BALANCED PORTFOLIO

Fund Profile

Fund profile

Fund manager

Vanguard Variable Insurance Funds

Total assets

$3.54 bn

Liabilities

$8.45 mm

Net assets

$3.54 bn

Number of holdings

1.44 k

Top 200 of 1438 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
MSFT Microsoft Corporation	165.63 mm	392.96 k shares	4.69	Common equity	Long	USA
NVDA NVIDIA Corporation	161.29 mm	1.20 mm shares	4.56	Common equity	Long	USA
AAPL Apple Inc.	152.16 mm	607.63 k shares	4.30	Common equity	Long	USA
GOOG Alphabet Inc.	126.77 mm	669.69 k shares	3.59	Common equity	Long	USA
AMZN Amazon.com, Inc.	125.76 mm	573.24 k shares	3.56	Common equity	Long	USA
WFC Wells Fargo & Company	71.59 mm	1.02 mm shares	2.03	Common equity	Long	USA
Broadcom Pte. Ltd.	70.50 mm	304.11 k shares	1.99	Common equity	Long	USA
JPM JPMorgan Chase & Co.	57.29 mm	239.01 k shares	1.62	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	52.85 mm	104.48 k shares	1.50	Common equity	Long	USA
META Meta Platforms, Inc.	49.61 mm	84.72 k shares	1.40	Common equity	Long	USA
NOW ServiceNow, Inc.	37.70 mm	35.56 k shares	1.07	Common equity	Long	USA
SPGI S&P Global Inc.	37.43 mm	75.15 k shares	1.06	Common equity	Long	USA
CRM Salesforce, Inc.	37.14 mm	111.08 k shares	1.05	Common equity	Long	USA
LLY Eli Lilly and Company	36.00 mm	46.63 k shares	1.02	Common equity	Long	USA
XOM Exxon Mobil Corporation	35.70 mm	331.84 k shares	1.01	Common equity	Long	USA
AXP American Express Company	35.00 mm	117.93 k shares	0.99	Common equity	Long	USA
KKR KKR & Co. Inc.	34.19 mm	231.14 k shares	0.97	Common equity	Long	USA
DUK Duke Energy Corporation	31.14 mm	289.02 k shares	0.88	Common equity	Long	USA
RBS TRIPARTY TREASUR	31.00 mm	31.00 mm principal	0.88	Repurchase agreement	Long	USA
MCD McDonald's Corporation	30.58 mm	105.48 k shares	0.86	Common equity	Long	USA
NDAQ Nasdaq, Inc.	30.54 mm	395.01 k shares	0.86	Common equity	Long	USA
INTU Intuit Inc.	29.86 mm	47.51 k shares	0.84	Common equity	Long	USA
MRK Merck & Co., Inc.	29.72 mm	298.72 k shares	0.84	Common equity	Long	USA
NFLX Netflix, Inc.	29.32 mm	32.90 k shares	0.83	Common equity	Long	USA
UNILEVER PLC	28.82 mm	507.19 k shares	0.82	Common equity	Long	UK
RSG Republic Services, Inc.	28.75 mm	142.90 k shares	0.81	Common equity	Long	USA
PH Parker-Hannifin Corporation	28.13 mm	44.23 k shares	0.80	Common equity	Long	USA
PGR The Progressive Corporation	26.89 mm	112.22 k shares	0.76	Common equity	Long	USA
TSLA Tesla, Inc.	26.82 mm	66.40 k shares	0.76	Common equity	Long	USA
TJX The TJX Companies, Inc.	26.45 mm	218.92 k shares	0.75	Common equity	Long	USA
TXN Texas Instruments Incorporated	26.16 mm	139.50 k shares	0.74	Common equity	Long	USA
TMUS T-Mobile US, Inc.	25.92 mm	117.45 k shares	0.73	Common equity	Long	USA
ASTRAZENECA-ADR	23.15 mm	353.33 k shares	0.65	Common equity	Long	USA
