NPORT-EX 2 vg_russell2000growthindex.htm
Vanguard® Russell 2000 Growth Index Fund
Schedule of Investments (unaudited)
As of May 31, 2024
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
    Shares Market
Value
($000)
Common Stocks (99.9%)
Basic Materials (3.6%)
  Cabot Corp.  48,890     5,001
  Balchem Corp.  28,753     4,417
* Arcadium Lithium plc 919,286     4,072
  Sensient Technologies Corp.  37,809     2,937
  Innospec Inc.  19,737     2,582
  Mueller Industries Inc.  43,748     2,577
  Sylvamo Corp.  32,154     2,293
  Quaker Chemical Corp.  12,472     2,262
  Materion Corp.  18,442     2,109
* Ingevity Corp.  32,876     1,606
* Constellium SE  71,526     1,550
  Hawkins Inc.  17,398     1,519
  Kaiser Aluminum Corp.  13,595     1,330
  Orion SA  49,978     1,243
  UFP Industries Inc.   8,233       984
*,1 Energy Fuels Inc. 124,019       868
* Century Aluminum Co.  47,255       866
* Novagold Resources Inc. 217,627       855
  Hecla Mining Co. 115,062       678
* Ivanhoe Electric Inc.  57,370       652
  Compass Minerals International Inc.  30,763       399
* Perpetua Resources Corp.  34,019       233
  Stepan Co.   2,228       194
  Omega Flex Inc.   2,943       174
* Ecovyst Inc.  17,900       167
* GrafTech International Ltd.  97,028       160
* Dakota Gold Corp.  38,117       112
* Contango ORE Inc.   3,327        80
* Piedmont Lithium Inc.   5,537        72
* LanzaTech Global Inc.  18,028        48
*,1 5e Advanced Materials Inc.  30,804        44
  Ryerson Holding Corp.   1,668        40
  American Vanguard Corp.   4,177        36
*,1 i-80 Gold Corp.  11,193        12
* NioCorp Developments Ltd.   2,012         5
             42,177
Consumer Discretionary (12.1%)
* e.l.f. Beauty Inc.  48,518     9,069
* Duolingo Inc.  26,607     5,093
* Carvana Co.  40,806     4,080
* Abercrombie & Fitch Co. Class A  22,735     3,930
  Academy Sports & Outdoors Inc.  64,965     3,748
  Kontoor Brands Inc.  50,532     3,706
* Light & Wonder Inc.  38,094     3,637
* Boot Barn Holdings Inc.  27,145     3,228
* Shake Shack Inc. Class A  33,918     3,218
  Steven Madden Ltd.  66,458     2,954
* Hilton Grand Vacations Inc.  70,962     2,933
* Visteon Corp.  24,782     2,760
* Cavco Industries Inc.   7,526     2,688
* Stride Inc.  38,143     2,619
* frontdoor Inc.  72,972     2,581
* Brinker International Inc.  36,202     2,557
* Dorman Products Inc.  23,649     2,175
* Sweetgreen Inc. Class A  70,707     2,174
* ACV Auctions Inc. Class A 114,203     2,039
  Inter Parfums Inc.  16,485     1,975
  International Game Technology plc  97,570     1,926
* Skyline Champion Corp.  27,177     1,892
1

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  Acushnet Holdings Corp.  27,220     1,794
* Fox Factory Holding Corp.  38,380     1,789
* Sonos Inc. 111,266     1,758
  Bloomin' Brands Inc.  78,744     1,717
  Cheesecake Factory Inc.  42,914     1,651
* United Parks & Resorts Inc.  31,020     1,622
* Atlanta Braves Holdings Inc. Class C  40,231     1,608
* Gentherm Inc.  29,464     1,589
  Laureate Education Inc.  99,363     1,556
* Dave & Buster's Entertainment Inc.  30,417     1,554
  Upbound Group Inc.  45,158     1,482
* Cinemark Holdings Inc.  82,352     1,422
  Dillard's Inc. Class A   3,061     1,369
  PriceSmart Inc.  16,114     1,356
* Six Flags Entertainment Corp.  52,031     1,324
* Cars.com Inc.  59,865     1,211
  Red Rock Resorts Inc. Class A  23,077     1,183
* OneSpaWorld Holdings Ltd.  75,079     1,167
  Oxford Industries Inc.  10,211     1,130
* Sally Beauty Holdings Inc.  90,622     1,104
* PowerSchool Holdings Inc. Class A  50,976     1,093
* Madison Square Garden Entertainment Corp.  30,537     1,085
* Hanesbrands Inc. 211,638     1,084
  Papa John's International Inc.  23,091     1,073
  Buckle Inc.  27,536     1,061
* Arlo Technologies Inc.  70,980     1,009
  Jack in the Box Inc.  17,828       987
1 Cracker Barrel Old Country Store Inc.  19,948       973
  LCI Industries   8,353       918
* Coursera Inc. 119,203       906
  Wolverine World Wide Inc.  62,978       858
* QuinStreet Inc.  47,345       834
  Monarch Casino & Resort Inc.  12,146       813
  American Eagle Outfitters Inc.  36,835       809
* Urban Outfitters Inc.  19,235       802
* XPEL Inc.  20,278       771
  Camping World Holdings Inc. Class A  37,482       753
  Hibbett Inc.   8,666       750
* Udemy Inc.  80,334       710
* Revolve Group Inc.  35,652       680
* IMAX Corp.  40,290       662
* Vizio Holding Corp. Class A  61,520       661
  Sturm Ruger & Co. Inc.  14,509       645
* Viad Corp.  18,271       639
* Lions Gate Entertainment Corp. Class B  78,561       607
* Integral Ad Science Holding Corp.  60,428       560
  Golden Entertainment Inc.  18,201       551
* Figs Inc. Class A 101,393       537
* Kura Sushi USA Inc. Class A   5,243       524
* Rush Street Interactive Inc.  58,156       521
  Dine Brands Global Inc.  12,484       493
* Accel Entertainment Inc.  47,827       474
* Super Group SGHC Ltd. 122,871       446
* BJ's Restaurants Inc.  12,689       445
* Malibu Boats Inc. Class A  11,215       431
  Arko Corp.  71,764       431
*,1 Luminar Technologies Inc. 261,064       428
* Green Brick Partners Inc.   7,678       419
* Portillo's Inc. Class A  40,838       409
* Atlanta Braves Holdings Inc. Class A   9,689       407
* PlayAGS Inc.  33,758       390
* Instructure Holdings Inc.  17,419       386
* Corsair Gaming Inc.  33,037       383
* Lovesac Co.  12,865       362
  RCI Hospitality Holdings Inc.   7,887       353
* Chuy's Holdings Inc.  12,761       341
* Chegg Inc.  88,356       338
* Everi Holdings Inc.  45,978       332
* MasterCraft Boat Holdings Inc.  15,372       324
* European Wax Center Inc. Class A  28,557       323
2

