Vanguard Capital Management (XERS) discloses 8.64M-share, 5% holding in Xeris
Rhea-AI Filing Summary
Vanguard Capital Management LLC, together with certain affiliates, reports beneficial ownership of 8,637,640 shares of Xeris Biopharma Holdings Inc common stock, representing 5% of the class. Vanguard has sole voting power over 1,297,411 shares and sole dispositive power over all 8,637,640 shares, with no shared voting or dispositive power.
The position reflects securities held by various Vanguard funds and other managed accounts over which Vanguard or its affiliates exercise voting and/or dispositive authority. Vanguard states that no other single person has an interest in more than 5% of the securities reported.
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Key Figures
Beneficial ownership: 8,637,640 shares
Percent of class: 5%
Sole voting power: 1,297,411 shares
+1 more
4 metrics
Beneficial ownership
8,637,640 shares
Total Xeris Biopharma common shares beneficially owned by Vanguard Capital Management and affiliates
Percent of class
5%
Portion of Xeris Biopharma common stock class beneficially owned
Sole voting power
1,297,411 shares
Shares for which Vanguard Capital Management has sole power to vote or direct the vote
Sole dispositive power
8,637,640 shares
Shares for which Vanguard Capital Management has sole power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 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.
Sole Voting Power financial
"5 | Sole Voting Power 1,297,411.00 6 | Shared Voting Power 0.00"
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.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 8,637,640.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... the reporting business unit in accordance with such release."
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.
Investment Company Act of 1940 regulatory
"investment companies registered under the Investment Company Act of 1940 and other managed accounts"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What voting power does Vanguard Capital Management have over its Xeris Biopharma (XERS) stake?
Vanguard Capital Management has sole voting power over 1,297,411 shares of Xeris Biopharma and no shared voting power. It also has sole dispositive power over 8,637,640 shares, meaning authority to decide if and when those shares are sold.
Does any other single investor besides Vanguard hold over 5% through Vanguard’s Xeris Biopharma (XERS) accounts?
According to the filing, no other person has an interest in more than 5% of the Xeris Biopharma securities reported. The shares are held for various Vanguard investment companies and managed accounts, none individually exceeding that threshold.
Which Vanguard entities are included in the reported Xeris Biopharma (XERS) ownership?
The reported holdings include securities beneficially owned by Vanguard Capital Management LLC and affiliates such as Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd, plus related Vanguard funds and managed accounts.
What type of filing discloses Vanguard’s 5% stake in Xeris Biopharma (XERS)?
The stake is disclosed on a Schedule 13G, used when a holder exceeds 5% beneficial ownership of a class of equity securities and qualifies to report as a passive investor rather than an active acquirer seeking control.