BlackRock, Inc. Increases Stake in The Vita Coco Company to 11.6%

On April 7, 2026, BlackRock, Inc. filed an amended Schedule 13G (Amendment No. 1) regarding its holdings in The Vita Coco Company, Inc. (COCO). The filing reveals that as of March 31, 2026, BlackRock has significantly increased its position to 6,634,636 shares of common stock, representing an 11.6% ownership stake in the company. This is a substantial increase from the previously reported 0.0% position, indicating a major new accumulation of shares. Of the total shares held, BlackRock reports sole voting power over 6,555,826 shares and sole dispositive power over the entire 6,634,636 shares. The filing was made under Rule 13d-1(b), signifying that the shares were acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. The reporting entity is a parent holding company, and various subsidiaries under BlackRock, Inc. are listed as the beneficial owners of the reported securities.