Vanguard® Mid-Cap Growth Index Fund
Schedule of Investments (unaudited)
As of September 30, 2021
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 (1.0%) | ||||||
Fastenal Co. | 3,725,490 | 192,273 | ||||
FMC Corp. | 417,104 | 38,190 | ||||
230,463 | ||||||
Consumer Discretionary (14.3%) | ||||||
* | Aptiv plc | 1,753,471 | 261,215 | |||
* | Trade Desk Inc. Class A | 2,813,991 | 197,824 | |||
* | Copart Inc. | 1,380,165 | 191,456 | |||
* | Etsy Inc. | 820,478 | 170,627 | |||
* | Chipotle Mexican Grill Inc. | 86,504 | 157,223 | |||
* | Lululemon Athletica Inc. | 384,726 | 155,699 | |||
* | Expedia Group Inc. | 941,824 | 154,365 | |||
Tractor Supply Co. | 741,148 | 150,164 | ||||
* | Caesars Entertainment Inc. | 1,314,296 | 147,569 | |||
* | Peloton Interactive Inc. Class A | 1,654,921 | 144,061 | |||
* | Ulta Beauty Inc. | 352,349 | 127,170 | |||
* | Burlington Stores Inc. | 432,514 | 122,648 | |||
* | Wayfair Inc. Class A | 476,236 | 121,683 | |||
* | Hilton Worldwide Holdings Inc. | 903,239 | 119,327 | |||
* | Take-Two Interactive Software Inc. | 755,281 | 116,366 | |||
Domino's Pizza Inc. | 238,892 | 113,942 | ||||
* | NVR Inc. | 21,946 | 105,211 | |||
* | Lyft Inc. Class A | 1,798,785 | 96,397 | |||
* | DraftKings Inc. Class A | 1,830,515 | 88,158 | |||
* | Live Nation Entertainment Inc. | 922,701 | 84,086 | |||
* | LKQ Corp. | 1,619,181 | 81,477 | |||
* | Royal Caribbean Cruises Ltd. | 701,669 | 62,413 | |||
MGM Resorts International | 1,327,544 | 57,283 | ||||
* | Wynn Resorts Ltd. | 674,795 | 57,189 | |||
Rollins Inc. | 1,594,856 | 56,346 | ||||
* | Vail Resorts Inc. | 130,487 | 43,589 | |||
* | Penn National Gaming Inc. | 508,172 | 36,822 | |||
* | Chewy Inc. Class A | 540,535 | 36,816 | |||
1 | Sirius XM Holdings Inc. | 5,250,536 | 32,028 | |||
*,1 | QuantumScape Corp. Class A | 1,087,145 | 26,678 | |||
Warner Music Group Corp. Class A | 606,092 | 25,904 | ||||
* | Endeavor Group Holdings Inc. Class A | 3,606 | 103 | |||
3,341,839 | ||||||
Consumer Staples (1.4%) | ||||||
Church & Dwight Co. Inc. | 1,591,628 | 131,421 | ||||
McCormick & Co. Inc. (Non-Voting) | 1,615,291 | 130,887 |
Shares | Market Value ($000) | |||||
Lamb Weston Holdings Inc. | 940,678 | 57,729 | ||||
* | Olaplex Holdings Inc. | 26,352 | 646 | |||
320,683 | ||||||
Energy (2.9%) | ||||||
Pioneer Natural Resources Co. | 1,423,221 | 236,980 | ||||
* | Cheniere Energy Inc. | 1,561,686 | 152,530 | |||
* | Enphase Energy Inc. | 785,361 | 117,781 | |||
* | Plug Power Inc. | 3,723,022 | 95,086 | |||
Devon Energy Corp. | 2,194,181 | 77,915 | ||||
680,292 | ||||||
Financials (5.7%) | ||||||
MSCI Inc. | 507,671 | 308,836 | ||||
* | SVB Financial Group | 367,904 | 237,990 | |||
First Republic Bank | 1,158,730 | 223,496 | ||||
Broadridge Financial Solutions Inc. | 752,996 | 125,479 | ||||
