Vanguard Amends Vicor Corp Stake: 2.4M Shares Disposed

TL;DR

**Vanguard just updated its Vicor Corp holdings, showing dispositive power over 2.4 million shares as of Dec 29, 2023.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment (SC 13G/A) on February 13, 2024, updating its beneficial ownership in Vicor Corp. As of December 29, 2023, Vanguard reported sole dispositive power over 2,416,015 shares of Vicor Corp's Common Stock, representing a significant stake. This filing indicates Vanguard's continued, albeit slightly adjusted, passive investment in Vicor, which is important for investors as large institutional holdings can influence stock stability and investor confidence.

Why It Matters

This filing shows a major institutional investor's updated position in Vicor Corp, which can signal confidence or a shift in strategy, potentially influencing other investors' perceptions and the stock's liquidity.

Risk Assessment

Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.

Analyst Insight

Investors should note Vanguard's continued, large, but passive holding in Vicor Corp, which suggests long-term institutional interest without indicating any immediate strategic changes or activist intentions.

Key Numbers

• 2,416,015 — Shares with Sole Dispositive Power (The number of Vicor Corp shares The Vanguard Group can sell or dispose of independently.)
• 40,215 — Shares with Shared Voting Power (The number of Vicor Corp shares The Vanguard Group can vote on jointly with others.)
• 0 — Shares with Sole Voting Power (The number of Vicor Corp shares The Vanguard Group can vote on independently.)
• 925815102 — CUSIP Number (Unique identification number for Vicor Corp's Common Stock.)
• 5 — Amendment Number (This is the 5th amendment to Vanguard's Schedule 13G filing for Vicor Corp.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Vicor Corp (company) — issuer of the securities
• Pennsylvania (company) — place of organization for The Vanguard Group
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

Forward-Looking Statements

• Vanguard will maintain a significant, passive stake in Vicor Corp. (The Vanguard Group) — high confidence, target: December 2024

FAQ

Filing Documents

• tv02220-vicorcorp.htm (SC 13G/A) — 11KB
• 0001104659-24-022244.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Vicor Corp

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 25 Frontage Road Andover, MA 01810-5499

(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 925815102

- 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

View Full Filing

View this SC 13G/A filing on SEC EDGAR