Vanguard reports 93.3M-share, 7.51% stake in Gilead Sciences (NASDAQ: GILD)
Rhea-AI Filing Summary
Gilead Sciences Inc reported a 13G filing showing 7.51% ownership represented by 93,327,127 shares. Vanguard Capital Management states it has sole dispositive power over 93,327,127 shares and sole voting power for 12,672,351 shares, and discloses affiliated investment divisions that exercise voting or dispositive authority.
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Insights
Vanguard reports a significant passive stake and discloses affiliated voting/dispositive arrangements.
Schedule 13G indicates passive beneficial ownership of 93,327,127 shares representing 7.51% of common stock. The filing lists sole dispositive power and a smaller sole voting power, reflecting typical asset-manager custody and voting allocations.
Watch future filings for any shift to an active filing status; timing not specified in the excerpt.
Large institutional stake disclosed; the filing clarifies which Vanguard entities hold voting or dispositive authority.
The statement identifies Vanguard Capital Management and affiliates (Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, Vanguard Investments Australia Ltd.) as exercising voting/dispositive power over the reported shares. This is a standard disclosure for multi-entity asset managers.
Subsequent 13D/13G amendments would show material changes to ownership or intentions.