State Street Corp. Amends J&J Stake Filing as of Dec 31, 2023
Ticker: JNJ · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 200406
| Field | Detail |
|---|---|
| Company | Johnson & Johnson (JNJ) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street still holds J&J shares, no big news here.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, disclosing its ownership of Johnson & Johnson common stock as of December 31, 2023. This filing indicates that State Street continues to hold a significant, though passive, stake in Johnson & Johnson. For investors, this means a large institutional player maintains confidence in J&J, which can be a positive signal, but the filing itself doesn't suggest any new strategic moves or changes in J&J's operations.
Why It Matters
This filing confirms State Street Corporation's continued significant, passive ownership in Johnson & Johnson, signaling institutional confidence without indicating any active management changes.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate risks or significant changes for Johnson & Johnson.
Analyst Insight
An investor should view this as a routine disclosure of an institutional holding, not a signal for immediate action. It confirms State Street's continued passive investment in J&J, which is generally a positive sign of stability but doesn't suggest new catalysts.
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Johnson & Johnson (company) — the issuer of the common stock being reported on
- December 31, 2023 (date) — the date of the event which required the filing
- January 30, 2024 (date) — the filing date of the SC 13G/A
- 478160104 (number) — the CUSIP number for Johnson & Johnson common stock
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 passive ownership stake.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, with IRS Identification No. 04-2456637.
What company's securities are being reported on?
The securities being reported on are the Common Stock of Johnson & Johnson, with CUSIP Number 478160104.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023.
When was this SC 13G/A filed with the SEC?
This SC 13G/A was filed with the SEC on January 30, 2024, as indicated by the 'FILED AS OF DATE' and 'DATE AS OF CHANGE'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding JOHNSON & JOHNSON (JNJ).