BlackRock (NYSE: BLK) discloses 13% beneficial ownership in HCI Group (HCI)
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 16 reporting its beneficial ownership of common stock of HCI Group, Inc. as of 06/30/2026. BlackRock reports beneficial ownership of 1,658,128 HCI common shares, representing 13.0% of the outstanding class.
BlackRock has sole voting power over 1,639,657 shares and sole dispositive power over 1,658,128 shares, with no shared voting or dispositive power. The filing clarifies that these holdings are attributed to certain BlackRock business units, and that various underlying persons have rights to dividends or sale proceeds, but no single such person holds more than five percent of HCI’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,658,128 shares
Percent of class: 13.0%
Sole voting power: 1,639,657 shares
+3 more
6 metrics
Beneficially owned shares
1,658,128 shares
Common stock of HCI Group, Inc. reported by BlackRock as of 06/30/2026
Percent of class
13.0%
Portion of HCI Group, Inc. common stock beneficially owned by BlackRock
Sole voting power
1,639,657 shares
Shares of HCI Group, Inc. over which BlackRock has sole voting authority
Shared voting power
0 shares
Shares of HCI Group, Inc. over which BlackRock has shared voting authority
Sole dispositive power
1,658,128 shares
Shares of HCI Group, Inc. over which BlackRock has sole dispositive authority
Shared dispositive power
0 shares
Shares of HCI Group, Inc. over which BlackRock has shared dispositive authority
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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 1,639,657.00 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 1,658,128.00 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
"In accordance with SEC Release No. 34-39538 this Schedule 13G reflects the securities"
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 HCI (HCI) does BlackRock report owning in this Schedule 13G/A?
BlackRock reports beneficial ownership of 13.0% of HCI Group, Inc.’s common stock. This corresponds to 1,658,128 shares as of June 30, 2026, held through certain BlackRock business units.
Are any underlying holders above 5% of HCI (HCI) according to BlackRock’s filing?
No. The filing states that various persons may receive dividends or sale proceeds from the HCI shares, but no one person’s interest exceeds five percent of HCI’s total outstanding common shares.
Whose holdings are included in BlackRock’s 13G/A filing for HCI (HCI)?
The filing covers securities beneficially owned, or deemed owned, by certain Reporting Business Units of BlackRock and its affiliates. It excludes other BlackRock business units whose ownership is disaggregated under SEC Release No. 34-39538.