State Street Corp Amends Exelon Stake Filing as of 12/31/23
Ticker: EXC · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1109357
| Field | Detail |
|---|---|
| Company | Exelon CORP (EXC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**State Street still holds Exelon shares, no major changes reported.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, disclosing its ownership of Exelon Corp (EXC) common stock as of December 31, 2023. This filing indicates that State Street continues to hold a significant, though passive, stake in Exelon. This matters to investors because large institutional holdings like State Street's can provide a degree of stability and confidence in the stock, as these firms typically conduct extensive due diligence.
Why It Matters
This filing confirms State Street Corporation's continued significant, passive investment in Exelon, signaling institutional confidence in the utility company.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor, indicating no immediate or significant change in investment strategy or company control.
Analyst Insight
Investors should note that State Street Corporation continues to hold a passive stake in Exelon, which is a routine institutional disclosure and does not suggest any immediate catalyst for price movement. It's a confirmation of existing institutional interest.
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Exelon Corp (company) — the issuer of the common stock being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 30, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change or update to previously reported beneficial ownership of securities.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is STATE STREET CORPORATION, identified by IRS Identification No. 042456637 and located at 1 Congress Street, Boston, MA.
What company's stock is the subject of this filing?
The subject company, or 'Name of Issuer,' is EXELON CORP, with the CUSIP number 30161N101 for its Common Stock.
What was the 'Date of Event' that required this filing?
The 'Date of Event Which Requires Filing of This Statement' was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1 (B), as indicated by the 'X' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding EXELON CORP (EXC).