[SCHEDULE 13G] 3D Systems Corporation SEC Filing
Rhea-AI Filing Summary
SSGA Funds Management, Inc. and State Street Corporation reported Schedule 13G holdings in 3D Systems (DDD). State Street discloses beneficial ownership of 9,884,772 shares (7.2% of the class) with shared voting power of 9,667,876 and shared dispositive power of 9,884,772. SSGA Funds Management reports beneficial ownership of 7,344,375 shares (5.4% of the class) with shared voting power of 7,316,428 and shared dispositive power of 7,344,375.
Both filers certify the securities are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control. The filing identifies several State Street affiliates through which holdings are held.
Positive
- State Street reports material beneficial ownership of 9,884,772 shares, representing 7.2% of the class
- SSGA reports material beneficial ownership of 7,344,375 shares, representing 5.4% of the class
- Both filers state holdings are held in the ordinary course of business and not for the purpose of changing control
Negative
- None.
Insights
TL;DR: Major institutional stakes disclosed: State Street ~7.2% and SSGA ~5.4% of 3D Systems, indicating notable passive institutional ownership.
The filing documents material, passive positions by two State Street-related reporting persons totaling disclosed beneficial ownerships of 9,884,772 shares (7.2%) and 7,344,375 shares (5.4%). Both report shared voting and shared dispositive powers rather than sole control, and both certify holdings are in the ordinary course of business and not intended to change control. For investors, this confirms significant institutional exposure but no stated activism or control intent in the filing.
TL;DR: Schedule 13G shows institutional ownership above 5% but explicitly denies intent to influence control; governance risks appear unchanged by this filing.
The report identifies State Street and SSGA as holders with shared voting and dispositive powers rather than sole control. The filers assert the holdings are not for influencing issuer control. The disclosure is material because each holder exceeds the 5% threshold, triggering reporting obligations, but the filing provides no indication of planned governance actions or nominations.