BlackRock, Inc. filed an amended Schedule 13G with the SEC on November 4, 2026, disclosing beneficial ownership of 8,195,053 shares of common stock in Franklin BSP Realty Trust, Inc., representing 10.8% of the class as of October 31, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock reported beneficial ownership of 8,195,053 shares of Franklin BSP Realty Trust common stock (CUSIP 35243J101).
  • Percent of class: The reported stake represents 10.8% of the outstanding common shares.
  • Sole voting power: BlackRock disclosed sole voting power over 7,961,356 shares.
  • Sole dispositive power: BlackRock disclosed sole dispositive power over 8,195,053 shares.
  • Shared voting and dispositive power: Both reported as 0 shares.
  • Event date: The filing was triggered by an event dated October 31, 2026, and is designated Amendment No. 2.
  • No single outside interest exceeds 5%: According to the filing, no one person's interest in Franklin BSP Realty Trust common stock is more than five percent of the total outstanding common shares.

BlackRock's Amendment No. 2 Ownership Disclosure for Franklin BSP Realty Trust

BlackRock, Inc., organized in Delaware and headquartered at 50 Hudson Yards, New York, NY 10001, filed Amendment No. 2 to its Schedule 13G on November 4, 2026, disclosing a 10.8% beneficial ownership position in Franklin BSP Realty Trust, Inc., whose common stock carries CUSIP number 35243J101. According to the filing, the triggering event date was October 31, 2026. BlackRock is classified as a parent holding company (type "HC") for purposes of this filing.

The filing states 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 further notes that it "does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units" in accordance with SEC Release No. 34-39538 (January 12, 1998). The identities and classifications of relevant subsidiaries are stated to be provided in Exhibit 99.

Regarding the purpose of the holdings, the filing certifies that "the securities referred to above 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." As to outside interests, the filing discloses that various persons have the right to receive dividends or proceeds from the sale of the common stock, but confirms that no single person's interest exceeds five percent of total outstanding common shares. The filing was signed by Spencer Fleming, Managing Director, on behalf of BlackRock, Inc.

What Was Disclosed

BlackRock, Inc. filed Amendment No. 2 to Schedule 13G disclosing beneficial ownership of 8,195,053 shares, or 10.8%, of Franklin BSP Realty Trust, Inc. common stock, with sole voting power over 7,961,356 shares and sole dispositive power over all 8,195,053 shares, as of October 31, 2026.