BlackRock raises Iguatemi preferred stake to 5.019%
The mall operator saw its shares surge 11% following the disclosure.
Asset manager BlackRock raised its holding in 
Iguatemi preferred shares to 5.019%, according to a company filing released on Monday, October 5, 2026.
As of September 30, BlackRock held 21,852,906 preferred shares in the Brazilian shopping mall operator. The firm also held 733,856 cash-settled derivatives tied to the preferred shares, representing 0.169% of that class. BlackRock stated that it acts on behalf of clients and that the holding is strictly for investment purposes, with no intention of altering Iguatemi's corporate control or administrative structure.
This move reverses a cut disclosed a few days earlier, when BlackRock reported that its stake had dropped below the 5% regulatory reporting threshold set by Brazil's securities regulator, the CVM.
Iguatemi shares jumped 11% on Monday during a broad market rally, with the benchmark Ibovespa rising 8.9% to 209,312 points. Iguatemi units have gained 24% so far in 2026.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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