SCHEDULE 13G/A: Vanguard Group Discloses 8.67% Stake in Berry Corp Common Stock

The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 8.67% in Berry Corp's common stock as of March 31, 2025.

Summary

• The Vanguard Group, an investment adviser, filed an Amendment No. 4 to Schedule 13G regarding its beneficial ownership in Berry Corp.
• As of March 31, 2025, Vanguard beneficially owned an aggregate of 6,699,963 shares of Berry Corp's common stock.
• This aggregate amount represents 8.67% of Berry Corp's common stock.
• Vanguard holds sole dispositive power over 6,383,933 shares and shared dispositive power over 316,030 shares.
• Vanguard holds shared voting power over 290,584 shares and no sole voting power.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Berry Corp.

Sentiment

Score: 5

Explanation: Neutral, as this filing is a factual disclosure of beneficial ownership and does not contain performance or forward-looking statements, nor does it imply any strategic action beyond passive investment.

Future Outlook

NA

Industry Context

This Schedule 13G filing indicates that The Vanguard Group, a major institutional investment manager, holds a significant passive stake in Berry Corp. Such filings are common for large asset managers who acquire more than 5% of a company's shares for investment purposes, rather than to influence control. It reflects Vanguard's portfolio allocation decisions within the broader market.

Comparison to Industry Standards

• As a passive investment, this filing does not provide performance metrics for comparison. However, it is standard practice for large institutional investors like The Vanguard Group, BlackRock, or State Street to hold significant, diversified stakes across numerous publicly traded companies, often exceeding 5% thresholds, which necessitates these disclosures.
• The 8.67% stake in Berry Corp is a substantial holding for a single entity, aligning with the typical portfolio composition of major index fund providers.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can be viewed positively as a vote of confidence or simply as part of a diversified portfolio strategy.
• Company Management: Awareness of a large, passive institutional holder like Vanguard, which typically focuses on long-term performance and corporate governance best practices.
• Market Observers: Offers insight into institutional investment trends and the ownership structure of Berry Corp.

Key Dates

Keywords

Vanguard Group, Berry Corp, Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, SEC Filing, Investment Adviser