Crescent Energy (CRGY): State Street discloses 16.6M-share, 5% ownership stake
Rhea-AI Filing Summary
State Street Corporation reports beneficial ownership of Crescent Energy common stock. The filing states that State Street and affiliated investment adviser subsidiaries beneficially own 16,551,114 Crescent Energy shares, representing 5% of the common stock class.
The group reports 0 shares with sole voting or dispositive power and 16,351,689 shares with shared voting power and 16,551,114 shares with shared dispositive power. The position is held through subsidiaries including SSGA Funds Management and several State Street Global Advisors entities.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 16,551,114 shares
Ownership percentage: 5 %
Shared voting power: 16,351,689 shares
+3 more
6 metrics
Beneficially owned shares
16,551,114 shares
Crescent Energy common stock reported by State Street Corporation
Ownership percentage
5 %
Percent of Crescent Energy common stock class beneficially owned
Shared voting power
16,351,689 shares
Shares over which State Street has shared voting power
Sole voting power
0 shares
Shares over which State Street has sole voting power
Shared dispositive power
16,551,114 shares
Shares over which State Street has shared dispositive power
Sole dispositive power
0 shares
Shares over which State Street has sole dispositive power
Key Terms
beneficially owned, shared voting power, dispositive power, Investment Company Act of 1940, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 16551114.00"
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
"Shared Dispositive Power 16,551,114.00"
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.
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.
employee benefit plan financial
"beneficiaries of employee benefit plan, pension fund or endowment fund"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Crescent Energy (CRGY) does State Street beneficially own?
State Street Corporation reports beneficial ownership of 5% of Crescent Energy’s common stock. This percentage is based on 16,551,114 shares beneficially owned, as disclosed in the Schedule 13G filing for Crescent Energy.
Who signed the Crescent Energy (CRGY) ownership report for State Street?
The Schedule 13G was signed by Elizabeth Schaefer, identified as Senior Vice President and Chief Accounting Officer. Her signature certifies State Street Corporation’s reported beneficial ownership and related voting and dispositive power disclosures for Crescent Energy common stock.