Vanguard Capital Management Establishes 7.5% Stake in PACCAR Inc (PCAR)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership stake in PACCAR Inc (PCAR). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 39,503,508 shares of common stock, representing 7.5% of the company. This filing marks a substantial increase from a previous 0.0% position, establishing Vanguard as a major institutional shareholder. The filing indicates that Vanguard holds sole dispositive power over all 39,503,508 shares, while maintaining sole voting power over 5,348,001 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. This position includes holdings managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The total value of the position at the time of reporting is estimated at approximately $4.59 billion.