Vanguard reports 5.11% ownership in CoreCivic (NYSE: CXW)
Rhea-AI Filing Summary
CoreCivic Inc reported that Vanguard Capital Management beneficially owns 5,002,380 shares of Common Stock, representing 5.11% of the class. The filing states Vanguard has sole dispositive power over 5,002,380 shares and sole voting power for 750,286 shares. The filing notes these holdings include positions held for Vanguard funds and certain affiliated investment vehicles.
Positive
- None.
Negative
- None.
Insights
Vanguard holds a passive >5% stake in CoreCivic, disclosed via Schedule 13G.
Schedule 13G filings indicate large investors reporting passive ownership; this entry shows 5.11% beneficial ownership with dispositive power over 5,002,380 shares. The filing attributes voting and dispositive powers across Vanguard Capital Management and affiliated divisions.
Implications depend on trading decisions by those managed accounts; the filing itself shows no active intent to influence governance and lists holdings that include Vanguard funds and managed accounts.