Vanguard Portfolio Management (NYSE: AWK) reports 11.33M shares, 5.79%

Rhea-AI Filing Summary

Vanguard Portfolio Management reported beneficial ownership of $ 11,325,165 shares of American Water Works Co., Inc. common stock, representing 5.79% of the class. The filing states Vanguard has sole dispositive power over 11,325,165 shares and sole voting power for 23,611 shares. The report is dated 04/28/2026 and describes holdings managed across Vanguard affiliates and client accounts.

Insights

Institutional Ownership Analyst

Large passive holder reports a 5.79% stake; no active control signaled.

Vanguard Portfolio Management discloses beneficial ownership of 11,325,165 shares (5.79%). The filing notes dispositive authority rests with Vanguard and voting power is limited to 23,611 shares, consistent with managerial custody of fund assets rather than direct operational control.

Implications center on shareholder composition: this is a sizeable, likely passive stake held across funds and managed accounts. Subsequent filings or proxy materials would show if voting alignment or engagement changes; timing of any such disclosures is not specified in the excerpt.

Key Figures

Beneficially owned: 11,325,165 shares Percent of class: 5.79% Sole voting power: 23,611 shares +2 more

5 metrics

Beneficially owned 11,325,165 shares Amount beneficially owned reported in Item 4(a)

Percent of class 5.79% Percent of class reported in Item 4(b)

Sole voting power 23,611 shares Sole power to vote reported in Item 4(c)(i)

Sole dispositive power 11,325,165 shares Sole power to dispose reported in Item 4(c)(iii)

Filing signature date 04/28/2026 Signature date on Schedule 13G

Key Terms

Schedule 13G, Beneficial ownership, Sole dispositive power, Dispositive power

4 terms

Schedule 13G regulatory

"Amount beneficially owned: 11325165 (Schedule 13G filing)"

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.

Beneficial ownership financial

"Amount beneficially owned: 11325165"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 11325165"

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.

Dispositive power financial

"this includes securities held by Vanguard funds, over which Vanguard exercises dispositive power"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

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

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Accepted by SEC EDGAR 04/28/2026 - 04:06 PM Learn about SEC filing dates

FAQ

What stake does Vanguard Portfolio Management report in AWK?

Vanguard reports beneficial ownership of 11,325,165 shares (5.79%). The Schedule 13G states Vanguard has sole dispositive power over 11,325,165 shares and sole voting power over 23,611 shares as disclosed in the filing.

Does Vanguard control voting for the AWK shares it reports?

Vanguard reports limited voting power relative to dispositive power. The filing lists sole voting power for 23,611 shares and sole dispositive power for 11,325,165 shares, reflecting custody/management arrangements across Vanguard entities.

When was the Schedule 13G for AWK signed?

The filing was signed on 04/28/2026 by Ashley Grim. The signature block identifies Ashley Grim as Head of Global Fund Administration and provides the date of signature for the reported ownership position.

Does the filing identify who receives dividends or sale proceeds for these AWK shares?

The filing states Vanguard entities have the right to receive or direct dividends/proceeds on behalf of managed accounts. It notes holdings include Vanguard funds and client accounts over which Vanguard exercises dispositive power.

Is Vanguard the only holder with more than 5% of AWK according to this filing?

The filing indicates no other single person's interest exceeds 5%. It states that no one other person's interest in the securities reported is more than 5%, per the Schedule 13G disclosure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

American Water Works Co Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

030420103

(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): 030420103

1

Names of Reporting Persons

Vanguard Portfolio 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 23,611.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 11,325,165.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,325,165.00

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)

5.79 %

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 Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio 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 Portfolio 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: American Water Works Co Inc
(b)	Address of issuer's principal executive offices: 1025 Laurel Oak Road, Voorhees, NJ, 08043
Item 2.
(a)	Name of person filing: Vanguard Portfolio 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): 030420103
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: 11325165
(b)	Percent of class: 5.79 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 23611
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 11325165
	(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 Portfolio 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 Portfolio Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	04/28/2026