State Street Corporation (NYSE: STT) discloses 5.5% holding in Cogent Communications
Rhea-AI Filing Summary
State Street Corporation reports beneficial ownership of 2,779,396 shares of Cogent Communications Holdings Inc. common stock, representing 5.5% of the class. It has shared voting power over 2,637,355 shares and shared dispositive power over all 2,779,396 shares, with no sole voting or dispositive power. The position is held through several asset management and trust subsidiaries, including SSGA Funds Management, Inc. and State Street Global Advisors entities.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 2,779,396 shares
Percent of class: 5.5%
Shared voting power: 2,637,355 shares
+3 more
6 metrics
Beneficially owned shares
2,779,396 shares
Common stock of Cogent Communications beneficially owned by State Street Corporation
Percent of class
5.5%
Portion of Cogent Communications common stock class held by State Street Corporation
Shared voting power
2,637,355 shares
Shares of Cogent Communications over which State Street has shared voting power
Shared dispositive power
2,779,396 shares
Shares of Cogent Communications over which State Street has shared dispositive power
Sole voting power
0 shares
Shares of Cogent Communications over which State Street has sole voting power
Sole dispositive power
0 shares
Shares of Cogent Communications over which State Street has sole dispositive power
Key Terms
beneficially owned, shared voting power, dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 2779396.00"
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.
dispositive power financial
"power to dispose or to direct the disposition of: 2,779,396"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company financial
"If a parent holding company has filed this schedule"
investment company financial
"shareholders of an investment company registered under the Investment Company Act of 1940"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is State Street Corporation’s dispositive power over Cogent Communications (CCOI) shares?
State Street Corporation has shared dispositive power over 2,779,396 shares of Cogent Communications common stock and no sole dispositive power over any shares.
Is State Street Corporation part of a group for its Cogent Communications (CCOI) holding?
The disclosure indicates “NOT APPLICABLE” for identification of members of a group, meaning the reported ownership is not filed as part of a group arrangement.