ICQ BB GP Amends Blue Owl Capital Stake Filing

Ticker: OWL · Form: SC 13G/A · Filed: Jan 31, 2024 · CIK: 1823945

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, form-13G, asset-management

TL;DR

**ICQ BB GP updated its Blue Owl Capital Inc. ownership, signaling a potential shift in institutional holdings.**

AI Summary

ICQ BB GP, LLC, along with several affiliated entities including BB HOLDINGS AA LP and GLIDE PATH SOLUTIONS 2021 LP, filed an amended Schedule 13G/A on January 31, 2024, for their holdings in Blue Owl Capital Inc. This filing updates their ownership information for Blue Owl Capital Inc.'s Class A Common Stock, $0.0001 par value per share, as of January 29, 2024 (and December 31, 2023). This matters to investors because it provides transparency into significant institutional ownership changes, which can influence stock stability and market perception.

Why It Matters

Changes in institutional ownership can signal shifts in confidence or strategy, potentially impacting Blue Owl Capital Inc.'s stock price and investor sentiment.

Risk Assessment

Risk Level: low — This filing is an amendment to a previous disclosure, indicating ongoing transparency rather than a new, unexpected event.

Analyst Insight

Investors should review the full Schedule 13G/A filing to understand the specific changes in beneficial ownership reported by ICQ BB GP, LLC and its affiliates, as this could provide insight into institutional sentiment towards Blue Owl Capital Inc.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of this SC 13G/A filing by ICQ BB GP, LLC?

This SC 13G/A filing is an amendment (Amendment No. 1) to a previous Schedule 13G, updating the disclosures regarding ICQ BB GP, LLC's beneficial ownership of Class A Common Stock in Blue Owl Capital Inc. as of January 29, 2024, and December 31, 2023.

Which specific rule under the Securities Exchange Act of 1934 is this Schedule 13G filed under?

This Schedule 13G is filed under Rule 13d-1(c) of the Securities Exchange Act of 1934, as indicated by the checked box on the cover page.

Who are some of the group members associated with ICQ BB GP, LLC in this filing?

The filing lists several group members, including BB HOLDINGS AA LP, BB HOLDINGS AC LP, CO-INVESTMENT PORTFOLIO 2021 LP, GLIDE PATH SOLUTIONS 2020, L.P., GLIDE PATH SOLUTIONS 2021 LP, and Divesh Makan, among others.

What is the CUSIP number for the Class A Common Stock of Blue Owl Capital Inc. mentioned in the filing?

The CUSIP number for the Class A Common Stock, $0.0001 par value per share, of Blue Owl Capital Inc. is 09581B 103.

What was the former name of Blue Owl Capital Inc. and when did the name change occur?

Blue Owl Capital Inc. was formerly known as ALTIMAR ACQUISITION CORP., and the date of the name change was 20200909 (September 9, 2020).

Filing Stats: 4,643 words · 19 min read · ~15 pages · Grade level 8.8 · Accepted 2024-01-31 16:01:31

Key Financial Figures

Filing Documents

From the Filing

SC 13G/A 1 form_sc13ga-blue.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1)* ______________________________________________ Blue Owl Capital Inc. (Name of Issuer) ______________________________________________ CLASS A COMMON STOCK, $0.0001 PAR VALUE PER SHARE (Title of Class of Securities) 09581B 103 (CUSIP Number) January 29, 2024 (Information also provided as of 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: 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. 09581B 103 SCHEDULE 13G Page 2 of 22 Pages 1. NAMES OF REPORTING PERSONS BB Holdings AC LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 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 3,500,000 (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 3,500,000 (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,500,000 (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.8% (2) 12. TYPE OF REPORTING PERSON PN (1) The Reporting Person's beneficial ownership was the same on December 31, 2023. (2) The percent of class was calculated based on 455,748,576 shares of Class A Common Stock outstanding as of October 31, 2023, as disclosed in the Issuer's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on November 2, 2023. CUSIP No. 09581B 103 SCHEDULE 13G Page 3 of 22 Pages 1. NAMES OF REPORTING PERSONS Glide Path Solutions 2020 LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 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 0 (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% (1) 12. TYPE OF REPORTING PERSON PN (1) As of December 31, 2023, Glide Path Solutions 2020 LP had sole voting and dispositive power over 4,500,000 shares of Class A Common Stock, constituting 1.0% of the Class A Common Stock, based on 455,748,576 shares of Class A Common Stock outstanding as of October 31, 2023, as disclosed in the Issuer's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on November 2, 2023. CUSIP No. 09581B 103 SCHEDULE 13G Page 4 of 22 Pages 1. NAMES OF REPORTING PERSONS Glide Path Solutions 2021 LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 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 0 (1) 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 0 (1) 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% 12. TYPE OF REPORTING PERSON PN (1) As of December 31, 2023, Glide Path Solutions 2021 LP had sole voting and dispositive power over 2,000,000 shares of Class A Common Stock, constituting 0.4% of the Class A Common Stock, based on 455,748,576 shares of Class A Common Stock outstanding as of October 31, 2023, as disclosed in the Issuer's Quarterly Report on Form 10-Q, as filed with the Securities and Exchange Commission on November 2, 2023. CUSIP No. 09581B 103 SCHEDULE 13G Page 5 of 22 Pages 1. NAMES OF REPORTING PERSONS BB Holdings AA LP 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SO

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