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  Carriage Services Inc.  11,970       322
  Global Industrial Co.   9,255       320
  PROG Holdings Inc.   7,638       289
  Cricut Inc. Class A  42,988       268
  Krispy Kreme Inc.  25,094       262
* Lions Gate Entertainment Corp. Class A  31,389       261
* Denny's Corp.  35,528       259
* Dream Finders Homes Inc. Class A   8,781       249
  Build-A-Bear Workshop Inc.   9,120       247
* Liquidity Services Inc.  12,281       241
* Sabre Corp.  74,324       233
* Sun Country Airlines Holdings Inc.  21,262       225
* iRobot Corp.  22,173       213
* Potbelly Corp.  23,385       209
* Life Time Group Holdings Inc.  12,391       208
* Funko Inc. Class A  22,694       205
  Matthews International Corp. Class A   7,038       199
* Frontier Group Holdings Inc.  34,937       191
  HNI Corp.   3,919       184
  Climb Global Solutions Inc.   3,098       178
* Inspired Entertainment Inc.  19,205       175
* Bally's Corp.  14,411       175
  Alta Equipment Group Inc.  20,631       174
  Nathan's Famous Inc.   2,324       165
* First Watch Restaurant Group Inc.   8,177       161
  Bowlero Corp. Class A  12,883       160
* Xponential Fitness Inc. Class A  17,552       159
* Savers Value Village Inc.  11,591       157
* Sleep Number Corp.  10,060       152
* LGI Homes Inc.   1,421       136
* Full House Resorts Inc.  25,535       127
  Townsquare Media Inc. Class A  10,689       118
  Entravision Communications Corp. Class A  54,046       117
*,1 Livewire Group Inc.  17,242       112
* Red Robin Gourmet Burgers Inc.  13,457       109
* Gambling.com Group Ltd.  13,713       106
* ONE Group Hospitality Inc.  19,370       101
* Nerdy Inc.  58,021        99
* Universal Technical Institute Inc.   6,179        98
* Stitch Fix Inc. Class A  39,221        97
* Daily Journal Corp.     227        86
* Blink Charging Co.  26,610        83
  Marine Products Corp.   7,713        79
* Leslie's Inc.  13,685        78
*,1 Mondee Holdings Inc.  35,710        77
  Allegiant Travel Co.   1,415        75
*,1 Torrid Holdings Inc.  11,116        75
* National Vision Holdings Inc.   4,898        74
* Stoneridge Inc.   4,485        71
  Guess? Inc.   2,945        69
* EW Scripps Co. Class A  25,074        68
  Sinclair Inc.   4,667        66
* Noodles & Co.  33,746        63
* Cooper-Standard Holdings Inc.   4,720        62
* Century Casinos Inc.  21,596        58
* CarParts.com Inc.  48,533        57
* Envela Corp.   6,806        32
  Gray Television Inc.   4,908        31
* Solo Brands Inc. Class A  12,726        25
* ThredUP Inc. Class A  11,859        24
* Lindblad Expeditions Holdings Inc.   2,880        22
* Boston Omaha Corp. Class A   1,390        20
  Rocky Brands Inc.     519        20
  Clarus Corp.   2,021        14
* SES AI Corp.  10,163        13
  Escalade Inc.     564         8
* Loop Media Inc.  32,732         7
* Qurate Retail Inc. Class B     888         4
* Rent the Runway Inc. Class A     151         4
* Duluth Holdings Inc. Class B     738         3
3

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* 2U Inc.   3,800         1
            140,989
Consumer Staples (3.6%)
* Sprouts Farmers Market Inc.  91,523     7,228
  Coca-Cola Consolidated Inc.   4,291     4,210
  Lancaster Colony Corp.  17,562     3,258
* Simply Good Foods Co.  81,665     3,143
  WD-40 Co.  12,214     2,744
  J & J Snack Foods Corp.  13,524     2,200
  Cal-Maine Foods Inc.  34,544     2,130
  Energizer Holdings Inc.  64,371     1,842
* BellRing Brands Inc.  31,616     1,839
* Chefs' Warehouse Inc.  31,731     1,251
  Utz Brands Inc.  64,847     1,202
* Vital Farms Inc.  27,880     1,154
  MGP Ingredients Inc.  14,311     1,111
* National Beverage Corp.  21,351       986
* Vita Coco Co. Inc.  33,766       983
  John B Sanfilippo & Son Inc.   8,036       810
* Herbalife Ltd.  64,933       669
  Turning Point Brands Inc.  15,346       503
* USANA Health Sciences Inc.  10,184       485
* SunOpta Inc.  79,816       480
  Dole plc  36,581       453
  Primo Water Corp.  19,499       440
  Calavo Growers Inc.  15,594       421
*,1 Beyond Meat Inc.  53,143       403
*,1 Westrock Coffee Co.  25,386       264
  Medifast Inc.   9,713       250
  Vector Group Ltd.  22,572       248
* TreeHouse Foods Inc.   5,576       202
* Brookfield Realty Capital Corp. Class A  33,958       197
* Beauty Health Co.  71,782       159
  Oil-Dri Corp. of America   1,147        96
* Duckhorn Portfolio Inc.   9,657        78
* Mission Produce Inc.   6,133        73
* Zevia PBC Class A  12,809        11
             41,523
Energy (5.7%)
* Weatherford International plc  63,992     7,701
* NEXTracker Inc. Class A 113,168     6,243
  ChampionX Corp. 175,966     5,740
* Tidewater Inc.  41,740     4,313
* Valaris Ltd.  53,541     4,144
  Noble Corp. plc  83,956     3,901
  Magnolia Oil & Gas Corp. Class A 148,758     3,860
  Cactus Inc. Class A  58,907     3,025
  Northern Oil & Gas Inc.  69,707     2,853
* Kosmos Energy Ltd. 410,234     2,502
* Oceaneering International Inc.  90,248     2,137
* Array Technologies Inc. 136,186     1,931
  Equitrans Midstream Corp. 113,799     1,625
  Borr Drilling Ltd. 198,522     1,368
* Fluence Energy Inc.  52,536     1,320
* Shoals Technologies Group Inc. Class A 153,699     1,210
  Matador Resources Co.  18,029     1,144
* Ameresco Inc. Class A  28,792     1,051
  Permian resources Corp.  55,369       907
  Sitio Royalties Corp. Class A  32,463       761
  CVR Energy Inc.  24,311       677
* Expro Group Holdings NV  30,116       661
* Nabors Industries Ltd. (XNYS)   7,420       555
* Par Pacific Holdings Inc.  19,064       517
* NextDecade Corp.  70,033       501
  Archrock Inc.  22,374       453
* TETRA Technologies Inc. 112,252       416
  Crescent Energy Co. Class A  27,119       342
* MRC Global Inc.  25,616       340
* Montauk Renewables Inc.  59,648       320
4

