SCHEDULE: Vanguard Group Reports Zero Stake in Par Pacific Holdings

The Vanguard Group has filed an amended Schedule 13G, reporting a 0% beneficial ownership in Par Pacific Holdings Inc. following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 8 to its Schedule 13G for Par Pacific Holdings Inc. Common Stock.
• The filing indicates that The Vanguard Group now beneficially owns 0 shares of Par Pacific Holdings Inc., representing 0% of the class.
• This change is attributed to an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will report beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.
• The securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event for Par Pacific Holdings Inc. as it primarily reflects an internal organizational change within The Vanguard Group rather than a change in investment sentiment or a divestment.

Future Outlook

No forward-looking statements or guidance related to Par Pacific Holdings Inc. are provided in this filing, as it pertains to The Vanguard Group's beneficial ownership reporting.

Management Comments

• On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment.
• Certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.
• 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.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors, indicating passive ownership. This specific amendment reflects an internal organizational restructuring at Vanguard, rather than a change in investment thesis regarding Par Pacific Holdings Inc. by Vanguard's underlying funds.

Comparison to Industry Standards

• This filing is a standard regulatory disclosure for institutional investors. The change to 0% beneficial ownership by the parent Vanguard Group is a result of internal corporate restructuring, not a divestment based on performance, making direct comparisons to industry-standard investment decisions less relevant.

Stakeholder Impact

• Shareholders of Par Pacific Holdings Inc. might note the change in reporting by a major institutional investor, but it does not imply a change in the underlying investment by Vanguard's managed funds, only how it is reported.
• The Vanguard Group's internal realignment impacts how its various funds and divisions report their beneficial ownership.

Key Dates

Keywords

Vanguard Group, Par Pacific Holdings, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership, SEC Filing, Investment Adviser, Ownership Change