BlackRock Amends Builders FirstSource Stake on Jan 31

TL;DR

**BlackRock updated its Builders FirstSource holdings, signaling a potential portfolio rebalance.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on February 7, 2024, indicating a change in its ownership stake in Builders FirstSource, Inc. As of January 31, 2024, BlackRock, a major institutional investor, reported its holdings in Builders FirstSource's common stock. This filing is an update to their previous disclosures, signaling a potential adjustment in their investment strategy for the building materials supplier.

Why It Matters

This filing shows that a major institutional investor, BlackRock, is adjusting its position in Builders FirstSource, which can influence other investors' perceptions and the stock's trading activity.

Risk Assessment

Risk Level: low — This is a routine update from a large institutional investor and doesn't inherently signal significant risk for the company.

Analyst Insight

Investors should monitor future BlackRock filings or other institutional ownership changes for Builders FirstSource to understand broader market sentiment and potential shifts in large-scale investment strategies.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• Builders FirstSource, Inc. (company) — the subject company whose stock is being reported
• January 31, 2024 (date) — the date of the event requiring this filing
• February 7, 2024 (date) — the date the SC 13G/A was filed

FAQ

From the Filing

0001086364-24-006864.txt : 20240207 0001086364-24-006864.hdr.sgml : 20240207 20240207170903 ACCESSION NUMBER: 0001086364-24-006864 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Builders FirstSource, Inc. CENTRAL INDEX KEY: 0001316835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 522084569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81419 FILM NUMBER: 24605667 BUSINESS ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (214) 880-3500 MAIL ADDRESS: STREET 1: 6031 CONNECTION DR., STE. 400 CITY: IRVING STATE: TX ZIP: 75039 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 us12008r1077_020724.txt us12008r1077_020724.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 4) Builders FirstSource, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 12008R107 -------------------------------------------------------- (CUSIP Number) January 31, 2024 -------------------------------------------------------- (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. 12008R107 (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 11417699 (6) Shared voting power 0 (7) Sole dispositive power 12744033 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 12744033 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 10.3% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- Builders FirstSource, Inc. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 6031 CONNECTION DR., STE. 400 IRVING TX 75039 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business of