BlackRock Portfolio Management LLC filed a Schedule 13G with the SEC on October 27, 2026, disclosing beneficial ownership of 11,038,244 shares of Shoals Technologies Group, Inc. Class A Stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock Portfolio Management LLC reported beneficial ownership of 11,038,244 shares of Shoals Technologies Group Class A Stock.
  • Percent of class: The reported position represents 6.6% of the outstanding Class A Stock.
  • Sole voting power: The filing discloses sole voting power over 11,023,547 shares, with zero shares subject to shared voting power.
  • Sole dispositive power: The filer reported sole dispositive power over all 11,038,244 shares, with no shared dispositive power.
  • Five-percent interest noted: The filing identifies BGF Sustainable Energy Fund as having an interest of more than five percent of the total outstanding common stock of Shoals Technologies Group, Inc.
  • Triggering event date: The date of the event requiring the filing was September 30, 2026.

BlackRock Portfolio Management's Schedule 13G Filing for Shoals Technologies Class A Stock

According to the filing, BlackRock Portfolio Management LLC, organized in Delaware and headquartered at 50 Hudson Yards, New York, NY 10001, submitted a Schedule 13G disclosing a beneficial ownership position in Shoals Technologies Group, Inc. (NASDAQ:SHLS), whose principal executive offices are located at 1500 Shoals Way, Portland, TN 37148. The filing was signed by Spencer Fleming, Managing Director, on October 27, 2026, with the triggering event dated September 30, 2026.

The filing states that BlackRock Portfolio Management LLC holds sole voting power over 11,023,547 shares and sole dispositive power over 11,038,244 shares, representing 6.6% of the Class A Stock outstanding. No shared voting or shared dispositive power was reported. The filing notes, 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," and that it does not include securities beneficially owned by other business units whose ownership is disaggregated from that of the Reporting Business Units under that release.

Under Item 6, the filing discloses that "the interest of 1 such person, BGF Sustainable Energy Fund, in the common stock of Shoals Technologies Group, Inc. is more than five percent of the total outstanding common stock." The filer certified that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

BlackRock Portfolio Management LLC disclosed in a Schedule 13G that it beneficially owns 11,038,244 shares, or 6.6%, of Shoals Technologies Group Class A Stock as of September 30, 2026, with sole voting power over 11,023,547 shares and sole dispositive power over the full position.