NPORT-EX 2 vg_500index.htm
Vanguard® 500 Index Fund
Schedule of Investments (unaudited)
As of September 30, 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 (99.8%)
Communication Services (8.8%)
  Meta Platforms Inc. Class A  57,226,310    32,758,629
  Alphabet Inc. Class A 153,469,765    25,452,961
  Alphabet Inc. Class C 125,822,656    21,036,290
* Netflix Inc.  11,241,456     7,973,227
  Verizon Communications Inc. 110,261,641     4,951,850
  Walt Disney Co.  47,505,615     4,569,565
  Comcast Corp. Class A 101,194,512     4,226,895
  AT&T Inc. 187,813,288     4,131,892
  T-Mobile US Inc.  12,839,875     2,649,637
  Electronic Arts Inc.   6,298,231       903,418
* Charter Communications Inc. Class A   2,542,852       824,087
* Take-Two Interactive Software Inc.   4,269,078       656,200
  Omnicom Group Inc.   5,125,037       529,878
* Warner Bros Discovery Inc.  58,443,669       482,160
* Live Nation Entertainment Inc.   4,100,044       448,914
  Interpublic Group of Cos. Inc.   9,838,176       311,181
  News Corp. Class A   9,928,071       264,385
* Match Group Inc.   6,756,472       255,665
  Fox Corp. Class A   5,888,320       249,253
1 Paramount Global Class B  15,562,362       165,272
  Fox Corp. Class B   3,452,057       133,940
  News Corp. Class B   2,923,229        81,704
                113,057,003
Consumer Discretionary (10.1%)
* Amazon.com Inc. 244,647,431    45,585,156
* Tesla Inc.  72,676,422    19,014,332
  Home Depot Inc.  25,973,471    10,524,450
  McDonald's Corp.  18,790,063     5,721,762
  Lowe's Cos. Inc.  14,926,271     4,042,781
  Booking Holdings Inc.     878,068     3,698,528
  TJX Cos. Inc.  29,603,013     3,479,538
  Starbucks Corp.  29,682,407     2,893,738
  NIKE Inc. Class B  31,471,538     2,782,084
* Chipotle Mexican Grill Inc.  35,872,126     2,066,952
* O'Reilly Automotive Inc.   1,519,360     1,749,695
  Marriott International Inc. Class A   6,121,436     1,521,789
  Hilton Worldwide Holdings Inc.   6,455,065     1,487,893
  DR Horton Inc.   7,686,417     1,466,338
* Airbnb Inc. Class A  11,525,355     1,461,530
* AutoZone Inc.     447,511     1,409,678
  General Motors Co.  29,442,063     1,320,182
  Ross Stores Inc.   8,737,777     1,315,123
  Lennar Corp. Class A   6,331,408     1,187,012
  Royal Caribbean Cruises Ltd.   6,203,583     1,100,268
  Ford Motor Co. 102,272,448     1,079,997
  Yum! Brands Inc.   7,364,930     1,028,954
  eBay Inc.  12,810,874       834,116
  Tractor Supply Co.   2,825,292       821,962
* Lululemon Athletica Inc.   3,012,146       817,346
* NVR Inc.      80,457       789,428
  PulteGroup Inc.   5,436,595       780,315
  Garmin Ltd.   4,027,696       708,995
* Deckers Outdoor Corp.   3,993,813       636,814
  Best Buy Co. Inc.   5,141,559       531,123
  Genuine Parts Co.   3,649,124       509,710
  Darden Restaurants Inc.   3,103,402       509,361
* Aptiv plc   6,961,914       501,327
* Carnival Corp.  26,460,503       488,990
* Ulta Beauty Inc.   1,249,763       486,308

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
* Expedia Group Inc.   3,265,571       483,370
  Las Vegas Sands Corp.   9,260,634       466,180
  Domino's Pizza Inc.     916,126       394,062
  Pool Corp.   1,002,034       377,566
* CarMax Inc.   4,088,534       316,371
  Tapestry Inc.   6,030,155       283,297
  LKQ Corp.   6,895,915       275,285
  Hasbro Inc.   3,432,417       248,232
* Caesars Entertainment Inc.   5,666,465       236,518