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
*,1 SunPower Corp.  77,985       260
  Core Laboratories Inc.  13,407       251
  Riley Exploration Permian Inc.   8,101       237
  Alpha Metallurgical Resources Inc.     715       226
  Liberty Energy Inc.   8,955       221
* TPI Composites Inc.  37,191       204
  Patterson-UTI Energy Inc.  18,379       203
  W&T Offshore Inc.  87,762       196
* REX American Resources Corp.   3,543       177
  Evolution Petroleum Corp.  28,095       162
* Green Plains Inc.   9,381       161
  Golar LNG Ltd.   5,772       152
  Kinetik Holdings Inc.   3,428       140
1 HighPeak Energy Inc.   8,879       140
  Kodiak Gas Services Inc.   4,530       125
* SilverBow Resources Inc.   2,206        86
* Empire Petroleum Corp.  11,684        85
* DMC Global Inc.   5,281        69
  Atlas Energy Solutions Inc.   2,838        69
  VAALCO Energy Inc.  10,612        68
* ProFrac Holding Corp. Class A   5,485        53
* FTC Solar Inc.  67,058        35
*,1 Maxeon Solar Technologies Ltd.  17,792        33
* EVgo Inc.  13,328        27
  Solaris Oilfield Infrastructure Inc. Class A   2,151        20
*,1 Tellurian Inc.  27,704        14
* KLX Energy Services Holdings Inc.   1,204         6
             65,938
Financials (5.1%)
  Selective Insurance Group Inc.  54,089     5,280
  FirstCash Holdings Inc.  33,860     3,993
* Marathon Digital Holdings Inc. 201,463     3,933
  First Financial Bankshares Inc. 117,156     3,512
  Piper Sandler Cos.  12,887     2,729
  Hamilton Lane Inc. Class A  19,381     2,432
  PJT Partners Inc. Class A  21,307     2,273
  StepStone Group Inc. Class A  49,470     2,124
  Moelis & Co. Class A  35,297     1,998
* Palomar Holdings Inc.  21,913     1,859
* Baldwin Insurance Group Inc.  54,118     1,823
  Artisan Partners Asset Management Inc. Class A  39,910     1,757
*,1 Upstart Holdings Inc.  66,720     1,649
  Cohen & Steers Inc.  23,373     1,643
* Bancorp Inc.  46,231     1,553
  BGC Group Inc. Class A 153,598     1,332
* Goosehead Insurance Inc. Class A  19,413     1,252
  WisdomTree Inc. 124,207     1,238
* Riot Platforms Inc. 124,267     1,210
  Victory Capital Holdings Inc. Class A  21,678     1,128
*,1 Trupanion Inc.  35,649     1,065
  Stock Yards Bancorp Inc.  21,329       999
  ServisFirst Bancshares Inc.  15,436       954
* Assetmark Financial Holdings Inc.  19,714       678
  Patria Investments Ltd. Class A  49,704       646
  HCI Group Inc.   6,530       626
  Perella Weinberg Partners  37,652       581
* Open Lending Corp. Class A  82,396       533
1 Brookfield Business Corp. Class A  23,353       480
1 B Riley Financial Inc.  18,305       439
* Coastal Financial Corp.   9,700       430
  Pathward Financial Inc.   7,862       419
  AMERISAFE Inc.   8,804       386
  Diamond Hill Investment Group Inc.   2,453       368
  GCM Grosvenor Inc. Class A  34,219       344
  Westamerica BanCorp   7,033       343
  P10 Inc. Class A  39,359       318
* Axos Financial Inc.   5,884       317
* Skyward Specialty Insurance Group Inc.   7,562       282
  Esquire Financial Holdings Inc.   5,561       255
5

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  Brightsphere Investment Group Inc.  11,325       251
  Federal Agricultural Mortgage Corp. Class C   1,352       236
  BancFirst Corp.   2,721       235
  First BanCorp (XNYS)  13,128       233
  Fidelis Insurance Holdings Ltd.  13,589       225
* Oscar Health Inc. Class A  11,185       223
* StoneX Group Inc.   2,683       202
* NMI Holdings Inc. Class A   5,674       188
  Virtus Investment Partners Inc.     796       182
* Columbia Financial Inc.  10,839       157
  NBT Bancorp Inc.   3,598       134
  PennyMac Financial Services Inc.   1,467       133
  Silvercrest Asset Management Group Inc. Class A   8,464       129
* Lemonade Inc.   7,656       127
  Crawford & Co. Class A  12,994       118
  City Holding Co.   1,105       113
  Five Star Bancorp   4,869       112
  Capital City Bank Group Inc.   4,096       111
  Bank of NT Butterfield & Son Ltd.   3,122       106
  Tiptree Inc.   5,888       103
  Greene County Bancorp Inc.   3,278       103
* AlTi Global Inc.  21,587       103
* LendingTree Inc.   2,261        97
  Universal Insurance Holdings Inc.   4,758        94
  Lakeland Financial Corp.   1,449        90
* Kingsway Financial Services Inc.  10,125        81
* SiriusPoint Ltd.   6,067        80
  HomeTrust Bancshares Inc.   2,874        79
* Hamilton Insurance Group Ltd. Class B   3,655        63
* eHealth Inc.   8,551        51
  Stellar Bancorp Inc.   2,231        51
  Community West Bancshares   2,815        49
  FS Bancorp Inc.   1,163        38
  F&G Annuities & Life Inc.     949        38
* World Acceptance Corp.     274        35
  Investors Title Co.     183        34
* Metropolitan Bank Holding Corp.     749        32
  Value Line Inc.     732        28
  Citizens Financial Services Inc.     645        27
  Regional Management Corp.     947        26
  Plumas Bancorp     641        22
  BayCom Corp.     910        18
* Third Coast Bancshares Inc.     775        16
  MVB Financial Corp.     715        14
* Bowhead Specialty Holdings Inc.     291         8
  Bank7 Corp.     178         5
  OppFi Inc.     714         2
             59,783
Health Care (20.8%)
* Insmed Inc. 127,837     7,037
* Vaxcyte Inc.  95,374     6,702
* HealthEquity Inc.  76,401     6,240
* Intra-Cellular Therapies Inc.  90,216     6,066
  Ensign Group Inc.  48,953     5,935
* Blueprint Medicines Corp.  54,643     5,768
* Viking Therapeutics Inc.  91,991     5,727
* Halozyme Therapeutics Inc. 116,629     5,165
* Lantheus Holdings Inc.  61,165     5,005
* Glaukos Corp.  42,632     4,805
* Option Care Health Inc. 150,634     4,492
* Cytokinetics Inc.  87,225     4,231
* Merit Medical Systems Inc.  51,105     4,147
* TransMedics Group Inc.  28,518     3,890
* Haemonetics Corp.  45,069     3,789
* REVOLUTION Medicines Inc.  92,907     3,561
* Alkermes plc 149,122     3,489
  Select Medical Holdings Corp.  93,497     3,230
* RadNet Inc.  54,141     3,175
* Madrigal Pharmaceuticals Inc.  13,286     3,138
6

