Vanguard® Mid-Cap Growth Index Fund
Schedule of Investments (unaudited)
As of March 31, 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 (2.0%) | ||||||
Fastenal Co. | 3,900,745 | 231,704 | ||||
Albemarle Corp. | 396,596 | 87,707 | ||||
Mosaic Co. | 1,248,069 | 82,997 | ||||
FMC Corp. | 429,517 | 56,512 | ||||
458,920 | ||||||
Consumer Discretionary (13.5%) | ||||||
* | Aptiv plc | 1,833,356 | 219,471 | |||
* | Trade Desk Inc. Class A | 2,986,065 | 206,785 | |||
* | Expedia Group Inc. | 1,018,164 | 199,224 | |||
* | Copart Inc. | 1,446,756 | 181,524 | |||
Tractor Supply Co. | 764,297 | 178,364 | ||||
* | Ulta Beauty Inc. | 366,789 | 146,063 | |||
* | Hilton Worldwide Holdings Inc. | 945,928 | 143,535 | |||
* | Chipotle Mexican Grill Inc. | 90,243 | 142,767 | |||
* | Royal Caribbean Cruises Ltd. | 1,467,936 | 122,984 | |||
* | Take-Two Interactive Software Inc. | 782,207 | 120,256 | |||
* | Live Nation Entertainment Inc. | 989,532 | 116,409 | |||
* | Etsy Inc. | 859,225 | 106,784 | |||
* | Caesars Entertainment Inc. | 1,378,621 | 106,650 | |||
Domino's Pizza Inc. | 246,607 | 100,372 | ||||
* | NVR Inc. | 21,780 | 97,297 | |||
* | Burlington Stores Inc. | 452,483 | 82,429 | |||
* | LKQ Corp. | 1,653,403 | 75,081 | |||
* | Lyft Inc. Class A | 1,937,503 | 74,400 | |||
* | Carvana Co. | 561,836 | 67,021 | |||
Rollins Inc. | 1,667,359 | 58,441 | ||||
* | Wayfair Inc. Class A | 511,172 | 56,628 | |||
* | Wynn Resorts Ltd. | 705,448 | 56,252 | |||
* | Las Vegas Sands Corp. | 1,423,876 | 55,346 | |||
Pool Corp. | 129,052 | 54,570 | ||||
* | ROBLOX Corp. Class A | 996,234 | 46,066 | |||
* | DraftKings Inc. Class A | 2,077,197 | 40,443 | |||
* | Vail Resorts Inc. | 137,078 | 35,677 | |||
Warner Music Group Corp. Class A | 790,143 | 29,907 | ||||
* | Endeavor Group Holdings Inc. Class A | 984,456 | 29,061 | |||
1 | Sirius XM Holdings Inc. | 4,013,607 | 26,570 | |||
* | Peloton Interactive Inc. Class A | 976,412 | 25,797 | |||
*,1 | Lucid Group Inc. | 976,282 | 24,798 | |||
*,1 | Chewy Inc. Class A | 578,979 | 23,611 | |||
*,1 | QuantumScape Corp. Class A | 685,158 | 13,696 | |||
3,064,279 |
Shares | Market Value ($000) | |||||
Consumer Staples (1.3%) | ||||||
Church & Dwight Co. Inc. | 1,644,795 | 163,460 | ||||
McCormick & Co. Inc. (Non-Voting) | 846,289 | 84,459 | ||||
Lamb Weston Holdings Inc. | 492,017 | 29,477 | ||||
* | Olaplex Holdings Inc. | 438,706 | 6,857 | |||
284,253 | ||||||
Energy (4.9%) | ||||||
Devon Energy Corp. | 4,501,508 | 266,174 | ||||
* | Cheniere Energy Inc. | 1,551,727 | 215,147 | |||
Pioneer Natural Resources Co. | 781,906 | 195,500 | ||||
* | Enphase Energy Inc. | 816,951 | 164,844 | |||
* | Plug Power Inc. | 3,906,082 | 111,753 | |||
Diamondback Energy Inc. | 601,655 | 82,475 | ||||
