Vanguard Capital Management filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 6,330,929 shares of ProPetro Holding Corp common stock, representing 5.15% of the class, as of a triggering event date of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Capital Management reported beneficial ownership of 6,330,929 shares of ProPetro Holding Corp common stock.
  • Percent of class: The 6,330,929 shares represent 5.15% of the outstanding class of common stock, according to the filing.
  • Sole voting power: Vanguard Capital Management reported sole voting power over 933,164 shares, with no shared voting power reported.
  • Sole dispositive power: The filing reports sole dispositive power over all 6,330,929 shares, with no shared dispositive power reported.
  • Event date: The date of the event requiring the filing was September 30, 2026.
  • Affiliated entities included: The filing states it reflects securities beneficially owned by Vanguard Capital Management LLC and named affiliates, including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd.

Vanguard Capital Management Crosses 5% Threshold in ProPetro Holding Corp

Vanguard Capital Management, organized in Pennsylvania and headquartered at 100 Vanguard Blvd., Malvern, PA 19355, filed a Schedule 13G disclosing a 5.15% beneficial ownership position in ProPetro Holding Corp (CUSIP 74347M108). The issuer, ProPetro Holding Corp, is headquartered at One Marienfeld Place, 110 North Marienfeld Street, Midland, TX 79701. The filing identifies Vanguard Capital Management as an investment adviser, classified as type "IA" under the Schedule 13G reporting categories.

According to the filing, Vanguard Capital Management holds sole dispositive power over all 6,330,929 shares reported, while sole voting power extends to only 933,164 of those shares. No shared voting or shared dispositive power was reported. The filing states that the position encompasses securities held by Vanguard funds, or sleeves thereof, as well as securities held by clients over which specified affiliates exercise dispositive and/or voting power, in accordance with SEC Release No. 34-39538 (January 12, 1998).

The filing further discloses, under Item 6, that "Vanguard Capital 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 statement was signed by My Trieu-Gatt, identified as Authorized Signatory, Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership of 6,330,929 shares, or 5.15%, of ProPetro Holding Corp common stock as of September 30, 2026, with sole dispositive power over the full position and sole voting power over 933,164 shares.