Vanguard Capital Management (NASDAQ: ALGN) holds 4.98M shares, 6.94%
Rhea-AI Filing Summary
Align Technology Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 4,975,820 shares of Align Technology common stock, representing 6.94% of the class. The filing states Vanguard has sole dispositive power over 4,975,820 shares and sole voting power for 586,701 shares. The filing attributes holdings to Vanguard Capital Management and specified Vanguard affiliates and was signed by the Head of Global Fund Administration.
Positive
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Negative
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Insights
Vanguard holds a >5% stake with dispositive control but limited sole voting power.
Vanguard Capital Management reports beneficial ownership of 4,975,820 shares (6.94%). The filing attributes dispositive authority to Vanguard and lists affiliated investment divisions that exercise voting/dispositive power over client accounts and funds.
Holdings above 5% trigger reporting obligations; this Schedule 13G appears to be an ownership disclosure rather than an intent-to-influence filing. Subsequent SEC reports would show material changes in stake.