MarketAxess Holdings Inc. | 234,004 | 98,443 | ||||
FactSet Research Systems Inc. | 244,885 | 96,676 | ||||
Tradeweb Markets Inc. Class A | 682,595 | 55,140 | ||||
* | Markel Corp. | 44,479 | 53,158 | |||
Apollo Global Management Inc. | 687,201 | 42,325 | ||||
Interactive Brokers Group Inc. Class A | 572,547 | 35,693 | ||||
*,1 | Lucid Group Inc. | 1,311,536 | 33,287 | |||
SEI Investments Co. | 411,678 | 24,412 | ||||
1,334,935 | ||||||
Health Care (16.8%) | ||||||
* | Dexcom Inc. | 627,131 | 342,953 | |||
* | IQVIA Holdings Inc. | 1,242,032 | 297,516 | |||
* | Veeva Systems Inc. Class A | 895,516 | 258,061 | |||
ResMed Inc. | 944,310 | 248,873 | ||||
* | Centene Corp. | 3,779,337 | 235,490 | |||
West Pharmaceutical Services Inc. | 479,534 | 203,581 | ||||
* | IDEXX Laboratories Inc. | 275,732 | 171,478 | |||
* | Horizon Therapeutics plc | 1,464,250 | 160,394 | |||
* | Seagen Inc. | 884,484 | 150,185 | |||
* | Catalent Inc. | 1,104,162 | 146,931 | |||
* | Alnylam Pharmaceuticals Inc. | 770,376 | 145,455 | |||
Cerner Corp. | 1,916,007 | 135,117 | ||||
Cooper Cos. Inc. | 319,226 | 131,939 | ||||
* | Insulet Corp. | 446,445 | 126,893 | |||
* | Teladoc Health Inc. | 929,042 | 117,812 | |||
Teleflex Inc. | 303,369 | 114,234 | ||||
* | Exact Sciences Corp. | 1,114,588 | 106,387 | |||
* | Bio-Rad Laboratories Inc. Class A | 136,111 | 101,532 | |||
* | BioMarin Pharmaceutical Inc. | 1,188,499 | 91,859 | |||
* | ABIOMED Inc. | 279,451 | 90,967 | |||
* | Incyte Corp. | 1,216,745 | 83,688 | |||
* | 10X Genomics Inc. Class A | 528,576 | 76,950 | |||
* | Charles River Laboratories International Inc. | 163,332 | 67,402 | |||
STERIS plc | 323,319 | 66,048 | ||||
* | Avantor Inc. | 1,609,268 | 65,819 | |||
PerkinElmer Inc. | 363,363 | 62,967 | ||||
* | PPD Inc. | 911,126 | 42,632 | |||
* | Novocure Ltd. | 285,540 | 33,171 | |||
* | Oak Street Health Inc. | 702,571 | 29,880 | |||
*,1 | GoodRx Holdings Inc. Class A | 415,567 | 17,047 | |||
* | agilon health Inc. | 253,142 | 6,635 | |||
3,929,896 |
Shares | Market Value ($000) | |||||
Industrials (18.0%) | ||||||
IHS Markit Ltd. | 2,325,431 | 271,192 | ||||
Cintas Corp. | 567,326 | 215,958 | ||||
* | TransDigm Group Inc. | 339,379 | 211,966 | |||
Verisk Analytics Inc. | 1,045,879 | 209,458 | ||||
* | Mettler-Toledo International Inc. | 149,844 | 206,389 | |||
Equifax Inc. | 789,756 | 200,140 | ||||
Old Dominion Freight Line Inc. | 675,614 | 193,212 | ||||
AMETEK Inc. | 1,498,683 | 185,852 | ||||
* | Zebra Technologies Corp. Class A | 346,160 | 178,418 | |||
* | Generac Holdings Inc. | 409,153 | 167,209 | |||
Kansas City Southern | 589,638 | 159,580 | ||||
Xylem Inc. | 1,167,825 | 144,437 | ||||
* | Waters Corp. | 397,757 | 142,119 | |||
* | FleetCor Technologies Inc. | 535,443 | 139,895 | |||
TransUnion | 1,241,309 | 139,411 | ||||
