Van Eck Associates discloses 8.7% Centrus Energy (LEU) stake in updated filing
Rhea-AI Filing Summary
Van Eck Associates Corporation reports beneficial ownership of Centrus Energy Corp Class A common stock. The firm holds 1,651,915 shares, representing 8.7% of the class, with sole voting and dispositive power over all reported shares.
The VanEck Uranium and Nuclear ETF has the right to receive dividends and sale proceeds from 1,265,711 of these shares, while Van Eck Associates retains the reporting responsibility as the institutional investment manager.
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Key Figures
Beneficial ownership percentage: 8.7%
Shares beneficially owned: 1,651,915 shares
Sole voting power: 1,651,915 shares
+2 more
5 metrics
Beneficial ownership percentage
8.7%
Percent of Centrus Energy Class A shares beneficially owned by Van Eck Associates
Shares beneficially owned
1,651,915 shares
Total Centrus Energy Class A shares reported by Van Eck Associates
Sole voting power
1,651,915 shares
Shares over which Van Eck Associates has sole power to vote
ETF-linked shares
1,265,711 shares
Shares whose dividends and sale proceeds are tied to the VanEck Uranium and Nuclear ETF
CUSIP
15643U104
CUSIP for Centrus Energy Ord Shs Class A
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Investment Company Act of 1940
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,651,915"
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.
Sole Voting Power financial
"5 | Sole Voting Power 1,651,915.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 1,651,915.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Company Act of 1940 regulatory
"an 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.
FAQ
Which VanEck fund is linked to the Centrus Energy (LEU) position?
The VanEck Uranium and Nuclear ETF has rights to dividends and sale proceeds from 1,265,711 of the Centrus Energy shares reported by Van Eck Associates, while the manager remains the beneficial owner of record.
What is the nature of Van Eck Associates’ dispositive power in Centrus Energy (LEU)?
Van Eck Associates has sole dispositive power over 1,651,915 shares of Centrus Energy Class A stock, with no shared dispositive power, meaning it alone directs decisions to sell or otherwise dispose of the reported shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.