UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT COMPANY
Investment Company Act file number:
811-01027
Name of Registrant:
Vanguard World Fund
Address of Registrant:
P.O. Box 2600
Valley Forge, PA 19482
Name and address of agent for service:
Heidi Stam, Esquire
P.O. Box 876
Valley Forge, PA 19482
Date of fiscal year end: August 31
Date of reporting period: November 30, 2012
Item 1:
Schedule of Investments
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U.S. Growth Fund
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Schedule of Investments
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As of November 30, 2012
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Market
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Value
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Shares
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($000)
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Common Stocks (97.3%)
1
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Consumer Discretionary (18.8%)
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*
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priceline.com Inc.
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149,870
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99,388
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*
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Liberty Interactive Corp. Class A
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3,104,616
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59,919
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*
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Amazon.com Inc.
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175,240
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44,169
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NIKE Inc. Class B
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442,025
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43,089
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Lowe's Cos. Inc.
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1,108,145
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39,993
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Harley-Davidson Inc.
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755,865
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35,495
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News Corp. Class A
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1,305,160
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32,159
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Yum! Brands Inc.
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459,130
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30,798
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*
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Dollar General Corp.
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567,760
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28,388
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Staples Inc.
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2,380,300
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27,850
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Walt Disney Co.
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554,630
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27,543
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Comcast Corp. Class A
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667,320
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24,811
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*
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Sirius XM Radio Inc.
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8,247,490
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22,928
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Dunkin' Brands Group Inc.
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717,080
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22,818
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*
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AutoZone Inc.
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58,290
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22,370
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Family Dollar Stores Inc.
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308,970
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21,999
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Time Warner Inc.
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450,135
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21,291
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Abercrombie & Fitch Co.
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443,260
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20,341
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*
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Sally Beauty Holdings Inc.
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695,200
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17,623
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Starbucks Corp.
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325,900
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16,904
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*
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Discovery Communications Inc. Class A
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259,200
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15,658
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DR Horton Inc.
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796,520
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15,500
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Starwood Hotels & Resorts Worldwide Inc.
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204,215
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11,020
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Lennar Corp. Class A
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265,720
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10,108
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PVH Corp.
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85,010
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9,741
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Ralph Lauren Corp. Class A
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27,850
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4,375
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*
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Michael Kors Holdings Ltd.
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40,160
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2,135
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728,413
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Consumer Staples (5.7%)
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*,^
Green Mountain Coffee Roasters Inc.
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1,423,282
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52,192
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Walgreen Co.
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1,497,662
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50,786
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PepsiCo Inc.
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456,960
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32,083
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Colgate-Palmolive Co.
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178,700
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19,389
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CVS Caremark Corp.
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354,000
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16,464
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Mead Johnson Nutrition Co.
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241,100
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16,441
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Lorillard Inc.
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126,210
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15,291
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Wal-Mart Stores Inc.
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132,075
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9,512
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Whole Foods Market Inc.
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76,200
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7,114
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219,272
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Energy (6.8%)
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EOG Resources Inc.
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754,550
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88,750
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Kinder Morgan Inc.
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2,121,755
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71,737
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Schlumberger Ltd.
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435,765
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31,209
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Anadarko Petroleum Corp.
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306,270
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22,416
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National Oilwell Varco Inc.
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269,055
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18,376
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*
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Cobalt International Energy Inc.
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452,725
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10,558
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*
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Cameron International Corp.
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177,065
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9,553
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Ensco plc Class A
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146,520
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8,532
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* Kinder Morgan Inc. Warrants, Exp. Date 5/25/17
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819,392
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3,097
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264,228
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Exchange-Traded Fund (0.0%)
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2 Vanguard Growth ETF
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3,100
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222
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Financials (5.9%)
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* IntercontinentalExchange Inc.
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436,550
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57,690
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Progressive Corp.
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2,531,600
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53,797
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JPMorgan Chase & Co.
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966,785
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39,716
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CME Group Inc.
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616,250
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34,060
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American Express Co.
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279,700
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15,635
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* Affiliated Managers Group Inc.
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104,800
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13,506
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T. Rowe Price Group Inc.
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168,800
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10,916
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American Tower Corporation
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63,140
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4,731
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230,051
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Health Care (10.4%)
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Allergan Inc.
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953,335
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88,422
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Novo Nordisk A/S ADR
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332,575
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52,770
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* Gilead Sciences Inc.
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688,300
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51,623
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Perrigo Co.
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299,100
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30,957
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* Celgene Corp.
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318,225
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25,009
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* Edwards Lifesciences Corp.
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270,240
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23,449
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* Hologic Inc.
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1,149,380
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21,930
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* Biogen Idec Inc.
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144,955
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21,611
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Covidien plc
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318,415
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18,503
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Johnson & Johnson
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226,785
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15,814
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Merck & Co. Inc.
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351,425
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15,568
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UnitedHealth Group Inc.
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250,105
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13,603
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* Regeneron Pharmaceuticals Inc.
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54,850
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9,684
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Agilent Technologies Inc.
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226,825
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8,685
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* IDEXX Laboratories Inc.
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57,400
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5,365
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402,993
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Industrials (5.5%)
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Precision Castparts Corp.
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136,000
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24,941
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Caterpillar Inc.
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275,600
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23,492
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AMETEK Inc.
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548,715
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20,484
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Union Pacific Corp.
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165,500
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20,320
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* Stericycle Inc.
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194,800
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18,208
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Norfolk Southern Corp.
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288,765
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17,436
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Eaton Corp.
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332,110
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17,323
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JB Hunt Transport Services Inc.
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269,000
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15,992
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* IHS Inc. Class A
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161,326
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14,865
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Donaldson Co. Inc.
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415,600
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13,956
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Kansas City Southern
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152,315
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11,903
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Cummins Inc.
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65,050
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6,385
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WW Grainger Inc.
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32,700
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6,344
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Rockwell Automation Inc.
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25,385
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2,011
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213,660
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Information Technology (38.9%)
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Apple Inc.
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507,380
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296,959
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QUALCOMM Inc.
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2,268,800
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144,341
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Mastercard Inc. Class A
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260,815
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127,455
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* Google Inc. Class A
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181,840
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126,992
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Visa Inc. Class A
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747,800
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111,953
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* BMC Software Inc.
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1,953,242
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80,005
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* eBay Inc.
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1,240,308
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65,513
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Intuit Inc.
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1,067,600
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63,960
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*
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Adobe Systems Inc.
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1,701,700
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58,896
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Oracle Corp.
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1,576,440
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50,604
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*
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Teradata Corp.
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646,800
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38,472
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*
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VeriSign Inc.
