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Vanguard Portfolio Management (RGTI) discloses 5.95% beneficial stake in Rigetti

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

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.

Positive

  • None.

Negative

  • None.

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.

Beneficial ownership 19,783,005 shares reported as of 03/31/2026
Percent of class 5.95% percentage ownership as reported
Sole voting power 316,483 shares sole power to vote or direct vote
beneficially owned regulatory
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 19783005"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Item 1. | (a) | Name of issuer: Rigetti Computing Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Investment Company Act regulatory
"investment company registered under the Investment Company Act of 1940"
The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.





76655K103

(CUSIP Number)
03/31/2026

(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: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026

FAQ

What stake does Vanguard report in Rigetti (RGTI)?

Vanguard reports beneficial ownership of 19,783,005 shares, representing 5.95% of Rigetti's common stock as of 03/31/2026. The filing aggregates holdings across Vanguard Portfolio Management LLC and affiliated divisions that exercise dispositive power.

How many votes can Vanguard cast for RGTI shares?

Vanguard reports sole voting power over 316,483 shares and no shared voting power as of 03/31/2026. The larger beneficial position is held with dispositive, not voting, authority across Vanguard-managed accounts.

Does this Schedule 13G indicate Vanguard is seeking control of Rigetti?

No. The filing is a beneficial-ownership disclosure showing a 5.95% position; it does not state any intent to acquire control. It aggregates managed fund and client holdings under Vanguard Portfolio Management LLC.

Which Vanguard entities are included in this disclosure?

The filing names Vanguard Portfolio Management LLC and affiliates including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, and references Vanguard-managed funds and client accounts whose securities are aggregated under the reporting unit.

What dates are relevant in the Vanguard filing for RGTI?

The beneficial-ownership date is 03/31/2026, and the filing is signed on 04/29/2026. These dates anchor the reported share and voting figures in the document.