US Activist Hedge Fund Institutional SEC 13D 13G — July 28, 2026

Activist & Institutional Activity

By Gunpowder Editorial ·

8 high priority 42 medium priority 50 total filings analysed

Executive Summary

This digest of 50 SEC filings reveals a landscape dominated by passive institutional investors, with BlackRock and Franklin Resources making up the bulk of the activity. The most critical development is an activist campaign by Bulldog Investors against Dynamix Corp, demanding equitable distribution of a $50M breakup fee, coupled with a high-stakes business combination deadline.

A significant strategic investment by About Investment in PicoCELA Inc. grants it 67.5% voting power and governance control, while the complete exit of a government-backed entity from Planet Image International signals a potential shift in investor confidence. The Research Alliance Corp III deal to acquire OHB Pediatrics for $160M, backed by $45M in interim financing, represents a major SPAC catalyst. Insider selling at IPG Photonics by the founding trust under a 10b5-1 plan, alongside a substantial increase in ownership at LGL Group via a rights offering, provides contrasting signals on management conviction. The overall sentiment is neutral, with pockets of high-conviction activism and strategic moves.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Filing types in this digest: Schedule 13G · Schedule 13D

Tracking the trend? Catch up on the prior US Activist Hedge Fund Institutional SEC 13D 13G digest from July 27, 2026.

Investment Signals (10)

  • Bulldog Investors (3.03% stake) is publicly pressuring the board to equitably distribute a $50M breakup fee, threatening litigation if directors pursue a self-serving option. This activist campaign, combined with a November 22, 2026 deadline to complete a business combination or liquidate, creates a high-stakes catalyst for value realization.

  • About Investment acquired a 67.5% voting stake for $5M ($0.25/share) with significant governance rights, including board designation and veto power over asset sales >$250K. The conversion ratio doubles if the stock price stays below $0.50, creating a powerful incentive for management to drive the share price higher.

  • The SPAC has a definitive agreement to acquire OHB Pediatrics for $160M, with a $45M interim financing commitment and a $75M backstop for redemptions. The deal is expected to close in H2 2026, providing a clear catalyst for the stock.

  • Marc Gabelli and related entities increased their stake to 34.84% by purchasing ~3.3M shares at $6.90/share in a rights offering, deploying ~$22.99M. This significant insider vote of confidence signals strong conviction in the company's value.

  • The Valentin Gapontsev Trust I sold shares in 60+ transactions between Jan and Jul 2026 under a 10b5-1 plan, with prices ranging from $76.20 to $149.88. While systematic, the consistent selling by the founding trust over a wide price range is a notable supply overhang.

  • A government-backed entity (Juneng Investment) completely exited its 38.19% stake by May 18, 2026. This full divestiture by a major, long-term shareholder is a strong negative signal about the company's prospects.

  • BlackRock increased its stake from ~9.9% to 10.2%, adding 1.79M shares. This incremental accumulation by the world's largest asset manager signals continued confidence in the precious metals miner.

  • BlackRock increased its stake by 80,140 shares to 11.3%, a modest but positive signal from a major institutional holder.

  • BlackRock increased its holdings by 618,002 shares (6.2%) to 6.7% of the company. This accumulation by a passive giant suggests a favorable view on the company's risk/reward profile.

  • Three separate insider groups (Schneider, Mangold, Schmalz) purchased shares at $10/share in a subscription offering, increasing their combined stakes to 9.58%, 9.67%, and 9.9% respectively. This coordinated insider buying from company officers (VP, President/CEO) is a powerful signal of confidence in the bank's value.

Risk Flags (8)

  • Bulldog Investors has publicly called out a conflict of interest, alleging directors who hold Class B shares (purchased at $0.004) are trying to retain a $50M breakup fee at the expense of public Class A shareholders. The fund has threatened litigation, creating significant legal and reputational risk.

  • The Financial and Monetary Bureau of Xinyu Hi-Tech Industry Development Zone, a government entity, sold its entire 38.19% stake. This complete and sudden exit by a controlling shareholder is a major red flag for the company's future.

  • The founding trust sold shares in over 60 transactions from Jan to Jul 2026, with prices ranging from $76.20 to $149.88. While under a 10b5-1 plan, the sheer volume and frequency of sales create a persistent overhang and signal a lack of buying conviction from the founding family.

  • The 20M preferred shares are convertible into common shares. If the stock price falls below $0.50 for 20 consecutive days, the conversion ratio doubles to 2:1, potentially doubling the dilutive impact on existing common shareholders.

  • The company must complete a business combination by November 22, 2026, or it will redeem Class A shares and liquidate. The failure of the Ether Machine deal and the ongoing dispute over the breakup fee create significant uncertainty about the company's future.

  • Franklin Resources holds only a 0.9% stake, the lowest among its reported positions. This minimal allocation suggests a lack of conviction in the energy services company's near-term prospects.

  • Franklin Resources holds only a 2.9% stake, another relatively small position for the asset manager, indicating limited enthusiasm.

  • BlackRock holds only a 1.5% stake, a very small position for the asset manager, suggesting limited interest in the healthcare data analytics company.

Opportunities (8)

  • With a $50M breakup fee in dispute and a November 2026 business combination deadline, Bulldog Investors' activist campaign could force a favorable outcome for shareholders. The stock is trading near cash value, and a successful resolution could unlock significant value.

  • The definitive agreement to acquire OHB Pediatrics for $160M, with a $45M interim financing commitment and a $75M backstop, provides a clear path to closing. The H2 2026 timeline offers a defined catalyst for a merger arbitrage play.

  • About Investment's $5M investment at $0.25/share with a 67.5% voting stake creates a strong alignment of interests. The anti-dilution provision (doubling conversion ratio if stock <$0.50) provides a powerful incentive for management to drive the stock price above $0.50.

  • The purchase of ~3.3M shares at $6.90/share by Marc Gabelli and affiliates, increasing their stake to 34.84%, is a massive vote of confidence. The rights offering structure suggests the stock was undervalued at that price.

  • Three separate insider groups (including the President/CEO and VP of Lending) purchased shares at $10/share in a subscription offering. This coordinated buying by company officers is a classic signal of undervaluation.

  • BlackRock's increase to a 10.2% stake, adding 1.79M shares, signals institutional confidence in the precious metals sector. This could be a leading indicator for gold/silver price expectations.

  • BlackRock's increase to an 11.3% stake, despite a modest share addition, reinforces its position as a top holder. The company's focus on rare diseases could be a catalyst for future growth.

  • BlackRock holds a 12.4% stake, the highest among its reported positions in this digest. This significant passive ownership provides a stable shareholder base and signals confidence in the semiconductor testing company.

Sector Themes (5)

  • Passive Giant Dominance

    BlackRock (13 filings) and Franklin Resources (10 filings) account for nearly half of all filings. Their activity is overwhelmingly passive (13G), with no activist intent. This highlights the immense influence of passive asset managers on shareholder bases, providing stability but also reducing the likelihood of activist-driven change.