* MGM Resorts International   6,050,264       236,505
* Norwegian Cruise Line Holdings Ltd.  11,516,402       236,201
  Wynn Resorts Ltd.   2,449,770       234,884
* Mohawk Industries Inc.   1,372,295       220,500
  BorgWarner Inc. (XNYS)   5,965,843       216,500
  Ralph Lauren Corp.   1,049,273       203,423
  Bath & Body Works Inc.         720            23
                128,782,492
Consumer Staples (5.9%)
  Procter & Gamble Co.  61,661,761    10,679,817
  Costco Wholesale Corp.  11,612,550    10,294,758
  Walmart Inc. 113,754,999     9,185,716
  Coca-Cola Co. 101,600,911     7,301,041
  PepsiCo Inc.  35,978,841     6,118,202
  Philip Morris International Inc.  40,725,347     4,944,057
  Mondelez International Inc. Class A  34,990,021     2,577,715
  Altria Group Inc.  44,693,644     2,281,164
  Colgate-Palmolive Co.  21,402,703     2,221,815
  Target Corp.  12,118,203     1,888,743
  Kimberly-Clark Corp.   8,821,782     1,255,163
  Kenvue Inc.  50,166,080     1,160,341
  General Mills Inc.  14,580,829     1,076,794
  Constellation Brands Inc. Class A   4,104,543     1,057,700
  Keurig Dr Pepper Inc.  27,704,027     1,038,347
  Sysco Corp.  12,881,459     1,005,527
* Monster Beverage Corp.  18,473,861       963,781
  Kroger Co.  16,394,559       939,408
  Kraft Heinz Co.  23,105,377       811,230
  Archer-Daniels-Midland Co.  12,526,479       748,332
  Hershey Co.   3,867,953       741,796
  Church & Dwight Co. Inc.   6,412,333       671,500
  Estee Lauder Cos. Inc. Class A   6,103,884       608,496
  Kellanova   7,026,358       567,097
  McCormick & Co. Inc.   6,601,386       543,294
  Clorox Co.   3,244,303       528,529
  Dollar General Corp.   5,759,582       487,088
  Tyson Foods Inc. Class A   7,486,451       445,893
  Conagra Brands Inc.  12,548,000       408,061
* Dollar Tree Inc.   5,293,220       372,219
  Bunge Global SA   3,710,652       358,597
  J M Smucker Co.   2,787,785       337,601
  Molson Coors Beverage Co. Class B   4,602,861       264,757
  Campbell Soup Co.   5,161,158       252,484
  Lamb Weston Holdings Inc.   3,763,081       243,622
  Hormel Foods Corp.   7,611,620       241,288
  Brown-Forman Corp. Class B   4,801,172       236,218
  Walgreens Boots Alliance Inc.  18,767,756       168,159
                 75,026,350
Energy (3.3%)
  Exxon Mobil Corp. 116,380,514    13,642,124
  Chevron Corp.  44,554,413     6,561,528
  ConocoPhillips  30,418,308     3,202,439
  EOG Resources Inc.  14,894,181     1,830,942
  Schlumberger NV  37,196,090     1,560,376
  Williams Cos. Inc.  31,927,966     1,457,512
  Phillips 66  10,964,443     1,441,276
  Marathon Petroleum Corp.   8,768,943     1,428,549
  ONEOK Inc.  15,298,948     1,394,193
  Valero Energy Corp.   8,392,644     1,133,259
  Kinder Morgan Inc.  50,577,779     1,117,263

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
  Hess Corp.   7,239,762       983,160
  Baker Hughes Co.  26,021,941       940,693
  Occidental Petroleum Corp.  17,636,592       908,990
  Targa Resources Corp.   5,738,875       849,411
  Diamondback Energy Inc.   4,907,211       846,003
  Halliburton Co.  23,124,531       671,768
  Devon Energy Corp.  16,403,351       641,699
  EQT Corp.  15,559,522       570,101
  Coterra Energy Inc.  19,365,141       463,795
  Marathon Oil Corp.  14,652,768       390,203
  APA Corp.   9,687,167       236,948
                 42,272,232
Financials (12.9%)
* Berkshire Hathaway Inc. Class B  47,977,519    22,082,133
  JPMorgan Chase & Co.  74,528,418    15,715,062
