SCHEDULE: Principal Investors Report 9.6% Stake in NETSTREIT Corp.

Principal Real Estate Investors, LLC and Principal Global Investors have jointly reported a beneficial ownership of 9.6% in NETSTREIT Corp. common stock as of June 30, 2026.

Summary

• Principal Real Estate Investors, LLC and Principal Global Investors have filed a Schedule 13G, indicating a combined beneficial ownership of 9,364,144 shares of NETSTREIT Corp. common stock.
• This ownership stake represents 9.6% of the total class of securities.
• The filing is an amendment (Amendment No. 5) and the event date requiring the filing is June 30, 2026.
• Both entities are organized in Delaware and are classified as Investment Advisers (IA).
• The filing confirms 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.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a significant but expected ownership stake by institutional investors. There are no immediate positive or negative performance indicators, but the substantial holding suggests confidence in the company's long-term prospects.

Positives

• Significant institutional ownership by Principal Real Estate Investors, LLC and Principal Global Investors, totaling 9.6% of NETSTREIT Corp. common stock.
• The reporting entities are established investment managers, suggesting a degree of confidence in NETSTREIT's business model and future prospects.
• The filing confirms that the holdings are for ordinary course of business, not for control purposes, which is standard for institutional investors.

Negatives

• No specific financial performance data or operational updates are provided in this Schedule 13G filing, limiting the assessment of current company health.
• The filing is an amendment, suggesting previous reporting and potentially ongoing adjustments to the ownership stake, though details are not provided.

Risks

• Concentration of ownership: A significant portion of shares is held by a few institutional investors, which could influence corporate decisions.
• Market volatility: As with any stock, NETSTREIT Corp. is subject to broader market fluctuations and economic downturns that could impact its share price and the value of the investment.
• Changes in investment strategy: The reporting entities could alter their investment strategy, leading to a sale of shares and potential downward pressure on the stock price.

Future Outlook

This filing does not contain forward-looking statements or specific guidance regarding future performance. It is a disclosure of beneficial ownership.

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 significant institutional ownership, as reported here for NETSTREIT Corp., is common in the Real Estate Investment Trust (REIT) sector. Large investment firms often build substantial stakes in companies they believe offer stable income and growth potential. This filing indicates that Principal Real Estate Investors and Principal Global Investors view NETSTREIT favorably within the current real estate investment landscape.

Stakeholder Impact

• Shareholders: The substantial stake held by institutional investors may provide a degree of stability to the stock price, but also indicates potential influence on corporate governance and strategic decisions.
• Management: The significant ownership by Principal entities may lead to increased scrutiny or engagement on strategic initiatives.
• Creditors: Stable institutional ownership can be viewed positively by creditors as it suggests a commitment to the company's long-term viability.

Next Steps

• The reporting entities will continue to hold and potentially adjust their beneficial ownership of NETSTREIT Corp. common stock.
• Future amendments to this Schedule 13G will be filed if ownership levels change significantly.

Key Dates

Keywords

NETSTREIT Corp., Schedule 13G, Principal Real Estate Investors, Principal Global Investors, Beneficial Ownership, Institutional Investor, Common Stock, Investment Adviser