Vanguard Capital Management Acquires 5.34% Stake in SoFi Technologies Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new significant ownership stake in SoFi Technologies Inc (SOFI). As of the event date on March 31, 2026, Vanguard reported beneficial ownership of 68,207,763 shares of common stock, representing 5.34% of the company. This filing marks a substantial increase from a previous 0% position, crossing the 5% threshold that triggers mandatory public disclosure. The filing indicates that Vanguard holds sole dispositive power over all 68,207,763 shares, while maintaining sole voting power over 11,099,182 shares. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The reported holdings include securities managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This move establishes Vanguard as a major institutional shareholder in the fintech firm.