Vanguard Portfolio Management LLC filed an amended beneficial ownership statement with the SEC on October 30, 2026, disclosing a 9.82 percent stake in Newmark Group Inc (NASDAQ:NMRK) as of September 30, 2026.

Key Highlights

  • Total beneficial ownership: Vanguard Portfolio Management reported aggregate beneficial ownership of 15,710,754 shares of Newmark Group common stock.
  • Percent of class: That position represents 9.82 percent of the outstanding class of common stock, according to the filing.
  • Sole voting power: Vanguard Portfolio Management reported sole voting power over 67,433 shares, with zero shares subject to shared voting power.
  • Sole dispositive power: The filing reported sole dispositive power over all 15,710,754 shares, with no shared dispositive power reported.
  • Event date: The ownership event triggering this amended filing occurred on September 30, 2026.
  • Affiliates included: The filing states the reported position covers securities held through Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, as affiliates or business divisions.
  • Signed by: The statement was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration for Vanguard Portfolio Management.

Vanguard's Reported Position in Newmark Group Common Stock

According to the amended filing, Vanguard Portfolio Management LLC, organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA, disclosed aggregate beneficial ownership of 15,710,754 shares of Newmark Group Inc common stock (CUSIP 65158N102). Newmark Group Inc, a commercial real estate services firm headquartered at 125 Park Avenue, New York, NY 10017, is listed on NASDAQ:NMRK. The filing identifies Vanguard Portfolio Management LLC as an investment adviser for purposes of this disclosure.

The filing notes, consistent with SEC Release No. 34-39538 dated January 12, 1998, that the reported position encompasses securities beneficially owned by Vanguard Portfolio Management LLC together with affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. The disclosure covers securities held in Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients over which those affiliates exercise dispositive and voting power. The filing further states that securities beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC whose ownership is disaggregated under that release are not included.

On the question of intent, the filing's certification states 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." The filing also states that no single other person's interest in the reported securities exceeds 5 percent, while noting that Vanguard-managed investment companies and other managed accounts hold the right to receive dividends from, or proceeds from the sale of, the reported shares.

What Was Disclosed

Vanguard Portfolio Management LLC filed an amended beneficial ownership statement covering 15,710,754 shares, or 9.82 percent, of Newmark Group Inc common stock as of September 30, 2026, with sole dispositive power over the full position and sole voting power over 67,433 shares.