Summary by Futu AI
The Vanguard Group has filed an amendment to its Schedule 13G with the Securities and Exchange Commission, indicating a significant stake in Palantir Technologies Inc. As of September 30, 2024, The Vanguard Group reported beneficial ownership of 244,058,850 shares of Palantir's common stock, representing 11.39% of the class. This filing, categorized under Rule 13d-1(b), reflects the shared voting and dispositive power over the shares held by The Vanguard Group. The investment firm, headquartered in Pennsylvania, has declared that the shares were not acquired for the purpose of changing or influencing the control of Palantir Technologies Inc. The filing was officially signed by Ashley Grim, Head of Global Fund Administration at The Vanguard Group, on October 4, 2024.