CAPITAL GROWTH PORTFOLIO

Fund Profile

Fund profile

Fund manager

Vanguard Variable Insurance Funds

Total assets

$1.95 bn

Liabilities

$1.25 mm

Net assets

$1.95 bn

Number of holdings

111.00

111 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
LLY Eli Lilly and Company	209.88 mm	271.87 k shares	10.77	Common equity	Long	USA
Vanguard Market Liquidity Fund	76.82 mm	76.82 mm shares	3.94	Short-term investment vehicle	Long	USA
MSFT Microsoft Corporation	65.42 mm	155.20 k shares	3.36	Common equity	Long	USA
FDX FedEx Corporation	61.98 mm	220.30 k shares	3.18	Common equity	Long	USA
AMGN Amgen Inc.	60.15 mm	230.77 k shares	3.09	Common equity	Long	USA
BSX Boston Scientific Corporation	59.46 mm	665.70 k shares	3.05	Common equity	Long	USA
TSLA Tesla, Inc.	54.44 mm	134.80 k shares	2.79	Common equity	Long	USA
KLAC KLA Corporation	53.37 mm	84.70 k shares	2.74	Common equity	Long	USA
GOOG Alphabet Inc.	51.04 mm	269.65 k shares	2.62	Common equity	Long	USA
TXN Texas Instruments Incorporated	50.97 mm	271.80 k shares	2.62	Common equity	Long	USA
MU Micron Technology, Inc.	50.29 mm	597.50 k shares	2.58	Common equity	Long	USA
NVDA NVIDIA Corporation	49.84 mm	371.10 k shares	2.56	Common equity	Long	USA
ADBE Adobe Inc.	47.58 mm	107.00 k shares	2.44	Common equity	Long	USA
ASTRAZENECA-ADR	43.68 mm	666.60 k shares	2.24	Common equity	Long	USA
SIEMENS AG-REG	39.42 mm	202.14 k shares	2.02	Common equity	Long	Germany
ORCL Oracle Corporation	36.53 mm	219.20 k shares	1.88	Common equity	Long	USA
WFC Wells Fargo & Company	35.51 mm	505.50 k shares	1.82	Common equity	Long	USA
BIIB Biogen Inc.	35.33 mm	231.05 k shares	1.81	Common equity	Long	USA
SONY GROUP-ADR	34.11 mm	1.61 mm shares	1.75	Common equity	Long	USA
United Airlines Holdings, Inc.	30.09 mm	309.90 k shares	1.54	Common equity	Long	USA
GOOG Alphabet Inc.	29.80 mm	156.50 k shares	1.53	Common equity	Long	USA
ROST Ross Stores, Inc.	29.75 mm	196.70 k shares	1.53	Common equity	Long	USA
ALIBABA GRP-ADR	25.59 mm	301.80 k shares	1.31	Common equity	Long	USA
NTAP NetApp, Inc.	24.12 mm	207.80 k shares	1.24	Common equity	Long	USA
TJX The TJX Companies, Inc.	23.26 mm	192.50 k shares	1.19	Common equity	Long	USA
INTC Intel Corporation	23.12 mm	1.15 mm shares	1.19	Common equity	Long	USA
LUV Southwest Airlines Co.	21.74 mm	646.65 k shares	1.12	Common equity	Long	USA
AMZN Amazon.com, Inc.	21.57 mm	98.30 k shares	1.11	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	21.54 mm	41.40 k shares	1.11	Common equity	Long	USA
JPM JPMorgan Chase & Co.	20.64 mm	86.10 k shares	1.06	Common equity	Long	USA
NOVARTIS AG-ADR	19.57 mm	201.15 k shares	1.00	Common equity	Long	USA
V Visa Inc.	18.65 mm	59.00 k shares	0.96	Common equity	Long	USA
BMY Bristol-Myers Squibb Company	18.15 mm	320.90 k shares	0.93	Common equity	Long	USA
INTU Intuit Inc.	17.98 mm	28.60 k shares	0.92	Common equity	Long	USA
DAL Delta Air Lines, Inc.	17.64 mm	291.60 k shares	0.91	Common equity	Long	USA