  Visa Inc. Class A  43,490,749    11,957,782
  Mastercard Inc. Class A  21,610,422    10,671,226
  Bank of America Corp. 176,835,379     7,016,828
  Wells Fargo & Co.  89,168,934     5,037,153
  S&P Global Inc.   8,387,406     4,333,102
  American Express Co.  14,711,406     3,989,733
  Goldman Sachs Group Inc.   8,026,682     3,974,091
  Progressive Corp.  15,340,592     3,892,829
  BlackRock Inc.   3,647,115     3,462,972
  Morgan Stanley  32,629,834     3,401,334
  Citigroup Inc.  48,971,683     3,065,627
  Blackstone Inc.  18,860,119     2,888,050
  Marsh & McLennan Cos. Inc.  12,880,911     2,873,602
  Chubb Ltd.   9,844,271     2,838,989
* Fiserv Inc.  15,081,749     2,709,436
  Charles Schwab Corp.  39,129,873     2,536,007
  Intercontinental Exchange Inc.  15,038,830     2,415,838
  KKR & Co. Inc.  17,664,307     2,306,605
* PayPal Holdings Inc.  26,781,824     2,089,786
  CME Group Inc.   9,431,762     2,081,118
  Aon plc Class A (XNYS)   5,690,076     1,968,709
  Moody's Corp.   4,101,975     1,946,756
  PNC Financial Services Group Inc.  10,411,952     1,924,649
  US Bancorp  40,873,982     1,869,167
  Arthur J Gallagher & Co.   5,738,826     1,614,734
  Truist Financial Corp.  35,076,655     1,500,229
  Capital One Financial Corp.  10,002,362     1,497,654
  Aflac Inc.  13,203,796     1,476,184
  Travelers Cos. Inc.   5,970,656     1,397,850
  Bank of New York Mellon Corp.  19,331,198     1,389,140
  Allstate Corp.   6,915,979     1,311,615
  MetLife Inc.  15,409,982     1,271,015
  American International Group Inc.  16,870,519     1,235,428
  Ameriprise Financial Inc.   2,571,865     1,208,288
  MSCI Inc.   2,060,504     1,201,130
  Fidelity National Information Services Inc.  14,291,845     1,196,942
  Prudential Financial Inc.   9,351,287     1,132,441
* Arch Capital Group Ltd.   9,809,995     1,097,542
  Discover Financial Services   6,576,731       922,650
  Hartford Financial Services Group Inc.   7,675,346       902,698
  Nasdaq Inc.  10,839,286       791,376
  Willis Towers Watson plc   2,660,042       783,462
  M&T Bank Corp.   4,374,635       779,210
  Fifth Third Bancorp  17,728,707       759,498
  State Street Corp.   7,822,125       692,023
  Brown & Brown Inc.   6,202,037       642,531
  T Rowe Price Group Inc.   5,830,834       635,153
  Raymond James Financial Inc.   4,855,257       594,575
* Corpay Inc.   1,818,611       568,789
  Cboe Global Markets Inc.   2,741,025       561,554
  Huntington Bancshares Inc.  38,043,251       559,236
  Regions Financial Corp.  23,970,089       559,222
  Cincinnati Financial Corp.   4,092,811       557,113
  Global Payments Inc.   5,384,841       551,515

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
  Synchrony Financial  10,353,515       516,433
  Citizens Financial Group Inc.  11,743,281       482,297
  Principal Financial Group Inc.   5,581,071       479,414
  Northern Trust Corp.   5,282,019       475,540
  FactSet Research Systems Inc.     996,323       458,159
  W R Berkley Corp.   7,874,909       446,744
  Everest Group Ltd.   1,133,530       444,151
  KeyCorp.  24,312,862       407,241
  Loews Corp.   4,772,445       377,262
  Erie Indemnity Co. Class A     649,551       350,641
  Jack Henry & Associates Inc.   1,909,460       337,096
  Assurant Inc.   1,356,599       269,773
  MarketAxess Holdings Inc.     988,744       253,316
  Globe Life Inc.   2,351,995       249,100
  Invesco Ltd.  11,787,181       206,983
