Vanguard Capital Management Discloses New 5.36% Passive Stake in Monster Beverage Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.36% stake in Monster Beverage Corp (MNST). As of the event date on March 31, 2026, Vanguard beneficially owns 52,451,774 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 52,451,774 shares, while exercising sole voting power over 7,050,183 shares. This position represents a significant increase from the previously reported 0.0% ownership, crossing the 5% regulatory threshold. The reporting person is an investment adviser based in Malvern, Pennsylvania, and the filing includes shares held by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. According to the filing certifications, these 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 is reported to have an interest in these securities exceeding 5%.