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1,041,444
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35,544
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*
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Cognizant Technology Solutions Corp. Class A
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489,930
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32,938
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Altera Corp.
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791,140
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25,625
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*
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Citrix Systems Inc.
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406,848
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24,883
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*
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Alliance Data Systems Corp.
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154,260
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21,980
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*
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Facebook Inc. Class A
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751,135
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21,032
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*
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VeriFone Systems Inc.
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676,133
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20,548
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*
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Juniper Networks Inc.
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1,012,100
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18,198
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*
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Salesforce.com Inc.
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111,115
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17,519
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*
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EMC Corp.
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698,035
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17,325
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*
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Polycom Inc.
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1,606,550
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16,804
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*
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Acme Packet Inc.
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731,560
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14,595
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Broadcom Corp. Class A
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420,860
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13,627
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*
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NetApp Inc.
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418,035
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13,256
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*
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Splunk Inc.
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419,292
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12,663
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*
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ServiceNow Inc.
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260,100
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8,487
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*
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LinkedIn Corp. Class A
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70,520
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7,626
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*
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Trimble Navigation Ltd.
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109,800
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6,109
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*
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TIBCO Software Inc.
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223,305
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5,594
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Accenture plc Class A
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81,800
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5,556
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*
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VMware Inc. Class A
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35,715
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3,248
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*
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Workday Inc. Class A
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7,400
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371
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1,508,678
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Materials (2.7%)
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Syngenta AG ADR
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607,750
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48,602
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Monsanto Co.
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497,000
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45,520
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Praxair Inc.
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94,140
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10,093
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104,215
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Telecommunication Services (2.6%)
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*
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Crown Castle International Corp.
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1,222,886
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82,569
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*
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SBA Communications Corp. Class A
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249,300
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17,157
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99,726
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Total Common Stocks (Cost $3,121,864)
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3,771,458
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Coupon
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Shares
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Temporary Cash Investments (3.4%)
1
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Money Market Fund (3.0%)
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3,4
Vanguard Market Liquidity Fund
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0.167%
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115,668,385
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115,668
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Face
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Maturity
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Amount
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Date
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($000)
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Repurchase Agreement (0.2%)
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Bank of America Securities, LLC
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(Dated 11/30/12, Repurchase Value
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$8,800,000, collateralized by Federal
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National Mortgage Assn., 3.500%,
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12/01/42)
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0.220%
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12/3/12
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8,800
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8,800
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U.S. Government and Agency Obligations (0.2%)
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5,6
Freddie Mac Discount Notes
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0.135%
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12/17/12
|
1,500
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1,500
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6
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United States Treasury Note/Bond
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0.625%
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12/31/12
|
2,000
|
2,001
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6 United States Treasury Note/Bond
|
0.625%
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2/28/13
|
2,000
|
2,002
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|
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|
5,503
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|
Total Temporary Cash Investments (Cost $129,971)
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129,971
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Total Investments (100.7%) (Cost $3,251,835)
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3,901,429
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Other Assets and Liabilities-Net (-0.7%)
4
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(26,864)
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Net Assets (100%)
|
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3,874,565
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* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $13,190,000.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After
giving effect to futures investments, the fund's effective common stock and temporary cash investment positions
represent 99.4% and 1.3%, respectively, of net assets.
2 Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group.
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 Includes $13,669,000 of collateral received for securities on loan.
5 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations
have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as
needed to maintain a positive net worth, in exchange for senior preferred stock.
6 Securities with a value of $5,003,000 have been segregated as initial margin for open futures contracts.
ADR—American Depositary Receipt.
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. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.
B.
Repurchase Agreements: The fund may enter into repurchase agreements. Securities pledged as collateral for repurchase agreements are held by a custodian bank until the agreements mature. Each agreement requires that the market value of the collateral be sufficient to cover payments of interest and principal. In the event of default or bankruptcy by the other party to the agreement, the fund may sell or retain the collateral; however, such action may be subject to legal proceedings.
C.
Various inputs may be used to determine the value of the fund's investments. 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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
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U.S. Growth Fund
|
|
|
|
|
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
Common Stocks
|
3,771,458
|
—
|
—
|
|
Temporary Cash Investments
|
115,668
|
14,303
|
—
|
|
Futures Contracts—Assets
1
|
9
|
—
|
—
|
|
Futures Contracts—Liabilities
1
|
(102)
|
—
|
—
|
|
Total
|
3,887,033
|
14,303
|
—
|
|
1 Represents variation margin on the last day of the reporting period.
|
D.
Futures Contracts: The fund uses index futures contracts to a limited extent, with the objective of maintaining full exposure to the stock market while maintaining liquidity. The fund may purchase or sell futures contracts to achieve a desired level of investment, whether to accommodate portfolio turnover or cash flows from capital share transactions. 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.
Futures contracts are valued at their quoted daily settlement prices. The aggregate principal amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Schedule of Investments as an asset (liability).
At November 30, 2012, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:
|
|
|
|
|
|
|
|
|
|
|
($000)
|
|
|
|
|
Aggregate
|
|
|
|
|
Number of
|
Settlement
|
Unrealized
|
|
|
|
Long (Short)
|
Value
|
Appreciation
|
|
Futures Contracts
|
Expiration
|
Contracts
|
Long (Short)
|
(Depreciation)
|
|
S&P 500 Index
|
December 2012
|
119
|
42,078
|
(1,204)
|
|
E-mini S&P Mid-Cap 400 Index
|
December 2012
|
200
|
19,988
|
(274)
|
|
E-mini S&P 500 Index
|
December 2012
|
270
|
19,095
|
460
|
Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.
E.
At November 30, 2012, the cost of investment securities for tax purposes was $3,251,835,000. Net unrealized appreciation of investment securities for tax purposes was $649,594,000, consisting of unrealized gains of $773,437,000 on securities that had risen in value since their purchase and $123,843,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
International Growth Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (97.1%)
1
|
|
|
|
Argentina (0.3%)
|
|
|
|
|
MercadoLibre Inc.
|
637,300
|
45,854
|
|
|
|
Australia (3.7%)
|
|
|
|
^
|
Fortescue Metals Group Ltd.
|
32,107,535
|
131,335
|
|
|
Brambles Ltd.
|
14,934,900
|
112,871
|
|
|
Newcrest Mining Ltd.
|
3,675,320
|
98,231
|
|
|
Woodside Petroleum Ltd.
|
2,532,175
|
89,404
|
|
|
James Hardie Industries plc
|
6,196,069
|
58,810
|
|
|
Cochlear Ltd.
|
743,560
|
58,530
|
|
|
Australia & New Zealand Banking Group Ltd.
