Vanguard Portfolio Management (RNG) discloses 6.56M RingCentral shares under its control
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC, together with certain affiliated Vanguard entities, reports beneficial ownership of 6,562,347 shares of RingCentral Inc. common stock, representing 8.85% of the class. Vanguard has sole voting power over 59,817 shares and sole dispositive power over all 6,562,347 shares, with no shared voting or dispositive power.
The filing explains that the reported holdings include securities held by Vanguard funds and managed accounts over which Vanguard or specified affiliates exercise dispositive and/or voting authority. No other single person’s interest in the reported securities exceeds 5% of the class.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 6,562,347 shares
Percent of class: 8.85%
Sole voting power: 59,817 shares
+3 more
6 metrics
Beneficial ownership
6,562,347 shares
RingCentral common stock beneficially owned by Vanguard Portfolio Management and affiliates
Percent of class
8.85%
Portion of RingCentral common stock class reported as beneficially owned
Sole voting power
59,817 shares
RingCentral shares over which Vanguard Portfolio Management has sole voting power
Sole dispositive power
6,562,347 shares
RingCentral shares over which Vanguard Portfolio Management has sole power to dispose
Shared voting power
0 shares
RingCentral shares with shared power to vote or direct the vote
Shared dispositive power
0 shares
RingCentral shares with shared power to dispose or direct disposition
Key Terms
beneficially owned, sole dispositive power, sole voting power, percent of class, +1 more
5 terms
beneficially owned financial
"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 financial
"Sole Dispositive Power 6,562,347.00"
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.
sole voting power financial
"Sole Voting Power 59,817.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of class financial
"Percent of class: 8.85 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Investment Company Act of 1940 regulatory
"investment companies registered under the Investment Company Act of 1940 and other managed accounts"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Which entities are included in Vanguard Portfolio Management’s RingCentral (RNG) ownership report?
The report covers securities beneficially owned or deemed owned by Vanguard Portfolio Management LLC, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and certain Vanguard funds and managed accounts they oversee.
Do any other investors hold more than 5% of RingCentral (RNG) through Vanguard-managed accounts?
The filing states that no other single person’s interest in the securities reported by Vanguard Portfolio Management exceeds 5% of RingCentral’s common stock class.