Wolfspeed (WOLF): State Street Corporation discloses 5% ownership position
Rhea-AI Filing Summary
State Street Corporation reported a passive ownership stake in Wolfspeed, Inc. common stock on a Schedule 13G. State Street and its investment advisory affiliates beneficially own 2,620,673 shares of Wolfspeed common stock, representing 5% of the class.
State Street reports no sole voting or dispositive power over these shares. It has shared voting power over 2,571,319 shares and shared dispositive power over 2,620,673 shares, reflecting holdings managed by entities such as SSGA Funds Management, Inc. and various State Street Global Advisors units.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 2,620,673 shares
Percent of class: 5%
Shared voting power: 2,571,319 shares
+3 more
6 metrics
Shares beneficially owned
2,620,673 shares
Wolfspeed, Inc. common stock reported by State Street Corporation
Percent of class
5%
Ownership percentage of Wolfspeed common stock
Shared voting power
2,571,319 shares
Shares over which State Street has shared voting power
Shared dispositive power
2,620,673 shares
Shares over which State Street has shared dispositive power
Sole voting power
0 shares
Wolfspeed shares with sole voting power reported by State Street
Sole dispositive power
0 shares
Wolfspeed shares with sole dispositive power reported by State Street
Key Terms
Schedule 13G, beneficially owned, shared voting power, dispositive power
4 terms
Schedule 13G regulatory
"State Street Corporation reported a passive ownership stake 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
"State Street and its affiliates beneficially own 2,620,673 shares of Wolfspeed common stock."
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.
dispositive power financial
"Shared dispositive power over 2,620,673 shares reflects authority to dispose or direct disposition."
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 ownership stake in WOLFSPEED INC (WOLF) does State Street report on this Schedule 13G?
State Street Corporation reports beneficial ownership of 2,620,673 shares of Wolfspeed, Inc. common stock, representing 5% of the outstanding class, as disclosed in the Schedule 13G filing.
Is the State Street position in WOLFSPEED INC (WOLF) reported as part of a group?
The Schedule 13G indicates Item 8 (group status) is not applicable and Item 9 (notice of dissolution of group) is not applicable, suggesting the stake is not reported as part of a filing group.