BlackRock (NYSE: ORC-related) discloses 10.1% beneficial stake in Orchid Island
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 6 to a Schedule 13G reporting its beneficial ownership in Orchid Island Capital, Inc. common stock. BlackRock reports beneficial ownership of 20,131,144 shares, representing 10.1% of the outstanding common stock.
BlackRock has sole voting power over 19,796,479 shares and sole dispositive power over 20,131,144 shares, with no shared voting or dispositive power. The filing explains that various underlying clients have rights to dividends and sale proceeds, but no single person holds more than 5% of Orchid Island Capital’s outstanding common shares.
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Key Figures
Beneficial ownership: 20,131,144 shares
Percent of class: 10.1%
Sole voting power: 19,796,479 shares
+3 more
6 metrics
Beneficial ownership
20,131,144 shares
Shares of Orchid Island Capital, Inc. common stock beneficially owned by BlackRock, Inc.
Percent of class
10.1%
Percentage of Orchid Island Capital, Inc. common stock class owned by BlackRock, Inc.
Sole voting power
19,796,479 shares
Number of shares for which BlackRock, Inc. has sole power to vote or direct the vote
Sole dispositive power
20,131,144 shares
Number of shares for which BlackRock, Inc. has sole power to dispose or direct disposition
Amendment number
Amendment No. 6
Amendment sequence of BlackRock, Inc.’s Schedule 13G on Orchid Island Capital, Inc.
Signature date
08/06/2026
Date Spencer Fleming signed as Managing Director of BlackRock, Inc.
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 19,796,479.00 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 20,131,144.00 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
"filed this schedule, pursuant to (ii)(G), so indicate under Item 3(g)"
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 financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Orchid Island Capital (ORC) does BlackRock now report owning?
BlackRock reports beneficial ownership of 10.1% of Orchid Island Capital’s common stock. This corresponds to 20,131,144 shares as disclosed in Amendment No. 6 to its Schedule 13G filing.
Do any individual BlackRock clients hold more than 5% of Orchid Island Capital (ORC)?
The filing states that various persons have rights to dividends and sale proceeds, but that no one person’s interest in Orchid Island Capital common stock exceeds 5% of the total outstanding common shares.
What type of filing did BlackRock submit regarding Orchid Island Capital (ORC)?
BlackRock submitted Amendment No. 6 to a Schedule 13G, a beneficial ownership report. It reflects securities beneficially owned by certain BlackRock business units and their subsidiaries and affiliates.
Who signed BlackRock’s Schedule 13G/A for Orchid Island Capital (ORC) and in what capacity?
The filing is signed by Spencer Fleming, who is identified as a Managing Director of BlackRock, Inc., acting pursuant to a Power of Attorney referenced as Exhibit 24.