Vanguard Capital Management Reports New 5.07% Passive Stake in Macy's Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.07% ownership stake in Macy's Inc (M). The filing indicates that as of the event date on March 31, 2026, Vanguard beneficially owns 13,387,949 shares of common stock. This position represents a significant increase from a previous reported holding of zero shares. According to the filing, Vanguard Capital Management holds sole dispositive power over all 13,387,949 shares, while maintaining sole voting power over 2,015,026 shares. The filing includes holdings from various affiliates, including 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 influencing or changing the control of the issuer. This passive investment threshold crossing marks Vanguard as a major institutional shareholder in the retail giant.