Millennium group discloses 5.4% stake in NETSTREIT (NYSE: NTST)
Rhea-AI Filing Summary
NETSTREIT Corp. Schedule 13G: Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander report joint beneficial ownership of 5,246,726 shares of common stock, equal to 5.4% of the class.
Shares outstanding were 97,073,872 as of February 6, 2026, and the filers report shared voting and shared dispositive power over the disclosed shares. The filing is submitted under a Joint Filing Agreement dated February 19, 2026.
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Insights
Large hedge fund group reports a 5.4% stake in NETSTREIT.
The filing shows Millennium Management LLC and affiliated entities together beneficially own 5,246,726 shares, representing 5.4% of common stock based on the issuer's disclosed 97,073,872 shares outstanding as of February 6, 2026. The ownership is reported as shared voting and dispositive power.
Holder actions and trading intent are not stated; subsequent filings would disclose any change in holdings. The joint filing and shared powers indicate centralized voting/investment discretion among the named parties.
Joint filing clarifies group status and control relationships.
The schedule specifies the filing is made jointly and references a Joint Filing Agreement dated February 19, 2026. It explains that securities are held by entities subject to voting control and investment discretion by Millennium Management LLC and related managers.
Reporting includes sole and shared power lines showing 0 sole and 5,246,726 shared voting/dispositive powers. This framing is typical for institutional groups and flags that decision authority is exercised collectively.
FAQ
Are the Millennium filings joint or separate for NETST ownership?
Does the Schedule 13G state whether Millennium intends to change its NETST position?
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