HD The Home Depot, Inc.	23.06 mm	59.29 k shares	0.65	Common equity	Long	USA
UBER Uber Technologies, Inc.	22.88 mm	379.36 k shares	0.65	Common equity	Long	USA
ORLY O'Reilly Automotive, Inc.	22.73 mm	19.17 k shares	0.64	Common equity	Long	USA
CCI Crown Castle Inc.	22.02 mm	242.61 k shares	0.62	Common equity	Long	USA
WELL Welltower Inc.	21.80 mm	173.01 k shares	0.62	Common equity	Long	USA
BA The Boeing Company	21.36 mm	120.68 k shares	0.60	Common equity	Long	USA
HCA HCA Healthcare, Inc.	19.96 mm	66.50 k shares	0.56	Common equity	Long	USA
WMB The Williams Companies, Inc.	19.68 mm	363.70 k shares	0.56	Common equity	Long	USA
DE Deere & Company	19.43 mm	45.86 k shares	0.55	Common equity	Long	USA
GILD Gilead Sciences, Inc.	19.20 mm	207.87 k shares	0.54	Common equity	Long	USA
PERNOD RICARD SA	17.22 mm	152.41 k shares	0.49	Common equity	Long	France
SRE Sempra	17.04 mm	194.27 k shares	0.48	Common equity	Long	USA
GLW Corning Incorporated	17.04 mm	358.57 k shares	0.48	Common equity	Long	USA
NGLS TRI Resources Inc.	17.00 mm	95.22 k shares	0.48	Common equity	Long	USA
GLENCORE PLC	16.43 mm	3.73 mm shares	0.46	Common equity	Long	UK
AJG Arthur J. Gallagher & Co.	15.65 mm	55.12 k shares	0.44	Common equity	Long	USA
NOVARTIS AG-REG	15.38 mm	158.00 k shares	0.44	Common equity	Long	Switzerland
EQT EQT Corporation	15.22 mm	330.12 k shares	0.43	Common equity	Long	USA
JBL Jabil Inc.	14.82 mm	103.00 k shares	0.42	Common equity	Long	USA
PG The Procter & Gamble Company	14.64 mm	87.35 k shares	0.41	Common equity	Long	USA
EXC Exelon Corporation	14.62 mm	388.32 k shares	0.41	Common equity	Long	USA
MPC Marathon Petroleum Corporation	14.49 mm	103.87 k shares	0.41	Common equity	Long	USA
US TREASURY N/B	14.47 mm	14.50 mm principal	0.41	Debt	Long	USA
Johnson Controls Inc	14.47 mm	183.30 k shares	0.41	Common equity	Long	USA
SBUX Starbucks Corporation	14.32 mm	156.90 k shares	0.40	Common equity	Long	USA
MAR Marriott International, Inc.	13.74 mm	49.24 k shares	0.39	Common equity	Long	USA
TSCO Tractor Supply Company	12.80 mm	241.19 k shares	0.36	Common equity	Long	USA
KLAC KLA Corporation	12.61 mm	20.01 k shares	0.36	Common equity	Long	USA
MS Morgan Stanley	12.04 mm	95.75 k shares	0.34	Common equity	Long	USA
US TREASURY N/B	11.97 mm	12.10 mm principal	0.34	Debt	Long	USA
DHR Danaher Corporation	11.32 mm	49.32 k shares	0.32	Common equity	Long	USA
APH Amphenol Corporation	11.19 mm	161.10 k shares	0.32	Common equity	Long	USA
NXPI NXP Semiconductors N.V.	11.11 mm	53.46 k shares	0.31	Common equity	Long	USA
PCAR PACCAR Inc	11.06 mm	106.32 k shares	0.31	Common equity	Long	USA
HALEON PLC	10.43 mm	2.21 mm shares	0.30	Common equity	Long	UK
DAIICHI SANKYO	10.40 mm	380.01 k shares	0.29	Common equity	Long	Japan
US TREASURY N/B	10.38 mm	10.48 mm principal	0.29	Debt	Long	USA
US TREASURY N/B	10.27 mm	10.67 mm principal	0.29	Debt	Long	USA
