State Street Corporation (NYSE: STT) discloses 5.1% beneficial stake in ADP
Rhea-AI Filing Summary
State Street Corporation reports beneficial ownership of 20,410,883 shares of Automatic Data Processing, Inc.5.1% of the class as of June 30, 2026. This stake crosses the 5% threshold that requires institutional investors to file a Schedule 13G.
State Street reports no sole voting or dispositive power over ADP shares. It has shared voting power over 12,817,993 shares and shared dispositive power over 20,389,160 shares, primarily through its asset management subsidiaries such as SSGA Funds Management, Inc. and various State Street Global Advisors entities in the U.S., Europe, Asia, and other regions.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 20,410,883 shares
Percent of class: 5.1%
Shared voting power: 12,817,993 shares
+2 more
5 metrics
Beneficial ownership
20,410,883 shares
ADP common stock beneficially owned by State Street Corporation
Percent of class
5.1%
Percentage of ADP common stock class beneficially owned
Shared voting power
12,817,993 shares
ADP shares over which State Street has shared power to vote
Shared dispositive power
20,389,160 shares
ADP shares over which State Street has shared power to dispose
Filing date signed
08/07/2026
Date signed by Senior Vice President, Chief Accounting Officer
Key Terms
beneficially owned, shared voting power, shared dispositive power, Investment Company Act of 1940, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 20410883.00"
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
"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.
investment adviser (IA) financial
"STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA)"
An investment adviser (IA) is a person or firm that provides personalized guidance on buying, selling, or holding investments and often manages client portfolios for a fee. Investors should care because an IA has a legal duty to act in the client's best interest—think of them as a navigator who plans and steers your financial journey—so their advice, fee structure and potential conflicts can directly affect returns and financial risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dispositive power over ADP stock does State Street Corporation disclose?
State Street discloses no sole dispositive power and shared dispositive power over 20,389,160 ADP shares. Shared dispositive power reflects authority, through subsidiaries, to direct how these shares may be disposed of.
Does State Street report any other person with rights to ADP dividends or sale proceeds?
No. Under Item 6, State Street states “NOT APPLICABLE”, indicating it does not identify any other person with the right to receive dividends or sale proceeds relating to more than 5% of the ADP share class.