Vanguard® Russell 1000 Growth Index Fund
Schedule of Investments (unaudited)
As of November 30, 2022
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Shares | Market Value ($000) | ||
Common Stocks (99.9%) | |||
Basic Materials (0.9%) | |||
Linde plc | 70,100 | 23,587 | |
Ecolab Inc. | 145,444 | 21,792 | |
Fastenal Co. | 381,515 | 19,652 | |
CF Industries Holdings Inc. | 131,517 | 14,229 | |
Albemarle Corp. | 39,770 | 11,055 | |
Avery Dennison Corp. | 33,106 | 6,400 | |
Valvoline Inc. | 115,402 | 3,806 | |
FMC Corp. | 28,209 | 3,685 | |
Southern Copper Corp. | 36,590 | 2,233 | |
* | MP Materials Corp. | 61,439 | 2,043 |
Chemours Co. | 59,896 | 1,860 | |
Mosaic Co. | 29,317 | 1,504 | |
Scotts Miracle-Gro Co. | 8,744 | 489 | |
Royal Gold Inc. | 3,275 | 368 | |
112,703 | |||
Consumer Discretionary (18.0%) | |||
* | Amazon.com Inc. | 5,894,104 | 569,017 |
* | Tesla Inc. | 1,687,106 | 328,480 |
Costco Wholesale Corp. | 293,513 | 158,277 | |
Home Depot Inc. | 397,236 | 128,701 | |
NIKE Inc. Class B | 812,858 | 89,162 | |
Lowe's Cos. Inc. | 366,104 | 77,815 | |
TJX Cos. Inc. | 777,756 | 62,259 | |
* | Booking Holdings Inc. | 26,347 | 54,787 |
* | Netflix Inc. | 130,937 | 40,005 |
Dollar General Corp. | 151,781 | 38,807 | |
Estee Lauder Cos. Inc. Class A | 152,097 | 35,863 | |
McDonald's Corp. | 119,170 | 32,508 | |
* | Uber Technologies Inc. | 1,084,880 | 31,613 |
* | AutoZone Inc. | 11,699 | 30,172 |
* | Chipotle Mexican Grill Inc. Class A | 18,492 | 30,086 |
Marriott International Inc. Class A | 181,524 | 30,015 | |
Target Corp. | 169,362 | 28,295 | |
* | Lululemon Athletica Inc. | 74,073 | 28,171 |
Starbucks Corp. | 273,657 | 27,968 | |
* | Airbnb Inc. Class A | 258,947 | 26,449 |
* | Copart Inc. | 282,498 | 18,803 |
Hilton Worldwide Holdings Inc. | 129,914 | 18,528 | |
Tractor Supply Co. | 74,257 | 16,805 | |
* | Ulta Beauty Inc. | 34,032 | 15,819 |
* | Trade Desk Inc. Class A | 291,285 | 15,188 |
* | Delta Air Lines Inc. | 426,481 | 15,085 |
Shares | Market Value ($000) | ||
* | O'Reilly Automotive Inc. | 16,973 | 14,674 |
* | Warner Bros Discovery Inc. | 1,141,772 | 13,016 |
Ross Stores Inc. | 96,676 | 11,376 | |
* | Etsy Inc. | 84,935 | 11,219 |
* | Expedia Group Inc. | 99,497 | 10,630 |
* | Take-Two Interactive Software Inc. | 90,061 | 9,519 |
DR Horton Inc. | 109,703 | 9,435 | |
* | Roblox Corp. Class A | 290,195 | 9,220 |
Darden Restaurants Inc. | 58,808 | 8,644 | |
Pool Corp. | 25,661 | 8,453 | |
* | Burlington Stores Inc. | 41,009 | 8,025 |
* | Walt Disney Co. | 80,363 | 7,865 |
* | Spotify Technology SA | 92,092 | 7,314 |
Domino's Pizza Inc. | 17,502 | 6,804 | |
* | NVR Inc. | 1,448 | 6,717 |
* | Dollar Tree Inc. | 43,808 | 6,584 |
Vail Resorts Inc. | 25,181 | 6,485 | |
* | Deckers Outdoor Corp. | 15,281 | 6,095 |
* | Five Below Inc. | 37,128 | 5,972 |
Rollins Inc. | 141,898 | 5,738 | |
Churchill Downs Inc. | 24,249 | 5,382 | |
* | Floor & Decor Holdings Inc. Class A | 68,531 | 5,115 |
* | Aptiv plc | 45,059 | 4,806 |
