STOCK TITAN

BlackRock Reports 5.1% Stake in SoFi Technologies (NASDAQ: SOFI)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

BlackRock, Inc. reported beneficial ownership of 64,797,945 shares of SoFi Technologies, Inc. common stock, representing 5.1% of the class as disclosed on the Schedule 13G. The filing shows sole voting power for 59,499,689 shares and sole dispositive power for 64,797,945 shares.

The Schedule 13G lists BlackRock's address and CUSIP 83406F102, and is signed by Spencer Fleming on 04/27/2026. The filing notes various persons may have rights to dividends or proceeds; no other person holds more than 5% individually.

Positive

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Negative

  • None.

Insights

BlackRock holds a reported 5.1% stake in SoFi with full dispositive authority over 64,797,945 shares.

BlackRock's Schedule 13G shows sole dispositive power for 64,797,945 shares and sole voting power for 59,499,689 shares as of the filing. Schedule 13G reporting typically indicates a passive institutional stake rather than an activist intent.

Key dependencies include whether holdings remain passive; subsequent filings (Schedule 13D/13G amendments or Form 13F) would clarify any change in intent or voting plans. Future SEC filings will provide updates to position or beneficial ownership structure.

Beneficial ownership 64,797,945 shares Amount beneficially owned (Item 4(a))
Percent of class 5.1% Percent of class (Item 4(b))
Sole voting power 59,499,689 shares Sole power to vote (Item 4(c)(i))
Sole dispositive power 64,797,945 shares Sole power to dispose (Item 4(c)(iii))
CUSIP 83406F102 Security identifier listed on cover
Schedule 13G regulatory
"Schedule 13G reporting of beneficial ownership (cover/Item 1)"
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.
Beneficially owned financial
"Amount beneficially owned: 64797945 (Item 4(a))"
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 dispositive power legal
"Sole power to dispose or to direct the disposition of: 64797945"
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.





83406F102

(CUSIP Number)
03/31/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/27/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What stake does BlackRock hold in SOFI?

BlackRock reported beneficial ownership of 64,797,945 shares, equal to 5.1% of SoFi's common stock. The holding is disclosed on a Schedule 13G signed on 04/27/2026.

How much voting control does BlackRock report for SOFI?

The filing shows sole voting power over 59,499,689 shares. It also reports sole dispositive power over 64,797,945 shares, indicating control over disposition decisions for those shares.

Is BlackRock acting on behalf of other clients in this filing?

The Schedule 13G states the position reflects securities held by certain Reporting Business Units of BlackRock, and notes various persons may have rights to dividends or proceeds. No single other person is identified as holding >5%.

What CUSIP and issuer details are on the filing?

The filing lists SoFi Technologies, Inc. common stock with CUSIP 83406F102 and the issuer address as 234 1st Street, San Francisco, CA 94105 in Item 2(b).

When was the Schedule 13G signed and by whom?

The Schedule 13G is signed by Spencer Fleming, Managing Director with a signature date of 04/27/2026, while the cover lists the position date of 03/31/2026.