VANGUARD CAPITAL MANAGEMENT LLC

CIK

2100119

Location

MALVERN, PA

Portfolio Value

Mega $3,844,773,618,650

Diversification

Diversified

Filing Date

Mar 31, 2026

Global Rank

#2 / 8,603 · as of Mar 2026

Top Industry

Semiconductors 12.3%

Period ended 3 months ago

Filed May 15, 2026 · 55d

Clone Performance

May 2026–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+2.1%

SPY

+1.0%

Annualised alpha

—

Max drawdown

−3.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

3,968 positions · as of Mar 31, 2026

Top Position

7.0%

of portfolio value

Top 5

24.2%

of portfolio value

Top 10

33.1%

of portfolio value

HHI

163

Diversified

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.1%	$1,271,437,768,522	589
Financial Services	12.0%	$461,471,584,565	612
Healthcare	10.4%	$401,318,545,637	823
Consumer Cyclical	10.4%	$399,597,171,490	419
Industrials	9.9%	$379,103,174,343	526
Communication Services	7.8%	$301,003,424,334	162
Consumer Defensive	5.2%	$199,334,222,071	169
Energy	3.6%	$137,178,854,580	158
Utilities	2.6%	$101,099,408,081	92
Basic Materials	2.6%	$99,719,334,508	179
Real Estate	2.4%	$91,497,251,660	231
Unclassified	0.1%	$2,012,878,859	8

Portfolio Positions

Compact Export CSV View 13F filing

3,968 positions · $3,844,773,618,650 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 3,968 positions by value · page 1 of 80

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	First	1,538,550,382	—	$268,323,186,620	—	6.98%
AAPL	Apple Inc. Technology	First	953,847,648	—	$242,076,994,585	—	6.30%
MSFT	Microsoft Corp Technology	First	482,558,086	—	$178,628,526,694	—	4.65%
AMZN	Amazon Com Inc Consumer Cyclical	First	631,176,205	—	$131,455,068,215	—	3.42%
GOOGL	Alphabet Inc. Communication Services	First	378,261,579	—	$108,772,899,657	—	2.83%
AVGO	Broadcom Inc. Technology	First	308,015,865	—	$95,333,990,376	—	2.48%
META	Meta Platforms, Inc. Communication Services	First	142,138,157	—	$81,321,503,764	—	2.12%
TSLA	Tesla, Inc. Consumer Cyclical	First	182,850,783	—	$67,974,778,580	—	1.77%
LLY	ELI LILLY & Co Healthcare	First	53,361,774	—	$49,080,558,871	—	1.28%
JPM	Jpmorgan Chase & Co Financial Services	First	165,278,733	—	$48,618,392,099	—	1.26%
JNJ	Johnson & Johnson Healthcare	First	156,605,370	—	$38,280,616,642	—	1.00%
WMT	Walmart Inc. Consumer Defensive	First	284,852,775	—	$35,401,502,877	—	0.92%
V	Visa Inc. Financial Services	First	107,005,168	—	$32,341,241,976	—	0.84%
COST	Costco Wholesale Corp /New Consumer Defensive	First	28,847,448	—	$28,744,462,610	—	0.75%
NFLX	Netflix Inc Communication Services	First	274,400,652	—	$26,383,622,689	—	0.69%
MA	Mastercard Inc Financial Services	First	52,337,454	—	$26,150,932,265	—	0.68%
CVX	Chevron Corp Energy	First	122,484,427	—	$25,342,027,946	—	0.66%
ABBV	AbbVie Inc. Healthcare	First	114,880,324	—	$24,985,321,666	—	0.65%
MU	Micron Technology Inc Technology	First	73,137,283	—	$24,708,699,688	—	0.64%
PG	PROCTER & GAMBLE Co Consumer Defensive	First	151,049,902	—	$21,817,647,844	—	0.57%
AMD	Advanced Micro Devices Inc Technology	First	105,940,266	—	$21,551,428,312	—	0.56%
CAT	Caterpillar Inc Industrials	First	30,234,453	—	$21,419,900,572	—	0.56%
HD	Home Depot, Inc. Consumer Cyclical	First	64,687,996	—	$21,275,235,004	—	0.55%
PLTR	Palantir Technologies Inc. Technology	First	144,837,529	—	$21,186,833,742	—	0.55%
BAC	Bank Of America Corp /De/ Financial Services	First	409,704,665	—	$19,973,102,418	—	0.52%
MRK	Merck & Co., Inc. Healthcare	First	160,987,624	—	$19,365,201,290	—	0.50%
CSCO	Cisco Systems, Inc. Technology	First	243,780,205	—	$18,914,906,105	—	0.49%
GE	General Electric Co Industrials	First	66,432,068	—	$18,851,427,936	—	0.49%
KO	Coca Cola Co Consumer Defensive	First	237,452,767	—	$18,058,282,930	—	0.47%
AMAT	Applied Materials Inc /De Technology	First	51,577,799	—	$17,628,775,920	—	0.46%
LRCX	Lam Research Corp Technology	First	81,155,744	—	$17,339,736,263	—	0.45%
RTX	RTX Corp Industrials	First	87,220,840	—	$16,824,900,036	—	0.44%
PM	Philip Morris International Inc. Consumer Defensive	First	101,156,274	—	$16,725,178,343	—	0.44%
ORCL	Oracle Corp Technology	First	111,115,412	—	$16,346,188,259	—	0.43%
WFC	Wells Fargo & Company/Mn Financial Services	First	200,762,402	—	$15,982,694,823	—	0.42%
UNH	Unitedhealth Group Inc Healthcare	First	58,870,777	—	$15,929,843,548	—	0.41%
GS	Goldman Sachs Group Inc Financial Services	First	18,386,634	—	$15,554,908,497	—	0.40%
GEV	GE Vernova Inc. Industrials	First	17,516,600	—	$15,290,240,140	—	0.40%
LIN	Linde PLC Basic Materials	First	30,233,070	—	$14,988,346,783	—	0.39%
IBM	International Business Machines Corp Technology	First	60,845,605	—	$14,748,366,195	—	0.38%
MCD	Mcdonalds Corp Consumer Cyclical	First	46,216,017	—	$14,363,475,923	—	0.37%
PEP	Pepsico Inc Consumer Defensive	First	88,807,774	—	$13,790,959,224	—	0.36%
T	At&T Inc. Communication Services	First	454,765,528	—	$13,183,652,656	—	0.34%
VZ	Verizon Communications Inc Communication Services	First	260,184,535	—	$13,061,263,657	—	0.34%
MS	Morgan Stanley Financial Services	First	77,715,132	—	$12,789,579,273	—	0.33%
NEE	Nextera Energy Inc Utilities	First	135,383,754	—	$12,574,443,071	—	0.33%
KLAC	Kla Corp Technology	First	8,519,374	—	$12,544,011,471	—	0.33%
INTC	Intel Corp Technology	First	282,011,285	—	$12,445,158,007	—	0.32%
C	Citigroup Inc Financial Services	First	109,658,356	—	$12,436,354,153	—	0.32%
AMGN	Amgen Inc Healthcare	First	35,014,232	—	$12,319,757,529	—	0.32%