Vanguard Portfolio Management LLC filed an amended beneficial ownership statement with the SEC on October 30, 2026, disclosing a 12.76 percent stake in DiamondRock Hospitality Co as of September 30, 2026.

Key Highlights

  • Total beneficial ownership: Vanguard Portfolio Management reported aggregate beneficial ownership of 26,122,865 shares of DiamondRock Hospitality Co common stock.
  • Percent of class: The 26,122,865 shares represent 12.76% of the outstanding class of common stock, according to the filing.
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 26,122,865 shares reported.
  • Sole voting power: Sole voting power is reported on only 152,065 shares, with shared voting power of zero.
  • Triggering date: The event requiring this filing occurred on September 30, 2026.
  • Affiliated entities included: The filing covers securities held through Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, as affiliates or business divisions of Vanguard Portfolio Management LLC.

Vanguard's Reported Position in DiamondRock Hospitality

Vanguard Portfolio Management LLC, organized in Pennsylvania and classified as an investment adviser, submitted an amended beneficial ownership statement covering its position in DiamondRock Hospitality Co (NASDAQ:DRH), a real estate investment trust focused on the lodging sector with principal executive offices at 2 Bethesda Metro Center, Suite 1400, Bethesda, MD 20814. The filing reflects holdings as of September 30, 2026, and was signed by My Trieu-Gatt, Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

According to the filing, the reported position of 26,122,865 shares encompasses securities held by Vanguard funds or sleeves of those funds over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients of Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. The filing states that it does not include securities, if any, beneficially owned by other subsidiaries or affiliates whose ownership is disaggregated from that of the reporting business unit under SEC Release No. 34-39538 (January 12, 1998).

The filing further discloses that Vanguard Portfolio Management, "including investment companies registered under the Investment Company Act of 1940 and other managed accounts, 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 single other person's interest in the reported securities exceeds 5%. The filer certified that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Vanguard Portfolio Management LLC disclosed aggregate beneficial ownership of 26,122,865 shares of DiamondRock Hospitality Co common stock, representing 12.76% of the class, with sole dispositive power over all reported shares and sole voting power over 152,065 shares, as of September 30, 2026.