* | Caesars Entertainment Inc. | 94,444 | 4,799 |
* | BJ's Wholesale Club Holdings Inc. | 55,307 | 4,161 |
Williams-Sonoma Inc. | 35,421 | 4,141 | |
* | Las Vegas Sands Corp. | 82,841 | 3,880 |
H&R Block Inc. | 86,074 | 3,762 | |
* | Live Nation Entertainment Inc. | 51,376 | 3,738 |
Best Buy Co. Inc. | 43,046 | 3,672 | |
*,1 | Lucid Group Inc. | 331,785 | 3,364 |
*,1 | DraftKings Inc. Class A | 210,285 | 3,222 |
Polaris Inc. | 27,767 | 3,167 | |
* | Planet Fitness Inc. Class A | 40,384 | 3,165 |
Wyndham Hotels & Resorts Inc. | 40,078 | 2,939 | |
Yum! Brands Inc. | 21,898 | 2,817 | |
* | IAA Inc. | 74,873 | 2,798 |
Choice Hotels International Inc. | 22,269 | 2,744 | |
Wendy's Co. | 116,151 | 2,620 | |
PulteGroup Inc. | 58,083 | 2,601 | |
* | YETI Holdings Inc. | 56,314 | 2,528 |
* | SiteOne Landscape Supply Inc. | 18,256 | 2,292 |
World Wrestling Entertainment Inc. Class A | 28,102 | 2,245 | |
eBay Inc. | 46,803 | 2,127 | |
* | Mattel Inc. | 110,364 | 2,012 |
* | Lyft Inc. Class A | 161,221 | 1,809 |
* | Victoria's Secret & Co. | 38,683 | 1,779 |
Toll Brothers Inc. | 35,521 | 1,702 | |
* | Liberty Media Corp.- Liberty SiriusXM Class C | 34,533 | 1,514 |
Travel + Leisure Co. | 38,750 | 1,506 | |
Electronic Arts Inc. | 11,399 | 1,491 | |
* | RH | 4,939 | 1,417 |
Genuine Parts Co. | 7,316 | 1,341 | |
* | Leslie's Inc. | 91,027 | 1,329 |
1 | Nordstrom Inc. | 62,526 | 1,311 |
* | Wayfair Inc. Class A | 32,044 | 1,174 |
Madison Square Garden Sports Corp. | 6,583 | 1,072 | |
* | Liberty Media Corp.-Liberty Formula One Class C | 15,905 | 969 |
Shares | Market Value ($000) | ||
Tapestry Inc. | 22,442 | 848 | |
* | CarMax Inc. | 11,451 | 794 |
* | Bright Horizons Family Solutions Inc. | 10,189 | 756 |
* | Wynn Resorts Ltd. | 8,597 | 719 |
* | Playtika Holding Corp. | 61,818 | 584 |
* | Skechers USA Inc. Class A | 13,780 | 581 |
* | Six Flags Entertainment Corp. | 23,927 | 576 |
*,1 | Carvana Co. Class A | 67,468 | 520 |
Advance Auto Parts Inc. | 3,227 | 487 | |
Nexstar Media Group Inc. Class A | 2,362 | 448 | |
*,1 | Mister Car Wash Inc. | 37,617 | 385 |
* | Norwegian Cruise Line Holdings Ltd. | 19,136 | 315 |
* | Liberty Media Corp.- Liberty SiriusXM Class A | 6,625 | 290 |
* | Ollie's Bargain Outlet Holdings Inc. | 1,638 | 100 |
* | TripAdvisor Inc. | 4,199 | 86 |
* | Driven Brands Holdings Inc. | 1,713 | 52 |
2,232,515 | |||
Consumer Staples (4.5%) | |||
PepsiCo Inc. | 774,504 | 143,678 | |
Coca-Cola Co. | 1,941,949 | 123,527 | |
Procter & Gamble Co. | 675,199 | 100,713 | |
Sysco Corp. | 336,749 | 29,132 | |
Colgate-Palmolive Co. | 336,975 | 26,109 | |
* | Monster Beverage Corp. | 227,234 | 23,373 |
Hershey Co. | 83,829 | 19,714 | |
Kimberly-Clark Corp. | 132,292 | 17,943 | |
AmerisourceBergen Corp. | 103,132 | 17,604 | |
Clorox Co. | 67,629 | 10,053 | |
Lamb Weston Holdings Inc. | 95,497 | 8,299 | |
McKesson Corp. | 18,961 | 7,237 | |
Kellogg Co. | 92,782 | 6,768 | |
Church & Dwight Co. Inc. | 73,121 | 5,986 | |
Brown-Forman Corp. Class B | 72,812 | 5,317 | |
