Vanguard holds 2.55M Phinia shares, 6.71% stake (PHIN)
Rhea-AI Filing Summary
Vanguard Portfolio Management reports beneficial ownership of 2,545,272 shares of Phinia Inc common stock, representing 6.71% of the class as of the filing. The filer discloses sole dispositive power over 2,545,272 shares and sole voting power for 32,569 shares.
The disclosure states these holdings include securities held for Vanguard funds and managed accounts and notes that no single outside person holds more than 5% of the class. The form is signed by Vanguard's Head of Global Fund Administration.
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Insights
Large passive asset manager reports a 6.71% stake in Phinia Inc.
Vanguard Portfolio Management reports beneficial ownership of 2,545,272 shares, with sole dispositive power over the full holding and limited sole voting power (32,569 shares). The filing attributes holdings to Vanguard funds and managed accounts.
Because this is a Schedule 13G, it signals passive investment reporting rather than an activist intent; subsequent Form 13D or changes in voting power would be material.