Vanguard Group Portfolio holdings
Vanguard Group is an investment manager owned by the funds it manages, and so by its own customers. John Bogle founded it in 1975 and is credited with creating the first index fund available to individual investors. After Wellington Management fired Bogle in 1974, he started a new fund division there and named it Vanguard after HMS Vanguard, Horatio Nelson's flagship. Bogle set up its first index fund in 1976, the fund that became the Vanguard 500 Index Fund, and the firm added a bond index fund in 1986. It began offering ETFs in 2001 as exchange-traded shares of its index funds, and it also serves employers' retirement plans and independent financial advisers. Salim Ramji, who came from BlackRock, was named chief executive in 2024 as the first outsider to lead the firm.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$8.03B |
| 2 |
Microsoft
MSFT
|
+$8B |
| 3 |
Apple
AAPL
|
+$7.21B |
| 4 |
TotalEnergies
TTE
|
+$5.18B |
| 5 |
Meta Platforms (Facebook)
META
|
+$4.85B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kellanova
K
|
+$2.74B |
| 2 |
DuPont de Nemours
DD
|
+$2.65B |
| 3 |
Mr. Cooper
COOP
|
+$1.41B |
| 4 |
Interpublic Group of Companies
IPG
|
+$1.24B |
| 5 |
Amazon
AMZN
|
+$1.13B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 9.9% |
| 4 | Healthcare | 9.82% |
| 5 | Communication Services | 9.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
901
Murphy USA
MUSA
$9.4B
| $646M | 0.01% |
1,601,401
-65,791
| -4% | -$25.2M |
2013 Q3
49 quarters
|
|
902
Viper Energy
VNOM
$7.74B
| $644M | 0.01% |
16,677,259
-229,587
| -1% | -$8.69M |
2019 Q4
24 quarters
|
|
903
Casella Waste Systems
CWST
$5.92B
| $644M | 0.01% |
6,574,893
+581,310
| +10% | +$54M |
2013 Q2
50 quarters
|
|
904
Cousins Properties
CUZ
$4.87B
| $644M | 0.01% |
24,962,763
-163,372
| -0.7% | -$4.25M |
2013 Q2
50 quarters
|
|
905
Opendoor
OPEN
$1.22B
| $643M | 0.01% |
110,258,796
+39,796,935
| +56% | +$285M |
2021 Q1
19 quarters
|
|
906
Antero Midstream
AM
$9.34B
| $642M | 0.01% |
36,075,910
-1,137,274
| -3% | -$20.5M |
2017 Q4
32 quarters
|
|
907
ACI Worldwide
ACIW
$6.16B
| $641M | 0.01% |
13,407,325
-233,525
| -2% | -$11.3M |
2013 Q2
50 quarters
|
|
908
Middleby
MIDD
$6.25B
| $640M | 0.01% |
4,302,674
-111,282
| -3% | -$14.6M |
2013 Q2
50 quarters
|
|
909
FirstCash
FCFS
$7.87B
| $638M | 0.01% |
4,006,080
-90,876
| -2% | -$14.3M |
2013 Q2
50 quarters
|
|
910
Duolingo
DUOL
$7.39B
| $636M | 0.01% |
3,621,788
-23,573
| -0.6% | -$5.55M |
2021 Q3
17 quarters
|
|
911
Paylocity
PCTY
$9.3B
| $635M | 0.01% |
4,161,169
-56,613
| -1% | -$8.42M |
2014 Q2
46 quarters
|
|
912
EnerSys
ENS
$5.46B
| $633M | 0.01% |
4,311,901
-187,564
| -4% | -$25M |
2013 Q2
50 quarters
|
|
913
Millrose Properties Inc
MRP
$4.34B
| $631M | 0.01% |
21,117,152
+2,960,066
| +16% | +$92.8M |
2025 Q1
3 quarters
|
|
914
Chemed
CHE
$7.06B
| $630M | 0.01% |
1,472,254
-66,233
| -4% | -$28.8M |
2013 Q2
50 quarters
|
|
915
Element Solutions
ESI
$7.95B
| $628M | 0.01% |
25,145,035
-268,166
| -1% | -$6.96M |
2014 Q1
47 quarters
|
|
916
Bentley Systems
BSY
$13.7B
| $628M | 0.01% |
16,446,317
-2,161,340
| -12% | -$98.5M |
2020 Q3
21 quarters
|
|
917
Dropbox
DBX
$7.05B
| $627M | 0.01% |
22,562,154
-1,571,456
| -7% | -$45.8M |
2018 Q1
31 quarters
|
|
918
Fluor
FLR
$6.47B
| $627M | 0.01% |
15,822,717
-194,668
| -1% | -$8.61M |
2013 Q2
50 quarters
|
|
919
Matador Resources
MTDR
$6.23B
| $626M | 0.01% |
14,761,769
-19,119
| -0.1% | -$803K |
2013 Q2
50 quarters
|
|
920
First American
FAF
$6.91B
| $626M | 0.01% |
10,187,929
-81,409
| -0.8% | -$5.11M |
2013 Q2
50 quarters
|
|
921
Eagle Materials
EXP
$5.71B
| $626M | 0.01% |
3,027,321
-81,086
| -3% | -$17.9M |
2013 Q2
50 quarters
|
|
922
Portland General Electric
POR
$5.47B
| $625M | 0.01% |
13,020,573
+513,517
| +4% | +$24.3M |
2013 Q2
50 quarters
|
|
923
Black Hills Corp
BKH
$6.66B
| $623M | 0.01% |
8,974,122
-16,719
| -0.2% | -$1.13M |
2013 Q2
50 quarters
|
|
924
Vontier
VNT
$5.73B
| $623M | 0.01% |
16,752,845
-144,149
| -0.9% | -$5.52M |
2020 Q4
20 quarters
|
|
925
Ollie's Bargain Outlet
OLLI
$5.66B
| $622M | 0.01% |
5,675,860
-78,307
| -1% | -$9.44M |
2015 Q3
41 quarters
|
|
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Vanguard Group's Q4 2025 Portfolio in Review
As of Q4 2025, Vanguard Group held 4,426 positions worth $6.9T, up 3.3% from $6.68T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Trading was light in Q4 2025: portfolio turnover was 4.1%. Vanguard Group opened 82 new positions and exited 98, leaving the 4,426-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, down from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
- Vanguard Group's largest Q4 2025 buy was TotalEnergies: 81,863,403 shares worth $5.34B.
- Vanguard Group added most to NVIDIA in Q4 2025, an estimated $8.03B increase.
- Vanguard Group's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $2.65B.
- Vanguard Group fully exited Kellanova in Q4 2025, selling an estimated $2.74B.
- Vanguard Group's ten largest holdings make up 31% of its $6.9T portfolio in Q4 2025.
- Vanguard Group opened 82 new positions and closed 98 in Q4 2025.
- Vanguard Group's portfolio value rose 3.3% quarter-over-quarter to $6.9T.
Based on Vanguard Group's 13F filing for Q4 2025, filed 29 Jan 2026.