SCHEDULE: State Street Discloses 5.1% Stake in Verizon
Beneficial Ownership Report
State Street Corporation has reported a 5.1% beneficial ownership stake in Verizon Communications Inc. common stock.
Summary
- State Street Corporation, a Massachusetts-based financial services company, filed a Schedule 13G.
- The filing discloses beneficial ownership of 215,538,375 shares of Verizon Communications Inc. common stock.
- This represents 5.1% of Verizon's common stock class.
- State Street Corporation holds shared voting power over 132,838,580 shares and shared dispositive power over 215,490,064 shares.
- The filing was made under Rule 13d-1(b), indicating an institutional investor.
- The shares are held by various State Street Global Advisors subsidiaries acting as investment advisers, including SSGA Funds Management, Inc. and State Street Global Advisors Europe Limited.
Sentiment
Score: 5
Explanation: This is a neutral, factual disclosure of beneficial ownership by an institutional investor. It does not inherently convey positive or negative sentiment about the issuer's performance or prospects.
Future Outlook
NA
Management Comments
- 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.
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional stake can influence investor perception and potentially provide a level of stability or validation for the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Date of event requiring the filing of this statement |
| 11/07/2025 | Date of signature for the filing |
Keywords
Verizon Communications, State Street Corporation, Vz, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Telecommunications, Investment Management
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