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Vanguard Portfolio Management takes 6.23% stake in WSFS (NASDAQ: WSFS)

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

Rhea-AI Filing Summary

WSFS Financial Corp reported that Vanguard Portfolio Management beneficially owned 3,287,307 shares of Common Stock, representing 6.23% of the class as of 03/31/2026. The filer indicates sole dispositive power over 3,287,307 shares and sole voting power for 29,485 shares. The filing attributes ownership to Vanguard Portfolio Management LLC and specified affiliates and notes holdings include securities of Vanguard funds and managed accounts.

Positive

  • None.

Negative

  • None.

Insights

Vanguard holds a significant passive stake in WSFS at 6.23%.

The filing shows 3,287,307 shares beneficially owned as of 03/31/2026, with dispositive authority centralized at Vanguard Portfolio Management LLC and affiliates. This is a standard quarterly disclosure under Schedule 13G for passive institutional investors.

Key dependencies include fund flows and portfolio rebalancing by Vanguard funds and managed accounts; subsequent filings will show changes.

Disclosure clarifies voting and disposition powers across Vanguard entities.

The filer explicitly separates voting power (29,485 shares) from dispositive power (3,287,307 shares), and cites SEC Release No. 34-39538 in attributing holdings across affiliated management entities. This language is typical when multiple Vanguard entities and client accounts are aggregated.

Watch for future Schedule 13D/G amendments if ownership or intent changes.

Beneficially owned shares 3,287,307 shares as of 03/31/2026
Percent of class 6.23% percent of Common Stock
Sole voting power 29,485 shares shares with sole power to vote
Sole dispositive power 3,287,307 shares shares with sole power to dispose
Reporting form Schedule 13G passive institutional filing
Signature date 04/29/2026 filing signed by Ashley Grim
dispositive power regulatory
"sole power to dispose or to direct the disposition of: 3,287,307"
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.
Schedule 13G regulatory
"form_type: SCHEDULE 13G"
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.
beneficially owned regulatory
"Amount beneficially owned: 3287307"
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.
SEC Release No. 34-39538 regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998)"





929328102

(CUSIP Number)
03/31/2026

(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: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026