State Street Corporation (NYSE: STT) discloses 4.3% holding in NexPoint Residential Trust
Rhea-AI Filing Summary
State Street Corporation reported its beneficial ownership of common stock of NexPoint Residential Trust, Inc.. State Street reported beneficial ownership of 1,095,650 shares of common stock, representing 4.3% of the class.
State Street reported shared voting power over 1,018,494 shares and shared dispositive power over 1,095,650 shares, with no sole voting or dispositive power. The filing notes the position represents ownership of 5 percent or less of the outstanding common stock. Several State Street Global Advisors-affiliated investment adviser entities are identified as relevant subsidiaries.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 1,095,650 shares
Percent of class: 4.3%
Shared voting power: 1,018,494 shares
+3 more
6 metrics
Beneficially owned shares
1,095,650 shares
Common stock of NexPoint Residential Trust beneficially owned by State Street Corporation
Percent of class
4.3%
Percentage of NexPoint Residential Trust common stock class beneficially owned
Shared voting power
1,018,494 shares
Shares of NXRT common stock over which State Street has shared voting power
Shared dispositive power
1,095,650 shares
Shares of NXRT common stock over which State Street has shared dispositive power
Sole voting power
0 shares
NXRT shares over which State Street has sole power to vote or direct the vote
Sole dispositive power
0 shares
NXRT shares over which State Street has sole power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, shared dispositive power, dispositive power, +2 more
6 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1095650.00"
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.
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,095,650.00"
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.
Schedule 13G regulatory
"form_type: "SCHEDULE 13G""
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.
investment company regulatory
"A listing of the shareholders of an investment company registered under the Investment Company Act"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of NexPoint Residential Trust (NXRT) does State Street Corporation report owning?
State Street Corporation reports beneficial ownership of 4.3% of NexPoint Residential Trust’s common stock, representing 1,095,650 shares with shared dispositive power and 1,018,494 shares with shared voting power, and no sole voting or dispositive authority.
Does State Street’s position in NXRT exceed 5% of the class?
No. State Street reports that its beneficial ownership in NexPoint Residential Trust common stock represents 4.3% of the class, which is explicitly stated as ownership of 5 percent or less of the class under the relevant disclosure item.