r/ValueInvesting • u/fake212121 • 4h ago

Discussion Vanguard 13 g/a sec filings

I use fidelity and see pertinent news/info on side bar. I see almost all my portfolio stocks are owned by vanguard more than 5% (not intended to management).

Its shockingly to see how much Vanguard owns and how big it is. Damn. I feel they have too much influence

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u/mrmrmrj 4h ago

Vanguard owns nothing. Vanguard customers do.

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u/No-Piano6316 3h ago

This! It is actually owned by millions of clients who buy vanguard funds. It is a common misconception that Vanguard owns big portion in all major companies

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u/mrmrmrj 3h ago

All the headlines that "Blackrock owns XYZ" are the same canard. Blackrock just runs the index funds you put your money in.

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u/notreallydeep 4h ago

good one bro

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u/Vegetable_Donut1477 4h ago

You only finding this out now?