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Krystal Biotech Inc.  19,400     3,105
* Axonics Inc.  44,684     2,998
* Guardant Health Inc. 101,446     2,749
* Cerevel Therapeutics Holdings Inc.  64,368     2,622
* Amicus Therapeutics Inc. 260,667     2,555
* SpringWorks Therapeutics Inc.  61,481     2,549
* iRhythm Technologies Inc.  27,552     2,430
* PROCEPT BioRobotics Corp.  36,221     2,405
* Arrowhead Pharmaceuticals Inc. 104,314     2,394
* Axsome Therapeutics Inc.  32,021     2,351
* Inari Medical Inc.  44,682     2,234
* Corcept Therapeutics Inc.  73,142     2,207
* Hims & Hers Health Inc. 111,293     2,161
* Evolent Health Inc. Class A 100,973     2,140
  CONMED Corp.  27,544     2,105
* Bridgebio Pharma Inc.  72,895     2,042
* Vericel Corp.  42,758     2,040
* TG Therapeutics Inc. 124,484     2,029
* Denali Therapeutics Inc. 107,295     1,991
* Progyny Inc.  71,367     1,923
* PTC Therapeutics Inc.  52,228     1,899
* CorVel Corp.   7,831     1,878
* STAAR Surgical Co.  44,102     1,832
* Arcellx Inc.  34,447     1,791
* Privia Health Group Inc. 101,182     1,758
* Rhythm Pharmaceuticals Inc.  47,943     1,711
* Surgery Partners Inc.  61,694     1,703
* ACADIA Pharmaceuticals Inc. 110,152     1,663
* UFP Technologies Inc.   6,371     1,659
* Catalyst Pharmaceuticals Inc. 100,060     1,618
* Astrana Health Inc.  38,986     1,615
* Nuvalent Inc. Class A  23,862     1,566
* RxSight Inc.  25,538     1,493
* Beam Therapeutics Inc.  60,794     1,448
* Amphastar Pharmaceuticals Inc.  33,940     1,437
* Arvinas Inc.  43,050     1,427
  LeMaitre Vascular Inc.  17,751     1,400
* Ideaya Biosciences Inc.  38,061     1,391
  US Physical Therapy Inc.  13,399     1,374
* Warby Parker Inc. Class A  77,573     1,374
* Inmode Ltd.  69,661     1,333
* Novavax Inc.  83,377     1,253
* Pacira BioSciences Inc.  41,033     1,245
* Geron Corp. (XNGS) 348,600     1,238
* Immunovant Inc.  48,475     1,231
* Supernus Pharmaceuticals Inc.  44,299     1,201
* Kymera Therapeutics Inc.  36,718     1,179
* Dynavax Technologies Corp.  97,882     1,174
* Syndax Pharmaceuticals Inc.  59,282     1,142
* Keros Therapeutics Inc.  23,134     1,084
* Rocket Pharmaceuticals Inc.  50,102     1,068
* Akero Therapeutics Inc.  55,489     1,044
* Collegium Pharmaceutical Inc.  29,422       975
* ADMA Biologics Inc. 101,277       967
* Ardelyx Inc. 135,858       932
* Morphic Holding Inc.  30,259       919
* Protagonist Therapeutics Inc.  32,324       910
*,2 Summit Therapeutics Inc. (XNMS) 103,804       902
* Phreesia Inc.  47,501       899
* MannKind Corp. 190,345       889
* Harmony Biosciences Holdings Inc.  28,867       849
* BioCryst Pharmaceuticals Inc. 128,379       829
*,1 Cassava Sciences Inc.  36,091       795
* Prothena Corp. plc  37,817       787
* Apogee Therapeutics Inc.  16,867       770
* Addus HomeCare Corp.   6,620       760
* Silk Road Medical Inc.  34,444       749
* Healthcare Services Group Inc.  63,350       683
* Day One Biopharmaceuticals Inc.  51,255       680
* AtriCure Inc.  30,065       678
7

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Xencor Inc.  28,349       674
* Aurinia Pharmaceuticals Inc. 121,549       659
* Vera Therapeutics Inc.  17,308       658
* ANI Pharmaceuticals Inc.  10,111       656
* Omnicell Inc.  19,975       651
* BioLife Solutions Inc.  29,086       625
*,1 ImmunityBio Inc.  97,379       625
* Pliant Therapeutics Inc.  51,253       622
* Zentalis Pharmaceuticals Inc.  52,195       620
* Cytek Biosciences Inc. 108,630       612
* Pennant Group Inc.  25,582       602
* Alignment Healthcare Inc.  76,297       601
* Arcutis Biotherapeutics Inc.  70,998       594
* Ocular Therapeutix Inc. 103,572       590
  Atrion Corp.   1,238       570
* Dyne Therapeutics Inc.  17,645       563
* 89bio Inc.  70,855       560
* Mirum Pharmaceuticals Inc.  22,253       535
* Surmodics Inc.  12,314       518
* SI-BONE Inc.  35,762       502
* Sage Therapeutics Inc.  44,413       493
* Harrow Inc.  27,170       488
* Evolus Inc.  37,569       486
* Celldex Therapeutics Inc.  14,363       478
* Avid Bioservices Inc.  56,531       457
* Travere Therapeutics Inc.  60,287       447
* Crinetics Pharmaceuticals Inc.   9,923       441
* PetIQ Inc.  20,581       427
* Deciphera Pharmaceuticals Inc.  16,674       426
* AdaptHealth Corp.  44,593       423
* Viridian Therapeutics Inc.  35,111       420
* Accolade Inc.  58,768       416
* Liquidia Corp.  31,937       411
  Patterson Cos. Inc.  16,178       398
* OrthoPediatrics Corp.  12,498       395
* Astria Therapeutics Inc.  39,388       373
  National Research Corp.  12,917       363
* Humacyte Inc.  48,291       361
* BrightSpring Health Services Inc.  31,428       354
* Alphatec Holdings Inc.  34,039       331
* AnaptysBio Inc.  13,678       327
* Heron Therapeutics Inc.  88,149       326
* Cogent Biosciences Inc.  40,346       323
* Alector Inc.  65,085       320
* Ironwood Pharmaceuticals Inc.  50,316       317
  SIGA Technologies Inc.  41,530       311
* CG oncology Inc.   9,542       311
* ModivCare Inc.  11,361       310
* Paragon 28 Inc.  39,270       302
* Voyager Therapeutics Inc.  35,483       298
* LifeStance Health Group Inc.  52,092       290
* Cerus Corp. 159,173       285
* Cabaletta Bio Inc.  27,647       282
  iRadimed Corp.   6,544       278
* Disc Medicine Inc.   7,986       271
* Tactile Systems Technology Inc.  21,249       270
*,1 UroGen Pharma Ltd.  20,282       270
* Xeris Biopharma Holdings Inc. 119,126       269
*,1 Anavex Life Sciences Corp.  64,334       261
* Adaptive Biotechnologies Corp.  74,995       259
* Axogen Inc.  36,546       250
* Intellia Therapeutics Inc.  11,676       250
  HealthStream Inc.   8,946       244
* Pulmonx Corp.  33,631       244
* CorMedix Inc.  45,934       242
* Arbutus Biopharma Corp.  71,483       240
* Treace Medical Concepts Inc.  40,238       237
* Prime Medicine Inc.  35,320       229
* Viemed Healthcare Inc.  30,610       227
* Revance Therapeutics Inc.  77,912       221
8

