BlackRock (CON) discloses 13.7% Concentra stake with sole voting control
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 17,569,590 shares of CONCENTRA GROUP HOLDINGS PARENT INC common stock, representing 13.7% of the class. BlackRock has sole voting power over 17,378,159 shares and sole dispositive power over 17,569,590 shares, with no shared voting or dispositive power reported.
The filing explains that these holdings reflect securities beneficially owned, or deemed beneficially owned, by certain business units of BlackRock and its subsidiaries. One underlying holder, iShares Core S&P Small-Cap ETF, has an interest in Concentra common stock exceeding five percent of the total outstanding common stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 17,569,590 shares
Ownership percentage: 13.7%
Sole voting power: 17,378,159 shares
+4 more
7 metrics
Beneficially owned shares
17,569,590 shares
Common stock beneficially owned by BlackRock, Inc.
Ownership percentage
13.7%
Percent of Concentra common stock class held by BlackRock, Inc.
Sole voting power
17,378,159 shares
Shares of Concentra over which BlackRock has sole voting power
Sole dispositive power
17,569,590 shares
Shares of Concentra over which BlackRock has sole dispositive power
Shared voting power
0 shares
Shares of Concentra over which BlackRock has shared voting power
Shared dispositive power
0 shares
Shares of Concentra over which BlackRock has shared dispositive power
iShares ETF interest threshold
more than five percent
Interest of iShares Core S&P Small-Cap ETF in Concentra common stock
Key Terms
beneficially owned, dispositive power, Schedule 13G, Power of Attorney, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain"
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.
dispositive power financial
"Sole Dispositive Power 17,569,590.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
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.
Power of Attorney regulatory
"Exhibit Information Exhibit 24: Power of Attorney Exhibit 99: Item 7"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Investment Company Act of 1940 regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of CON common stock does BlackRock hold according to the Schedule 13G/A?
BlackRock reports beneficial ownership of 13.7% of Concentra Group Holdings Parent Inc’s common stock. This percentage reflects the shares attributed to specific BlackRock business units included in the Schedule 13G/A filing.
Does the CON Schedule 13G/A include all securities owned by BlackRock entities?
No. It covers securities beneficially owned by certain BlackRock business units defined as the Reporting Business Units. Securities, if any, owned by other business units whose ownership is disaggregated under SEC guidance are not included.
Who signed the CON Schedule 13G/A on behalf of BlackRock, Inc.?
The Schedule 13G/A was signed by Spencer Fleming, identified as a Managing Director at BlackRock, Inc. A related Power of Attorney is referenced as Exhibit 24 in connection with the signature authority.