Vanguard Portfolio Management LLC filed an amended beneficial ownership statement on October 30, 2026, disclosing a 4.99% stake in Akamai Technologies Inc (NASDAQ:AKAM) as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported 7,176,359 shares of Akamai Technologies common stock beneficially owned.
  • Percent of class: The reported position represents 4.99% of Akamai's outstanding common stock.
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 7,176,359 shares.
  • Sole voting power: Only 19,176 shares carry sole voting power; shared voting power is reported as 0.
  • Affiliates covered: The filing encompasses securities attributable to Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, in addition to Vanguard Portfolio Management LLC itself.
  • Event date: The triggering event for this amended filing was September 30, 2026.

Vanguard Portfolio Management's Position in Akamai Technologies

According to the filing, Vanguard Portfolio Management LLC, organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA 19355, submitted this amendment to report its beneficial ownership of common stock in Akamai Technologies Inc, the Cambridge, Massachusetts-based company whose common stock trades on NASDAQ:AKAM. Akamai Technologies provides cloud computing, security, and content delivery network services, and its common stock carries the CUSIP number 00971T101.

The filing discloses that Vanguard Portfolio Management LLC acts as an investment adviser, classified as type "IA" under SEC reporting conventions. The statement covers securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients over which its affiliates - specifically Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC - exercise dispositive and voting power. The filing notes explicitly that it "does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC" whose ownership is disaggregated under SEC Release No. 34-39538 (January 12, 1998).

On the question of voting power, the filing draws a notable distinction: of the 7,176,359 shares reported as beneficially owned, sole voting power applies to only 19,176 shares, while the remaining shares carry no sole or shared voting power attributed to the reporting person. Vanguard Portfolio Management further disclosed that investment companies registered under the Investment Company Act of 1940 and other managed accounts have the right to receive dividends or proceeds from the sale of the reported securities, and confirmed that no single other person's interest in those securities exceeds 5%. The filing was signed by My Trieu-Gatt, Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Portfolio Management LLC filed an amended beneficial ownership report covering 7,176,359 shares of Akamai Technologies common stock, representing 4.99% of the class, with a triggering event date of September 30, 2026, and sole dispositive power over the entire reported position.