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Pacific Biosciences of California Inc. 122,975       220
* Avita Medical Inc.  22,831       219
* Arcus Biosciences Inc.  14,495       218
* DocGo Inc.  70,368       206
* Ventyx Biosciences Inc.  42,364       203
* Castle Biosciences Inc.   8,595       200
  Utah Medical Products Inc.   2,879       197
* EyePoint Pharmaceuticals Inc.  18,309       196
* Joint Corp.  12,865       193
* Actinium Pharmaceuticals Inc.  23,680       193
* Ligand Pharmaceuticals Inc.   2,250       191
* LivaNova plc   3,094       189
* Y-mAbs Therapeutics Inc.  15,423       187
*,1 Biomea Fusion Inc.  17,754       187
* Health Catalyst Inc.  27,562       183
* Aerovate Therapeutics Inc.  10,121       177
* OptimizeRx Corp.  14,332       173
* Cargo Therapeutics Inc.   8,890       169
*,1 Zynex Inc.  16,339       166
* Outset Medical Inc.  44,273       165
* Aldeyra Therapeutics Inc.  42,259       163
*,1 Verrica Pharmaceuticals Inc.  18,700       159
* Terns Pharmaceuticals Inc.  26,144       157
* Longboard Pharmaceuticals Inc.   7,599       143
* Accuray Inc.  79,173       140
* Coherus Biosciences Inc.  76,891       140
* Mersana Therapeutics Inc.  60,154       140
* NeoGenomics Inc.  10,062       138
* Artivion Inc.   5,350       126
* Sight Sciences Inc.  19,001       125
* Lineage Cell Therapeutics Inc. 120,974       121
* Rigel Pharmaceuticals Inc. 123,879       121
* Semler Scientific Inc.   4,128       121
* Quipt Home Medical Corp.  36,077       121
* Acelyrin Inc.  29,223       120
* InfuSystem Holdings Inc.  16,261       116
* Harvard Bioscience Inc.  36,235       115
* ClearPoint Neuro Inc.  19,655       107
* MeiraGTx Holdings plc  21,182       104
* Foghorn Therapeutics Inc.  17,911       104
* Sanara Medtech Inc.   3,466       103
* Nevro Corp.  10,827       101
* scPharmaceuticals Inc.  25,610       100
* Karyopharm Therapeutics Inc. 102,156        99
  Phibro Animal Health Corp. Class A   5,245        92
* Orchestra BioMed Holdings Inc.  12,808        89
* Quanterix Corp.   5,227        83
* Inhibrx Biosciences Inc.   5,116        83
* Rapt Therapeutics Inc.  19,949        80
* Innoviva Inc.   4,978        79
* Tela Bio Inc.  14,205        79
* Amylyx Pharmaceuticals Inc.  45,583        78
* Innovage Holding Corp.  17,369        77
* ArriVent Biopharma Inc.   3,949        77
* PDS Biotechnology Corp.  25,620        76
*,1 Omeros Corp.  22,244        75
* Tyra Biosciences Inc.   4,499        73
* Phathom Pharmaceuticals Inc.   7,618        72
* 4D Molecular Therapeutics Inc.   2,995        72
* Arcturus Therapeutics Holdings Inc.   1,819        71
* Optinose Inc.  65,229        70
* Marinus Pharmaceuticals Inc.  48,477        69
  Embecta Corp.   5,536        68
* Lexeo Therapeutics Inc.   4,092        68
* KORU Medical Systems Inc.  31,304        67
* HilleVax Inc.   5,503        67
* MacroGenics Inc.  16,154        66
* Aclaris Therapeutics Inc.  62,284        64
* Lexicon Pharmaceuticals Inc.  37,255        63
* CVRx Inc.   8,726        61
9

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Seres Therapeutics Inc.  59,640        60
* Mineralys Therapeutics Inc.   4,661        60
* Neumora Therapeutics Inc.   6,051        60
* X4 Pharmaceuticals Inc.  55,431        56
* Janux Therapeutics Inc.     971        52
* Cue Biopharma Inc.  31,177        51
* Mural Oncology plc  15,139        51
* Outlook Therapeutics Inc.   7,137        50
* Sagimet Biosciences Inc. Class A   9,270        49
* Sana Biotechnology Inc.   6,293        47
* Nuvectis Pharma Inc.   6,798        46
* Akoya Biosciences Inc.  20,242        44
*,1 Pulse Biosciences Inc.   3,701        43
* ARS Pharmaceuticals Inc.   4,802        43
* Omega Therapeutics Inc.  21,949        43
* AirSculpt Technologies Inc.  10,161        42
* Vir Biotechnology Inc.   3,824        39
* Biote Corp. Class A   5,774        38
*,1 Nano-X Imaging Ltd.   4,449        37
* Agenus Inc.   2,385        37
*,1 ProKidney Corp.  10,300        36
* PepGen Inc.   2,098        34
* Beyond Air Inc.  25,513        33
* Bioxcel Therapeutics Inc.  18,480        33
* Cartesian Therapeutics Inc.     895        31
* Enanta Pharmaceuticals Inc.   2,221        28
* Fennec Pharmaceuticals Inc.   4,150        28
* Codexis Inc.   7,928        27
* Aveanna Healthcare Holdings Inc.  10,324        27
* MaxCyte Inc.   5,430        24
* Savara Inc.   5,515        23
* PACS Group Inc.     736        22
*,1 Eyenovia Inc.  25,691        21
* Immuneering Corp. Class A  15,101        21
* Bright Green Corp.  74,726        21
* Organogenesis Holdings Inc.   7,359        20
* P3 Health Partners Inc.  37,879        19
*,1,2 Tobira Therapeutics Inc. CVR   3,989        18
* Turnstone Biologics Corp.   6,283        16
* Vicarious Surgical Inc.  44,967        14
* Reneo Pharmaceuticals Inc.   7,896        13
*,2 Inhibrx Inc.  20,465        13
* Compass Therapeutics Inc.   8,248        12
* Genelux Corp.   4,290        12
* Sharecare Inc.  14,076        11
*,1 Citius Pharmaceuticals Inc.  11,951         8
*,3 Scilex Holding Co. (Acquired 1/6/23, Cost $90)   8,622         8
* Atara Biotherapeutics Inc.   9,518         5
* BioVie Inc.  10,693         5
* Boundless Bio Inc.     494         5
* Cutera Inc.   1,853         4
* Contineum Therapeutics Inc. Class A     207         3
*,2 Synergy Pharmaceuticals LLC 124,654        —
*,2 Prevail Therapeutics CVR      58        —
*,2 OmniAb Inc. 12.5 Earnout     532        —
*,2 OmniAb Inc. 15 Earnout     532        —
            242,791
Industrials (22.6%)
  Comfort Systems USA Inc.  31,798    10,409
  FTAI Aviation Ltd.  89,414     7,539
* ATI Inc. 115,952     7,112
  Applied Industrial Technologies Inc.  34,651     6,688
  Simpson Manufacturing Co. Inc.  38,586     6,402
* Fluor Corp. 119,249     5,175
  Badger Meter Inc.  26,433     5,100
  Atkore Inc.  33,493     5,096
  Federal Signal Corp.  53,839     4,954
* AeroVironment Inc.  24,275     4,907
  Watts Water Technologies Inc. Class A  24,574     4,893
10

