Vanguard Group (BLFY) discloses 4.14% passive stake in Blue Foundry Bancorp
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 860,458 shares of Blue Foundry Bancorp common stock, representing 4.14% of the class as of the event date. Vanguard reports no sole voting or dispositive power, with shared voting power over 120,433 shares and shared dispositive power over 860,458 shares.
The filing notes an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries or business divisions are expected to report beneficial ownership separately while pursuing the same investment strategies. Vanguard states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Blue Foundry Bancorp.
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FAQ
What ownership stake does The Vanguard Group report in Blue Foundry Bancorp (BLFY)?
The Vanguard Group reports beneficial ownership of 860,458 shares of Blue Foundry Bancorp common stock, representing 4.14% of the outstanding class. This level of ownership reflects a meaningful institutional position while remaining below the 5% threshold that often triggers higher regulatory scrutiny.
Why did Vanguard mention an internal realignment in this BLFY Schedule 13G/A?
Vanguard notes that on January 12, 2026, it underwent an internal realignment and no longer performs portfolio management or proxy voting. Certain subsidiaries or business divisions are expected to report beneficial ownership separately, while continuing the same investment strategies previously pursued by The Vanguard Group.
Are Vanguard’s BLFY holdings intended to influence control of Blue Foundry Bancorp?
Vanguard certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Blue Foundry Bancorp. The position is characterized as a passive investment consistent with typical institutional asset management activities.
Who ultimately benefits from Vanguard’s Blue Foundry Bancorp (BLFY) holdings?
Vanguard states its clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive dividends and sale proceeds. No single other person’s interest in the reported BLFY securities exceeds 5% of the class.
What type of SEC filing did Vanguard submit for its BLFY position?
Vanguard submitted an amended Schedule 13G/A, which is a beneficial ownership report typically used by investors holding shares passively. It updates prior ownership information for Blue Foundry Bancorp and confirms Vanguard’s intent not to influence control of the company.