SCHEDULE: State Street Discloses 5.2% Stake in National Bank Holdings

State Street Corporation has reported beneficial ownership of 5.2% of National Bank Holdings Corp. common stock as of June 30, 2026.

Summary

• State Street Corporation, through its subsidiaries, has filed a Schedule 13G indicating beneficial ownership of 2,319,666 shares of National Bank Holdings Corp. common stock.
• This represents 5.2% of the class of securities outstanding.
• The filing date is August 7, 2026, with the event requiring the filing occurring on June 30, 2026.
• State Street Corporation is classified as a holding company (HC) and is filing under Rule 13d-1(b).
• The filing details shared voting power of 328,210 shares and shared dispositive power over 2,319,666 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, indicating a significant but not controlling stake by a major institutional investor, which is typical for a Schedule 13G filing.

Positives

• State Street Corporation, a significant institutional investor, has taken a notable stake in National Bank Holdings Corp., which can be seen as a vote of confidence.
• The ownership percentage of 5.2% suggests a substantial investment without crossing into controlling interest, which is typical for passive institutional holdings.

Negatives

• The filing does not contain any negative financial performance indicators or operational challenges for National Bank Holdings Corp.

Risks

• As a Schedule 13G filing, it primarily reports ownership and does not inherently detail specific risks related to National Bank Holdings Corp.'s operations or market position.

Future Outlook

This filing is a snapshot of ownership as of a specific date and does not contain forward-looking statements or guidance regarding National Bank Holdings Corp.'s future performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for large institutional investors like State Street Corporation, indicating passive investment strategies. The 5.2% stake in National Bank Holdings Corp. places State Street among significant shareholders, but not in a position to control the company.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's presence, which may be viewed positively by other shareholders.
• Management: The passive nature of the holding suggests no immediate intent to influence control, allowing management to continue with its strategic plans.
• Creditors: No direct impact is indicated by this ownership filing.

Next Steps

• State Street Corporation will continue to hold its shares in National Bank Holdings Corp. in the ordinary course of business.
• Future filings will be made if ownership levels change significantly or as required by SEC regulations.

Key Dates

Keywords

National Bank Holdings Corp, State Street Corporation, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Securities Ownership