BlackRock Amends Dollar Tree Stake, Signals Portfolio Adjustment

TL;DR

**BlackRock just updated its Dollar Tree holdings, watch for their next move!**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on February 1, 2024, indicating a change in its ownership of Dollar Tree, Inc. common stock as of December 31, 2022. This amendment, number 14, updates their previous filing regarding their passive investment in the discount retailer. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in Dollar Tree's future performance.

Why It Matters

This filing shows BlackRock's updated position in Dollar Tree, providing insight into a major institutional investor's view on the company's stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate or significant risk.

Analyst Insight

Investors should note BlackRock's continued, albeit adjusted, passive stake in Dollar Tree. While this filing doesn't detail the exact change in share count, it confirms BlackRock's ongoing interest. Smart investors might look for the full details of the share count in the complete filing to understand the magnitude of the adjustment and cross-reference it with Dollar Tree's recent performance and upcoming earnings.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• DOLLAR TREE, INC. (company) — the subject company whose shares are being reported
• December 31, 2022 (date) — the date of the event requiring this filing
• February 1, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-006084.txt : 20240201 0001086364-24-006084.hdr.sgml : 20240201 20240201121317 ACCESSION NUMBER: 0001086364-24-006084 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR TREE, INC. CENTRAL INDEX KEY: 0000935703 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541387365 STATE OF INCORPORATION: VA FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50167 FILM NUMBER: 24585762 BUSINESS ADDRESS: STREET 1: 500 VOLVO PARKWAY STREET 2: N/A CITY: CHESAPEAKE STATE: VA ZIP: 23320 BUSINESS PHONE: (757) 321-5000 MAIL ADDRESS: STREET 1: 500 VOLVO PARKWAY CITY: CHESAPEAKE STATE: VA ZIP: 23320 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE INC DATE OF NAME CHANGE: 20080328 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE STORES INC DATE OF NAME CHANGE: 19950117 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 us2567461080_020124.txt us2567461080_013123.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14) DOLLAR TREE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 256746108 -------------------------------------------------------- (CUSIP Number) December 31, 2022 -------------------------------------------------------- (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. 256746108 (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 14386397 (6) Shared voting power 0 (7) Sole dispositive power 16033750 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 16033750 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DOLLAR TREE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 500 VOLVO PARKWAY CHESAPEAKE VA 23320 Item 2. 2(a) Name of person filing: --------------