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Vanguard disaggregates holdings; LLYVA shows 0% stake (LLYVA)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Liberty Live Holdings Inc — Amendment to a Schedule 13G/A filed by The Vanguard Group reports 0% beneficial ownership of the company’s common stock following an internal realignment. The filing states Vanguard disaggregated certain subsidiaries and business divisions in accordance with SEC Release No. 34-39538 (January 12, 1998), and those subsidiaries will report beneficial ownership separately. The amendment is signed by Ashley Grim as Head of Global Fund Administration on 03/27/2026.

Positive

  • None.

Negative

  • None.

Insights

Vanguard's amendment records zero direct ownership after internal reorganization.

The filing explicitly lists 0% amount beneficially owned and zero voting and dispositive power across all categories as of the amendment. It attributes the change to an internal realignment and reliance on SEC Release No. 34-39538 for disaggregated reporting.

Cash‑flow treatment is not stated; subsequent filings from Vanguard subsidiaries may show redistributed holdings. Future disclosures by Vanguard entities will determine visible institutional ownership of the issuer.






530909308

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does The Vanguard Group report about LLYVA ownership?

The filing states The Vanguard Group reports 0% beneficial ownership of Liberty Live Holdings common stock and zero voting or dispositive power. It attributes the reporting change to an internal realignment and disaggregation of subsidiaries under SEC Release No. 34-39538.

Why did Vanguard change its reporting for Liberty Live (LLYVA)?

Vanguard describes an internal realignment on January 12, 2026 that led subsidiaries or business divisions to report holdings separately. The filing cites SEC Release No. 34-39538 as the basis for disaggregated reporting by those entities.

Does the amendment show any votes or dispositive power by Vanguard in LLYVA?

No. The amendment lists 0 shares for sole and shared voting power and 0 for sole and shared dispositive power. The report explicitly records zero across all voting and disposition categories.

Who signed the Schedule 13G/A amendment for LLYVA and when?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026. The signature accompanies the disclosure describing Vanguard's disaggregated reporting approach.

Will other Vanguard entities report holdings in LLYVA separately?

Yes. The filing states certain Vanguard subsidiaries or business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538. Those separate filings will disclose any beneficial ownership held by those entities.
Liberty Live Holdings, Inc.

NASDAQ:LLYVA

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