Vanguard Capital Management Discloses New 5.22% Passive Stake in Semtech Corp

Vanguard Capital Management LLC has filed a Schedule 13G reporting a new 5.22% stake in Semtech Corp (SMTC). As of the event date on March 31, 2026, the firm beneficially owns 4,852,794 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over the entire position of 4,852,794 shares, while maintaining sole voting power over 707,618 shares. The reporting person notes that these securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. This filing reflects the aggregate holdings of Vanguard Capital Management LLC and several affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The position represents a significant increase from a previous ownership level of 0.0%, marking Vanguard's crossing of the 5% disclosure threshold for Semtech Corp.