SCHEDULE: Vanguard Group Amends HubSpot Stake to Zero

The Vanguard Group has filed an amendment to its Schedule 13G for HubSpot Inc., reporting zero beneficial ownership following an internal realignment.

Summary

• The Vanguard Group filed Amendment No. 9 to its Schedule 13G for HubSpot Inc. (CUSIP: 443573100).
• The filing reports 0 shares beneficially owned, representing 0% of HubSpot Inc.'s Common Stock.
• This change is a result of an internal realignment within The Vanguard Group that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group will now report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting an internal organizational change at The Vanguard Group, with no direct positive or negative implications for HubSpot Inc.'s operational performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding HubSpot Inc.'s future performance or The Vanguard Group's investment strategy beyond the reporting structure change.

Management Comments

• The Vanguard Group certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors. This amendment reflects an internal organizational change at The Vanguard Group regarding how its various entities report beneficial ownership, rather than a change in its overall investment strategy or a divestment from HubSpot Inc. by Vanguard-managed funds.

Stakeholder Impact

• Shareholders of HubSpot Inc. should be aware that The Vanguard Group, as a single entity, no longer directly reports beneficial ownership of HubSpot shares, but its underlying subsidiaries may still hold shares and report them separately. This is an administrative change and does not necessarily reflect a change in overall Vanguard-managed funds' exposure to HubSpot.

Key Dates

Keywords

HubSpot Inc, Vanguard Group, Schedule 13G, beneficial ownership, institutional ownership, investment adviser, SEC filing, common stock, ownership change