Van Eck Associates (SMR) discloses 8.5% NuScale Power stake via ETF holdings
Rhea-AI Filing Summary
Van Eck Associates Corporation filed Amendment No. 1 to report its beneficial ownership of 29,311,762 NuScale Power Corp Class A ordinary shares, representing 8.5% of the class. Van Eck reports sole voting and dispositive power over all these shares, with no shared power.
The VanEck Uranium and Nuclear ETF, an investment company registered under the Investment Company Act of 1940, has the right to receive dividends and sale proceeds from 19,974,830 of the shares reported by Van Eck Associates Corporation.
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Key Figures
Beneficial ownership: 29,311,762 shares
Percent of class: 8.5%
Sole voting power: 29,311,762 shares
+2 more
5 metrics
Beneficial ownership
29,311,762 shares
NuScale Power Corp Class A shares beneficially owned by Van Eck Associates Corporation
Percent of class
8.5%
Percentage of NuScale Power Corp Class A shares reported as beneficially owned
Sole voting power
29,311,762 shares
Shares over which Van Eck Associates Corporation has sole power to vote
Sole dispositive power
29,311,762 shares
Shares over which Van Eck Associates Corporation has sole power to dispose
ETF economic interest
19,974,830 shares
Shares for which VanEck Uranium and Nuclear ETF receives dividends and sale proceeds
Key Terms
beneficially owned, sole voting power, sole dispositive power, Investment Company Act of 1940, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 29,311,762"
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 voting power financial
"5 | Sole Voting Power 29,311,762.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"(iii) Sole power to dispose or to direct the disposition of: 29,311,762"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Company Act of 1940 regulatory
"an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
Schedule 13G/A regulatory
"form_type": "SCHEDULE 13G/A""
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
FAQ
What role does the VanEck Uranium and Nuclear ETF have in NuScale Power (SMR) holdings?
The VanEck Uranium and Nuclear ETF has the right to receive dividends and sale proceeds from 19,974,830 NuScale Power shares reported by Van Eck Associates Corporation, reflecting its economic interest in a large portion of the position.
What type of security in NuScale Power (SMR) is held by Van Eck Associates?
Van Eck Associates Corporation reports holdings in NuScale Power Ord Shs Class A. These are the Class A ordinary shares of NuScale Power Corp identified by CUSIP 67079K100 in the ownership disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.