|
1,839,344
|
46,810
|
|
|
Atlas Iron Ltd.
|
31,798,405
|
46,070
|
|
|
Sims Metal Management Ltd.
|
1,026,080
|
9,612
|
|
|
|
|
651,673
|
|
Brazil (4.1%)
|
|
|
|
|
BM&FBovespa SA
|
20,386,500
|
122,121
|
|
|
Vale SA Class B ADR
|
6,764,400
|
115,604
|
|
|
Itau Unibanco Holding SA ADR
|
6,596,075
|
99,930
|
|
|
Cia Brasileira de Distribuicao Grupo Pao de Acucar ADR
|
1,972,373
|
85,364
|
|
|
Petroleo Brasileiro SA ADR Type A
|
3,504,500
|
61,504
|
|
|
BRF - Brasil Foods SA
|
2,537,486
|
46,313
|
|
|
Itau Unibanco Holding SA Prior Pfd.
|
2,553,664
|
38,685
|
|
|
Raia Drogasil SA
|
3,736,400
|
36,720
|
|
|
Vale SA Prior Pfd.
|
1,990,000
|
34,085
|
|
|
Petroleo Brasileiro SA Prior Pfd.
|
3,770,000
|
33,099
|
|
|
Banco do Brasil SA
|
2,179,767
|
22,361
|
|
*
|
OGX Petroleo e Gas Participacoes SA
|
9,806,100
|
20,055
|
|
*
|
Fibria Celulose SA
|
761,470
|
7,580
|
|
|
|
|
723,421
|
|
Canada (1.8%)
|
|
|
|
|
Toronto-Dominion Bank
|
2,063,390
|
172,366
|
|
|
Suncor Energy Inc.
|
3,904,767
|
127,597
|
|
|
Sherritt International Corp.
|
2,615,219
|
13,401
|
|
*
|
Harry Winston Diamond Corp.
|
732,000
|
10,435
|
|
|
|
|
323,799
|
|
Chile (0.3%)
|
|
|
|
|
Sociedad Quimica y Minera de Chile SA ADR
|
967,200
|
54,744
|
|
|
|
China (7.7%)
|
|
|
|
|
Tencent Holdings Ltd.
|
13,426,000
|
438,327
|
|
*
|
Baidu Inc. ADR
|
4,015,849
|
386,766
|
|
|
CNOOC Ltd.
|
45,461,000
|
97,090
|
|
|
China Resources Enterprise Ltd.
|
21,302,000
|
75,972
|
|
|
Beijing Enterprises Holdings Ltd.
|
10,826,000
|
69,767
|
|
|
Industrial & Commercial Bank of China Ltd.
|
98,549,000
|
66,469
|
|
|
Mindray Medical International Ltd. ADR
|
1,773,861
|
60,010
|
|
|
Belle International Holdings Ltd.
|
23,826,000
|
50,029
|
|
|
Shandong Weigao Group Medical Polymer Co. Ltd.
|
44,588,000
|
46,049
|
|
*
|
Youku Tudou Inc. ADR
|
2,077,149
|
35,436
|
|
|
|
|
|
|
^
|
Yingde Gases
|
31,000,000
|
30,753
|
|
|
New Oriental Education & Technology Group Inc. ADR
|
164,026
|
3,307
|
|
^,*
Chaoda Modern Agriculture Holdings Ltd.
|
17,258,719
|
604
|
|
|
|
|
1,360,579
|
|
Denmark (1.5%)
|
|
|
|
|
Novo Nordisk A/S Class B
|
902,128
|
142,997
|
|
|
Novozymes A/S
|
3,172,000
|
87,380
|
|
|
AP Moeller - Maersk A/S Class B
|
3,750
|
26,771
|
|
|
|
|
257,148
|
|
France (8.1%)
|
|
|
|
|
L'Oreal SA
|
2,854,785
|
387,678
|
|
|
PPR
|
1,471,373
|
274,724
|
|
|
Cie Generale d'Optique Essilor International SA
|
1,347,722
|
130,214
|
|
|
Schneider Electric SA
|
1,435,325
|
101,040
|
|
|
Sanofi
|
957,908
|
85,558
|
|
|
Safran SA
|
1,804,400
|
73,980
|
|
|
LVMH Moet Hennessy Louis Vuitton SA
|
406,540
|
71,385
|
|
|
Cie Generale des Etablissements Michelin
|
742,429
|
69,195
|
|
|
European Aeronautic Defence and Space Co. NV
|
1,375,000
|
46,352
|
|
|
Publicis Groupe SA
|
795,027
|
45,018
|
|
|
Total SA
|
836,870
|
41,941
|
|
|
Vallourec SA
|
790,000
|
41,065
|
|
|
CFAO SA
|
630,000
|
30,574
|
|
*
|
Societe Generale SA
|
723,498
|
26,227
|
|
|
Arkema SA
|
19,463
|
1,992
|
|
|
|
|
1,426,943
|
|
Germany (6.2%)
|
|
|
|
|
Daimler AG
|
3,530,249
|
174,603
|
|
|
GEA Group AG
|
3,844,887
|
125,753
|
|
|
Porsche Automobil Holding SE Prior Pfd.
|
1,518,515
|
112,731
|
|
|
Adidas AG
|
1,272,118
|
111,906
|
|
|
Infineon Technologies AG
|
14,084,718
|
108,081
|
|
|
Volkswagen AG
|
483,893
|
98,561
|
|
|
HeidelbergCement AG
|
999,207
|
54,368
|
|
|
SAP AG
|
650,000
|
50,752
|
|
|
MTU Aero Engines Holding AG
|
570,000
|
50,748
|
|
|
Software AG
|
1,050,000
|
44,151
|
|
|
Symrise AG
|
1,260,000
|
43,888
|
|
^
|
Aixtron SE NA
|
3,130,112
|
39,454
|
|
|
Axel Springer AG
|
813,258
|
35,429
|
|
|
Wincor Nixdorf AG
|
779,335
|
32,875
|
|
^
|
SMA Solar Technology AG
|
719,595
|
15,490
|
|
|
|
|
1,098,790
|
|
Hong Kong (4.0%)
|
|
|
|
|
AIA Group Ltd.
|
83,535,200
|
324,866
|
|
|
Jardine Matheson Holdings Ltd.
|
3,035,947
|
179,139
|
|
|
Swire Pacific Ltd. Class A
|
6,846,500
|
83,911
|
|
|
Hong Kong Exchanges and Clearing Ltd.
|
4,514,200
|
72,086
|
|
|
Techtronic Industries Co.
