BlackRock (KVYO holder) discloses 5.3% Klaviyo stake in Schedule 13G
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of Klaviyo, Inc. Series A Common Stock. BlackRock and certain of its business units collectively beneficially own 7,462,388 shares, representing 5.3% of this class. BlackRock has sole voting power over 7,237,852 shares and sole dispositive power over 7,462,388 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends and sale proceeds, but no single such person holds more than five percent of Klaviyo’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 7,462,388 shares
Ownership percentage: 5.3 %
Sole voting power: 7,237,852 shares
+3 more
6 metrics
Beneficial ownership
7,462,388 shares
Shares of Klaviyo Series A Common Stock beneficially owned by BlackRock, Inc.
Ownership percentage
5.3 %
Percent of Klaviyo Series A Common Stock class beneficially owned by BlackRock, Inc.
Sole voting power
7,237,852 shares
Number of Klaviyo shares over which BlackRock has sole power to vote
Shared voting power
0
Number of Klaviyo shares over which BlackRock has shared power to vote
Sole dispositive power
7,462,388 shares
Number of Klaviyo shares over which BlackRock has sole power to dispose
Shared dispositive power
0
Number of Klaviyo 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
"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
"Sole Voting Power 7,237,852.00"
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 7,462,388.00"
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 as a Schedule 13G institutional ownership report"
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.
CUSIP Number financial
"CUSIP Number(s): 49845K101"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Klaviyo (KVYO) does BlackRock hold according to this Schedule 13G?
BlackRock reports beneficial ownership of 5.3% of Klaviyo’s Series A Common Stock. This percentage is based on Klaviyo’s total outstanding common shares for this class as referenced in the ownership section.
Does any single BlackRock client own over 5% of Klaviyo (KVYO)?
No single underlying person has an interest in more than five percent of Klaviyo’s total outstanding common shares. Various clients have rights to dividends or sale proceeds, but each is below this threshold.
Who filed the Schedule 13G for Klaviyo (KVYO) and on whose behalf?
The filer is BlackRock, Inc., a Delaware corporation. The filing aggregates securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units and their subsidiaries and affiliates, excluding disaggregated units.
What type of Klaviyo (KVYO) security does BlackRock’s Schedule 13G cover?
The filing covers Series A Common Stock of Klaviyo, Inc., identified by CUSIP 49845K101. The reported ownership and voting/dispositive powers all relate to this specific class of common stock.