Vanguard Reports 0% Stake in Clean Harbors Following Internal Realignment
CLEAN HARBORS INC
Subscribe to track CLH
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Vanguard Reports 0% Stake in Clean Harbors Following Internal Realignment
Company: Clean Harbors Inc Form: SCHEDULE 13G/A | Filed: 2026/03/26 Significance: Low (Technical Reporting Change)
Insider: The Vanguard Group Title: Investment Adviser | Relationship: Institutional Investor
Transaction: • Type: Reporting Realignment • Shares Owned After: 0 • Percent of Class: 0%
Key Insight: Vanguard reports 0% ownership due to an internal realignment. Subsidiaries will now report beneficial ownership separately. This does not necessarily indicate a market sale of shares.
Market Context: Clean Harbors has a market cap of $14.60B. This filing is administrative in nature regarding how Vanguard aggregates its holdings.
Comprehensive Analysis
SEC Filing Analysis: Clean Harbors Inc
Executive Summary
- Trading Significance: Low
- Key Takeaway: The Vanguard Group reports 0 beneficial ownership due to an internal corporate realignment, not necessarily a liquidation of positions.
- Market Impact: Neutral; this is a technical reporting change where subsidiaries will report separately.
Company Information
| Field | Value |
|---|---|
| Company | Clean Harbors Inc |
| CIK | 0000822818 |
| Industry | Hazardous Waste Management |
| Market Cap | $14.60 Billion |
Insider Information
| Field | Value |
|---|---|
| Name | The Vanguard Group |
| CIK | 0000102909 |
| Title/Position | Investment Adviser |
| Relationship | Institutional Investor |
Transaction Details
| Field | Value |
|---|---|
| Form Type | SCHEDULE 13G/A |
| Transaction Date | 2026/03/26 |
| Shares Owned After | 0 |
| Ownership % | 0% |
| Ownership Type | N/A |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Shares Transacted | N/A (Reporting Change) |
| Post-Transaction Ownership | 0 shares (0% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $14.60B, Vanguard is a major institutional player. However, this specific filing represents a change in reporting structure rather than a transaction.
- Ownership Concentration: The filing indicates the parent entity (The Vanguard Group) no longer aggregates the holdings, passing reporting duties to subsidiaries.
- Transaction Significance: The reduction to 0% is technical. The filing explicitly states: "subsidiaries... will report beneficial ownership separately... The Vanguard Group, Inc. no longer has... beneficial ownership."
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is an administrative change in compliance with SEC Release No. 34-39538. It does not reflect a bearish sentiment or a market sell-off.
Volume & Sentiment
- Expected Volume Impact: Negligible.
- Sentiment Indicator: Neutral.
Additional Context
Transaction Notes
- Special Circumstances: The filing includes a specific footnote regarding "Internal Realignment." Vanguard subsidiaries now report on a disaggregated basis. Investors should look for separate filings from Vanguard subsidiaries to determine actual aggregate exposure.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.