SCHEDULE: State Street Discloses 5% Stake in Rexford Industrial
Beneficial Ownership Report
State Street Corporation has reported a 5% beneficial ownership stake in Rexford Industrial Realty Inc., holding over 11.9 million shares.
Summary
- State Street Corporation, a Massachusetts-based parent holding company, has filed a Schedule 13G indicating beneficial ownership in Rexford Industrial Realty Inc.
- As of June 30, 2025, State Street Corporation beneficially owned an aggregate of 11,910,143 shares of Rexford Industrial Realty Inc.'s common stock.
- This ownership represents 5% of the class of securities.
- State Street Corporation holds shared voting power over 9,665,296 shares and shared dispositive power over 11,906,613 shares.
- The shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- The filing was signed on August 8, 2025, by Elizabeth Schaefer, Senior Vice President, Chief Accounting Officer of State Street Corporation.
- Several State Street Global Advisors subsidiaries are identified as entities through which the securities are acquired, including SSGA Funds Management, Inc., and various international State Street Global Advisors entities.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance. It is a neutral regulatory report.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Management Comments
- Securities referred to 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.
Industry Context
This filing indicates a significant institutional investment in Rexford Industrial Realty Inc., a company operating in the industrial real estate sector. Such disclosures are common for large asset managers like State Street, reflecting their portfolio allocations across various industries, including REITs, which are often sought for their income-generating potential and real estate exposure.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- For shareholders, the disclosure of a 5% stake by a major institutional investor like State Street Corporation can signal increased institutional confidence and liquidity in the stock.
- For the company, it indicates significant institutional interest in its common stock.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which required the filing of this statement (beneficial ownership threshold crossed or reporting period end). |
| 08/08/2025 | Date the Schedule 13G statement was signed. |
Keywords
Rexford Industrial Realty, State Street Corporation, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Real Estate Investment Trust, REIT, Industrial Real Estate
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