BK.NYSEBank of New York Mellon CORP
SCHEDULE: Bank of New York Mellon Corp Reports 6.7% Stake in Voya Financial, Inc.
Sentiment:
Schedule 13G Filing
Bank of New York Mellon Corp reports beneficial ownership of 6.7% of Voya Financial, Inc.'s common stock as of December 31, 2024.
Summary
- Bank of New York Mellon Corp has filed a Schedule 13G with the SEC, reporting its ownership stake in Voya Financial, Inc.
- As of December 31, 2024, Bank of New York Mellon Corp beneficially owns 6,472,277 shares of Voya Financial's common stock, representing 6.7% of the class.
- BNY Mellon IHC, LLC and MBC Investments Corp, direct or indirect subsidiaries of The Bank of New York Mellon Corporation, each beneficially own 5,023,328 shares, representing 5.2% of the class.
- The filing indicates the shares are held in various fiduciary capacities by The Bank of New York Mellon Corporation and its subsidiaries.
- The filing includes exhibits identifying the subsidiaries that acquired the securities and a joint filing agreement.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It provides factual information about ownership stake.
Positives
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
Industry Context
This filing is a routine disclosure required by the SEC for entities holding significant positions in publicly traded companies. It reflects the investment activities of Bank of New York Mellon Corp and its subsidiaries.
Comparison to Industry Standards
- Schedule 13G filings are standard practice for institutional investors like Bank of New York Mellon when their ownership stake exceeds 5% of a company's outstanding shares.
- Comparable filings can be seen from other major asset managers such as BlackRock, Vanguard, and State Street when they hold similar positions in other publicly traded companies.
- The level of detail provided in this filing is consistent with industry norms for Schedule 13G disclosures.
Stakeholder Impact
- The filing informs shareholders of Voya Financial, Inc. about the ownership stake of a major institutional investor.
- It provides transparency regarding the holdings of Bank of New York Mellon Corp.
Key Dates
| Date | Description |
|---|---|
| 2015-07-15 | Date of Power of Attorney execution by Walter Scott & Partners Limited |
| 2015-07-17 | Date of Power of Attorney execution by Newton Management Limited and Newton Investment Management Limited |
| 2015-08-15 | Date of Power of Attorney execution by BNY International Financing Corporation |
| 2015-08-26 | Date of Power of Attorney execution by The Bank of New York Mellon |
| 2015-08-27 | Date of Joint Filing Agreement execution by The Bank of New York Mellon |
| 2015-09-16 | Date of Power of Attorney and Joint Filing Agreement execution by BNY Mellon, National Association |
| 2015-09-18 | Date of Power of Attorney execution by The Bank of New York Mellon |
| 2015-10-07 | Date of Power of Attorney execution by Mellon Overseas Investment Corporation |
| 2015-10-09 | Date of Power of Attorney and Joint Filing Agreement execution by BNY Mellon, National Association |
| 2015-10-19 | Date of Power of Attorney and Joint Filing Agreement execution by BNY Mellon Trust of Delaware |
| 2015-10-20 | Date of Power of Attorney and Joint Filing Agreement execution by The Bank of New York Mellon Trust Company, National Association |
| 2015-10-21 | Date of Power of Attorney and Joint Filing Agreement execution by B.N.Y. Holdings (Delaware) Corporation, BNY Mellon Investment Management Europe Holdings Limited, BNY Mellon Investment Management (Jersey)Limited |
| 2015-10-24 | Date of Power of Attorney execution by BNY Capital Markets Holdings, Inc. |
| 2016-01-04 | Date of Power of Attorney execution by ARX Investimentos LTDA |
| 2016-02-14 | Date of Power of Attorney execution by Insight Investment International Limited |
| 2016-02-16 | Date of Power of Attorney execution by Insight Investment Management (Global) Limited and Insight Investment Management Corporation Limited |
| 2016-03-08 | Date of Power of Attorney and Joint Filing Agreement execution by The Bank of New York Mellon Trust Company, National Association |
| 2016-03-17 | Date of Power of Attorney and Joint Filing Agreement execution by The Bank of New York Mellon Corporation |
| 2016-03-29 | Date of Power of Attorney execution by BNY Mellon IHC, LLC |
| 2016-04-19 | Date of Power of Attorney and Joint Filing Agreement execution by BNY Mellon Investment Management (APAC) Holdings Limited |
| 2016-04-29 | Date of Power of Attorney execution by MBC Investments Corporation |
| 2016-05-05 | Date of Power of Attorney execution by BNY Mellon Servicos Financeiros Distribuidora de Titulos e Valores Mobiliarios S.A. and BNY Mellon Participacoes LTDA |
| 2016-05-11 | Date of Power of Attorney and Joint Filing Agreement execution by Pershing Group LLC |
| 2016-05-12 | Date of Power of Attorney execution by BNY International Financing Corporation |
| 2016-05-17 | Date of Power of Attorney and Joint Filing Agreement execution by The Bank of New York Mellon SA/NV and BNY Mellon Trust Company (Cayman) Limited |
| 2016-05-24 | Date of Power of Attorney and Joint Filing Agreement execution by Pershing LLC |
| 2016-06-03 | Date of Power of Attorney execution by BNY Mellon Investment Adviser, Inc and BNY Mellon Securities Corporation |
| 2016-06-29 | Date of Power of Attorney execution by Mellon Global Investing Corporation |
| 2016-08-15 | Date of Power of Attorney execution by BNY International Financing Corporation |
| 2016-10-19 | Date of Power of Attorney execution by BNY Mellon Capital Markets, LLC |
| 2016-12-07 | Date of Power of Attorney execution by Insight North America LLC |
| 2017-03-29 | Date of Power of Attorney execution by BNY Mellon IHC, LLC |
| 2018-02-14 | Date of Power of Attorney execution by Insight Investment International Limited |
| 2018-06-29 | Date of Power of Attorney execution by Mellon Global Investing Corporation |
| 2019-01-10 | Date of Power of Attorney execution by Mellon Investments Corporation |
| 2019-06-03 | Date of Power of Attorney execution by BNY Mellon Investment Adviser, Inc and BNY Mellon Securities Corporation |
| 2019-12-04 | Date of Power of Attorney execution by BNY Mellon ETF Investment Adviser, LLC |
| 2020-04-10 | Date of Power of Attorney execution by BNY Mellon Investment Management Japan Limited |
| 2021-08-20 | Date of Power of Attorney execution by Newton Investment Management North America, LLC |
| 2023-02-02 | Date of Power of Attorney execution by Newton Investment Management Japan LTD |
| 2023-06-15 | Date of Power of Attorney execution by BNY Mellon Advisors, Inc. |
| 2024-12-31 | Date of event which requires filing of this statement |
| 2025-01-23 | Date of signature for Bank of New York Mellon Corp, BNY Mellon IHC, LLC, and MBC Investments Corp |
Keywords
Schedule 13G, Voya Financial, Bank of New York Mellon, Beneficial Ownership, Common Stock, SEC Filing
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