  Franklin Resources Inc.   8,081,051       162,833
                164,356,364
Health Care (11.6%)
  Eli Lilly & Co.  20,664,177    18,307,221
  UnitedHealth Group Inc.  24,187,193    14,141,768
  Johnson & Johnson  63,053,863    10,218,509
  AbbVie Inc.  46,266,602     9,136,729
  Merck & Co. Inc.  66,395,169     7,539,835
  Thermo Fisher Scientific Inc.  10,005,476     6,189,087
  Abbott Laboratories  45,573,785     5,195,867
  Danaher Corp.  16,838,474     4,681,433
* Intuitive Surgical Inc.   9,291,078     4,564,428
  Amgen Inc.  14,074,585     4,534,972
  Pfizer Inc. 148,430,246     4,295,571
  Stryker Corp.   8,980,158     3,244,172
* Boston Scientific Corp.  38,572,698     3,232,392
  Elevance Health Inc.   6,074,189     3,158,578
* Vertex Pharmaceuticals Inc.   6,760,882     3,144,351
  Medtronic plc  33,601,965     3,025,185
* Regeneron Pharmaceuticals Inc.   2,779,545     2,921,969
  Bristol-Myers Squibb Co.  53,104,173     2,747,610
  Gilead Sciences Inc.  32,610,988     2,734,105
  Cigna Group   7,323,227     2,537,059
  Zoetis Inc.  11,867,619     2,318,695
  CVS Health Corp.  32,950,264     2,071,913
  HCA Healthcare Inc.   4,868,025     1,978,511
  Becton Dickinson & Co.   7,570,697     1,825,295
  McKesson Corp.   3,397,018     1,679,554
  Agilent Technologies Inc.   7,642,405     1,134,744
  GE HealthCare Technologies Inc.  11,961,264     1,122,565
* IDEXX Laboratories Inc.   2,156,264     1,089,388
* IQVIA Holdings Inc.   4,537,732     1,075,306
* Edwards Lifesciences Corp.  15,778,842     1,041,246
* Centene Corp.  13,779,696     1,037,335
  Cencora Inc.   4,568,085     1,028,185
  Humana Inc.   3,153,703       998,904
  ResMed Inc.   3,848,513       939,499
* Mettler-Toledo International Inc.     555,792       833,521
* Biogen Inc.   3,815,282       739,554
  Cardinal Health Inc.   6,387,434       705,939
* DexCom Inc.  10,499,425       703,881
  STERIS plc   2,583,062       626,496
* Moderna Inc.   8,859,610       592,088
  Zimmer Biomet Holdings Inc.   5,334,487       575,858
* Cooper Cos. Inc.   5,215,330       575,459
  West Pharmaceutical Services Inc.   1,900,079       570,328
* Waters Corp.   1,554,780       559,550
* Molina Healthcare Inc.   1,534,926       528,874
  Baxter International Inc.  13,362,674       507,381
* Hologic Inc.   6,084,177       495,617
  Labcorp Holdings Inc.   2,199,284       491,496
* Align Technology Inc.   1,839,098       467,719
  Quest Diagnostics Inc.   2,915,692       452,661
* Insulet Corp.   1,836,494       427,444

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
  Revvity Inc.   3,230,613       412,711
  Viatris Inc.  31,262,372       362,956
  Universal Health Services Inc. Class B   1,557,402       356,661
  Bio-Techne Corp.   4,127,147       329,883
  Teleflex Inc.   1,234,085       305,214
* Catalent Inc.   4,740,620       287,139
* Incyte Corp.   4,186,956       276,758
* Charles River Laboratories International Inc.   1,352,307       266,364
* Solventum Corp.   3,619,036       252,319
* Henry Schein Inc.   3,319,242       241,973
* DaVita Inc.   1,208,752       198,151
*,2 ABIOMED Inc. CVR         180            —
                148,035,976
Industrials (8.5%)
  General Electric Co.  28,403,062     5,356,249
  Caterpillar Inc.  12,701,824     4,967,937
  RTX Corp.  34,843,488     4,221,637
* Uber Technologies Inc.  55,029,113     4,135,988
  Union Pacific Corp.  15,957,052     3,933,094
  Honeywell International Inc.  17,056,745     3,525,800
