13F filer · CIK 2100119 ↗
Vanguard Capital Management
You are looking at Q2 2018. See the latest, Q2 2026 →
Reported value
$2.39T
+4.5% on the quarter before
Positions
4,129
146 new · 114 sold out
Top 10
14.9%
of the value
Est. gain
+$73.39B
on stocks held all quarter
Est. return
+3.3%
on those stocks since Q1 2018
Positions as of Jun 30, 2018, 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, 24% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2018. Striped tiles are options.
Largest buys
Since Q1 2018, 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.
- Broadcom~$7.65BNew · 0.0% → 0.3%+31,537,964 shares
- AT&T~$2.65BAdded · 0.7% → 0.7%+82,625,405 shares
- American Tower~$1.84BAdded · 0.3% → 0.3%+12,754,536 shares
- Evergy~$1.65BNew · 0.0% → 0.1%+29,388,068 shares
- Alibaba~$1.50BAdded · 0.2% → 0.3%+8,064,838 shares
- Crown Castle Intl Corp New~$1.26BAdded · 0.2% → 0.2%+11,726,991 shares
- Amazon~$944.0MAdded · 1.8% → 2.1%+555,342 shares
- Weyerhaeuser Co~$793.3MAdded · 0.1% → 0.1%+21,759,058 shares
- Qurate Retail Inc~$786.3MNew · 0.0% → 0.0%+37,055,360 shares
- Jefferies Finl Group Inc~$693.7MNew · 0.0% → 0.0%+30,507,089 shares
Largest sells
Since Q1 2018, 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.
- Broadcom Ltd~$6.99BSold out · 0.3% → 0.0%−29,658,352 shares
- Time Warner Inc~$4.88BSold out · 0.2% → 0.0%−51,572,239 shares
- Monsanto Co New~$3.71BSold out · 0.2% → 0.0%−31,831,180 shares
- Microsoft~$1.68BCut · 2.3% → 2.3%−17,033,234 shares
- Liberty Interactive Corp~$953.8MSold out · 0.0% → 0.0%−37,893,602 shares
- Leucadia Natl Corp~$708.6MSold out · 0.0% → 0.0%−31,175,870 shares
- Csra Inc~$697.4MSold out · 0.0% → 0.0%−16,915,368 shares
- Westar Energy Inc~$687.7MSold out · 0.0% → 0.0%−13,077,266 shares
- Microsemi Corp~$660.0MSold out · 0.0% → 0.0%−10,197,888 shares
- Orbital Atk Inc~$655.8MSold out · 0.0% → 0.0%−4,945,172 shares
Holdings
As of Jun 30, 2018. Changes are in shares against Mar 31, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −0.7% · price +10.3% | 2.7% | $64.40B | +$6.03B | ||||||||
| MicrosoftCOM · shares −2.9% · price +8.0% | 2.3% | $56.11B | +$4.18B | ||||||||
| AmazonCOM · shares +1.9% · price +17.4% | 2.1% | $49.43B | +$7.20B | ||||||||
| MetaCL A · shares −0.4% · price +21.6% | 1.4% | $33.60B | +$5.97B | ||||||||
| Exxon Mobil CorpCOM · shares +1.1% · price +10.9% | 1.1% | $26.99B | +$2.62B | ||||||||
| Jpmorgan Chase & CoCOM · shares +0.1% · price −5.2% | 1.1% | $26.56B | −$1.47B | ||||||||
| Johnson & JohnsonCOM · shares +1.4% · price −5.3% | 1.1% | $25.51B | −$1.41B | ||||||||
| AlphabetCAP STK CL A · shares −0.5% · price +8.9% | 1.0% | $24.28B | +$1.98B | ||||||||
| AlphabetCAP STK CL C · shares −0.7% · price +8.1% | 1.0% | $24.27B | +$1.82B | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +1.8% · price −6.4% | 1.0% | $24.08B | −$1.63B | ||||||||
| Bank Amer CorpCOM · shares +0.3% · price −6.0% | 0.79% | $18.98B | −$1.21B | ||||||||
| Chevron Corp NewCOM · shares +1.8% · price +10.9% | 0.78% | $18.71B | +$1.80B | ||||||||
| Wells Fargo Co NewCOM · shares +0.8% · price +5.8% | 0.76% | $18.09B | +$980.9M | ||||||||
| IntelCOM · shares +2.7% · price −4.6% | 0.74% | $17.67B | −$820.7M | ||||||||
| Visa Inc.COM CL A · shares +1.3% · price +10.7% | 0.73% | $17.54B | +$1.68B | ||||||||
| AT&TCOM · shares +19% · price −9.9% | 0.71% | $16.94B | −$1.58B | ||||||||
| Unitedhealth Group IncCOM · shares +0.9% · price +14.6% | 0.70% | $16.75B | +$2.12B | ||||||||
| Home Depot IncCOM · shares +0.4% · price +9.5% | 0.67% | $16.14B | +$1.39B | ||||||||
| Pfizer IncCOM · shares −0.9% · price +2.2% | 0.66% | $15.79B | +$343.8M | ||||||||
| CiscoCOM · shares −0.1% · price +0.3% | 0.64% | $15.35B | +$50.0M | ||||||||
| Verizon Communications IncCOM · shares +0.9% · price +5.2% | 0.63% | $15.09B | +$740.3M | ||||||||
| Procter And Gamble CoCOM · shares +1.3% · price −1.5% | 0.61% | $14.64B | −$225.8M | ||||||||
| Boeing CoCOM · shares +0.4% · price +2.3% | 0.60% | $14.42B | +$326.7M | ||||||||
| MastercardCL A · shares +1.6% · price +12.2% | 0.56% | $13.50B | +$1.44B | ||||||||
| Pepsico IncCOM · shares +1.6% · price −0.3% | 0.54% | $12.86B | −$32.6M | ||||||||
| Total · 4,129 positions | 100% | $2.39T | +$73.39B |
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 2018 to Q2 2018: 3,982 stocks held throughout, up $73.39B (+3.3%).
- Amazon+$7.20B+17%
- Apple+$6.03B+10%
- Meta+$5.97B+22%
- Microsoft+$4.18B+8%
- Netflix+$2.84B+33%
- Johnson & Johnson−$1.41B−5%
- Jpmorgan Chase & Co−$1.47B−5%
- AT&T−$1.58B−10%
- Berkshire Hathaway Inc Del−$1.63B−6%
- Philip Morris Intl Inc−$2.16B−19%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 4 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 ↗ |