BlackRock Amends Ross Stores Stake as of Dec 31, 2023

TL;DR

**BlackRock updated its Ross Stores ownership, signaling routine portfolio adjustments.**

AI Summary

BlackRock Inc. has filed an amendment (SC 13G/A) to its ownership stake in Ross Stores, Inc. (ROST) as of December 31, 2023. This filing indicates a change in BlackRock's beneficial ownership, which is a common occurrence for large institutional investors adjusting their portfolios. For investors, this matters because BlackRock is a major institutional holder, and changes in its position can sometimes signal shifts in sentiment or strategy regarding Ross Stores' stock, though this specific filing doesn't detail the magnitude of the change.

Why It Matters

This filing shows BlackRock, a major institutional investor, has updated its ownership disclosure in Ross Stores, Inc., which can be a subtle indicator of institutional sentiment towards the company.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor and does not inherently indicate significant risk for the stock.

Analyst Insight

Smart investors would note BlackRock's continued presence as a significant holder but recognize this amendment is a routine update, not necessarily a signal for immediate action. Further investigation into the specific change in share count (not provided in this excerpt) would be needed for deeper insight.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person filing the SC 13G/A
• Ross Stores, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event which required the filing

FAQ

From the Filing

0001086364-24-006973.txt : 20240212 0001086364-24-006973.hdr.sgml : 20240212 20240212133949 ACCESSION NUMBER: 0001086364-24-006973 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROSS STORES, INC. CENTRAL INDEX KEY: 0000745732 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 941390387 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-37304 FILM NUMBER: 24618950 BUSINESS ADDRESS: STREET 1: 5130 HACIENDA DRIVE CITY: DUBLIN STATE: CA ZIP: 94568 BUSINESS PHONE: 9259654400 MAIL ADDRESS: STREET 1: 5130 HACIENDA DRIVE CITY: DUBLIN STATE: CA ZIP: 94568 FORMER COMPANY: FORMER CONFORMED NAME: ROSS STORES INC DATE OF NAME CHANGE: 19920703 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 us7782961038_021224.txt us7782961038_021224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 16) ROSS STORES INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 778296103 -------------------------------------------------------- (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. 778296103 (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 24969116 (6) Shared voting power 0 (7) Sole dispositive power 27431592 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 27431592 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- ROSS STORES INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 5130 HACIENDA DRIVE DUBLIN CA 94568 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business