State Street Corporation (NYSE: STT) discloses 5.3% holding in Myriad Genetics
Rhea-AI Filing Summary
State Street Corporation reported beneficial ownership of common stock of Myriad Genetics, Inc.. State Street disclosed beneficial ownership of 4,985,060 shares of common stock, representing 5.3% of the class.
All voting and dispositive authority is held on a shared basis through asset management subsidiaries, with 4,866,068 shares having shared voting power and 4,985,060 shares having shared dispositive power, and no sole voting or dispositive power reported.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 4,985,060 shares
Percent of class: 5.3%
Shared voting power: 4,866,068 shares
+3 more
6 metrics
Beneficially owned shares
4,985,060 shares
Common stock of Myriad Genetics beneficially owned by State Street Corporation
Percent of class
5.3%
Percentage of Myriad Genetics common stock class held by State Street Corporation
Shared voting power
4,866,068 shares
Shares of Myriad Genetics with shared power to vote or direct the vote
Shared dispositive power
4,985,060 shares
Shares of Myriad Genetics with shared power to dispose or direct disposition
Sole voting power
0 shares
Shares of Myriad Genetics with sole power to vote
Sole dispositive power
0 shares
Shares of Myriad Genetics with sole power to dispose
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 4985060.00"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dispositive power does State Street Corporation report over Myriad Genetics (MYGN) shares?
State Street reports 0 shares with sole dispositive power and 4,985,060 shares with shared dispositive power. This means decisions to sell or otherwise dispose of these shares are made on a shared basis by its listed subsidiaries.