State Street Amends Boston Properties Stake as of Dec 31, 2023
Ticker: BXP · Form: SC 13G/A · Filed: 2024-01-30T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, real-estate, passive-investment
TL;DR
**State Street just updated its Boston Properties stake, watch for shifts in institutional ownership.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership stake in Boston Properties Inc. as of December 31, 2023. This filing is an amendment to a previous disclosure, signaling a potential change in their passive investment position in the REIT. For investors, this matters because State Street's holdings can influence market perception and liquidity for Boston Properties stock.
Why It Matters
This filing updates State Street's passive ownership in Boston Properties, providing transparency on institutional holdings which can impact investor confidence and stock stability.
Risk Assessment
Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate significant risk or change in company control.
Analyst Insight
Investors should monitor subsequent filings from State Street to understand if their position in Boston Properties is increasing or decreasing, as this could signal institutional confidence or lack thereof.
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Boston Properties Inc. (company) — the issuer of the securities being reported on
- December 31, 2023 (date) — the date of the event requiring the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, with IRS Identification No. 04-2456637.
What is the subject company (issuer) of the securities?
The subject company, or issuer, is Boston Properties Inc., a REIT.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the class of securities (REIT) is 101121101.
When was the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
From the Filing
EDGAR Filing Documents for 0000093751-24-000423 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. 0000093751-24-000423 Filing Date 2024-01-30 Accepted 2024-01-30 11:28:25 Documents 1 Document Format Files Seq Description Document Type Size 1 Boston_Properties_In.txt SC 13G/A 6751 Complete submission text file 0000093751-24-000423.txt 8719 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 800 BOYLSTON STREET SUITE 1900 BOSTON MA 02199 Business Address 800 BOYLSTON STREET SUITE 1900 BOSTON MA 02199 6172363300 BOSTON PROPERTIES INC (Subject) CIK : 0001037540 (see all company filings) EIN. : 042473675 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-52709 | Film No.: 24576567 SIC : 6798 Real Estate Investment Trusts (CF Office: 05 Real Estate & Construction)