Dimensional Fund Advisors LP Reports New 5.1% Stake in Advance Auto Parts Inc

On July 14, 2026, Dimensional Fund Advisors LP filed a Schedule 13G with the SEC, disclosing a new 5.1% stake in Advance Auto Parts Inc (AAP). As of the event date of June 30, 2026, the Austin-based investment advisor reported beneficial ownership of 3,063,303 shares of common stock. The filing indicates that Dimensional Fund Advisors LP holds sole dispositive power over all 3,063,303 shares and sole voting power over 3,010,778 shares. The firm clarifies that it serves as an investment advisor, manager, or sub-adviser to various registered investment companies, trusts, and separate accounts (collectively, the "Funds"). While Dimensional may be deemed a beneficial owner under SEC rules due to its voting and investment power, it expressly disclaims beneficial ownership of these securities, noting that the shares are owned by the Funds. The acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks an increase from a previously reported 0.0% position.