Federated Hermes, Inc. Acquires 5.06% Passive Stake in Advance Auto Parts Inc

On April 7, 2026, Federated Hermes, Inc. filed a Schedule 13G reporting a new 5.06% passive stake in Advance Auto Parts Inc (AAP). The filing indicates that Federated Hermes, Inc. beneficially owns 3,042,695 shares of common stock as of the event date on March 31, 2026. This position is held through its subsidiaries, Federated Investment Counseling and Federated MDTA LLC, which serve as investment advisers to various registered investment companies and separate accounts. The filing is a joint submission including the Voting Shares Irrevocable Trust and its trustees—Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue—who exercise collective voting control over Federated Hermes, Inc. All reporting parties have expressly disclaimed beneficial ownership of the reported securities, asserting that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a significant increase from a previously reported 0% ownership level.