STOCK TITAN

Principal entities report NETSTREIT (NTST) combined 8.5% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

NETSTREIT Corp. ownership disclosure: Principal Global Investors, Principal Real Estate Investors and Principal Funds report a combined beneficial ownership of 9,279,255 shares, equal to 8.5% of Common Stock. The filing lists shared voting and dispositive power details, including 8,950,635 shares under shared power for Principal Real Estate Investors and 4,465,002 shares held by Principal Funds as of March 31, 2026.

Positive

  • None.

Negative

  • None.
Combined beneficial ownership 9,279,255 shares Item 4; reported combined position
Combined percent of class 8.5% Item 4; percent of outstanding common stock
Principal Real Estate Investors shared power 8,950,635 shares shared voting and dispositive power; listed as 8.2% in table
Principal Funds ownership (series) 4,465,002 shares Principal Real Estate Securities Fund held 4,465,002 shares as of March 31, 2026 (4.1%)
Principal Global Investors shared power 328,620 shares shared voting and dispositive power; listed as 0.3%
Beneficially owned regulatory
"Item 4. | Ownership (a) | Amount beneficially owned: 9,279,255"
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 Power regulatory
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 8,950,635.00"
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.
Schedule 13G/A regulatory
"CONTENT METADATA: "form_type": "SCHEDULE 13G/A""
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Dispositive Power regulatory
"7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 8,950,635.00"
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.





64119V303

(CUSIP Number)
03/31/2026

(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





SCHEDULE 13G





SCHEDULE 13G




Comment for Type of Reporting Person: Principal Funds, Inc. has reduced its beneficial ownership to less than 5% of the outstanding shares of the Issuer. As of March 31, 2026, the Principal Real Estate Securities Fund, a series to the Principal Funds, Inc., had ownership of 4,465,002 shares representing 4.1%.


SCHEDULE 13G



PRINCIPAL REAL ESTATE INVESTORS, LLC
Signature:/s/ J. Markham Penrod
Name/Title:J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:05/11/2026
PRINCIPAL GLOBAL INVESTORS
Signature:/s/ J. Markham Penrod
Name/Title:J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:05/11/2026
PRINCIPAL FUNDS, INC.
Signature:/s/ John L. Sullivan
Name/Title:John L. Sullivan, Counsel and Assistant Secretary
Date:05/11/2026
Exhibit Information

This statement is filed by Principal Global Investors LLC, Principal Real Estate Investors LLC, and Principal Funds Inc. jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.

FAQ

What stake does Principal report in NETSTREIT (NTST)?

Principal entities report beneficial ownership of 9,279,255 shares, representing 8.5% of NETSTREIT common stock. The figure appears in Item 4 of the Schedule 13G/A and reflects the combined position reported by the filing entities.

How many shares does Principal Real Estate Investors control in NETSTREIT?

Principal Real Estate Investors reports 8,950,635 shares under shared voting and dispositive power, shown as 8.2% of the class. This shared-power figure is listed in the filing's ownership breakdown.

What is Principal Funds, Inc.'s holding in NETSTREIT as of March 31, 2026?

Principal Funds, Inc. held 4,465,002 shares, representing 4.1% of the outstanding common stock as of March 31, 2026. The filing notes the Principal Real Estate Securities Fund held that series-level amount.

Does the filing show sole voting power for these Principal entities?

No. The filing reports 0 shares of sole voting power and sole dispositive power for each Principal entity; the positions are listed under shared voting and shared dispositive power instead.

When was this Schedule 13G/A signed and by whom?

The filing signatures show J. Markham Penrod signing for Principal Asset Management and John L. Sullivan as counsel; signature dates in the excerpt are 05/11/2026 for the parties who executed the amendment.