State Street Amends Mosaic Co. Stake Disclosure
Ticker: MOS · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street still holds Mosaic Co. stock, signaling institutional confidence.**
AI Summary
State Street Corporation, a major financial institution, filed an amended Schedule 13G on January 25, 2024, indicating its ownership of common stock in The Mosaic Co. as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that State Street continues to hold a significant, though passive, stake in the agriculture chemicals company. For investors, this matters because large institutional holdings like State Street's can provide a degree of stability and confidence in the stock, as it suggests professional money managers see long-term value.
Why It Matters
This filing confirms State Street Corporation's continued significant, passive investment in The Mosaic Co., which can be a positive signal for current and prospective shareholders.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a passive institutional investor and does not indicate any immediate risk or significant change in investment strategy.
Analyst Insight
Investors should note that a major institutional investor like State Street continues to hold a position in Mosaic Co., which can be a sign of long-term stability, but this filing alone doesn't suggest an immediate buy or sell action.
Key Numbers
- 12/31/2023 — Date of Event (The date as of which the ownership information in the filing is reported.)
- 01/25/2024 — Filing Date (The date this SC 13G/A amendment was filed with the SEC.)
- 61945C103 — CUSIP Number (The unique identification number for The Mosaic Co.'s common stock.)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- The Mosaic Co. (company) — the subject company, an agriculture chemicals firm
- 0000093751-24-000251 (number) — the accession number for this specific filing
- 0001285785 (number) — the Central Index Key (CIK) for The Mosaic Co.
- 0000093751 (number) — the Central Index Key (CIK) for State Street Corporation
Forward-Looking Statements
- State Street Corporation will maintain a significant, passive stake in The Mosaic Co. throughout 2024. (State Street Corporation) — medium confidence, target: 12/31/2024
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 or update to a previously reported passive ownership stake.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, a financial institution based in Boston, MA, with CIK 0000093751.
Which company's stock is the subject of this filing?
The subject company is The Mosaic Co., an agriculture chemicals company with CIK 0001285785, headquartered in Tampa, FL.
What was the 'Date of Event' that triggered this filing?
The 'Date of Event Which Requires Filing of This Statement' was December 31, 2023, meaning the ownership data reflects the holdings as of the end of last year.
Under which rule was this Schedule 13G filed?
This Schedule 13G/A was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, which typically applies to institutional investors holding a passive stake of 5% or more.
From the Filing
EDGAR Filing Documents for 0000093751-24-000251 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000093751-24-000251 Filing Date 2024-01-25 Accepted 2024-01-25 12:07:48 Documents 1 Document Format Files Seq Description Document Type Size 1 Mosaic_CoThe.txt SC 13G/A 6727 Complete submission text file 0000093751-24-000251.txt 8767 Mailing Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 Business Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 617 786-3000 STATE STREET CORP (Filed by) CIK : 0000093751 (see all company filings) EIN. : 042456637 | State of Incorp.: MA | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6022 State Commercial Banks (CF Office: 02 Finance) Mailing Address 101 EAST KENNEDY BLVD. SUITE 2500 TAMPA FL 33602 Business Address 101 EAST KENNEDY BLVD. SUITE 2500 TAMPA FL 33602 813-775-4200 MOSAIC CO (Subject) CIK : 0001285785 (see all company filings) EIN. : 201026454 | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-80123 | Film No.: 24560411 SIC : 2870 Agricultural Chemicals (CF Office: 08 Industrial Applications and Services)