SCHEDULE 13G/A: Washington State Investment Board Discloses Continued 2.1% Passive Stake in FTAI Aviation Ltd.
Beneficial Ownership Disclosure
The Washington State Investment Board has filed an amended Schedule 13G, reporting a 2.1% beneficial ownership stake in FTAI Aviation Ltd. as of December 31, 2024.
Summary
- The Washington State Investment Board (WSIB) filed Amendment No. 9 to its Schedule 13G regarding its holdings in FTAI Aviation Ltd.
- The filing indicates that as of December 31, 2024, WSIB beneficially owned 2,113,811 shares of FTAI Aviation Ltd. Common Stock (CUSIP G3730V105).
- This ownership represents 2.1% of the total class of securities.
- WSIB holds sole voting power over all 2,113,811 shares.
- WSIB holds sole dispositive power over 2,070,848 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of FTAI Aviation Ltd.
Sentiment
Score: 6
Explanation: The filing is a routine disclosure of a passive ownership stake by a large institutional investor, indicating continued confidence without suggesting any new strategic or financial developments for the issuer.
Positives
- The Washington State Investment Board, a significant institutional investor, maintains a passive beneficial ownership in FTAI Aviation Ltd., indicating continued institutional interest.
Future Outlook
NA
Industry Context
This filing is a routine ownership disclosure by an institutional investor and does not provide specific insights into broader industry trends or competitive dynamics within the aviation sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's passive stake, which may offer some stability perception.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date). |
| 02/14/2025 | Date of signature for the Schedule 13G filing. |
Keywords
FTAI Aviation Ltd., Washington State Investment Board, Schedule 13G, SEC filing, beneficial ownership, institutional investment, common stock, aviation
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