Vanguard Portfolio Management (NYSE: YEXT) reports 6.55M-share, 5.31% holding
Rhea-AI Filing Summary
Yext Inc reports a passive institutional holding of 6,552,621 shares of Common Stock, representing 5.31% of the class as of 03/31/2026. The filing states Vanguard Portfolio Management exercises sole dispositive power over these shares and holds 443,233 shares of sole voting power. The filing notes holdings are reported on behalf of multiple Vanguard affiliates and funds.
Positive
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Insights
Vanguard holds a >5% passive stake in Yext, reported under Schedule 13G.
Vanguard Portfolio Management reports 6,552,621 shares (5.31%) with sole dispositive power and 443,233 shares of sole voting power as of 03/31/2026. The filing characterizes the position as attributable across Vanguard affiliates, including fund holdings.
Because this is a Schedule 13G disclosure for a passive investor, it signals passive institutional ownership rather than an active takeover intent. Subsequent filings would show any change in intent or voting behavior.