STOCK TITAN

Wells Fargo files 5.2% stake disclosure for BlackRock Resources (BCX)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

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.

Positive

  • None.

Negative

  • None.

Insights

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.

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.

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
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"





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





SCHEDULE 13G



Wells Fargo & Company
Signature:Ally Pecarro
Name/Title:Designated Signer
Date:05/12/2026

FAQ

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.