Vanguard Portfolio Management takes 5.43% stake in Lattice Semiconductor (LSCC)
Rhea-AI Filing Summary
Vanguard Portfolio Management reported beneficial ownership of 7,435,097 shares of Lattice Semiconductor Corp common stock, representing 5.43% of the class as of 03/31/2026. The filing shows sole voting power for 34,210 shares and sole dispositive power for 7,435,097 shares. The Schedule 13G statement, signed 04/29/2026, clarifies ownership includes securities held for Vanguard funds and managed accounts over which Vanguard Portfolio Management LLC or its affiliates exercise dispositive power.
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Insights
Vanguard holds a passive >5% stake in Lattice Semiconductor as of 03/31/2026.
Vanguard Portfolio Management reports 7,435,097 shares or 5.43% ownership, consistent with a Section 13G passive investor filing rather than an activist schedule. The filing attributes dispositive power to Vanguard and notes holdings include Vanguard funds and managed accounts.
Key items to watch in subsequent filings are any change in percentage ownership or conversion to a Schedule 13D, which would indicate active intent. Timing: ownership reported as of 03/31/2026; the statement was signed on 04/29/2026.
Reported voting power is concentrated in dispositive control, not voting control.
The filing shows Vanguard has sole dispositive power over 7,435,097 shares but sole voting power for only 34,210 shares, implying many shares are held in fund vehicles where voting may be retained by other affiliates or clients. The statement follows SEC Release No. 34-39538 disclosure conventions for affiliated holdings.
Investors monitoring ownership dynamics should note whether future amendments change voting percentages or disclose any coordinated action; current filing characterizes the position as passive under Schedule 13G standards.