  • Activist vs. Passive Divide

    The digest shows a clear split between passive institutional filings (13G) and activist/strategic filings (13D). The 13D filings (Dynamix, PicoCELA, LGL Group, IPG Photonics, EWSB Bancorp, Research Alliance) contain the most actionable intelligence, while the 13G filings are largely routine updates. This underscores the importance of focusing on 13D filings for alpha generation.

  • Insider Buying at Small-Cap Banks

    The EWSB Bancorp filings show a cluster of insider buying at a small community bank. This pattern, where officers and directors purchase shares in a rights offering, is a classic signal of undervaluation in the banking sector, often preceding a recovery or M&A activity.

  • SPAC Activity Remains a Catalyst

    The Research Alliance Corp III and Dynamix Corp filings demonstrate that SPACs continue to offer high-risk, high-reward opportunities. The former has a clear path to a value-creating merger, while the latter is a distressed situation with an activist catalyst. Both require active monitoring.

  • Government/Strategic Exit as a Red Flag

    The complete exit of a government-backed entity from Planet Image International is a stark warning. When a long-term, strategic shareholder with deep pockets and local knowledge exits entirely, it often signals fundamental problems that are not yet public.

Watch List (8)

  • Watch for the outcome of the dispute over the $50M breakup fee and any developments regarding a new business combination before the November 22, 2026 liquidation deadline. Bulldog Investors' next move (lawsuit, proxy fight) is a key catalyst.

  • Monitor for shareholder vote on the OHB Pediatrics acquisition and any updates on the closing timeline (expected H2 2026). The $75M backstop for redemptions is a key detail to watch.

  • Watch the stock price relative to the $0.50 threshold. If it stays below $0.50 for 20 consecutive days, the conversion ratio doubles, significantly increasing dilution. Monitor for any announcements about the company's business plan.

  • Continue to monitor the Trust's 10b5-1 selling plan for any changes in pace or volume. Also watch for any insider buying from other executives, which would counterbalance the selling signal.

  • Monitor for any other major shareholder sales or negative corporate developments following the complete exit of the government-backed entity. This could be a leading indicator of further deterioration.

  • Watch for any additional insider buying or the announcement of a stock buyback. The cluster of insider buying at $10/share sets a strong floor for the stock. The next earnings report will be key to see if fundamentals support the insider conviction.

  • Monitor for any further purchases by Marc Gabelli or related entities. With a 34.84% stake, any move towards a tender offer or going-private transaction would be a major catalyst.

  • Watch for any further increases in BlackRock's stake and the trajectory of gold/silver prices. BlackRock's accumulation could be a leading indicator for the precious metals sector.

Filing Analyses (50)
Ellomay Capital Ltd. SC 13G/A neutral materiality 3/10

28-07-2026

Menora Mivtachim Holdings Ltd. and its subsidiaries filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 961,373 ordinary shares of Ellomay Capital Ltd., representing 6.97% of the 13,783,230 shares outstanding as of July 26, 2026. The filing is an amendment to a prior 13G and reflects a slight decrease in ownership from the previous filing, as the group's stake remains below the 10% threshold.

  • · The filing is an amendment to a Schedule 13G originally filed on August 4, 2025, with a joint filing agreement dated July 28, 2025.
  • · The securities are held for the benefit of insurance policy holders, portfolio account owners, and members of provident or pension funds.
  • · Menora Mivtachim Holdings Ltd. disclaims beneficial ownership except for its pecuniary interest.
  • · The filing is made under Rule 13d-1(c), indicating the filer is a passive investor not seeking to change or influence control.
TAT TECHNOLOGIES LTD SC 13G/A neutral materiality 3/10

28-07-2026

Y.D. More Investments Ltd. and related entities filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 703,048 ordinary shares of TAT Technologies Ltd., representing 5.42% of the 12,983,137 shares outstanding as of June 30, 2026. The filing is an amendment to a prior 13G and reflects no change in the reporting persons' holdings or percentage ownership from the previous filing, indicating a stable, passive investment position.

  • · The filing is an amendment (Schedule 13G/A) to a prior 13G filed on September 12, 2024.
  • · The securities are held for the benefit of provident/pension fund beneficiaries, mutual fund investors, and portfolio management clients, not for the purpose of changing or influencing control of the issuer.
  • · More Investment House Portfolio Management Ltd. reported 0 shares and 0% ownership.
  • · Y.D. More Investments Ltd. is controlled through a voting agreement among Yosef Meirov (directly and through B.Y.M.), Benjamin Meirov, Yosef Levy, and Eli Levy (through Elldot Ltd.).
  • · More Provident Funds and Pension Ltd. is a majority-owned subsidiary of Y.D. More (65.75% ownership).
Odysight.ai Inc. SC 13G/A neutral materiality 3/10

28-07-2026

Y.D. More Investments Ltd. and related entities filed an amended Schedule 13G with the SEC on July 28, 2026, disclosing aggregate beneficial ownership of 636,066 shares of Odysight.ai Inc. common stock as of June 30, 2026, representing 3.79% of the outstanding shares. The filing is a routine update of beneficial ownership and does not indicate any change in control intent.

  • · The filing is an amendment (13G/A) to a prior Schedule 13G, indicating an update to beneficial ownership information.
  • · The reporting persons certify that the securities were not acquired with the purpose of changing or influencing control of the issuer.
  • · More Provident Funds & Pension Ltd. is a majority-owned subsidiary of Y.D. More Investments Ltd. (65.75% ownership).
  • · More Mutual and More Investment are wholly-owned subsidiaries of Y.D. More.
  • · Y.D. More is controlled through a voting agreement among Yosef Meirov (directly and through B.Y.M.), Benjamin Meirov, Yosef Levy, and Eli Levy (through Elldot Ltd.).
Life360, Inc. SC 13G neutral materiality 5/10

28-07-2026

Paradice Investment Management Pty Ltd filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 4,320,665 shares of Life360, Inc. common stock, representing a 5.33% stake. The filing indicates Paradice holds the shares in the ordinary course of business and not with the intent to change or influence control of the company.

  • · Paradice Investment Management Pty Ltd is based in Sydney, Australia.
  • · The filing was made under Rule 13d-1(b), indicating the shares were acquired in the ordinary course of business.
  • · Paradice has sole voting power over 178,085 shares and sole dispositive power over all 4,320,665 shares.
  • · The filing certifies that the securities were not acquired to change or influence control of Life360.
BlackRock Resources & Commodities Strategy Trust SC 13G/A neutral materiality 3/10

28-07-2026

Wells Fargo & Company filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 3,913,997 common shares of BlackRock Resources & Commodities Strategy Trust (BCX), representing a 5.1% stake. The filing is an amendment to a prior Schedule 13G and indicates the shares were acquired and are held in the ordinary course of business, not for changing or influencing control of the issuer.

  • · The filing is an amendment (Schedule 13G/A) filed under Rule 13d-1(b).
  • · Wells Fargo's address is 333 Market Street, San Francisco, CA 94105.
  • · The issuer's address is 100 Bellevue Parkway, Wilmington, DE 19809.
  • · Wells Fargo has sole voting power and sole dispositive power over all 3,913,997 shares.
  • · The filing certifies that the securities were not acquired to change or influence control of the issuer.
BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND SC 13G/A neutral materiality 5/10

28-07-2026

Wells Fargo & Company filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 870,926 common shares of BlackRock MuniYield Pennsylvania Quality Fund (MPA), representing a 6.7% stake. The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. This is an amendment to a prior filing, but no prior-period comparison data is provided in this filing.

