SCHEDULE: Vanguard Group Amends Leidos Holdings Ownership to Zero

The Vanguard Group has filed an amendment to its Schedule 13G for Leidos Holdings Inc., reporting 0% beneficial ownership following an internal realignment.

Summary

• The Vanguard Group filed Amendment No. 12 to its Schedule 13G for Leidos Holdings Inc. regarding its Common Stock (CUSIP 525327102).
• The filing reports 0.00 shares beneficially owned by The Vanguard Group, representing 0% of the class.
• 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 now report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538 (January 12, 1998).
• 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 procedural update for Leidos Holdings Inc., reflecting an internal organizational change at The Vanguard Group rather than a change in investment thesis or a significant divestment from the broader Vanguard family of funds.

Future Outlook

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

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11." Ashley Grim, Head of Global Fund Administration, The Vanguard Group.

Industry Context

StockSavvy.ai notes that this filing reflects a common practice among large asset managers like Vanguard to periodically realign internal reporting structures, often to comply with regulatory interpretations or optimize operational efficiency. The disaggregated reporting, while changing the parent entity's reported ownership, does not necessarily imply a change in the underlying investment strategy or total holdings across the broader Vanguard ecosystem.

Stakeholder Impact

• Shareholders of Leidos Holdings Inc. should be aware that the reported beneficial ownership by the parent Vanguard Group has changed to 0% due to internal reporting realignment, not necessarily a full divestment by all Vanguard-managed funds. Individual Vanguard funds may still hold shares.

Key Dates

Recommendation

This filing is a procedural update regarding beneficial ownership reporting by The Vanguard Group due to an internal realignment. It does not indicate a change in the investment fundamentals of Leidos Holdings Inc. or a divestment by all Vanguard-managed funds. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

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