SCHEDULE: Vanguard Group Discloses Updated 6.84% Stake in ODP Corp

The Vanguard Group has filed an amendment to its Schedule 13G, revealing a 6.84% beneficial ownership stake in ODP Corp as of June 30, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 2,057,849 shares of ODP Corp common stock.
• This stake represents 6.84% of the total class of securities.
• Vanguard holds sole dispositive power over 1,941,855 shares and shared dispositive power over 115,994 shares.
• Vanguard possesses shared voting power over 89,958 shares and no sole voting power.
• This document is Amendment No. 19 to a Schedule 13G filing.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of ODP Corp.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by a large institutional investor and does not contain information that would inherently sway sentiment positively or negatively regarding the issuer's performance or outlook.

Positives

• The Vanguard Group, a prominent institutional investor, maintains a significant 6.84% stake in ODP Corp, signaling continued investment interest.
• The holding is explicitly stated to be in the ordinary course of business, not for activist purposes, which suggests stability in the ownership structure.

Negatives

• No specific negative information regarding ODP Corp's operational performance or financial outlook is contained within this ownership disclosure filing.

Risks

• No specific risks related to ODP Corp's operations, financial health, or strategic direction are disclosed in this Schedule 13G filing.

Future Outlook

No forward-looking statements or guidance regarding ODP Corp's future performance or strategic direction are provided in this ownership disclosure.

Industry Context

This filing represents a routine disclosure by a large institutional asset manager, The Vanguard Group, regarding its passive ownership stake in ODP Corp. Such disclosures are common for major public companies and indicate the presence of significant institutional investment, which can contribute to market liquidity and stability.

Comparison to Industry Standards

• This is a standard Schedule 13G filing, a regulatory requirement for institutional investors holding more than 5% of a company's stock.
• The disclosure of a 6.84% stake by a passive investor like Vanguard is typical for a company of ODP Corp's size and market capitalization, aligning with common institutional ownership patterns seen across various sectors.
• No specific comparable companies, projects, or results are mentioned within the filing itself.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming Vanguard's continued investment in ODP Corp.

Key Dates

Keywords

ODP Corp, The Vanguard Group, Common Stock, Beneficial Ownership, Schedule 13G, Institutional Investor, Office Depot, OfficeMax, Office Supplies, Business Services