Vanguard Capital Management Acquires 7.35% Stake in Lumentum Holdings Inc (LITE)
Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 7.35% ownership stake in Lumentum Holdings Inc (LITE). As of the event date of March 31, 2026, the investment adviser beneficially owns 5,252,142 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 5,252,142 shares, while possessing sole voting power over 612,354 shares. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The filing specifies that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This position represents a significant increase from a previous 0% ownership level reported, establishing Vanguard as a major institutional shareholder in the San Jose-based provider of optical and photonic products.