HES Hess Corporation	16.55 mm	124.40 k shares	0.85	Common equity	Long	USA
MMC Marsh & McLennan Companies, Inc.	15.70 mm	73.90 k shares	0.81	Common equity	Long	USA
GSK PLC-ADR	14.99 mm	443.30 k shares	0.77	Common equity	Long	USA
RJF Raymond James Financial, Inc.	14.97 mm	96.35 k shares	0.77	Common equity	Long	USA
Baidu, Inc.	14.94 mm	177.20 k shares	0.77	Common equity	Long	USA
AIRBUS SE	14.84 mm	92.65 k shares	0.76	Common equity	Long	France
ADI Analog Devices, Inc.	13.94 mm	65.60 k shares	0.72	Common equity	Long	USA
American Airlines Group, Inc.	13.10 mm	751.50 k shares	0.67	Common equity	Long	USA
CAT Caterpillar Inc.	12.41 mm	34.20 k shares	0.64	Common equity	Long	USA
Walt Disney Co	12.39 mm	111.30 k shares	0.64	Common equity	Long	USA
HPQ HP Inc.	11.82 mm	362.35 k shares	0.61	Common equity	Long	USA
AAPL Apple Inc.	11.64 mm	46.50 k shares	0.60	Common equity	Long	USA
RCL Royal Caribbean Cruises Ltd.	11.03 mm	47.80 k shares	0.57	Common equity	Long	USA
BMRN BioMarin Pharmaceutical Inc.	10.97 mm	166.90 k shares	0.56	Common equity	Long	USA
MAT Mattel, Inc.	10.91 mm	615.20 k shares	0.56	Common equity	Long	USA
QCOM QUALCOMM Incorporated	10.86 mm	70.70 k shares	0.56	Common equity	Long	USA
XOM Exxon Mobil Corporation	10.35 mm	96.20 k shares	0.53	Common equity	Long	USA
HPE Hewlett Packard Enterprise Company	9.97 mm	466.95 k shares	0.51	Common equity	Long	USA
UNP Union Pacific Corporation	9.55 mm	41.90 k shares	0.49	Common equity	Long	USA
TDG TransDigm Group Incorporated	9.44 mm	7.45 k shares	0.48	Common equity	Long	USA
BAC Bank of America Corporation	9.33 mm	212.20 k shares	0.48	Common equity	Long	USA
ERICSSON LM-ADR	8.75 mm	1.09 mm shares	0.45	Common equity	Long	USA
ROCHE HLDG-GENUS	8.33 mm	29.79 k shares	0.43	Common equity	Long	Switzerland
WHR Whirlpool Corporation	8.12 mm	70.90 k shares	0.42	Common equity	Long	USA
ALK Alaska Air Group, Inc.	7.00 mm	108.10 k shares	0.36	Common equity	Long	USA
CSCO Cisco Systems, Inc.	6.96 mm	117.60 k shares	0.36	Common equity	Long	USA
SYY Sysco Corporation	6.81 mm	89.10 k shares	0.35	Common equity	Long	USA
PYPL PayPal Holdings, Inc.	6.58 mm	77.10 k shares	0.34	Common equity	Long	USA
BEIGENE LTD-ADR	6.28 mm	34.00 k shares	0.32	Common equity	Long	USA
TXT Textron Inc.	5.90 mm	77.10 k shares	0.30	Common equity	Long	USA
UPS United Parcel Service, Inc.	5.76 mm	45.65 k shares	0.30	Common equity	Long	USA
ELAN Elanco Animal Health Incorporated	5.72 mm	472.62 k shares	0.29	Common equity	Long	USA
SCHW The Charles Schwab Corporation	5.56 mm	75.10 k shares	0.29	Common equity	Long	USA
AMAT Applied Materials, Inc.	5.17 mm	31.80 k shares	0.27	Common equity	Long	USA
ENTG Entegris, Inc.	5.08 mm	51.30 k shares	0.26	Common equity	Long	USA
PGR The Progressive Corporation	5.06 mm	21.10 k shares	0.26	Common equity	Long	USA
ZBH Zimmer Biomet Holdings, Inc.	4.81 mm	45.50 k shares	0.25	Common equity	Long	USA
GLW Corning Incorporated	4.57 mm	96.25 k shares	0.23	Common equity	Long	USA