* | Boston Beer Co. Inc. Class A | 5,837 | 2,244 |
* | Performance Food Group Co. | 30,750 | 1,875 |
Brown-Forman Corp. Class A | 16,573 | 1,210 | |
* | Freshpet Inc. | 16,366 | 1,097 |
* | Darling Ingredients Inc. | 7,277 | 523 |
* | Olaplex Holdings Inc. | 80,293 | 479 |
* | Pilgrim's Pride Corp. | 16,065 | 420 |
* | Grocery Outlet Holding Corp. | 3,303 | 100 |
553,401 | |||
Energy (2.0%) | |||
EOG Resources Inc. | 283,931 | 40,298 | |
Occidental Petroleum Corp. | 447,727 | 31,113 | |
* | Enphase Energy Inc. | 86,773 | 27,819 |
Hess Corp. | 145,962 | 21,005 | |
Pioneer Natural Resources Co. | 86,893 | 20,506 | |
Cheniere Energy Inc. | 94,743 | 16,614 | |
Devon Energy Corp. | 212,824 | 14,583 | |
Targa Resources Corp. | 150,686 | 11,210 | |
Halliburton Co. | 268,475 | 10,172 | |
Texas Pacific Land Corp. | 3,804 | 9,862 | |
Diamondback Energy Inc. | 65,829 | 9,744 | |
Ovintiv Inc. (XNYS) | 120,753 | 6,733 | |
* | Antero Resources Corp. | 125,057 | 4,571 |
Range Resources Corp. | 110,353 | 3,186 |
Shares | Market Value ($000) | ||
* | Plug Power Inc. | 167,698 | 2,676 |
PDC Energy Inc. | 33,012 | 2,453 | |
Coterra Energy Inc. | 86,459 | 2,413 | |
ONEOK Inc. | 32,692 | 2,188 | |
*,1 | ChargePoint Holdings Inc. | 162,209 | 2,015 |
New Fortress Energy Inc. Class A | 31,366 | 1,597 | |
Enviva Inc. | 19,315 | 1,096 | |
* | Southwestern Energy Co. | 50,503 | 349 |
242,203 | |||
Financials (3.2%) | |||
Marsh & McLennan Cos. Inc. | 296,324 | 51,317 | |
Charles Schwab Corp. | 558,756 | 46,120 | |
Progressive Corp. | 336,410 | 44,457 | |
Blackstone Inc. | 463,889 | 42,460 | |
Aon plc Class A (XNYS) | 131,200 | 40,446 | |
Moody's Corp. | 99,780 | 29,761 | |
MSCI Inc. Class A | 39,382 | 19,999 | |
Apollo Global Management Inc. | 231,471 | 16,062 | |
Ameriprise Financial Inc. | 45,788 | 15,199 | |
LPL Financial Holdings Inc. | 52,609 | 12,453 | |
FactSet Research Systems Inc. | 25,087 | 11,572 | |
Broadridge Financial Solutions Inc. | 70,078 | 10,449 | |
Ares Management Corp. Class A | 100,857 | 7,906 | |
MarketAxess Holdings Inc. | 24,646 | 6,603 | |
* | SVB Financial Group | 24,743 | 5,735 |
* | Arch Capital Group Ltd. | 77,129 | 4,621 |
Morningstar Inc. | 14,893 | 3,651 | |
Erie Indemnity Co. Class A | 12,296 | 3,472 | |
Blue Owl Capital Inc. Class A | 277,945 | 3,141 | |
Arthur J Gallagher & Co. | 15,595 | 3,105 | |
Western Alliance Bancorp | 43,835 | 3,005 | |
RenaissanceRe Holdings Ltd. | 15,370 | 2,904 | |
Tradeweb Markets Inc. Class A | 46,050 | 2,830 | |
Everest Re Group Ltd. | 7,847 | 2,652 | |
* | Markel Corp. | 1,985 | 2,630 |
* | Ryan Specialty Holdings Inc. | 53,805 | 2,167 |
First Citizens BancShares Inc. Class A | 2,116 | 1,728 | |
Raymond James Financial Inc. | 9,870 | 1,154 | |
Lincoln National Corp. | 23,103 | 900 | |
Brown & Brown Inc. | 10,939 | 652 | |
1 | Rocket Cos. Inc. Class A | 41,846 | 347 |
Assurant Inc. | 2,481 | 318 | |
1 | UWM Holdings Corp. | 54,826 | 244 |
Signature Bank | 1,720 | 240 | |
*,1 | Upstart Holdings Inc. | 8,877 | 174 |