  • · The filing is made under Rule 13d-1(b), indicating the shares are held in the ordinary course of business and not with an intent to influence control.
  • · Wells Fargo's subsidiaries include Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, both registered broker-dealers.
  • · The filing date is July 28, 2026, with the date of event as June 30, 2026.
  • · The issuer's former names include BlackRock MuniYield Pennsylvania Insured Fund, BlackRock MuniYield Insured Pennsylvania Fund, and BlackRock MuniYield Pennsylvania Fund.
Ares Dynamic Credit Allocation Fund, Inc. SC 13G/A neutral materiality 5/10

28-07-2026

Wells Fargo & Company filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 1,913,094 common shares of Ares Dynamic Credit Allocation Fund, Inc. (ARDC), representing an 8.3% stake. The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

  • · The filing is an amendment (Schedule 13G/A) to a previous Schedule 13G.
  • · Wells Fargo is filing on behalf of itself and its subsidiaries: Wells Fargo Bank, National Association; Wells Fargo Advisors Financial Network, LLC; and Wells Fargo Clearing Services, LLC.
  • · The filing is made under Rule 13d-1(b), indicating the shares were acquired in the ordinary course of business and not to influence control.
  • · Wells Fargo reported sole voting power and sole dispositive power over all 1,913,094 shares.
PicoCELA Inc. SC 13D mixed materiality 9/10

28-07-2026

About Investment Pte. Ltd. and its sole director Jiaming Li filed a Schedule 13D disclosing beneficial ownership of 20,000,000 Class A Preferred Shares of PicoCELA Inc., convertible into 20,000,000 common shares (or ADSs) representing approximately 67.5% of the outstanding voting power. The shares were acquired on July 16, 2026, for $5,000,000 ($0.25 per share) in a negotiated strategic investment. The filing also reveals significant governance rights, including board designation, consent over equity issuances, and restrictions on asset dispositions above $250,000, indicating potential control influence.

  • · Preferred Shares are initially convertible 1:1 into common shares; conversion ratio doubles to 2:1 if the common share price (or ADS equivalent) is $0.50 or less for 20 consecutive trading days.
  • · During the Holding Period (when About Investment holds >50% voting rights), the Issuer cannot issue equity securities, sell assets >$250,000, or change board size without About Investment's consent.
  • · The Board must elect a director designated by About Investment as a representative director with sole authority to execute agreements during the Holding Period.
  • · No transactions in ADSs or common shares were effected by the Reporting Persons in the past 60 days except the acquisition described.
  • · The Reporting Persons have no criminal or civil proceedings history as described in Item 2(e).
AMR Resources Acquisition Corp. SC 13G neutral materiality 3/10

28-07-2026

Linden Capital L.P. and related entities disclosed beneficial ownership of 2,125,000 Class A ordinary shares of AMR Resources Acquisition Corp., representing an 8.0% stake as of July 24, 2026. The filing is a Schedule 13G under Rule 13d-1(c), indicating passive investment intent. No prior period comparison is available, so no trend analysis can be provided.

  • · The filing is made pursuant to Rule 13d-1(c), indicating the securities were not acquired with the purpose of changing or influencing control of the issuer.
  • · Linden GP LLC is the general partner of Linden Capital L.P.; Linden Advisors LP is the investment manager; Siu Min Wong is the principal owner and controlling person of both Linden Advisors and Linden GP.
  • · The principal business address for Linden Capital is Victoria Place, 31 Victoria Street, Hamilton HM10, Bermuda; for the other reporting persons it is 590 Madison Avenue, 32nd Floor, New York, NY 10022.
  • · Siu Min Wong is a citizen of China (Hong Kong) and the United States.
ASHLAND INC. SC 13G neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. and its affiliates disclosed a 7.9% beneficial ownership stake in ASHLAND INC. as of June 30, 2026, representing 3,616,479 shares of common stock. The filing reflects an internal realignment at Franklin Resources that consolidated reporting from previously disaggregated subsidiaries, including Franklin Mutual Advisers, LLC, which alone holds 3,395,610 shares (7.9%). The filing is a routine Schedule 13G by a passive institutional investor, with no indication of intent to change or influence control.

  • · The filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · Franklin Resources' internal realignment as of March 31, 2026, ended the disaggregated reporting of Franklin Mutual Advisers, LLC and Brandywine Global Investment Management, LLC.
  • · Charles B. Johnson and Rupert H. Johnson, Jr. each own more than 10% of Franklin Resources' common stock but report 0 shares beneficially owned in ASHLAND INC.
  • · Franklin Mutual Advisers, LLC holds sole voting power over 3,395,610 shares and sole dispositive power over 3,611,236 shares.
  • · The filing includes a joint filing agreement among Franklin Resources, Charles B. Johnson, Rupert H. Johnson, Jr., and Franklin Mutual Advisers, LLC.
NRG ENERGY, INC. SC 13G neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 13,049,349 shares of NRG Energy, Inc. common stock, representing 6.2% of the outstanding shares as of June 30, 2026. The filing is a routine disclosure of passive investment by Franklin Resources and its subsidiaries, with no intent to change or influence control of NRG Energy.

  • · The filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · Franklin Resources disclaims beneficial ownership for itself and its principal shareholders, stating no pecuniary interest in the securities.
  • · The filing includes a joint filing agreement and powers of attorney for Charles B. Johnson and Rupert H. Johnson, Jr.
  • · Multiple subsidiaries of Franklin Resources hold varying amounts of NRG shares, with Putnam Investment Management, LLC holding the largest portion at 8,961,142 shares (sole voting power) and 8,972,310 shares (sole dispositive power).
BJ's Wholesale Club Holdings, Inc. SC 13G/A neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. (Franklin Templeton) filed an amended Schedule 13G with the SEC, reporting beneficial ownership of 8,350,367 shares of BJ's Wholesale Club Holdings, Inc. common stock as of June 30, 2026, representing a 6.5% stake. The filing is a routine update by an investment manager and does not indicate any change in control intent. The ownership is held across multiple investment management subsidiaries, with Putnam Investment Management, LLC holding the largest portion at 6,306,543 shares.

  • · The filing is an amendment (13G/A) filed on July 28, 2026, with a date of change of July 28, 2026.
  • · Franklin Resources and its aggregated affiliates disclaim any pecuniary interest in the securities.
  • · The filing certifies that the securities were acquired and are held in the ordinary course of business, not for changing or influencing control.
  • · Charles B. Johnson and Rupert H. Johnson, Jr. each own in excess of 10% of Franklin Resources common stock but report 0 shares beneficially owned in BJ's Wholesale Club.
  • · The filing includes a joint filing agreement and limited powers of attorney for Section 13 and 16 reporting obligations.
Ryerson Holding Corp SC 13G/A neutral materiality 3/10

28-07-2026

Franklin Resources Inc. and its affiliates filed a Schedule 13G/A disclosing beneficial ownership of 3,791,237 shares of Ryerson Holding Corp common stock, representing a 7.3% stake as of June 30, 2026. The filing reflects an internal realignment at Franklin Resources, where previously disaggregated subsidiaries (Franklin Mutual Advisers and Brandywine Global) are now aggregated with the parent for reporting purposes. The filing is a passive investment disclosure and does not indicate any intent to change or influence control of Ryerson.