  Eaton Corp. plc  10,427,771     3,456,180
  Lockheed Martin Corp.   5,556,529     3,248,125
  Automatic Data Processing Inc.  10,681,697     2,955,946
  Deere & Co.   6,713,164     2,801,605
  United Parcel Service Inc. Class B (XNYS)  19,186,375     2,615,870
* Boeing Co.  15,331,494     2,331,000
  Trane Technologies plc   5,911,330     2,297,911
  Parker-Hannifin Corp.   3,366,807     2,127,216
  TransDigm Group Inc.   1,469,654     2,097,387
  General Dynamics Corp.   6,750,159     2,039,898
  Waste Management Inc.   9,565,949     1,985,891
  3M Co.  14,389,945     1,967,106
  Northrop Grumman Corp.   3,601,171     1,901,670
  Illinois Tool Works Inc.   7,077,137     1,854,705
  Cintas Corp.   8,974,462     1,847,662
* GE Vernova Inc.   7,197,781     1,835,290
  Carrier Global Corp.  21,990,637     1,770,026
  CSX Corp.  50,784,756     1,753,598
  Emerson Electric Co.  15,000,497     1,640,604
  FedEx Corp.   5,903,406     1,615,644
  Norfolk Southern Corp.   5,922,474     1,471,735
  United Rentals Inc.   1,744,141     1,412,283
  Johnson Controls International plc  17,498,167     1,358,033
  PACCAR Inc.  13,731,153     1,354,990
  WW Grainger Inc.   1,163,765     1,208,931
* Copart Inc.  22,937,019     1,201,900
  L3Harris Technologies Inc.   4,968,912     1,181,955
  Cummins Inc.   3,589,539     1,162,257
  Quanta Services Inc.   3,858,989     1,150,558
  Paychex Inc.   8,395,533     1,126,597
  Otis Worldwide Corp.  10,492,665     1,090,608
  Republic Services Inc.   5,347,496     1,073,991
  Howmet Aerospace Inc.  10,687,746     1,071,447
  Fastenal Co.  14,999,668     1,071,276
  AMETEK Inc.   6,064,548     1,041,344
  Ingersoll Rand Inc. (XYNS)  10,568,304     1,037,385
  Verisk Analytics Inc.   3,730,475       999,618
  Old Dominion Freight Line Inc.   4,938,270       980,938
  Equifax Inc.   3,240,991       952,398
  Xylem Inc.   6,361,967       859,056
  Delta Air Lines Inc.  16,797,370       853,138
  Westinghouse Air Brake Technologies Corp.   4,588,558       834,062
  Rockwell Automation Inc.   2,971,982       797,858
* Axon Enterprise Inc.   1,879,990       751,244
  Fortive Corp.   9,176,860       724,330
  Veralto Corp.   6,468,550       723,572
  Dover Corp.   3,600,895       690,436
  Broadridge Financial Solutions Inc.   3,056,965       657,339
  Hubbell Inc.   1,406,164       602,330

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
* Builders FirstSource Inc.   3,050,843       591,436
  Leidos Holdings Inc.   3,528,632       575,167
* United Airlines Holdings Inc.   8,613,473       491,485
  Expeditors International of Washington Inc.   3,696,993       485,785
  Masco Corp.   5,717,035       479,888
  Southwest Airlines Co.  15,693,926       465,011
  Stanley Black & Decker Inc.   4,032,628       444,113
  Textron Inc.   4,908,104       434,760
  Jacobs Solutions Inc.   3,279,693       429,312
  IDEX Corp.   1,982,907       425,334
  Pentair plc   4,334,759       423,896
  Snap-on Inc.   1,380,035       399,810
  Nordson Corp.   1,425,077       374,268
  Rollins Inc.   7,357,980       372,167
  JB Hunt Transport Services Inc.   2,110,304       363,669
  CH Robinson Worldwide Inc.   3,071,992       339,056
  Allegion plc   2,282,185       332,606
  A O Smith Corp.   3,142,056       282,251
  Huntington Ingalls Industries Inc.   1,027,196       271,570
*,1 Dayforce Inc.   4,140,971       253,634
* Generac Holdings Inc.   1,576,043       250,402
  Paycom Software Inc.   1,274,572       212,305
