BlackRock Amends Alphabet Class A Stock Ownership (SC 13G/A)

TL;DR

**BlackRock still owns a big chunk of Alphabet Class A shares, per their latest filing.**

AI Summary

BlackRock, Inc. filed an amended SC 13G/A on February 1, 2024, disclosing its ownership of Alphabet Inc. Class A Common Stock as of December 31, 2023. This filing, Amendment No. 8, indicates that BlackRock continues to hold a significant passive stake in Alphabet, a major player in computer programming and data processing. This matters to investors because BlackRock, as one of the world's largest asset managers, often holds substantial positions in companies, and changes in their reported ownership can signal shifts in institutional sentiment or portfolio adjustments, even if this specific filing is a routine update.

Why It Matters

This filing confirms BlackRock's continued significant, passive investment in Alphabet, providing transparency into major institutional holdings. It's a routine update, but large institutional ownership can provide stability and confidence in a stock.

Risk Assessment

Risk Level: low — This is a routine amendment (Amendment No. 8) by a passive institutional investor, BlackRock, and does not indicate any immediate new risks or significant changes.

Analyst Insight

This filing is a routine disclosure of a passive institutional stake and doesn't suggest immediate action. Investors should note BlackRock's continued presence as a major shareholder, which can be a sign of long-term institutional confidence in Alphabet.

Key Players & Entities

• BlackRock, Inc. (company) — the reporting person and institutional investor
• Alphabet Inc. (company) — the subject company whose Class A Common Stock is being reported
• December 31, 2023 (date) — the date of the event which requires the filing of this statement
• February 1, 2024 (date) — the filing date of the SC 13G/A
• Amendment No: 8 (number) — the specific amendment number of this filing

FAQ

From the Filing

0001086364-24-006080.txt : 20240201 0001086364-24-006080.hdr.sgml : 20240201 20240201103818 ACCESSION NUMBER: 0001086364-24-006080 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: Alphabet Inc. CENTRAL INDEX KEY: 0001652044 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 611767919 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89274 FILM NUMBER: 24585446 BUSINESS ADDRESS: STREET 1: 1600 AMPHITHEATRE PARKWAY CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 650-253-0000 MAIL ADDRESS: STREET 1: 1600 AMPHITHEATRE PARKWAY CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 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 us02079k3059_020124.txt us02079k3059_020124.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8) ALPHABET INC -------------------------------------------------------- (Name of Issuer) Class A Common Stock -------------------------------------------------------- (Title of Class of Securities) 02079K305 -------------------------------------------------------- (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. 02079K305 (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 372226550 (6) Shared voting power 0 (7) Sole dispositive power 415076460 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 415076460 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ALPHABET INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residen