SCHEDULE: Vanguard Discloses 5.86% Stake in Agilon Health

The Vanguard Group reported a 5.86% beneficial ownership stake in agilon health Inc., holding over 24 million common shares as of September 30, 2025.

Summary

• The Vanguard Group beneficially owns 24,292,603 shares of agilon health Inc. Common Stock.
• This ownership represents 5.86% of the class of securities.
• As of September 30, 2025, Vanguard holds sole dispositive power over 21,890,675 shares and shared dispositive power over 2,401,928 shares.
• Vanguard holds shared voting power over 2,076,130 shares and no sole voting power.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant passive stake by a major institutional investor like Vanguard is generally viewed as a positive signal of confidence in the company's long-term prospects, although it does not reflect operational performance or new strategic initiatives.

Positives

• Continued significant institutional ownership by a major fund manager like The Vanguard Group signals confidence in agilon health Inc.'s long-term prospects.
• Vanguard's certification indicates a passive investment strategy, suggesting stability rather than activist intervention.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding agilon health Inc.'s operational or financial performance.

Industry Context

The Vanguard Group's continued significant investment in agilon health Inc. reflects ongoing institutional interest in the healthcare services sector, particularly companies focused on value-based care models and physician enablement.

Stakeholder Impact

• Shareholders may view the continued significant institutional ownership by Vanguard as a positive indicator of long-term value and stability.
• The passive nature of the investment suggests no immediate impact on corporate strategy or governance from this specific filing.

Key Dates

Keywords

agilon health, Vanguard Group, beneficial ownership, Schedule 13G, common stock, institutional investment, healthcare services, AGL