[SCHEDULE 13G] CVB Financial Corp SEC Filing
State Street Corporation reports beneficial ownership of 6,540,042 shares of CVB Financial Corp common stock, representing 4.7% of the outstanding class as of 06/30/2025. This holding is reported on a Schedule 13G and indicates shared dispositive power for 6,540,042 shares and shared voting power for 890,484 shares, with no sole voting or dispositive power recorded.
The filing lists several State Street-related investment-advisor entities (including SSGA Funds Management and State Street Global Advisors affiliates) as related subsidiaries. The reporting person certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.
- Transparent institutional disclosure: Schedule 13G reports a clear beneficial stake of 6,540,042 shares (4.7%).
- Passive ownership certified: Item 10 states the securities are held in the ordinary course of business and not to change or influence control.
- None.
Insights
TL;DR: State Street holds a modest, passive 4.7% stake (6.54M shares) in CVB Financial; disclosure improves transparency but is not materially disruptive.
State Street's Schedule 13G shows a 4.7% beneficial position with full shared dispositive control but no sole voting or dispositive power. For investors this signals institutional ownership without an expressed intent to influence control—typical for index or asset-manager holdings. The stake size is below thresholds that typically trigger activist concerns, so market-impact is likely limited unless position changes materially.
TL;DR: The filing is a routine passive ownership disclosure; shared voting power of 890,484 votes exists but no indication of control actions.
The Schedule 13G classification and the Item 10 certification indicate the position is held in the ordinary course of business and not to influence control. The presence of multiple State Street advisory subsidiaries listed in Item 7 is consistent with asset-manager custody and advisory structures. From a governance perspective, this disclosure notifies stakeholders of sizable institutional ownership while showing no immediate governance challenge or takeover intent.