ANGI: Vanguard Files 13G Showing 10 % Passive Ownership

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 7 to its Schedule 13G disclosing its beneficial ownership of Angi Inc. (NASDAQ: ANGI) common stock as of 30 June 2025.

The filing shows Vanguard beneficially owns 4,899,419 shares, representing 10.21 % of Angi’s outstanding common shares. Vanguard reports 0 shares with sole voting power and 27,425 shares with shared voting power. Dispositive authority is larger, with 4,823,182 shares under sole dispositive power and 76,237 shares under shared dispositive power.

Vanguard is classified as an investment adviser (Type IA) and certifies that the stake is held in the ordinary course of business, not to influence control. Because the holding exceeds the 10 % threshold, Vanguard must report under Section 13(d) of the Exchange Act, but the passive Schedule 13G filing signals no activist intent.

The disclosure confirms a large, diversified institution continues to maintain a significant passive position in Angi, potentially supporting market liquidity and investor confidence while exerting limited direct governance influence due to the absence of sole voting power.

Positive

• The Vanguard Group reports a 10.21 % ownership stake (4.9 million shares) in Angi Inc.
• Continued institutional holding by a leading index manager can enhance liquidity and support investor confidence.

Negative

• Vanguard discloses zero sole voting power, indicating limited capacity to influence Angi’s strategic decisions.

Insights

Portfolio Manager

TL;DR – Vanguard’s 10.21 % passive stake underpins institutional confidence, mildly supportive for valuation but offers no strategic catalyst.

Vanguard’s amended 13G reveals ownership just over the 10 % threshold, equating to roughly 4.9 million shares. As a passive investor, Vanguard neither seeks board seats nor policy changes, but its presence can tighten the float and dampen volatility. The zero sole-voting power indicates shares are spread across index and ETF products, so governance impact is negligible. From a portfolio perspective, a well-regarded index sponsor maintaining exposure is a modest positive signal of continuing inclusion in major benchmarks.

Corporate Governance Expert

TL;DR – Crossing 10 % triggers disclosure, but passive 13G means limited governance impact; effect is information, not influence.

The filing clarifies that Vanguard’s aggregated funds control more than one-tenth of Angi’s equity yet hold virtually no direct voting authority. Because the shares are custodied for myriad clients, Vanguard lacks concentrated influence. Certification under Rule 13d-1(b)(1)(ii)(E) confirms purely investment intent. Therefore, while the stake size is substantial, board dynamics and strategic direction remain unchanged. Investors should view this as transparency compliance rather than a precursor to activism.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

Angi Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

00183L201

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 00183L201

1

Names of Reporting Persons

The Vanguard Group

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 0.00
6	Shared Voting Power 27,425.00
7	Sole Dispositive Power 4,823,182.00
8	Shared Dispositive Power 76,237.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,899,419.00

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)

10.21 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Angi Inc
(b)	Address of issuer's principal executive offices: 3601 Walnut Street, Suite 700, Denver, CO, 80205
Item 2.
(a)	Name of person filing: The Vanguard Group
(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 No.: 00183L201
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: 4899419
(b)	Percent of class: 10.21 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 27425
	(iii) Sole power to dispose or to direct the disposition of: 4823182
	(iv) Shared power to dispose or to direct the disposition of: 76237
Item 5.	Ownership of 5 Percent or Less of a Class.
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. The Vanguard Group, Inc.'s clients, 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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/07/2025

FAQ

How many Angi (ANGI) shares does Vanguard now own?

Vanguard reports beneficial ownership of 4,899,419 common shares.

What percentage of Angi’s outstanding shares does this represent?

The holding equals 10.21 % of the company’s common stock.

Does Vanguard have voting control over these shares?

Vanguard lists 0 shares with sole voting power and 27,425 shares with shared voting power.

Is Vanguard’s filing activist in nature?

No. The Schedule 13G filing is passive; Vanguard certifies it is not seeking to influence control.

When was the event date and filing signature date?

Event date: 06/30/2025; signature date: 07/07/2025.