Vanguard Capital Management Acquires 6.32% Stake in Incyte Corp

Vanguard Capital Management LLC has filed a Schedule 13G with the SEC, reporting a new 6.32% stake in Incyte Corp (INCY). As of the event date on March 31, 2026, the investment adviser beneficially owns 12,591,630 shares of common stock. This position reflects a significant increase from a previously reported zero balance. According to the filing, Vanguard holds sole dispositive power over all 12,591,630 shares, while maintaining sole voting power over 1,661,564 shares. The filing notes that these securities were acquired in the ordinary course of business and are not intended to influence or change the control of the issuer. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%. The transaction was officially filed on April 30, 2026, and is signed by Ashley Grim, Head of Global Fund Administration.