Vanguard holds 3.42M Brunswick (NYSE: BC) shares — 5.27% stake

Rhea-AI Filing Summary

Brunswick Corp/DE — Schedule 13G filing by Vanguard Capital Management. Vanguard reports beneficial ownership of 3,419,325 shares of Brunswick common stock, representing 5.27% of the class as of 03/31/2026. Vanguard discloses sole voting power over 498,518 shares and sole dispositive power over 3,419,325 shares. The filing is signed by Ashley Grim on 04/29/2026 and states holdings include securities held for Vanguard funds and managed accounts.

Insights

Institutional Ownership Analyst

Vanguard holds a >5% passive stake in Brunswick, disclosed via Schedule 13G.

Schedule 13G filings commonly record passive institutional holdings. The filing shows 3,419,325 shares (5.27%) beneficially owned as of 03/31/2026, with voting and dispositive powers noted by Vanguard and affiliates.

Share movement, investment intent, or plans are not stated; subsequent Form 13D or Form 4 filings would indicate activist intent or insider transactions. Future filings may clarify any change in ownership or voting arrangement.

Compliance & Corporate Governance Specialist

Filing follows SEC passive-investor disclosure conventions and cites affiliated Vanguard entities.

The disclosure specifies that dispositive power includes securities held by Vanguard funds and affiliated advisory divisions, consistent with Release No. 34-39538 language. It also notes no single other person holds >5% of these reported securities.

Beneficial owners and their voting/dispositive counts are clearly itemized; corporate governance teams may track vote exposure ahead of any shareholder votes.

Key Figures

Shares beneficially owned: 3,419,325 shares Percent of class: 5.27% Sole voting power: 498,518 shares +3 more

6 metrics

Shares beneficially owned 3,419,325 shares as of 03/31/2026

Percent of class 5.27% percentage of common stock as reported

Sole voting power 498,518 shares number of shares with sole vote direction

Sole dispositive power 3,419,325 shares number of shares with sole disposition direction

Reporting date 03/31/2026 ownership figures tied to this date

Signature date 04/29/2026 filing signed by Ashley Grim

Key Terms

Schedule 13G, Beneficially owned, Sole dispositive power, Release No. 34-39538

4 terms

Schedule 13G regulatory

"Schedule 13G filing by Vanguard Capital Management"

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.

Beneficially owned market

"Amount beneficially owned: 3419325"

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.

Sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 3419325"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Release No. 34-39538 regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998)"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Brunswick Corp/DE

(Name of Issuer)

Common Stock

(Title of Class of Securities)

117043109

(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): 117043109

1

Names of Reporting Persons

Vanguard Capital 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 498,518.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,419,325.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,419,325.00

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)

5.27 %

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 Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital 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 Capital 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: Brunswick Corp/DE
(b)	Address of issuer's principal executive offices: 26125 N Riverwoods Blvd, Suite 500, Mettawa, IL, 60045
Item 2.
(a)	Name of person filing: Vanguard Capital 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): 117043109
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: 3419325
(b)	Percent of class: 5.27 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 498518
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3419325
	(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 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.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 Capital Management

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

FAQ

What stake does Vanguard report in Brunswick (BC)?

Vanguard reports beneficial ownership of 3,419,325 shares, representing 5.27% of Brunswick's common stock as of 03/31/2026. The filing lists specific voting and dispositive power counts for Vanguard and affiliates.

Does the Schedule 13G filing mean Vanguard is an activist investor in BC?

No; a Schedule 13G typically indicates passive ownership. This filing reports a passive holding of 5.27% and does not state activist intent or proposals. Any activist position would normally appear in a different filing such as a Form 13D.

How many shares does Vanguard have voting control over at Brunswick?

Vanguard discloses sole voting power for 498,518 shares and sole dispositive power for 3,419,325 shares as stated in Item 4 of the filing dated 03/31/2026 and signed 04/29/2026.

Which Vanguard entities are included in this Brunswick holding disclosure?

The filing states beneficial ownership includes securities held or managed by Vanguard Capital Management LLC and affiliates including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd.

When was the Schedule 13G for Vanguard signed for Brunswick (BC)?

The Schedule 13G is signed by Ashley Grim, Head of Global Fund Administration, on 04/29/2026, and reports ownership figures as of 03/31/2026 in Item 4 of the filing.