[SCHEDULE 13G/A] Rocket Companies, Inc. SEC Filing
Rhea-AI Filing Summary
FMR LLC and its chair Abigail P. Johnson filed Amendment No. 1 to Schedule 13G for Rocket Companies, Inc. (RKT). As of 30 Jun 2025 they report beneficial ownership of 13,606,480.35 Class A shares, equal to 9.0 % of the outstanding class.
FMR has sole voting power over 13,571,816 shares and sole dispositive power over the full 13.6 M shares; it holds no shared voting or dispositive authority. Johnson, filing individually, mirrors the dispositive power but exercises no voting power, reflecting her control position over FMR.
The filing is made under Rule 13d-1(b) for a passive ownership position; the certification states the securities were acquired in the ordinary course and not to influence control. A separate Exhibit 99 identifies relevant subsidiaries pursuant to Rule 13d-1(k).
Key dates: event date 30 Jun 2025; filing date 5 Aug 2025. Signatory: Richard Bourgelas under powers of attorney dated 23 May 2023.
Positive
- FMR LLC now holds a 9 % passive stake (13.6 M shares) in RKT, providing notable institutional support and potential liquidity.
Negative
- None.
Insights
TL;DR – FMR’s 9 % passive stake signals strong institutional interest.
FMR’s 13.6 M-share position makes it one of RKT’s largest outside holders. Passive 13G status means no activist intent, yet the stake adds liquidity and may stabilize the float. Institutional backing from a respected asset manager can broaden analyst coverage and improve perception among other funds. While not an earnings catalyst, ownership at this magnitude often supports valuation multiples and can dampen volatility.
TL;DR – Disclosure is routine; no change in control implications.
The amendment simply updates share counts and percent owned—voting and dispositive powers remain with FMR/Johnson, and no group formation is indicated. Control risk is low because Class A stock carries limited voting rights versus insider-held Class D, so governance balance is unchanged. Thus, impact on corporate oversight is neutral.