BlackRock (NYSE: BLK) discloses 6.9% beneficial stake in Enovix (ENVX)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Enovix Corp. As of June 30, 2026, BlackRock and certain consolidated business units beneficially owned 15,072,422 shares of Enovix common stock, representing 6.9% of the class.
BlackRock has sole voting power over 14,719,923 shares and sole dispositive power over 15,072,422 shares, with no shared voting or dispositive power. Various underlying clients and funds have rights to dividends or sale proceeds, but no individual person has an interest exceeding five percent of Enovix’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 15,072,422 shares
Percent of class: 6.9%
Sole voting power: 14,719,923 shares
+5 more
8 metrics
Beneficial ownership
15,072,422 shares
Common stock of Enovix Corp beneficially owned by BlackRock as of June 30, 2026
Percent of class
6.9%
Portion of Enovix common stock class beneficially owned by BlackRock
Sole voting power
14,719,923 shares
Shares of Enovix common stock over which BlackRock has sole voting power
Shared voting power
0
Shares of Enovix common stock over which BlackRock has shared voting power
Sole dispositive power
15,072,422 shares
Shares of Enovix common stock over which BlackRock has sole dispositive power
Shared dispositive power
0
Shares of Enovix common stock over which BlackRock has shared dispositive power
CUSIP
293594107
CUSIP number for Enovix Corp common stock
Signature date
07/28/2026
Date the Schedule 13G/A amendment was signed by BlackRock’s Managing Director
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more
6 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
"Sole Voting Power 14,719,923.00"
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
"Sole Dispositive Power 15,072,422.00"
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.
percent of class financial
"Percent of class: 6.9 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding company regulatory
"If a parent holding company has filed this schedule"
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
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 Enovix Corp (ENVX) does BlackRock currently beneficially own?
BlackRock beneficially owns 6.9% of Enovix Corp’s common stock, representing 15,072,422 shares. This ownership is attributed to certain consolidated business units of BlackRock and its subsidiaries, as detailed in the Schedule 13G/A amendment.
Do any individual investors hold more than 5% of Enovix (ENVX) through BlackRock’s positions?
No individual investor exceeds 5% of Enovix’s outstanding common shares through these holdings. Various persons have rights to dividends or sale proceeds, but each person’s interest remains below the five percent threshold.
Which BlackRock entity signed the Schedule 13G/A for Enovix (ENVX)?
The Schedule 13G/A was signed on behalf of BlackRock, Inc. by Spencer Fleming, Managing Director. A Power of Attorney (Exhibit 24) authorizes this execution for the reporting person.
Where is BlackRock’s principal business office for this Enovix (ENVX) ownership report?
For this beneficial ownership report, BlackRock’s principal business office is listed as 50 Hudson Yards, New York, NY 10001. Enovix’s principal executive offices are in Fremont, California.