Wellington reports 5.5% stake in Ryder System
Ryder System, Inc. received an amended Schedule 13G from Wellington Management Group LLP and related entities reporting a significant passive ownership position.
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Rhea-AI Filing Summary
Ryder System, Inc. received an amended Schedule 13G from Wellington Management Group LLP and related entities reporting a significant passive ownership position. The Wellington group reports beneficial ownership of 2,234,552 shares of Ryder common stock, representing 5.5% of the class as of the reported date.
Across the reporting entities, Wellington has no sole voting or dispositive power but reports shared voting power over 1,661,734 shares and shared dispositive power over 2,234,552 shares. The shares are held of record by clients of various Wellington investment advisers, and no individual client is known to hold more than five percent of the class.
The filers certify the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Ryder System.
FAQ
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What does Ryder System (R) disclose in this Wellington Schedule 13G/A?
The filing shows Wellington Management Group LLP and affiliates as passive owners of Ryder System common stock. They report beneficial ownership of 2,234,552 shares, representing 5.5% of the outstanding class, held on behalf of advisory clients.
Does Wellington seek to influence control of Ryder System (R) with this 5.5% stake?
No. The filers certify the Ryder shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control, consistent with a passive Schedule 13G reporting posture.
Do any single Wellington client accounts hold over 5% of Ryder System (R)?
No. The filing states that while clients of Wellington advisers own the reported Ryder shares, no such client is known to have the right or power over more than five percent of the Ryder System common stock class.
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