* Amentum Holdings Inc.   3,279,693       105,770
                108,529,343
Information Technology (31.7%)
  Apple Inc. 398,131,755    92,764,699
  Microsoft Corp. 194,696,721    83,777,999
  NVIDIA Corp. 644,357,896    78,250,823
  Broadcom Inc. 121,883,218    21,024,855
  Oracle Corp.  41,867,143     7,134,161
* Advanced Micro Devices Inc.  42,393,254     6,955,885
  Salesforce Inc.  25,382,132     6,947,343
* Adobe Inc.  11,614,892     6,013,959
  Accenture plc Class A  16,407,644     5,799,774
  Cisco Systems Inc. 105,531,413     5,616,382
  International Business Machines Corp.  24,127,644     5,334,140
  QUALCOMM Inc.  29,180,150     4,962,084
  Texas Instruments Inc.  23,915,478     4,940,220
* ServiceNow Inc.   5,395,704     4,825,864
  Intuit Inc.   7,322,608     4,547,340
  Applied Materials Inc.  21,687,807     4,382,021
  Micron Technology Inc.  29,044,301     3,012,184
  Analog Devices Inc.  12,997,733     2,991,688
* Palo Alto Networks Inc.   8,481,148     2,898,856
  Lam Research Corp.   3,415,330     2,787,182
  KLA Corp.   3,521,016     2,726,710
  Intel Corp. 111,765,660     2,622,022
* Arista Networks Inc.   6,746,825     2,589,566
  Amphenol Corp. Class A  31,544,430     2,055,435
* Synopsys Inc.   4,013,134     2,032,211
  Motorola Solutions Inc.   4,370,483     1,965,100
* Palantir Technologies Inc. Class A  52,451,146     1,951,183
* Cadence Design Systems Inc.   7,171,998     1,943,827
* Crowdstrike Holdings Inc. Class A   6,047,476     1,696,136
  NXP Semiconductors NV   6,672,629     1,601,498
  Roper Technologies Inc.   2,807,823     1,562,385
* Autodesk Inc.   5,643,230     1,554,597
* Fortinet Inc.  16,629,188     1,289,593
* Fair Isaac Corp.     642,265     1,248,255
  TE Connectivity plc   7,960,011     1,201,882
  Monolithic Power Systems Inc.   1,276,913     1,180,506
  Microchip Technology Inc.  14,053,508     1,128,356
* Gartner Inc.   2,018,373     1,022,831
  Cognizant Technology Solutions Corp. Class A  12,983,107     1,002,036
  HP Inc.  25,614,691       918,799
  Corning Inc.  20,172,708       910,798
  Dell Technologies Inc. Class C   7,492,795       888,196
* ON Semiconductor Corp.  11,220,671       814,733
  CDW Corp.   3,499,138       791,855

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
* ANSYS Inc.   2,288,922       729,319
* Keysight Technologies Inc.   4,572,043       726,635
* First Solar Inc.   2,803,842       699,390
  Hewlett Packard Enterprise Co.  34,043,283       696,526
  NetApp Inc.   5,384,258       665,010
* Tyler Technologies Inc.   1,117,778       652,469
  Seagate Technology Holdings plc   5,498,001       602,196
* Western Digital Corp.   8,552,521       584,052
* GoDaddy Inc. Class A   3,692,928       578,977
  Teradyne Inc.   4,273,375       572,333
* PTC Inc.   3,146,712       568,485
*,1 Super Micro Computer Inc.   1,318,947       549,210
* Teledyne Technologies Inc.   1,225,460       536,335
* Zebra Technologies Corp. Class A   1,351,032       500,314
* VeriSign Inc.   2,199,084       417,738
  Skyworks Solutions Inc.   4,183,864       413,240
* Enphase Energy Inc.   3,547,114       400,895
* Akamai Technologies Inc.   3,969,299       400,701
* Trimble Inc.   6,396,925       397,185
  Gen Digital Inc. (XNGS)  14,189,632       389,222
  Jabil Inc.   2,972,475       356,192
* F5 Inc.   1,526,616       336,161
  Juniper Networks Inc.   8,621,634       336,071
* EPAM Systems Inc.   1,491,757       296,904
* Qorvo Inc.   2,484,702       256,670
