0001193125-20-027485.txt : 20200207 0001193125-20-027485.hdr.sgml : 20200207 20200207084655 ACCESSION NUMBER: 0001193125-20-027485 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200207 DATE AS OF CHANGE: 20200207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82091 FILM NUMBER: 20584903 BUSINESS ADDRESS: STREET 1: 55 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10055 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 55 EAST 52ND STREET CITY: NEW YORK STATE: NY ZIP: 10055 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PNC FINANCIAL SERVICES GROUP, INC. CENTRAL INDEX KEY: 0000713676 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 251435979 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 BUSINESS PHONE: 888-762-2265 MAIL ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 FORMER COMPANY: FORMER CONFORMED NAME: PNC FINANCIAL SERVICES GROUP INC DATE OF NAME CHANGE: 20000327 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP DATE OF NAME CHANGE: 19930505 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP /PA/ DATE OF NAME CHANGE: 19930428 SC 13G/A 1 d878533dsc13ga.htm SC 13G/A SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G/A

(RULE 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b),

(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934 (“ACT”)

(AMENDMENT NO. 23)

 

 

BlackRock, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

09247X101

(CUSIP Number)

December 31, 2019

(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)

 

 

 

CUSIP No. 09247X101   Page 1 of 8 Pages

 

  1)   

Names of Reporting Persons

 

IRS Identification No. Of Above Persons

 

        The PNC Financial Services Group, Inc.    25-1435979

  2)  

Check the Appropriate Box if a Member of a Group (See Instructions)

a)  ☐        b)  ☐

 

  3)  

SEC USE ONLY

 

  4)  

Citizenship or Place of Organization

 

Pennsylvania

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

34,014,707

   6)   

Shared Voting Power

 

256

   7)   

Sole Dispositive Power

 

34,010,373

   8)   

Shared Dispositive Power

 

2,845

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

34,042,326

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

See Instructions

 

[    ]

11)  

Percent of Class Represented by Amount in Row (9)

 

21.94

12)  

Type of Reporting Person (See Instructions)

 

HC

CUSIP No. 09247X101   Page 2 of 8 Pages

 

  1)   

Names of Reporting Persons

 

IRS Identification No. Of Above Persons

 

        PNC Bancorp, Inc.    51-0326854

  2)  

Check the Appropriate Box if a Member of a Group (See Instructions)

a)  ☐        b)  ☐

 

  3)  

SEC USE ONLY

 

  4)  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

34,014,707

   6)   

Shared Voting Power

 

256

   7)   

Sole Dispositive Power

 

34,010,373

   8)   

Shared Dispositive Power

 

2,845

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

34,042,326

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

See Instructions

 

[    ]

11)  

Percent of Class Represented by Amount in Row (9)

 

21.59

12)  

Type of Reporting Person (See Instructions)

 

HC

CUSIP No. 09247X101   Page 3 of 8 Pages

 

  1)   

Names of Reporting Persons

 

IRS Identification No. Of Above Persons

 

        PNC Bank, National Association    22-1146430

  2)  

Check the Appropriate Box if a Member of a Group (See Instructions)

a)  ☐        b)  ☐

 

  3)  

SEC USE ONLY

 

  4)  

Citizenship or Place of Organization

 

United States

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

58,465

   6)   

Shared Voting Power

 

256

   7)   

Sole Dispositive Power

 

54,131

   8)   

Shared Dispositive Power

 

2,845

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

85,807

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

See Instructions

 

[    ]

11)  

Percent of Class Represented by Amount in Row (9)

 

0.06

12)  

Type of Reporting Person (See Instructions)

 

BK

CUSIP No. 09247X101   Page 4 of 8 Pages

 

  1)   

Names of Reporting Persons

 

IRS Identification No. Of Above Persons

 

        PNC Delaware Trust Company    81-0581990

  2)  

Check the Appropriate Box if a Member of a Group (See Instructions)

a)  ☐        b)  ☐

 

  3)  

SEC USE ONLY

 

  4)  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

8

   6)   

Shared Voting Power

 

-0-

   7)   

Sole Dispositive Power

 

-0-

   8)   

Shared Dispositive Power

 

-0-

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

8

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

See Instructions

 

[    ]

11)  

Percent of Class Represented by Amount in Row (9)

 

Less than 0.01

12)  

Type of Reporting Person (See Instructions)

 

BK

CUSIP No. 09247X101   Page 5 of 8 Pages

 

  1)   

Names of Reporting Persons

 

IRS Identification No. Of Above Persons

 

        PNC Investments LLC    42-1604685

  2)  

Check the Appropriate Box if a Member of a Group (See Instructions)

a)  ☐        b)  ☐

 

  3)  

SEC USE ONLY

 

  4)  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

-0-

   6)   

Shared Voting Power

 

256

   7)   

Sole Dispositive Power

 

256

   8)   

Shared Dispositive Power

 

21

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

277

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

See Instructions

 

[    ]

11)  

Percent of Class Represented by Amount in Row (9)

 

Less than 0.01

12)  

Type of Reporting Person (See Instructions)

 

BD

  Page 6 of 8 Pages

 

ITEM 1(a)  –

NAME OF ISSUER:

BlackRock, Inc.

