State Street discloses 5.3% Masco Corp (NYSE: MAS) ownership stake
Rhea-AI Filing Summary
State Street Corporation filed as a large shareholder of Masco Corp, reporting beneficial ownership of 10,737,096 shares of Masco common stock, representing 5.3% of the class. State Street reports 0 shares with sole voting or dispositive power, but 7,099,032 shares with shared voting power and 10,726,032 shares with shared dispositive power.
The position is held through multiple investment management subsidiaries, including various State Street Global Advisors entities in the U.S., Europe, Asia, Australia, Singapore, Japan, and Saudi Arabia. The filing indicates that no other person is known to have the right to receive dividends or sale proceeds for more than 5% of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 10,737,096 shares
Percent of class: 5.3%
Shared voting power: 7,099,032 shares
+3 more
6 metrics
Beneficial ownership
10,737,096 shares
Masco Corp common stock beneficially owned by State Street Corporation
Percent of class
5.3%
Portion of Masco Corp common stock class reported as beneficially owned
Shared voting power
7,099,032 shares
Masco shares over which State Street has shared power to vote
Shared dispositive power
10,726,032 shares
Masco shares over which State Street has shared power to dispose
Sole voting power
0 shares
Masco shares over which State Street has sole voting authority
Sole dispositive power
0 shares
Masco shares over which State Street has sole dispositive authority
Key Terms
beneficially owned, shared voting power, shared dispositive power, dispositive power, +2 more
6 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 10737096.00"
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"
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 financial
"shareholders of an investment company registered under the Investment Company Act"
beneficiaries of 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 dispositive powers does State Street Corporation have over Masco Corp (MAS) stock?
State Street reports 0 shares with sole dispositive power and 10,726,032 shares with shared dispositive power in Masco Corp, meaning affiliated managers can jointly decide on selling or otherwise disposing of these shares.
Which subsidiaries of State Street are associated with the Masco Corp (MAS) holdings?
The filing lists multiple State Street Global Advisors entities, including SSGA Funds Management, Inc. and regional affiliates in Japan, Asia, Europe, Singapore, Australia, Saudi Arabia, and the U.K., as the investment advisers tied to the holdings.