NPORT-EX 2 vg_spsmcap600grwthindx.htm
Vanguard® S&P Small-Cap 600 Growth Index Fund
Schedule of Investments (unaudited)
As of May 31, 2022
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 (1.5%)
* TechTarget Inc.  30,236   2,149
  Cogent Communications Holdings Inc.  32,225   1,946
* Cinemark Holdings Inc.  62,763   1,066
* Gogo Inc.  37,259     755
* Thryv Holdings Inc.  19,248     504
* EW Scripps Co. Class A  29,804     473
* Cars.com Inc.  35,869     371
* Gannett Co. Inc.  61,770     243
            7,507
Consumer Discretionary (12.1%)
  Signet Jewelers Ltd.  59,663   3,556
* Boot Barn Holdings Inc.  33,639   2,715
* Gentherm Inc. 37,677 2,597
  Installed Building Products Inc. 26,608 2,542
* Vista Outdoor Inc. 63,786 2,458
* LGI Homes Inc. 24,217 2,373
  LCI Industries 19,198 2,295
* Dorman Products Inc. 21,623 2,185
  Steven Madden Ltd. 58,120 2,161
* Cavco Industries Inc. 9,662 2,147
* Asbury Automotive Group Inc. 11,804 2,138
  Academy Sports & Outdoors Inc. 58,631 1,965
  Century Communities Inc. 33,685 1,831
* Meritage Homes Corp. 19,882 1,696
  Shutterstock Inc. 26,376 1,588
* Sonos Inc. 70,896 1,569
  Sturm Ruger & Co. Inc. 19,948 1,354
* Shake Shack Inc. Class A 24,406 1,187
* Sleep Number Corp. 25,674 1,179
  Jack in the Box Inc. 16,509 1,128
  Kontoor Brands Inc. 27,504 1,102
  Buckle Inc. 33,295 1,094
  Oxford Industries Inc. 11,520 1,050
* MarineMax Inc. 24,848 1,029
* Monarch Casino & Resort Inc. 14,870 1,009
* XPEL Inc. 18,783 970
  Winnebago Industries Inc. 19,276 953
  Wolverine World Wide Inc. 42,955 917
  Rent-A-Center Inc. 32,908 906
* Sally Beauty Holdings Inc. 54,909 832
* iRobot Corp. 16,809 800

          Shares Market
Value
($000)
  Dine Brands Global Inc.  10,541     775
  Monro Inc.  16,352     775
* Dave & Buster's Entertainment Inc.  19,765     749
  Hibbett Inc.  14,585     740
* Children's Place Inc.  15,466     734
* Golden Entertainment Inc.  15,450     731
  Patrick Industries Inc.  11,974     720
  Movado Group Inc.  18,583     631
* Abercrombie & Fitch Co. Class A  30,102     615
  Shoe Carnival Inc.  19,793     540
* Genesco Inc.   7,509     423
* Liquidity Services Inc.  30,390     412
            59,171
Consumer Staples (5.1%)
* Simply Good Foods Co. 95,916 3,833
  Coca-Cola Consolidated Inc. 5,263 2,974
* Celsius Holdings Inc. 43,310 2,906
* United Natural Foods Inc. 65,853 2,793
  Medifast Inc. 13,169 2,196
  Vector Group Ltd. 148,367 1,826
  WD-40 Co. 9,000 1,699
  Inter Parfums Inc. 20,150 1,487
* elf Beauty Inc. 54,369 1,447
  MGP Ingredients Inc. 14,195 1,375
  J & J Snack Foods Corp. 7,435 953
  National Beverage Corp. 15,079 748
* USANA Health Sciences Inc. 8,872 624
  Tootsie Roll Industries Inc. 10,101 334
            25,195
Energy (5.4%)
* Southwestern Energy Co. 808,577 7,374
  SM Energy Co. 137,719 6,648
  Civitas Resources Inc. 81,712 6,239
* Callon Petroleum Co. 53,567 3,131
* Ranger Oil Corp. 23,901 1,023
* Laredo Petroleum Inc. 10,889 916
  Core Laboratories NV 22,065 622
  Dorian LPG Ltd. 31,509 536
            26,489
Financials (15.5%)
  ServisFirst Bancshares Inc. 55,339 4,613
  Walker & Dunlop Inc. 33,419 3,553
  First Bancorp 228,818 3,416
* Trupanion Inc. 38,904 2,602
  United Community Banks Inc. 76,034 2,390
* Axos Financial Inc. 60,714 2,347
  Flagstar Bancorp Inc. 60,316 2,324
  Piper Sandler Cos. 15,987 2,107
  Lakeland Financial Corp. 28,687 2,070
  Assured Guaranty Ltd. 33,244 1,956
* Triumph Bancorp Inc. 26,812 1,950
  Ameris Bancorp 42,747 1,949
  Veritex Holdings Inc. 55,969 1,929
  Independent Bank Corp. (Massachusetts) 22,523 1,876
  Community Bank System Inc. 28,099 1,854
* Palomar Holdings Inc. 27,374 1,701
  Virtus Investment Partners Inc. 8,087 1,558