  • · The filing is an amendment (Schedule 13G/A) to a prior Schedule 13G.
  • · The filing date is July 28, 2026, with the ownership date as of June 30, 2026.
  • · Franklin Resources, Inc. is classified as a parent holding company (HC) under Item 3.
  • · Franklin Mutual Advisers, LLC is classified as an investment adviser (IA) under Item 3.
  • · The filing includes a Limited Power of Attorney dated December 11, 2023, authorizing multiple individuals to file Section 13 and 16 reports on behalf of Charles B. Johnson and Rupert H. Johnson, Jr.
  • · The filing explicitly states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
ACHIEVE LIFE SCIENCES, INC. SC 13G/A neutral materiality 5/10

28-07-2026

Franklin Resources Inc. and its subsidiary Franklin Advisers, Inc. disclosed beneficial ownership of 8,878,942 shares of Achieve Life Sciences, Inc. common stock, representing 8.3% of the class, as of June 30, 2026. This filing is an amendment to Schedule 13G and reflects a passive investment stake held in the ordinary course of business. The reported shares include 3,925,722 shares issuable upon exercise of warrants.

  • · The filing is an amendment (SC 13G/A) filed on July 28, 2026, with a reporting date of June 30, 2026.
  • · Franklin Advisers, Inc. is classified as an Investment Adviser under Item 3(e) of Schedule 13G.
  • · The filing includes a joint filing agreement among Franklin Resources, Inc., Charles B. Johnson, Rupert H. Johnson, Jr., and Franklin Advisers, Inc.
  • · The filers disclaim beneficial ownership and state the securities were acquired in the ordinary course of business, not to change or influence control of the issuer.
  • · The filing references a Limited Power of Attorney for Section 13 reporting obligations for Charles B. Johnson and Rupert H. Johnson, Jr., incorporated by reference from a prior filing.
Andersen Group Inc. SC 13G/A neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. and its affiliates filed a Schedule 13G/A disclosing beneficial ownership of 904,544 shares of Andersen Group Inc. Class A common stock, representing 6.7% of the class, as of June 30, 2026. The filing is an amendment to a previous Schedule 13G and reflects no change in ownership from the prior filing. The shares are held primarily by Franklin Advisers, Inc. on behalf of managed accounts, including Franklin Small Cap Growth Fund which owns 751,480 shares (5.6%).

  • · Filing is an amendment (Schedule 13G/A) with no change in ownership from prior filing.
  • · Franklin Advisers, Inc. holds sole voting power over 879,309 shares and shared voting power over 25,235 shares.
  • · Charles B. Johnson and Rupert H. Johnson, Jr. each report 0 shares beneficially owned.
  • · The filers disclaim beneficial ownership and pecuniary interest in the securities.
BENCHMARK ELECTRONICS INC SC 13G/A neutral materiality 1/10

28-07-2026

Franklin Resources, Inc. (FRI) and its affiliates filed an amended Schedule 13G with the SEC, reporting beneficial ownership of 1,052,975 shares of Benchmark Electronics Inc. common stock as of June 30, 2026, representing 2.9% of the outstanding shares. The filing is a routine disclosure by an investment management firm and its principal shareholders, Charles B. Johnson and Rupert H. Johnson, Jr., who disclaim beneficial ownership. The filing indicates no change in control intent and no material change in the company's operations or financial condition.

  • · The filing is an amendment (Schedule 13G/A) filed on July 28, 2026, with a reporting date of June 30, 2026.
  • · Franklin Resources, Inc. and its aggregated affiliates hold 1,052,975 shares, representing 2.9% of Benchmark Electronics Inc. common stock.
  • · The filing includes a joint filing agreement among Franklin Resources, Inc., Charles B. Johnson, and Rupert H. Johnson, Jr.
  • · The filers disclaim beneficial ownership and state the securities were acquired in the ordinary course of business, not for changing or influencing control.
  • · The filing lists several investment management subsidiaries that hold portions of the shares, including Franklin Mutual Advisers, LLC (967,666 shares) and Franklin Advisers, Inc. (20,499 shares).
OIL STATES INTERNATIONAL, INC SC 13G/A neutral materiality 2/10

28-07-2026

Franklin Resources, Inc. and its affiliates filed a Schedule 13G/A with the SEC on July 28, 2026, reporting beneficial ownership of 533,744 shares of Oil States International, Inc. common stock, representing 0.9% of the outstanding shares as of June 30, 2026. The filing is an amendment to a prior Schedule 13G and reflects a passive investment stake held through investment management subsidiaries, with no intent to influence control of the issuer.

  • · The filing is an amendment (Schedule 13G/A) filed under Rule 13d-1(b), indicating passive investment intent.
  • · Franklin Resources and its aggregated affiliates disclaim beneficial ownership for purposes of Rule 13d-3, except as specifically reported.
  • · Charles B. Johnson and Rupert H. Johnson, Jr. each own more than 10% of Franklin Resources common stock but report zero direct shares in Oil States International.
  • · The filing includes a Limited Power of Attorney dated December 11, 2023, authorizing multiple attorneys-in-fact to handle Section 13 and 16 reporting obligations.
INFINITY NATURAL RESOURCES, INC. SC 13G/A neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. and its subsidiary Franklin Advisers, Inc. filed an amended Schedule 13G with the SEC on July 28, 2026, reporting beneficial ownership of 2,343,737 shares of Infinity Natural Resources, Inc. Class A common stock, representing 12.5% of the class. The filing is a routine disclosure of passive investment holdings and does not indicate any change in control intent. The Franklin Small Cap Growth Fund, a series of Franklin Strategic Series, holds a 1,551,521 share interest (8.3%) in the issuer.

  • · The filing is an amendment (SC 13G/A) to a previously filed Schedule 13G.
  • · Franklin Resources, Inc. and its affiliates disclaim any pecuniary interest in the reported securities.
  • · The filing certifies that the securities were acquired and are held in the ordinary course of business, not for changing or influencing control of the issuer.
  • · The Franklin Small Cap Growth Fund holds 1,551,521 shares (8.3%) of Infinity Natural Resources, Inc. Class A common stock.
  • · Charles B. Johnson and Rupert H. Johnson, Jr. each own in excess of 10% of Franklin Resources, Inc. common stock but report 0 shares of Infinity Natural Resources, Inc. directly.
PPL Corp SC 13G/A neutral materiality 3/10

28-07-2026

Franklin Resources, Inc. filed an amended Schedule 13G with the SEC, reporting beneficial ownership of 21,288,443 shares of PPL Corp common stock as of June 30, 2026, representing a 2.8% stake. The filing is a routine disclosure under Rule 13d-1(b) and indicates no change in control intent. No prior period comparison is available, so no period-over-period analysis is possible.