|
17,003,782
|
33,466
|
|
^
|
Esprit Holdings Ltd.
|
6,934,939
|
10,759
|
|
|
|
|
704,227
|
|
India (1.6%)
|
|
|
|
|
Housing Development Finance Corp.
|
7,692,900
|
119,267
|
|
*
|
Idea Cellular Ltd.
|
40,822,574
|
72,786
|
|
|
HDFC Bank Ltd.
|
3,724,019
|
48,102
|
|
|
|
|
|
|
|
Tata Motors Ltd.
|
8,967,223
|
44,996
|
|
|
|
|
285,151
|
|
Indonesia (0.4%)
|
|
|
|
|
Bank Mandiri Persero Tbk PT
|
77,192,500
|
66,320
|
|
|
|
Ireland (0.2%)
|
|
|
|
|
Kerry Group plc Class A
|
810,000
|
42,435
|
|
|
|
Israel (1.1%)
|
|
|
|
*
|
Check Point Software Technologies Ltd.
|
4,334,249
|
200,112
|
|
|
|
Italy (1.3%)
|
|
|
|
^,*
Fiat SPA
|
28,230,717
|
130,906
|
|
*
|
UniCredit SPA
|
20,470,794
|
95,415
|
|
|
|
|
226,321
|
|
Japan (7.5%)
|
|
|
|
|
Rakuten Inc.
|
19,991,600
|
168,544
|
|
|
Astellas Pharma Inc.
|
2,794,088
|
141,447
|
|
|
SMC Corp.
|
766,300
|
129,868
|
|
|
FANUC Corp.
|
666,200
|
112,797
|
|
|
Sumitomo Mitsui Financial Group Inc.
|
3,163,300
|
102,397
|
|
|
Softbank Corp.
|
2,673,500
|
100,557
|
|
|
Seven & I Holdings Co. Ltd.
|
3,061,900
|
89,233
|
|
|
Nippon Telegraph & Telephone Corp.
|
1,964,100
|
88,354
|
|
|
Honda Motor Co. Ltd.
|
2,257,200
|
75,236
|
|
|
Sekisui Chemical Co. Ltd.
|
7,029,000
|
55,241
|
|
|
Toyota Motor Corp.
|
1,234,383
|
53,149
|
|
^
|
Gree Inc.
|
2,710,000
|
47,078
|
|
|
Kyocera Corp.
|
455,100
|
42,114
|
|
|
Sysmex Corp.
|
929,996
|
42,109
|
|
|
Canon Inc.
|
1,079,922
|
38,206
|
|
|
MISUMI Group Inc.
|
1,307,610
|
34,519
|
|
|
|
|
1,320,849
|
|
Luxembourg (0.1%)
|
|
|
|
*
|
Reinet Investments SCA
|
542,339
|
10,583
|
|
|
|
Mexico (0.7%)
|
|
|
|
|
Grupo Financiero Banorte SAB de CV
|
11,582,396
|
66,377
|
|
*
|
Grupo Financiero Santander Mexico SAB de CV ADR
|
3,721,875
|
54,377
|
|
|
|
|
120,754
|
|
Netherlands (0.6%)
|
|
|
|
*
|
ING Groep NV
|
9,595,834
|
86,708
|
|
|
TNT Express NV
|
1,479,130
|
14,435
|
|
|
|
|
101,143
|
|
Norway (1.3%)
|
|
|
|
|
Statoil ASA
|
5,280,336
|
129,003
|
|
|
DNB ASA
|
7,510,438
|
93,383
|
|
|
Schibsted ASA
|
310,659
|
12,849
|
|
|
|
|
235,235
|
|
|
|
|
|
Peru (0.7%)
|
|
|
|
Credicorp Ltd.
|
830,947
|
116,249
|
|
(New York Shares)
|
|
|
|
|
|
Portugal (0.4%)
|
|
|
|
Jerónimo Martins SGPS SA
|
3,627,182
|
67,619
|
|
|
|
Russia (0.6%)
|
|
|
|
Sberbank of Russia ADR
|
5,960,482
|
70,660
|
|
Mail.ru Group Ltd. GDR
|
1,266,000
|
41,874
|
|
|
|
112,534
|
|
Singapore (0.4%)
|
|
|
|
Singapore Exchange Ltd.
|
6,541,000
|
36,890
|
|
DBS Group Holdings Ltd.
|
2,754,441
|
32,597
|
|
|
|
69,487
|
|
South Africa (0.5%)
|
|
|
|
Impala Platinum Holdings Ltd.
|
1,778,600
|
28,923
|
|
MTN Group Ltd.
|
1,540,000
|
28,359
|
|
Sasol Ltd.
|
549,196
|
23,145
|
|
|
|
80,427
|
|
South Korea (4.0%)
|
|
|
|
Samsung Electronics Co. Ltd.
|
282,741
|
367,527
|
|
Shinhan Financial Group Co. Ltd.
|
2,441,226
|
78,268
|
|
NHN Corp.
|
312,858
|
72,812
|
|
Hyundai Mobis
|
247,479
|
65,335
|
|
^ Celltrion Inc.
|
2,053,486
|
49,301
|
|
Hyundai Motor Co.
|
228,408
|
47,595
|
|
* Hankook Tire Co. Ltd.
|
700,001
|
29,639
|
|
|
|
710,477
|
|
Spain (3.5%)
|
|
|
|
Inditex SA
|
2,683,385
|
368,382
|
|
* Banco Santander SA
|
26,148,250
|
201,435
|
|
Distribuidora Internacional de Alimentacion SA
|
7,176,919
|
44,602
|
|
|
|
614,419
|
|
Sweden (5.4%)
|
|
|
|
Atlas Copco AB Class A
|
13,275,645
|
342,182
|
|
^ Svenska Handelsbanken AB Class A
|
5,656,352
|
201,308
|
|
Sandvik AB
|
12,672,533
|
189,787
|
|
Alfa Laval AB
|
5,199,985
|
102,401
|
|
Elekta AB Class B
|
4,093,089
|
59,187
|
|
Telefonaktiebolaget LM Ericsson Class B
|
4,812,003
|
45,106
|
|
Oriflame Cosmetics SA
|
575,000
|
16,174
|
|
|
|
956,145
|
|
Switzerland (8.4%)
|
|
|
|
Syngenta AG
|
751,696
|
300,947
|
|
Roche Holding AG
|
1,397,850
|
275,370
|
|
Nestle SA
|
3,306,621
|
216,443
|
|
Cie Financiere Richemont SA
|
2,065,690
|
159,438
|
|
Zurich Insurance Group AG
|
450,798
|
115,155
|
|
Geberit AG
|
494,180
|
104,502
|
|
Credit Suisse Group AG
|
4,106,388
|
97,287
|
|
ABB Ltd.
