McEwen Inc. has a new institutional ownership disclosure showing that entities affiliated with State Street Corporation hold a significant position in the company’s common stock. As of June 30, 2026, State Street Corporation reports beneficial ownership of 4,254,591 shares, representing 7.1% of the common stock, with shared voting power over 4,157,537 shares and shared dispositive power over 4,254,591 shares, and no sole voting or dispositive power.
Separately, SSGA Funds Management, Inc., also based in Massachusetts, reports beneficial ownership of 3,296,236 shares, or 5.5% of the class, with shared voting power over 3,290,136 shares and shared dispositive power over 3,296,236 shares. Several State Street asset management and trust subsidiaries are identified as the entities through which these holdings are maintained.
Positive
None.
Negative
None.
Key Figures
State Street beneficial ownership:4,254,591 sharesState Street ownership percentage:7.1%State Street shared voting power:4,157,537 shares+3 more
6 metrics
State Street beneficial ownership4,254,591 sharesBeneficially owned common stock of McEwen Inc, representing 7.1% of the class
State Street ownership percentage7.1%Percent of McEwen Inc common stock class reported by State Street Corporation
State Street shared voting power4,157,537 sharesShares of McEwen Inc with shared power to vote or direct the vote
SSGA Funds beneficial ownership3,296,236 sharesBeneficially owned McEwen Inc common shares reported by SSGA Funds Management, Inc.
SSGA ownership percentage5.5%Percent of McEwen Inc common stock class reported by SSGA Funds Management, Inc.
SSGA shared voting power3,290,136 sharesShares of McEwen Inc with shared power to vote or direct the vote by SSGA
Key Terms
beneficially owned, shared voting power, dispositive power, Investment Company Act of 1940
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.
shared voting powerfinancial
"Shared Voting Power 4,157,537.00 7 | Sole Dispositive Power 0.00 8 | Shared Dispositive"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive powerfinancial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 4,254,591.00"
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 1940regulatory
"shareholders of 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.
What percentage of McEwen Inc (MUX) shares does State Street Corporation report owning?
State Street Corporation reports beneficial ownership of 4,254,591 McEwen Inc shares, representing 7.1% of the common stock. This interest is held with shared voting and dispositive power through affiliated asset management and trust entities.
How many McEwen Inc (MUX) shares does SSGA Funds Management, Inc. beneficially own?
SSGA Funds Management, Inc. reports beneficial ownership of 3,296,236 McEwen Inc shares, equal to 5.5% of the common stock. It has shared voting power over 3,290,136 shares and shared dispositive power over all 3,296,236 shares.
What voting powers do State Street entities report over McEwen Inc (MUX) stock?
State Street entities report no sole voting power over McEwen Inc shares but shared voting power for 4,157,537 shares at the State Street Corporation level and 3,290,136 shares at SSGA Funds Management, Inc., reflecting their institutional asset management role.
Do State Street entities report dispositive power over McEwen Inc (MUX) shares?
Yes. State Street Corporation reports shared dispositive power over 4,254,591 shares of McEwen Inc, while SSGA Funds Management, Inc. reports shared dispositive power over 3,296,236 shares, with no sole dispositive power reported by either entity.
Which subsidiaries hold McEwen Inc (MUX) shares for State Street?
The disclosure identifies several affiliated entities, including SSGA Funds Management, Inc., State Street Bank and Trust Company, and multiple State Street Global Advisors entities, as the subsidiaries through which the McEwen Inc holdings are maintained.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MCEWEN INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
58039P305
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
58039P305
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,157,537.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,254,591.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,254,591.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
58039P305
1
Names of Reporting Persons
SSGA FUNDS MANAGEMENT, INC.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,290,136.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,296,236.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,296,236.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.5 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MCEWEN INC
(b)
Address of issuer's principal executive offices:
150 KING STREET WEST SUITE 2800, TORONTO, ONTARIO, CANADA, M5H 1J9
Item 2.
(a)
Name of person filing:
SSGA FUNDS MANAGEMENT, INC.;STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES (FOR ALL REPORTING PERSONS)
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
58039P305
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
4254591.00
(b)
Percent of class:
7.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
4,157,537
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
4,254,591
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET BANK AND TRUST COMPANY (BK);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
