[SCHEDULE 13G/A] Rocket Companies, Inc. SEC Filing
Rhea-AI Filing Summary
College Retirement Equities Fund-Growth Account (CREF CGA) filed an amendment on Schedule 13G reporting substantial holdings in Rocket Companies, Inc. (RKT). The filing discloses that CREF CGA beneficially owns 25,900,279 shares, representing 10.13% of the class, and that it has shared voting and dispositive power over 17,467,378 shares. An earlier table in the filing also lists an aggregate beneficial ownership of 17,467,378 shares, representing 6.83% of the class, and shows shared voting/dispositive power of the same amount. The filing states these shares were acquired in the ordinary course of business and not to change or influence control of the issuer, and identifies related investment advisers that may be deemed beneficial owners of portions of the holdings.
Positive
- Disclosure of a >5% stake in Rocket Companies with a clear beneficial ownership figure of 25,900,279 shares (10.13%)
- Statement that shares were acquired in the ordinary course and are not held to influence control, consistent with passive investor status
- Identification of related investment advisers (NAM, TCIM, TAL), providing transparency on potential attribution of holdings
Negative
- None.
Insights
TL;DR: CREF CGA reports a double-listed ownership disclosure: 25.9M shares (10.13%) with shared voting power over 17.47M shares; holdings claimed to be passive.
The filing shows CREF CGA as a significant passive investor in Rocket Companies, disclosing both a 10.13% beneficial ownership figure and a separate 17,467,378-share figure tied to shared voting/dispositive power (also reported as 6.83% in an earlier table). The statement that shares were acquired in the ordinary course and not to influence control is standard for Schedule 13G filings and signals a non-activist posture. The presence of related advisers (NAM, TCIM, TAL) noted in Item 6 highlights layered advisory relationships that may affect beneficial-owner attributions but no change-in-control intent is asserted.
TL;DR: The filer presents material ownership above 5% while attesting passive intent; advisory affiliations are disclosed but no group or control claim is made.
CREF CGA’s reported >5% position triggers investor attention for governance and proxy considerations. The filing explicitly denies any purpose to change or influence control and classifies the interest under Schedule 13G norms. Disclosed shared voting/dispositive powers indicate decision-making is not sole, and the identification of affiliated advisers clarifies potential attribution. No governance actions or solicitations are reported.