Vanguard Capital Management Discloses 7.44% Stake in PG&E Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new position in PG&E Corp (PCG). As of the event date on March 31, 2026, the investment adviser disclosed beneficial ownership of 163,534,811 shares of common stock, representing a 7.44% stake in the utility company. This filing marks a substantial increase from a previously reported 0% ownership level. According to the documentation, Vanguard exercises sole dispositive power over the entire 163,534,811 shares, while holding sole voting power over 22,471,265 shares. The filing includes securities held by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The acquisition was made in the ordinary course of business, and Vanguard certified that the shares were not acquired for the purpose of influencing or changing the control of the issuer. This passive investment highlights Vanguard's significant institutional commitment to PG&E Corp.