Vanguard Capital Management Establishes 5.06% Passive Stake in Liberty Energy Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.06% passive ownership stake in Liberty Energy Inc (LBRT). As of the event date on March 31, 2026, the investment adviser beneficially owns 8,203,071 shares of common stock. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 8,203,071 shares and sole voting power over 1,210,269 shares. The filing includes holdings from various affiliates and business divisions, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The reporting person certified that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This position represents a significant increase from a previous ownership level of 0.0%, establishing Vanguard as a major institutional shareholder in the Denver-based energy services company.