BlackRock Portfolio Management (NTST) discloses 5.8% NETSTREIT stake in new ownership filing
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC reported a passive ownership stake in NETSTREIT Corp. common stock on a Schedule 13G. The firm beneficially owns 5,621,525 shares of NETSTREIT’s common stock, representing 5.8% of the outstanding class.
BlackRock Portfolio Management LLC has sole voting power over 3,486,601 shares and sole dispositive power over all 5,621,525 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client has more than five percent of NETSTREIT’s outstanding common shares.
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Key Figures
Beneficially owned shares: 5,621,525 shares
Ownership percentage: 5.8%
Sole voting power: 3,486,601 shares
+3 more
6 metrics
Beneficially owned shares
5,621,525 shares
Common stock beneficially owned by BlackRock Portfolio Management LLC
Ownership percentage
5.8%
Percent of NETSTREIT Corp. common stock class
Sole voting power
3,486,601 shares
Shares over which BlackRock Portfolio Management LLC has sole voting power
Shared voting power
0 shares
Shares over which BlackRock Portfolio Management LLC has shared voting power
Sole dispositive power
5,621,525 shares
Shares over which BlackRock Portfolio Management LLC has sole dispositive power
Shared dispositive power
0 shares
Shares over which BlackRock Portfolio Management LLC has shared dispositive power
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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
"Number of shares as to which the person has | (i) Sole power to vote or to direct the vote"
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
"Sole power to dispose or to direct the disposition of: 5621525"
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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of NETSTREIT Corp. (NTST) does BlackRock Portfolio Management LLC own?
BlackRock Portfolio Management LLC reports beneficial ownership of 5.8% of NETSTREIT Corp.’s common stock, representing 5,621,525 shares. This stake is detailed in a Schedule 13G filing indicating a passive investment position.
Do any single clients of BlackRock Portfolio Management LLC hold over 5% of NETSTREIT Corp. (NTST)?
No. While various persons have rights to receive dividends or sale proceeds for the NETSTREIT Corp. shares, no one person’s interest exceeds five percent of NETSTREIT’s total outstanding common shares, according to the filing disclosure.