SCHEDULE: Principal Entities Adjust NETSTREIT Stake

Principal entities report changes in beneficial ownership of NETSTREIT Corp. common stock as of March 31, 2026.

Summary

• This filing reports on the beneficial ownership of NETSTREIT Corp. common stock by three Principal entities: Principal Real Estate Investors, LLC; Principal Global Investors; and Principal Funds, Inc.
• As of March 31, 2026, Principal Real Estate Investors, LLC holds 8,950,635 shares, representing 8.2% of the class.
• Principal Global Investors holds 328,620 shares, representing 0.3% of the class.
• Principal Funds, Inc. holds 4,465,002 shares, representing 4.1% of the class, and has reduced its beneficial ownership to less than 5%.
• The aggregate beneficial ownership across these entities is 9,279,255 shares, representing 8.5% of the class.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a routine disclosure of ownership adjustments by institutional investors without significant new strategic information or performance data.

Positives

• The filing indicates a significant, albeit adjusted, stake in NETSTREIT Corp. by substantial investment management entities.
• The aggregate ownership of 8.5% suggests continued confidence or strategic interest in NETSTREIT Corp. by the Principal group.

Negatives

• Principal Funds, Inc. has reduced its beneficial ownership, indicating a potential decrease in the overall Principal group's stake or a reallocation of assets.
• The reduction in ownership by Principal Funds, Inc. to below 5% might signal a shift in investment strategy or a response to market conditions.

Risks

• Potential for further reduction in beneficial ownership by any of the reporting entities, which could impact share price.
• Changes in investment strategies of large institutional holders can create market volatility.

Future Outlook

No specific forward-looking statements or guidance are provided in this Schedule 13G filing, which primarily reports on current beneficial ownership.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors crossing certain ownership thresholds. The adjustments in holdings by Principal entities reflect ongoing portfolio management within the Real Estate Investment Trust (REIT) sector, a segment often influenced by interest rate environments and economic growth prospects.

Stakeholder Impact

• Shareholders: The adjustments in ownership by large institutional investors can influence market perception and potentially share price, though the net change in aggregate ownership is relatively small.
• Management of NETSTREIT Corp.: The filing confirms the ongoing significant interest from major investment firms, which can be viewed positively for corporate stability and investor relations.

Next Steps

• Continued monitoring of ownership filings from Principal entities for any further changes in their stake in NETSTREIT Corp.

Key Dates

Keywords

NETSTREIT Corp., Schedule 13G, Beneficial Ownership, Principal Real Estate Investors, Principal Global Investors, Principal Funds, Common Stock, SEC Filing, Investment Management