|
3,984,182
|
77,687
|
|
Novartis AG
|
889,174
|
55,100
|
|
Swatch Group AG (Bearer)
|
96,145
|
46,478
|
|
|
|
|
|
|
|
Holcim Ltd.
|
|
|
585,809
|
40,177
|
|
|
|
|
|
1,488,584
|
|
Taiwan (0.5%)
|
|
|
|
|
|
Taiwan Semiconductor Manufacturing Co. Ltd.
|
|
|
22,370,508
|
76,012
|
|
Compal Electronics Inc.
|
|
|
22,757,304
|
15,407
|
|
|
|
|
|
91,419
|
|
Thailand (0.4%)
|
|
|
|
|
|
Kasikornbank PCL (Foreign)
|
|
|
12,705,056
|
77,376
|
|
|
|
Turkey (1.3%)
|
|
|
|
|
|
Turkiye Garanti Bankasi AS
|
|
|
37,457,981
|
177,748
|
|
BIM Birlesik Magazalar AS
|
|
|
1,198,546
|
54,473
|
|
|
|
|
|
232,221
|
|
United Kingdom (17.1%)
|
|
|
|
|
|
BHP Billiton plc
|
|
|
11,956,218
|
376,566
|
|
Prudential plc
|
|
|
20,311,625
|
295,269
|
|
BG Group plc
|
|
|
13,856,253
|
237,726
|
|
Standard Chartered plc
|
|
|
9,882,732
|
230,516
|
|
ARM Holdings plc
|
|
|
18,243,000
|
226,946
|
|
Rolls-Royce Holdings plc
|
|
|
13,797,616
|
197,069
|
|
Diageo plc
|
|
|
6,477,457
|
193,205
|
|
HSBC Holdings plc
|
|
|
14,847,282
|
151,623
|
|
Meggitt plc
|
|
|
16,896,070
|
105,504
|
|
Capita plc
|
|
|
7,718,242
|
94,330
|
|
WPP plc
|
|
|
6,779,071
|
93,076
|
|
Shire plc
|
|
|
2,991,760
|
86,385
|
|
Vodafone Group plc
|
|
|
32,972,082
|
85,056
|
|
British American Tobacco plc
|
|
|
1,530,803
|
80,415
|
|
AMEC plc
|
|
|
4,753,674
|
79,524
|
|
Centrica plc
|
|
|
12,286,837
|
64,166
|
|
Burberry Group plc
|
|
|
2,741,016
|
56,564
|
|
Inchcape plc
|
|
|
8,080,212
|
55,398
|
|
Unilever plc
|
|
|
1,430,000
|
54,869
|
|
Carnival plc
|
|
|
1,200,000
|
48,678
|
|
Aggreko plc
|
|
|
1,282,054
|
45,862
|
|
GlaxoSmithKline plc
|
|
|
2,018,949
|
43,238
|
|
G4S plc
|
|
|
10,000,000
|
39,603
|
|
Ultra Electronics Holdings plc
|
|
|
1,500,000
|
39,222
|
|
AZ Electronic Materials SA
|
|
|
4,888,251
|
28,771
|
|
|
|
|
|
3,009,581
|
|
United States (1.4%)
|
|
|
|
|
|
* Amazon.com Inc.
|
|
|
1,000,200
|
252,100
|
|
Total Common Stocks (Cost $14,724,788)
|
|
|
|
17,134,719
|
|
|
Coupon
|
|
|
|
|
Temporary Cash Investments (3.7%)
1
|
|
|
|
|
|
Money Market Fund (3.5%)
|
|
|
|
|
|
2,3
Vanguard Market Liquidity Fund
|
0.167%
|
|
626,996,593
|
626,997
|
|
|
|
|
|
|
Face
|
|
|
|
|
Maturity
|
Amount
|
|
|
|
|
Date
|
($000)
|
|
|
U.S. Government and Agency Obligations (0.2%)
|
|
|
|
|
|
4,5
Fannie Mae Discount Notes
|
0.135%
|
12/12/12
|
11,500
|
11,499
|
|
4,5,6
Fannie Mae Discount Notes
|
0.120%
|
12/26/12
|
10,000
|
9,999
|
|
6,7
Federal Home Loan Bank Discount Notes
|
0.135%
|
12/05/12
|
5,000
|
5,000
|
|
|
|
|
|
|
|
|
4,5
|
Freddie Mac Discount Notes
|
0.135%
|
12/10/12
|
400
|
400
|
|
5
|
United States Treasury Note/Bond
|
0.625%
|
12/31/12
|
5,000
|
5,002
|
|
|
|
|
|
|
31,900
|
|
Total Temporary Cash Investments (Cost $658,897)
|
|
|
|
658,897
|
|
Total Investments (100.8%) (Cost $15,383,685)
|
|
|
|
17,793,616
|
|
Other Assets and Liabilities-Net (-0.8%)
3
|
|
|
|
(145,598)
|
|
Net Assets (100%)
|
|
|
|
17,648,018
|
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $154,205,000.
* Non-income-producing security.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After
giving effect to futures investments, the fund's effective common stock and temporary cash investment positions
represent 99.0% and 1.8%, respectively, of net assets.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
3 Includes $161,738,000 of collateral received for securities on loan.
4 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations
have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as
needed to maintain a positive net worth, in exchange for senior preferred stock.
5 Securities with a value of $17,401,000 have been segregated as initial margin for open futures contracts.
6 Securities with a value of $7,345,000 have been segregated as collateral for open forward currency contracts.
7 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S.
Treasury nor backed by the full faith and credit of the U.S. government.
ADR—American Depositary Receipt.
GDR—Global Depositary Receipt.
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 at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund's pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.
B.
Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund's pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
International Growth Fund
C.
Various inputs may be used to determine the value of the fund's investments. 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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
Common Stocks—North and South America
|
1,636,921
|
—
|
—
|
|
Common Stocks—Other
|
685,631
|
14,812,167
|
—
|
|
Temporary Cash Investments
|
626,997
|
31,900
|
—
|
|
Futures Contracts—Assets
1
|
261
|
—
|
—
|
|
Forward Currency Contracts—Assets
|
—
|
498
|
—
|
|
Forward Currency Contracts—Liabilities
|
—
|
(6,485)
|
—
|
|
Total
|
2,949,810
|
14,838,080
|
—
|
|
1 Represents variation margin on the last day of the reporting period.
|
D.
