SCHEDULE: Vanguard Group Reports 0% Stake in Celsius Holdings

The Vanguard Group reported a 0% beneficial ownership in Celsius Holdings Inc. following an internal realignment, indicating a change in reporting structure.

Summary

• The Vanguard Group filed an Amendment No. 4 to Schedule 13G for Celsius Holdings Inc. Common Stock.
• The filing indicates that The Vanguard Group now beneficially owns 0% of Celsius Holdings Inc.'s Common Stock.
• This change is a direct result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will now report their beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over the securities beneficially owned by these disaggregated subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing. It reflects an internal structural change at The Vanguard Group regarding its reporting methodology rather than a direct positive or negative assessment of Celsius Holdings Inc.'s performance or prospects.

Risks

• Investors tracking The Vanguard Group's aggregate holdings will need to consult separate filings from its subsidiaries and business divisions to ascertain the full extent of Vanguard's collective beneficial ownership in Celsius Holdings Inc. post-realignment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that institutional ownership changes, especially from major asset managers like The Vanguard Group, can sometimes signal shifts in investment strategy or portfolio rebalancing. While this specific filing indicates an internal structural change at Vanguard rather than a direct investment thesis change regarding Celsius, it means that tracking Vanguard's total exposure to Celsius will now require aggregating data from multiple filings.

Stakeholder Impact

• Shareholders of Celsius Holdings Inc. may note the change in institutional ownership reporting structure, though the underlying investment by Vanguard's various funds likely remains, just reported differently.
• Investors tracking The Vanguard Group's holdings will need to consider disaggregated filings from its subsidiaries for a complete picture of its exposure to Celsius Holdings Inc.

Key Dates

Recommendation

The filing primarily reflects an internal organizational change at The Vanguard Group regarding how it reports beneficial ownership, rather than a strategic investment decision to fully exit Celsius Holdings Inc. The underlying investment by Vanguard's various funds may still exist, just disaggregated. Therefore, this administrative update does not provide sufficient new information to warrant a change in investment recommendation for Celsius Holdings Inc. based solely on this filing.

Keywords

Celsius Holdings Inc, CELH, Vanguard Group, Schedule 13G, Beneficial Ownership, Institutional Ownership, Reporting Change, SEC Filing, Internal Realignment