Vanguard Capital Management Acquires 7.5% Stake in Tractor Supply Co (TSCO)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a significant new ownership stake in Tractor Supply Co (TSCO). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 39,458,398 shares of common stock, representing a 7.5% stake in the company. This filing marks a substantial increase from a previous ownership level of 0.0%, indicating a major new position for the investment adviser. The filing specifies that Vanguard holds sole dispositive power over all 39,458,398 shares, while maintaining sole voting power over 5,171,991 shares. The securities are held in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This passive investment reflects Vanguard's institutional scale and its role as a major shareholder in the Tennessee-based retail giant.