BlackRock (CTMX holder) discloses 7.6% beneficial stake in CytomX Therapeutics
Rhea-AI Filing Summary
BlackRock, Inc. reports a significant ownership position in CytomX Therapeutics, Inc. common stock on a passive Schedule 13G basis. BlackRock beneficially owns 16,551,452 shares, representing 7.6% of the outstanding common stock. It has sole voting power over 16,307,550 shares and sole dispositive power over all 16,551,452 shares, with no shared voting or dispositive power. Various underlying clients and accounts have rights to dividends or sale proceeds from these shares, but no single such person holds more than five percent of CytomX’s total outstanding common stock. The filing is signed on behalf of BlackRock by a managing director.
Positive
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Key Figures
Beneficial ownership: 16,551,452 shares
Ownership percentage: 7.6%
Sole voting power: 16,307,550 shares
+3 more
6 metrics
Beneficial ownership
16,551,452 shares
CytomX common stock beneficially owned by BlackRock
Ownership percentage
7.6%
Percent of CytomX common stock class beneficially owned by BlackRock
Sole voting power
16,307,550 shares
Shares of CytomX over which BlackRock has sole power to vote
Shared voting power
0
Shares of CytomX over which BlackRock has shared power to vote
Sole dispositive power
16,551,452 shares
Shares over which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0
Shares over which BlackRock has shared power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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 Voting Power financial
"5 | Sole Voting Power 16,307,550.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 16,551,452.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G regulatory
"this schedule has been filed on a Schedule 13G basis for ownership"
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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of CYTOMX THERAPEUTICS, INC (CTMX) does BlackRock currently own?
BlackRock beneficially owns 7.6% of CytomX Therapeutics’ common stock, representing 16,551,452 shares. This ownership gives BlackRock a notable institutional stake but does not indicate any change in control or an activist position in the company.
Is any single BlackRock client a more-than-5% holder of CYTOMX THERAPEUTICS, INC (CTMX)?
No single underlying person related to BlackRock’s holdings has more than 5% of CytomX’s outstanding common stock. Various persons have rights to dividends or sale proceeds, but each individual interest remains below the 5% ownership threshold.
What type of SEC filing did BlackRock submit regarding CYTOMX THERAPEUTICS, INC (CTMX)?
BlackRock submitted a Schedule 13G for CytomX Therapeutics common stock. Schedule 13G is used by certain investors to report beneficial ownership positions of over 5% when they do not seek to change or influence control of the issuer.
Who signed the CYTOMX THERAPEUTICS, INC (CTMX) Schedule 13G on behalf of BlackRock?
The Schedule 13G regarding CytomX Therapeutics was signed by Spencer Fleming, a Managing Director at BlackRock. The filing references a Power of Attorney (Exhibit 24) authorizing execution of the report on behalf of BlackRock.