Vanguard Capital Management Acquires 5.23% Stake in Reliance Inc (RS)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a new ownership position in Reliance Inc (RS). As of the event date on March 31, 2026, the firm reported beneficial ownership of 2,710,722 shares of common stock, representing 5.23% of the company's outstanding shares. This filing marks a significant increase from a previous ownership level of 0.0%, establishing Vanguard as a major institutional shareholder. The filing indicates that Vanguard Capital Management holds sole dispositive power over all 2,710,722 shares, while possessing sole voting power over 382,486 shares. The securities 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 shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in the reported securities exceeds 5%.