Vanguard (GWRE) discloses 4.62M shares, 5.45% ownership
Rhea-AI Filing Summary
Guidewire Software Inc reported that Vanguard Portfolio Management beneficially owns 4,616,869 shares of common stock, representing 5.45% of the class as reported. The filing states Vanguard Portfolio Management has sole dispositive power over the 4,616,869 shares and sole voting power for 22,298 shares, and attributes holdings to Vanguard affiliate accounts and funds.
Positive
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Insights
Vanguard reports a 5.45% passive stake via managed accounts and funds.
The Schedule 13G shows 4,616,869 shares (5.45%) with dispositive power exercised by Vanguard Portfolio Management and voting power limited to 22,298 shares. The filing attributes holdings to Vanguard funds and managed accounts rather than a single beneficial owner.
Investor impact is routine: this documents institutional ownership and voting/dispositive splits. Subsequent filings could show changes in percentage or voting arrangements.
Schedule 13G disclosure is consistent with passive institutional reporting requirements.
The disclosure references SEC Release No. 34-39538 and explains that Vanguard Portfolio Management LLC and affiliates exercise dispositive power over securities held by Vanguard funds and client accounts. The filing is signed and dated, with a reporting date and signature provided.
This filing should be read as a public record of ownership; any material change would be reflected in amended filings.