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  Maximus Inc.  54,656     4,706
* Dycom Industries Inc.  25,723     4,629
* API Group Corp. 129,150     4,603
  AAON Inc.  60,898     4,570
* SPX Technologies Inc.  32,725     4,563
  Installed Building Products Inc.  21,312     4,515
* ExlService Holdings Inc. 145,352     4,340
  Exponent Inc.  45,498     4,328
  Brink's Co.  40,157     4,146
  Franklin Electric Co. Inc.  41,482     4,127
* Chart Industries Inc.  23,710     3,723
  Herc Holdings Inc.  25,448     3,692
  EnerSys  34,165     3,684
  CSW Industrials Inc.  13,848     3,521
  HB Fuller Co.  43,371     3,454
* Verra Mobility Corp. 123,007     3,277
* CBIZ Inc.  43,060     3,265
* ACI Worldwide Inc.  84,146     3,030
  Insperity Inc.  31,981     3,029
  Kadant Inc.  10,499     3,003
  TriNet Group Inc.  28,781     2,992
* Modine Manufacturing Co.  29,610     2,988
  Hillenbrand Inc.  62,975     2,928
* Sterling Infrastructure Inc.  23,546     2,893
* Bloom Energy Corp. Class A 173,135     2,826
  John Bean Technologies Corp.  28,630     2,735
  Mueller Water Products Inc. Class A 139,391     2,587
  McGrath RentCorp.  22,209     2,420
  ICF International Inc.  16,842     2,404
* MYR Group Inc.  14,742     2,286
* Construction Partners Inc. Class A  38,416     2,236
  Belden Inc.  23,166     2,217
* StoneCo. Ltd. Class A 158,688     2,196
  Albany International Corp. Class A  24,542     2,153
* OSI Systems Inc.  14,461     2,079
  Terex Corp.  34,648     2,067
  EVERTEC Inc.  58,706     2,053
  Enerpac Tool Group Corp.  49,034     1,928
* AMN Healthcare Services Inc.  34,238     1,915
* RXO Inc.  90,526     1,848
  Otter Tail Corp.  19,656     1,778
  Alamo Group Inc.   9,068     1,723
* Flywire Corp.  95,546     1,639
* Remitly Global Inc. 122,254     1,589
* O-I Glass Inc. 119,069     1,511
  Helios Technologies Inc.  29,920     1,498
  Napco Security Technologies Inc.  29,861     1,483
* Huron Consulting Group Inc.  16,711     1,476
  ESCO Technologies Inc.  13,338     1,456
* Leonardo DRS Inc.  61,714     1,453
  Standex International Corp.   8,603     1,447
* Atmus Filtration Technologies Inc.  46,704     1,440
* Payoneer Global Inc. 238,321     1,428
  Griffon Corp.  21,112     1,426
  H&E Equipment Services Inc.  28,906     1,369
* PagSeguro Digital Ltd. Class A 108,758     1,332
*,1 Enovix Corp. 125,024     1,328
* AvidXchange Holdings Inc. 124,217     1,315
* Montrose Environmental Group Inc.  25,418     1,195
* Gibraltar Industries Inc.  15,450     1,166
  Lindsay Corp.   9,962     1,144
* IES Holdings Inc.   7,350     1,120
* Rocket Lab USA Inc. 253,673     1,109
  CRA International Inc.   6,118     1,077
* GMS Inc.  11,379     1,069
* Janus International Group Inc.  76,389     1,060
* NV5 Global Inc.  11,253     1,058
* Legalzoom.com Inc. 120,423     1,057
  Kforce Inc.  16,936     1,047
* ASGN Inc.  10,944     1,028
11

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Donnelley Financial Solutions Inc.  15,880       968
* Transcat Inc.   7,348       936
  Wabash National Corp.  41,279       933
  Dorian LPG Ltd.  18,237       923
  Tennant Co.   8,789       902
  ArcBest Corp.   8,449       892
  Moog Inc. Class A   5,216       884
  Pitney Bowes Inc. 157,316       853
  Zurn Elkay Water Solutions Corp.  26,484       829
* Cimpress plc   9,139       754
  Marten Transport Ltd.  41,523       735
  Hyster-Yale Materials Handling Inc.   9,975       724
  Barrett Business Services Inc.   5,386       713
* Vicor Corp.  19,929       697
* Energy Recovery Inc.  49,946       674
  United States Lime & Minerals Inc.   1,840       631
* ZipRecruiter Inc. Class A  60,692       614
* International Money Express Inc.  28,253       589
* Beacon Roofing Supply Inc.   5,920       575
  Cadre Holdings Inc.  17,432       572
  Myers Industries Inc.  32,862       519
1 Flex LNG Ltd.  17,982       517
  Douglas Dynamics Inc.  20,259       504
  Apogee Enterprises Inc.   7,573       492
  Cass Information Systems Inc.  10,753       455
  Mesa Laboratories Inc.   4,645       445
  Trinity Industries Inc.  13,303       418
* Itron Inc.   3,882       417
* Joby Aviation Inc.  83,623       407
* I3 Verticals Inc. Class A  20,315       396
  Forward Air Corp.  23,269       391
* Franklin Covey Co.  10,463       387
  Shyft Group Inc.  30,585       387
* CryoPort Inc.  33,358       343
  Granite Construction Inc.   5,368       334
* Target Hospitality Corp.  27,924       317
  Allient Inc.  11,674       316
* Bowman Consulting Group Ltd.   9,756       315
  Werner Enterprises Inc.   8,307       312
  LSI Industries Inc.  19,009       302
* Marqeta Inc. Class A  55,587       296
  GATX Corp.   2,001       276
* Distribution Solutions Group Inc.   8,108       271
  Patrick Industries Inc.   2,318       266
* Cantaloupe Inc.  34,659       248
* Custom Truck One Source Inc.  51,037       243
* Forrester Research Inc.  10,533       189
* Global Business Travel Group I  28,968       176
  Karat Packaging Inc.   6,067       173
  Primoris Services Corp.   2,993       164
* Virgin Galactic Holdings Inc. 182,606       158
  Gorman-Rupp Co.   4,459       154
* SoundThinking Inc.   8,826       142
* Performant Financial Corp.  45,937       141
  Preformed Line Products Co.     997       134
* Paysign Inc.  29,233       132
* IBEX Holdings Ltd.   8,358       131
* Thermon Group Holdings Inc.   3,459       117
*,1 PureCycle Technologies Inc.  22,585       117
* Ispire Technology Inc.  16,027       113
  TTEC Holdings Inc.  17,493       110
* Blue Bird Corp.   1,836       105
  EVI Industries Inc.   4,956       104
* CPI Card Group Inc.   3,813       100
* Luna Innovations Inc.  29,486        98
* Concrete Pumping Holdings Inc.  13,198        95
* Iteris Inc.  20,705        94
* Limbach Holdings Inc.   1,530        87
*,1 Eos Energy Enterprises Inc. 122,210        87
  CompoSecure Inc. Class A  13,710        87
12

