Vanguard Capital Management Acquires 7.51% Stake in Prudential Financial Inc (PRU)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G indicating a significant new position in Prudential Financial Inc (PRU). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 26,137,694 shares of Common Stock, representing a 7.51% stake in the company. The filing specifies that Vanguard holds sole dispositive power over all 26,137,694 shares, while maintaining sole voting power over 3,556,680 shares. This reporting includes holdings across various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The acquisition was made in the ordinary course of business, with no intent to influence or change the control of the issuer. This filing marks a substantial increase from a previous 0% ownership level, establishing Vanguard as a major institutional shareholder in the Newark-based financial services provider.