Norges Bank filed a Schedule 13G with the SEC on November 12, 2026, disclosing beneficial ownership of 12,687,971 shares of Blend Labs, Inc. common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Norges Bank reported 12,687,971 shares of Blend Labs, Inc. common stock, representing 5.4395% of the class.
  • Sole voting power: Norges Bank holds sole voting power over all 12,687,971 shares.
  • Dispositive power: Sole dispositive power is reported as 0; shared dispositive power covers all 12,687,971 shares.
  • Event date: The filing is triggered by an event dated September 30, 2026.
  • Government of Norway: According to the filing, "certain shares reported herein are invested on behalf of the Government of Norway."
  • Filer classification: Norges Bank is identified as a financial institution and other (FI, OO) organized in Norway.

Norges Bank Crosses 5% Threshold in Blend Labs Common Stock

Norges Bank, the central bank of Norway, filed a Schedule 13G with the U.S. Securities and Exchange Commission on November 12, 2026, disclosing a beneficial ownership position in Blend Labs, Inc. (NYSE:BLND) common stock. The filing was triggered by an event dated September 30, 2026, and covers shares with CUSIP number 09352U108. Blend Labs, Inc. is headquartered at 7250 Redwood Blvd., Suite 300, Novato, CA 94945, according to the filing.

According to the filing, Norges Bank beneficially owns 12,687,971 shares, equal to 5.4395% of the outstanding class. The bank holds sole voting power over all 12,687,971 shares, while shared dispositive power also covers the full 12,687,971 shares. Sole dispositive power is reported as zero. The filing notes that certain shares are invested on behalf of the Government of Norway. The statement was signed by Stanislav Boiadjiev under the Business and Regulatory Compliance function.

In its certification, Norges Bank stated 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." The bank also certified that its foreign regulatory scheme "is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s)." The filing was made under Rule 13d-1(b), 13d-1(c), or 13d-1(d), though the specific rule box selected is not clearly indicated in the available filing text.

What Was Disclosed

Norges Bank filed a Schedule 13G reporting 12,687,971 shares of Blend Labs, Inc. common stock, amounting to 5.4395% of the class, as of September 30, 2026, with certain shares held on behalf of the Government of Norway.