Vanguard Capital Management (CORZ) discloses 16.2M-share passive stake in Core Scientific
Rhea-AI Filing Summary
Core Scientific Inc reports that Vanguard Capital Management has filed a Schedule 13G as a passive owner of its Common Stock. Vanguard Capital Management and certain affiliates beneficially own 16,196,304 shares, representing 5.09% of the outstanding common stock.
Vanguard has sole voting power over 2,398,797 shares and sole dispositive power over 16,196,304 shares, with no shared voting or dispositive power. The holdings include securities held by various Vanguard funds and managed accounts for which Vanguard entities exercise voting and/or dispositive power.
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Key Figures
Beneficial ownership: 16,196,304 shares
Percent of class: 5.09%
Sole voting power: 2,398,797 shares
+1 more
4 metrics
Beneficial ownership
16,196,304 shares
Shares of Core Scientific Inc common stock beneficially owned by Vanguard Capital Management and affiliates
Percent of class
5.09%
Portion of Core Scientific Inc common stock class reported as beneficially owned
Sole voting power
2,398,797 shares
Shares for which Vanguard Capital Management has sole power to vote or direct the vote
Sole dispositive power
16,196,304 shares
Shares for which Vanguard Capital Management has sole power to dispose or direct disposition
Key Terms
beneficially owned, dispositive power, Sole Voting Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"
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.
dispositive power financial
"over which Vanguard Capital Management LLC 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.
Sole Voting Power financial
"5 | Sole Voting Power 2,398,797.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... ownership of securities is disaggregated"
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.
Investment Company Act of 1940 regulatory
"investment companies registered under the Investment Company Act of 1940 and other managed accounts"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in Core Scientific Inc (CORZ) does Vanguard Capital Management report?
Vanguard Capital Management reports beneficial ownership of 16,196,304 shares of Core Scientific Inc common stock, representing 5.09% of the class, held across various Vanguard funds and managed accounts.
How much voting power does Vanguard have in Core Scientific Inc (CORZ)?
Vanguard has sole voting power over 2,398,797 shares of Core Scientific Inc and no shared voting power, according to the Schedule 13G filing.
Which Vanguard entities are included in the CORZ Schedule 13G filing?
The filing covers securities beneficially owned or deemed owned by Vanguard Capital Management LLC and affiliates including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd.
Do any individual investors hold more than 5% of CORZ through Vanguard accounts?
The filing states that no one other person’s interest in the Core Scientific Inc securities reported by Vanguard Capital Management exceeds 5% of the class.
Is Vanguard’s ownership in CORZ held on behalf of clients or proprietary accounts?
Vanguard’s reported CORZ holdings include securities of Vanguard funds and other managed accounts, where Vanguard entities have the right to receive dividends or sale proceeds and exercise dispositive and/or voting power.