Vanguard holds 1.01M Asbury Automotive shares (NYSE: ABG)
Rhea-AI Filing Summary
Asbury Automotive Group Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 1,010,112 shares of common stock, representing 5.23% of the class as reported. The filing discloses sole voting power for 147,846 shares and sole dispositive power for 1,010,112 shares.
The filing lists Vanguard Capital Management's address in Malvern, PA, and is signed by Ashley Grim, Head of Global Fund Administration.
Positive
- None.
Negative
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Key Figures
Beneficial ownership: 1,010,112 shares
Percent of class: 5.23%
Sole voting power: 147,846 shares
+2 more
5 metrics
Beneficial ownership
1,010,112 shares
Amount beneficially owned reported in Item 4
Percent of class
5.23%
Percent of common stock reported in Item 4(b)
Sole voting power
147,846 shares
Shares with sole power to vote reported in Item 4(c)(i)
CUSIP / as‑of date
043436104 / 03/31/2026
CUSIP and reporting date shown on cover line
Signature date
04/29/2026
Filing signed by Ashley Grim
Key Terms
Schedule 13G, Beneficially owned, Sole dispositive power
3 terms
Schedule 13G regulatory
"Item 1. | (a) | Name of issuer: Asbury Automotive Group Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1010112"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power financial
"(iii) Sole power to dispose or to direct the disposition of: 1010112"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Vanguard's 5.23% stake in ABG mean?
Vanguard beneficially owns 1,010,112 shares, equal to 5.23% of Asbury Automotive Group common stock. This indicates Vanguard is a large institutional holder with dispositive authority over those shares; voting and control details are specified within the filing.
Who filed the Schedule 13G for ABG and when was it signed?
The Schedule 13G was filed by Vanguard Capital Management with principal address in Malvern, PA. The filing is signed by Ashley Grim, Head of Global Fund Administration, and bears a signature date of 04/29/2026 as shown in the excerpt.