NTRS Northern Trust Corporation	4.55 mm	44.40 k shares	0.23	Common equity	Long	USA
GLENCORE PLC	4.50 mm	1.02 mm shares	0.23	Common equity	Long	UK
ALB Albemarle Corporation	4.24 mm	49.20 k shares	0.22	Common equity	Long	USA
COP ConocoPhillips	4.17 mm	42.00 k shares	0.21	Common equity	Long	USA
EOG EOG Resources, Inc.	4.01 mm	32.70 k shares	0.21	Common equity	Long	USA
FIS Fidelity National Information Services, Inc.	3.96 mm	49.00 k shares	0.20	Common equity	Long	USA
ADSK Autodesk, Inc.	3.72 mm	12.60 k shares	0.19	Common equity	Long	USA
META Meta Platforms, Inc.	3.57 mm	6.10 k shares	0.18	Common equity	Long	USA
BBWI Bath & Body Works, Inc.	3.53 mm	91.10 k shares	0.18	Common equity	Long	USA
MRVL Marvell Technology, Inc.	3.10 mm	28.10 k shares	0.16	Common equity	Long	USA
SYK Stryker Corporation	3.02 mm	8.40 k shares	0.16	Common equity	Long	USA
CARR Carrier Global Corporation	2.96 mm	43.30 k shares	0.15	Common equity	Long	USA
DD DuPont de Nemours, Inc.	2.94 mm	38.57 k shares	0.15	Common equity	Long	USA
FLUT Flutter Entertainment plc	2.87 mm	11.10 k shares	0.15	Common equity	Long	UK
PANW Palo Alto Networks, Inc.	2.84 mm	15.60 k shares	0.15	Common equity	Long	USA
GD General Dynamics Corporation	2.82 mm	10.70 k shares	0.14	Common equity	Long	USA
CVS CVS Health Corporation	2.80 mm	62.40 k shares	0.14	Common equity	Long	USA
A Agilent Technologies, Inc.	2.69 mm	20.00 k shares	0.14	Common equity	Long	USA
Broadcom Pte. Ltd.	2.64 mm	11.40 k shares	0.14	Common equity	Long	USA
LIN Linde plc	2.64 mm	6.30 k shares	0.14	Common equity	Long	USA
DLTR Dollar Tree, Inc.	2.56 mm	34.10 k shares	0.13	Common equity	Long	USA
CSX CSX Corporation	2.51 mm	77.70 k shares	0.13	Common equity	Long	USA
MDT Medtronic plc	2.50 mm	31.30 k shares	0.13	Common equity	Long	USA
FCX Freeport-McMoRan Inc.	2.49 mm	65.50 k shares	0.13	Common equity	Long	USA
MA Mastercard Incorporated	2.47 mm	4.70 k shares	0.13	Common equity	Long	USA
ABT Abbott Laboratories	2.38 mm	21.00 k shares	0.12	Common equity	Long	USA
TER Teradyne, Inc.	2.33 mm	18.50 k shares	0.12	Common equity	Long	USA
C Citigroup Inc.	2.23 mm	31.70 k shares	0.11	Common equity	Long	USA
EBAY eBay Inc.	2.19 mm	35.40 k shares	0.11	Common equity	Long	USA
JBHT J.B. Hunt Transport Services, Inc.	2.06 mm	12.10 k shares	0.11	Common equity	Long	USA
CME CME Group Inc.	1.97 mm	8.50 k shares	0.10	Common equity	Long	USA
OTIS Otis Worldwide Corporation	1.97 mm	21.25 k shares	0.10	Common equity	Long	USA
NSC Norfolk Southern Corporation	1.76 mm	7.50 k shares	0.09	Common equity	Long	USA
CTVA Corteva, Inc.	1.75 mm	30.70 k shares	0.09	Common equity	Long	USA
QSR Restaurant Brands International Inc.	1.30 mm	20.00 k shares	0.07	Common equity	Long	USA
Transocean Ltd.	1.04 mm	278.10 k shares	0.05	Common equity	Long	USA
DOW Dow Inc.	724.99 k	18.07 k shares	0.04	Common equity	Long	USA
Vanguard Market Liquidity Fund	7.86 k	78.63 shares	0.00	Short-term investment vehicle	Long	USA