State Street Corp Amends RTX Corp Stake Filing
Ticker: RTX · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 101829
| Field | Detail |
|---|---|
| Company | Rtx Corp (RTX) |
| 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
Related Tickers: RTX
TL;DR
**State Street just updated its RTX Corp holdings, confirming its big stake.**
AI Summary
State Street Corp, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of RTX Corp's common stock as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, though passive, stake in the aerospace and defense company. This matters to investors as State Street is a large institutional holder, and changes in their reported ownership can signal shifts in institutional confidence or portfolio rebalancing for RTX stock.
Why It Matters
This filing confirms State Street's ongoing significant institutional ownership in RTX Corp, providing transparency into a major holder's position. It indicates continued institutional interest in RTX, which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, not indicating any immediate significant risk or opportunity.
Analyst Insight
An investor should note State Street's continued institutional presence in RTX Corp, but this routine amendment doesn't suggest any immediate buy or sell action. It's a data point for understanding institutional ownership structure.
Key Players & Entities
- State Street Corp (company) — the entity filing the SC 13G/A
- RTX Corp (company) — the subject company whose securities are 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, as stated in the 'FORM TYPE: SC 13G/A' and 'AMENDED FILING' sections.
Who is the subject company whose securities are being reported in this filing?
The subject company is RTX Corp, as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RTX Corp'.
Who filed this SC 13G/A?
The filing was made by State Street Corp, as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP'.
What is the CUSIP number for the securities reported?
The CUSIP number for the common stock of RTX Corp is 75513E101, as listed under 'CUSIP NUMBER'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding RTX Corp (RTX).