The Vanguard Group Discloses Major Stake in Qualcomm

The Vanguard Group, Inc. has revealed its significant stake in Qualcomm Incorporated through a Form 8.3 disclosure. This form, dated 20 August 2025, outlines Vanguard's position in the company as of 19 August. Vanguard controls 115,090,753 shares, or 10.70%, of Qualcomm's USD 0.0001 common stock. The disclosure comes under Rule 8.3 of the Takeover Code, applicable when a person has an interest in 1% or more of relevant securities. This move signifies a substantial interest by Vanguard in Qualcomm.

Additionally, Vanguard reported trading activity, including a purchase of 25,877 shares and a sale of 2,547 shares, both at USD 156.25 per share. No cash-settled or stock-settled derivative transactions were reported, nor were any agreements or understandings related to derivatives and options disclosed. The disclosure also contains no information on indemnity or additional dealing arrangements.