[SCHEDULE 13G/A] Rocket Companies, Inc. SEC Filing

Rhea-AI Filing Summary

TIAA-CREF Investment Management, LLC (TCIM) filed Amendment 1 to Schedule 13G for Rocket Companies, Inc. (RKT).

• Beneficial ownership: 11,496,710 Class A shares, equal to 7.60 % of outstanding common stock as of 30 Jun 2025.
• Sole voting & dispositive power: 8,820,802 shares; no shared power reported.
• Filed under Rule 13d-1(b) as an institutional investment adviser; TCIM certifies the stake is held in the ordinary course and not to influence control.

The disclosure adds a large U.S. institutional investor to RKT’s register, signalling increased professional interest yet no activist intent. No purchase price, acquisition timing, or strategic commentary is provided.

Positive

• TCIM’s 7.6 % holding adds a substantial, professionally managed institutional investor to Rocket Companies’ shareholder base

Negative

• Filing lacks acquisition cost, timing and valuation details, limiting insight into TCIM’s conviction level
• Difference between total beneficial shares (11.5 M) and shares with voting power (8.8 M) adds uncertainty

Insights

Securities Analyst

TL;DR: 7.6 % passive stake by TCIM boosts institutional ownership, but offers limited insight into valuation or strategy.

TCIM’s crossing of the 5 % threshold introduces a sizable, long-term oriented holder. While this can marginally improve liquidity and perceived stability, the absence of pricing data prevents assessment of whether the manager views shares as undervalued. Because voting power covers only 8.8 M of 11.5 M owned shares, some positions may be held in commingled funds with restricted voting mandates, muting governance influence. Overall market impact should be modest and dependent on broader sentiment rather than this filing alone.

Corporate Governance Expert

TL;DR: Filing confirms TCIM is a passive investor, reducing near-term control risk for RKT.

The certification under Rule 13d-1(b) and explicit statement of no intent to influence control suggest TCIM will not initiate governance changes. A larger passive holder can, however, support management in contested votes if aligned. The discrepancy between beneficial and voting shares warrants monitoring but is common for advisers managing multiple portfolios. From a governance standpoint, the development is neutral to slightly positive: it diversifies the shareholder base without introducing activist pressure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Rocket Companies, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

77311W101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 77311W101

1

Names of Reporting Persons

TIAA-CREF Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,820,802.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 8,820,802.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,820,802.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.83 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Rocket Companies, Inc.
(b)	Address of issuer's principal executive offices: 1050 Woodward Avenue, Detroit, MI 48226-1906
Item 2.
(a)	Name of person filing: TIAA-CREF Investment Management, LLC ("TCIM")
(b)	Address or principal business office or, if none, residence: 730 Third Avenue New York, NY 10017-3206
(c)	Citizenship: DE
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 77311W101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 11,496,710
(b)	Percent of class: 7.60 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 8,820,802
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 8,820,802
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. See Exhibit A attached.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TIAA-CREF Investment Management, LLC

Signature:	/s/ Stuart R. Brunet
Name/Title:	Stuart Brunet, Managing Director, Chief Compliance Officer
Date:	07/21/2025

FAQ

How many Rocket Companies (RKT) shares does TCIM own?

TCIM reports 11,496,710 Class A shares.

What percentage of RKT’s outstanding shares is held by TCIM?

The stake represents 7.60 % of the common stock.

Does TCIM have voting power over all its RKT shares?

No. TCIM has sole voting power over 8,820,802 shares; the remainder lacks voting authority.

Is TCIM’s position in RKT passive or activist?

The Schedule 13G/A is filed under Rule 13d-1(b), indicating a passive, ordinary-course investment.

When was the ownership threshold triggering this filing reached?

The event date is listed as 30 June 2025.

What rule permits TCIM to file a Schedule 13G instead of a 13D?

TCIM qualifies as an investment adviser under Rule 13d-1(b)(1)(ii)(E).