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Columbia Seligman Fund Holds 12.3% of Bloom Energy (28.7M Shares)

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

Rhea-AI Filing Summary

This Schedule 13G/A discloses substantial passive holdings in Bloom Energy Corp (Class A common stock). The Columbia Seligman Technology and Information Fund directly holds 28,699,298 shares (12.3%). Columbia Management Investment Advisers, LLC reports beneficial ownership of 45,096,840 shares (19.3%), and Ameriprise Financial, Inc. reports an aggregate 46,833,019 shares (20.0%).

The filing shows shared voting power of 44,132,948 and shared dispositive power reported across the filers. CMIA is the investment adviser to the Fund and may be deemed to beneficially own the Fund’s shares; AFI is CMIA’s parent and includes CMIA’s reported shares. Each reporting person states the holdings were acquired and are held in the ordinary course and reported on Schedule 13G as passive.

Positive

  • Clear disclosure of substantial holdings with precise share counts for AFI, CMIA, and the Fund
  • Schedule 13G classification indicates the holdings are reported as passive and acquired in the ordinary course
  • Detailed voting and dispositive power figures are provided (shared voting power: 44,132,948; shared dispositive power up to 46,833,019)

Negative

  • High concentration of ownership: Ameriprise reports 20.0% (46,833,019 shares), which is material relative to public float
  • Complex ownership reporting: AFI and CMIA include shares reported by the Fund while disclaiming direct beneficial ownership, which could complicate clear attribution of control

Insights

Large institutional passive positions disclosed: AFI 20.0%, CMIA 19.3%, Fund 12.3% — significant stake concentration.

The filing reveals that combined institutional reporting reaches roughly one fifth of Bloom Energy’s Class A shares, with 46.8M shares (20.0%) attributed to Ameriprise and 45.1M (19.3%) to CMIA, while the Fund directly holds 28.7M (12.3%). These numbers reduce public float and concentrate voting influence, although the Schedule 13G classification denotes passive intent and ordinary-course acquisition, not an activist or control-seeking posture. Investors should note the magnitude of shared voting and dispositive power disclosed.

Schedule 13G indicates passive holdings, but group/parent relationships mean a single reporting alignment represents material ownership.

The document clarifies that CMIA advises the Fund and AFI is the parent of CMIA, and that AFI and CMIA include shares reported by the Fund while disclaiming direct beneficial ownership. The filing lists shared voting power of 44,132,948 and shared dispositive power up to 46,833,019, signaling concentrated institutional influence. The report is procedural and certifies ordinary-course acquisition; it does not assert any intent to change control.






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)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Ameriprise Financial, Inc.
Signature:/s/ Michael G. Clarke
Name/Title:Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:08/14/2025
Columbia Management Investment Advisers, LLC
Signature:/s/ Michael G. Clarke
Name/Title:Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:08/14/2025
Columbia Seligman Technology and Information Fund
Signature:/s/ Michael G. Clarke
Name/Title:Michael G. Clarke, Senior Vice President & Chief Financial Officer
Date:08/14/2025

Comments accompanying signature: Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593 Exhibit Index Exhibit I Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company. Exhibit II Joint Filing Agreement

FAQ

What stake does Ameriprise report in Bloom Energy (BE)?

Ameriprise Financial, Inc. reports an aggregate beneficial ownership of 46,833,019 shares, representing 20.0% of the Class A common stock.

How many shares does Columbia Management Investment Advisers (CMIA) report for BE?

CMIA reports beneficial ownership of 45,096,840 shares, equal to 19.3% of the class.

What is the Columbia Seligman Technology and Information Fund’s position in BE?

The Fund directly holds 28,699,298 shares, which equals 12.3% of the Class A common stock.

Does this filing indicate activist intent to change control of Bloom Energy (BE)?

No. The reporting persons certify the securities were acquired and are held in the ordinary course and the statement is filed on Schedule 13G, which indicates passive holdings rather than an intent to influence control.

What voting and dispositive powers are reported?

The filing discloses shared voting power of 44,132,948 and shared dispositive power figures up to 46,833,019 across the reporting persons.

Who may be deemed to beneficially own the Fund’s shares according to the filing?

CMIA, as investment adviser to the Fund, may be deemed to beneficially own the Fund’s shares, and AFI, as CMIA’s parent, includes CMIA’s reported shares; each party disclaims direct beneficial ownership where noted.
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