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VANGUARD PORTFOLIO MANAGEMENT LLC

SEC Form 13F institutional filer · CIK 0002100121

13F-HR · 496 reported holdings · 2026-03-31

Asset manager, subsidiary of Vanguard Group, manages mutual funds.

Reported long-US-equity value

$1.55T

Top-10 concentration

26.6%

VANGUARD PORTFOLIO MANAGEMENT LLC — $1.55T AUM allocation strategy

VANGUARD PORTFOLIO MANAGEMENT LLC files SEC Form 13F and reports $1.55T of long US equity value across 496 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 18.3%, followed by Communication Services 4.6% and Financials 3.3%.

The top 10 holdings account for 27% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

VANGUARD PORTFOLIO MANAGEMENT LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$1.55T

total across 496 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

27% of value

higher = narrower conviction; lower = spread / hedging

First appearance — no quarter-over-quarter baseline

This filer's previous-quarter 13F is not in our dataset yet

adds / trims / new / exited chips need two consecutive quarters — they will appear with the next filing

Sector allocation (share of reported value)

Information Technology 18%Communication Services 5%Financials 3%Health Care 3%Consumer Discretionary 3%Consumer Staples 1%Energy 1%Other holdings 65%SECTORS
  • $XLKInformation Technology18.3%
  • $XLCCommunication Services4.6%
  • $XLFFinancials3.3%
  • $XLVHealth Care3.0%
  • $XLYConsumer Discretionary2.9%
  • $XLPConsumer Staples1.4%
  • $XLEEnergy1.3%
  • Other holdings65.1%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 8%Technology Hardware, Storage & Peripherals 5%Interactive Media & Services 5%Systems Software 4%Pharmaceuticals 2%Broadline Retail 2%Consumer Staples Merchandise Retail 1%Transaction & Payment Processing Services 1%Other holdings 71%INDUSTRIES
  • Semiconductors8.3%
  • Technology Hardware, Storage & Peripherals5.4%
  • Interactive Media & Services4.6%
  • Systems Software4.0%
  • Pharmaceuticals2.3%
  • Broadline Retail1.7%
  • Consumer Staples Merchandise Retail1.4%
  • Transaction & Payment Processing Services1.4%
  • Other holdings70.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$NVDANVIDIA Corporation510M$89B5.8%
$AAPLApple Inc331M$84.1B5.4%
$MSFTMicrosoft Corporation167M$62B4.0%
$AVGOBroadcom Inc128M$39.7B2.6%
$GOOGAlphabet Inc. Class C Capital Stock96.5M$27.8B1.8%
$AMZNAmazon.com Inc127M$26.5B1.7%
$GOOGLAlphabet Inc76.8M$22B1.4%
$METAMeta Platforms Inc38.3M$21.7B1.4%
$XOMExxonMobil Holdings Corporation116M$19.6B1.3%
$LLYEli Lilly and Company21M$19.3B1.2%

…and 486 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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