BlackRock (WKC) 13G/A shows 15.9% stake in World Kinect Corp
Rhea-AI Filing Summary
BlackRock, Inc. files Amendment No. 17 to a Schedule 13G/A reporting beneficial ownership of 8,169,358 shares of World Kinect Corp common stock, representing 15.9% of the class. The filing attributes voting and dispositive authority to the Reporting Business Units, showing sole voting power for 8,073,150 shares and sole dispositive power for 8,169,358 shares. The filing also identifies iShares Core S&P Small-Cap ETF as a holder with an interest exceeding 5%.
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Insights
BlackRock's 15.9% stake signals a meaningful institutional position in World Kinect Corp.
BlackRock reports beneficial ownership of 8,169,358 shares with sole voting power over 8,073,150 shares. The Schedule 13G/A update consolidates holdings attributable to Reporting Business Units under BlackRock, Inc.
Concentration at an institutional manager can affect liquidity and block-trade execution dynamics; subsequent filings could show shifts if reallocated among funds. Timing and cash‑flow treatment are not stated in the excerpt.