State Street reports 6.1% stake in Power Integrations (POWI)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
State Street Corporation has filed a Schedule 13G reporting a passive ownership stake in Power Integrations Inc. common stock. It reports beneficial ownership of 3,400,970 shares, representing 6.1% of the outstanding class as of 12/31/2025.
State Street reports shared voting power over 3,216,719 shares and shared dispositive power over 3,400,970 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not for the purpose of influencing control of Power Integrations.
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FAQ
What stake does State Street hold in Power Integrations (POWI)?
State Street Corporation reports beneficial ownership of 3,400,970 shares of Power Integrations common stock, representing 6.1% of the outstanding class as of 12/31/2025. This level of ownership requires a Schedule 13G disclosure under SEC rules.
Is State Street’s position in Power Integrations (POWI) passive or active?
State Street characterizes its Power Integrations holdings as passive. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Power Integrations or participating in control-related transactions.
How much voting power does State Street report in Power Integrations (POWI)?
State Street reports shared voting power over 3,216,719 shares of Power Integrations common stock and no sole voting power. This means voting authority is exercised jointly through its affiliated investment management entities listed in the ownership section of the filing.
Which State Street affiliates are involved in the Power Integrations (POWI) holdings?
The filing identifies several investment adviser subsidiaries: SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, State Street Global Advisors Limited, State Street Global Advisors Trust Company, and State Street Global Advisors, Ltd. These entities manage the reported share positions.
When is the ownership information for State Street’s Power Integrations (POWI) stake effective?
The ownership data, including the 3,400,970 shares and 6.1% stake, is reported as of 12/31/2025, which is the event date triggering the Schedule 13G filing requirement. Subsequent changes in holdings would require additional filings if thresholds are met.
Who signed the Schedule 13G for State Street’s Power Integrations (POWI) position?
The Schedule 13G is signed by Elizabeth Schaefer, identified as Senior Vice President and Chief Accounting Officer of State Street Corporation. The signature certifies that the information provided about the Power Integrations ownership is true, complete, and correct to the best of her knowledge.