BlackRock Portfolio Management LLC discloses 4.1% REGENXBIO (RGNX) stake
Rhea-AI Filing Summary
REGENXBIO Inc. received an updated ownership report from BlackRock Portfolio Management LLC, which filed Amendment No. 1 to its Schedule 13G. BlackRock reports beneficial ownership of 2,085,619 shares of REGENXBIO common stock, representing 4.1% of the outstanding shares as of the stated event date. BlackRock has sole voting power over 1,818,311 shares and sole dispositive power over the full 2,085,619 shares, with no shared voting or dispositive power.
The filing explains that these holdings reflect securities beneficially owned, or deemed to be beneficially owned, by certain business units of BlackRock, Inc. and its affiliates. Various underlying clients have the right to receive dividends or sale proceeds, but no single client holds more than five percent of REGENXBIO’s outstanding common stock. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of REGENXBIO.
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