Vanguard Capital Management Reports 7.49% Stake in Lam Research Corp (LRCX)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new significant ownership position in Lam Research Corp (LRCX). As of the event date of March 31, 2026, Vanguard beneficially owns 93,575,293 shares of common stock, representing a 7.49% stake in the company. The filing indicates that Vanguard holds sole dispositive power over all 93,575,293 shares, while maintaining sole voting power over 12,419,549 shares. This position includes holdings by various Vanguard affiliates, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The total value of the position is estimated at approximately $24.02 billion based on the filing data. This filing marks a substantial increase from a previously reported 0% ownership, establishing Vanguard as a major institutional shareholder in the semiconductor equipment manufacturer.