BlackRock, Inc. filed a Schedule 13G with the SEC on November 4, 2026, disclosing beneficial ownership of 10,403,897 shares of common stock in Navient Holdings, Inc., representing 11.2% of the class, as of the event date of October 31, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock reported beneficial ownership of 10,403,897 shares of Navient Holdings, Inc. common stock (CUSIP 63943R108).
  • Percent of class: The reported holdings represent 11.2% of the outstanding common shares.
  • Sole voting power: BlackRock disclosed sole voting power over 10,219,558 shares.
  • Sole dispositive power: BlackRock disclosed sole dispositive power over 10,403,897 shares.
  • Shared voting and dispositive power: Both shared voting power and shared dispositive power are reported as 0.
  • Triggering event date: The event requiring this filing occurred on October 31, 2026.
  • Filer classification: BlackRock identified itself as a parent holding company (type "HC"), incorporated in Delaware.

BlackRock's Schedule 13G Filing on Navient Holdings Common Stock

BlackRock, Inc., headquartered at 50 Hudson Yards, New York, NY 10001, filed a Schedule 13G disclosing its beneficial ownership position in Navient Holdings, Inc., whose principal executive offices are listed at 13865 Sunrise Valley Drive, Herndon, VA 20171. According to the filing, the event triggering the disclosure occurred on October 31, 2026, and the statement was signed by Spencer Fleming, Managing Director, on November 4, 2026.

The filing states that BlackRock beneficially owns an aggregate of 10,403,897 shares of Navient Holdings common stock, equal to 11.2% of the class. Of those shares, 10,219,558 are subject to sole voting power, while the remaining shares carry no voting rights attributed to BlackRock in this filing. Sole dispositive power is reported over all 10,403,897 shares, with no shared dispositive power reported.

BlackRock noted, in accordance with SEC Release No. 34-39538 (January 12, 1998), that the Schedule 13G "reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates." The filing also states that "various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Navient Holdings, Inc." but that no single person's interest exceeds 5% of the total outstanding common shares. BlackRock certified that the securities "were acquired and are held in the ordinary course of business" and were not acquired for the purpose of changing or influencing control of the issuer.

What Was Disclosed

BlackRock, Inc. disclosed through a Schedule 13G that it beneficially owns 10,403,897 shares, or 11.2%, of Navient Holdings, Inc. common stock as of October 31, 2026, with sole voting power over 10,219,558 shares and sole dispositive power over all reported shares.