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Vanguard disaggregates holdings, reports 0 LTH shares (LTH)

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

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 1 to its Schedule 13G reporting for Life Time Group Holdings Inc. The filing states that, following an internal realignment effective January 12, 2026, Vanguard and certain subsidiaries will report beneficial ownership separately and Vanguard reports 0 shares (0%) of common stock.

The amendment explains that subsidiaries pursue the same investment strategies and that Vanguard no longer has beneficial ownership over securities held by those subsidiaries in reliance on SEC Release No. 34-39538.

Positive

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Insights

Vanguard disaggregated holdings; reported ownership now zero.

The filing records a structural reporting change: following an internal realignment on January 12, 2026, Vanguard states it will no longer aggregate certain subsidiary holdings and reports 0 shares (0%) for this issuer. The change references SEC Release No. 34-39538 as the regulatory basis.

Implications depend on subsidiary filings that should separately disclose holdings; subsequent amendments or separate 13G/A entries from the named subsidiaries will show where the economic exposure now rests.

Administrative reporting adjustment rather than a trading event.

The amendment frames this as an internal reorganization of reporting responsibilities, not an acquisition or disposition. It states that subsidiaries pursue the same investment strategies and that Vanguard "no longer has" beneficial ownership of those subsidiary-held securities per the cited SEC release.

Watch for separate disclosures from Vanguard subsidiaries or business divisions that may report beneficial ownership on a disaggregated basis in subsequent SEC filings.






53190C102

(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 Schedule 13G/A say about LTH ownership by Vanguard?

The filing states that The Vanguard Group reports 0 shares (0%) of Life Time Group Holdings Inc common stock after an internal realignment. It cites SEC Release No. 34-39538 as the basis for disaggregated reporting by subsidiaries.

Why did Vanguard report zero ownership for LTH?

Vanguard explains an internal realignment on January 12, 2026 that required subsidiaries to report beneficial ownership separately. As a result, Vanguard states it "no longer has" beneficial ownership over securities held by those subsidiaries.

Will Vanguard subsidiaries report LTH holdings separately?

Yes. The amendment says certain subsidiaries or business divisions will report beneficial ownership on a disaggregated basis in reliance on SEC Release No. 34-39538. Those subsidiary filings will identify any holdings previously reported under Vanguard.

Does the filing indicate any share transactions in LTH?

No. The amendment describes a reorganization of reporting responsibilities and does not report purchases or sales; it records an ownership position of 0 shares (0%), not transaction activity.

Who signed the amendment for Vanguard on the 13G/A?

The form is signed by Ashley Grim, titled Head of Global Fund Administration, and bears the signature date 03/27/2026, confirming the amendment's filing authority.
Life Time Group Holdings Inc

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