13F filer · CIK 2100119 ↗
Vanguard Capital Management
You are looking at Q1 2026. See the latest, Q2 2026 →
Reported value
$4.00T
−42% on the quarter before
Positions
3,982
138 new · 485 sold out
Top 10
33.0%
of the value
Est. gain
−$181.15B
on stocks held all quarter
Est. return
−4.4%
on those stocks since Q4 2025
Positions as of Mar 31, 2026, 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, 44% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2025. Striped tiles are options.
Largest buys
Since Q4 2025, 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.
- Astrazeneca Plc~$8.81BNew · 0.0% → 0.2%+45,040,142 shares
- Sunbelt Rentals Holdings Inc~$1.68BNew · 0.0% → 0.0%+26,099,040 shares
- Amcor~$590.0MNew · 0.0% → 0.0%+14,842,992 shares
- Pinnacle Finl Partners Inc~$583.0MNew · 0.0% → 0.0%+6,767,814 shares
- Bitmine Immersion Technologies~$308.6MAdded · 0.0% → 0.0%+15,601,024 shares
- Qiagen Nv~$247.4MNew · 0.0% → 0.0%+6,106,275 shares
- Versant Media Group Inc~$238.8MNew · 0.0% → 0.0%+6,449,626 shares
- Piper Sandler Companies~$231.4MNew · 0.0% → 0.0%+3,022,686 shares
- Figma~$183.6MAdded · 0.0% → 0.0%+8,684,993 shares
- Indivior Pharmaceuticals Inc~$170.3MNew · 0.0% → 0.0%+5,586,576 shares
Largest sells
Since Q4 2025, 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.
- Nvidia~$126.99BCut · 6.1% → 6.7%−728,132,893 shares
- Apple~$119.90BCut · 5.6% → 6.1%−472,436,266 shares
- Microsoft~$87.13BCut · 5.0% → 4.5%−235,384,494 shares
- Broadcom~$54.07BCut · 2.4% → 2.4%−174,691,437 shares
- Amazon~$44.62BCut · 2.8% → 3.3%−214,224,323 shares
- Alphabet~$43.34BCut · 2.4% → 2.7%−150,707,743 shares
- Alphabet~$34.07BCut · 1.9% → 2.2%−118,751,606 shares
- Meta~$33.10BCut · 1.9% → 2.0%−57,857,473 shares
- JPMorgan Chase~$29.56BCut · 1.2% → 1.2%−100,479,452 shares
- Tesla~$28.28BCut · 1.7% → 1.7%−76,074,241 shares
Holdings
As of Mar 31, 2026. Changes are in shares against Dec 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares −32% · price −6.5% | 6.7% | $268.32B | −$18.62B | ||||||||
| AppleCOM · shares −33% · price −6.6% | 6.1% | $242.08B | −$17.24B | ||||||||
| MicrosoftCOM · shares −33% · price −23.5% | 4.5% | $178.63B | −$54.75B | ||||||||
| AmazonCOM · shares −25% · price −9.8% | 3.3% | $131.46B | −$14.23B | ||||||||
| AlphabetCAP STK CL A · shares −28% · price −8.1% | 2.7% | $108.77B | −$9.62B | ||||||||
| BroadcomCOM · shares −36% · price −10.6% | 2.4% | $95.33B | −$11.27B | ||||||||
| AlphabetCAP STK CL C · shares −28% · price −8.6% | 2.2% | $86.71B | −$8.14B | ||||||||
| MetaCL A · shares −29% · price −13.3% | 2.0% | $81.32B | −$12.50B | ||||||||
| TeslaCOM · shares −29% · price −17.3% | 1.7% | $67.97B | −$14.26B | ||||||||
| Berkshire HathawayCL B NEW · shares −25% · price −4.7% | 1.4% | $56.27B | −$2.75B | ||||||||
| Eli LillyCOM · shares −35% · price −14.4% | 1.2% | $49.08B | −$8.27B | ||||||||
| JPMorgan ChaseCOM · shares −38% · price −8.7% | 1.2% | $48.62B | −$4.64B | ||||||||
| ExxonMobilCOM · shares −37% · price +41.0% | 1.2% | $46.01B | +$13.38B | ||||||||
| Johnson & JohnsonCOM · shares −35% · price +18.1% | 0.96% | $38.28B | +$5.87B | ||||||||
| WalmartCOM · shares −35% · price +11.6% | 0.89% | $35.40B | +$3.67B | ||||||||
| Visa Inc.COM CL A · shares −34% · price −13.8% | 0.81% | $32.34B | −$5.19B | ||||||||
| CostcoCOM · shares −34% · price +15.5% | 0.72% | $28.74B | +$3.87B | ||||||||
| NetflixCOM · shares −30% · price +2.5% | 0.66% | $26.38B | +$655.8M | ||||||||
| MastercardCL A · shares −34% · price −12.5% | 0.65% | $26.15B | −$3.73B | ||||||||
| Chevron CorporationCOM · shares −33% · price +35.8% | 0.63% | $25.34B | +$6.67B | ||||||||
| AbbVieCOM · shares −36% · price −4.8% | 0.63% | $24.99B | −$1.26B | ||||||||
| MicronCOM · shares −31% · price +18.4% | 0.62% | $24.71B | +$3.83B | ||||||||
| Procter & GambleCOM · shares −36% · price +0.8% | 0.55% | $21.82B | +$170.7M | ||||||||
| AMDCOM · shares −33% · price −5.0% | 0.54% | $21.55B | −$1.14B | ||||||||
| Caterpillar Inc.COM · shares −35% · price +23.7% | 0.54% | $21.42B | +$4.10B | ||||||||
| Total · 3,982 positions | 100% | $4.00T | −$181.15B |
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 2025 to Q1 2026: 3,844 stocks held throughout, down $181.15B (−4.4%).
- ExxonMobil+$13.38B+41%
- Chevron Corporation+$6.67B+36%
- Johnson & Johnson+$5.87B+18%
- Applied Materials+$4.37B+33%
- Caterpillar Inc.+$4.10B+24%
- Amazon−$14.23B−10%
- Tesla−$14.26B−17%
- Apple−$17.24B−7%
- Nvidia−$18.62B−6%
- Microsoft−$54.75B−23%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 8 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 ↗ |