13F filer · CIK 2100119 ↗
Vanguard Capital Management
You are looking at Q1 2021. See the latest, Q2 2026 →
Reported value
$3.70T
+7.2% on the quarter before
Positions
4,333
221 new · 93 sold out
Top 10
18.8%
of the value
Est. gain
+$211.51B
on stocks held all quarter
Est. return
+6.2%
on those stocks since Q4 2020
Positions as of Mar 31, 2021, 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, 28% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2020. Striped tiles are options.
Largest buys
Since Q4 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.
- Jpmorgan Chase & Co~$2.99BAdded · 0.9% → 1.1%+19,660,380 shares
- International Flavors&Fragra~$2.35BAdded · 0.0% → 0.1%+16,804,564 shares
- Lumen Technologies Inc~$1.67BNew · 0.0% → 0.0%+124,885,782 shares
- Coca Cola Co~$1.42BAdded · 0.5% → 0.5%+27,029,381 shares
- Merck & Co. Inc~$1.29BAdded · 0.5% → 0.5%+16,795,285 shares
- Conocophillips~$1.28BAdded · 0.1% → 0.2%+24,247,945 shares
- Broadcom~$1.26BAdded · 0.4% → 0.5%+2,711,285 shares
- Stellantis N.V~$1.15BNew · 0.0% → 0.0%+64,854,767 shares
- Home Depot Inc~$1.12BAdded · 0.7% → 0.8%+3,672,991 shares
- Ferguson Plc New~$1.02BNew · 0.0% → 0.0%+8,485,384 shares
Largest sells
Since Q4 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.
- Alibaba~$13.29BCut · 0.4% → 0.0%−58,632,065 shares
- Apple~$1.93BCut · 4.8% → 4.1%−15,773,059 shares
- Walt Disney Company (The)~$1.85BCut · 0.8% → 0.7%−10,030,529 shares
- Tiffany & Co New~$1.61BSold out · 0.0% → 0.0%−12,238,066 shares
- Concho Res Inc~$1.23BSold out · 0.0% → 0.0%−21,147,635 shares
- Lumen Technologies Inc~$1.23BSold out · 0.0% → 0.0%−126,367,933 shares
- Dupont De Nemours Inc~$1.16BCut · 0.1% → 0.1%−14,980,332 shares
- KLA~$989.2MCut · 0.1% → 0.1%−2,994,076 shares
- Twitter Inc~$851.7MCut · 0.1% → 0.1%−13,384,524 shares
- Snap~$799.1MCut · 0.1% → 0.1%−15,281,206 shares
Holdings
As of Mar 31, 2021. Changes are in shares against Dec 31, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −1.3% · price −7.9% | 4.1% | $151.39B | −$13.06B | ||||||||
| MicrosoftCOM · shares −0.5% · price +6.0% | 3.9% | $144.02B | +$8.15B | ||||||||
| AmazonCOM · shares +0.6% · price −5.0% | 2.7% | $100.91B | −$5.28B | ||||||||
| MetaCL A · shares +0.2% · price +7.8% | 1.5% | $53.95B | +$3.91B | ||||||||
| AlphabetCAP STK CL A · shares −0.2% · price +17.7% | 1.3% | $46.99B | +$7.06B | ||||||||
| AlphabetCAP STK CL C · shares −0.5% · price +18.1% | 1.2% | $44.52B | +$6.82B | ||||||||
| Jpmorgan Chase & CoCOM · shares +8.1% · price +19.8% | 1.1% | $40.05B | +$6.12B | ||||||||
| TeslaCOM · shares +1.4% · price −5.3% | 1.1% | $39.14B | −$2.18B | ||||||||
| Johnson & JohnsonCOM · shares +0.8% · price +4.4% | 1.0% | $37.76B | +$1.59B | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +0.5% · price +10.2% | 0.94% | $34.69B | +$3.19B | ||||||||
| Visa Inc.COM CL A · shares −0.7% · price −3.2% | 0.82% | $30.30B | −$1.00B | ||||||||
| Unitedhealth Group IncCOM · shares −0.5% · price +6.1% | 0.79% | $29.27B | +$1.68B | ||||||||
| Procter And Gamble CoCOM · shares −1.4% · price −2.7% | 0.79% | $29.10B | −$797.1M | ||||||||
| Home Depot IncCOM · shares +4.1% · price +14.9% | 0.77% | $28.51B | +$3.56B | ||||||||
| NvidiaCOM · shares −0.00% · price +2.2% | 0.69% | $25.62B | +$562.9M | ||||||||
| Walt Disney Company (The)COM · shares −6.9% · price +1.8% | 0.68% | $25.04B | +$453.3M | ||||||||
| MastercardCL A · shares −0.4% · price −0.2% | 0.68% | $24.99B | −$62.5M | ||||||||
| Bk Of America CorpCOM · shares +1.1% · price +27.6% | 0.65% | $24.05B | +$5.15B | ||||||||
| PayPalCOM · shares −0.1% · price +3.7% | 0.61% | $22.57B | +$803.0M | ||||||||
| IntelCOM · shares −0.5% · price +28.5% | 0.58% | $21.59B | +$4.78B | ||||||||
| Comcast Corp NewCL A · shares −0.3% · price +3.3% | 0.57% | $20.97B | +$662.6M | ||||||||
| Exxon Mobil CorpCOM · shares +1.5% · price +35.4% | 0.53% | $19.51B | +$5.03B | ||||||||
| Verizon Communications IncCOM · shares −1.5% · price −1.0% | 0.50% | $18.66B | −$192.6M | ||||||||
| AdobeCOM · shares −0.3% · price −4.9% | 0.49% | $18.15B | −$945.0M | ||||||||
| Coca Cola CoCOM · shares +8.6% · price −3.9% | 0.48% | $17.90B | −$665.7M | ||||||||
| Total · 4,333 positions | 100% | $3.70T | +$211.51B |
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 Q4 2020 to Q1 2021: 4,112 stocks held throughout, up $211.51B (+6.2%).
- Microsoft+$8.15B+6%
- Alphabet+$7.06B+18%
- Alphabet+$6.82B+18%
- Jpmorgan Chase & Co+$6.12B+20%
- Bk Of America Corp+$5.15B+28%
- AMD−$1.27B−14%
- Qualcomm−$2.03B−13%
- Tesla−$2.18B−5%
- Amazon−$5.28B−5%
- Apple−$13.06B−8%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 9 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 ↗ |