SCHEDULE: Vanguard Group Discloses 6.48% Passive Stake in PubMatic Inc.

The Vanguard Group has filed an Amendment No. 5 to its Schedule 13G, reporting a 6.48% beneficial ownership stake in PubMatic Inc.'s Common Stock.

Summary

• The Vanguard Group reported beneficial ownership of 2,611,179 shares of PubMatic Inc. Common Stock.
• This stake represents 6.48% of the class of securities.
• The filing is an Amendment No. 5 to a previously filed Schedule 13G.
• The Vanguard Group holds 0 shares with sole voting power, 25,618 shares with shared voting power, 2,546,787 shares with sole dispositive power, and 64,392 shares with shared dispositive power.
• The filing date of the event requiring this statement was June 30, 2025, with the statement signed on July 29, 2025.
• The Vanguard Group's clients, including investment companies and other managed accounts, have the right to receive dividends or proceeds from the sale of these securities, with no single client holding more than 5%.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or outlook. It simply reports a passive investment stake.

Future Outlook

The filing is a statement of beneficial ownership and does not contain forward-looking statements or guidance regarding PubMatic Inc.'s future performance or The Vanguard Group's investment strategy beyond the passive nature of the holding.

Industry Context

This filing reflects a passive investment by a major institutional asset manager, The Vanguard Group, in PubMatic Inc., an ad-tech company. Such filings are standard disclosures for large investors holding more than 5% of a company's shares, indicating a long-term, non-control-oriented investment approach typical of index funds or broad market portfolios.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, confirming a large, passive holding by The Vanguard Group.

Key Dates

Keywords

PubMatic Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Investment Adviser, SEC Filing