State Street discloses 5.3% Travere Therapeutics (TVTX) stake as major holder
Rhea-AI Filing Summary
Travere Therapeutics Inc received a major shareholder disclosure from State Street Corporation, which reported beneficial ownership of 4,756,666 Travere common shares, representing 5.3% of the class as of December 31, 2025.
State Street reports shared voting power over 4,485,757 shares and shared dispositive power over 4,756,666 shares, with no sole voting or dispositive authority. The position is certified as held in the ordinary course of business and not for changing or influencing control of Travere.
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FAQ
What percentage of Travere Therapeutics (TVTX) does State Street’s holding represent?
State Street Corporation’s position represents 5.3% of Travere Therapeutics’ common stock. This percentage is based on 4,756,666 shares reported as beneficially owned. Crossing the 5% threshold requires public disclosure of holdings under SEC rules through a Schedule 13G or Schedule 13D filing.
As of what date are State Street’s Travere (TVTX) holdings reported?
The Travere Therapeutics holdings are reported as of December 31, 2025. That date is the event triggering the beneficial ownership disclosure, meaning State Street’s 5.3% position met reporting thresholds on or before then under applicable SEC Schedule 13G regulations.
Does State Street indicate any intent to influence control of Travere Therapeutics (TVTX)?
State Street certifies the Travere shares were acquired and are held in the ordinary course of business. It further states they were not acquired and are not held for changing or influencing control of Travere or as part of any control-related transaction.
Which State Street affiliates are identified in connection with the Travere (TVTX) holdings?
The disclosure lists several State Street Global Advisors entities linked to the holding. These include 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., each classified as an investment adviser.