13F filer · CIK 2100119 ↗
Vanguard Capital Management
You are looking at Q2 2017. See the latest, Q2 2026 →
Reported value
$2.03T
+4.4% on the quarter before
Positions
4,074
127 new · 122 sold out
Top 10
13.3%
of the value
Est. gain
+$42.03B
on stocks held all quarter
Est. return
+2.2%
on those stocks since Q1 2017
Positions as of Jun 30, 2017, from Vanguard Capital Management's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 23% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2017. Striped tiles are options.
Largest buys
Since Q1 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$1.73BAdded · 1.8% → 1.9%+25,053,413 shares
- Dxc Technology Co~$1.59BAdded · 0.0% → 0.1%+20,704,283 shares
- Exxon Mobil Corp~$836.9MAdded · 1.3% → 1.2%+10,366,636 shares
- Meta~$777.7MAdded · 1.1% → 1.2%+5,151,190 shares
- Amazon~$739.7MAdded · 1.2% → 1.3%+764,115 shares
- Xerox Corp~$636.0MNew · 0.0% → 0.0%+22,138,437 shares
- Alphabet~$615.7MAdded · 0.9% → 0.9%+662,279 shares
- Alphabet~$535.8MAdded · 0.8% → 0.9%+589,654 shares
- Waste Connections Inc~$519.8MAdded · 0.1% → 0.1%+8,068,453 shares
- Berkshire Hathaway Inc Del~$499.4MAdded · 1.0% → 1.0%+2,948,296 shares
Largest sells
Since Q1 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Yahoo Inc~$2.68BSold out · 0.1% → 0.0%−57,826,148 shares
- Mead Johnson Nutrition Co~$1.09BSold out · 0.1% → 0.0%−12,206,341 shares
- Computer Sciences Corp~$1.02BSold out · 0.1% → 0.0%−14,802,123 shares
- Whitewave Foods Co~$818.6MSold out · 0.0% → 0.0%−14,577,975 shares
- Valspar Corp~$691.9MSold out · 0.0% → 0.0%−6,236,744 shares
- Xerox Corp~$637.8MSold out · 0.0% → 0.0%−86,890,476 shares
- B/E Aerospace Inc~$524.7MSold out · 0.0% → 0.0%−8,184,557 shares
- Electronic Arts Inc~$471.2MCut · 0.1% → 0.1%−4,457,422 shares
- Equinix~$417.7MCut · 0.3% → 0.3%−973,192 shares
- Micron~$405.0MCut · 0.1% → 0.1%−13,563,772 shares
Holdings
As of Jun 30, 2017. Changes are in shares against Mar 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −0.5% · price +0.3% | 2.4% | $49.28B | +$123.2M | ||||||||
| MicrosoftCOM · shares +4.6% · price +4.7% | 1.9% | $38.88B | +$1.65B | ||||||||
| Johnson & JohnsonCOM · shares +1.5% · price +6.2% | 1.3% | $26.52B | +$1.53B | ||||||||
| AmazonCOM · shares +2.9% · price +9.2% | 1.3% | $26.00B | +$2.13B | ||||||||
| Exxon Mobil CorpCOM · shares +3.5% · price −1.6% | 1.2% | $24.98B | −$382.8M | ||||||||
| MetaCL A · shares +3.3% · price +6.3% | 1.2% | $24.54B | +$1.41B | ||||||||
| Jpmorgan Chase & CoCOM · shares +1.5% · price +4.1% | 1.1% | $22.84B | +$876.4M | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +2.5% · price +1.6% | 1.00% | $20.21B | +$313.1M | ||||||||
| AlphabetCAP STK CL A · shares +3.3% · price +9.7% | 0.94% | $19.12B | +$1.63B | ||||||||
| AlphabetCAP STK CL C · shares +3.0% · price +9.5% | 0.91% | $18.57B | +$1.57B | ||||||||
| Wells Fargo Co NewCOM · shares +1.2% · price −0.4% | 0.86% | $17.44B | −$77.8M | ||||||||
| General Electric CoCOM · shares +0.6% · price −9.4% | 0.80% | $16.21B | −$1.67B | ||||||||
| AT&TCOM · shares +2.2% · price −9.2% | 0.80% | $16.14B | −$1.60B | ||||||||
| Bank Amer CorpCOM · shares +1.4% · price +2.8% | 0.79% | $16.05B | +$437.1M | ||||||||
| Procter And Gamble CoCOM · shares +2.3% · price −3.0% | 0.78% | $15.75B | −$477.0M | ||||||||
| Chevron Corp NewCOM · shares +2.9% · price −2.8% | 0.72% | $14.57B | −$412.5M | ||||||||
| Pfizer IncCOM · shares +2.3% · price −1.8% | 0.69% | $14.06B | −$253.8M | ||||||||
| Philip Morris Intl IncCOM · shares +2.7% · price +4.0% | 0.64% | $13.09B | +$493.7M | ||||||||