US TREASURY N/B	10.20 mm	10.20 mm principal	0.29	Debt	Long	USA
US TREASURY N/B	9.61 mm	9.68 mm principal	0.27	Debt	Long	USA
US TREASURY N/B	9.48 mm	9.51 mm principal	0.27	Debt	Long	USA
ANGLO AMER PLC	9.38 mm	317.23 k shares	0.27	Common equity	Long	UK
LNG Cheniere Energy, Inc.	8.99 mm	41.83 k shares	0.25	Common equity	Long	USA
US TREASURY N/B	8.92 mm	8.83 mm principal	0.25	Debt	Long	USA
US TREASURY N/B	8.81 mm	8.95 mm principal	0.25	Debt	Long	USA
US TREASURY N/B	8.52 mm	8.56 mm principal	0.24	Debt	Long	USA
US TREASURY N/B	8.34 mm	8.32 mm principal	0.24	Debt	Long	USA
US TREASURY N/B	8.23 mm	8.19 mm principal	0.23	Debt	Long	USA
US TREASURY N/B	8.23 mm	8.25 mm principal	0.23	Debt	Long	USA
BAC Bank of America Corporation	7.92 mm	180.17 k shares	0.22	Common equity	Long	USA
US TREASURY N/B	7.25 mm	7.21 mm principal	0.21	Debt	Long	USA
US TREASURY N/B	6.77 mm	6.76 mm principal	0.19	Debt	Long	USA
US TREASURY N/B	6.33 mm	6.63 mm principal	0.18	Debt	Long	USA
US TREASURY N/B	6.27 mm	9.34 mm principal	0.18	Debt	Long	USA
JPMORGAN CHASE	6.21 mm	6.10 mm principal	0.18	Debt	Long	USA
US TREASURY N/B	6.15 mm	6.34 mm principal	0.17	Debt	Long	USA
US TREASURY N/B	6.14 mm	6.16 mm principal	0.17	Debt	Long	USA
IL ST TXB-PENSION	5.69 mm	5.77 mm principal	0.16	Debt	Long	USA
US TREASURY N/B	5.56 mm	6.74 mm principal	0.16	Debt	Long	USA
US TREASURY N/B	5.53 mm	5.53 mm principal	0.16	Debt	Long	USA
WELLS FARGO CO	5.48 mm	5.68 mm principal	0.16	Debt	Long	USA
MELI MercadoLibre, Inc.	5.46 mm	3.21 k shares	0.15	Common equity	Long	USA
US TREASURY N/B	5.37 mm	5.35 mm principal	0.15	Debt	Long	USA
US TREASURY N/B	5.28 mm	5.35 mm principal	0.15	Debt	Long	USA
US TREASURY N/B	5.12 mm	5.17 mm principal	0.14	Debt	Long	USA
US TREASURY N/B	5.06 mm	5.05 mm principal	0.14	Debt	Long	USA
JPMORGAN CHASE	5.05 mm	6.48 mm principal	0.14	Debt	Long	USA
US TREASURY N/B	4.85 mm	5.00 mm principal	0.14	Debt	Long	USA
US TREASURY N/B	4.66 mm	4.61 mm principal	0.13	Debt	Long	USA
BANK OF AMER CRP	4.65 mm	4.78 mm principal	0.13	Debt	Long	USA
US TREASURY N/B	4.60 mm	4.62 mm principal	0.13	Debt	Long	USA
US TREASURY N/B	4.48 mm	4.54 mm principal	0.13	Debt	Long	USA
US TREASURY N/B	4.44 mm	4.50 mm principal	0.13	Debt	Long	USA
IBM International Business Machines Corporation	4.42 mm	4.50 mm principal	0.13	Debt	Long	USA
US TREASURY N/B	4.11 mm	4.09 mm principal	0.12	Debt	Long	USA
US TREASURY N/B	4.04 mm	4.13 mm principal	0.11	Debt	Long	USA
US TREASURY N/B	4.01 mm	4.00 mm principal	0.11	Debt	Long	USA
BANK OF AMER CRP	3.97 mm	4.18 mm principal	0.11	Debt	Long	USA
JPMORGAN CHASE	3.94 mm	3.95 mm principal	0.11	Debt	Long	USA
SRE Sempra	3.94 mm	4.10 mm principal	0.11	Debt	Long	USA
MORGAN STANLEY	3.88 mm	4.02 mm principal	0.11	Debt	Long	USA
US TREASURY N/B	3.58 mm	3.60 mm principal	0.10	Debt	Long	USA
Intercontinental Exchange, Inc.	3.49 mm	3.55 mm principal	0.10	Debt	Long	USA
