State Street Corp Maintains Passive Stake in Ventas Inc. REIT

Ticker: VTR · Form: SC 13G/A · Filed: 2024-01-29T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investing, amendment, REIT

TL;DR

**State Street still owns Ventas shares, but they're not trying to shake things up.**

AI Summary

State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 29, 2024, disclosing its ownership of Ventas, Inc. REIT securities as of December 31, 2023. This filing indicates State Street's continued significant, but passive, stake in Ventas, a real estate investment trust. For investors, this means a large institutional holder remains invested, which can signal stability, but the 'passive' nature means they aren't pushing for major changes.

Why It Matters

This filing confirms a major institutional investor, State Street Corporation, holds a significant, but non-activist, position in Ventas, Inc., which can influence market perception and stock stability.

Risk Assessment

Risk Level: low — This filing is routine for large institutional investors and does not indicate any immediate risk or significant change in company control.

Analyst Insight

An investor should note that State Street Corporation's continued passive ownership suggests they view Ventas as a stable, long-term holding rather than a target for activist intervention, which might reassure some investors but offers no new catalyst for price movement.

Key Players & Entities

FAQ

Who filed this SC 13G/A amendment?

State Street Corporation filed this SC 13G/A amendment, as indicated by the 'FILED BY' section and 'NAME OF REPORTING PERSON: STATE STREET CORPORATION' on page 2.

What company's securities are being reported in this filing?

The securities of Ventas, Inc. are being reported, as stated under 'SUBJECT COMPANY: COMPANY CONFORMED NAME: Ventas, Inc.' and 'NAME OF ISSUER: VENTAS INC' on page 1.

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 on page 1 under 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT'.

What type of securities are being reported by State Street Corporation?

State Street Corporation is reporting its holdings in 'REIT' (Real Estate Investment Trust) securities of Ventas, Inc., as indicated by 'TITLE OF CLASS OF SECURITIES: REIT' on page 1.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13D-1(B), as indicated by the 'CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: (X) RULE 13D-1 (B)' on page 1.

From the Filing

0000093751-24-000303.txt : 20240129 0000093751-24-000303.hdr.sgml : 20240129 20240129101316 ACCESSION NUMBER: 0000093751-24-000303 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ventas, Inc. CENTRAL INDEX KEY: 0000740260 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 611055020 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40710 FILM NUMBER: 24570992 BUSINESS ADDRESS: STREET 1: 353 N. CLARK STREET STREET 2: SUITE 3300 CITY: CHICAGO STATE: IL ZIP: 60654 BUSINESS PHONE: 3126603800 MAIL ADDRESS: STREET 1: 353 N. CLARK STREET STREET 2: SUITE 3300 CITY: CHICAGO STATE: IL ZIP: 60654 FORMER COMPANY: FORMER CONFORMED NAME: VENTAS INC DATE OF NAME CHANGE: 19980507 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP CENTRAL INDEX KEY: 0000093751 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 042456637 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 617 786-3000 MAIL ADDRESS: STREET 1: 1 CONGRESS STREET STREET 2: SUITE 1 CITY: BOSTON STATE: MA ZIP: 02114 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET Corp DATE OF NAME CHANGE: 20090218 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET CORP DATE OF NAME CHANGE: 19970424 FORMER COMPANY: FORMER CONFORMED NAME: STATE STREET BOSTON FINANCIAL CORP DATE OF NAME CHANGE: 19780525 SC 13G/A 1 Ventas_Inc.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDED FILING VENTAS INC (NAME OF ISSUER) REIT (TITLE OF CLASS OF SECURITIES) 92276F100 (CUSIP NUMBER) 12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: (X) RULE 13D-1 (B) ( ) RULE 13D-1 (C) ( ) RULE 13D-1 (D) *THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON`S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER THE DISCLOSURES PROVIDED IN A PRIOR COVER PAGE. THE INFORMATION REQUIRED IN THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES). CUSIP NO:92276F100 13G Page 2 of 5 Pages 1. NAME OF REPORTING PERSON: STATE STREET CORPORATION I.R.S. IDENTIFICATION NO. OF THE ABOVE PERSON: 04-2456637 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP NOT APPLICABLE 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION BOSTON, MASSACHUSETTS 5. SOLE VOTING POWER 0 SHARES 6. SHARED VOTING POWER 17,483,878 7. SOLE DISPOSITIVE POWER 0 SHARES 8. SHARED DISPOSITIVE POWER 28,505,439 9. AGGREGATED AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,572,399 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES NOT APPLICABLE 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.10% 12. TYPE OF REPORTING PERSON HC CUSIP NO: 92276F100 13G Page 3 of 5 Pages ITEM 1. (A) NAME OF ISSUER VENTAS INC (B) ADDRESS OF ISSUER`S PRINCIPAL EXECUTIVE OFFICES 353 NORTH CLARK STREET SUITE 3300 CHICAGO IL 60654 UNITED STATES ITEM 2. (A) NAME OF PERSON FILING STATE STREET CORPORATION (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE STATE STREET FINANCIAL CENTER 1 CONGRESS STREET, SUITE 1 BOSTON, MA 02114-2016 (FOR ALL REPORTING PERSONS) (C) CITIZENSHIP: SEE ITEM 4 (CITIZENSHIP OR PLACE OF ORGANIZATION

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