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
* Eve Holding Inc.  16,574        82
* American Woodmark Corp.     941        81
* Cross Country Healthcare Inc.   4,823        73
  First Advantage Corp.   4,465        72
* 374Water Inc.  55,652        71
* Priority Technology Holdings Inc.  15,369        70
  Hirequest Inc.   4,802        63
* Hudson Technologies Inc.   6,372        57
  Information Services Group Inc.  17,047        54
* Evolv Technologies Holdings Inc.  18,981        54
* SKYX Platforms Corp.  57,144        52
* UL Solutions Inc. Class A   1,336        52
  Himalaya Shipping Ltd.   4,851        46
* Redwire Corp.   7,333        38
  Miller Industries Inc.     610        37
* Sterling Check Corp.   1,910        29
* FARO Technologies Inc.   1,406        26
*,1 Dragonfly Energy Holdings Corp.  24,840        24
* Commercial Vehicle Group Inc.   3,261        18
* Mayville Engineering Co. Inc.     930        15
* Loar Holdings Inc.     243        14
* Centuri Holdings Inc.     492        13
* Proficient Auto Logistics Inc.     841        13
* PAM Transportation Services Inc.     714        12
*,1 Velo3D Inc.  80,136        12
* Core Molding Technologies Inc.     515        10
*,1 Amprius Technologies Inc.   4,819         7
* Babcock & Wilcox Enterprises Inc.   4,896         6
* Atlanticus Holdings Corp.     219         6
  INNOVATE Corp.   9,350         6
* Terran Orbital Corp.   4,595         4
* Workhorse Group Inc.   7,791         2
            263,151
Other (0.0%)4
*,2 Aduro Biotech Inc. CVR   9,451         2
*,1,2 GTX Inc. CVR     530        —
                  2
Real Estate (1.5%)
  Ryman Hospitality Properties Inc.  52,455     5,511
  St. Joe Co.  30,957     1,752
  Tanger Inc.  44,035     1,222
  Outfront Media Inc.  61,804       893
* Compass Inc. Class A 218,694       820
  eXp World Holdings Inc.  63,927       717
* Redfin Corp.  99,145       638
  DigitalBridge Group Inc.  45,811       625
  Phillips Edison & Co. Inc.  18,336       586
  Universal Health Realty Income Trust  11,497       432
  Essential Properties Realty Trust Inc.  15,462       414
  Alexander's Inc.   1,936       411
  CBL & Associates Properties Inc.  18,157       401
  Community Healthcare Trust Inc.  16,120       378
  Saul Centers Inc.   9,663       352
  Marcus & Millichap Inc.   8,203       265
  CareTrust REIT Inc.   9,985       255
  Hannon Armstrong Sustainable Infrastructure Capital Inc.   7,497       250
  National Health Investors Inc.   3,673       243
  RMR Group Inc. Class A   9,680       228
  NexPoint Residential Trust Inc.   5,934       218
  Four Corners Property Trust Inc.   8,855       216
  UMH Properties Inc.   9,556       144
* Maui Land & Pineapple Co. Inc.   6,370       131
  Gladstone Commercial Corp.   6,332        91
* Opendoor Technologies Inc.  25,923        57
  Clipper Realty Inc.   9,363        37
* Anywhere Real Estate Inc.   9,055        37
             17,324
13

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
Technology (21.9%)
* Super Micro Computer Inc.  45,729    35,875
* MicroStrategy Inc. Class A  13,352    20,355
* Onto Innovation Inc.  37,719     8,174
* Fabrinet  33,096     7,928
* SPS Commerce Inc.  32,988     6,205
* Rambus Inc.  96,869     5,353
* Novanta Inc.  32,222     5,225
* MACOM Technology Solutions Holdings Inc.  49,767     5,033
* Insight Enterprises Inc.  25,260     4,938
* Qualys Inc.  33,423     4,700
* Tenable Holdings Inc. 104,573     4,412
* Altair Engineering Inc. Class A  49,323     4,307
* Varonis Systems Inc.  97,657     4,195
* CommVault Systems Inc.  37,330     4,016
* Appfolio Inc. Class A  17,262     3,941
  Power Integrations Inc.  51,095     3,884
* FormFactor Inc.  69,358     3,795
  Advanced Energy Industries Inc.  33,803     3,631
* Silicon Laboratories Inc.  28,530     3,600
* Box Inc. Class A 126,722     3,453
* Workiva Inc.  44,703     3,441
* Impinj Inc.  20,973     3,433
* Axcelis Technologies Inc.  29,280     3,294
* Q2 Holdings Inc.  51,184     3,113
* Blackbaud Inc.  39,161     3,052
* Envestnet Inc.  44,995     2,948
* Credo Technology Group Holding Ltd. 111,623     2,910
* Alarm.com Holdings Inc.  43,066     2,817
* Blackline Inc.  51,146     2,441
* Plexus Corp.  21,813     2,403
* Diodes Inc.  31,839     2,360
* Perficient Inc.  30,848     2,287
* Yelp Inc.  59,896     2,214
* Cargurus Inc.  86,125     2,085
* Zeta Global Holdings Corp. Class A 126,128     2,060
* DigitalOcean Holdings Inc.  55,024     2,039
  Progress Software Corp.  39,693     2,010
* Rapid7 Inc.  54,468     1,969
* Sitime Corp.  15,953     1,943
* Freshworks Inc. Class A 145,523     1,874
* Braze Inc. Class A  48,047     1,809
* Agilysys Inc.  18,172     1,735
*,1 C3.ai Inc. Class A  56,559     1,672
  Kulicke & Soffa Industries Inc.  35,019     1,599
* PagerDuty Inc.  80,254     1,522
* Verint Systems Inc.  51,059     1,514
  CTS Corp.  27,923     1,479
* Sprout Social Inc. Class A  43,659     1,425
* Rogers Corp.  11,445     1,351
* Everbridge Inc.  37,144     1,291
* Parsons Corp.  16,923     1,289
* Intapp Inc.  35,828     1,286
  Clear Secure Inc. Class A  74,748     1,263
* Ambarella Inc.  21,334     1,243
* Zuora Inc. Class A 122,217     1,241
* MaxLinear Inc.  68,526     1,218
* AvePoint Inc. 133,571     1,205
* Upwork Inc. 112,453     1,189
  CSG Systems International Inc.  26,661     1,150
* Sprinklr Inc. Class A  95,010     1,065
* Schrodinger Inc.  49,212     1,059
* Appian Corp. Class A  37,022     1,051
* Model N Inc.  34,754     1,039
* Jamf Holding Corp.  63,651     1,013
* Alkami Technology Inc.  36,507     1,001
  Adeia Inc.  84,135       995
* Asana Inc. Class A  74,967       978
* PDF Solutions Inc.  27,886       977
  A10 Networks Inc.  63,595       963
14

