Vanguard reports 14.9M shares of Tapestry (NYSE: TPR) in Schedule 13G
Rhea-AI Filing Summary
Tapestry Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 14,896,730 shares of Common Stock, representing 7.35% of the class. The filer reports sole dispositive power over 14,896,730 shares and sole voting power over 1,740,916 shares.
Positive
- None.
Negative
- None.
Insights
Vanguard holds a single-digit, >5% stake in Tapestry; voting power is materially lower than dispositive power.
Vanguard Capital Management reports beneficial ownership of 14,896,730 shares (7.35%). The filing shows a large dispositive position relative to voting power, consistent with holdings managed on behalf of multiple clients and funds.
Stakeholders may note that Vanguard's dispositive control could enable future sales or voting coordination by its managed accounts; timing and intent are not disclosed in the excerpt.