          Shares Market
Value
($000)
  Pacific Premier Bancorp Inc.  47,074   1,533
* Customers Bancorp Inc.  34,327   1,418
  Meta Financial Group Inc.  33,840   1,407
  WSFS Financial Corp.  32,662   1,397
* Bancorp Inc.  65,044   1,355
  Redwood Trust Inc. 129,973   1,326
  Park National Corp.  10,310   1,275
* Enova International Inc.  38,713   1,223
  Seacoast Banking Corp. of Florida  34,487   1,181
  Eagle Bancorp Inc.  21,364   1,059
1 Hilltop Holdings Inc.  35,149   1,055
  Preferred Bank  15,306   1,049
  BancFirst Corp.  11,367   1,031
* Donnelley Financial Solutions Inc.  33,067   1,029
  B. Riley Financial Inc. 18,244 992
  Banner Corp. 16,690 970
  Southside Bancshares Inc. 23,105 932
  HomeStreet Inc. 22,764 918
  Provident Financial Services Inc. 39,806 915
  Stewart Information Services Corp. 14,938 829
* Encore Capital Group Inc. 13,500 825
  First Commonwealth Financial Corp. 58,723 823
  FB Financial Corp. 19,409 816
  Brightsphere Investment Group Inc. 39,712 810
  National Bank Holdings Corp. Class A 19,693 802
  OFG Bancorp 28,131 797
  First Bancorp (XNGS) 19,584 734
* World Acceptance Corp. 4,676 692
  City Holding Co. 8,224 675
  HCI Group Inc. 9,064 616
  Dime Community Bancshares Inc. 17,802 560
  Brookline Bancorp Inc. 38,694 548
  Banc of California Inc. 27,676 532
  Central Pacific Financial Corp. 19,525 471
  WisdomTree Investments Inc. 76,891 457
  Hanmi Financial Corp. 19,397 453
  Tompkins Financial Corp. 5,951 453
* Blucora Inc. 24,167 427
  Ellington Financial Inc. 27,300 423
  KKR Real Estate Finance Trust Inc. 19,791 404
  Northfield Bancorp Inc. 28,463 378
* Selectquote Inc. 69,450 203
  Greenhill & Co. Inc. 15,129 186
            76,174
Health Care (14.8%)
* Omnicell Inc. 49,826 5,539
* AMN Healthcare Services Inc. 53,602 5,194
* Cytokinetics Inc. 95,105 3,795
* Lantheus Holdings Inc. 45,283 3,103
  Ensign Group Inc. 32,044 2,601
  CONMED Corp. 21,224 2,468
* Vir Biotechnology Inc. 83,095 2,145
* Merit Medical Systems Inc. 32,842 2,016
* Pacira BioSciences Inc. 30,805 1,948
* Ligand Pharmaceuticals Inc. 18,944 1,684
* Prestige Consumer Healthcare Inc. 30,162 1,684
* Supernus Pharmaceuticals Inc. 60,289 1,680
* Apollo Medical Holdings Inc. 42,828 1,608

