SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Vanguard Personalized Indexing Management, LLC

CIK 0001767306 · Part of the Vanguard family · 1611 TELEGRAPH AVE, SUITE 1100, OAKLAND, CA, 94612 · 510-462-5230

Reported Value
$10.3B
Q4 2025
Positions
1,975
Filings on Record
29
2019–present window
Filed
Feb 13, 2026
original filing

Summary

Vanguard Personalized Indexing Management, LLC reported $10.3B in U.S.-listed holdings across 1,975 positions for Q4 2025.

Its largest position, NVDA, represents 6.6% of the portfolio.

Compared with Q3 2025, the fund opened 110 new positions and exited 120.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+34.4%
share of reported value
Largest Position
+6.6%
Nvidia Corporation
New / Exited
110 / 120
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’20: $171MQ1 ’20Q2 ’20: $220MQ3 ’20: $356MQ4 ’20: $460MQ1 ’21: $661MQ1 ’21Q2 ’21: $955MQ3 ’21: $1.1BQ4 ’21: $1.7BQ1 ’22: $2.1BQ1 ’22Q2 ’22: $2.2BQ3 ’22: $2.2BQ4 ’22: $2.4BQ1 ’23: $2.9BQ1 ’23Q2 ’23: $3.3BQ3 ’23: $3.3BQ4 ’23: $3.9BQ1 ’24: $4.7BQ1 ’24Q2 ’24: $5.3BQ3 ’24: $6.2BQ4 ’24: $6.6BQ1 ’25: $6.8BQ1 ’25Q2 ’25: $8.9BQ3 ’25: $9.8BQ4 ’25: $10.3BQ1 ’26: $10.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 90.1%ADR: 3.8%Other: 3.6%REIT: 1.5%ETP: 0.8%Other: 0.1%
  • Common Stock · 90.1% · $9.2B
  • ADR · 3.8% · $387M
  • Other · 3.6% · $372M
  • REIT · 1.5% · $156M
  • ETP · 0.8% · $85M
  • Other · 0.1% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TOTALENERGIES SENEW+95.5K95.5K+$6M$6M
ULUNILEVER PLCNEW+83.3K83.3K+$5M$5M
QQNITY ELECTRONICS INCNEW+32.8K32.8K+$3M$3M
SOLSSOLSTICE ADVANCED MATLS INCNEW+21.4K21.4K+$1M$1M
CUSHMAN AND WAKEFIELD LTDNEW+57.0K57.0K+$922,053$922,053
MAGNUM ICE CREAM CO NVNEW+53.2K53.2K+$842,962$842,962
CLEARWATER ANALYTICS HLDGS INEW+20.6K20.6K+$495,787$495,787
ROFKFORCE INCNEW+14.0K14.0K+$432,540$432,540

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM6.62%$678M3.64M
2AAPLAPPLE INChistory →COM6.15%$630M2.32M
3MSFTMICROSOFT CORPhistory →COM5.37%$550M1.14M
4GOOGLALPHABET INChistory →CAP STK CL A · CAP STK CL C5.17%$530M1.69M
5AMZNAMAZON COM INChistory →COM3.13%$321M1.39M
6AVGOBROADCOM INChistory →COM2.68%$275M793.4K
7METAMETA PLATFORMS INChistory →CL A2.08%$213M322.7K
8TSLATESLA INChistory →COM1.73%$177M393.4K
9JPMJPMORGAN CHASE & CO.history →COM1.52%$156M483.5K
10LLYELI LILLY & COhistory →COM1.40%$144M133.8K
11BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.12%$115M228.6K
12VVISA INChistory →COM CL A0.94%$97M275.5K
13WMTWALMART INChistory →COM0.83%$85M763.1K
14MAMASTERCARD INCORPORATEDhistory →CL A0.75%$77M135.5K
15JNJJOHNSON & JOHNSONhistory →COM0.66%$67M325.1K
16ABBVABBVIE INChistory →COM0.65%$67M293.5K
17NFLXNETFLIX INChistory →COM0.64%$66M703.1K
18EXMOCEXXON MOBIL CORPhistory →COM0.63%$65M537.2K
19COSTCOSTCO WHSL CORP NEWhistory →COM0.58%$60M69.2K
20PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.55%$56M315.4K
21ORCLORACLE CORPhistory →COM0.53%$54M278.6K
22BACBANK AMERICA CORPhistory →COM0.50%$51M933.3K
23CSCOCISCO SYS INChistory →COM0.49%$50M651.8K
24AMDADVANCED MICRO DEVICES INChistory →COM0.47%$49M226.7K
25HDHOME DEPOT INChistory →COM0.46%$48M138.3K
26GE AEROSPACECOM NEW0.44%$45M145.5K
27MUMICRON TECHNOLOGY INChistory →COM0.43%$45M156.1K
28CATCATERPILLAR INChistory →COM0.43%$44M76.9K
29MRKMERCK & CO INChistory →COM0.40%$41M385.9K
30PGPROCTER AND GAMBLE COhistory →COM0.38%$39M274.3K
31GSGOLDMAN SACHS GROUP INChistory →COM0.38%$39M44.7K
32IBMINTERNATIONAL BUSINESS MACHShistory →COM0.38%$39M132.0K
33RTXRTX CORPORATIONhistory →COM0.38%$39M212.9K
34WFCWELLS FARGO CO NEWhistory →COM0.38%$38M412.5K
35UNHUNITEDHEALTH GROUP INChistory →COM0.37%$38M116.2K
36LRCXLAM RESEARCH CORPhistory →COM NEW0.36%$37M215.5K
37AMATAPPLIED MATLS INChistory →COM0.36%$37M142.5K
38KOCOCA COLA COhistory →COM0.35%$36M516.5K
39TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS0.35%$36M117.8K
40DWDMORGAN STANLEYhistory →COM NEW0.34%$35M197.4K
41ISRGINTUITIVE SURGICAL INChistory →COM NEW0.33%$34M59.9K
42CHVCHEVRON CORP NEWhistory →COM0.33%$34M222.4K
43AXPAMERICAN EXPRESS COhistory →COM0.33%$34M90.7K
44TJXTJX COS INC NEWhistory →COM0.33%$33M217.7K
45MCDMCDONALDS CORPhistory →COM0.33%$33M109.1K
46APHAMPHENOL CORP NEWhistory →CL A0.32%$33M243.3K
47ABTABBOTT LABShistory →COM0.31%$32M254.7K
484I1PHILIP MORRIS INTL INChistory →COM0.30%$31M194.1K
49CRMSALESFORCE INChistory →COM0.30%$31M116.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$10.2B2,165May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$10.3B1,975Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$9.8B1,985Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$8.9B1,980Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.8B1,840May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.6B1,808Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.2B1,776Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.3B1,692Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.7B1,630May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.9B1,535Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.3B1,481Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.3B1,467Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.9B1,466May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.4B1,279Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.2B1,232Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.2B1,263Aug 12, 2022RESTATEMENTchanges · EDGAR ↗
Q1 2022$2.1B1,210May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.7B1,058Feb 23, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B976Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$955M896Aug 11, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$661M724Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$460M557Jan 20, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$356M470Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$220M350Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$171M269May 13, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.