Coterra Energy Inc. | 2,619,057 | 70,636 | ||||
1,106,529 | ||||||
Financials (6.1%) | ||||||
MSCI Inc. | 523,241 | 263,127 | ||||
* | SVB Financial Group | 398,156 | 222,748 | |||
First Republic Bank | 1,213,538 | 196,715 | ||||
Apollo Global Management Inc. | 2,846,472 | 176,453 | ||||
Broadridge Financial Solutions Inc. | 791,418 | 123,232 | ||||
FactSet Research Systems Inc. | 256,166 | 111,214 | ||||
MarketAxess Holdings Inc. | 243,597 | 82,872 | ||||
* | Markel Corp. | 43,807 | 64,626 | |||
Tradeweb Markets Inc. Class A | 725,263 | 63,729 | ||||
Interactive Brokers Group Inc. Class A | 632,065 | 41,659 | ||||
Ares Management Corp. Class A | 511,197 | 41,525 | ||||
1,387,900 | ||||||
Health Care (16.4%) | ||||||
* | Dexcom Inc. | 657,844 | 336,553 | |||
* | Centene Corp. | 3,950,274 | 332,574 | |||
* | IQVIA Holdings Inc. | 1,293,865 | 299,155 | |||
ResMed Inc. | 991,080 | 240,347 | ||||
West Pharmaceutical Services Inc. | 503,426 | 206,762 | ||||
* | Veeva Systems Inc. Class A | 942,133 | 200,166 | |||
* | Horizon Therapeutics plc | 1,537,249 | 161,734 | |||
* | IDEXX Laboratories Inc. | 285,492 | 156,181 | |||
PerkinElmer Inc. | 855,290 | 149,214 | ||||
Cooper Cos. Inc. | 334,097 | 139,516 | ||||
* | Seagen Inc. | 933,365 | 134,451 | |||
* | Alnylam Pharmaceuticals Inc. | 814,702 | 133,033 | |||
* | Catalent Inc. | 1,153,309 | 127,902 | |||
* | Insulet Corp. | 469,107 | 124,965 | |||
* | Avantor Inc. | 3,513,816 | 118,837 | |||
* | Incyte Corp. | 1,274,985 | 101,259 | |||
* | ABIOMED Inc. | 293,050 | 97,070 | |||
* | BioMarin Pharmaceutical Inc. | 1,246,430 | 96,100 | |||
Cerner Corp. | 994,028 | 93,001 | ||||
* | Exact Sciences Corp. | 1,180,023 | 82,507 | |||
STERIS plc | 339,301 | 82,033 | ||||
* | Bio-Rad Laboratories Inc. Class A | 143,212 | 80,661 | |||
* | Teladoc Health Inc. | 978,742 | 70,597 | |||
Teleflex Inc. | 158,739 | 56,325 | ||||
* | Charles River Laboratories International Inc. | 171,070 | 48,579 | |||
* | agilon health Inc. | 1,200,526 | 30,433 | |||
* | 10X Genomics Inc. Class A | 284,792 | 21,664 |
Shares | Market Value ($000) | |||||
* | GoodRx Holdings Inc. Class A | 233,075 | 4,505 | |||
*,1 | Ginkgo Bioworks Holdings Inc. | 603,478 | 2,432 | |||
3,728,556 | ||||||
Industrials (17.2%) | ||||||
Cintas Corp. | 597,575 | 254,202 | ||||
Verisk Analytics Inc. | 1,093,072 | 234,606 | ||||
* | TransDigm Group Inc. | 357,091 | 232,659 | |||
* | Mettler-Toledo International Inc. | 154,561 | 212,242 | |||
Old Dominion Freight Line Inc. | 700,628 | 209,264 | ||||
AMETEK Inc. | 1,570,328 | ���209,136 | ||||
Equifax Inc. | 827,405 | 196,178 | ||||
Vulcan Materials Co. | 899,385 | 165,217 | ||||
Martin Marietta Materials Inc. | 422,870 | 162,758 | ||||
* | Bill.com Holdings Inc. | 666,918 | 151,250 | |||
* | Teledyne Technologies Inc. | 316,201 | 149,446 | |||
* | Zebra Technologies Corp. Class A | 359,736 | 148,823 | |||
TransUnion | 1,300,567 | 134,401 | ||||
* | FleetCor Technologies Inc. | 522,797 | 130,208 | |||
* | Generac Holdings Inc. | 432,278 | 128,499 | |||
* | Waters Corp. | 410,134 | 127,302 | |||
* | Trimble Inc. | 1,702,558 | 122,823 | |||
Expeditors International of Washington Inc. | 1,148,104 | 118,438 | ||||
Westinghouse Air Brake Technologies Corp. | 1,192,982 | 114,729 | ||||
JB Hunt Transport Services Inc. | 569,380 | 114,326 | ||||
Xylem Inc. | 1,222,112 | 104,197 | ||||
Ball Corp. | 1,089,437 | 98,049 | ||||
Masco Corp. | 1,626,030 | 82,928 | ||||
HEICO Corp. Class A | 496,269 | 62,942 | ||||
* | Affirm Holdings Inc. Class A | 1,289,044 | 59,657 | |||
Jack Henry & Associates Inc. | 246,785 | 48,629 | ||||
Cognex Corp. | 559,860 | 43,193 | ||||
HEICO Corp. | 277,024 | 42,534 | ||||
Fortune Brands Home & Security Inc. | 459,928 | 34,163 | ||||
* | Marqeta Inc. Class A | 550,546 | 6,078 | |||
* | Aurora Innovation Inc. | 163,758 | 915 | |||
3,899,792 | ||||||
Real Estate (6.9%) | ||||||
Realty Income Corp. | 4,007,613 | 277,728 | ||||
Digital Realty Trust Inc. | 1,927,564 | 273,328 | ||||
SBA Communications Corp. | 737,248 | 253,687 | ||||
Extra Space Storage Inc. | 907,637 | 186,610 | ||||
* | CoStar Group Inc. | 2,676,952 | 178,312 | |||
Invitation Homes Inc. | 4,118,307 | 165,474 | ||||
Sun Communities Inc. | 785,921 | 137,764 | ||||
* | Zillow Group Inc. Class C | 1,116,105 | 55,013 | |||
* | Zillow Group Inc. Class A | 291,515 | 14,060 | |||
* | Opendoor Technologies Inc. | 1,576,540 | 13,637 | |||
1,555,613 | ||||||
Technology (28.4%) | ||||||
* | Synopsys Inc. | 1,037,604 | 345,802 | |||
* | Cadence Design Systems Inc. | 1,879,598 | 309,119 | |||
Amphenol Corp. Class A | 4,059,292 | 305,868 | ||||
Microchip Technology Inc. | 3,768,142 | 283,138 | ||||
* | Datadog Inc. Class A | 1,655,948 | 250,826 | |||
* | Palo Alto Networks Inc. | 333,730 | 207,750 | |||
Marvell Technology Inc. | 2,859,358 | 205,045 | ||||
* | Cloudflare Inc. Class A | 1,693,902 | 202,760 |
Shares | Market Value ($000) | |||||
* | Match Group Inc. | 1,835,910 | 199,637 | |||
* | Twitter Inc. | 5,154,869 | 199,442 | |||
* | MongoDB Inc. | 429,786 | 190,649 | |||
* | ANSYS Inc. | 591,188 | 187,791 | |||
* | ON Semiconductor Corp. | 2,931,178 | 183,521 | |||
* | Palantir Technologies Inc. Class A | 11,767,137 | 161,563 | |||
* | Fortinet Inc. | 470,940 | 160,939 | |||
* | Splunk Inc. | 1,076,146 | 159,926 | |||
* | Gartner Inc. | 529,810 | 157,597 | |||
* | Okta Inc. | 1,006,627 | 151,960 | |||
Skyworks Solutions Inc. | 1,111,521 | 148,144 | ||||
* | HubSpot Inc. | 306,271 | 145,460 | |||
Monolithic Power Systems Inc. | 297,817 | 144,644 | ||||
* | VeriSign Inc. | 634,658 | 141,186 | |||
* | Unity Software Inc. | 1,395,216 | 138,419 | |||
* | Zscaler Inc. | 569,621 | 137,438 | |||
* | DocuSign Inc. | 1,274,002 | 136,471 | |||
* | Akamai Technologies Inc. | 1,101,195 | 131,472 | |||
Teradyne Inc. | 1,100,748 | 130,141 | ||||
* | Tyler Technologies Inc. | 280,238 | 124,675 | |||
* | Paycom Software Inc. | 346,872 | 120,150 | |||
SS&C Technologies Holdings Inc. | 1,464,823 | 109,891 | ||||
* | EPAM Systems Inc. | 366,017 | 108,564 | |||
* | ZoomInfo Technologies Inc. Class A | 1,776,643 | 106,137 | |||
* | Twilio Inc. Class A | 581,833 | 95,892 | |||
* | Pinterest Inc. Class A | 3,859,741 | 94,988 | |||
* | GoDaddy Inc. Class A | 1,132,998 | 94,832 | |||
* | RingCentral Inc. Class A | 565,181 | 66,245 | |||
* | AppLovin Corp. Class A | 1,104,933 | 60,849 | |||
Bentley Systems Inc. Class B | 1,376,191 | 60,800 | ||||
* | Black Knight Inc. | 999,944 | 57,987 | |||
* | IAC/InterActiveCorp | 539,391 | 54,090 | |||
* | Coupa Software Inc. | 506,120 | 51,437 | |||
* | Zendesk Inc. | 412,960 | 49,675 | |||
* | Dropbox Inc. Class A | 1,924,182 | 44,737 | |||
* | Qualtrics International Inc. Class A | 549,076 | 15,676 | |||
*,1 | HashiCorp Inc. Class A | 51,977 | 2,807 | |||
*,1 | Gitlab Inc. Class A | 36,343 | 1,979 | |||
* | Toast Inc. Class A | 75,123 | 1,632 | |||
6,439,751 | ||||||
Telecommunications (2.1%) | ||||||
* | Arista Networks Inc. | 1,564,377 | 217,417 | |||
* | Liberty Broadband Corp. Class C | 958,681 | 129,729 | |||
* | Roku Inc. | 807,079 | 101,103 | |||
* | Liberty Broadband Corp. Class A | 153,347 | 20,097 | |||
468,346 | ||||||
Utilities (1.1%) | ||||||
Waste Connections Inc. | 1,744,037 | 243,642 | ||||
Total Common Stocks (Cost $16,666,910) | 22,637,581 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (0.4%) | ||||||
Money Market Fund (0.4%) | ||||||
2,3 | Vanguard Market Liquidity Fund (Cost $94,579) | 0.312% | 945,909 | 94,581 | ||
Total Investments (100.3%) (Cost $16,761,489) | 22,732,162 | |||||
Other Assets and Liabilities—Net (-0.3%) | (69,028) | |||||
Net Assets (100%) | 22,663,134 |
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 $72,829,000. |
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 $77,978,000 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 | June 2022 | 55 | 12,459 | (70) |
E-mini S&P Mid-Cap 400 Index | June 2022 | 52 | 13,984 | 479 |
409 |
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.
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 March 31, 2022, 100% of the market value of the fund's investments and derivatives was determined based on Level 1 inputs.