BlackRock, Inc. Discloses New 4.9% Stake in Hippo Holdings Inc. (HIPO)

BlackRock, Inc. filed a Schedule 13G/A on April 27, 2026, disclosing a new ownership position in Hippo Holdings Inc. (HIPO). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 1,261,191 shares of Common Stock, representing a 4.9% stake in the company. This filing marks an increase from a previously reported 0% position, though the current 4.9% threshold falls just below the 5% reporting requirement typically associated with significant shareholders. Of the total shares held, BlackRock possesses sole voting power over 1,240,081 shares and sole dispositive power over the full 1,261,191 shares. The filing indicates that the securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. Various subsidiary entities under BlackRock, Inc. are identified as part of the reporting unit. The transaction reflects a significant capital deployment into the insurtech firm, valued at approximately $36.22 million based on the provided data.