Norges Bank Amends UDR Inc. Stake Filing as of Dec 31, 2023

TL;DR

**Norges Bank still holds UDR shares, signaling institutional confidence.**

AI Summary

Norges Bank, Norway's central bank, filed an amended SC 13G/A on February 13, 2024, indicating its ownership of UDR, Inc. (a real estate investment trust) as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that Norges Bank continues to hold a significant, though passive, stake in UDR. For investors, this means a major institutional investor maintains confidence in UDR, which could be a positive signal for the stock's stability and long-term prospects.

Why It Matters

This filing shows that a large, reputable institutional investor, Norges Bank, continues to hold shares in UDR, Inc., which can be interpreted as a vote of confidence in the company's performance and future outlook.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a passive institutional investor, indicating no immediate negative risks to the company or its shareholders.

Analyst Insight

An investor should note that a major institutional player like Norges Bank maintains a position in UDR, Inc., suggesting long-term stability, but this filing alone doesn't indicate any new buying or selling activity, so further research into UDR's financials and Norges Bank's specific holdings (which are not detailed in this excerpt) would be prudent.

Key Players & Entities

• Norges Bank (company) — the institutional investor filing the SC 13G/A
• UDR, Inc. (company) — the subject company in which Norges Bank holds shares
• December 31, 2023 (date) — the date of the event requiring the filing
• February 13, 2024 (date) — the date the SC 13G/A was filed

FAQ

From the Filing

0001374170-24-000021.txt : 20240213 0001374170-24-000021.hdr.sgml : 20240213 20240213083155 ACCESSION NUMBER: 0001374170-24-000021 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 GROUP MEMBERS: NBIMREGULATORYCOMPLIANCE@NBIM.NO GROUP MEMBERS: PCI@NBIM.NO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UDR, Inc. CENTRAL INDEX KEY: 0000074208 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 540857512 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-20857 FILM NUMBER: 24622709 BUSINESS ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 BUSINESS PHONE: 720-283-6120 MAIL ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 FORMER COMPANY: FORMER CONFORMED NAME: UNITED DOMINION REALTY TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19850110 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REIT ONE DATE OF NAME CHANGE: 19770921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NORGES BANK CENTRAL INDEX KEY: 0001374170 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: Q8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: BANKPLASSEN 2 STREET 2: P.O BOX 1179 SENTRUM CITY: OSLO STATE: Q8 ZIP: 0107 BUSINESS PHONE: 47-24073120 MAIL ADDRESS: STREET 1: BANKPLASSEN 2 STREET 2: P.O BOX 1179 SENTRUM CITY: OSLO STATE: Q8 ZIP: 0107 FORMER COMPANY: FORMER CONFORMED NAME: Norges Bank DATE OF NAME CHANGE: 20060829 SC 13G/A 1 efc23-1231_formsc13ga.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------------------------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* UDR, Inc. ---------------------------------------------- (Name of Issuer) REIT ----------------------------------------------------- (Title of Class of Securities) 902653104 --------------------- (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). Continued on following pages Page 1 of 5 Pages SCHEDULE 13G CUSIP No.: 902653104 Page 2 of 5 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). NORGES BANK (THE CENTRAL BANK OF NORWAY) ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] N/A ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization NORWAY ................................................................................. Number of 5. Sole Voting Power 27,826,628 Shares Beneficially ...........................................................