SCHEDULE: Vanguard Group Discloses 8.15% Stake in Angi Inc.

The Vanguard Group has filed an amended Schedule 13G, reporting an 8.15% beneficial ownership stake in Angi Inc. as of December 31, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 3,517,698 shares of Angi Inc. common stock.
• This represents an 8.15% stake in the company's common stock.
• The event requiring this filing occurred on December 31, 2025.
• The Vanguard Group holds shared voting power over 389,594 shares and shared dispositive power over all 3,517,698 shares.
• An internal realignment at The Vanguard Group, Inc. on January 12, 2026, resulted in the parent entity no longer performing portfolio management or proxy voting services, with subsidiaries expected to report beneficial ownership separately in the future.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it confirms a significant, stable institutional ownership by The Vanguard Group, which is generally seen as a positive indicator of liquidity and long-term investment interest, without indicating any change in investment thesis.

Positives

• A significant institutional investor like The Vanguard Group maintaining an 8.15% stake can be viewed as a vote of confidence in Angi Inc.'s long-term prospects and market liquidity.

Negatives

• The filing itself does not contain negative information about Angi Inc.'s operations or financial performance.

Risks

• The filing does not detail specific risks related to Angi Inc.'s operations or financial health; it is a disclosure of ownership.

Future Outlook

The Vanguard Group anticipates that certain subsidiaries or business divisions will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. following an internal realignment on January 12, 2026. This indicates a change in future reporting structure for Vanguard's holdings, not a change in investment strategy towards Angi Inc.

Management Comments

• The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release.
• These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.
• I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

StockSavvy.ai notes that large passive investment managers like The Vanguard Group frequently hold significant stakes in publicly traded companies as part of their broad market index funds and ETFs. An 8.15% stake in Angi Inc. is substantial and reflects its inclusion in various Vanguard-managed portfolios, indicating its status as a component of widely tracked indices. The internal realignment at Vanguard suggests a shift in internal reporting structure rather than a change in investment strategy towards Angi Inc.

Comparison to Industry Standards

• StockSavvy.ai observes that institutional ownership percentages vary widely across industries and company sizes. For a company like Angi Inc., an 8.15% stake held by a single major institutional investor like Vanguard is a significant position, often placing it among the top institutional holders.
• Similar large-cap or mid-cap companies often see institutional ownership ranging from 60% to 90%, with major index providers like Vanguard, BlackRock, and State Street typically holding the largest individual stakes, often between 5% and 15% each, depending on the company's market capitalization and index inclusion.
• This level of ownership by Vanguard is consistent with its role as a major passive investor in the broader market.

Management Changes

Stakeholder Impact

• Shareholders: The continued significant ownership by a major institutional investor like Vanguard provides stability and liquidity to the stock. The internal realignment at Vanguard is unlikely to directly impact Angi Inc. shareholders' rights or value, but rather affects how Vanguard's holdings are reported.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is mentioned in this filing.

Next Steps

• The Vanguard Group anticipates that certain subsidiaries or business divisions will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on SEC Release No. 34-39538.

Key Dates

Recommendation

This Schedule 13G filing primarily serves as a disclosure of beneficial ownership by a major institutional investor, The Vanguard Group, in Angi Inc. It indicates a stable, passive investment position of 8.15% and does not contain new information regarding Angi Inc.'s operational performance, strategic direction, or financial health that would warrant a change in investment thesis. The internal realignment at Vanguard is an administrative change for the reporting entity, not a reflection on Angi Inc. Therefore, a 'hold' recommendation is appropriate as the filing provides no new fundamental data to alter an existing investment stance.

Keywords

Angi Inc., Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, ANGI, Investment Adviser, Passive Investing