T. Rowe Price reports 39.7M Block Inc (XYZ) shares, a 7.4% position
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc. reports a significant holding in Block Inc common stock. It beneficially owned 39,734,450 shares, representing 7.4% of the class. The firm had sole voting power over 38,251,704 shares and sole dispositive power over 39,734,450 shares, with no shared voting or dispositive power. T. Rowe Price Associates states that this filing should not be construed as an admission that it is the beneficial owner of these securities, and such beneficial ownership is expressly denied.
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Key Figures
Beneficially owned shares: 39,734,450 shares
Percent of class: 7.4%
Sole voting power: 38,251,704 shares
+2 more
5 metrics
Beneficially owned shares
39,734,450 shares
Block Inc common stock reported as beneficially owned by T. Rowe Price Associates
Percent of class
7.4%
Percentage of Block Inc common stock class held by T. Rowe Price Associates
Sole voting power
38,251,704 shares
Shares of Block Inc over which T. Rowe Price Associates has sole voting power
Sole dispositive power
39,734,450 shares
Shares of Block Inc over which T. Rowe Price Associates has sole dispositive power
CUSIP
852234103
CUSIP number for Block Inc common stock reported in the ownership statement
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 39734450"
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
"Sole power to vote or to direct the vote: 38251704"
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
"Sole power to dispose or to direct the disposition of: 39734450"
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.
percent of class financial
"Percent of class: 7.4 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
beneficial owner financial
"shall not be construed as an admission that Price Associates is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
What percentage of Block Inc does T. Rowe Price hold according to this Schedule 13G/A for XYZ?
T. Rowe Price Associates reports holding 7.4% of Block Inc’s common stock. This corresponds to 39,734,450 shares of the company, making it a sizeable institutional shareholder under SEC beneficial ownership reporting rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.