Vanguard Group, the world's second-largest fund management company, recently filed its latest 13F report with the U.S. Securities and Exchange Commission (SEC).
According to the filing, Vanguard currently holds 5,653,110 shares of Circle stock (CRCL), which is currently valued at $339.4 million, with an initial investment cost of $739.6 million.
This means the holdings have incurred a floating loss of over $400 million, indicating that the market performance of Circle stock has significantly underperformed Vanguard's expectations.
Vanguard Group's Holdings Analysis
Vanguard Group's investment moves are always closely watched by the market, often serving as a barometer for industry trends.
- Vanguard's holdings of Circle shares: 5,653,110 shares
- Current market value: $339.4 million
- Initial investment cost: $739.6 million
This loss highlights a significant divergence between Circle's stock performance and Vanguard's original investment outlook.