*,1 | Credit Acceptance Corp. | 334 | 158 |
Corebridge Financial Inc. | 1,906 | 42 | |
400,674 | |||
Health Care (12.3%) | |||
UnitedHealth Group Inc. | 563,958 | 308,914 | |
AbbVie Inc. | 1,171,766 | 188,865 | |
Eli Lilly & Co. | 454,777 | 168,759 | |
Amgen Inc. | 297,425 | 85,182 | |
Merck & Co. Inc. | 702,758 | 77,388 | |
* | Intuitive Surgical Inc. | 218,534 | 59,089 |
* | Vertex Pharmaceuticals Inc. | 159,792 | 50,558 |
Zoetis Inc. | 312,134 | 48,112 |
Shares | Market Value ($000) | ||
Humana Inc. | 59,087 | 32,492 | |
* | Edwards Lifesciences Corp. | 409,409 | 31,627 |
* | DexCom Inc. | 259,355 | 30,158 |
Stryker Corp. | 124,547 | 29,130 | |
Agilent Technologies Inc. | 178,506 | 27,665 | |
* | IQVIA Holdings Inc. | 122,924 | 26,800 |
Elevance Health Inc. | 48,667 | 25,936 | |
* | IDEXX Laboratories Inc. | 55,311 | 23,555 |
ResMed Inc. | 95,480 | 21,979 | |
Thermo Fisher Scientific Inc. | 31,668 | 17,741 | |
* | Alnylam Pharmaceuticals Inc. | 80,082 | 17,665 |
* | Veeva Systems Inc. Class A | 92,426 | 17,594 |
Abbott Laboratories | 150,200 | 16,158 | |
* | Horizon Therapeutics plc | 137,923 | 13,832 |
* | Insulet Corp. | 45,542 | 13,634 |
West Pharmaceutical Services Inc. | 49,032 | 11,506 | |
* | ABIOMED Inc. | 29,542 | 11,161 |
* | Seagen Inc. | 89,574 | 10,873 |
Cigna Corp. | 31,557 | 10,379 | |
* | Molina Healthcare Inc. | 29,467 | 9,924 |
Bio-Techne Corp. | 102,173 | 8,684 | |
* | Incyte Corp. | 104,556 | 8,330 |
* | Avantor Inc. | 372,890 | 8,308 |
* | Neurocrine Biosciences Inc. | 62,968 | 8,001 |
Danaher Corp. | 29,227 | 7,991 | |
* | Align Technology Inc. | 39,190 | 7,707 |
* | Regeneron Pharmaceuticals Inc. | 9,973 | 7,497 |
* | Charles River Laboratories International Inc. | 31,331 | 7,161 |
* | Sarepta Therapeutics Inc. | 56,276 | 6,911 |
* | Novocure Ltd. | 68,126 | 5,235 |
* | Penumbra Inc. | 23,921 | 5,012 |
Bruker Corp. | 72,823 | 4,909 | |
* | Repligen Corp. | 25,942 | 4,639 |
* | Guardant Health Inc. | 68,004 | 3,559 |
* | Ionis Pharmaceuticals Inc. | 86,248 | 3,518 |
* | Masimo Corp. | 23,679 | 3,432 |
* | Exelixis Inc. | 184,125 | 3,145 |
Baxter International Inc. | 52,839 | 2,987 | |
* | DaVita Inc. | 37,253 | 2,747 |
* | Natera Inc. | 59,128 | 2,431 |
* | Moderna Inc. | 13,701 | 2,410 |
HCA Healthcare Inc. | 9,097 | 2,185 | |
* | 10X Genomics Inc. Class A | 54,190 | 2,095 |
* | agilon health Inc. | 114,388 | 2,009 |
Chemed Corp. | 3,535 | 1,838 | |
* | Catalent Inc. | 36,342 | 1,822 |
* | Tandem Diabetes Care Inc. | 39,023 | 1,641 |
* | Ultragenyx Pharmaceutical Inc. | 33,516 | 1,217 |
* | Doximity Inc. Class A | 32,799 | 1,115 |
* | Maravai LifeSciences Holdings Inc. Class A | 71,338 | 1,061 |
* | Exact Sciences Corp. | 21,612 | 971 |
* | Novavax Inc. | 50,012 | 825 |
* | Certara Inc. | 48,452 | 823 |
* | Sotera Health Co. | 64,251 | 536 |
* | ICU Medical Inc. | 2,767 | 441 |
* | Syneos Health Inc. | 10,849 | 383 |
* | Teladoc Health Inc. | 9,526 | 272 |
* | Ginkgo Bioworks Holdings Inc. | 106,471 | 212 |
Shares | Market Value ($000) | ||
