Vanguard Capital Management LLC Acquires 5.29% Stake in Mattel Inc (MAT)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.29% ownership stake in Mattel Inc (MAT). The filing indicates that as of the event date on March 31, 2026, Vanguard beneficially owns 15,987,418 shares of Mattel's common stock. This position represents a significant increase from a previous 0% holding, crossing the 5% disclosure threshold. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 15,987,418 shares, while holding sole voting power over 2,329,928 shares. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported holdings include securities 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% of the total outstanding shares.