Futures and Forward Currency Contracts: The fund uses index futures contracts to a limited extent, with the objective of maintaining full exposure to the stock market while maintaining liquidity. The fund may purchase or sell futures contracts to achieve a desired level of investment, whether to accommodate portfolio turnover or cash flows from capital share transactions. 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.
The fund also enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts or to protect the value of securities and related receivables and payables against changes in foreign exchange rates. The primary risk associated with the fund's use of these contracts is that a counterparty will fail to fulfill its obligation to pay gains due to the fund under the contracts. Counterparty risk is mitigated by entering into forward currency contracts only with highly rated counterparties, by a master netting arrangement between the fund's and the counterparty, and by the posting of collateral by the counterparty. The forward currency 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 posted. Any securities posted as collateral for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The aggregate principal amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Schedule of Investments as an asset (liability).
International Growth Fund
At November 30, 2012, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:
|
|
|
|
|
|
|
|
|
|
|
($000)
|
|
|
|
|
Aggregate
|
|
|
|
|
Number of
|
Settlement
|
Unrealized
|
|
|
|
Long (Short)
|
Value
|
Appreciation
|
|
Futures Contracts
|
Expiration
|
Contracts
|
Long (Short)
|
(Depreciation)
|
|
Dow Jones EURO STOXX 50 Index
|
December 2012
|
3,165
|
106,780
|
1,357
|
|
FTSE 100 Index
|
December 2012
|
1,096
|
103,654
|
592
|
|
Topix Index
|
December 2012
|
842
|
80,020
|
5,776
|
|
S&P ASX 200 Index
|
December 2012
|
364
|
43,163
|
1,355
|
Unrealized appreciation (depreciation) on open FTSE 100 Index futures contracts is required to be treated as realized gain (loss) for tax purposes.
At November 30, 2012, the fund had open forward currency contracts to receive and deliver currencies as follows. Unrealized appreciation (depreciation) on open forward currency contracts is treated as realized gain (loss) for tax purposes.
|
|
|
|
|
|
|
|
|
|
|
Contract Amount (000)
|
|
|
|
|
|
|
|
Unrealized
|
|
|
Contract
|
|
|
|
Appreciation
|
|
|
Settlement
|
|
|
|
(Depreciation)
|
|
Counterparty
|
Date
|
|
Receive
|
Deliver
|
($000)
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/21/12
|
EUR
|
80,732USD
|
105,024
|
(482)
|
|
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/21/12
|
GBP
|
64,481USD
|
103,329
|
(1,246)
|
|
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/18/12
|
JPY
|
6,486,294USD
|
78,682
|
(4,737)
|
|
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/21/12
|
AUD
|
43,456USD
|
45,264
|
258
|
|
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/18/12
|
USD
|
5,003 JPY
|
412,472
|
240
|
|
|
|
Brown Brothers Harriman &
|
|
|
|
|
|
|
Co.
|
12/21/12
|
USD
|
3,549AUD
|
3,407
|
(20)
|
AUD—Australian dollar.
EUR—Euro.
GBP—British pound.
JPY—Japanese yen.
USD—U.S. dollar.
International Growth Fund
E.
At November 30, 2012, the cost of investment securities for tax purposes was $15,384,490,000. Net unrealized appreciation of investment securities for tax purposes was $2,409,126,000, consisting of unrealized gains of $3,435,642,000 on securities that had risen in value since their purchase and $1,026,516,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard FTSE Social Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.0%)
|
|
|
|
Consumer Discretionary (10.0%)
|
|
|
|
*
|
Amazon.com Inc.
|
31,789
|
8,012
|
|
|
Ford Motor Co.
|
348,242
|
3,987
|
|
|
Lowe's Cos. Inc.
|
107,618
|
3,884
|
|
*
|
priceline.com Inc.
|
4,627
|
3,068
|
|
|
TJX Cos. Inc.
|
69,094
|
3,064
|
|
|
NIKE Inc. Class B
|
25,450
|
2,481
|
|
|
Viacom Inc. Class B
|
43,146
|
2,227
|
|
|
CBS Corp. Class B
|
55,620
|
2,001
|
|
|
Johnson Controls Inc.
|
63,225
|
1,741
|
|
|
VF Corp.
|
10,231
|
1,642
|
|
|
Coach Inc.
|
26,512
|
1,533
|
|
*
|
General Motors Co.
|
58,131
|
1,504
|
|
|
Limited Brands Inc.
|
27,336
|
1,426
|
|
|
McGraw-Hill Cos. Inc.
|
25,935
|
1,377
|
|
*
|
Bed Bath & Beyond Inc.
|
21,603
|
1,269
|
|
|
Omnicom Group Inc.
|
24,839
|
1,236
|
|
|
Ross Stores Inc.
|
21,097
|
1,201
|
|
|
Gap Inc.
|
34,189
|
1,178
|
|
*
|
O'Reilly Automotive Inc.
|
11,090
|
1,043
|
|
*
|
AutoZone Inc.
|
2,631
|
1,010
|
|
*
|
Sirius XM Radio Inc.
|
359,624
|
1,000
|
|
|
Harley-Davidson Inc.
|
21,175
|
994
|
|
|
Genuine Parts Co.
|
14,531
|
946
|
|
*
|
Dollar Tree Inc.
|
21,422
|
894
|
|
|
Ralph Lauren Corp. Class A
|
5,683
|
893
|
|
|
Family Dollar Stores Inc.
|
11,042
|
786
|
|
*
|
CarMax Inc.
|
21,263
|
771
|
|
|
PetSmart Inc.
|
10,163
|
718
|
|
*
|
BorgWarner Inc.
|
10,641
|
706
|
|
|
Tiffany & Co.
|
11,765
|
694
|
|
|
Newell Rubbermaid Inc.
|
27,020
|
589
|
|
*
|
Mohawk Industries Inc.
|
6,470
|
556
|
|
|
Lennar Corp. Class A
|
14,540
|
553
|
|
|
Autoliv Inc.
|
8,871
|
535
|
|
|
Garmin Ltd.
|
13,682
|
532
|
|
|
Foot Locker Inc.
|
13,977
|
501
|
|
|
Scripps Networks Interactive Inc. Class A
|
8,080
|
477
|
|
|
H&R Block Inc.
|
25,707
|
464
|
|
|
Hasbro Inc.
|
12,016
|
462
|
|
|
Interpublic Group of Cos. Inc.
|
41,145
|
445
|
|
|
Gannett Co. Inc.
|
21,822
|
391
|
|
|
Leggett & Platt Inc.
|
12,876
|
359
|
|
|
Abercrombie & Fitch Co.
|
7,734
|
355
|
|
*
|
AutoNation Inc.
