Vanguard Amends Qualcomm Stake, Reports 1.48M Shared Voting Shares

TL;DR

**Vanguard still holds over 1.48M Qualcomm shares with shared voting power.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its SC 13G filing for QUALCOMM Inc/DE on February 13, 2024, indicating its ownership of 1,480,484 shares with shared voting power as of December 29, 2023. This filing, Amendment No. 10, updates Vanguard's passive stake in Qualcomm. For investors, this means a significant institutional holder continues to maintain a position, which can signal confidence in the stock's long-term prospects, but the specific percentage of ownership is not provided in this excerpt.

Why It Matters

This filing shows that a major institutional investor, The Vanguard Group, continues to hold a substantial, albeit passive, stake in Qualcomm, which can be a positive signal for other investors regarding the company's stability and long-term value.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or significant changes in company control.

Analyst Insight

Investors should note that a major institutional investor like Vanguard continues to hold a substantial position in Qualcomm, which can be a sign of long-term stability, but this filing alone doesn't suggest any immediate catalysts for price movement.

Key Numbers

• 1,480,484 — Shares with Shared Voting Power (This is the number of Qualcomm shares over which The Vanguard Group has shared voting power, indicating their continued significant, passive investment.)

Key Players & Entities

• QUALCOMM Inc/DE (company) — the subject company whose securities are being reported
• The Vanguard Group (company) — the reporting person filing the SC 13G/A
• 1,480,484 (dollar_amount) — number of shares with shared voting power held by Vanguard
• December 29, 2023 (date) — date of the event which required the filing
• February 13, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Vanguard will maintain a significant, passive stake in Qualcomm. (The Vanguard Group) — high confidence, target: Next 12 months

FAQ

From the Filing

0001104659-24-021780.txt : 20240213 0001104659-24-021780.hdr.sgml : 20240213 20240213171221 ACCESSION NUMBER: 0001104659-24-021780 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUALCOMM INC/DE CENTRAL INDEX KEY: 0000804328 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 953685934 STATE OF INCORPORATION: DE FISCAL YEAR END: 0929 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43657 FILM NUMBER: 24629354 BUSINESS ADDRESS: STREET 1: 5775 MOREHOUSE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8585871121 MAIL ADDRESS: STREET 1: 5775 MOREHOUSE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01766-qualcomminc.htm SCHEDULE 13G/A qualcomminc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 10)* Name of issuer:  QUALCOMM Inc Title of Class of Securities:  Common Stock CUSIP Number:  747525103 Date of Event Which Requires Filing of this Statement: December 29, 2023 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) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  747525103 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 1,480,484 7.  SOLE DISPOSITIVE POWER 105,979,014 8.  SHARED DISPOSITIVE POWER 4,990,046 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 110,969,060 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.97% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: QUALCOMM Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 5775 Morehouse Drive San Diego, CA 92121-1714 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Number 747525103 Item 3 - Type of Filing: This stat