# Vanguard Personalized Indexing Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1767306. Source: https://holderbook.com/funds/1767306-vanguard-personalized-indexing-management-llc/

- Reported value: $12.2B
- Positions: 2,242
- Weight of the ten largest: 31.0%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $768.1M | 3,838,871 | 6.3% | 26 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $714.2M | 2,468,212 | 5.9% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $442.9M | 1,239,374 | 3.6% | 26 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $412.7M | 1,106,284 | 3.4% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $348.0M | 1,460,229 | 2.9% | 26 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $315.1M | 834,264 | 2.6% | 26 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $208.0M | 180,196 | 1.7% | 25 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $200.3M | 566,892 | 1.6% | 26 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $183.1M | 325,106 | 1.5% | 26 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $181.4M | 151,203 | 1.5% | 26 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $177.7M | 542,873 | 1.5% | 26 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $174.5M | 414,776 | 1.4% | 26 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $147.8M | 254,343 | 1.2% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $124.6M | 248,941 | 1.0% | 26 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $108.4M | 316,085 | 0.9% | 26 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $105.0M | 145,211 | 0.9% | 25 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $100.3M | 231,375 | 0.8% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $92.5M | 364,217 | 0.8% | 26 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $90.3M | 84,762 | 0.7% | 26 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $89.1M | 786,348 | 0.7% | 26 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $82.3M | 700,256 | 0.7% | 26 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $81.3M | 323,012 | 0.7% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $79.1M | 578,686 | 0.6% | 26 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $76.0M | 159,102 | 0.6% | 26 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $75.1M | 538,159 | 0.6% | 26 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $73.0M | 242,115 | 0.6% | 23 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $70.2M | 75,026 | 0.6% | 26 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $69.9M | 136,170 | 0.6% | 26 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $59.6M | 159,486 | 0.5% | 20 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $56.0M | 134,704 | 0.5% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $55.1M | 54,465 | 0.5% | 25 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $54.7M | 425,518 | 0.4% | 26 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $54.0M | 947,094 | 0.4% | 26 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $52.0M | 147,471 | 0.4% | 26 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $51.7M | 43,977 | 0.4% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $50.1M | 701,797 | 0.4% | 26 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $47.9M | 21,070 | 0.4% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $47.7M | 325,428 | 0.4% | 26 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $47.4M | 583,394 | 0.4% | 26 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $47.0M | 23,608 | 0.4% | 26 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $45.2M | 298,148 | 0.4% | 26 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $44.9M | 214,934 | 0.4% | 25 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $44.4M | 302,505 | 0.4% | 26 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $43.9M | 128,750 | 0.4% | 23 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $43.2M | 245,093 | 0.4% | 24 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $43.0M | 144,337 | 0.4% | 26 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $42.6M | 224,544 | 0.3% | 22 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $42.1M | 65,892 | 0.3% | 22 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $40.1M | 41,574 | 0.3% | 21 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $39.4M | 154,382 | 0.3% | 22 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $39.4M | 237,649 | 0.3% | 26 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $39.2M | 216,839 | 0.3% | 26 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $38.5M | 136,885 | 0.3% | 26 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $38.2M | 105,365 | 0.3% | 26 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $36.8M | 262,954 | 0.3% | 25 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $35.8M | 69,000 | 0.3% | 14 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $35.1M | 301,158 | 0.3% | 21 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $34.8M | 81,722 | 0.3% | 24 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $32.7M | 96,697 | 0.3% | 25 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $32.7M | 395,099 | 0.3% | 26 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $32.3M | 81,383 | 0.3% | 25 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $31.3M | 105,141 | 0.3% | 21 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $30.0M | 47,264 | 0.2% | 24 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $29.2M | 171,945 | 0.2% | 7 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $29.0M | 106,722 | 0.2% | 26 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $28.6M | 325,866 | 0.2% | 26 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $28.2M | 104,467 | 0.2% | 26 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $26.7M | 211,436 | 0.2% | 26 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $25.9M | 140,207 | 0.2% | 26 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.1M | 49,988 | 0.2% | 26 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $24.1M | 33,793 | 0.2% | 25 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $23.2M | 58,295 | 0.2% | 26 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $23.0M | 129,078 | 0.2% | 26 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $23.0M | 169,766 | 0.2% | 26 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $23.0M | 67,373 | 0.2% | 26 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $22.8M | 23,708 | 0.2% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $21.7M | 28,437 | 0.2% | 22 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $21.4M | 43,151 | 0.2% | 26 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $21.4M | 98,092 | 0.2% | 26 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $21.3M | 235,178 | 0.2% | 26 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $21.1M | 94,419 | 0.2% | 26 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $21.0M | 92,710 | 0.2% | 24 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $20.9M | 21,317 | 0.2% | 25 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $20.7M | 40,258 | 0.2% | 15 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $20.6M | 93,229 | 0.2% | 26 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $20.4M | 41,614 | 0.2% | 24 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $19.8M | 467,463 | 0.2% | 26 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $19.8M | 126,054 | 0.2% | 26 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $19.7M | 949,954 | 0.2% | 26 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $19.5M | 134,890 | 0.2% | 23 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $19.4M | 27,008 | 0.2% | 22 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $19.4M | 126,199 | 0.2% | 23 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $19.4M | 96,516 | 0.2% | 25 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $19.3M | 44,795 | 0.2% | 22 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $19.2M | 199,560 | 0.2% | 26 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $18.7M | 73,142 | 0.2% | 25 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $18.3M | 198,471 | 0.2% | 24 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $18.2M | 35,818 | 0.1% | 26 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $18.1M | 48,227 | 0.1% | 25 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $18.1M | 142,989 | 0.1% | 26 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.9% | +14.8% | +0.1% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.8% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.1% | 100% |
| Q3 2025 | +8.0% | +7.8% | +0.2% | 100% |
| Q2 2025 | +10.7% | +10.5% | +0.2% | 100% |
| Q1 2025 | -4.7% | -4.6% | -0.2% | 100% |
| Q4 2024 | +1.7% | +2.1% | -0.5% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.0% | 102% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $12.2B | 2,242 |
| Q1 2026 | $10.2B | 2,165 |
| Q4 2025 | $10.3B | 1,975 |
| Q3 2025 | $9.8B | 1,985 |
| Q2 2025 | $8.9B | 1,945 |
| Q1 2025 | $6.8B | 1,839 |
| Q4 2024 | $6.6B | 1,806 |
| Q3 2024 | $6.2B | 1,775 |
| Q2 2024 | $5.3B | 1,692 |
| Q1 2024 | $4.7B | 1,630 |
| Q4 2023 | $3.9B | 1,559 |
| Q3 2023 | $3.3B | 1,481 |