SCHEDULE: State Street Discloses 6.7% Stake in Par Pacific Holdings

State Street Corporation has reported beneficial ownership of 6.7% of Par Pacific Holdings Inc.'s common stock as of June 30, 2026.

Summary

• State Street Corporation has filed a Schedule 13G, indicating it beneficially owns 3,345,818 shares of Par Pacific Holdings Inc. common stock.
• This ownership represents 6.7% of the class of securities.
• The filing date for this event is June 30, 2026.
• State Street Corporation is identified as a holder of more than 5% of the class of securities.
• The filing is made under Rule 13d-1(b) of the Securities Exchange Act of 1934.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership without significant new strategic or financial information.

Positives

• State Street Corporation's increased or maintained stake suggests confidence in Par Pacific Holdings' long-term prospects.
• A significant institutional investor like State Street holding a substantial position can provide stability and credibility to the company.

Negatives

• The filing does not provide any new financial performance data or strategic updates for Par Pacific Holdings.
• The information is purely a disclosure of beneficial ownership, offering no insight into the reasons behind the stake.

Risks

• Potential for future changes in State Street's ownership percentage, which could impact market sentiment.
• The filing does not detail any specific risks related to Par Pacific Holdings' operations or market position.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Par Pacific Holdings. It is a disclosure of ownership by State Street Corporation.

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 holdings, as disclosed in Schedule 13G filings, are common in the energy sector, reflecting investor interest in companies like Par Pacific Holdings. This filing indicates State Street Corporation's ongoing engagement with the company.

Comparison to Industry Standards

• Institutional ownership of 5-10% is a common benchmark for significant stakes in publicly traded companies within the energy sector.
• Companies like Par Pacific Holdings typically attract a mix of institutional and retail investors; a 6.7% stake by a major custodian bank like State Street is substantial.
• Competitors in the energy infrastructure and refining space often see similar levels of institutional investment, though specific percentages vary based on company size and market capitalization.

Stakeholder Impact

• Shareholders: May view State Street's significant stake as a positive indicator of institutional confidence, potentially supporting share price.
• Creditors: The stability provided by a large institutional holder could be seen as a positive factor for the company's financial standing.
• Management: The filing confirms a significant shareholder's position, which may influence future corporate governance discussions.

Next Steps

• State Street Corporation will continue to hold or potentially adjust its beneficial ownership of Par Pacific Holdings' common stock.
• Par Pacific Holdings will continue its operations and report future financial results and strategic updates as per its regular SEC filing schedule.

Key Dates

Keywords

Par Pacific Holdings, State Street Corporation, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Securities Exchange Act