[SCHEDULE 13G] Black Rock Coffee Bar, Inc. Passive Investment Disclosure (>5%)
Woodline Reports 5.5% Stake in Black Rock Coffee Bar
Black Rock Coffee Bar, Inc. ownership update: Woodline Partners LP reports beneficial ownership of 955,820 shares of Class A Common Stock, representing 5.5% of the class based on 17,478,452 shares outstanding as of March 1, 2026.
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Black Rock Coffee Bar, Inc. ownership update: Woodline Partners LP reports beneficial ownership of 955,820 shares of Class A Common Stock, representing 5.5% of the class based on 17,478,452 shares outstanding as of March 1, 2026. The holdings are held directly by the Woodline Funds and Woodline Partners is the investment adviser. The statement is dated 05/15/2026 and signed by Erin Mullen, General Counsel & Chief Compliance Officer.
Insights
Woodline holds a >5% stake in BRCB, an identifiable institutional position.
Woodline Partners reports 955,820 shares, equal to 5.5% of Class A Common Stock, using the issuer's disclosed March 1, 2026 outstanding share count of 17,478,452. The filing is a Schedule 13G disclosure by an investment adviser reporting beneficial ownership on behalf of funds.
Holdings are reported as direct fund ownership with sole voting and dispositive power over 955,820 shares. Subsequent SEC filings or company disclosures will show any change in percent ownership; timing and transactions are not described here.
Key Figures
Shares owned:955,820 sharesPercent of class:5.5%Shares outstanding:17,478,452 shares+2 more
5 metrics
Shares owned955,820 sharesBeneficially owned by Woodline Funds (reported on Schedule 13G)
Percent of class5.5%Calculated using outstanding shares as of March 1, 2026
Shares outstanding17,478,452 sharesOutstanding as of <date>March 1, 2026</date> (source: company's Form 10-K)
CUSIP092244102Class A Common Stock CUSIP shown on filing
Filing signature date05/15/2026Date signature executed by Erin Mullen, General Counsel & CCO
Key Terms
Schedule 13G, Beneficially owned, Sole dispositive power, Class A Common Stock
4 terms
Schedule 13Gregulatory
"This statement is filed by Woodline Partners LP ("Woodline Partners" or the "Reporting Person")"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially ownedfinancial
"Amount beneficially owned: The information required by Item 4(a) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"Sole Dispositive Power 955,820.00"
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.
Class A Common Stockfinancial
"Title of class of securities: Class A Common Stock, par value $0.00001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Woodline Partners report in Black Rock Coffee Bar (BRCB)?
Woodline Partners reports ownership of 955,820 shares, or 5.5%. This percentage is calculated using 17,478,452 Class A shares outstanding as of March 1, 2026, per the company's Form 10-K.
What class of Black Rock Coffee Bar stock is reported in this filing?
The filing covers Class A Common Stock. The CUSIP for the reported class is 092244102, as shown on the Schedule 13G cover information.
Who holds the reported shares and in what capacity?
The shares are directly held by the Woodline Funds; Woodline Partners is the reporting investment adviser. The statement clarifies Woodline Partners files as adviser to Woodline Master Fund LP and Woodline Spire Master Fund LP.
What voting and dispositive powers are reported over the shares?
Woodline reports sole voting and sole dispositive power for 955,820 shares. The cover-page rows state sole voting power and sole dispositive power of 955,820 shares for the Reporting Person.
What date and source are used to calculate the 5.5% ownership?
The 5.5% is calculated using 17,478,452 shares outstanding as of March 1, 2026. That share count is cited from the company's Form 10-K for the fiscal year ended December 31, 2025.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Black Rock Coffee Bar, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.00001 per share
(Title of Class of Securities)
092244102
(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):
092244102
1
Names of Reporting Persons
Woodline Partners LP
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
955,820.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
955,820.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
955,820.00
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)
5.5 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Black Rock Coffee Bar, Inc.
(b)
Address of issuer's principal executive offices:
9170 E. Bahia Drive, Suite 101, Scottsdale, AZ 85260
Item 2.
(a)
Name of person filing:
This statement is filed by Woodline Partners LP ("Woodline Partners" or the "Reporting Person"), a Delaware limited partnership, and the investment adviser to Woodline Master Fund LP and Woodline Spire Master Fund LP (together, the "Woodline Funds"), with respect to the shares of Class A common stock, par value $0.00001 per share ("Class A Common Stock") of Black Rock Coffee Bar, Inc. (the "Company") directly held by the Woodline Funds;
The filing of this statement should not be construed as an admission that any of the foregoing persons or the Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner of the Class A Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of Woodline Partners is 4 Embarcadero Center, Suite 3450, San Francisco, CA 94111.
(c)
Citizenship:
Woodline Partners is a Delaware limited partnership.
(d)
Title of class of securities:
Class A Common Stock, par value $0.00001 per share
(e)
CUSIP Number(s):
092244102
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:
The information required by Item 4(a) is set forth in Row 9 of the cover page for the Reporting Person and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 17,478,452 shares of Class A Common Stock outstanding as of March 1, 2026, as reported in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on March 4, 2026.
(b)
Percent of class:
5.5%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person and is incorporated herein by reference.
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.
See Item 2(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
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.
Woodline Partners LP
Signature:
/s/ Erin Mullen
Name/Title:
By: Erin Mullen, General Counsel & Chief Compliance Officer
