Vanguard Capital Management LLC Reports New 5.24% Passive Stake in NOV Inc.

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.24% ownership stake in NOV Inc. (Ticker: NOV). As of the event date on March 31, 2026, the firm beneficially owns 18,905,811 shares of NOV common stock. The filing indicates that Vanguard Capital Management holds sole dispositive power over all 18,905,811 shares, while maintaining sole voting power over 2,719,515 shares. The reporting person notes that this position includes securities held by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not with the intent to influence or change the control of the issuer. This acquisition marks a significant increase from a previously reported 0% position, crossing the 5% regulatory threshold.