Style
CoreTurnover
—Orientation
—Vanguard Portfolio Management employs a broadly diversified, market-cap-weighted index-driven approach, reflecting a philosophy of low-cost, passive exposure across global markets. The portfolio holds over 3,000 positions with a $1.9 trillion AUM, yet its top 15 holdings concentrate 26.8% of assets, led by NVIDIA at 4.7%, Apple at 4.5%, and Microsoft at 3.3%. Sector allocation is dominated by Technology at 28.1%, followed by Financial Services at 10.8% and Industrials at 10.3%, indicating a natural tilt toward large-cap growth and innovation-driven sectors. This positioning reveals high conviction in mega-cap tech leaders as core portfolio drivers, while the broad diversification across sectors and holdings underscores a strategy of capturing total market returns with minimal active risk.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corporation(NVDA) | 517,816,949 | $103.6B | 4.67% |
| 2 | Apple Inc(AAPL) | 334,119,156 | $96.7B | 4.36% |
| 3 | Microsoft Corp(MSFT) | 168,407,641 | $62.8B | 2.83% |
| 4 | Broadcom Inc(AVGO) | 127,001,513 | $48.0B | 2.16% |
Latest filing, equity positions only
Quarter-over-quarter position changes
| 5 |
| Alphabet Inc(GOOGL) |
| 98,896,291 |
| $35.3B |
| 1.59% |
| 6 | Amazon COM Inc(AMZN) | 121,626,899 | $29.0B | 1.31% |
| 7 | Micron Technology Inc(MU) | 24,662,080 | $28.5B | 1.28% |
| 8 | Alphabet Inc(GOOG) | 78,666,550 | $27.8B | 1.25% |
| 9 | ELI Lilly & Co(LLY) | 20,859,217 | $25.0B | 1.13% |
| 10 | Advanced Micro Devices Inc(AMD) | 37,929,920 | $22.0B | 0.99% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 28.33% | 32.24% | +3.91% |
| Energy | 4.99% | 3.84% | -1.15% |
| Consumer Defensive | 4.97% | 4.32% | -0.65% |
| Consumer Cyclical | 8.18% | 7.63% | -0.55% |
| Utilities | 3.74% | 3.34% | -0.4% |
| Communication Services | 6.32% | 5.94% | -0.38% |
| Financial Services | 11.71% | 11.33% | -0.38% |
| Unclassified | 3.02% | 3.38% | +0.36% |
| Healthcare | 9.79% | 9.45% | -0.34% |
| Basic Materials | 2.36% | 2.1% | -0.26% |
| Real Estate | 6.16% | 5.92% | -0.24% |
| Industrials | 10.42% | 10.52% | +0.1% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Large Cap | 47.73% | 46.05% | -1.68% |
| Mega Cap | 37.76% | 38.82% | +1.06% |
| Mid Cap | 10.11% | 10.23% | +0.12% |
| Unclassified | 3.02% | 3.38% | +0.36% |
| Small Cap | 1.35% | 1.49% | +0.14% |
| Micro Cap | 0.03% | 0.04% | +0.01% |