State Street Corp Acquires 10.4% Passive Stake in The Trade Desk Inc.

On April 7, 2026, State Street Corporation filed a Schedule 13G indicating a significant new ownership position in The Trade Desk, Inc. (TTD). As of the event date on March 31, 2026, State Street Corporation reported beneficial ownership of 44,947,239 shares of common stock, representing a 10.4% stake in the company. This filing marks a substantial increase from a previous 0% holding. The shares are held by various subsidiaries under the State Street umbrella, including SSGA Funds Management, Inc., which individually manages 31,219,405 shares (7.2% of the class). The reporting entities indicated shared voting power over 37,430,272 shares and shared dispositive power over 44,933,369 shares. According to the filing, these securities were acquired in the ordinary course of business and are not intended to influence or change the control of the issuer. This passive investment highlights State Street's significant institutional commitment to the digital advertising technology company.