State Street Corporation (ABCB) reports 3.49M Ameris Bancorp shares, a 5.2% holding
Rhea-AI Filing Summary
State Street Corporation reports beneficial ownership of common stock of Ameris Bancorp. State Street beneficially owns 3,490,328 shares of Ameris Bancorp common stock, representing 5.2% of the class as of the reported date.
State Street has shared voting power over 496,338 shares and shared dispositive power over 3,490,328 shares, with no sole voting or dispositive power. Several State Street Global Advisors investment advisory subsidiaries are identified as the relevant entities through which these holdings are managed.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 3,490,328 shares
Percent of class: 5.2 %
Shared voting power: 496,338 shares
+2 more
5 metrics
Beneficial ownership
3,490,328 shares
Ameris Bancorp common stock beneficially owned by State Street Corporation
Percent of class
5.2 %
Portion of Ameris Bancorp common stock class held by State Street Corporation
Shared voting power
496,338 shares
Ameris Bancorp shares over which State Street has shared voting power
Sole voting power
0 shares
Ameris Bancorp shares over which State Street has sole voting power
Shared dispositive power
3,490,328 shares
Ameris Bancorp shares over which State Street has shared dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Investment Company Act of 1940, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 3490328.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Investment Company Act of 1940 regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
parent holding company regulatory
"If a parent holding company has filed this schedule"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Ameris Bancorp (ABCB) does State Street Corporation report owning?
State Street Corporation reports beneficial ownership of 5.2% of the Ameris Bancorp common stock class. This stake reflects 3,490,328 shares held through State Street’s investment advisory subsidiaries as of the reported date.
What dispositive power does State Street Corporation report over Ameris Bancorp (ABCB) stock?
State Street has shared dispositive power over 3,490,328 Ameris Bancorp shares and no sole dispositive power. This means affiliated investment advisers can direct the disposition of these shares on a shared basis.
Which State Street entities are involved in managing the Ameris Bancorp (ABCB) holdings?
The filing identifies SSGA Funds Management, Inc. and several State Street Global Advisors entities, including European and U.K. affiliates and State Street Global Advisors Trust Company, as the investment advisers connected to the reported holdings.
Is any other person reported to have rights to Ameris Bancorp (ABCB) dividends or sale proceeds from these shares?
The filing states “NOT APPLICABLE” for ownership of more than 5 percent on behalf of another person. No specific third party is identified as having rights to dividends or sale proceeds for the reported Ameris Bancorp holdings.