Vanguard Capital Management Reports New 7.52% Stake in Phillips 66 (PSX)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 7.52% ownership stake in Phillips 66 (PSX). As of the event date of March 31, 2026, Vanguard beneficially owns 30,148,338 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 30,148,338 shares, while maintaining sole voting power over 4,040,354 shares. This position was established in the ordinary course of business, with the filer certifying that the acquisition was not intended to influence or change the control of the issuer. The reported holdings include shares 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%. The total value of the position at the time of reporting is approximately $5.31 billion, representing a significant new institutional entry into the Houston-based energy company.