US TREASURY N/B	3.48 mm	3.96 mm principal	0.10	Debt	Long	USA
FOUNDRY JV HOLDC	3.47 mm	3.45 mm principal	0.10	Debt	Long	USA
PM Philip Morris International Inc.	3.44 mm	3.44 mm principal	0.10	Debt	Long	USA
US TREASURY N/B	3.39 mm	3.47 mm principal	0.10	Debt	Long	USA
US TREASURY N/B	3.34 mm	3.50 mm principal	0.09	Debt	Long	USA
US TREASURY N/B	3.32 mm	3.63 mm principal	0.09	Debt	Long	USA
US TREASURY N/B	3.31 mm	3.30 mm principal	0.09	Debt	Long	USA
CMCSA Comcast Corporation	3.21 mm	5.52 mm principal	0.09	Debt	Long	USA
US TREASURY N/B	3.17 mm	3.20 mm principal	0.09	Debt	Long	USA
MORGAN STANLEY	3.07 mm	3.00 mm principal	0.09	Debt	Long	USA
US TREASURY N/B	3.00 mm	3.02 mm principal	0.08	Debt	Long	USA
ASTELLAS PHARMA	2.98 mm	307.00 k shares	0.08	Common equity	Long	Japan
WELLS FARGO BANK	2.95 mm	2.92 mm principal	0.08	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	2.95 mm	3.07 mm principal	0.08	Debt	Long	USA
US TREASURY N/B	2.91 mm	2.89 mm principal	0.08	Debt	Long	USA
US TREASURY N/B	2.87 mm	3.19 mm principal	0.08	Debt	Long	USA
SHELL FINANCE US	2.81 mm	3.37 mm principal	0.08	Debt	Long	USA
MORGAN STANLEY	2.80 mm	2.89 mm principal	0.08	Debt	Long	USA
PM Philip Morris International Inc.	2.75 mm	2.74 mm principal	0.08	Debt	Long	USA
BANK OF AMER CRP	2.75 mm	2.68 mm principal	0.08	Debt	Long	USA
BP CAP MKTS AMER	2.75 mm	3.21 mm principal	0.08	Debt	Long	USA
IBM International Business Machines Corporation	2.69 mm	2.84 mm principal	0.08	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	2.67 mm	3.13 mm principal	0.08	Debt	Long	USA
G2SF 5 1/25	2.66 mm	2.74 mm principal	0.08	ABS-mortgage backed security	Long	USA
US TREASURY N/B	2.62 mm	2.60 mm principal	0.07	Debt	Long	USA
ROYALTY PHARM	2.61 mm	2.68 mm principal	0.07	Debt	Long	UK
GS The Goldman Sachs Group, Inc.	2.56 mm	2.63 mm principal	0.07	Debt	Long	USA
ING GROEP NV	2.45 mm	2.50 mm principal	0.07	Debt	Long	Netherlands
WFLF 2023-2A A	2.43 mm	2.38 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	USA
JPMORGAN CHASE	2.39 mm	2.53 mm principal	0.07	Debt	Long	USA
D Dominion Energy, Inc.	2.24 mm	2.61 mm principal	0.06	Debt	Long	USA
COF Capital One Financial Corporation	2.24 mm	2.20 mm principal	0.06	Debt	Long	USA
US TREASURY N/B	2.24 mm	2.27 mm principal	0.06	Debt	Long	USA
SOUTHERN CAL ED	2.23 mm	2.25 mm principal	0.06	Debt	Long	USA
WFC Wells Fargo & Company	2.22 mm	2.32 mm principal	0.06	Debt	Long	USA
ASTRAZENECA PLC	2.21 mm	2.27 mm principal	0.06	Debt	Long	UK
NEW YORK LIFE	2.17 mm	2.10 mm principal	0.06	Debt	Long	USA
NORTHERN ST PR-M	2.16 mm	2.00 mm principal	0.06	Debt	Long	USA
AMZN Amazon.com, Inc.	2.13 mm	2.30 mm principal	0.06	Debt	Long	USA
MEAG TXB-PLT VOGTLE	2.11 mm	1.98 mm principal	0.06	Debt	Long	USA
CANADA T-BILL	2.11 mm	3.03 mm principal	0.06	Debt	Long	Canada
CANADA T-BILL	2.11 mm	3.03 mm principal	0.06	Debt	Long	Canada