* | Globus Medical Inc. Class A | 2,747 | 203 |
* | Signify Health Inc. Class A | 2,095 | 60 |
1,520,999 | |||
Industrials (13.7%) | |||
Visa Inc. Class A | 1,091,559 | 236,868 | |
Mastercard Inc. Class A | 570,882 | 203,462 | |
Accenture plc Class A | 420,059 | 126,408 | |
Union Pacific Corp. | 416,276 | 90,511 | |
United Parcel Service Inc. Class B (XNYS) | 434,818 | 82,498 | |
Deere & Co. | 185,881 | 81,974 | |
Lockheed Martin Corp. | 157,291 | 76,316 | |
Caterpillar Inc. | 304,895 | 72,080 | |
Automatic Data Processing Inc. | 253,919 | 67,070 | |
Illinois Tool Works Inc. | 184,537 | 41,977 | |
Sherwin-Williams Co. | 158,411 | 39,473 | |
Honeywell International Inc. | 131,306 | 28,828 | |
Paychex Inc. | 213,824 | 26,521 | |
Cintas Corp. | 53,350 | 24,636 | |
* | Mettler-Toledo International Inc. | 14,859 | 21,836 |
* | Boeing Co. | 113,154 | 20,241 |
Old Dominion Freight Line Inc. | 66,376 | 20,086 | |
* | Keysight Technologies Inc. | 110,005 | 19,899 |
Verisk Analytics Inc. Class A | 102,696 | 18,866 | |
* | PayPal Holdings Inc. | 236,759 | 18,564 |
WW Grainger Inc. | 30,143 | 18,178 | |
Trane Technologies plc | 90,250 | 16,102 | |
Rockwell Automation Inc. | 51,969 | 13,731 | |
* | Waters Corp. | 39,555 | 13,710 |
Emerson Electric Co. | 125,117 | 11,982 | |
CSX Corp. | 357,720 | 11,694 | |
PPG Industries Inc. | 83,114 | 11,239 | |
* | Fair Isaac Corp. | 16,233 | 10,060 |
* | FleetCor Technologies Inc. | 48,230 | 9,463 |
Booz Allen Hamilton Holding Corp. Class A | 86,960 | 9,253 | |
Jack Henry & Associates Inc. | 47,912 | 9,072 | |
JB Hunt Transport Services Inc. | 48,946 | 9,001 | |
TransDigm Group Inc. | 13,296 | 8,357 | |
Equifax Inc. | 40,320 | 7,958 | |
Vulcan Materials Co. | 42,450 | 7,782 | |
Toro Co. | 69,316 | 7,693 | |
Quanta Services Inc. | 51,062 | 7,653 | |
* | United Rentals Inc. | 21,418 | 7,561 |
Carlisle Cos. Inc. | 28,693 | 7,549 | |
* | Axon Enterprise Inc. | 34,499 | 6,349 |
HEICO Corp. Class A | 48,636 | 6,166 | |
Northrop Grumman Corp. | 11,281 | 6,016 | |
TransUnion | 93,290 | 5,885 | |
* | Paylocity Holding Corp. | 26,500 | 5,773 |
Parker-Hannifin Corp. | 18,919 | 5,656 | |
Lincoln Electric Holdings Inc. | 37,946 | 5,611 | |
Crown Holdings Inc. | 67,444 | 5,545 | |
Graco Inc. | 76,077 | 5,323 | |
Cognex Corp. | 106,164 | 5,285 | |
Sealed Air Corp. | 97,540 | 5,192 | |
Allegion plc | 45,637 | 5,187 | |
Robert Half International Inc. | 63,475 | 5,001 | |
HEICO Corp. | 28,063 | 4,555 | |
Ball Corp. | 80,326 | 4,505 |
Shares | Market Value ($000) | ||
* | Generac Holdings Inc. | 41,754 | 4,406 |
Advanced Drainage Systems Inc. | 42,276 | 4,112 | |
American Express Co. | 25,095 | 3,955 | |
Expeditors International of Washington Inc. | 32,981 | 3,828 | |
* | Zebra Technologies Corp. Class A | 14,161 | 3,827 |
Landstar System Inc. | 21,513 | 3,721 | |
* | Fiserv Inc. | 35,552 | 3,710 |
Graphic Packaging Holding Co. | 157,304 | 3,615 | |
* | WEX Inc. | 21,343 | 3,610 |
* | WillScot Mobile Mini Holdings Corp. | 74,532 | 3,593 |
