Dimensional Fund Advisors reports 8.3% stake in Scholastic (NASDAQ: SCHL)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Dimensional Fund Advisors filed an amendment reporting beneficial ownership of 1,734,301 shares (8.3%) of Scholastic Corp common stock as of 03/31/2026.
The filing states sole voting power of 1,704,732 shares and sole dispositive power of 1,734,301 shares, and includes a disclosure that the shares are owned by managed Funds and that Dimensional disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 1,734,301 shares
Percent of class: 8.3%
Sole voting power: 1,704,732 shares
+2 more
5 metrics
Beneficial ownership
1,734,301 shares
amount beneficially owned (as reported)
Percent of class
8.3%
percent of class (as reported)
Sole voting power
1,704,732 shares
shares with sole power to vote
Sole dispositive power
1,734,301 shares
shares with sole power to dispose
Filing signature date
04/09/2026
signature date on Schedule 13G/A amendment
Key Terms
Schedule 13G/A, beneficial owner, sole dispositive power, investment adviser
4 terms
Schedule 13G/A regulatory
"Amendment No. 16 ) Scholastic Corp Common Stock"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial owner regulatory
"Dimensional disclaims beneficial ownership of such securities."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1,734,301"
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.
investment adviser regulatory
"Dimensional Fund Advisors LP, an investment adviser registered under Section 203"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
What stake does Dimensional Fund Advisors report in SCHL?
Dimensional reports ownership of 1,734,301 shares, equal to 8.3% of the class. The filing shows these shares are held by Funds advised or sub-advised by Dimensional; Dimensional states it disclaims beneficial ownership and provides voting/dispositive power figures.
When was the Schedule 13G/A amendment for SCHL signed?
The Schedule 13G/A amendment was signed on 04/09/2026 and lists data dated 03/31/2026. The signature block identifies Selwyn Notelovitz as Global Chief Compliance Officer for the reporting entity.