          Shares Market
Value
($000)
* CorVel Corp.  10,649   1,588
* Dynavax Technologies Corp. 126,468   1,500
* Xencor Inc.  66,286   1,480
* Vericel Corp.  53,072   1,441
* Corcept Therapeutics Inc.  65,930   1,374
* Heska Corp.  12,144   1,212
* Fulgent Genetics Inc.  21,984   1,198
* Glaukos Corp.  27,646   1,129
* RadNet Inc.  52,857   1,085
* Innoviva Inc.  70,901   1,076
* Amphastar Pharmaceuticals Inc.  28,400   1,055
  LeMaitre Vascular Inc.  21,789     996
* Arcus Biosciences Inc.  51,765     981
* Avid Bioservices Inc.  69,797     933
* Allscripts Healthcare Solutions Inc. 54,187 926
* Myriad Genetics Inc. 47,069 906
* Meridian Bioscience Inc. 31,596 869
* AngioDynamics Inc. 43,896 862
* Tivity Health Inc. 23,602 765
* ModivCare Inc. 7,962 760
  US Physical Therapy Inc. 6,585 741
* Community Health Systems Inc. 140,800 738
  Mesa Laboratories Inc. 3,510 735
* Cross Country Healthcare Inc. 40,070 707
* Varex Imaging Corp. 28,737 662
* Addus HomeCare Corp. 7,766 648
* NeoGenomics Inc. 76,770 646
* Harmony Biosciences Holdings Inc. 14,476 631
* Collegium Pharmaceutical Inc. 39,184 612
* uniQure NV 40,900 587
* Coherus Biosciences Inc. 72,219 530
* Cutera Inc. 11,672 525
* OptimizeRx Corp. 20,140 515
  Simulations Plus Inc. 10,739 510
* Enanta Pharmaceuticals Inc. 12,412 496
* BioLife Solutions Inc. 34,069 467
* REGENXBIO Inc. 19,250 405
* Surmodics Inc. 10,242 402
* Organogenesis Holdings Inc. Class A 71,729 402
* Vanda Pharmaceuticals Inc. 40,645 400
* iTeos Therapeutics Inc. 22,822 399
* Cara Therapeutics Inc. 47,459 395
* Nektar Therapeutics 94,672 329
* HealthStream Inc. 15,496 316
* Cardiovascular Systems Inc. 19,228 313
* Pennant Group Inc. 15,684 300
* Eagle Pharmaceuticals Inc. 6,332 296
* Joint Corp. 16,215 270
* ANI Pharmaceuticals Inc. 8,448 256
  Zynex Inc. 25,804 188
* Anika Therapeutics Inc. 8,612 187
* Endo International plc 265,785 140
*,2 Lantheus Holdings Inc. CVR 35,713
            72,349
Industrials (13.9%)
  UFP Industries Inc. 70,170 5,417
  Exponent Inc. 59,087 5,341
  Matson Inc. 47,656 4,283

          Shares Market
Value
($000)
  Korn Ferry  61,697   3,792
  Comfort Systems USA Inc.  40,862   3,666
  Mueller Industries Inc.  65,042   3,503
  Encore Wire Corp.  22,966   2,871
  Forward Air Corp.  30,564   2,848
  John Bean Technologies Corp.  23,051   2,806
  Franklin Electric Co. Inc.  29,627   2,184
  ArcBest Corp.  28,193   2,132
  Applied Industrial Technologies Inc.  18,749   1,939
  Hillenbrand Inc.  44,575   1,865
* Aerojet Rocketdyne Holdings Inc.  44,133   1,798
* MYR Group Inc.  19,125   1,752
  AAON Inc.  31,465   1,686
* NV5 Global Inc.  13,445   1,656
  Boise Cascade Co. 21,404 1,655
  Albany International Corp. Class A 18,356 1,549
  Federal Signal Corp. 42,235 1,482
* GMS Inc. 27,335 1,362
* AeroVironment Inc. 14,126 1,299
  Brady Corp. Class A 25,191 1,222
* Triumph Group Inc. 73,254 1,121
* SPX Corp. 21,624 1,088
  Lindsay Corp. 7,339 925
  Insteel Industries Inc. 22,011 911
  Heidrick & Struggles International Inc. 22,209 768
* Gibraltar Industries Inc. 17,413 727
* Forrester Research Inc. 12,610 660
  Enerpac Tool Group Corp. Class A 32,828 641
  Standex International Corp. 6,663 620
* PGT Innovations Inc. 30,423 611
  Tennant Co. 9,043 563
  Alamo Group Inc. 4,723 556
  Interface Inc. Class A 30,130 434
* Viad Corp. 12,273 370
  Park Aerospace Corp. 9,817 120
            68,223
Information Technology (19.3%)
* Rogers Corp. 21,239 5,636
* Vonage Holdings Corp. 286,281 5,545
* ExlService Holdings Inc. 37,762 5,369
* Onto Innovation Inc. 55,868 4,491
* SPS Commerce Inc. 40,775 4,365
* Diodes Inc. 51,033 3,930
  Kulicke & Soffa Industries Inc. 70,633 3,826
* Perficient Inc. 37,346 3,657
* Fabrinet 41,945 3,644
  Advanced Energy Industries Inc. 42,709 3,479
* Alarm.com Holdings Inc. 52,215 3,302
* MaxLinear Inc. Class A 80,090 3,171
* Rambus Inc. 123,986 3,112
  Progress Software Corp. 50,090 2,420
* Axcelis Technologies Inc. 37,763 2,344
* Viavi Solutions Inc. 161,689 2,340
* FormFactor Inc. 55,851 2,293
  EVERTEC Inc. 45,382 1,722
* Ultra Clean Holdings Inc. 50,898 1,708
  Badger Meter Inc. 21,556 1,706
* 3D Systems Corp. 144,786 1,565

