BlackRock, Inc. reports beneficial ownership of 27,719,552 shares of Cushman & Wakefield Ltd common stock, representing 11.8% of the class. The filing shows BlackRock has sole voting power over 27,468,795 shares and sole dispositive power over 27,719,552 shares. The statement notes iShares Core S&P Small-Cap ETF holds more than 5% of the same class. The filing is signed by Spencer Fleming on 06/04/2026.
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Insights
BlackRock discloses a sizable passive stake of 11.8% in CWK.
BlackRock reports beneficial ownership of 27,719,552 shares with sole voting power of 27,468,795 shares, indicating centralized voting/dispositive control within its reporting business units. The schedule follows Form 13G disclosure practice for large passive holders.
Ownership is presented as passive; cash‑flow treatment and any trading intent are not stated in the excerpt. Subsequent filings or company statements would show changes in position.
Key Figures
Beneficially owned:27,719,552 sharesPercent of class:11.8%Sole voting power:27,468,795 shares+2 more
Sole voting power27,468,795 sharesSole power to vote (Item 4)
Sole dispositive power27,719,552 sharesSole power to dispose (Item 4)
Signature date06/04/2026Signed by Spencer Fleming
Key Terms
Schedule 13G, Beneficial ownership, Dispositive power, Reporting Business Units
4 terms
Schedule 13Gregulatory
"Name of form: SCHEDULE 13G (cover)"
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.
Beneficial ownershipfinancial
"Amount beneficially owned: 27719552 (Item 4)"
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.
Dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 27719552"
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.
Reporting Business Unitsregulatory
"beneficially owned by certain business units (collectively, the "Reporting Business Units")"
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CUSHMAN AND WAKEFIELD LTD
(Name of Issuer)
Common Stock
(Title of Class of Securities)
G2717C106
(CUSIP Number)
05/31/2026
(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):
G2717C106
1
Names of Reporting Persons
BlackRock, Inc.
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
27,468,795.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
27,719,552.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
27,719,552.00
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)
11.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CUSHMAN AND WAKEFIELD LTD
(b)
Address of issuer's principal executive offices:
Clarendon House, 2 Church Street Hamilton Bermuda HM 11
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
G2717C106
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:
27719552
(b)
Percent of class:
11.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
27468795
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
27719552
(iv) Shared power to dispose or to direct the disposition of:
0
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.
The interest of 1 such person, iShares Core S&P Small-Cap ETF, in the common stock of CUSHMAN AND WAKEFIELD LTD is more than five percent of the total outstanding common stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
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.
BlackRock reports beneficial ownership of 27,719,552 shares, equal to 11.8% of the class. The Schedule 13G lists sole voting power on 27,468,795 shares and sole dispositive power on 27,719,552 shares.
Is BlackRock the sole controller of those CWK shares?
The filing shows BlackRock has sole voting power on 27,468,795 shares and sole dispositive power on 27,719,552 shares. The disclosure attributes holdings to Reporting Business Units within BlackRock, Inc.
Does the filing state whether BlackRock is an active or passive investor in CWK?
This Schedule 13G format indicates a passive or qualifying large-holder filing rather than an activist Schedule 13D. The excerpt does not state trading intent or plans to influence management.
Who else is disclosed as holding more than 5% of CWK common stock?
The filing identifies iShares Core S&P Small-Cap ETF as an entity whose interest in Cushman & Wakefield Ltd common stock exceeds 5% of the outstanding class.
When was the Schedule 13G signed for this CWK filing?
The Schedule 13G is signed by Spencer Fleming with a signature date of 06/04/2026. That date appears on the provided excerpt as the signing date.