Vulcan Materials Co. | 817,028 | 138,208 | ||||
Martin Marietta Materials Inc. | 404,332 | 138,152 | ||||
* | Trimble Inc. | 1,631,006 | 134,150 | |||
Expeditors International of Washington Inc. | 1,101,245 | 131,191 | ||||
* | Teledyne Technologies Inc. | 302,108 | 129,780 | |||
Westinghouse Air Brake Technologies Corp. | 1,164,075 | 100,355 | ||||
Ball Corp. | 1,058,555 | 95,238 | ||||
JB Hunt Transport Services Inc. | 545,514 | 91,221 | ||||
Masco Corp. | 1,602,163 | 89,000 | ||||
* | Affirm Holdings Inc. Class A | 717,463 | 85,471 | |||
* | Bill.com Holdings Inc. | 311,577 | 83,175 | |||
HEICO Corp. Class A | 473,593 | 56,088 | ||||
Cognex Corp. | 543,970 | 43,637 | ||||
Fortune Brands Home & Security Inc. | 446,789 | 39,952 | ||||
Jack Henry & Associates Inc. | 239,941 | 39,365 | ||||
HEICO Corp. | 280,945 | 37,048 | ||||
*,1 | Marqeta Inc. Class A | 410,718 | 9,085 | |||
4,206,352 | ||||||
Real Estate (6.5%) | ||||||
Digital Realty Trust Inc. | 1,831,792 | 264,602 | ||||
SBA Communications Corp. | 710,129 | 234,747 | ||||
* | CoStar Group Inc. | 2,560,127 | 220,325 | |||
Extra Space Storage Inc. | 867,345 | 145,705 | ||||
Invitation Homes Inc. | 3,736,776 | 143,231 | ||||
Sun Communities Inc. | 751,289 | 139,064 | ||||
* | Zillow Group Inc. Class C | 1,084,750 | 95,610 | |||
Alexandria Real Estate Equities Inc. | 493,810 | 94,352 | ||||
Realty Income Corp. | 1,262,036 | 81,856 | ||||
* | Opendoor Technologies Inc. | 3,135,487 | 64,372 | |||
* | Zillow Group Inc. Class A | 278,669 | 24,684 | |||
1,508,548 | ||||||
Technology (30.3%) | ||||||
Marvell Technology Inc. | 5,312,038 | 320,369 | ||||
* | Synopsys Inc. | 988,529 | 295,975 | |||
* | Palo Alto Networks Inc. | 599,727 | 287,269 | |||
Amphenol Corp. Class A | 3,877,447 | 283,945 | ||||
Microchip Technology Inc. | 1,776,342 | 272,651 | ||||
* | Cadence Design Systems Inc. | 1,794,100 | 271,698 | |||
* | Match Group Inc. | 1,704,592 | 267,604 | |||
* | Fortinet Inc. | 899,850 | 262,792 | |||
Xilinx Inc. | 1,604,105 | 242,204 |
Shares | Market Value ($000) | |||||
* | Okta Inc. | 929,872 | 220,696 | |||
* | Datadog Inc. Class A | 1,476,277 | 208,672 | |||
* | EPAM Systems Inc. | 348,725 | 198,941 | |||
* | HubSpot Inc. | 289,456 | 195,698 | |||
* | ANSYS Inc. | 565,575 | 192,550 | |||
* | MongoDB Inc. | 397,781 | 187,558 | |||
Skyworks Solutions Inc. | 1,070,479 | 176,394 | ||||
* | Cloudflare Inc. Class A | 1,536,843 | 173,125 | |||
KLA Corp. | 495,025 | 165,591 | ||||
* | Paycom Software Inc. | 331,106 | 164,146 | |||
* | Gartner Inc. | 515,100 | 156,529 | |||
* | DocuSign Inc. | 599,895 | 154,431 | |||
* | Splunk Inc. | 1,062,529 | 153,759 | |||
* | Twitter Inc. | 2,456,933 | 148,374 | |||
Monolithic Power Systems Inc. | 282,773 | 137,054 | ||||
* | Zscaler Inc. | 488,378 | 128,062 | |||
