Vanguard (GPC) discloses 10.39M shares, 7.47% ownership (03/31/2026)
Rhea-AI Filing Summary
Vanguard Capital Management reported beneficial ownership of 10,392,517 shares of Genuine Parts Co common stock, representing 7.47% of the class as of 03/31/2026. The filing shows sole dispositive power over 10,392,517 shares and sole voting power over 1,400,825 shares. The statement notes holdings include securities held for Vanguard funds and managed accounts and explains affiliation with Vanguard subsidiaries and business divisions.
Positive
- None.
Negative
- None.
Insights
Large passive stake disclosed; voting power is substantially smaller than dispositive power.
The filing shows 10,392,517 shares (7.47%) beneficially owned as of 03/31/2026. Vanguard Capital Management reports sole dispositive power over the full stake while sole voting power is reported for 1,400,825 shares, indicating voting and economic interests are held across managed vehicles.
Cash‑flow treatment and trading intent are not stated; subsequent filings could show changes in votes or disposition. Institutional ownership shifts can affect shareholder votes and market perceptions, but the filing is a passive ownership disclosure under Schedule 13G.