* Super Micro Computer Inc. (XNGS)         168            70
                404,328,269
Materials (2.2%)
  Linde plc  12,591,200     6,004,240
  Sherwin-Williams Co.   6,079,246     2,320,266
  Freeport-McMoRan Inc.  37,635,926     1,878,785
  Air Products and Chemicals Inc.   5,823,432     1,733,869
  Ecolab Inc.   6,633,528     1,693,739
  Newmont Corp. (XNYS)  30,055,665     1,606,475
  Corteva Inc.  18,133,307     1,066,057
  Dow Inc.  18,360,864     1,003,054
  DuPont de Nemours Inc.  10,935,703       974,480
  Nucor Corp.   6,217,048       934,671
  Vulcan Materials Co.   3,459,053       866,251
  Martin Marietta Materials Inc.   1,600,899       861,684
  PPG Industries Inc.   6,111,136       809,481
  International Flavors & Fragrances Inc.   6,696,845       702,700
  LyondellBasell Industries NV Class A   6,811,436       653,217
  Smurfit WestRock plc  12,927,316       638,868
  Ball Corp.   7,952,253       540,037
  Packaging Corp. of America   2,335,378       503,040
  Steel Dynamics Inc.   3,759,223       473,963
  Avery Dennison Corp.   2,109,031       465,590
  International Paper Co.   9,098,914       444,482
  Amcor plc  37,858,148       428,933
  CF Industries Holdings Inc.   4,725,944       405,486
  Celanese Corp.   2,860,340       388,892
  Eastman Chemical Co.   3,062,003       342,791
  Albemarle Corp.   3,078,447       291,560
  Mosaic Co.   8,346,447       223,518
  FMC Corp.   3,269,445       215,587
                 28,471,716
Real Estate (2.3%)
  Prologis Inc.  24,252,535     3,062,610
  American Tower Corp.  12,234,580     2,845,274
  Equinix Inc.   2,486,836     2,207,390
  Welltower Inc.  15,161,003     1,941,063
  Public Storage   4,125,776     1,501,246
  Realty Income Corp.  22,810,601     1,446,648
  Simon Property Group Inc.   8,030,518     1,357,318
  Crown Castle Inc.  11,382,881     1,350,351
  Digital Realty Trust Inc.   8,063,851     1,304,973
  Extra Space Storage Inc.   5,550,979     1,000,231
* CBRE Group Inc. Class A   7,889,553       982,092

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
  Iron Mountain Inc.   7,683,256       913,001
  VICI Properties Inc.  25,577,930       852,001
  AvalonBay Communities Inc.   3,720,110       837,955
* CoStar Group Inc.  10,734,544       809,814
  Ventas Inc.  10,820,968       693,949
  SBA Communications Corp.   2,814,915       677,550
  Equity Residential   8,936,842       665,437
  Weyerhaeuser Co.  19,050,608       645,054
  Invitation Homes Inc.  14,923,215       526,193
  Essex Property Trust Inc.   1,682,285       496,981
  Mid-America Apartment Communities Inc.   3,061,286       486,438
  Alexandria Real Estate Equities Inc.   4,078,178       484,284
  Healthpeak Properties Inc.  18,434,202       421,590
  Kimco Realty Corp.  17,656,473       409,983
  UDR Inc.   7,861,954       356,461
  Camden Property Trust   2,793,050       345,025
  Host Hotels & Resorts Inc.  18,399,495       323,831
  Regency Centers Corp.   4,278,840       309,061
  BXP Inc.   3,806,149       306,243
  Federal Realty Investment Trust   1,971,732       226,690
                 29,786,737
Utilities (2.5%)
  NextEra Energy Inc.  53,815,488     4,549,023
  Southern Co.  28,640,577     2,582,807
  Duke Energy Corp.  20,221,164     2,331,500
  Constellation Energy Corp.   8,190,680     2,129,741
  American Electric Power Co. Inc.  13,937,123     1,429,949
  Sempra  16,584,224     1,386,939
  Dominion Energy Inc.  21,974,431     1,269,902
