Vanguard Portfolio Management LLC filed an amended beneficial ownership statement on November 5, 2026, disclosing a 10.06% stake in Newmark Group Inc common stock as of an October 30, 2026 triggering event.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported 16,092,839 shares of Newmark Group Inc common stock beneficially owned.
  • Percent of class: The reported position represents 10.06% of Newmark Group's outstanding common stock.
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 16,092,839 shares reported.
  • Sole voting power: Only 67,460 shares carry sole voting power; shared voting power is reported as 0.
  • Triggering date: The event requiring this filing occurred on October 30, 2026.
  • Filing entities included: The disclosure covers securities attributable to Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, in addition to Vanguard Portfolio Management LLC itself.

Vanguard Portfolio Management's Stake in Newmark Group Crosses the 10% Threshold

According to the filing, Vanguard Portfolio Management LLC, organized in Pennsylvania and operating as an investment adviser, submitted Amendment No. 2 to its Schedule 13G to report beneficial ownership of 16,092,839 shares of common stock in Newmark Group Inc (NASDAQ:NMRK). Newmark Group, a commercial real estate services firm headquartered at 125 Park Avenue, New York, NY 10017, has the CUSIP number 65158N102 assigned to its common stock. The October 30, 2026 event date reflects when the ownership level crossed a threshold requiring an amended filing.

The filing states that Vanguard Portfolio Management holds sole dispositive power over all 16,092,839 shares, while sole voting power extends to only 67,460 shares. Shared voting power and shared dispositive power are both reported as zero. The disclosure notes that the filing covers securities held by Vanguard funds and managed accounts over which Vanguard Portfolio Management LLC or its named affiliates, specifically Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, exercise dispositive and/or voting power, in accordance with SEC Release No. 34-39538 dated January 12, 1998.

The filing further states that investment companies registered under the Investment Company Act of 1940 and other managed accounts within the Vanguard Portfolio Management umbrella "have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and that "no one other person's interest in the securities reported herein is more than 5%." The document was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration, on November 5, 2026.

What Was Disclosed

Vanguard Portfolio Management LLC, together with affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, disclosed beneficial ownership of 16,092,839 shares, equal to 10.06% of Newmark Group Inc common stock, as of October 30, 2026, through an amended ownership statement filed November 5, 2026.