Vanguard Portfolio Management (NYSE: NOV) reports 18.93M shares, 5.25%
Rhea-AI Filing Summary
NOV Inc Schedule 13G: Vanguard Portfolio Management reports beneficial ownership of 18,929,098 shares of Common Stock, representing 5.25% of the class as of 03/31/2026. The filing states sole dispositive power over 18,929,098 shares and sole voting power over 177,026 shares.
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Insights
Vanguard reports a 5.25% stake in NOV with dispositive control over 18.93M shares.
Vanguard Portfolio Management discloses beneficial ownership of 18,929,098 shares, giving it 5.25% of the outstanding common stock as of 03/31/2026. The filing attributes sole dispositive power to Vanguard for the full position and limited sole voting power over 177,026 shares.
Holding is reported on behalf of multiple Vanguard affiliates and funds; voting and disposition rights are described in aggregated form. Subsequent filings would show any changes to the stake or voting arrangements.
Schedule 13G disclosure follows passive/investment manager reporting conventions with affiliate aggregation.
The filing cites SEC Release No. 34-39538 and explains aggregation across Vanguard Portfolio Management LLC and specified affiliates, including fiduciary and advisory entities. This clarifies why multiple managed accounts and funds are reported together under a single ownership total.
Signature block shows the filing was signed on 04/29/2026. Any changes affecting the >5% threshold would trigger amended disclosure obligations under applicable rules.