Vanguard Portfolio Management (SANM) discloses 5.71% beneficial stake in Sanmina
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC reports beneficial ownership of 3,061,871 shares of Sanmina Corp common stock, representing 5.71% of the class. Vanguard has sole voting power over 10,842 shares and sole dispositive power over 3,061,871 shares, with no shared voting or dispositive power disclosed.
The position aggregates holdings where Vanguard Portfolio Management LLC and certain affiliates or business divisions exercise dispositive and/or voting power, primarily for Vanguard funds and other managed accounts. No other single person is reported to have an interest in more than 5% of these securities.
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Key Figures
Beneficial ownership: 3,061,871 shares
Percent of class: 5.71%
Sole voting power: 10,842 shares
+1 more
4 metrics
Beneficial ownership
3,061,871 shares
Amount of Sanmina Corp common stock beneficially owned by Vanguard Portfolio Management
Percent of class
5.71%
Portion of Sanmina Corp common stock class reported as beneficially owned
Sole voting power
10,842 shares
Shares over which Vanguard Portfolio Management has sole power to vote
Sole dispositive power
3,061,871 shares
Shares over which Vanguard Portfolio Management has sole power to dispose
Key Terms
beneficially owned, dispositive power, sole voting power, Schedule 13G
4 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.
dispositive power financial
"exercises dispositive power, in addition to securities held by clients"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
sole voting power financial
"Sole power to vote or to direct the vote: 10842"
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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Are other investors reported to have large interests in Vanguard’s Sanmina Corp (SANM) holdings?
No other person is reported to have an interest in more than 5% of the Sanmina securities held by Vanguard Portfolio Management. The filing notes that various Vanguard funds and managed accounts have rights to dividends and sale proceeds.