Dimensional Fund Advisors LP Reports 6.7% Stake in Navient Corp (NAVI)

On April 9, 2026, Dimensional Fund Advisors LP filed a Schedule 13G/A with the SEC, reporting a 6.7% ownership stake in Navient Corp (NAVI). The investment manager disclosed beneficial ownership of 6,383,533 shares of common stock as of the event date on March 31, 2026. According to the filing, Dimensional Fund Advisors LP serves as an investment adviser to various registered investment companies and manager to other commingled funds, group trusts, and separate accounts. In this capacity, the firm possesses sole voting power over 6,274,996 shares and sole dispositive power over the full 6,383,533 shares. The filing specifies that all reported securities are owned by the underlying Funds, and Dimensional disclaims beneficial ownership of such securities. This amendment represents an increase from a previously reported 0.0% position, establishing a significant holding in the issuer. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.