* | Unity Software Inc. | 1,007,218 | 127,161 | |||
* | VeriSign Inc. | 616,393 | 126,367 | |||
* | Palantir Technologies Inc. Class A | 5,140,594 | 123,580 | |||
* | Tyler Technologies Inc. | 264,748 | 121,427 | |||
Teradyne Inc. | 1,069,369 | 116,743 | ||||
* | RingCentral Inc. Class A | 527,693 | 114,773 | |||
* | Akamai Technologies Inc. | 1,055,466 | 110,391 | |||
* | Coupa Software Inc. | 476,599 | 104,461 | |||
SS&C Technologies Holdings Inc. | 1,406,388 | 97,603 | ||||
* | Pinterest Inc. Class A | 1,799,358 | 91,677 | |||
Bentley Systems Inc. Class B | 1,312,950 | 79,617 | ||||
* | GoDaddy Inc. Class A | 1,094,370 | 76,278 | |||
* | ZoomInfo Technologies Inc. Class A | 1,178,482 | 72,111 | |||
* | Black Knight Inc. | 964,528 | 69,446 | |||
* | IAC/InterActiveCorp | 513,860 | 66,951 | |||
* | ON Semiconductor Corp. | 1,395,381 | 63,867 | |||
* | Dropbox Inc. Class A | 1,941,721 | 56,737 | |||
* | Zendesk Inc. | 388,921 | 45,266 | |||
Citrix Systems Inc. | 402,532 | 43,220 | ||||
* | IPG Photonics Corp. | 225,411 | 35,705 | |||
* | Bumble Inc. Class A | 543,453 | 27,162 | |||
*,1 | AppLovin Corp. Class A | 218,233 | 15,794 | |||
* | Qualtrics International Inc. Class A | 266,914 | 11,408 | |||
* | Toast Inc. Class A | 140,940 | 7,040 | |||
7,070,872 | ||||||
Telecommunications (2.1%) | ||||||
* | Liberty Broadband Corp. Class C | 940,881 | 162,490 | |||
* | Arista Networks Inc. | 372,957 | 128,163 | |||
* | Roku Inc. | 377,274 | 118,219 | |||
* | Altice USA Inc. Class A | 1,406,580 | 29,144 | |||
* | Liberty Broadband Corp. Class A | 154,505 | 26,011 | |||
Ubiquiti Inc. | 40,742 | 12,169 | ||||
476,196 | ||||||
Utilities (0.9%) | ||||||
Waste Connections Inc. | 1,688,680 | 212,655 | ||||
Total Common Stocks (Cost $14,819,049) | 23,312,731 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (0.5%) | ||||||
Money Market Fund (0.5%) | ||||||
2,3 | Vanguard Market Liquidity Fund (Cost $107,300) | 0.068% | 1,073,016 | 107,302 | ||
Total Investments (100.4%) (Cost $14,926,349) | 23,420,033 | |||||
Other Assets and Liabilities—Net (-0.4%) | (82,582) | |||||
Net Assets (100%) | 23,337,451 |
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 $77,238,000. |
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 $82,930,000 was received for securities on loan. |
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 2021 | 72 | 15,472 | (390) |
E-mini S&P Mid-Cap 400 Index | December 2021 | 55 | 14,483 | (252) |
(642) |
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 materially 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 board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
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 September 30, 2021, 100% of the market value of the fund's investments and derivatives was determined based on Level 1 inputs.