State Street reports 9,984,403 shares (5%) in Park Hotels
PARK HOTELS & RESORTS INC: State Street Corporation reports beneficial ownership of 9,984,403 shares of Common Stock, representing 5% of the class as of 03/31/2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
PARK HOTELS & RESORTS INC: State Street Corporation reports beneficial ownership of 9,984,403 shares of Common Stock, representing 5% of the class as of 03/31/2026. The filing shows shared voting power for 8,603,011 shares and shared dispositive power for 9,984,403 shares. The Schedule 13G lists multiple State Street advisory subsidiaries as the reporting entities and is signed by Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer, on 05/12/2026.
Insights
Large passive stake disclosure: 9,984,403 shares (5%) reported by State Street.
State Street's Schedule 13G lists a 5% beneficial holding with shared voting power of 8,603,011 and shared dispositive power of 9,984,403 as of 03/31/2026. The filing names several State Street advisory subsidiaries as holders.
Because it is a 13G, this filing reflects an institutional ownership disclosure rather than an active acquisition. Subsequent filings could show changes if the position grows above passive thresholds or voting arrangements change.
Shared powers indicate advisory or custodial arrangements rather than sole control.
The filing attributes shared voting and dispositive powers to State Street and its subsidiaries, suggesting holdings managed across investment vehicles. Item text lists entities such as SSGA Funds Management, Inc. and several State Street Global Advisors affiliates.
Signatures and entity listings provide traceable attribution; governance impacts depend on whether holdings are passive or tied to client mandates, and the filing classifies the position under the passive 13G framework.
Key Figures
Key Terms
Schedule 13G regulatory
Beneficially Owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does State Street (PK) report in Park Hotels & Resorts?
Does the Schedule 13G indicate active control by State Street over PK?
Which State Street entities are named as holders in the filing?
Who signed the Schedule 13G for State Street and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.