State Street Corp Amends Sempra Stake, Remains Passive Investor
Ticker: SRE · Form: SC 13G/A · Filed: 2024-01-30T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street still owns Sempra shares, no big changes.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, disclosing its ownership of Sempra's common stock as of December 31, 2023. This filing indicates that State Street continues to hold a significant, though passive, stake in Sempra, a gas and other services combined company. For investors, this means a large institutional investor maintains confidence in Sempra, which can be a positive signal, but it doesn't suggest any active management changes or new strategic moves from State Street.
Why It Matters
This filing confirms State Street Corporation's continued significant, but passive, ownership in Sempra, signaling institutional confidence without indicating any activist intentions.
Risk Assessment
Risk Level: low — This filing is routine and indicates a passive investment, posing minimal new risk to Sempra shareholders.
Analyst Insight
Investors should view this as a routine disclosure of a passive institutional holding, not a signal for immediate action. It confirms State Street's continued presence but doesn't suggest any new catalysts or risks for Sempra.
Key Numbers
- 816851109 — CUSIP Number (identifies Sempra's common stock)
- 04-2456 — IRS Identification No. (identifies State Street Corporation)
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Sempra (company) — the issuer of the common stock
- 0000093751-24-000452 (dollar_amount) — accession number for the filing
- December 31, 2023 (date) — date of event requiring the filing
- January 30, 2024 (date) — date the filing was made
Forward-Looking Statements
- State Street Corporation will maintain its passive investment in Sempra. (State Street Corporation) — high confidence, target: Q4 2024
- Sempra's stock price will not be significantly impacted by this routine filing. (Sempra) — high confidence, target: Q2 2024
FAQ
Who filed this SC 13G/A amendment?
State Street Corporation filed this SC 13G/A amendment, as indicated by 'NAME OF REPORTING PERSON: STATE STREET CORPORATION' in the filing.
What company's stock is the subject of this filing?
The subject company is Sempra, as stated under 'NAME OF ISSUER: SEMPRA' in the filing.
What type of security is being reported?
The security being reported is 'COMMON STOCK' of Sempra, as specified in the filing.
What was the date of the event that triggered this filing?
The date of the event which requires the filing of this statement was December 31, 2023, as per 'DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT: 12/31/2023'.
Under which SEC rule was this Schedule 13G filed?
This Schedule 13G was filed under 'RULE 13D-1 (B)', as indicated by the checked box in the filing.
From the Filing
EDGAR Filing Documents for 0000093751-24-000452 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. 0000093751-24-000452 Filing Date 2024-01-30 Accepted 2024-01-30 13:18:53 Documents 1 Document Format Files Seq Description Document Type Size 1 Sempra.txt SC 13G/A 6711 Complete submission text file 0000093751-24-000452.txt 8793 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 488 8TH AVENUE SAN DIEGO CA 92101 Business Address 488 8TH AVENUE SAN DIEGO CA 92101 6196962000 SEMPRA (Subject) CIK : 0001032208 (see all company filings) EIN. : 330732627 | State of Incorp.: CA | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-57581 | Film No.: 24577016 SIC : 4932 Gas & Other Services Combined (CF Office: 01 Energy & Transportation)