Vanguard Portfolio Management (DG) discloses 5.24% beneficial stake in Dollar General
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC filed as a passive institutional investor reporting beneficial ownership of 11,569,896 shares of Dollar General Corp common stock on a Schedule 13G. This position represents 5.24% of the outstanding class. Vanguard reports sole voting power over 35,625 shares and sole dispositive power over all 11,569,896 shares, with no shared voting or dispositive power. The filing explains that the reported securities are beneficially owned or deemed beneficially owned by Vanguard Portfolio Management LLC and certain affiliated Vanguard entities and investment funds over which they exercise dispositive and, in some cases, voting power.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 11,569,896 shares
Percent of class: 5.24%
Sole voting power: 35,625 shares
+3 more
6 metrics
Beneficial ownership
11,569,896 shares
Dollar General common stock reported by Vanguard Portfolio Management
Percent of class
5.24%
Portion of Dollar General common stock beneficially owned
Sole voting power
35,625 shares
Shares of Dollar General over which Vanguard has sole voting authority
Shared voting power
0 shares
Dollar General shares with shared voting power reported
Sole dispositive power
11,569,896 shares
Dollar General shares over which Vanguard has sole disposition authority
Shared dispositive power
0 shares
Dollar General shares with shared dispositive power reported
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive 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.
Sole Voting Power financial
"5 | Sole Voting Power 35,625.00 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.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 11,569,896.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G financial
"Vanguard Portfolio Management filed holdings on a Schedule 13G"
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 companies registered under the Investment Company Act of 1940 financial
"including investment companies registered under the Investment Company Act of 1940 and other managed accounts"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who ultimately benefits from Vanguard Portfolio Management’s Dollar General (DG) holdings?
The economic benefits from these 11,569,896 Dollar General shares accrue to Vanguard investment companies and other managed accounts. No single other person’s interest in the reported securities exceeds 5% of the class, according to the disclosure.
Is Vanguard Portfolio Management’s stake in Dollar General (DG) reported as active or passive?
The position is reported on Schedule 13G, which is used for passive ownership disclosure. This indicates Vanguard Portfolio Management and its affiliates report the holdings as institutional investors rather than seeking control of Dollar General.