BlackRock (NYSE: SUI) holds 11.38M shares, 9.2% reported in 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 11,383,185 shares of Sun Communities, Inc. common stock, representing 9.2% of the class. The filing states BlackRock has sole voting power for 10,543,040 shares and sole dispositive power for 11,383,185 shares. The schedule is filed as Amendment No. 16 and is signed by a BlackRock managing director.
Positive
- None.
Negative
- None.
Insights
BlackRock holds a single-digit, large passive stake reported via Schedule 13G/A.
BlackRock reports 11,383,185 shares or 9.2% of Sun Communities common stock, with sole voting and dispositive power quantities listed on the cover. Schedule 13G/A filings typically indicate passive or qualifying investment intent rather than an active control attempt.
Key dependencies: classification rules under Schedule 13G versus 13D, and any future amendments that would change percentage or voting/dispositive powers. Subsequent filings would show material changes in position or intent.