TIAA-CREF Investment Management (PWP) discloses 5.07% Perella Weinberg stake in 13G
Rhea-AI Filing Summary
TIAA-CREF Investment Management, LLC, a Delaware entity, reports a passive ownership stake in Perella Weinberg Partners common stock on a Schedule 13G. TCIM states that it beneficially owns 3,601,078 shares, representing 5.07% of the outstanding common stock. Of this position, TCIM reports sole power to vote and dispose of 1,425,334 shares and no shared voting or dispositive power. The filing notes that other persons may have rights to receive dividends or sale proceeds with respect to these securities, as further described in an attached exhibit.
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Key Figures
Beneficial ownership: 3,601,078 shares
Percent of class: 5.07%
Sole voting power: 1,425,334 shares
+3 more
6 metrics
Beneficial ownership
3,601,078 shares
Shares of Perella Weinberg Partners common stock beneficially owned by TIAA-CREF Investment Management, LLC
Percent of class
5.07%
Percentage of Perella Weinberg Partners common stock class beneficially owned by TIAA-CREF Investment Management, LLC
Sole voting power
1,425,334 shares
Shares over which TIAA-CREF Investment Management, LLC has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which TIAA-CREF Investment Management, LLC has shared power to vote or direct the vote
Sole dispositive power
1,425,334 shares
Shares over which TIAA-CREF Investment Management, LLC has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which TIAA-CREF Investment Management, LLC has shared power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, sole power to vote, dispositive power
4 terms
Schedule 13G regulatory
"reports a passive ownership stake in Perella Weinberg Partners common stock on a 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.
beneficially owned financial
"Amount beneficially owned: 3,601,078 (b) | Percent of class: 5.07%"
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.
sole power to vote financial
"sole power to vote or to direct the vote: 1,425,334"
dispositive power financial
"sole power to dispose or to direct the disposition of: 1,425,334"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Perella Weinberg Partners (PWP) does TIAA-CREF Investment Management LLC report owning?
TIAA-CREF Investment Management, LLC reports beneficial ownership of 5.07% of Perella Weinberg Partners common stock, corresponding to 3,601,078 shares as disclosed in its Schedule 13G filing.