  Public Service Enterprise Group Inc.  13,048,641     1,164,069
  PG&E Corp.  55,987,255     1,106,868
  Vistra Corp.   8,996,487     1,066,444
  Exelon Corp.  26,193,601     1,062,150
  Xcel Energy Inc.  14,602,359       953,534
  Consolidated Edison Inc.   9,058,851       943,298
  Edison International  10,114,990       880,914
  WEC Energy Group Inc.   8,278,852       796,260
  American Water Works Co. Inc.   5,103,882       746,392
  Entergy Corp.   5,600,164       737,038
  DTE Energy Co.   5,422,839       696,347
  PPL Corp.  19,323,917       639,235
  Eversource Energy   9,360,224       636,963
  Ameren Corp.   6,988,612       611,224
  FirstEnergy Corp.  13,427,178       595,495
  Atmos Energy Corp.   4,065,360       563,906
  CMS Energy Corp.   7,825,002       552,680
  CenterPoint Energy Inc.  17,069,013       502,170
  NRG Energy Inc.   5,406,120       492,498
  Alliant Energy Corp.   6,718,431       407,742
  NiSource Inc.  11,748,255       407,077
  Evergy Inc.   6,024,622       373,587
  AES Corp.  18,621,371       373,545
  Pinnacle West Capital Corp.   2,974,469       263,508
                 32,252,805
Total Common Stocks (Cost $718,066,620) 1,274,899,287

Vanguard® 500 Index Fund
    Shares Market
Value
($000)
Temporary Cash Investments (0.2%)
Money Market Fund (0.2%)
3,4 Vanguard Market Liquidity Fund, 5.014% (Cost$2,967,120) 29,671,792          2,967,179
Total Investments (100.0%) (Cost $721,033,740) 1,277,866,466
Other Assets and Liabilities—Net (0.0%) (481,375)
Net Assets (100%) 1,277,385,091
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 $20,441,000.
2 Security value determined using significant unobservable inputs.
3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
4 Collateral of $22,078,000 was received for securities on loan.
  CVR—Contingent Value Rights.
  

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 S&P 500 Index December 2024 7,046 2,048,360 9,182
    
Over-the-Counter Total Return Swaps
Reference Entity Termination
Date
Counterparty Notional
Amount
($000)
Floating
Interest Rate
Received
(Paid)1
(%)
Value and
Unrealized
Appreciation
($000)
Value and
Unrealized
(Depreciation)
($000)
Citigroup Inc. 8/31/26 BANA 62,600 (5.581) (47)
Global Payments Inc. 8/29/25 BANA 131,098 (5.875) (329)
Goldman Sachs Group Inc. 8/29/25 BANA 72,286 (5.825) 100
Goldman Sachs Group Inc. 8/29/25 BANA 49,511 (5.798) (196)
Kroger Co. 1/31/25 GSI 56,190 (4.934) 991
VICI Properties Inc. 8/29/25 BANA 61,624 (5.875) 517
Visa Inc. Class A 8/29/25 BANA 68,737 (5.125) (145)
          1,608 (717)
1 Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly.
  BANA—Bank of America, N.A.
  GSI—Goldman Sachs International.
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.

Vanguard® 500 Index Fund
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks or indexes in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
D. 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.
The following table summarizes the market value of the fund’s investments and derivatives as of September 30, 2024, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 1,274,899,287 1,274,899,287
Temporary Cash Investments 2,967,179 2,967,179
Total 1,277,866,466 1,277,866,466
Derivative Financial Instruments        
Assets        
Futures Contracts1 9,182 9,182
Swap Contracts 1,608 1,608
Total 9,182 1,608 10,790
Liabilities        
Swap Contracts (717) (717)
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.