State Street Corporation (NASDAQ: VRDN) discloses 5.5% Viridian Therapeutics ownership
Rhea-AI Filing Summary
State Street Corporation reported a significant ownership position in Viridian Therapeutics, Inc.6,124,976 shares of Viridian common stock, representing 5.5% of the class.
All voting and dispositive authority over these shares is reported as shared, with 5,894,254 shares subject to shared voting power and 6,124,976 shares subject to shared dispositive power, and no shares under sole power. The position is held through subsidiaries including SSGA Funds Management, Inc. and several State Street Global Advisors entities.
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Key Figures
Beneficially owned shares: 6,124,976 shares
Percent of class: 5.5%
Shared voting power: 5,894,254 shares
+3 more
6 metrics
Beneficially owned shares
6,124,976 shares
Common stock beneficially owned by State Street Corporation
Percent of class
5.5%
Percentage of Viridian Therapeutics common stock class held
Shared voting power
5,894,254 shares
Shares over which State Street has shared power to vote
Shared dispositive power
6,124,976 shares
Shares over which State Street has shared power to dispose
Sole voting power
0 shares
Shares with sole power to vote or direct the vote
Sole dispositive power
0 shares
Shares with sole power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, shared dispositive power, Investment Company Act of 1940, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 6124976.00"
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.
Investment Company Act of 1940 regulatory
"shareholders of 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.
investment adviser (IA) financial
"SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS"
An investment adviser (IA) is a person or firm that provides personalized guidance on buying, selling, or holding investments and often manages client portfolios for a fee. Investors should care because an IA has a legal duty to act in the client's best interest—think of them as a navigator who plans and steers your financial journey—so their advice, fee structure and potential conflicts can directly affect returns and financial risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Viridian Therapeutics (VRDN) does State Street own?
State Street Corporation reports owning 5.5% of the VRDN common stock class. This percentage is based on 6,124,976 beneficially owned shares, giving State Street a notable institutional position in the company.
Which State Street subsidiaries are associated with the VRDN holdings?
The VRDN holdings are associated with SSGA Funds Management, Inc. and several State Street Global Advisors entities, including Europe Limited, Limited, Trust Company, and Ltd., each classified as an investment adviser (IA).
What class of Viridian Therapeutics securities does State Street hold?
State Street’s reported position is in Viridian Therapeutics’ common stock, identified by CUSIP 92790C104. The Schedule 13G covers only this class of securities, not preferred stock or other instruments.