|
8,533
|
332
|
|
|
GameStop Corp. Class A
|
11,735
|
308
|
|
|
Harman International Industries Inc.
|
6,111
|
242
|
|
*
|
Apollo Group Inc. Class A
|
10,352
|
199
|
|
|
|
|
|
Washington Post Co. Class B
|
433
|
159
|
|
|
|
60,745
|
|
Consumer Staples (6.8%)
|
|
|
|
Procter & Gamble Co.
|
256,502
|
17,912
|
|
Colgate-Palmolive Co.
|
44,552
|
4,834
|
|
Kimberly-Clark Corp.
|
36,622
|
3,139
|
|
General Mills Inc.
|
60,498
|
2,480
|
|
HJ Heinz Co.
|
29,885
|
1,747
|
|
Kellogg Co.
|
25,216
|
1,398
|
|
Estee Lauder Cos. Inc. Class A
|
21,928
|
1,277
|
|
ConAgra Foods Inc.
|
38,178
|
1,140
|
|
Clorox Co.
|
12,033
|
919
|
|
Dr Pepper Snapple Group Inc.
|
19,890
|
892
|
|
Coca-Cola Enterprises Inc.
|
28,354
|
884
|
|
Campbell Soup Co.
|
22,249
|
818
|
|
McCormick & Co. Inc.
|
11,244
|
726
|
|
Hormel Foods Corp.
|
18,508
|
574
|
|
Avon Products Inc.
|
40,584
|
566
|
|
Tyson Foods Inc. Class A
|
27,365
|
525
|
|
Energizer Holdings Inc.
|
5,951
|
475
|
|
* Smithfield Foods Inc.
|
14,529
|
325
|
|
Hillshire Brands Co.
|
11,003
|
306
|
|
|
|
40,937
|
|
Energy (4.9%)
|
|
|
|
Schlumberger Ltd.
|
124,600
|
8,924
|
|
Occidental Petroleum Corp.
|
75,638
|
5,689
|
|
Apache Corp.
|
36,579
|
2,820
|
|
Devon Energy Corp.
|
37,602
|
1,943
|
|
Williams Cos. Inc.
|
58,582
|
1,924
|
|
Baker Hughes Inc.
|
40,700
|
1,756
|
|
Spectra Energy Corp.
|
60,842
|
1,701
|
|
* FMC Technologies Inc.
|
22,449
|
917
|
|
EQT Corp.
|
13,830
|
831
|
|
Noble Corp.
|
23,381
|
806
|
|
CONSOL Energy Inc.
|
20,976
|
658
|
|
Peabody Energy Corp.
|
24,984
|
627
|
|
* Rowan Cos. plc Class A
|
11,527
|
366
|
|
* Newfield Exploration Co.
|
12,551
|
305
|
|
* WPX Energy Inc.
|
18,760
|
296
|
|
|
|
29,563
|
|
Financials (23.3%)
|
|
|
|
JPMorgan Chase & Co.
|
354,754
|
14,573
|
|
Bank of America Corp.
|
1,001,856
|
9,878
|
|
Citigroup Inc.
|
273,448
|
9,453
|
|
American Express Co.
|
105,847
|
5,917
|
|
US Bancorp
|
176,860
|
5,705
|
|
Goldman Sachs Group Inc.
|
44,766
|
5,273
|
|
* American International Group Inc.
|
115,599
|
3,830
|
|
Capital One Financial Corp.
|
54,201
|
3,122
|
|
American Tower Corporation
|
37,037
|
2,775
|
|
PNC Financial Services Group Inc.
|
49,198
|
2,762
|
|
Travelers Cos. Inc.
|
36,337
|
2,573
|
|
ACE Ltd.
|
31,638
|
2,507
|
|
MetLife Inc.
|
73,880
|
2,452
|
|
Morgan Stanley
|
138,562
|
2,338
|
|
Aflac Inc.
|
43,832
|
2,323
|
|
|
|
|
|
BlackRock Inc.
|
11,777
|
2,321
|
|
Prudential Financial Inc.
|
43,358
|
2,260
|
|
Discover Financial Services
|
48,342
|
2,012
|
|
State Street Corp.
|
44,832
|
1,992
|
|
Franklin Resources Inc.
|
14,880
|
1,964
|
|
Chubb Corp.
|
24,817
|
1,911
|
|
Allstate Corp.
|
45,351
|
1,836
|
|
BB&T Corp.
|
64,831
|
1,826
|
|
HCP Inc.
|
40,102
|
1,807
|
|
Marsh & McLennan Cos. Inc.
|
50,381
|
1,774
|
|
Ventas Inc.
|
27,484
|
1,749
|
|
Aon plc
|
30,257
|
1,719
|
|
CME Group Inc.
|
30,945
|
1,710
|
|
Public Storage
|
11,956
|
1,681
|
|
Equity Residential
|
28,102
|
1,560
|
|
Charles Schwab Corp.
|
118,054
|
1,547
|
|
T. Rowe Price Group Inc.
|
23,637
|
1,529
|
|
Loews Corp.
|
37,077
|
1,516
|
|
Prologis Inc.
|
42,901
|
1,456
|
|
Weyerhaeuser Co.
|
49,972
|
1,377
|
|
SunTrust Banks Inc.
|
50,067
|
1,359
|
|
Annaly Capital Management Inc.
|
90,395
|
1,331
|
|
Fifth Third Bancorp
|
85,529
|
1,252
|
|
Progressive Corp.
|
56,855
|
1,208
|
|
Ameriprise Financial Inc.
|
19,719
|
1,196
|
|
M&T Bank Corp.
|
11,657
|
1,139
|
|
Northern Trust Corp.
|
22,534
|
1,082
|
|
Invesco Ltd.
|
41,997
|
1,049
|
|
Moody's Corp.
|
20,690
|
1,005
|
|
* IntercontinentalExchange Inc.
|
6,789
|
897
|
|
Regions Financial Corp.
|
131,552
|
877
|
|
Hartford Financial Services Group Inc.
|
40,504
|
858
|
|
Principal Financial Group Inc.
|
27,449
|
745
|
|
SLM Corp.
|
43,676
|
723
|
|
KeyCorp
|
88,092
|
712
|
|
XL Group plc Class A
|
28,551
|
695
|
|
* CIT Group Inc.
|
18,694
|
693
|
|
Macerich Co.
|
12,253
|
692
|
|
Lincoln National Corp.
|
26,115
|
645
|
|
Plum Creek Timber Co. Inc.
|
15,042
|
645
|
|
Cincinnati Financial Corp.
