Vanguard Portfolio Management (MZTI) discloses 5.11% beneficial stake in Marzetti
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC reported beneficial ownership of common stock of Marzetti Company/The. The firm and certain affiliates beneficially own 1,402,556 shares, representing 5.11% of the outstanding common stock as of the reported date.
Vanguard has sole voting power over 17,879 shares and sole dispositive power over 1,402,556 shares, with no shared voting or dispositive power. The holdings include securities held by Vanguard funds and managed accounts over which Vanguard entities exercise voting and/or dispositive authority; no other individual person has an interest in more than 5% of this class through these holdings.
Positive
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Negative
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Key Figures
Beneficial ownership: 1,402,556 shares
Percent of class: 5.11%
Sole voting power: 17,879 shares
+1 more
4 metrics
Beneficial ownership
1,402,556 shares
Common stock of Marzetti Company/The reported by Vanguard Portfolio Management
Percent of class
5.11%
Portion of Marzetti Company/The common stock beneficially owned
Sole voting power
17,879 shares
Shares over which Vanguard Portfolio Management has sole power to vote
Sole dispositive power
1,402,556 shares
Shares over which Vanguard Portfolio Management has sole power to dispose
Key Terms
beneficially owned, dispositive power, Sole Voting Power, Percent of class, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"over which Vanguard Portfolio Management LLC exercises dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Sole Voting Power financial
"5 | Sole Voting Power 17,879.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Percent of class financial
"(b) | Percent of class: 5.11 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... reported herein"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What voting power does Vanguard have over its Marzetti Company/The (MZTI) holdings?
Vanguard has sole voting power over 17,879 shares of Marzetti Company/The and no shared voting power. It retains sole dispositive power over 1,402,556 shares, with no shared dispositive authority disclosed in this Schedule 13G filing.
Which Vanguard entities are included in the Marzetti Company/The (MZTI) Schedule 13G filing?
The filing covers securities beneficially owned or deemed owned by Vanguard Portfolio Management LLC and affiliates or divisions, including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, reflecting their dispositive and, in some cases, voting authority.
Does any other person have more than a 5% interest through Vanguard’s Marzetti Company/The (MZTI) holdings?
The filing states that no other person's interest in the Marzetti Company/The securities reported is more than 5%. Vanguard funds and other managed accounts may receive dividends or sale proceeds, but no single other person exceeds this threshold.