Vanguard Capital Management LLC Acquires 7.6% Stake in Ulta Beauty Inc (ULTA)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership stake in Ulta Beauty Inc (ULTA). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 3,326,538 shares of common stock, representing a 7.6% stake in the company. This filing marks a substantial increase from a previous 0% position, indicating a major new entry or consolidation of holdings by the investment adviser. Vanguard reported sole dispositive power over all 3,326,538 shares, while maintaining sole voting power over 442,123 shares. The filing includes holdings managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business, with no intent to change or influence the control of the issuer. No other single person's interest in the reported securities exceeds 5% of the total shares outstanding.