  • · The filing is an amendment (Schedule 13G/A) filed on July 28, 2026, with an as-of date of June 30, 2026.
  • · Franklin Resources, Inc. is classified as an investment adviser (SIC 6282) and is filing under Rule 13d-1(b) as a passive investor.
  • · The filing includes a joint filing agreement among Franklin Resources, Charles B. Johnson, and Rupert H. Johnson, Jr.
  • · The beneficial ownership is disaggregated among multiple investment management subsidiaries, with Franklin Advisers, Inc. holding the largest portion (13,049,346 shares) and Franklin Mutual Advisers, LLC holding 8,148,568 shares.
  • · The filing disclaims beneficial ownership for the principal shareholders and investment management subsidiaries, stating they are not a group under Rule 13d-5.
EWSB Bancorp, Inc. /MD/ SC 13D/A neutral materiality 5/10

28-07-2026

Kory J. Schneider and Carrie A. Schneider filed an amended Schedule 13D disclosing aggregate beneficial ownership of 97,171 shares (9.58%) of EWSB Bancorp, Inc. common stock. On June 29, 2026, they purchased 47,900 shares at $10 per share in a subscription offering, increasing their combined stake. The shares are held for investment purposes, and the Schneiders may acquire or dispose of additional shares in the future.

  • · Kory Schneider is Vice President of Member Experience for East Wisconsin Savings Bank, the wholly-owned subsidiary of EWSB Bancorp.
  • · Carrie Schneider is a judge for Outagamie County.
  • · Neither reporting person has been convicted in any criminal proceeding (excluding traffic violations) or been party to a securities-related civil proceeding in the last five years.
  • · The shares were purchased with personal funds and are held for investment purposes.
  • · No present plans or proposals exist for any of the matters listed in Items 4(a)-(j) of Schedule 13D.
EWSB Bancorp, Inc. /MD/ SC 13D/A neutral materiality 5/10

28-07-2026

James E. Mangold and Sara Mangold filed a Schedule 13D/A disclosing aggregate beneficial ownership of 98,068 shares of EWSB Bancorp, Inc. common stock, representing 9.67% of the 1,014,220 shares outstanding. On June 29, 2026, Mr. Mangold purchased 39,950 shares at $10 per share in a subscription offering, increasing their combined stake. The filing indicates the shares are held for investment purposes with no current plans for major corporate changes.

  • · James E. Mangold is Vice President of Lending for East Wisconsin Savings Bank, the wholly-owned subsidiary of EWSB Bancorp.
  • · Sara Mangold is Principal at Assumption B.V.M.
  • · Neither reporting person has been convicted in any criminal proceeding or been party to a securities-related civil proceeding in the last five years.
  • · Both reporting persons are U.S. citizens.
  • · The shares were purchased with personal funds and may be increased or decreased in the future through open market or private transactions.
EWSB Bancorp, Inc. /MD/ SC 13D neutral materiality 5/10

28-07-2026

Charles D. Schmalz and Dana Schmalz filed a Schedule 13D disclosing beneficial ownership of 100,394 shares of EWSB Bancorp, Inc., representing 9.9% of the outstanding common stock. The shares were acquired for investment purposes using personal funds, with no current plans for changes in control or extraordinary corporate transactions.

  • · Charles D. Schmalz is President, CEO and a Director of East Wisconsin Savings Bank, the wholly-owned subsidiary of EWSB Bancorp.
  • · Neither reporting person has been convicted in any criminal proceeding or been party to a civil proceeding involving securities laws in the last five years.
  • · The reporting persons may acquire additional securities or dispose of securities in the future using personal funds through a broker or privately negotiated transactions.
  • · No present plans or proposals exist regarding extraordinary corporate transactions such as mergers, asset sales, or changes in board composition.
Dynamix Corp SC 13D negative materiality 8/10

28-07-2026

Bulldog Investors, LLP, along with partners Phillip Goldstein and Andrew Dakos, filed a Schedule 13D disclosing beneficial ownership of 3.03%, 3.64%, and 2.85% of Dynamix Corp (DYNC) common stock, respectively, as of July 24, 2026. The filing includes a letter to Dynamix's board urging an equitable distribution of the $50 million breakup fee received from a terminated business combination with The Ether Machine, Inc., rather than allowing Class B shareholders (including directors) to retain the cash upon liquidation. The filing highlights a conflict of interest among directors who hold Class B shares purchased at $0.004 per share versus public Class A shares sold at $10 per unit, and warns of potential litigation if the board pursues a 'self-serving' option.

  • · Bulldog Investors, LLP has sole power to dispose of and vote 76,216 shares and shared power over 593,705 shares.
  • · The filing includes a detailed purchase history of DYNC shares over the last 60 days, with prices ranging from $10.7770 to $10.9899.
  • · Dynamix must complete a business combination by November 22, 2026, or it will redeem Class A shares and liquidate.
  • · The letter references a prior response from Dynamix's counsel on July 24, 2026, which stated that directors have complied with their duties but provided no basis for that conclusion.
  • · The filing warns that the 'Self-serving Option' could lead to litigation, citing Delaware case law (Schnell v. Christ-Craft).
CALAMOS STRATEGIC TOTAL RETURN FUND SC 13G/A neutral materiality 5/10

28-07-2026

Apollo Management Holdings GP, LLC and related entities (collectively, the Reporting Persons) filed a Schedule 13G/A disclosing beneficial ownership of 608,000 Series F Mandatory Redeemable Preferred Shares (MRPS) of Calamos Strategic Total Return Fund, representing 15.2% of the outstanding Series F MRPS as of April 30, 2026. The filing is made under Rule 13d-1(b) and certifies that the securities were acquired in the ordinary course of business and not to change or influence control of the issuer. The Reporting Persons disclaim beneficial ownership of any common stock included in the report.

  • · The filing is an amendment (13G/A) to a previously filed Schedule 13G.
  • · The Reporting Persons include nine entities in a chain of control, with Athene Annuity and Life Company as the direct holder.
  • · The securities were acquired in the ordinary course of business and not with the purpose of changing or influencing control of the issuer.
  • · The Reporting Persons disclaim beneficial ownership of any common stock included in the report.
  • · The filing date is July 28, 2026, and the event date is June 18, 2026.
Ares Dynamic Credit Allocation Fund, Inc. SC 13G/A neutral materiality 3/10

28-07-2026

Apollo Management Holdings GP, LLC and related entities filed a Schedule 13G/A disclosing beneficial ownership of 160,000 shares of Series B Mandatory Redeemable Preferred Stock in Ares Dynamic Credit Allocation Fund, Inc., representing 4% of the class. The filing is an amendment to a prior Schedule 13G and indicates no change in the number of shares held compared to the previous filing. The reporting persons disclaim beneficial ownership of the shares held by Athene Annuity and Life Company.

