Vanguard Portfolio Management LLC filed an amended beneficial ownership statement with the SEC on October 30, 2026, disclosing a 7.05% stake in Molson Coors Beverage Co common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported holding 12,290,427 shares of Molson Coors Beverage Co common stock, representing 7.05% of the class.
  • Sole dispositive power: Vanguard Portfolio Management holds sole power to dispose of all 12,290,427 shares reported.
  • Sole voting power: Vanguard Portfolio Management holds sole voting power over 71,350 shares, with 0 shares subject to shared voting power.
  • Triggering event date: The event requiring this filing occurred on September 30, 2026.
  • Affiliates included: The filing covers securities held or controlled by Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, as affiliates or business divisions.
  • Filing type: This is Amendment No. 1 to a prior statement, signed by My Trieu-Gatt, Authorized Signatory and Head of Global Fund Administration.

Vanguard's Reported Position in Molson Coors Common Stock

According to the filing, Vanguard Portfolio Management LLC, organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA, disclosed an aggregate beneficial ownership of 12,290,427 shares of common stock (CUSIP 60871R209) in Molson Coors Beverage Co, the Chicago-based brewer whose principal executive offices are located at 250 S Wacker Dr, Suite 800, Chicago, IL 60606. The filing identifies Vanguard Portfolio Management as an investment adviser, classified under reporting type "IA."

The filing states that the reported position encompasses securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients over which affiliated entities including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC exercise dispositive and/or voting power. According to the filing, no other person's interest in the securities reported exceeds 5%, and the shares were acquired and are held in the ordinary course of business.

The filing certifies, as required, that the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." Vanguard Portfolio Management holds sole dispositive power over the full 12,290,427 shares but retains sole voting power over only 71,350 shares, with shared voting and shared dispositive power each reported as zero. The amendment was signed on October 30, 2026, by My Trieu-Gatt in the capacity of Authorized Signatory and Head of Global Fund Administration.

What Was Disclosed

Vanguard Portfolio Management LLC filed an amended beneficial ownership statement reporting 12,290,427 shares, or 7.05%, of Molson Coors Beverage Co common stock as of September 30, 2026, including positions held through affiliated entities Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.