Vanguard Portfolio Management holds 6.27% of Ingevity (NGVT)
Rhea-AI Filing Summary
Ingevity Corp ownership filing shows 2,209,879 shares beneficially owned by Vanguard Portfolio Management, representing 6.27% of common stock. The filing reports sole voting power of 33,148 shares and sole dispositive power over 2,209,879 shares. The filing states these holdings include securities held for Vanguard funds and client accounts managed by affiliates, per SEC Release No. 34-39538.
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Insights
Vanguard holds a meaningful passive stake in Ingevity at 6.27%
Vanguard Portfolio Management reports beneficial ownership of 2,209,879 shares, a stake that exceeds the 5% reporting threshold and is disclosed here under Schedule 13G. The position appears reported in a passive/management capacity rather than as an activist intent.
Watch future filings for any shift to a Schedule 13D or trading activity that would signal active engagement; timing not specified in the excerpt.
Filing follows disclosure guidance for institutional investors and affiliates
The statement references SEC Release No. 34-39538 and lists affiliated entities (Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC) whose holdings are aggregated for dispositive power reporting. The filing includes the required voting and dispositive power breakdowns.
Confirm any subsequent amendments or Schedule 13D if Vanguard's role changes; current filing is a standard beneficial-ownership disclosure.