 

ITEM 1(b)  –

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

55 East 52nd Street

New York, New York 10055

 

ITEM 2(a)  –

NAME OF PERSON FILING:

The PNC Financial Services Group, Inc.; PNC Bancorp, Inc.; PNC Bank, National Association; PNC Delaware Trust Company; and PNC Investments LLC

 

ITEM 2(b)  –

ADDRESS OF PRINCIPAL BUSINESS OFFICE:

The PNC Financial Services Group, Inc. – 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Bancorp, Inc. – 222 Delaware Avenue, Wilmington, DE 19801

PNC Bank, National Association – 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Delaware Trust Company – 222 Delaware Avenue, Wilmington, DE 19801

PNC Investments LLC – 300 Fifth Avenue, Pittsburgh, PA 15222-2401

 

ITEM 2(c)  –

CITIZENSHIP:

The PNC Financial Services Group, Inc. – Pennsylvania

PNC Bancorp, Inc. – Delaware

PNC Bank, National Association – United States

PNC Delaware Trust Company – Delaware

PNC Investments LLC – Delaware

 

ITEM 2(d)  –

TITLE OF CLASS OF SECURITIES:

Common Stock

 

ITEM 2(e)  –

CUSIP NUMBER:

09247X101

 

ITEM 3  –

IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:

 

(a)

☒  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

☒  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

☐  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

☐  Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

☐  An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

☐  An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

☒  A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

☐  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

☐  A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);

(j)

☐  A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

(k)

☐  Group, in accordance with § 240.13d-1(b)(1)(ii)(K).

  Page 7 of 8 Pages

 

ITEM 4  –

OWNERSHIP:

The following information is as of December 31, 2019:

 

(a) Amount Beneficially Owned:      34,042,326 shares     
(b) Percent of Class:      21.94                     

(c) Number of shares to which such person has:

(i)    sole power to vote or to direct the vote      34,014,707     
(ii)    shared power to vote or to direct the vote      256     
(iii)    sole power to dispose or to direct the disposition of      34,010,373     
(iv)    shared power to dispose or to direct the disposition of      2,845     

Of the total shares of common stock reported herein, 85,799 shares are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.

Of the total shares of common stock reported herein, 8 shares are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients.

Of the total shares of common stock reported herein, 277 shares are held in accounts at PNC Investments LLC in a fiduciary capacity for clients.

The inclusion of the reporting persons and such securities in this report shall not be deemed an

admission of beneficial ownership by the reporting persons for the purposes of Section 13(d) or 13(g) of the Act, or for any other purposes.

 

ITEM 5  –

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

Not Applicable.

 

ITEM 6  –

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

PNC Bancorp, Inc. has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock. PNC Bancorp, Inc. holds 33,956,242 shares of common stock of the issuer, which is 21.53% of the class.

 

ITEM 7  –

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

Included are the following subsidiaries of The PNC Financial Services Group, Inc. – HC:

PNC Bancorp, Inc. – HC (wholly owned subsidiary of The PNC Financial Services Group, Inc.)

PNC Bank, National Association – BK (wholly owned subsidiary of PNC Bancorp, Inc.)

PNC Delaware Trust Company – BK (wholly owned subsidiary of PNC Bank, National Association)

PNC Investments LLC – BD (wholly owned subsidiary of PNC Bank, National Association)

 

ITEM 8  –

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

Not Applicable.

  Page 8 of 8 Pages

 

ITEM 9  –

NOTICE OF DISSOLUTION OF GROUP:

Not Applicable.

 

ITEM 10  –

CERTIFICATION:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

February 7, 2020     February 7, 2020
Date     Date
By:   /s/ Gregory H. Kozich     By:   /s/ Gregory H. Kozich
Signature – The PNC Financial Services Group, Inc.     Signature – PNC Bank, National Association
Gregory H. Kozich, Senior Vice President & Controller     Gregory H. Kozich, Executive Vice President & Controller
Name & Title     Name & Title

 

February 7, 2020     February 7, 2020
Date     Date
By:   /s/ Janet Jolles     By:   /s/ Janet Jolles
Signature – PNC Bancorp, Inc.     Signature – PNC Delaware Trust Company
Janet Jolles, Chairman & President     Janet Jolles, Fiduciary Director
Name & Title     Name & Title

 

February 1, 2019    
Date    
By:   /s/ Richard R. Guerrini      
Signature – PNC Investments LLC    
Richard R. Guerrini, President & CEO    
Name & Title    

AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED