Vanguard® S&P Mid-Cap 400 Growth Index Fund
Schedule of Investments (unaudited)
As of November 30, 2020
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%) | ||||||
Communication Services (1.7%) | ||||||
Cable One Inc. | 4,882 | 9,670 | ||||
New York Times Co. Class A | 85,871 | 3,685 | ||||
* | Yelp Inc. | 61,948 | 1,978 | |||
World Wrestling Entertainment Inc. Class A | 23,924 | 1,030 | ||||
16,363 | ||||||
Consumer Discretionary (15.4%) | ||||||
* | Caesars Entertainment Inc. | 179,707 | 12,242 | |||
Dunkin' Brands Group Inc. | 74,137 | 7,884 | ||||
* | Five Below Inc. | 50,320 | 7,870 | |||
Gentex Corp. | 221,468 | 7,220 | ||||
Lithia Motors Inc. Class A | 23,089 | 6,680 | ||||
* | Deckers Outdoor Corp. | 25,250 | 6,428 | |||
* | RH | 13,907 | 6,302 | |||
Churchill Downs Inc. | 31,981 | 5,754 | ||||
Williams-Sonoma Inc. | 48,371 | 5,295 | ||||
* | TopBuild Corp. | 29,810 | 5,194 | |||
Polaris Inc. | 51,957 | 4,988 | ||||
Wyndham Hotels & Resorts Inc. | 83,946 | 4,827 | ||||
Marriott Vacations Worldwide Corp. | 36,998 | 4,711 | ||||
* | Tempur Sealy International Inc. | 172,852 | 4,354 | |||
* | Skechers U.S.A. Inc. Class A | 122,825 | 4,111 | |||
Service Corp. International | 80,990 | 3,939 | ||||
Wingstop Inc. | 26,671 | 3,395 | ||||
* | Grubhub Inc. | 46,566 | 3,275 | |||
* | Fox Factory Holding Corp. | 37,340 | 3,259 | |||
Murphy USA Inc. | 24,452 | 3,135 | ||||
Boyd Gaming Corp. | 72,266 | 2,781 | ||||
* | Helen of Troy Ltd. | 13,463 | 2,719 | |||
Brunswick Corp. | 34,954 | 2,609 | ||||
Choice Hotels International Inc. | 25,942 | 2,585 | ||||
* | Ollie's Bargain Outlet Holdings Inc. | 28,701 | 2,527 | |||
Toll Brothers Inc. | 51,735 | 2,450 | ||||
Texas Roadhouse Inc. | 29,981 | 2,273 | ||||
Carter's Inc. | 24,772 | 2,204 | ||||
Aaron's Holdings Co. Inc. | 34,486 | 2,170 | ||||
* | Visteon Corp. | 17,803 | 2,151 | |||
Wendy's Co. | 93,576 | 2,058 | ||||
* | Scientific Games Corp. | 50,350 | 1,877 | |||
Papa John's International Inc. | 18,924 | 1,521 | ||||
Columbia Sportswear Co. | 16,996 | 1,392 | ||||
Wyndham Destinations Inc. | 33,016 | 1,389 |
Shares | Market Value ($000) | |||||
KB Home | 36,501 | 1,285 | ||||
Strategic Education Inc. | 11,629 | 1,092 | ||||
Six Flags Entertainment Corp. | 34,034 | 1,046 | ||||
Jack in the Box Inc. | 10,041 | 924 | ||||
* | WW International Inc. | 21,949 | 648 | |||
148,564 | ||||||
Consumer Staples (2.7%) | ||||||
* | Boston Beer Co. Inc. Class A | 8,209 | 7,641 | |||
Casey's General Stores Inc. | 33,257 | 6,042 | ||||
* | Post Holdings Inc. | 26,105 | 2,466 | |||
Sanderson Farms Inc. | 17,837 | 2,439 | ||||
Energizer Holdings Inc. | 52,484 | 2,199 | ||||
* | Grocery Outlet Holding Corp. | 46,573 | 1,799 | |||
Lancaster Colony Corp. | 8,620 | 1,460 | ||||
Coty Inc. Class A | 119,359 | 858 | ||||
* | Pilgrim's Pride Corp. | 28,058 | 530 | |||
Tootsie Roll Industries Inc. | 7,281 | 225 | ||||
25,659 | ||||||
Energy (0.5%) | ||||||
* | WPX Energy Inc. | 364,040 | 2,592 | |||
Cimarex Energy Co. | 49,648 | 1,785 | ||||
Murphy Oil Corp. | 58,437 | 588 | ||||
4,965 | ||||||
Financials (8.5%) | ||||||
FactSet Research Systems Inc. | 34,236 | 11,427 | ||||
Brown & Brown Inc. | 211,519 | 9,525 | ||||
RenaissanceRe Holdings Ltd. | 46,152 | 7,599 | ||||
SEI Investments Co. | 109,574 | 5,780 | ||||
Eaton Vance Corp. | 73,049 | 4,893 | ||||
Primerica Inc. | 35,612 | 4,639 | ||||
Essent Group Ltd. | 101,303 | 4,443 | ||||
Alleghany Corp. | 6,449 | 3,709 | ||||
Commerce Bancshares Inc. | 49,748 | 3,281 | ||||
First Financial Bankshares Inc. | 81,910 | 2,737 | ||||
* | LendingTree Inc. | 9,806 | 2,506 | |||
Evercore Inc. Class A | 25,604 | 2,328 | ||||
RLI Corp. | 22,457 | 2,150 | ||||
Stifel Financial Corp. | 30,274 | 2,098 | ||||
Glacier Bancorp Inc. | 50,722 | 2,068 | ||||
New York Community Bancorp Inc. | 208,969 | 2,025 | ||||
SLM Corp. | 169,036 | 1,794 | ||||
Federated Hermes Inc. | 60,894 | 1,634 | ||||
Bank of Hawaii Corp. | 20,897 | 1,565 | ||||
FirstCash Inc. | 24,298 | 1,561 | ||||
MGIC Investment Corp. | 121,929 | 1,458 | ||||
CIT Group Inc. | 41,748 | 1,398 | ||||
Washington Federal Inc. | 43,096 | 1,007 | ||||
81,625 | ||||||
Health Care (14.9%) | ||||||
* | Masimo Corp. | 45,553 | 11,593 | |||
Bio-Techne Corp. | 34,738 | 10,536 | ||||
* | Charles River Laboratories International Inc. | 44,766 | 10,499 | |||
* | Repligen Corp. | 43,999 | 8,345 | |||
* | Amedisys Inc. | 29,256 | 7,162 | |||
Chemed Corp. | 14,345 | 6,861 | ||||
* | Penumbra Inc. | 30,259 | 6,714 | |||
* | Quidel Corp. | 34,399 | 6,710 |
Shares | Market Value ($000) | |||||
* | PRA Health Sciences Inc. | 57,636 | 6,467 | |||
* | Arrowhead Pharmaceuticals Inc. | 92,177 | 5,764 | |||
* | LHC Group Inc. | 28,466 | 5,588 | |||
* | Jazz Pharmaceuticals plc | 37,981 | 5,344 | |||
* | Exelixis Inc. | 278,434 | 5,335 | |||
* | HealthEquity Inc. | 69,107 | 4,954 | |||
* | Syneos Health Inc. | 62,961 | 4,145 | |||
* | Globus Medical Inc. Class A | 67,878 | 4,078 | |||
* | Integra LifeSciences Holdings Corp. | 63,787 | 3,491 | |||
Encompass Health Corp. | 42,118 | 3,394 | ||||
* | ICU Medical Inc. | 17,547 | 3,311 | |||
* | Haemonetics Corp. | 29,239 | 3,300 | |||
* | Halozyme Therapeutics Inc. | 80,981 | 3,166 | |||
* | Medpace Holdings Inc. | 24,568 | 3,154 | |||
Hill-Rom Holdings Inc. | 33,010 | 3,131 | ||||
* | Neogen Corp. | 30,583 | 2,270 | |||
* | Emergent BioSolutions Inc. | 24,727 | 2,026 | |||
* | NuVasive Inc. | 30,021 | 1,391 | |||
*,1 | Ligand Pharmaceuticals Inc. | 14,507 | 1,224 | |||
* | LivaNova plc | 22,333 | 1,180 | |||
Cantel Medical Corp. | 18,970 | 1,127 | ||||
* | Nektar Therapeutics | 51,724 | 848 | |||
143,108 | ||||||
Industrials (20.0%) | ||||||
* | Generac Holdings Inc. | 56,580 | 12,199 | |||
Graco Inc. | 150,223 | 10,176 | ||||
Nordson Corp. | 48,636 | 9,913 | ||||
Toro Co. | 96,686 | 8,770 | ||||
Hubbell Inc. | 48,867 | 7,896 | ||||
* | Trex Co. Inc. | 104,309 | 7,804 | |||
* | Axon Enterprise Inc. | 57,199 | 7,189 | |||
Carlisle Cos. Inc. | 49,183 | 7,123 | ||||
Lincoln Electric Holdings Inc. | 53,495 | 6,152 | ||||
Lennox International Inc. | 20,704 | 5,959 | ||||
Woodward Inc. | 52,280 | 5,847 | ||||
Tetra Tech Inc. | 48,559 | 5,791 | ||||
* | Sunrun Inc. | 89,263 | 5,720 | |||
* | IAA Inc. | 82,078 | 4,918 | |||
Knight-Swift Transportation Holdings Inc. | 113,501 | 4,686 | ||||
Timken Co. | 60,904 | 4,473 | ||||
* | Middleby Corp. | 29,069 | 3,953 | |||
Donaldson Co. Inc. | 72,739 | 3,873 | ||||
ITT Inc. | 52,164 | 3,789 | ||||
Owens Corning | 51,587 | 3,759 | ||||
Hexcel Corp. | 75,250 | 3,726 | ||||
Simpson Manufacturing Co. Inc. | 39,175 | 3,600 | ||||
* | Mercury Systems Inc. | 50,463 | 3,594 | |||
* | FTI Consulting Inc. | 32,977 | 3,463 | |||
Watsco Inc. | 15,084 | 3,430 | ||||
* | Clean Harbors Inc. | 46,127 | 3,338 | |||
Curtiss-Wright Corp. | 27,350 | 3,152 | ||||
MSA Safety Inc. | 20,855 | 3,117 | ||||
Landstar System Inc. | 23,519 | 3,091 | ||||
Brink's Co. | 45,526 | 3,055 | ||||
Oshkosh Corp. | 36,209 | 2,915 | ||||
* | MasTec Inc. | 50,557 | 2,867 | |||
AGCO Corp. | 29,332 | 2,714 | ||||
* | Stericycle Inc. | 36,272 | 2,555 |
Shares | Market Value ($000) | |||||
CoreLogic Inc. | 32,220 | 2,497 | ||||
* | ASGN Inc. | 28,859 | 2,256 | |||
EMCOR Group Inc. | 22,762 | 1,962 | ||||
Herman Miller Inc. | 53,051 | 1,891 | ||||
* | Builders FirstSource Inc. | 47,332 | 1,771 | |||
Insperity Inc. | 18,203 | 1,556 | ||||
* | Colfax Corp. | 40,809 | 1,472 | |||
Valmont Industries Inc. | 8,855 | 1,443 | ||||
* | Kirby Corp. | 28,103 | 1,422 | |||
Werner Enterprises Inc. | 24,016 | 960 | ||||
191,837 | ||||||
Information Technology (20.9%) | ||||||
* | Trimble Inc. | 225,473 | 13,499 | |||
* | SolarEdge Technologies Inc. | 45,163 | 12,554 | |||
* | Fair Isaac Corp. | 26,131 | 12,354 | |||
Monolithic Power Systems Inc. | 38,042 | 12,172 | ||||
Cognex Corp. | 155,934 | 11,717 | ||||
* | Enphase Energy Inc. | 81,753 | 11,165 | |||
Universal Display Corp. | 38,622 | 8,846 | ||||
* | WEX Inc. | 39,736 | 6,884 | |||
MKS Instruments Inc. | 49,672 | 6,854 | ||||
* | Ceridian HCM Holding Inc. | 70,188 | 6,767 | |||
* | Paylocity Holding Corp. | 33,458 | 6,578 | |||
* | Lumentum Holdings Inc. | 67,765 | 5,854 | |||
* | Manhattan Associates Inc. | 57,239 | 5,852 | |||
* | CACI International Inc. Class A | 22,615 | 5,366 | |||
* | PTC Inc. | 48,969 | 5,281 | |||
Jabil Inc. | 122,118 | 4,667 | ||||
* | Silicon Laboratories Inc. | 39,464 | 4,626 | |||
* | Cirrus Logic Inc. | 52,617 | 4,215 | |||
CMC Materials Inc. | 26,182 | 4,039 | ||||
* | Ciena Corp. | 85,845 | 3,846 | |||
* | J2 Global Inc. | 40,324 | 3,613 | |||
KBR Inc. | 128,282 | 3,562 | ||||
* | ACI Worldwide Inc. | 104,878 | 3,417 | |||
Littelfuse Inc. | 13,819 | 3,324 | ||||
CDK Global Inc. | 66,804 | 3,200 | ||||
* | Qualys Inc. | 30,414 | 2,890 | |||
* | Sailpoint Technologies Holdings Inc. | 61,284 | 2,853 | |||
Perspecta Inc. | 123,138 | 2,761 | ||||
* | Coherent Inc. | 21,858 | 2,662 | |||
Blackbaud Inc. | 44,672 | 2,461 | ||||
Science Applications International Corp. | 23,586 | 2,183 | ||||
MAXIMUS Inc. | 30,388 | 2,182 | ||||
National Instruments Corp. | 55,665 | 2,084 | ||||
* | Semtech Corp. | 29,944 | 2,020 | |||
Sabre Corp. | 134,448 | 1,513 | ||||
* | Synaptics Inc. | 18,846 | 1,466 | |||
* | LiveRamp Holdings Inc. | 23,746 | 1,389 | |||
* | NCR Corp. | 49,713 | 1,376 | |||
* | ViaSat Inc. | 29,427 | 1,000 | |||
* | CommVault Systems Inc. | 20,517 | 980 | |||
* | Teradata Corp. | 38,403 | 842 | |||
200,914 | ||||||
Materials (5.1%) | ||||||
Reliance Steel & Aluminum Co. | 57,453 | 6,768 | ||||
Royal Gold Inc. | 59,105 | 6,529 |
Shares | Market Value ($000) | |||||
Scotts Miracle-Gro Co. | 36,685 | 6,448 | ||||
RPM International Inc. | 70,270 | 6,184 | ||||
AptarGroup Inc. | 34,857 | 4,403 | ||||
Eagle Materials Inc. | 37,627 | 3,424 | ||||
Steel Dynamics Inc. | 88,242 | 3,195 | ||||
Louisiana-Pacific Corp. | 72,866 | 2,494 | ||||
* | Ingevity Corp. | 37,194 | 2,476 | |||
Valvoline Inc. | 90,035 | 2,052 | ||||
NewMarket Corp. | 4,287 | 1,585 | ||||
Silgan Holdings Inc. | 42,560 | 1,439 | ||||
Compass Minerals International Inc. | 22,022 | 1,376 | ||||
Cabot Corp. | 22,953 | 951 | ||||
49,324 | ||||||
Real Estate (8.6%) | ||||||
Rexford Industrial Realty Inc. | 111,544 | 5,345 | ||||
STORE Capital Corp. | 160,323 | 5,220 | ||||
EastGroup Properties Inc. | 35,442 | 4,832 | ||||
CoreSite Realty Corp. | 38,326 | 4,806 | ||||
CyrusOne Inc. | 68,454 | 4,786 | ||||
Camden Property Trust | 48,268 | 4,770 | ||||
Cousins Properties Inc. | 133,873 | 4,473 | ||||
Lamar Advertising Co. Class A | 47,486 | 3,780 | ||||
Kilroy Realty Corp. | 56,667 | 3,466 | ||||
National Retail Properties Inc. | 86,006 | 3,242 | ||||
Omega Healthcare Investors Inc. | 92,033 | 3,241 | ||||
First Industrial Realty Trust Inc. | 75,648 | 3,168 | ||||
* | Jones Lang LaSalle Inc. | 22,396 | 2,963 | |||
Douglas Emmett Inc. | 93,580 | 2,898 | ||||
Life Storage Inc. | 25,787 | 2,829 | ||||
PS Business Parks Inc. | 18,076 | 2,382 | ||||
American Campus Communities Inc. | 59,528 | 2,369 | ||||
Brixmor Property Group Inc. | 149,610 | 2,285 | ||||
Highwoods Properties Inc. | 46,878 | 1,795 | ||||
Healthcare Realty Trust Inc. | 56,386 | 1,663 | ||||
Physicians Realty Trust | 91,794 | 1,593 | ||||
Rayonier Inc. | 51,710 | 1,457 | ||||
Spirit Realty Capital Inc. | 38,996 | 1,437 | ||||
Hudson Pacific Properties Inc. | 49,722 | 1,293 | ||||
PotlatchDeltic Corp. | 27,706 | 1,289 | ||||
Corporate Office Properties Trust | 46,475 | 1,238 | ||||
EPR Properties | 29,642 | 1,068 | ||||
Taubman Centers Inc. | 23,956 | 1,023 | ||||
Weingarten Realty Investors | 47,848 | 1,001 | ||||
Urban Edge Properties | 45,373 | 589 | ||||
82,301 | ||||||
Utilities (1.6%) | ||||||
Essential Utilities Inc. | 110,570 | 5,007 | ||||
MDU Resources Group Inc. | 75,863 | 1,892 | ||||
ONE Gas Inc. | 23,850 | 1,888 | ||||
IDACORP Inc. | 20,463 | 1,853 | ||||
PNM Resources Inc. | 35,891 | 1,763 | ||||
Hawaiian Electric Industries Inc. | 47,224 | 1,692 | ||||
Black Hills Corp. | 26,566 | 1,616 | ||||
15,711 | ||||||
Total Common Stocks (Cost $802,710) | 960,371 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (0.1%) | ||||||
Money Market Fund (0.1%) | ||||||
2,3 | Vanguard Market Liquidity Fund (Cost $1,189) | 0.109% | 11,894 | 1,189 | ||
Total Investments (100.0%) (Cost $803,899) | 961,560 | |||||
Other Assets and Liabilities—Net (0.0%) | (370) | |||||
Net Assets (100%) | 961,190 |
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 $1,139,000. |
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 $1,188,000 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 Mid-Cap 400 Index | December 2020 | 4 | 867 | 111 |
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 November 30, 2020, 100% of the market value of the fund's investments and derivatives was determined based on Level 1 inputs.