Vanguard holds 13.69M Element Solutions (NYSE: ESI) shares
Rhea-AI Filing Summary
Vanguard Portfolio Management reported beneficial ownership of 13,690,322 shares of Element Solutions Inc. Common Stock. That stake represents 5.62% of the class and reflects securities held for Vanguard funds and managed accounts, including securities held by Vanguard funds. The filer reports sole voting power over 27,257 shares and sole dispositive power over 13,690,322 shares.
Positive
- None.
Negative
- None.
Insights
Large index/asset-manager stake disclosed; ownership is concentrated in managed vehicles.
Vanguard Portfolio Management reports beneficial ownership of 13,690,322 shares, equal to 5.62% of the class as of the filing. The disclosure states these holdings include positions held by Vanguard funds and managed accounts, indicating the stake reflects client mandates rather than a single discretionary proprietary position.
Investor implications depend on fund flows and index/ETF rebalancing; future 13G/13D updates or fund disclosures will show whether the position changes materially.
Schedule 13G filing meets passive-investor disclosure norms; attribution language is explicit.
The filing cites SEC Release No. 34-39538 and explains that dispositive power is exercised by Vanguard Portfolio Management and affiliates. The statement clarifies dividend/proceeds rights across investment companies and managed accounts, consistent with Schedule 13G treatment for institutional investors.
Filings to monitor: any future amendment converting to Schedule 13D or showing >5% active intent would be materially different; timing not provided in the excerpt.