General Electric Co. | 41,452 | 3,564 | |
* | Trex Co. Inc. | 74,114 | 3,401 |
Watsco Inc. | 11,567 | 3,111 | |
Genpact Ltd. | 62,204 | 2,868 | |
* | TopBuild Corp. | 18,341 | 2,826 |
Eagle Materials Inc. | 20,552 | 2,802 | |
Otis Worldwide Corp. | 33,426 | 2,610 | |
Allison Transmission Holdings Inc. | 52,215 | 2,339 | |
Berry Global Group Inc. | 39,465 | 2,313 | |
Tetra Tech Inc. | 14,551 | 2,249 | |
CH Robinson Worldwide Inc. | 21,851 | 2,190 | |
* | Euronet Worldwide Inc. | 23,256 | 2,162 |
IDEX Corp. | 8,702 | 2,067 | |
Nordson Corp. | 8,706 | 2,059 | |
* | WESCO International Inc. | 15,424 | 1,989 |
Fortune Brands Home & Security Inc. | 29,399 | 1,921 | |
Xylem Inc. | 16,268 | 1,828 | |
Spirit AeroSystems Holdings Inc. Class A | 64,063 | 1,679 | |
* | FTI Consulting Inc. | 9,053 | 1,565 |
* | Shift4 Payments Inc. Class A | 32,678 | 1,514 |
BWX Technologies Inc. | 23,285 | 1,418 | |
A O Smith Corp. | 22,048 | 1,339 | |
Martin Marietta Materials Inc. | 3,649 | 1,337 | |
Armstrong World Industries Inc. | 17,185 | 1,313 | |
MSA Safety Inc. | 9,113 | 1,285 | |
Huntington Ingalls Industries Inc. | 5,500 | 1,276 | |
Vontier Corp. | 63,818 | 1,253 | |
Western Union Co. | 82,848 | 1,215 | |
* | Axalta Coating Systems Ltd. | 34,205 | 918 |
Howmet Aerospace Inc. | 23,843 | 898 | |
Donaldson Co. Inc. | 13,933 | 849 | |
AGCO Corp. | 5,383 | 714 | |
Valmont Industries Inc. | 1,932 | 654 | |
Brunswick Corp. | 8,427 | 625 | |
RPM International Inc. | 4,626 | 479 | |
Masco Corp. | 8,568 | 435 | |
* | GXO Logistics Inc. | 8,523 | 399 |
* | Middleby Corp. | 2,676 | 386 |
AECOM | 4,415 | 375 | |
* | Core & Main Inc. Class A | 15,878 | 330 |
Louisiana-Pacific Corp. | 3,808 | 243 | |
* | XPO Logistics Inc. | 3,999 | 154 |
Ardagh Metal Packaging SA | 31,392 | 140 | |
* | RXO Inc. | 3,999 | 76 |
1,701,746 | |||
Real Estate (1.6%) | |||
American Tower Corp. | 235,884 | 52,189 | |
Crown Castle Inc. | 286,055 | 40,457 |
Shares | Market Value ($000) | ||
Equinix Inc. | 45,513 | 31,434 | |
Public Storage | 82,166 | 24,482 | |
Simon Property Group Inc. | 104,514 | 12,483 | |
* | CBRE Group Inc. Class A | 104,515 | 8,320 |
Iron Mountain Inc. | 142,414 | 7,737 | |
Lamar Advertising Co. Class A | 50,532 | 5,060 | |
SBA Communications Corp. Class A | 16,239 | 4,860 | |
Equity LifeStyle Properties Inc. | 72,647 | 4,825 | |
* | CoStar Group Inc. | 37,829 | 3,066 |
Extra Space Storage Inc. | 10,479 | 1,684 | |
Camden Property Trust | 5,592 | 673 | |
* | Zillow Group Inc. Class A | 9,860 | 369 |
Apartment Income REIT Corp. | 7,257 | 276 | |
* | Opendoor Technologies Inc. | 79,556 | 147 |
198,062 | |||
Technology (42.8%) | |||
Apple Inc. | 10,138,465 | 1,500,797 | |
Microsoft Corp. | 4,961,540 | 1,265,887 | |
* | Alphabet Inc. Class A | 3,468,332 | 350,267 |
* | Alphabet Inc. Class C | 3,119,278 | 316,451 |
NVIDIA Corp. | 1,596,339 | 270,148 | |
Broadcom Inc. | 261,884 | 144,306 | |
* | Adobe Inc. | 312,885 | 107,923 |
QUALCOMM Inc. | 743,376 | 94,030 | |
Texas Instruments Inc. | 418,774 | 75,572 | |
