SCHEDULE: Vanguard Group Discloses 7.11% Stake in Rigetti Computing

The Vanguard Group has reported a 7.11% beneficial ownership stake in Rigetti Computing Inc.'s common stock as of June 30, 2025.

Summary

• The Vanguard Group holds 22,817,589 shares of Rigetti Computing Inc. common stock.
• This represents a 7.11% beneficial ownership stake in the company.
• Vanguard has sole dispositive power over 22,184,035 shares and shared dispositive power over 633,554 shares.
• Vanguard holds shared voting power over 354,934 shares and no sole voting power.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Rigetti Computing Inc.

Sentiment

Score: 5

Explanation: The filing is a standard Schedule 13G disclosure by a passive institutional investor, The Vanguard Group, detailing its beneficial ownership in Rigetti Computing Inc. It does not contain performance data or forward-looking statements from the issuer.

Positives

• A major institutional investor like The Vanguard Group taking a significant stake (over 5%) can be viewed as a vote of confidence in Rigetti Computing Inc.

Negatives

• No negative information regarding Rigetti Computing Inc.'s operations or financial health is presented.

Risks

• Specific risks related to Rigetti Computing Inc.'s business operations or financial performance are not detailed. This is a disclosure of ownership.

Future Outlook

NA

Industry Context

A significant passive investment by a major asset manager, The Vanguard Group, in Rigetti Computing Inc., a company operating in the quantum computing sector, is indicated. Such investments by large institutional funds are common and reflect their portfolio diversification strategies rather than specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a large, reputable institutional investor like Vanguard may instill confidence among existing and potential shareholders, potentially influencing market perception positively.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated, as this is a passive investment disclosure and not related to operational changes or financial performance.

Key Dates

Keywords

Rigetti Computing Inc., Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Quantum Computing, SEC Filing, Passive Investment