  • · The filing is an amendment (13G/A) to a prior Schedule 13G, indicating no change in ownership from the previous filing.
  • · The reporting persons include multiple Apollo entities, with Athene Annuity and Life Company as the direct holder of the shares.
  • · The percentage of class (4%) is based on 1,200,200 Series B shares, 2,000,000 Series C shares, and 800,000 Series D shares outstanding as of July 17, 2026.
  • · All reporting persons disclaim beneficial ownership except for Athene Annuity and Life Company.
Wallbox N.V. SC 13G/A neutral materiality 5/10

28-07-2026

Consilium, S.L. filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 1,696,253 Class A ordinary shares of Wallbox N.V., representing 7.2% of the outstanding shares. The filing is an amendment to a previous Schedule 13G and was made under Rule 13d-1(c), indicating a passive investment intent.

  • · The filing is an amendment (Schedule 13G/A) filed under Rule 13d-1(c), indicating passive investment intent.
  • · Consilium, S.L. is organized under the laws of Spain and its business address is in Barcelona, Spain.
  • · The beneficial ownership calculation includes shares issuable upon exercise of warrants exercisable within 60 days.
  • · The percentage ownership is based on 16,778,631 Class A ordinary shares outstanding as of December 31, 2025, plus 6,603,523 shares issued on June 30, 2025 and July 1, 2026, plus the 250,680 warrant shares.
IPG PHOTONICS CORP SC 13D/A neutral materiality 5/10

28-07-2026

This Schedule 13D/A filing discloses that the Valentin Gapontsev Trust I, along with related parties Angelo P. Lopresti, IQ EQ Trust Company, U.S., LLC, and Eugene A. Shcherbakov, collectively beneficially own 34.3% of IPG Photonics Corp. common stock as of July 28, 2026. The filing details extensive open-market sales by the Trust under a 10b5-1 plan, with prices ranging from $76.20 to $149.88 per share between January and July 2026, as well as option exercises and tax withholding transactions by individual trustees. While the group's aggregate ownership remains substantial, the Trust's direct holdings decreased slightly to 6,670,283 shares (15.7%) from a prior 6,700,000+ level, reflecting ongoing share sales.

  • · The Trust sold shares in 60+ transactions between Jan 12 and Jul 21, 2026, with prices ranging from $76.20 to $149.88 per share.
  • · Eugene Scherbakov exercised 7,592 stock options at $81.89/share on Feb 13, 2026, and had 5,727 shares withheld for exercise price and taxes.
  • · Angelo Lopresti received a grant of 4,465 RSUs on Feb 18, 2026, vesting in three annual installments starting March 1, 2027.
  • · The filing is based on 42,443,616 shares outstanding as of May 4, 2026, per the Issuer's Form 10-Q.
  • · No single reporting person holds more than 20% individually, but the group collectively holds 34.3%.
Planet Image International Ltd SC 13G neutral materiality 5/10

28-07-2026

Juneng Investment (Hong Kong) Ltd, Xinyu High-Tech Investment Co., Ltd., and the Financial and Monetary Bureau of Xinyu Hi-Tech Industry Development Zone filed a Schedule 13G disclosing joint beneficial ownership of 10,526,300 Class A ordinary shares of Planet Image International Ltd, representing a 38.19% stake as of September 30, 2024. The filing indicates a significant concentrated ownership position by entities ultimately controlled by a local government bureau, but no change in ownership or new acquisition is reported.

  • · The filing is a Schedule 13G (passive investment disclosure), not a 13D (activist filing).
  • · The ownership chain: Juneng Investment (HK) Ltd → wholly owned by Xinyu High-Tech Investment Co., Ltd. → wholly owned by Financial and Monetary Bureau of Xinyu Hi-Tech Industry Development Zone (a government department).
  • · No change in ownership or new transactions were reported; the filing appears to be an initial or amended beneficial ownership report.
  • · The filing date is July 28, 2026, but the ownership data is as of September 30, 2024.
LGL GROUP INC SC 13D/A neutral materiality 7/10

28-07-2026

Marc Gabelli and related entities filed a Schedule 13D/A disclosing aggregate beneficial ownership of 4,387,727 shares (34.84%) of LGL Group Inc. as of July 15, 2026. The filing reports recent purchases totaling approximately $22.99 million, including 1,854,015 shares by Gabelli and 1,477,660 shares by Venator Merchant Fund L.P. at $6.90 per share, acquired through the issuer's subscription rights offering. The filing indicates a significant increase in ownership but no change in control.

  • · The filing is an amendment to Schedule 13D, indicating a material change in ownership.
  • · Transactions occurred on July 15, 2026, at a price of $6.90 per share.
  • · The purchases were a result of the completion of the issuer's subscription rights offering.
  • · Marc Gabelli disclaims beneficial ownership of shares held by Venator Merchant Fund L.P., except to the extent of his pecuniary interest.
Planet Image International Ltd SC 13G/A negative materiality 6/10

28-07-2026

Juneng Investment (Hong Kong) Ltd, along with its parent Xinyu High-Tech Investment Co., Ltd. and the Financial and Monetary Bureau of Xinyu Hi-Tech Industry Development Zone, has sold its entire stake of 10,526,300 Class A ordinary shares in Planet Image International Ltd, reducing its beneficial ownership to 0% as of May 18, 2026. The sale represents a complete exit by these entities, which previously held a significant position in the company.

  • · The sale occurred on or before May 18, 2026.
  • · Juneng Investment is wholly owned by Xinyu High-Tech Investment Co., Ltd., which is wholly owned by the Financial and Monetary Bureau of Xinyu Hi-Tech Industry Development Zone.
  • · The filing is an amendment (SC 13G/A) reflecting the change from a prior beneficial ownership position to zero.
  • · No other reporting persons or entities are disclosed as having any remaining ownership.
IPG PHOTONICS CORP SC 13G/A neutral materiality 5/10

28-07-2026

IP Fibre Devices Ltd filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 6,463,302 shares of IPG Photonics Corp common stock, representing a 15.2% stake. The filing is an amendment to a previous Schedule 13G, with the reporting person organized under UK law and having its principal business office at IPG Photonics' address in Marlborough, MA.

  • · The filing is an amendment (Schedule 13G/A) filed under Rule 13d-1(d).
  • · IP Fibre Devices Ltd is organized under the laws of the United Kingdom.
  • · The reporting person's principal business office is c/o IPG Photonics Corporation, 377 Simarano Drive, Marlborough, MA 01752.
  • · The filing date is July 28, 2026, and the date of the event triggering the filing is September 22, 2025.
Research Alliance Corp III SC 13D/A mixed materiality 9/10

28-07-2026

Research Alliance Corp III (RACC) has entered into a Business Combination Agreement to acquire 100% of OHB Pediatrics Ltd. for a base equity value of $160M, with the transaction expected to close in H2 2026. The sponsor, Research Alliance Holdings III LLC, holds 16.9% of RACC's Class A shares (1,520,269 shares) and has agreed to vote in favor of the deal. Concurrently, RA Capital Healthcare Fund and RA Capital Nexus Fund IV have committed $45M in interim financing via SAFEs, and the Fund has also agreed to backstop up to $75M in shareholder redemptions.

