State Street Corp Discloses Passive Stake in WAFD Inc.
Ticker: WAFDP · Form: SC 13G · Filed: Jan 24, 2024 · CIK: 936528
| Field | Detail |
|---|---|
| Company | Wafd Inc (WAFDP) |
| Form Type | SC 13G |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**State Street Corp just revealed a passive stake in WAFD Inc. common stock.**
AI Summary
State Street Corp, a major financial institution, has filed an initial SC 13G indicating its ownership of WAFD Inc. common stock as of December 31, 2023. This filing, made on January 24, 2024, signals that State Street Corp holds a significant, but passive, stake in WAFD Inc. For WAFD Inc. shareholders, this means a large institutional investor sees value in the company, potentially adding stability and confidence, though the exact percentage of ownership is not detailed in the provided snippet.
Why It Matters
This filing shows a major institutional investor, State Street Corp, has taken a passive position in WAFD Inc., which can be a vote of confidence for existing and potential investors.
Risk Assessment
Risk Level: low — An SC 13G filing typically indicates a passive investment, posing minimal direct risk to the company or its shareholders.
Analyst Insight
An investor should note that a large institutional player like State Street Corp has a passive stake in WAFD Inc., which could be a positive signal, but should await further details on the exact percentage of ownership and any future changes in their position.
Key Players & Entities
- State Street Corp (company) — the reporting person and institutional investor
- WAFD INC (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G
- 938824109 (number) — the CUSIP number for WAFD INC common stock
FAQ
What type of filing is this document?
This document is an SC 13G, specifically an 'INITIAL FILING' under the Securities Exchange Act of 1934.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is STATE STREET CORP, with a Central Index Key (CIK) of 0000093751.
What is the 'Subject Company' or 'Issuer' of the securities?
The 'Subject Company' or 'Issuer' is WAFD INC, with a Central Index Key (CIK) of 0000936528.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the common stock of WAFD INC is 938824109.
What was the 'Date of Event Which Requires Filing of This Statement'?
The 'Date of Event Which Requires Filing of This Statement' was 12/31/2023.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 24, 2024 regarding WAFD INC (WAFDP).