Vanguard Portfolio Management (TSCO) reports 28.0M shares, 5.32% stake

Rhea-AI Filing Summary

Vanguard Portfolio Management reports beneficial ownership of 28,025,900 shares of Tractor Supply Co Common Stock, representing 5.32% of the class as of the filing. The filing states Vanguard Portfolio Management LLC and affiliates exercise dispositive power over these shares and that holdings include shares held by Vanguard funds and certain managed accounts.

The Schedule 13G lists 139,624 shares as sole voting power and 28,025,900 shares as sole dispositive power. The filing was signed on 04/29/2026.

Insights

Institutional Ownership Analyst

Vanguard reports a 5.32% passive stake in Tractor Supply Co held through funds and managed accounts.

The filing states 28,025,900 shares are beneficially owned with sole dispositive power by Vanguard Portfolio Management LLC and affiliated business divisions, consistent with passive Schedule 13G reporting.

Impact depends on voting coordination and fund-level decisions; subsequent filings may show changes. Cash-flow treatment and any voting arrangements are not detailed in the excerpt.

Regulatory Filings Specialist

Schedule 13G indicates passive investment reporting under SEC rules, not an active acquisition statement.

The text references SEC Release No. 34-39538 and clarifies that holdings include Vanguard funds and managed accounts for which Vanguard exercises dispositive power. The filing identifies no other person with >5% interest.

Watch for any future amendments or a switch to Schedule 13D if the ownership intent or voting arrangements change; timing not specified in the excerpt.

Key Figures

Beneficial ownership: 28,025,900 shares Percent of class: 5.32% Sole voting power: 139,624 shares +2 more

5 metrics

Beneficial ownership 28,025,900 shares Schedule 13G filing

Percent of class 5.32% Percent of common stock reported

Sole voting power 139,624 shares Shares with sole power to vote

Sole dispositive power 28,025,900 shares Shares with sole power to dispose

Signature date 04/29/2026 Date filing was signed

Key Terms

beneficially owned, dispositive power, Schedule 13G, Investment Company Act

4 terms

beneficially owned regulatory

"reflects the securities beneficially owned, or deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power regulatory

"sole power to dispose or to direct the disposition of: 28025900"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"Item 1. | (a) | Name of issuer: Tractor Supply Co"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Investment Company Act regulatory

"investment company registered under the Investment Company Act of 1940"

The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Tractor Supply Co

(Name of Issuer)

Common Stock

(Title of Class of Securities)

892356106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 892356106

1

Names of Reporting Persons

Vanguard Portfolio Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 139,624.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 28,025,900.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

28,025,900.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.32 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Tractor Supply Co
(b)	Address of issuer's principal executive offices: 5401 Virginia Way, Brentwood, TN, 37027
Item 2.
(a)	Name of person filing: Vanguard Portfolio Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 892356106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 28025900
(b)	Percent of class: 5.32 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 139624
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 28025900
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. 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.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Portfolio Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	04/29/2026

FAQ

What stake does Vanguard Portfolio Management report in TSCO?

Vanguard reports beneficial ownership of 28,025,900 shares, equal to 5.32% of Tractor Supply Co common stock. The filing attributes dispositive power to Vanguard Portfolio Management LLC and affiliated business divisions, including shares held by Vanguard funds and managed accounts.

Does Vanguard have voting power over its TSCO holdings?

Yes; the filing lists 139,624 shares as sole voting power. It also reports 28,025,900 shares as sole dispositive power, indicating authority to direct disposition of the shares.

Is this a Schedule 13G or 13D filing for TSCO?

This is a Schedule 13G filing, which signals passive beneficial ownership under SEC rules. The filing text cites SEC Release No. 34-39538 and describes holdings as managed across Vanguard funds and accounts.

Were any other persons reported as having >5% of TSCO in this filing?

No; the filing states that no other person's interest in the reported securities exceeds 5%. It explains holdings include various Vanguard-managed funds and accounts but does not identify another >5% holder.

Who signed the Schedule 13G for Vanguard on TSCO?

The filing is signed by Ashley Grim, Head of Global Fund Administration, with the signature date of 04/29/2026. The signature certifies the information provided in the Schedule 13G.