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Vanguard Portfolio Management (NCNO) discloses 6.08% holding — 6.97M shares

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

nCino Inc ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 6,974,218 shares of Common Stock, representing 6.08% of the class as of 03/31/2026. The filing shows sole voting power for 15,538 shares and sole dispositive power for 6,974,218 shares. The statement clarifies holdings include securities held for Vanguard funds and other managed accounts and is signed by the Head of Global Fund Administration on 04/29/2026.

Positive

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Negative

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Beneficially owned 6,974,218 shares Item 4(a), as of 03/31/2026
Percent of class 6.08% Item 4(b), as of 03/31/2026
Sole voting power 15,538 shares Item 4(c)(i)
Sole dispositive power 6,974,218 shares Item 4(c)(iii)
Reporting form Schedule 13G Form type provided in metadata
beneficially owned regulatory
"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.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 6974218"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Item 1. Name of issuer: nCino Inc"
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.
Investment Company Act of 1940 regulatory
"investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many nCino (NCNO) shares does Vanguard Portfolio Management report owning?

Vanguard Portfolio Management reports beneficial ownership of 6,974,218 shares of nCino Common Stock. This is the amount listed in Item 4(a) of the filing and is tied to the 03/31/2026 reporting date.

What percentage of nCino (NCNO) does Vanguard own according to the filing?

The filing states Vanguard owns 6.08% of nCino's Common Stock. That percentage is shown in Item 4(b) and corresponds to the reported 6,974,218 shares as of 03/31/2026.

What voting and dispositive powers does Vanguard report for NCNO shares?

Vanguard reports sole voting power for 15,538 shares and sole dispositive power for 6,974,218 shares. Shared voting and dispositive powers are reported as 0 in Item 4(c)(i)-(iv).

Are these nCino (NCNO) shares held on behalf of other Vanguard funds or clients?

Yes. The filing explains the shares include securities held by Vanguard funds and managed accounts over which Vanguard Portfolio Management or its affiliates exercise dispositive power. It lists affiliated entities such as Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.

Who signed the Schedule 13G for Vanguard's nCino holdings?

The Schedule 13G is signed by Ashley Grim, Head of Global Fund Administration. The signature date shown on the filing is 04/29/2026.





63947X101

(CUSIP Number)
03/31/2026

(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: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026