| Pepsico IncCOM · shares +2.4% · price +3.2% | 0.64% | $12.94B | +$397.3M | ||||||||
| Verizon Communications IncCOM · shares +2.1% · price −8.4% | 0.62% | $12.63B | −$1.13B | ||||||||
| Merck & Co IncCOM · shares +1.7% · price +0.9% | 0.61% | $12.44B | +$105.0M | ||||||||
| Coca Cola CoCOM · shares +1.8% · price +5.7% | 0.61% | $12.34B | +$651.7M | ||||||||
| Home Depot IncCOM · shares +0.9% · price +4.5% | 0.61% | $12.34B | +$523.7M | ||||||||
| Comcast Corp NewCL A · shares +2.8% · price +3.5% | 0.61% | $12.33B | +$409.9M | ||||||||
| Citigroup IncCOM NEW · shares +0.06% · price +11.8% | 0.60% | $12.26B | +$1.29B | ||||||||
| Total · 4,074 positions | 100% | $2.03T | +$42.03B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2017 to Q2 2017: 3,946 stocks held throughout, up $42.03B (+2.2%).
- Amazon+$2.13B+9%
- Microsoft+$1.65B+5%
- Alphabet+$1.63B+10%
- Alphabet+$1.57B+10%
- Johnson & Johnson+$1.53B+6%
- Verizon Communications Inc−$1.13B−8%
- Schlumberger Ltd−$1.18B−16%
- IBM−$1.22B−12%
- AT&T−$1.60B−9%
- General Electric Co−$1.67B−9%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 7 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $4.68T+17% | SEC ↗ |
| Q1 2026 | May 15, 2026 (amended) | $4.00T−42% | SEC ↗ |
| Q4 2025 | Jan 29, 2026 | $6.90T+3% | SEC ↗ |
| Q3 2025 | Nov 7, 2025 | $6.68T+8% | SEC ↗ |
| Q2 2025 | Aug 11, 2025 | $6.18T+12% | SEC ↗ |
| Q1 2025 | May 9, 2025 | $5.53T−4% | SEC ↗ |
| Q4 2024 | Feb 11, 2025 | $5.74T+3% | SEC ↗ |
| Q3 2024 | Nov 13, 2024 | $5.58T+7% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $5.21T+3% | SEC ↗ |
| Q1 2024 | May 10, 2024 | $5.05T+10% | SEC ↗ |
| Q4 2023 | Mar 11, 2024 (amended) | $4.58T+12% | SEC ↗ |
| Q3 2023 | Dec 18, 2023 (amended) | $4.07T−3% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $4.22T+7% | SEC ↗ |
| Q1 2023 | Jul 14, 2023 (amended) | $3.93T+7% | SEC ↗ |
| Q4 2022 | Feb 10, 2023 | $3.67T+8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $3.40T−4% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $3.56T−16% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $4.23T−4% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $4.40T+9% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $4.03T+0% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $4.02T+9% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $3.70T+7% | SEC ↗ |
| Q4 2020 | Feb 12, 2021 | $3.45T+14% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $3.02T+7% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $2.82T+20% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $2.35T−20% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $2.93T+9% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $2.70T+1% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $2.66T+4% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $2.55T+15% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $2.23T−13% | SEC ↗ |
| Q3 2018 | Dec 13, 2018 (amended) | $2.56T+7% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $2.39T+5% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $2.29T−0% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $2.29T+7% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $2.14T+5% | SEC ↗ |
| Q2 2017 | Aug 24, 2017 (amended) | $2.03T+4% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $1.95T+9% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $1.79T+5% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $1.70T+6% | SEC ↗ |
| Q2 2016 | Aug 10, 2016 | $1.61T+4% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $1.54T | SEC ↗ |