Wells Fargo reports 5.2% stake in BlackRock Resources

Wells Fargo & Company reported beneficial ownership of 3,956,643 common shares of BlackRock Resources & Commdty, representing 5.2% of the class.

Accepted by SEC EDGAR 05/12/2026 - 03:04 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Wells Fargo & Company reported beneficial ownership of 3,956,643 common shares of BlackRock Resources & Commdty, representing 5.2% of the class. The filing states Wells Fargo has sole dispositive power over 3,956,643 shares and no voting power. The amendment is signed on 05/12/2026.

Insights

Institutional Ownership Analyst

Wells Fargo reports a 5.2% stake with dispositive control but no voting power.

The schedule amendment states 3,956,643 shares are beneficially owned with sole dispositive power; voting power is recorded as 0. The filing lists broker‑dealer affiliates that hold positions on behalf of clients.

This is a passive ownership disclosure under the Schedule 13G framework; subsequent filings may show changes in position or voting arrangements.

Securities Compliance Specialist

The amendment clarifies entity and subsidiary reporting relationships for compliance.

The form names Wells Fargo & Company and notes reporting on behalf of subsidiaries including Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, consistent with broker/dealer reporting practice.

Signatory and date are provided (05/12/2026); the filing is administrative and intended to update beneficial ownership records.

Key Figures

Beneficial ownership: 3,956,643 shares Percent of class: 5.2% Sole dispositive power: 3,956,643 shares +3 more

6 metrics

Beneficial ownership 3,956,643 shares amount beneficially owned reported in Item 4(a)

Percent of class 5.2% percent of class reported in Item 4(b)

Sole dispositive power 3,956,643 shares Item 4(c)(iii) lists sole power to dispose or direct disposition

Sole voting power 0 Item 4(c)(i) lists sole power to vote as 0

CUSIP 09257A108 security identifier on the cover

Signature date 05/12/2026 date in signature block

Key Terms

Schedule 13G/A, Beneficial ownership, Sole dispositive power, Broker or dealer

4 terms

Schedule 13G/A regulatory

"Filed as an amendment that reports passive beneficial ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficial ownership regulatory

"Item 4(a) lists the amount beneficially owned: 3,956,643"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole dispositive power regulatory

"Item 4(c)(iii) records sole power to dispose of 3,956,643 shares"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Broker or dealer regulatory

"Filing names Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC"

A broker or dealer is a financial middleman who helps people buy and sell securities: a broker acts like a matchmaker who executes trades on behalf of a client, while a dealer buys and sells from their own inventory like a shopkeeper. Investors care because these roles affect trade prices, fees, execution speed and potential conflicts of interest—similar to choosing between a personal shopper and a retailer, which can change what you pay and how reliably you get what you want.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in BCX does Wells Fargo report?

Wells Fargo reports beneficial ownership of 3,956,643 shares, representing 5.2% of BlackRock Resources & Commdty common shares. The filing lists sole dispositive power over these shares and records voting power as zero.

Does Wells Fargo control voting for the 3,956,643 BCX shares?

No. The filing shows 0 shares with sole voting power and 0 with shared voting power. It lists sole dispositive power of 3,956,643 shares, indicating authority to direct disposition but not to vote.

Which Wells Fargo entities are named in the Schedule 13G/A for BCX?

The amendment states it is filed by Wells Fargo & Company on its own and on behalf of subsidiaries including Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, identified as broker‑dealers under Section 15.

When was the Schedule 13G/A for BCX signed?

The signature block shows the form was signed by a designated signer on 05/12/2026. That date appears in the signature section of the amendment and anchors the reported ownership snapshot.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 17)

BlackRock Resources & Commdty

(Name of Issuer)

Common Shares of Beneficial Interest

(Title of Class of Securities)

09257A108

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 09257A108

1

Names of Reporting Persons

Wells Fargo & Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

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 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,956,643.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,956,643.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.2 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BlackRock Resources & Commdty
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY,WILMINGTON,DE,19809
Item 2.
(a)	Name of person filing: Wells Fargo & Company
(b)	Address or principal business office or, if none, residence: 333 Market Street, San Francisco, CA 94105
(c)	Citizenship: DE
(d)	Title of class of securities: Common Shares of Beneficial Interest
(e)	CUSIP No.: 09257A108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,956,643
(b)	Percent of class: 5.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3,956,643
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Not applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This Schedule 13G is filed by Wells Fargo & Company on its own and on behalf of its subsidiary Wells Fargo Advisors Financial Network, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c); Wells Fargo Clearing Services, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Wells Fargo & Company

Signature:	Ally Pecarro
Name/Title:	Designated Signer
Date:	05/12/2026