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Vanguard disaggregates holdings; Sempra (SRE) ownership shown as 0

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

Rhea-AI Filing Summary

Sempra ownership update: The Vanguard Group filed an Amendment No. 12 to a Schedule 13G/A reporting that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report holdings separately. The filing states amount beneficially owned: 0 and percent of class: 0%.

The filing explains Vanguard disaggregated prior aggregated reporting under SEC Release No. 34-39538; Vanguard no longer has beneficial ownership over securities held by those subsidiaries, and the filing is signed by Ashley Grim, Head of Global Fund Administration.

Positive

  • None.

Negative

  • None.

Insights

Vanguard reports zero beneficial ownership after internal realignment.

The filing records 0 shares and 0% ownership in Sempra, and describes an internal reorganization effective January 12, 2026 that caused certain subsidiaries/divisions to report separately pursuant to SEC Release No. 34-39538.

Cash‑flow treatment is not discussed in the excerpt; subsequent filings from the reporting subsidiaries may show any holdings. The operational note is administrative and does not itself change Sempra equity structure.

Administrative disaggregation clarifies reporting lines, not ownership transfer.

The filing states Vanguard "no longer has, or is deemed to have, beneficial ownership" of securities held by those subsidiaries after the realignment; this is a reporting change under SEC guidance rather than an allegation of transfer or sale.

Investors can check later 13G/A or 13D filings by the named subsidiaries for any material holdings; the current excerpt lists 0 shares for The Vanguard Group.






816851109

(CUSIP Number)
03/13/2026

(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: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does The Vanguard Group's 13G/A Amendment No. 12 say about Sempra (SRE) ownership?

It states amount beneficially owned: 0 and percent of class: 0%, reflecting disaggregated reporting after an internal realignment effective January 12, 2026.

Why did Vanguard change how it reports holdings for Sempra (SRE)?

Vanguard cites an internal realignment on January 12, 2026 and relies on SEC Release No. 34-39538 to report certain subsidiaries separately rather than aggregating under The Vanguard Group, Inc.

Does this filing mean Vanguard sold Sempra (SRE) shares?

No. The filing describes administrative disaggregation of reporting; it states The Vanguard Group's beneficial ownership is 0 shares, but does not describe sales or transfers in this excerpt.

Who signed the Schedule 13G/A Amendment for Vanguard regarding Sempra (SRE)?

The filing is signed by Ashley Grim, identified as Head of Global Fund Administration, with an executed date of 03/27/2026 on the signature block.

Will this change disclose Sempra holdings elsewhere?

Yes. The filing explains certain subsidiaries will report separately; those subsequent 13G/A or 13D filings by the subsidiaries would disclose any holdings and are the appropriate sources for their positions.
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