  • · The Class B ordinary shares will convert automatically into Class A ordinary shares on a one-for-one basis at the time of the initial business combination or earlier at the holder's option.
  • · The Issuer will domesticate from the Cayman Islands to Delaware prior to closing.
  • · Shareholders of RACC Class A shares have redemption rights for cash equal to the pro rata portion of the trust account.
  • · The Business Combination Agreement can be terminated if not consummated within six months from July 26, 2026 (subject to automatic extension).
  • · The Company SAFEs bear interest at 8% per annum and convert into ordinary shares of the Company immediately prior to closing.
  • · The Backstop Limit will be reduced by the number of shares not subject to shareholder redemptions.
Cuprina Holdings (Cayman) LTD SC 13G neutral materiality 5/10

28-07-2026

Jane Street Group, LLC disclosed a 5.1% beneficial ownership stake in Cuprina Holdings (Cayman) LTD as of July 22, 2026, holding 46,466 Class A Ordinary Shares. The filing was made under Rule 13d-1(c) and certifies that the securities were not acquired to influence control of the issuer. The stake is held through subsidiaries Jane Street Capital, LLC (3.3%) and Jane Street Global Trading, LLC (1.7%).

  • · Filing date: July 28, 2026; beneficial ownership date: July 22, 2026
  • · Jane Street Group, LLC is a Delaware limited liability company headquartered at 250 Vesey Street, 6th Floor, New York, NY 10281
  • · The filing is a Schedule 13G (passive investment), not a 13D (activist intent)
  • · Cuprina Holdings is incorporated in the Cayman Islands with business address in Singapore (Block 1090, Lower Delta Road, #06-08, Singapore 169201)
  • · The issuer's SEC file number is 005-95824 and its SIC code is 3842 (Orthopedic, Prosthetic & Surgical Appliances & Supplies)
Hippo Holdings Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. disclosed a 5.7% beneficial ownership stake in Hippo Holdings Inc. as of June 30, 2026, holding 1,486,548 shares of common stock. The filing was made under Rule 13d-1(b) and certifies the securities were acquired in the ordinary course of business without the purpose of changing or influencing control of the issuer.

  • · BlackRock has sole voting power over 1,453,650 shares and sole dispositive power over 1,486,548 shares.
  • · No single person's interest in the common stock exceeds 5% of the total outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · The filing lists 10 BlackRock subsidiaries that beneficially own 5% or more of the reported security class.
Harmony Biosciences Holdings, Inc. SC 13G/A neutral materiality 3/10

28-07-2026

BlackRock, Inc. filed an amended Schedule 13G with the SEC on July 28, 2026, reporting beneficial ownership of 6,525,663 shares of Harmony Biosciences Holdings, Inc. common stock as of June 30, 2026, representing 11.3% of the outstanding shares. This is an increase from the previously reported 6,445,523 shares, reflecting a net addition of 80,140 shares. The filing is a routine disclosure by a major institutional investor and does not indicate any change in control intent.

  • · BlackRock's sole voting power covers 6,445,523 shares (98.8% of its total beneficial ownership).
  • · No single person within BlackRock's reporting group has an interest exceeding 5% of Harmony Biosciences' outstanding shares.
  • · The filing is made under Rule 13d-1(b), indicating the securities were acquired in the ordinary course of business and not to influence control.
  • · BlackRock Fund Advisors is the only subsidiary that beneficially owns 5% or more of the reported security class.
iShares, Inc. SC 13G/A neutral materiality 3/10

28-07-2026

BlackRock, Inc. filed an amended Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 1,124,295 shares of iShares J.P. Morgan EM High Yield Bond ETF, representing 7.5% of the outstanding common stock. The filing indicates that BlackRock Fund Advisors, a subsidiary, beneficially owns 5% or more of the security class. The shares were acquired and are held in the ordinary course of business, not for changing or influencing control of the issuer.

  • · The filing is an amendment to a previous Schedule 13G, indicating a change in ownership or other required update.
  • · BlackRock Fund Advisors is the entity that beneficially owns 5% or greater of the outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · The filing is made under Rule 13d-1(b), indicating the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing control.
First Tracks Biotherapeutics, Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 1,919,376 shares of First Tracks Biotherapeutics, Inc. (TRAX) common stock, representing 5.5% of the outstanding shares. The filing indicates BlackRock acquired the shares in the ordinary course of business and not with the purpose of changing or influencing control of the issuer.

  • · BlackRock has sole voting power over 1,886,631 shares and sole dispositive power over 1,919,376 shares.
  • · The filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · BlackRock's address is 50 Hudson Yards, New York, NY 10001.
  • · First Tracks Biotherapeutics was formerly known as Biopharma Company, Inc. until a name change on October 10, 2025.
  • · The Schedule 13G includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute filings on behalf of BlackRock.
HECLA MINING CO/DE/ SC 13G/A neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G/A with the SEC on July 28, 2026, reporting beneficial ownership of 68,486,018 shares of Hecla Mining Company common stock as of June 30, 2026, representing 10.2% of the outstanding shares. This is an increase from the prior reported 66,699,267 shares (which would have been approximately 9.9% based on the same total outstanding), indicating a slight increase in BlackRock's stake. The filing is made under Rule 13d-1(b) and certifies that the shares were acquired and are held in the ordinary course of business, not for changing or influencing control of the issuer.

  • · BlackRock's beneficial ownership increased from 66,699,267 shares (approximately 9.9%) to 68,486,018 shares (10.2%), a net increase of 1,786,751 shares or about 2.68%.
  • · BlackRock holds sole voting power over 66,699,267 shares and sole dispositive power over 68,486,018 shares.
  • · No single person within BlackRock's reporting group beneficially owns more than 5% of Hecla's outstanding common stock.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents on behalf of BlackRock.
  • · BlackRock Fund Advisors is specifically noted as beneficially owning 5% or greater of the reported security class.
GRAIL, Inc. SC 13G/A neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G/A with the SEC on July 28, 2026, reporting beneficial ownership of 3,376,085 shares of GRAIL, Inc. common stock as of June 30, 2026, representing 7.9% of the outstanding shares. The filing indicates that BlackRock holds the shares in the ordinary course of business and not for the purpose of changing or influencing control of GRAIL.

  • · The filing is an amendment (Schedule 13G/A) to a previous Schedule 13G.
  • · BlackRock has sole voting power over 3,312,474 shares and sole dispositive power over 3,376,085 shares.
  • · No single person within BlackRock's reporting group has an interest in more than 5% of GRAIL's outstanding common stock.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · The filing lists 14 BlackRock subsidiaries and affiliates, with BlackRock Investment Management, LLC noted as beneficially owning 5% or more of the class.
Hinge Health, Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 2,992,772 shares of Hinge Health, Inc. Class A common stock as of June 30, 2026, representing 5.5% of the outstanding shares. The filing indicates that BlackRock holds the shares in the ordinary course of business and not with the purpose of changing or influencing control of the company.

