BlackRock Portfolio Management LLC Reports 4.2% Stake in BorgWarner Inc. (BWA)
BlackRock Portfolio Management LLC filed a Schedule 13G/A on April 30, 2026, disclosing a new or updated position in BorgWarner Inc. (BWA). As of the event date on March 31, 2026, the reporting person beneficially owns 8,603,715 shares of common stock, representing a 4.2% ownership stake in the company. This filing marks an increase from a previous 0.0% position. The filing indicates that BlackRock Portfolio Management LLC holds sole dispositive power over all 8,603,715 shares and sole voting power over 6,414,296 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. Various persons have the right to receive dividends or proceeds from the sale of the stock, but no single person's interest exceeds 5% of the total outstanding common shares. This amendment (No. 2) follows the reporting guidelines of Rule 13d-1(b).