MANUF & TRADERS	2.10 mm	2.13 mm principal	0.06	Debt	Long	USA
HD The Home Depot, Inc.	2.10 mm	2.19 mm principal	0.06	Debt	Long	USA
AMERICAN TOWER T	2.09 mm	2.07 mm principal	0.06	Debt	Long	USA
CON EDISON CO	2.09 mm	2.49 mm principal	0.06	Debt	Long	USA
MSFT Microsoft Corporation	2.08 mm	3.15 mm principal	0.06	Debt	Long	USA
BLK BlackRock, Inc.	2.08 mm	2.13 mm principal	0.06	Debt	Long	USA
ONCOR ELECTRIC D	2.08 mm	2.03 mm principal	0.06	Debt	Long	USA
USRE 2021-1 A1	2.07 mm	2.25 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
WELLS FARGO CO	2.07 mm	2.35 mm principal	0.06	Debt	Long	USA
CAISS DESJARDINS	2.06 mm	2.06 mm principal	0.06	Debt	Long	Canada
PFE Pfizer Inc.	2.06 mm	2.17 mm principal	0.06	Debt	Long	USA
JPMORGAN CHASE	2.06 mm	2.10 mm principal	0.06	Debt	Long	USA
GEORGIA POWER	2.05 mm	2.41 mm principal	0.06	Debt	Long	USA
PHILADELPHIA INDL-C	2.05 mm	1.95 mm principal	0.06	Debt	Long	USA
MSFT Microsoft Corporation	2.05 mm	3.34 mm principal	0.06	Debt	Long	USA
PM Philip Morris International Inc.	2.05 mm	2.07 mm principal	0.06	Debt	Long	USA
KS ST DEV EMPLOYEES-C	2.04 mm	2.00 mm principal	0.06	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	2.03 mm	2.43 mm principal	0.06	Debt	Long	USA
AXP American Express Company	2.02 mm	2.05 mm principal	0.06	Debt	Long	USA
PCG+A Pacific Gas & Electric Co.	2.01 mm	2.33 mm principal	0.06	Debt	Long	USA
ANHEUSER-BUSCH	1.99 mm	2.14 mm principal	0.06	Debt	Long	USA
RSG Republic Services, Inc.	1.98 mm	2.00 mm principal	0.06	Debt	Long	USA
FR SC0445	1.98 mm	2.01 mm principal	0.06	ABS-mortgage backed security	Long	USA
UBS GROUP	1.98 mm	1.95 mm principal	0.06	Debt	Long	Switzerland
BNP PARIBAS	1.96 mm	2.05 mm principal	0.06	Debt	Long	France
COREBRIDGE GF	1.96 mm	1.95 mm principal	0.06	Debt	Long	USA
JPMORGAN CHASE	1.96 mm	2.00 mm principal	0.06	Debt	Long	USA
GOLDMAN SACHS GP	1.96 mm	2.00 mm principal	0.06	Debt	Long	USA
COM BK AUSTRALIA	1.94 mm	2.29 mm principal	0.05	Debt	Long	Australia
GS The Goldman Sachs Group, Inc.	1.94 mm	1.80 mm principal	0.05	Debt	Long	USA
ANHEUSER-BUSCH	1.93 mm	2.04 mm principal	0.05	Debt	Long	USA
VICI PROPERTIE	1.92 mm	1.95 mm principal	0.05	Debt	Long	USA
BMY Bristol-Myers Squibb Company	1.92 mm	2.00 mm principal	0.05	Debt	Long	USA
DIAGEO CAP PLC	1.89 mm	2.11 mm principal	0.05	Debt	Long	UK
NGLS TRI Resources Inc.	1.88 mm	1.82 mm principal	0.05	Debt	Long	USA
Intercontinental Exchange, Inc.	1.87 mm	2.09 mm principal	0.05	Debt	Long	USA
NBK SPC LTD	1.86 mm	1.98 mm principal	0.05	Debt	Long	United Arab Emirates
NBN CO LTD	1.83 mm	2.18 mm principal	0.05	Debt	Long	Australia
ASHTEAD CAPITAL	1.83 mm	1.83 mm principal	0.05	Debt	Long	USA
US TREASURY N/B	1.82 mm	2.01 mm principal	0.05	Debt	Long	USA
NATL AUSTRALIABK	1.82 mm	2.14 mm principal	0.05	Debt	Long	Australia
ABU DHABI DEVELO	1.82 mm	1.80 mm principal	0.05	Debt	Long	United Arab Emirates