BlackRock (MGA holder) discloses 16.8M Magna International shares in amended 13G
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Magna International Inc.. BlackRock reports beneficial ownership of 16,803,301 Magna common shares, representing 6.2% of the class.
BlackRock has sole voting power over 15,645,577 shares and sole dispositive power over all 16,803,301 shares, with no shared voting or dispositive power. The filing explains that various underlying clients and accounts may receive dividends or sale proceeds, but no single underlying person is reported to have more than 5% of Magna’s outstanding common shares.
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Key Figures
Beneficially owned shares: 16,803,301 shares
Percent of class: 6.2 %
Sole voting power: 15,645,577 shares
+3 more
6 metrics
Beneficially owned shares
16,803,301 shares
Common stock of Magna International Inc. reported by BlackRock
Percent of class
6.2 %
Portion of Magna International Inc. common stock class held by BlackRock
Sole voting power
15,645,577 shares
Shares over which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which BlackRock has shared power to vote
Sole dispositive power
16,803,301 shares
Shares over which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which BlackRock has shared dispositive power
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this 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 15,645,577.00"
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 16,803,301.00"
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
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
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.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in Magna International Inc. (MGA) does BlackRock report in this Schedule 13G/A?
BlackRock reports beneficial ownership of 16,803,301 Magna International Inc. common shares, representing 6.2% of the outstanding class. This reflects holdings managed by certain BlackRock business units and their subsidiaries and affiliates.
Does this BlackRock Schedule 13G/A include all BlackRock holdings of Magna (MGA) stock?
The filing covers securities beneficially owned by certain specified BlackRock business units. It excludes securities, if any, held by other BlackRock units whose ownership is disaggregated under SEC Release No. 34-39538.
What type of security in Magna International Inc. (MGA) is reported by BlackRock?
BlackRock reports holdings of Common Stock of Magna International Inc., identified by CUSIP 559222401. The position is reported on an amended Schedule 13G, which is used for passive beneficial ownership disclosures above 5%.