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Vanguard disaggregates holdings; Nucor (NUE) ownership reported as 0%

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

Rhea-AI Filing Summary

Nucor Corp (Common Stock): The Vanguard Group filed a Schedule 13G/A Amendment No. 11 reporting 0 shares beneficially owned and 0% of the class after an internal realignment. The filing states certain Vanguard subsidiaries will report separately in reliance on SEC Release No. 34-39538, effective after the January 12, 2026 realignment.

Positive

  • None.

Negative

  • None.

Insights

Vanguard reports no beneficial ownership here after disaggregation.

The filing lists 0 shares and 0% ownership, tying the change to an internal realignment on January 12, 2026. This means reported holdings for related strategies will appear under separate Vanguard entities going forward.

Impact depends on disclosures from those separate filers; subsequent Schedule 13 filings by Vanguard subsidiaries will show where economic exposure now resides.

Amendment cites reliance on SEC Release No. 34-39538 for disaggregated reporting.

The filer invokes the release to explain that subsidiaries formerly aggregated with The Vanguard Group, Inc. will report separately. The filing explicitly states Vanguard no longer is deemed to beneficially own the securities held by those subsidiaries.

Watch for separate filings from the named subsidiaries for the reallocated beneficial ownership; timing and amounts are not provided in this excerpt.






670346105

(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 Vanguard Group's 13G/A amendment for Nucor (NUE) state?

It states Vanguard reports 0 shares and 0% beneficial ownership after reorganization. The amendment attributes the change to an internal realignment on January 12, 2026, with related subsidiaries now reporting separately under SEC Release No. 34-39538.

Does this filing mean Vanguard no longer manages Nucor exposure for clients?

No; the filing says Vanguard disaggregated reporting, not that economic exposure ceased. The amendment explains subsidiaries will report separately and continue prior investment strategies previously under Vanguard.

When did the internal realignment that triggered the 13G/A occur?

The filing identifies the internal realignment as occurring on January 12, 2026. The amendment (Amendment No. 11) and signature bear dates in March 2026 reflecting the reporting update.

Will Nucor (NUE) shares appear under other Vanguard entities' filings?

Yes; the amendment says certain subsidiaries or business divisions will report beneficial ownership separately. Investors should look for subsequent Schedule 13 filings from those Vanguard entities for share counts and percentages.

Who signed the Schedule 13G/A amendment for Vanguard in this filing?

The filing is signed by Ashley Grim, titled Head of Global Fund Administration, with the signature date shown as 03/27/2026. The filing lists Vanguard's Malvern, PA address.
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