BlackRock Portfolio Management LLC's 5.3% Ownership in Silvercrest Asset Management Group Inc
BlackRock Portfolio Management LLC has reported a 5.3% ownership in Silvercrest Asset Management Group Inc through a Schedule 13G filing. The filing indicates that BlackRock Portfolio Management LLC beneficially owns 448,648 shares of Class A Stock, with sole voting power over 402,752 shares and sole dispositive power over all 448,648 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the common stock, but no single person's interest exceeds 5% of the total outstanding shares. The filing was made under Rule 13d-1(b) and includes certifications that the securities were acquired and are held in the ordinary course of business, not for the purpose of influencing control of the issuer.