Vanguard Capital Management Discloses New 7.5% Stake in ON Semiconductor Corp (ON)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new significant ownership stake in ON Semiconductor Corp (ON). As of the event date on March 31, 2026, the investment adviser disclosed beneficial ownership of 29,575,202 shares of common stock, representing 7.5% of the company. The filing indicates that Vanguard holds sole dispositive power over all 29,575,202 shares, while maintaining sole voting power over 3,942,003 shares. The reported holdings include positions managed by various affiliates, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This acquisition was made in the ordinary course of business and is not intended to influence or change the control of the issuer. This filing marks a significant entry for Vanguard into ON Semiconductor Corp, as the previous ownership percentage was reported as 0.0%. The total value of the position is estimated at approximately $3.05 billion based on the provided filing data.