Vanguard Capital Management Acquires 7.38% Stake in Simon Property Group Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Simon Property Group Inc (SPG). As of the event date on March 31, 2026, Vanguard reported holding 24,003,824 shares of common stock, representing a 7.38% ownership interest in the company. This filing indicates a substantial increase from a previously reported 0.0% position. According to the filing, Vanguard Capital Management exercises sole dispositive power over the entire 24,003,824 share position, while holding sole voting power over 3,430,123 shares. The filing includes holdings managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This move establishes Vanguard as a major institutional shareholder in the real estate investment trust, which specializes in premier shopping, dining, and entertainment destinations.