BlackRock (NYSE: HIPO) files 13G/A showing 1.26M shares (4.9%)
Rhea-AI Filing Summary
Hippo Holdings Inc. Schedule 13G/A amendment reports that BlackRock, Inc. beneficially owns 1,261,191 shares of Hippo common stock, representing 4.9% of the class. The filing states these holdings reflect certain Reporting Business Units of BlackRock, Inc., and provides voting and disposition powers.
Positive
- None.
Negative
- None.
Insights
Large asset manager reports sub-5% stake via business units.
BlackRock discloses beneficial ownership of 1,261,191 shares (4.9%). The filing attributes holdings to Reporting Business Units and lists sole voting and dispositive powers. This is a passive disclosure under Schedule 13G/A rather than an active acquisition statement.
Subsequent filings may clarify whether the position changes; the amendment updates prior disclosure and confirms current holdings and power breakdown.
Filing follows SEC Schedule 13G/A conventions and includes required exhibits.
The amendment includes Exhibit 24 (Power of Attorney) and Exhibit 99 (Item 7 subsidiary identification language), and is signed by a BlackRock Managing Director. It documents sole voting power of 1,240,081 shares and sole dispositive power of 1,261,191 shares.
Stake remains below the 5% ownership threshold noted in Item 5 language.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
sole dispositive power regulatory
CUSIP market
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