13F filer · CIK 2100119 ↗
Vanguard Capital Management
You are looking at Q3 2020. See the latest, Q2 2026 →
Reported value
$3.02T
+7.2% on the quarter before
Positions
4,108
143 new · 109 sold out
Top 10
20.6%
of the value
Est. gain
+$230.32B
on stocks held all quarter
Est. return
+8.4%
on those stocks since Q2 2020
Positions as of Sep 30, 2020, 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, 30% of the reported value, each sized by its share, colored by what the fund did with it since Q2 2020. Striped tiles are options.
Largest buys
Since Q2 2020, 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.
- Match Group Inc New~$2.46BNew · 0.0% → 0.1%+22,246,895 shares
- Jpmorgan Chase & Co~$1.01BAdded · 0.8% → 0.8%+10,541,436 shares
- Caesars Entertainment Inc Ne~$961.2MNew · 0.0% → 0.0%+17,145,211 shares
- Iac Interactivecorp New~$829.7MNew · 0.0% → 0.0%+6,927,195 shares
- Uber~$570.5MAdded · 0.1% → 0.1%+15,638,612 shares
- Pg&E Corp~$497.6MAdded · 0.0% → 0.0%+52,987,833 shares
- Fortive Corp~$474.2MAdded · 0.1% → 0.1%+6,222,656 shares
- Snowflake~$409.5MNew · 0.0% → 0.0%+1,631,663 shares
- Southwest Airls Co~$388.8MAdded · 0.1% → 0.1%+10,368,802 shares
- Archer Daniels Midland Co~$368.8MAdded · 0.1% → 0.1%+7,933,586 shares
Largest sells
Since Q2 2020, 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.
- Apple~$4.09BCut · 4.3% → 4.9%−35,291,871 shares
- Microsoft~$1.96BCut · 4.6% → 4.3%−9,323,658 shares
- Meta~$740.9MCut · 1.5% → 1.6%−2,829,119 shares
- Block~$731.9MCut · 0.1% → 0.1%−4,502,443 shares
- Alphabet~$636.1MCut · 1.1% → 1.1%−432,814 shares
- Match Group Inc~$609.0MSold out · 0.0% → 0.0%−5,689,060 shares
- Caesars Entmt Corp~$609.0MSold out · 0.0% → 0.0%−50,205,847 shares
- Amazon~$598.7MCut · 3.2% → 3.4%−190,145 shares
- Oracle~$589.6MCut · 0.4% → 0.4%−9,876,166 shares
- Tesla~$421.6MCut · 0.3% → 0.6%−982,637 shares
Holdings
As of Sep 30, 2020. Changes are in shares against Jun 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −2.7% · price +27.0% | 4.9% | $148.31B | +$31.52B | ||||||||
| MicrosoftCOM · shares −1.5% · price +3.4% | 4.3% | $130.97B | +$4.25B | ||||||||
| AmazonCOM · shares −0.6% · price +14.1% | 3.4% | $103.23B | +$12.78B | ||||||||
| MetaCL A · shares −1.5% · price +15.3% | 1.6% | $48.53B | +$6.45B | ||||||||
| Johnson & JohnsonCOM · shares −1.2% · price +5.9% | 1.1% | $34.09B | +$1.89B | ||||||||
| AlphabetCAP STK CL A · shares −1.1% · price +3.4% | 1.1% | $33.88B | +$1.10B | ||||||||
| AlphabetCAP STK CL C · shares −1.9% · price +4.0% | 1.1% | $32.63B | +$1.24B | ||||||||
| Procter And Gamble CoCOM · shares −1.2% · price +16.2% | 1.0% | $30.64B | +$4.28B | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +0.03% · price +19.3% | 1.00% | $30.10B | +$4.87B | ||||||||
| Visa Inc.COM CL A · shares −1.3% · price +3.5% | 0.96% | $29.04B | +$987.7M | ||||||||
| NvidiaCOM · shares −1.1% · price +42.5% | 0.87% | $26.25B | +$7.82B | ||||||||
| Home Depot IncCOM · shares −1.1% · price +10.9% | 0.83% | $25.15B | +$2.46B | ||||||||
| Unitedhealth Group IncCOM · shares −1.2% · price +5.7% | 0.82% | $24.87B | +$1.34B | ||||||||
| MastercardCL A · shares −1.5% · price +14.4% | 0.80% | $24.29B | +$3.05B | ||||||||
| Jpmorgan Chase & CoCOM · shares +4.5% · price +2.3% | 0.77% | $23.35B | +$512.8M | ||||||||
| Verizon Communications IncCOM · shares −1.3% · price +7.9% | 0.65% | $19.57B | +$1.43B | ||||||||
| AdobeCOM · shares −1.8% · price +12.7% | 0.63% | $19.05B | +$2.14B | ||||||||
| Walmart IncCOM · shares −1.7% · price +16.8% | 0.62% | $18.62B | +$2.68B | ||||||||
| PayPalCOM · shares −1.4% · price +13.1% | 0.62% | $18.61B | +$2.15B | ||||||||
| TeslaCOM · shares −2.2% · price +98.7% | 0.61% | $18.57B | +$9.22B | ||||||||
| AlibabaSPONSORED ADS · shares −1.9% · price +36.3% | 0.61% | $18.38B | +$4.89B | ||||||||
| IntelCOM · shares −1.0% · price −13.5% | 0.60% | $18.26B | −$2.84B | ||||||||
| Walt Disney Company (The)COM DISNEY · shares −1.2% · price +11.3% | 0.60% | $18.21B | +$1.84B | ||||||||
| Comcast Corp NewCL A · shares −2.1% · price +18.7% | 0.60% | $18.06B | +$2.84B | ||||||||
| SalesforceCOM · shares −0.3% · price +34.2% | 0.59% | $17.84B | +$4.54B | ||||||||
| Total · 4,108 positions | 100% | $3.02T | +$230.32B |
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 Q2 2020 to Q3 2020: 3,965 stocks held throughout, up $230.32B (+8.4%).
- Apple4:1 split+$31.52B+27%
- Amazon+$12.78B+14%
- Tesla5:1 split+$9.22B+99%
- Nvidia+$7.82B+42%
- Meta+$6.45B+15%
- Abbvie Inc−$1.53B−11%
- Cisco−$2.42B−16%
- Chevron Corp New−$2.73B−19%
- Intel−$2.84B−13%
- Exxon Mobil Corp−$3.70B−23%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 5 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 ↗ |