Vanguard Amends Vornado Realty Trust Stake: 21 Shared Voting Shares
Ticker: VNO-PO · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 899689
| Field | Detail |
|---|---|
| Company | Vornado Realty Trust (VNO-PO) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Vanguard Group updated its Vornado Realty Trust holdings, showing shared voting power over 21 shares as of Dec 29, 2023.**
AI Summary
The Vanguard Group, a major investment management company, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Vornado Realty Trust. As of December 29, 2023, Vanguard reported having shared voting power over 21 shares of Vornado's Common Stock, with zero sole voting power. This filing, an amendment number 20, indicates a minor adjustment in Vanguard's reported beneficial ownership, which is important for investors to track as large institutional holdings can influence stock perception and liquidity.
Why It Matters
This filing shows a slight adjustment in a major institutional investor's reported stake, which can signal subtle shifts in their portfolio strategy or simply be a routine update. For investors, knowing who holds significant shares can provide insights into market confidence and potential trading activity.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any significant change in ownership or strategy that would pose a high risk.
Analyst Insight
Investors should note that this is a routine update from a large passive fund manager, indicating no significant change in investment thesis. It's a data point for tracking institutional ownership, but not a signal for immediate action.
Key Numbers
- 21 — Shared Voting Power Shares (Represents the number of Vornado Realty Trust shares over which Vanguard Group has shared voting power as of December 29, 2023.)
- 0 — Sole Voting Power Shares (Indicates that Vanguard Group holds no shares with sole voting power in Vornado Realty Trust as of December 29, 2023.)
Key Players & Entities
- Vanguard Group (company) — the reporting person filing the SC 13G/A
- Vornado Realty Trust (company) — the issuer of the securities
- 21 (dollar_amount) — number of shares with shared voting power
- December 29, 2023 (date) — date of event requiring the filing
- February 13, 2024 (date) — date the filing was made
Forward-Looking Statements
- Vanguard Group will maintain its position as a significant institutional holder in Vornado Realty Trust, with future filings likely reflecting minor portfolio adjustments rather than major divestments. (Vanguard Group) — medium confidence, target: December 31, 2024
FAQ
Who filed this SC 13G/A amendment?
The Vanguard Group, with IRS Identification No. 23-1945930, filed this SC 13G/A amendment regarding Vornado Realty Trust.
What is the name of the issuer whose securities are being reported on?
The issuer is Vornado Realty Trust, identified by CUSIP Number 929042109.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023.
How many shares of Vornado Realty Trust Common Stock does Vanguard Group report having sole voting power over?
The Vanguard Group reports having sole voting power over 0 shares of Vornado Realty Trust Common Stock.
How many shares of Vornado Realty Trust Common Stock does Vanguard Group report having shared voting power over?
The Vanguard Group reports having shared voting power over 21 shares of Vornado Realty Trust Common Stock.
Filing Stats: 809 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-02-13 17:17:36
Filing Documents
- tv02241-vornadorealtytrust.htm (SC 13G/A) — 11KB
- 0001104659-24-022265.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: Vornado Realty Trust
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: 888 Seventh Avenue New York, NY 10019
(a) - Name of Person Filing
Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930
(b) – Address of Principal Business Office or, if none, residence
Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355
(c) – Citizenship
Item 2(c) – Citizenship: Pennsylvania
(d) - Title of Class of Securities
Item 2(d) - Title of Class of Securities: Common Stock
(e) - CUSIP Number
Item 2(e) - CUSIP Number 929042109
- Type of Filing
Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
- Ownership
Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.
- Ownership of Five Percent or Less of a Class
Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following
- Ownership of More Than Five Percent on Behalf of Another Person
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable
- Identification and Classification of Members of Group
Item 8 - Identification and Classification of Members of Group: Not applicable
- Notice of Dissolution of Group
Item 9 - Notice of Dissolution of Group: Not applicable
- Certification
Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration