Vanguard Discloses 5.07% Passive Stake in Fortis Inc.
Fortis Inc/Canada
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Filing Summary
š New 13G Filing: Fortis Inc/Canada ā¢ Investor: Vanguard Capital Management ā¢ Beneficial Ownership: 25,935,688 shares (5.07%) ā¢ Filing Rule: Rule 13d-1(b) (Passive Institutional) ā¢ Event Date: September 30, 2026 ā¢ Voting Power: Sole: 10,402,036 | Shared: 0 ā¢ Dispositive Power: Sole: 25,935,688 | Shared: 0
Comprehensive Analysis
Overview
On October 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC disclosing a 5.07% passive ownership stake in Fortis Inc/Canada as of September 30, 2026.
Key Holdings Details
- Total Beneficial Ownership: 25,935,688 shares of Common Stock
- Ownership Percentage: 5.07%
- Sole Voting Power: 10,402,036 shares
- Shared Voting Power: 0 shares
- Sole Dispositive Power: 25,935,688 shares
- Shared Dispositive Power: 0 shares
Filing Significance
This filing was made pursuant to Rule 13d-1(b), indicating that the shares were acquired in the ordinary course of business by an institutional investment adviser without the purpose or effect of changing or influencing control of Fortis Inc. As a routine passive institutional threshold crossing (crossing above 5%), this event represents standard index and fund rebalancing activity and carries low trading significance.
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Important Disclaimer
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