BlackRock, Inc. Reports 6.6% Stake in Instacart (Maplebear Inc.) via Schedule 13G/A
On April 27, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant new ownership stake in Maplebear Inc. (CART), commonly known as Instacart. According to the filing, BlackRock now beneficially owns 15,918,876 shares of common stock, representing a 6.6% ownership interest in the company. This marks a substantial increase from a previous 0.0% position, indicating a strategic entry or consolidation of holdings by the investment firm. Of the total shares held, BlackRock reported sole voting power over 15,396,578 shares and sole dispositive power over the full 15,918,876 shares. The filing was made as an amendment (Amendment No. 1) and clarifies that the securities were acquired in the ordinary course of business, not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are identified as part of the reporting group. The event necessitating this filing occurred on March 31, 2026, highlighting BlackRock's growing influence as a major institutional shareholder in the grocery delivery platform.