Vanguard Capital Management Reports New 7.48% Stake in Robinhood Markets Inc (HOOD)
Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new significant ownership stake in Robinhood Markets Inc (HOOD). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 59,098,711 shares of common stock, representing a 7.48% ownership interest in the company. The filing indicates that Vanguard holds sole dispositive power over all 59,098,711 shares, while possessing sole voting power over ,772,216 shares. This position was established in the ordinary course of business, with no intent to influence or change the control of the issuer. The reported holdings include shares managed by various Vanguard affiliates, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This filing marks a substantial increase from a previously reported 0% stake, establishing Vanguard as a major institutional shareholder in the financial services platform.