Vanguard Portfolio Management reports 5.63% stake in Fastenal (FAST)

Vanguard Portfolio Management has reported a 5.63% passive stake in Fastenal (FAST), representing 64,721,178 shares, through a Schedule 13G filing. While Vanguard exercises sole dispositive power over these shares, its sole voting power is limited to 272,347 shares, a common structure for asset managers with fund holdings. This disclosure indicates a significant, but passive, ownership position by Vanguard’s various funds and managed accounts in Fastenal.

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