Intuit Inc. | 182,904 | 74,550 | |
* | Advanced Micro Devices Inc. | 843,581 | 65,487 |
Applied Materials Inc. | 575,546 | 63,080 | |
International Business Machines Corp. | 398,921 | 59,399 | |
Oracle Corp. | 688,565 | 57,172 | |
* | ServiceNow Inc. | 132,698 | 55,242 |
Lam Research Corp. | 90,686 | 42,838 | |
* | Meta Platforms Inc. Class A | 323,817 | 38,243 |
KLA Corp. | 93,903 | 36,918 | |
* | Synopsys Inc. | 100,934 | 34,271 |
* | Palo Alto Networks Inc. | 194,908 | 33,115 |
* | Cadence Design Systems Inc. | 180,721 | 31,091 |
* | Autodesk Inc. | 144,328 | 29,147 |
* | Snowflake Inc. Class A | 190,173 | 27,176 |
Microchip Technology Inc. | 304,586 | 24,120 | |
Amphenol Corp. Class A | 292,770 | 23,547 | |
* | Fortinet Inc. | 427,881 | 22,746 |
* | Workday Inc. Class A | 131,021 | 21,998 |
* | Salesforce Inc. | 136,187 | 21,824 |
* | Gartner Inc. | 50,823 | 17,807 |
CDW Corp. | 89,374 | 16,860 | |
* | Crowdstrike Holdings Inc. Class A | 139,497 | 16,412 |
* | ON Semiconductor Corp. | 179,712 | 13,514 |
* | EPAM Systems Inc. | 36,288 | 13,375 |
* | Datadog Inc. Class A | 176,216 | 13,354 |
Analog Devices Inc. | 69,698 | 11,982 | |
* | Atlassian Corp Ltd. Class A | 90,884 | 11,956 |
* | Paycom Software Inc. | 34,056 | 11,548 |
Monolithic Power Systems Inc. | 29,985 | 11,453 | |
NetApp Inc. | 145,236 | 9,819 | |
HP Inc. | 313,106 | 9,406 | |
* | HubSpot Inc. | 30,048 | 9,105 |
* | Cloudflare Inc. Class A | 184,762 | 9,079 |
Shares | Market Value ($000) | ||
* | Palantir Technologies Inc. Class A | 1,202,861 | 9,021 |
Teradyne Inc. | 96,271 | 8,997 | |
* | Match Group Inc. | 175,787 | 8,888 |
* | PTC Inc. | 69,740 | 8,872 |
* | DoorDash Inc. Class A | 146,223 | 8,517 |
* | Splunk Inc. | 106,071 | 8,240 |
* | VMware Inc. Class A | 67,801 | 8,237 |
* | Tyler Technologies Inc. | 23,929 | 8,201 |
Micron Technology Inc. | 137,598 | 7,933 | |
* | ANSYS Inc. | 30,219 | 7,685 |
Entegris Inc. | 97,788 | 7,558 | |
* | Zscaler Inc. | 55,328 | 7,384 |
* | Lattice Semiconductor Corp. | 90,842 | 6,616 |
* | MongoDB Inc. Class A | 43,296 | 6,611 |
* | Zoom Video Communications Inc. Class A | 83,772 | 6,319 |
* | DocuSign Inc. Class A | 130,391 | 6,137 |
* | Pure Storage Inc. Class A | 187,235 | 5,465 |
Jabil Inc. | 73,252 | 5,288 | |
* | ZoomInfo Technologies Inc. Class A | 180,978 | 5,176 |
* | Dynatrace Inc. | 132,016 | 5,116 |
* | Globant SA | 26,646 | 4,993 |
Bentley Systems Inc. Class B | 112,491 | 4,456 | |
* | Unity Software Inc. | 109,974 | 4,345 |
* | Aspen Technology Inc. | 17,682 | 4,076 |
* | Dropbox Inc. Class A | 170,285 | 4,012 |
* | Manhattan Associates Inc. | 25,940 | 3,267 |
Universal Display Corp. | 28,564 | 3,217 | |
* | Elastic NV | 51,977 | 3,180 |
Gen Digital Inc. | 137,112 | 3,148 | |
KBR Inc. | 60,537 | 3,128 | |
* | Toast Inc. Class A | 166,987 | 3,066 |
* | Five9 Inc. | 45,466 | 2,915 |
* | Wix.com Ltd. | 28,142 | 2,547 |
* | Smartsheet Inc. Class A | 81,324 | 2,500 |
* | RingCentral Inc. Class A | 55,540 | 2,058 |
