BlackRock, Inc. (NYSE: BLK) discloses 5.2% beneficial stake in Teck Resources (TECK)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of Class B stock of Teck Resources Limited on a Schedule 13G. BlackRock and certain of its reporting business units collectively beneficially own 25,187,798 Class B shares, representing 5.2% of the outstanding class as of June 30, 2026.
BlackRock has sole voting power over 23,813,306 shares and sole dispositive power over 25,187,798 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends or sale proceeds, but no single person holds more than five percent of Teck’s outstanding common shares.
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Key Figures
Beneficial ownership: 25,187,798 shares
Percent of class: 5.2%
Sole voting power: 23,813,306 shares
+3 more
6 metrics
Beneficial ownership
25,187,798 shares
Class B stock beneficially owned by BlackRock, Inc. reporting business units
Percent of class
5.2%
Portion of Teck Resources Class B stock beneficially owned
Sole voting power
23,813,306 shares
Shares over which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which BlackRock has shared power to vote
Sole dispositive power
25,187,798 shares
Shares over which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which BlackRock has shared power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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 Voting Power financial
"5 | Sole Voting Power 23,813,306.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 25,187,798.00 8 | Shared Dispositive Power 0.00"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of TECK Class B stock does BlackRock, Inc. report owning on this Schedule 13G?
BlackRock reports beneficial ownership of 5.2% of Teck Resources Limited Class B stock. This corresponds to 25,187,798 shares beneficially owned by certain BlackRock reporting business units as of June 30, 2026.
Which BlackRock, Inc. units are included in this TECK Schedule 13G filing?
The ownership reflects securities beneficially owned by certain business units of BlackRock, Inc., called the “Reporting Business Units.” It excludes units whose holdings are disaggregated under SEC Release No. 34-39538.
Who signed the Schedule 13G reporting BlackRock, Inc.’s holdings in TECK?
The Schedule 13G is signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc., dated July 30, 2026, pursuant to a Power of Attorney included as Exhibit 24.