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  Sapiens International Corp. NV  27,667       927
  Shutterstock Inc.  22,273       905
* PROS Holdings Inc.  28,725       847
* indie Semiconductor Inc. Class A 126,214       842
* N-Able Inc.  56,513       754
* Couchbase Inc.  31,847       722
* Fastly Inc. Class A  91,657       719
* TechTarget Inc.  23,265       703
  Simulations Plus Inc.  14,229       686
* Squarespace Inc. Class A  15,465       680
* Magnite Inc.  51,486       635
*,1 SoundHound AI Inc. Class A 123,896       626
* Amplitude Inc. Class A  61,857       552
* Ziff Davis Inc.   9,499       547
* BigCommerce Holdings Inc. Series 1  61,724       509
* Yext Inc.  96,059       485
* Mitek Systems Inc.  36,786       462
  Hackett Group Inc.  20,614       460
* OneSpan Inc.  33,265       438
* SEMrush Holdings Inc. Class A  28,583       436
* EverQuote Inc. Class A  18,009       430
* NerdWallet Inc. Class A  30,493       425
* Grid Dynamics Holdings Inc.  40,889       388
* NextNav Inc.  46,757       369
* CEVA Inc.  18,397       367
* Grindr Inc.  36,920       351
* Cleanspark Inc.  21,579       347
* Digimarc Corp.  12,701       341
* Enfusion Inc. Class A  35,635       335
*,1 Applied Digital Corp.  78,966       334
* Eventbrite Inc. Class A  62,548       312
* Mediaalpha Inc. Class A  17,074       304
* Innodata Inc.  23,564       297
  NVE Corp.   3,792       294
* MeridianLink Inc.  15,683       291
* Aehr Test Systems  24,649       284
* Synaptics Inc.   2,879       270
* Weave Communications Inc.  31,052       269
* Planet Labs PBC 141,437       263
* Olo Inc. Class A  53,121       243
  American Software Inc. Class A  22,852       234
* Thoughtworks Holding Inc.  83,254       230
* SMART Global Holdings Inc.  10,169       209
* Red Violet Inc.   9,975       209
*,1 MicroVision Inc. 169,528       200
* Domo Inc. Class B  29,419       196
* Nextdoor Holdings Inc.  80,646       195
*,1 IonQ Inc.  23,288       190
* Consensus Cloud Solutions Inc.   9,742       184
* Sanmina Corp.   2,559       175
* EverCommerce Inc.  16,342       157
* ACM Research Inc. Class A   7,057       152
* PubMatic Inc. Class A   6,677       146
* Transphorm Inc.  26,963       129
* Viant Technology Inc. Class A  13,347       127
* SkyWater Technology Inc.  16,724       126
* Rimini Street Inc.  46,017       118
* eGain Corp.  18,943       117
* Kimball Electronics Inc.   5,083       117
* inTEST Corp.  10,593       106
* Vivid Seats Inc. Class A  20,559       104
* Bandwidth Inc. Class A   4,960       100
* ePlus Inc.   1,337       100
* CoreCard Corp.   6,647        93
* PAR Technology Corp.   1,862        83
* Tucows Inc. Class A   3,569        81
* Expensify Inc. Class A  50,543        76
* Definitive Healthcare Corp.  14,095        75
*,1 Veritone Inc.  23,653        70
* Vimeo Inc.  18,001        70
15

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
*,1 BigBear.ai Holdings Inc.  45,876        69
* Navitas Semiconductor Corp.  15,748        62
* Atomera Inc.  14,539        61
* Xometry Inc. Class A   3,433        53
* LivePerson Inc.  70,479        48
* Digital Turbine Inc.  22,617        43
* Reddit Inc. Class A     629        34
*,1 Astera Labs Inc.     490        32
* Bit Digital Inc.  12,521        31
* Rubrik Inc. Class A     984        30
* Asure Software Inc.   3,855        29
* FiscalNote Holdings Inc.  11,293        14
* Cipher Mining Inc.   2,702        10
* Silvaco Group Inc.     420         8
* Ibotta Inc. Class A      72         7
* CXApp Inc.   1,751         4
* Presto Automation Inc.   2,867        —
            254,488
Telecommunications (1.3%)
  InterDigital Inc.  23,134     2,634
* Calix Inc.  53,011     1,893
  Cogent Communications Holdings Inc.  24,763     1,466
* Extreme Networks Inc. 113,496     1,265
* Viavi Solutions Inc. 164,217     1,235
* Harmonic Inc.  99,163     1,213
* Infinera Corp. 178,729     1,022
*,1 AST SpaceMobile Inc. 103,822       859
* Digi International Inc.  28,322       690
* Globalstar Inc. 567,539       619
* Clearfield Inc.  11,585       443
  IDT Corp. Class B  10,599       430
* Anterix Inc.  10,528       354
*,1 Lightwave Logic Inc. 104,758       323
* 8x8 Inc. 111,546       305
* CommScope Holding Co. Inc. 186,440       268
* Ooma Inc.  21,746       188
* Kaltura Inc.  78,922        83
* Gogo Inc.   5,417        57
  Bel Fuse Inc. Class B     720        49
* Cambium Networks Corp.  11,106        36
* Consolidated Communications Holdings Inc.   7,046        31
*,1 Akoustis Technologies Inc.  83,540        18
             15,481
Utilities (1.7%)
* Casella Waste Systems Inc. Class A  50,719     5,102
  American States Water Co.  33,322     2,452
  Ormat Technologies Inc. (XNYS)  31,169     2,350
  New Jersey Resources Corp.  45,852     1,993
  Chesapeake Utilities Corp.  12,702     1,423
  MGE Energy Inc.  16,697     1,338
  Middlesex Water Co.  15,737       848
  California Water Service Group  16,538       825
  York Water Co.  12,783       474
*,1 NuScale Power Corp.  50,588       442
1 Brookfield Infrastructure Corp. Class A (XTSE)  11,558       398
  PNM Resources Inc.   8,122       311
* Sunnova Energy International Inc.  46,408       242
  Excelerate Energy Inc. Class A  12,579       224
  Unitil Corp.   4,102       219
  Artesian Resources Corp. Class A   5,936       213
* Pure Cycle Corp.  18,650       174
  Genie Energy Ltd. Class B   9,217       141
  Global Water Resources Inc.  10,389       134
* Cadiz Inc.  35,964       109
  Consolidated Water Co. Ltd.   3,802       103
*,1 Vertex Energy Inc.  57,880        65
  Aris Water Solutions Inc. Class A   1,816        28
16

Vanguard® Russell 2000 Growth Index Fund
    Shares Market
Value
($000)
  RGC Resources Inc.     483        10
             19,618
Total Common Stocks (Cost $953,645) 1,163,265
Rights (0.0%)
* Pulse Biosciences Inc. (Cost $—)   3,701          4
Temporary Cash Investments (1.1%)
Money Market Fund (1.1%)
5,6 Vanguard Market Liquidity Fund, 5.397% (Cost $13,286) 132,916          13,290
Total Investments (101.0%) (Cost $966,931) 1,176,559
Other Assets and Liabilities—Net (-1.0%) (12,038)
Net Assets (100%) 1,164,521
Cost is in $000.
* Non-income-producing security.
1 Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $11,773,000.
2 Security value determined using significant unobservable inputs.
3 Restricted securities totaling $8,000, representing 0.0% of net assets.
4 “Other” represents securities that are not classified by the fund’s benchmark index.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
6 Collateral of $12,971,000 was received for securities on loan.
  CVR—Contingent Value Rights.
  REIT—Real Estate Investment Trust.
  

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts
Notional
Amount
Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts        
E-mini Russell 2000 Index June 2024 14 1,453 (19)
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
17

Vanguard® Russell 2000 Growth Index Fund
The following table summarizes the market value of the fund’s investments and derivatives as of May 31, 2024, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 1,162,322 8 935 1,163,265
Rights 4 4
Temporary Cash Investments 13,290 13,290
Total 1,175,616 8 935 1,176,559
Derivative Financial Instruments        
Liabilities        
Futures Contracts1 19 19
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.
18