Vanguard Capital Management Acquires 5.01% Stake in Smith Douglas Homes Corp (SDHC)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.01% ownership stake in Smith Douglas Homes Corp (SDHC). As of the event date on March 31, 2026, the investment adviser beneficially owns 454,110 shares of common stock. This position represents a significant increase from a previously reported 0% holding, crossing the 5% regulatory threshold. According to the filing, Vanguard Capital Management possesses sole dispositive power over all 454,110 shares, while maintaining sole voting power over 57,345 shares. The filing includes securities held by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Smith Douglas Homes Corp is headquartered in Woodstock, Georgia, and the filing was certified by Ashley Grim, Head of Global Fund Administration.