Vanguard Capital Management Establishes 7.04% Stake in KeyCorp (KEY)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new ownership position in KeyCorp (KEY). As of the event date on March 31, 2026, Vanguard reported beneficial ownership of 75,581,332 shares of common stock, representing a 7.04% stake in the company. This filing marks an increase from a previously reported 0% position, establishing Vanguard as a significant institutional shareholder. The filing indicates that Vanguard holds sole dispositive power over all 75,581,332 shares, while exercising sole voting power over 9,699,946 shares. The reported holdings include shares managed by various affiliates, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. In accordance with Rule 13d-1(b), Vanguard certified that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of KeyCorp. No other single person's interest in the reported securities exceeds 5%.