          Shares Market
Value
($000)
* Extreme Networks Inc. 146,487   1,453
  TTEC Holdings Inc.  20,778   1,401
  CSG Systems International Inc.  21,741   1,352
* Veeco Instruments Inc.  57,246   1,227
  InterDigital Inc.  18,083   1,181
* Harmonic Inc. 116,715   1,124
  A10 Networks Inc.  67,693   1,043
  ADTRAN Inc.  55,658   1,031
  Xperi Holding Corp.  61,613   1,014
* Cohu Inc.  32,004     974
* 8x8 Inc. 134,128     972
* CEVA Inc.  26,034     939
* Plantronics Inc.  23,280     919
  Methode Electronics Inc.  18,590     837
* Alpha & Omega Semiconductor Ltd. 18,553 815
* Knowles Corp. 41,649 800
* SMART Global Holdings Inc. 32,436 800
* LivePerson Inc. 47,413 796
  CTS Corp. 18,632 758
* Cerence Inc. 23,087 733
* OSI Systems Inc. 8,017 673
* Agilysys Inc. 13,941 570
* Ichor Holdings Ltd. 18,349 555
* PDF Solutions Inc. 21,380 511
* Unisys Corp. 36,589 436
* Digi International Inc. 18,636 412
* Arlo Technologies Inc. 53,234 377
* FARO Technologies Inc. 9,840 317
* Diebold Nixdorf Inc. 83,107 258
* OneSpan Inc. 19,286 255
* Corsair Gaming Inc. 14,741 237
            94,395
Materials (3.8%)
* Livent Corp. 183,195 5,824
  Balchem Corp. 36,716 4,569
  HB Fuller Co. 27,554 1,958
* Allegheny Technologies Inc. 64,919 1,785
  Quaker Chemical Corp. 8,824 1,380
  Materion Corp. 13,439 1,102
  AdvanSix Inc. 17,221 798
  Myers Industries Inc. 17,663 420
  Hawkins Inc. 11,555 418
  Haynes International Inc. 8,059 308
* Century Aluminum Co. 25,751 304
            18,866
Real Estate (7.0%)
  Innovative Industrial Properties Inc. 30,843 4,104
  Agree Realty Corp. 36,371 2,530
  Tanger Factory Outlet Centers Inc. 117,895 2,064
  NexPoint Residential Trust Inc. 25,768 1,893
  St. Joe Co. 37,383 1,887
  LXP Industrial Trust 160,333 1,853
  SITE Centers Corp. 111,953 1,760
  Uniti Group Inc. 155,249 1,760
  Essential Properties Realty Trust Inc. 71,673 1,640
  Retail Opportunity Investments Corp. 67,472 1,219
  Four Corners Property Trust Inc. 42,967 1,185

          Shares Market
Value
($000)
  Urban Edge Properties  56,174   1,059
  Washington REIT  42,226   1,026
  CareTrust REIT Inc.  51,686     958
  Centerspace  10,883     903
  American Assets Trust Inc.  25,668     875
  Acadia Realty Trust  44,115     867
  iStar Inc.  44,104     767
  Safehold Inc.  16,030     719
  Marcus & Millichap Inc.  15,860     664
  Armada Hoffler Properties Inc.  46,591     642
  RPT Realty  48,717     593
  Community Healthcare Trust Inc.  15,700     592
  Getty Realty Corp.  20,568     575
  Saul Centers Inc.  10,211     501
  Industrial Logistics Properties Trust 30,378 464
  Douglas Elliman Inc. 75,272 433
  Universal Health Realty Income Trust 7,892 424
  Urstadt Biddle Properties Inc. Class A 18,471 325
            34,282
Utilities (1.4%)
  American States Water Co. 27,642 2,191
  California Water Service Group 35,193 1,889
  Chesapeake Utilities Corp. 10,380 1,386
  Middlesex Water Co. 13,687 1,164
            6,630
Total Common Stocks (Cost $502,053) 489,281
      Coupon      
Temporary Cash Investments (0.2%)
Money Market Fund (0.2%)
3,4 Vanguard Market Liquidity Fund
(Cost $1,079)
0.854%   10,788 1,079
Total Investments (100.0%) (Cost $503,132)   490,360
Other Assets and Liabilities—Net (0.0%)   (106)
Net Assets (100%)   490,254
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 $783,000.
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 $809,000 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 2022 10 931 1

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 materially 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 board of trustees to represent fair value. 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.
The following table summarizes the market value of the fund’s investments and derivatives as of May 31, 2022, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 489,281 489,281
Temporary Cash Investments 1,079 1,079
Total 490,360 490,360
Derivative Financial Instruments        
Assets        
Futures Contracts1 1 1
1 Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments.