Vanguard Portfolio Management (RGTI) discloses 5.95% beneficial stake in Rigetti
Rhea-AI Filing Summary
Rigetti Computing Inc reports a Schedule 13G showing Vanguard Portfolio Management beneficially owns 19,783,005 shares as of 03/31/2026, representing 5.95% of the class. The filing states sole dispositive power over 19,783,005 shares and sole voting power for 316,483 shares; it attributes ownership across Vanguard Portfolio Management LLC and affiliated divisions.
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Insights
Large passive stake disclosed: Vanguard holds a 5.95% position in Rigetti as of 03/31/2026.
Vanguard Portfolio Management reports beneficial ownership of 19,783,005 shares with sole dispositive power. The filing attributes holdings to Vanguard Portfolio Management LLC and specified affiliates, consistent with aggregated reporting for investment managers.
Voting authority is limited to 316,483 shares; the filing notes aggregated fund and client holdings rather than a single investor controlling votes. Subsequent filings may show changes.
Disclosure clarifies who holds voting and dispositive powers within Vanguard's reporting group.
The statement follows SEC guidance and lists affiliated entities (Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC) whose holdings are aggregated under Vanguard Portfolio Management LLC. This explains the difference between voting and dispositive counts.
There is no indication of a change in control intent; the filing is a standard beneficial-ownership disclosure dated 03/31/2026 and signed on 04/29/2026.