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 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.
Positive
None.
Negative
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Key Figures
Beneficially owned shares:5,621,525 sharesOwnership percentage:5.8%Sole voting power:3,486,601 shares+3 more
Ownership percentage5.8%Percent of NETSTREIT Corp. common stock class
Sole voting power3,486,601 sharesShares over which BlackRock Portfolio Management LLC has sole voting power
Shared voting power0 sharesShares over which BlackRock Portfolio Management LLC has shared voting power
Sole dispositive power5,621,525 sharesShares over which BlackRock Portfolio Management LLC has sole dispositive power
Shared dispositive power0 sharesShares 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 ownedfinancial
"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 powerfinancial
"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 powerfinancial
"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 13Gregulatory
"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 companyfinancial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
How many NETSTREIT Corp. (NTST) shares does BlackRock Portfolio Management LLC control for voting?
BlackRock Portfolio Management LLC has sole voting power over 3,486,601 NETSTREIT Corp. common shares, with no shared voting power. It can vote or direct the vote for only this portion of its total reported holdings.
What is the total number of NETSTREIT Corp. (NTST) shares beneficially owned by BlackRock Portfolio Management LLC?
The firm beneficially owns 5,621,525 NETSTREIT Corp. common shares. It reports sole dispositive power over all of these shares and no shared dispositive power, reflecting control over how these shares may be sold or transferred.
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.
Is BlackRock Portfolio Management LLC’s NETSTREIT (NTST) stake held with shared dispositive power?
No. BlackRock Portfolio Management LLC reports sole dispositive power over 5,621,525 NETSTREIT shares and zero shared dispositive power. This means it alone can determine how those shares are disposed of on behalf of its clients.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NETSTREIT Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
64119V303
(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):
64119V303
1
Names of Reporting Persons
BlackRock Portfolio Management LLC
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,486,601.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
5,621,525.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,621,525.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NETSTREIT Corp.
(b)
Address of issuer's principal executive offices:
2021 MCKINNEY AVENUE, SUITE 1150 DALLAS TX 75201
Item 2.
(a)
Name of person filing:
BlackRock Portfolio Management LLC
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock Portfolio Management LLC, 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
64119V303
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:
5621525
(b)
Percent of class:
5.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
3486601
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
5621525
(iv) Shared power to dispose or to direct the disposition of:
0
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.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of NETSTREIT Corp.. No one person's interest in the common stock of NETSTREIT Corp. is more than five percent of the total outstanding common shares.
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.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
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.