Vanguard reports 78.57M Arista Networks shares (ANET) in Schedule 13G

Rhea-AI Filing Summary

Vanguard Capital Management reports beneficial ownership of 78,571,406 shares of Arista Networks common stock, representing 6.25% of the class as of 03/31/2026. The filing states Vanguard has sole voting power over 10,301,200 shares and sole dispositive power over 78,571,406 shares. The disclosure reflects holdings managed across Vanguard Capital Management LLC and affiliated business divisions and notes the position includes securities held by Vanguard funds and client accounts. The filing was signed on 04/29/2026 by Ashley Grim, Head of Global Fund Administration.

Insights

Institutional Ownership Analyst

Large passive stake disclosed by a major asset manager; voting and dispositive splits are notable.

The Schedule 13G lists 78,571,406 shares (6.25%) beneficially owned as of 03/31/2026, with sole voting power on 10,301,200 shares. This pattern is typical for asset managers that control disposition across funds while delegating or aggregating voting authority.

Watch subsequent filings for changes in the percent of class or voting power; any material shifts would appear in amended schedules. Cash‑flow treatment and specific fund allocations are not detailed in the excerpt.

Regulatory Filings Specialist

Disclosure follows Schedule 13G conventions and cites SEC Release No. 34-39538.

The statement clarifies beneficial ownership arises from Vanguard Capital Management LLC and affiliated units, noting inclusion of securities held by Vanguard funds and managed accounts. The filing cites the SEC release governing aggregated reporting by business units.

Investors seeking finer granularity should consult future amendments or institutional holdings reports that break down fund‑level positions; timing for such detail is not provided here.

Key Figures

Beneficial ownership: 78,571,406 shares Percent of class: 6.25% Sole voting power: 10,301,200 shares +1 more

4 metrics

Beneficial ownership 78,571,406 shares as of 03/31/2026

Percent of class 6.25% shares of common stock

Sole voting power 10,301,200 shares voting power reported on Schedule 13G

Sole dispositive power 78,571,406 shares power to dispose as reported

Key Terms

Schedule 13G, beneficially owned, sole dispositive power, SEC Release No. 34-39538

4 terms

Schedule 13G regulatory

"Schedule 13G reporting beneficial ownership information"

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 regulatory

"Amount beneficially owned: 78571406"

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 regulatory

"Sole power to dispose or to direct the disposition of: 78571406"

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.

SEC Release No. 34-39538 regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/29/2026 - 04:40 PM Learn about SEC filing dates

FAQ

What stake does Vanguard hold in Arista Networks (ANET)?

Vanguard reports beneficial ownership of 78,571,406 shares, equal to 6.25% of Arista Networks common stock as of 03/31/2026. The position is reported on a Schedule 13G signed on 04/29/2026.

How much voting power does Vanguard have over ANET shares?

Vanguard discloses sole voting power for 10,301,200 shares and shared voting power of zero, per the Schedule 13G dated 03/31/2026. The filing separates voting from dispositive authority.

Does the filing say who receives dividends or sale proceeds for ANET shares?

The filing states Vanguard Capital Management and affiliated business divisions have the right to direct receipt of dividends or proceeds for the reported securities, including holdings of Vanguard funds and managed accounts.

When was the Schedule 13G for ANET signed and filed?

The Schedule 13G excerpt shows the position as of 03/31/2026 and is signed by Ashley Grim, Head of Global Fund Administration, on 04/29/2026.

Does the filing break down which Vanguard funds hold the ANET shares?

The disclosure notes the total includes securities held by Vanguard funds and client accounts but does not identify specific funds or allocative breakdowns in the provided excerpt.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Arista Networks Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

040413205

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 040413205

1

Names of Reporting Persons

Vanguard Capital Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 10,301,200.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 78,571,406.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

78,571,406.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.25 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Arista Networks Inc
(b)	Address of issuer's principal executive offices: 5453 Great America Parkway, Santa Clara, CA, 95054
Item 2.
(a)	Name of person filing: Vanguard Capital Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 040413205
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 78571406
(b)	Percent of class: 6.25 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 10301200
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 78571406
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Capital Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	04/29/2026