Vanguard Capital Management Discloses New 7.17% Stake in Sandisk Corp (SNDK)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Sandisk Corp/DE (SNDK). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 11,000,476 shares of common stock, representing a 7.17% stake in the company. This filing marks a substantial increase from a previous reported position of zero shares. The filing indicates that Vanguard holds sole dispositive power over all 11,000,476 shares, while maintaining sole voting power over 1,474,357 shares. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The acquisition was made in the ordinary course of business, with the firm certifying that the shares were not acquired for the purpose of changing or influencing the control of the issuer. This move positions Vanguard as a major institutional investor in the San Jose-based technology corporation.