BlackRock, Inc. Reduces Stake in Compass Diversified Holdings to 4.9%
BlackRock, Inc. filed a Schedule 13G/A on April 27, 2026, disclosing a reduction in its ownership of Compass Diversified Holdings (CODI). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 3,685,605 shares of common stock, representing a 4.9% stake in the company. This filing marks a transition below the 5% beneficial ownership threshold, as indicated by the 'Y' flag in Item 5 regarding ownership of 5% or less. The reporting person, a parent holding company based in Delaware, holds sole dispositive power over all 3,685,605 shares and sole voting power over 3,619,153 shares. The filing specifies that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are listed as having acquired the shares, but no single person's interest exceeds 5% of the total outstanding common shares. The filing was signed by Spencer Fleming, Managing Director.