Vanguard Capital Management Discloses New 5.27% Stake in Landstar System Inc (LSTR)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a new 5.27% stake in Landstar System Inc (LSTR). As of the event date on March 31, 2026, Vanguard reported beneficial ownership of 1,791,653 shares of common stock. This filing marks an increase from a previous ownership level of 0.0%, establishing a significant position in the transportation and logistics company. The reporting person, Vanguard Capital Management, is an investment adviser based in Malvern, Pennsylvania. According to the filing, the firm holds sole dispositive power over all 1,791,653 shares and sole voting power over 259,753 shares. The filing includes holdings from various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. No other single person's interest in these securities exceeds 5% of the total shares outstanding.