  • · BlackRock's filing is under Rule 13d-1(b), indicating passive investment intent.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · Exhibit 99 lists 14 BlackRock entities that may beneficially own 5% or greater of the reported security class.
FreightCar America, Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 958,735 shares of FreightCar America, Inc. (RAIL) common stock, representing 5.00% of the outstanding shares. The filing indicates that BlackRock holds these shares in the ordinary course of business and does not have the purpose of changing or influencing control of the issuer.

  • · BlackRock's filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · No single person within BlackRock's reporting group beneficially owns more than 5% of the outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
  • · The filing explicitly states the securities were not acquired to change or influence control of FreightCar America.
FORMFACTOR INC SC 13G/A neutral materiality 7/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G/A on July 28, 2026, reporting beneficial ownership of 9,682,927 shares of FormFactor Inc. common stock, representing 12.4% of the outstanding shares. The filing reflects a passive investment held in the ordinary course of business, not for control purposes.

  • · The filing is an amendment to a Schedule 13G (not initial filing), indicating a change in ownership from a prior level.
  • · One entity within BlackRock, iShares Core S&P Small-Cap ETF, individually holds more than 5% of FormFactor's common stock.
  • · BlackRock disclaims beneficial ownership of securities held by other business units not included in the Reporting Business Units.
  • · The filing includes a power of attorney dated January 21, 2025, revoking prior POA.
FedEx Freight Holding Company, Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 8,346,293 shares of FedEx Freight Holding Company, Inc. common stock, representing 7.0% of the outstanding shares. The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

  • · The filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · BlackRock's beneficial ownership includes shares held by multiple subsidiaries, with BlackRock Fund Managers Ltd noted as beneficially owning 5% or greater of the outstanding shares.
  • · No single person's interest in the common stock exceeds 5% of the total outstanding shares.
  • · The filing date is July 28, 2026, with the date of change also July 28, 2026.
Flowco Holdings Inc. SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 2,666,588 shares of Flowco Holdings Inc. (FLOC) Class A common stock, representing a 6.4% stake as of June 30, 2026. The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

  • · BlackRock's beneficial ownership includes shares held by multiple subsidiaries, including BlackRock Advisors, LLC, BlackRock Fund Advisors, and BlackRock Institutional Trust Company, National Association, among others.
  • · No single person's interest in the common stock exceeds 5% of the total outstanding shares.
  • · The filing was made pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934.
  • · The Schedule 13G reflects securities beneficially owned by certain business units of BlackRock, Inc., and does not include securities held by other business units that are disaggregated in accordance with SEC Release No. 34-39538.
Intuitive Machines, Inc. SC 13G/A neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 11,080,219 shares of Intuitive Machines, Inc. Class A Stock as of June 30, 2026, representing 6.9% of the outstanding shares. The filing indicates a slight decrease in BlackRock's holdings compared to the prior period, where it reported 10,860,081 shares with sole voting power, while the total reported shares increased from 10,860,081 to 11,080,219.

  • · BlackRock disclaims beneficial ownership of securities held by other business units not included in this filing.
  • · No single person within BlackRock's reporting group beneficially owns more than 5% of Intuitive Machines' outstanding shares.
  • · The filing is made pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934.
  • · BlackRock certifies the securities were acquired and are held in the ordinary course of business, not to change or influence control of the issuer.
Hyperfine, Inc. SC 13G neutral materiality 3/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 4,675,187 shares of Hyperfine, Inc. Class A common stock, representing 5.5% of the outstanding shares. The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

  • · BlackRock's beneficial ownership includes 4,605,420 shares with sole voting power and 4,675,187 shares with sole dispositive power.
  • · The filing is made under Rule 13d-1(b), indicating passive investment intent.
  • · No single person's interest in the common stock exceeds 5% of the total outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
Immuneering Corp SC 13G neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G with the SEC on July 28, 2026, disclosing beneficial ownership of 4,356,235 shares of Immuneering Corp Class A common stock, representing 6.7% of the outstanding shares. The filing indicates that BlackRock acquired and holds the shares in the ordinary course of business, not with the purpose of changing or influencing control of the issuer.

  • · BlackRock has sole voting power over 4,314,766 shares and sole dispositive power over 4,356,235 shares.
  • · The filing is made pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934.
  • · No single person within BlackRock's reporting group has an interest in more than 5% of Immuneering's outstanding shares.
  • · The Schedule 13G includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute filings on behalf of BlackRock.
Dianthus Therapeutics, Inc. /DE/ SC 13G/A neutral materiality 5/10

28-07-2026

BlackRock, Inc. filed a Schedule 13G/A with the SEC on July 28, 2026, disclosing beneficial ownership of 3,504,166 shares of Dianthus Therapeutics, Inc. common stock, representing 6.4% of the outstanding shares. The filing is an amendment to a previous Schedule 13G and indicates that BlackRock holds the shares in the ordinary course of business without intent to influence control. No prior period comparison is available in this filing, so no period-over-period changes are reported.

  • · BlackRock's beneficial ownership includes 3,433,718 shares with sole voting power and 0 shares with shared voting power.
  • · BlackRock has sole dispositive power over 3,504,166 shares and shared dispositive power over 0 shares.
  • · The filing is an amendment (Schedule 13G/A) and was made pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934.
  • · No single person within BlackRock's reporting group beneficially owns more than 5% of the outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reports on behalf of BlackRock.
Health Catalyst, Inc. SC 13G/A neutral materiality 3/10

28-07-2026

BlackRock, Inc. filed an amended Schedule 13G with the SEC on July 28, 2026, reporting beneficial ownership of 1,128,517 shares of Health Catalyst, Inc. common stock, representing 1.5% of the outstanding shares. The filing indicates BlackRock's holdings are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

  • · The filing is an amendment to a previous Schedule 13G, indicating a change in BlackRock's ownership position.
  • · BlackRock certifies the securities were acquired and are held in the ordinary course of business, not for changing or influencing control.
  • · No single person's interest in the common stock exceeds 5% of the total outstanding shares.
  • · The filing includes a Power of Attorney dated January 21, 2025, authorizing multiple individuals to execute ownership reporting documents.
EchoStar CORP SC 13G/A neutral materiality 3/10

28-07-2026

BlackRock, Inc. filed an amended Schedule 13G with the SEC disclosing beneficial ownership of 10,564,121 shares of EchoStar Corp Class A common stock as of June 30, 2026, representing 6.7% of the outstanding shares. The filing indicates a slight increase in BlackRock's holdings, up from 9,946,119 shares (prior period not directly stated but implied by the 13G/A amendment), reflecting a 6.2% increase in share count. BlackRock states the shares were acquired and are held in the ordinary course of business and not for changing or influencing control.

  • · BlackRock's filing is an amendment to Schedule 13G, indicating a passive investment intent (Rule 13d-1(b)).
  • · BlackRock's holdings increased by approximately 618,002 shares from the prior filing, but it is a minor change and does not cross a regulatory threshold.
  • · No single beneficial owner within BlackRock's reporting entities holds more than 5% of EchoStar's outstanding common stock.
  • · The filing lists numerous BlackRock subsidiaries and affiliates that may beneficially own shares, including BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A.

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