State Street Corporation and its affiliate SSGA Funds Management, Inc. report beneficial ownership of NVE Corp common stock on a passive Schedule 13G. State Street reports beneficial ownership of 375,038 shares of common stock, representing 7.8% of the class. These shares are held with 0 sole voting or dispositive power, 368,754 shares of shared voting power, and 375,038 shares of shared dispositive power. Within this total, SSGA Funds Management, Inc. reports 278,530 shares beneficially owned, or 5.8% of the class, all with shared voting and dispositive power. The holdings are managed through investment adviser subsidiaries including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company.
Positive
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Negative
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Key Figures
State Street beneficial ownership:375,038 sharesState Street ownership percentage:7.8 %Shared voting power:368,754 shares+3 more
6 metrics
State Street beneficial ownership375,038 sharesBeneficially owned NVE Corp common stock; 7.8% of the class
State Street ownership percentage7.8 %Percent of NVE Corp common stock class reported as beneficially owned
Shared voting power368,754 sharesShares of NVE Corp over which shared voting power is reported
Shared dispositive power375,038 sharesShares of NVE Corp over which shared dispositive power is reported
SSGA beneficial ownership278,530 sharesShares of NVE Corp beneficially owned by SSGA Funds Management, Inc.
SSGA ownership percentage5.8 %Percent of NVE Corp common stock class beneficially owned by SSGA Funds Management, Inc.
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 powerfinancial
"6 | Shared Voting Power 368,754.00"
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.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 375,038.00"
parent holding companyfinancial
"Identification and Classification of the Subsidiary ... by the Parent Holding Company"
investment companyfinancial
"a listing of the shareholders of an investment company registered"
What percentage of NVE Corp (NVEC) does State Street Corporation report owning?
State Street Corporation reports beneficial ownership of 375,038 NVE Corp shares, representing 7.8% of the common stock class, all held with shared voting and dispositive power through its investment management affiliates.
How many NVE Corp (NVEC) shares does SSGA Funds Management, Inc. beneficially own?
SSGA Funds Management, Inc. reports beneficial ownership of 278,530 NVE Corp common shares, equal to 5.8% of the class, with all voting and dispositive authority characterized as shared rather than sole.
Does State Street have sole voting or dispositive power over its NVEC shares?
State Street reports no sole voting or dispositive power over NVE Corp shares. It lists 368,754 shares with shared voting power and 375,038 shares with shared dispositive power through affiliated advisers.
Which subsidiaries manage the NVE Corp (NVEC) holdings for State Street?
The filing identifies SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company as the investment adviser subsidiaries associated with the NVE Corp share ownership.
Is the NVE Corp (NVEC) Schedule 13G filing made on behalf of a group?
The report lists State Street Corporation and SSGA Funds Management, Inc. but states under the group-identification item that it is "NOT APPLICABLE", indicating no group filing status is asserted in that section.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NVE CORP
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
629445206
(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):
629445206
1
Names of Reporting Persons
STATE STREET CORPORATION
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
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
368,754.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
375,038.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
375,038.00
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)
7.8 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP Number(s):
629445206
1
Names of Reporting Persons
SSGA FUNDS MANAGEMENT, INC.
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
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
277,630.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
278,530.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
278,530.00
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)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
NVE CORP
(b)
Address of issuer's principal executive offices:
11409 VALLEY VIEW ROAD, EDEN PRAIRIE, MINNESOTA, 55344
Item 2.
(a)
Name of person filing:
SSGA FUNDS MANAGEMENT, INC.;STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES (FOR ALL REPORTING PERSONS)
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
629445206
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:
375038.00
(b)
Percent of class:
7.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
368,754
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
375,038
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.
NOT APPLICABLE
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.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
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.
