SCHEDULE: Vanguard Group Reports Zero DigitalBridge Stake

The Vanguard Group has amended its Schedule 13G filing for DigitalBridge Group Inc., reporting 0% beneficial ownership following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 10 to its Schedule 13G for DigitalBridge Group Inc. (CUSIP: 25401T603).
• The filing indicates that The Vanguard Group now beneficially owns 0% of DigitalBridge Group Inc.'s Common Stock, with zero sole or shared voting and dispositive power.
• This change is a 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 report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538.
• Consequently, The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these disaggregated subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative update. It reflects a change in reporting structure for The Vanguard Group and does not indicate a change in investment thesis or performance for DigitalBridge Group Inc.

Positives

• The Vanguard Group has clarified its beneficial ownership reporting structure in accordance with SEC Release No. 34-39538, enhancing transparency regarding its internal organization.

Future Outlook

NA

Management Comments

• The Vanguard Group, Inc. went through an internal realignment on January 12, 2026.
• Certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

Industry Context

StockSavvy.ai notes that such administrative filings are common for large asset managers like Vanguard, especially after internal reorganizations or changes in regulatory interpretations. This particular filing reflects a shift in how Vanguard reports its aggregate holdings, rather than a divestment decision related to DigitalBridge's performance. It aligns with SEC guidance on disaggregated reporting for complex investment structures.

Comparison to Industry Standards

• This filing is an administrative update regarding beneficial ownership reporting, not a performance report. Therefore, direct comparison to industry standards for company performance or project results is not applicable.
• The change in reporting structure by Vanguard is in accordance with SEC Release No. 34-39538, which provides guidance for large institutional investors on how to report beneficial ownership, particularly after internal realignments. This is a standard compliance action for a large asset manager.

Stakeholder Impact

• Shareholders of DigitalBridge Group Inc. may observe a change in the reported institutional ownership percentages from The Vanguard Group, reflecting a disaggregation of reporting rather than a divestment.
• The Vanguard Group's internal stakeholders are impacted by the new reporting structure for beneficial ownership.

Next Steps

• The Vanguard Group's subsidiaries or business divisions will now report their beneficial ownership of DigitalBridge Group Inc. securities separately.

Key Dates

Keywords

DigitalBridge Group Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor, Ownership Change, Investment Management