* | AppLovin Corp. Class A | 142,652 | 2,056 |
* | Twilio Inc. Class A | 41,902 | 2,054 |
* | Nutanix Inc. Class A | 72,508 | 2,049 |
Switch Inc. Class A | 59,740 | 2,046 | |
* | Pinterest Inc. Class A | 80,196 | 2,039 |
* | New Relic Inc. | 33,764 | 1,900 |
* | Confluent Inc. Class A | 80,251 | 1,848 |
* | Alteryx Inc. Class A | 38,760 | 1,738 |
* | Coupa Software Inc. | 26,804 | 1,695 |
* | Procore Technologies Inc. | 32,437 | 1,588 |
* | Teradata Corp. | 38,790 | 1,325 |
* | Allegro MicroSystems Inc. | 42,510 | 1,324 |
* | VeriSign Inc. | 6,524 | 1,304 |
* | SentinelOne Inc. Class A | 83,749 | 1,214 |
* | GoDaddy Inc. Class A | 14,390 | 1,139 |
* | Ceridian HCM Holding Inc. | 16,623 | 1,138 |
Dell Technologies Inc. Class C | 25,417 | 1,138 | |
* | DoubleVerify Holdings Inc. | 41,936 | 1,099 |
Corning Inc. | 29,747 | 1,015 | |
Pegasystems Inc. | 26,392 | 957 | |
* | Jamf Holding Corp. | 35,314 | 751 |
* | Okta Inc. | 13,689 | 730 |
* | GLOBALFOUNDRIES Inc. | 9,826 | 632 |
Shares | Market Value ($000) | ||
* | Black Knight Inc. | 9,016 | 559 |
* | Thoughtworks Holding Inc. | 55,261 | 504 |
* | Coherent Corp. | 13,702 | 502 |
Vertiv Holdings Co. Class A | 31,531 | 437 | |
National Instruments Corp. | 10,340 | 424 | |
* | CCC Intelligent Solutions Holdings Inc. | 41,862 | 385 |
* | UiPath Inc. Class A | 22,584 | 282 |
* | nCino Inc. | 8,806 | 230 |
* | Arrow Electronics Inc. | 1,702 | 185 |
* | Definitive Healthcare Corp. Class A | 10,138 | 115 |
* | NCR Corp. | 3,387 | 81 |
* | Informatica Inc. Class A | 3,153 | 54 |
5,296,721 | |||
Telecommunications (0.5%) | |||
* | Charter Communications Inc. Class A | 73,419 | 28,728 |
* | Arista Networks Inc. | 163,287 | 22,746 |
* | Liberty Broadband Corp. Class C | 39,023 | 3,546 |
Cable One Inc. | 2,501 | 1,811 | |
* | Roku Inc. | 22,478 | 1,335 |
* | Liberty Broadband Corp. Class A | 4,733 | 427 |
Ubiquiti Inc. | 950 | 285 | |
58,878 | |||
Utilities (0.4%) | |||
Waste Management Inc. | 257,939 | 43,262 | |
Vistra Corp. | 158,875 | 3,865 | |
AES Corp. | 78,130 | 2,259 | |
Republic Services Inc. Class A | 8,538 | 1,189 | |
National Fuel Gas Co. | 3,921 | 260 | |
50,835 | |||
Total Common Stocks (Cost $9,625,820) | 12,368,737 | ||
Temporary Cash Investments (0.1%) | |||
Money Market Fund (0.1%) | |||
2,3 | Vanguard Market Liquidity Fund, 3.877% (Cost $11,239) | 112,421 | 11,241 |
Total Investments (100.0%) (Cost $9,637,059) | 12,379,978 | ||
Other Assets and Liabilities—Net (0.0%) | (2,366) | ||
Net Assets (100%) | 12,377,612 | ||
Cost is in $000. |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $8,140,000. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $8,023,000 was received for securities on loan. |
REIT—Real Estate Investment Trust. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | December 2022 | 44 | 8,979 | 333 |
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
At November 30, 2022, 100% of the market value of the fund’s investments and derivatives was determined based on Level 1 inputs.