Vanguard Capital Management Discloses New 6.87% Stake in Molson Coors Beverage Co

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 6.87% stake in Molson Coors Beverage Co (TAP). As of the event date on March 31, 2026, the firm beneficially owns 12,082,508 shares of common stock. This position represents a significant increase from a previously reported zero holdings, establishing Vanguard as a major institutional shareholder. The filing indicates that Vanguard exercises sole dispositive power over all 12,082,508 shares, while holding sole voting power over 1,455,142 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. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This passive investment reflects Vanguard's typical broad-market indexing and investment management activities within the beverage sector.