 02 Finance IRS NUMBER: 364459170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79495 FILM NUMBER: 24569181 BUSINESS ADDRESS: STREET 1: 20 S. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129301000 MAIL ADDRESS: STREET 1: 20 S. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CHICAGO MERCANTILE EXCHANGE HOLDINGS INC DATE OF NAME CHANGE: 20010802 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 us12572q1058_012624.txt us12572q1058_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) CME GROUP INC CLASS A -------------------------------------------------------- (Name of Issuer) Class A Common Stock -------------------------------------------------------- (Title of Class of Securities) 12572Q105 -------------------------------------------------------- (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. 12572Q105 (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 21591643 (6) Shared voting power 0 (7) Sole dispositive power 23991739 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 23991739 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 6.7% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- CME GROUP INC CLASS A Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 20 S WACKER DR CHICAGO IL 60606 Item 2. 2(a) Name of person filing: --------------------------------------------------------------------