State Street Amends Kilroy Realty Stake Filing
Ticker: KRC · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1025996
| Field | Detail |
|---|---|
| Company | Kilroy Realty Corp (KRC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, REIT, passive-investing
TL;DR
**State Street just updated its Kilroy Realty holdings, showing its latest institutional stake.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of Kilroy Realty Corp (REIT) securities as of December 31, 2023. This filing is an amendment, meaning State Street previously reported its stake and is updating that information. This matters to investors because it shows a significant institutional holder's continued or adjusted position in Kilroy Realty, potentially signaling confidence or a change in investment strategy.
Why It Matters
This filing confirms State Street Corporation's updated ownership position in Kilroy Realty Corp, providing transparency on institutional investment in the company.
Risk Assessment
Risk Level: low — This is a routine disclosure of institutional ownership and does not inherently signal high risk.
Analyst Insight
An investor should note State Street's continued presence as an institutional holder, but this routine amendment alone doesn't provide a strong buy/sell signal. It's a data point for understanding institutional interest.
Key Numbers
- 005-48377 — SEC File Number (identifies Kilroy Realty Corp's registration with the SEC)
- 49427F108 — CUSIP Number (unique identifier for Kilroy Realty Corp's securities)
- 04-2456637 — IRS Identification No. (identifies State Street Corporation)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Kilroy Realty Corp (company) — the subject company whose securities are being reported
- REIT (company) — the title of the class of securities held by State Street
- 0000093751-24-000419 (dollar_amount) — accession number for the filing
- December 31, 2023 (date) — the date of the event requiring the filing
Forward-Looking Statements
- State Street Corporation will continue to be a significant institutional holder of Kilroy Realty Corp shares. (State Street Corporation) — high confidence, target: Q1 2025
- Kilroy Realty Corp's stock price will not experience significant volatility directly due to this routine filing. (Kilroy Realty Corp) — high confidence, target: Q2 2024
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 in previously reported beneficial ownership by a passive institutional investor.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, with an IRS Identification No. of 04-2456637.
What is the subject company whose securities are being reported?
The subject company is Kilroy Realty Corp, identified by the CUSIP number 49427F108 and classified as a REIT (Real Estate Investment Trust).
What was the date of the event that required this filing?
The date of the event which required the 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 KILROY REALTY CORP (KRC).