Vanguard Portfolio Management LLC has disclosed an increase in its ownership of LiveRamp Holdings, Inc. The investment firm now holds 7.88% of the company's common stock, a significant stake that underscores its commitment to the data processing and preparation industry.

This update is noteworthy as it reflects Vanguard's strategic positioning within a sector that is rapidly evolving due to technological advancements and growing demand for data solutions.

Background

Vanguard Portfolio Management LLC, based in Malvern, Pennsylvania, is an investment advisor that operates under the Investment Company Act of 1940. The firm is known for managing a variety of investment portfolios and funds. LiveRamp Holdings, Inc., the subject of this filing, is categorized under the Services-Computer Processing & Data Preparation industry. The company is based in San Francisco, California, and is known for its data connectivity solutions.

What the Filing Says

The recent Schedule 13G/A filing, dated October 30, 2026, indicates that Vanguard beneficially owns 4,794,527 shares of LiveRamp, with 55,466 shares having sole voting power. The filing states, "This Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates..." This highlights Vanguard's role in managing significant assets on behalf of its clients.

Impact

This increase in stake may have implications for both Vanguard and LiveRamp. For Vanguard, it solidifies its influence in the data processing sector, potentially affecting its investment strategies and client offerings. For LiveRamp, having a prominent investor like Vanguard could enhance its credibility and attract further interest from other institutional investors.

What's Next

The filing does not specify what happens next regarding Vanguard's investment or any potential future actions related to its stake in LiveRamp.