|
15,065
|
610
|
|
Willis Group Holdings plc
|
16,245
|
570
|
|
* CBRE Group Inc. Class A
|
30,017
|
568
|
|
NYSE Euronext
|
23,083
|
539
|
|
Comerica Inc.
|
18,123
|
536
|
|
Unum Group
|
26,289
|
536
|
|
New York Community Bancorp Inc.
|
40,250
|
524
|
|
Huntington Bancshares Inc.
|
79,851
|
491
|
|
PartnerRe Ltd.
|
5,858
|
486
|
|
Torchmark Corp.
|
8,875
|
461
|
|
* Markel Corp.
|
907
|
434
|
|
Axis Capital Holdings Ltd.
|
11,846
|
426
|
|
Arthur J Gallagher & Co.
|
11,141
|
407
|
|
People's United Financial Inc.
|
32,823
|
400
|
|
Hudson City Bancorp Inc.
|
49,492
|
399
|
|
RenaissanceRe Holdings Ltd.
|
4,758
|
394
|
|
Liberty Property Trust
|
10,820
|
377
|
|
|
|
|
|
Brown & Brown Inc.
|
13,076
|
351
|
|
Zions Bancorporation
|
17,276
|
347
|
|
Duke Realty Corp.
|
24,866
|
336
|
|
Legg Mason Inc.
|
12,717
|
325
|
|
White Mountains Insurance Group Ltd.
|
615
|
317
|
|
SEI Investments Co.
|
12,280
|
270
|
|
* Genworth Financial Inc. Class A
|
44,491
|
265
|
|
Old Republic International Corp.
|
24,162
|
253
|
|
Assurant Inc.
|
7,386
|
253
|
|
Erie Indemnity Co. Class A
|
3,376
|
241
|
|
City National Corp.
|
4,838
|
236
|
|
Mercury General Corp.
|
2,676
|
111
|
|
|
|
141,294
|
|
Health Care (24.1%)
|
|
|
|
Johnson & Johnson
|
256,371
|
17,877
|
|
Pfizer Inc.
|
703,672
|
17,606
|
|
Merck & Co. Inc.
|
283,968
|
12,580
|
|
Abbott Laboratories
|
146,830
|
9,544
|
|
Amgen Inc.
|
72,685
|
6,454
|
|
Eli Lilly & Co.
|
107,304
|
5,262
|
|
* Gilead Sciences Inc.
|
70,133
|
5,260
|
|
UnitedHealth Group Inc.
|
96,412
|
5,244
|
|
Bristol-Myers Squibb Co.
|
158,302
|
5,165
|
|
* Express Scripts Holding Co.
|
75,765
|
4,080
|
|
Medtronic Inc.
|
95,718
|
4,031
|
|
Baxter International Inc.
|
51,356
|
3,403
|
|
* Biogen Idec Inc.
|
22,101
|
3,295
|
|
* Celgene Corp.
|
40,374
|
3,173
|
|
Covidien plc
|
45,114
|
2,622
|
|
Allergan Inc.
|
28,172
|
2,613
|
|
Thermo Fisher Scientific Inc.
|
34,348
|
2,183
|
|
McKesson Corp.
|
22,009
|
2,079
|
|
* Intuitive Surgical Inc.
|
3,712
|
1,964
|
|
* Alexion Pharmaceuticals Inc.
|
17,914
|
1,720
|
|
WellPoint Inc.
|
30,394
|
1,699
|
|
Stryker Corp.
|
26,782
|
1,451
|
|
Becton Dickinson and Co.
|
18,673
|
1,432
|
|
Cigna Corp.
|
26,960
|
1,409
|
|
Aetna Inc.
|
31,278
|
1,351
|
|
Cardinal Health Inc.
|
31,872
|
1,289
|
|
Agilent Technologies Inc.
|
32,135
|
1,230
|
|
Zimmer Holdings Inc.
|
16,467
|
1,086
|
|
* DaVita HealthCare Partners Inc.
|
9,775
|
1,056
|
|
* Watson Pharmaceuticals Inc.
|
11,822
|
1,040
|
|
* Mylan Inc.
|
37,699
|
1,025
|
|
St. Jude Medical Inc.
|
29,347
|
1,006
|
|
Humana Inc.
|
15,155
|
991
|
|
AmerisourceBergen Corp. Class A
|
23,456
|
990
|
|
* Edwards Lifesciences Corp.
|
10,857
|
942
|
|
Perrigo Co.
|
8,721
|
903
|
|
* Forest Laboratories Inc.
|
24,979
|
886
|
|
Quest Diagnostics Inc.
|
14,695
|
849
|
|
* Vertex Pharmaceuticals Inc.
|
20,210
|
804
|
|
* Life Technologies Corp.
|
16,288
|
804
|
|
CR Bard Inc.
|
7,959
|
788
|
|
* Laboratory Corp. of America Holdings
|
9,041
|
765
|
|
* Boston Scientific Corp.
|
132,263
|
733
|
|
|
|
|
|
* Waters Corp.
|
8,171
|
691
|
|
* Henry Schein Inc.
|
8,181
|
661
|
|
* Illumina Inc.
|
11,556
|
621
|
|
* CareFusion Corp.
|
20,648
|
576
|
|
Coventry Health Care Inc.
|
12,577
|
549
|
|
DENTSPLY International Inc.
|
13,027
|
517
|
|
* Hospira Inc.
|
15,212
|
453
|
|
Universal Health Services Inc. Class B
|
8,484
|
382
|
|
Omnicare Inc.
|
10,440
|
378
|
|
Patterson Cos. Inc.
|
10,282
|
351
|
|
|
|
145,863
|
|
Industrials (6.3%)
|
|
|
|
Caterpillar Inc.
|
60,845
|
5,186
|
|
United Parcel Service Inc. Class B
|
67,641
|
4,945
|
|
Deere & Co.
|
36,522
|
3,070
|
|
Illinois Tool Works Inc.
|
43,780
|
2,696
|
|
FedEx Corp.
|
29,478
|
2,639
|
|
Norfolk Southern Corp.
|
36,407
|
2,198
|
|
CSX Corp.
|
96,993
|
1,917
|
|
Cummins Inc.
|
17,754
|
1,743
|
|
PACCAR Inc.
|
33,028
|
1,451
|
|
Ingersoll-Rand plc
|
28,668
|
1,398
|
|
Waste Management Inc.
|
42,821
|
1,395
|
|
WW Grainger Inc.
|
6,581
|
1,277
|
|
Stanley Black & Decker Inc.
|
15,754
|
1,133
|
|
Rockwell Automation Inc.
|
13,351
|
1,058
|
|
Pentair Ltd.
|
19,690
|
955
|
|
Pall Corp.
|
10,680
|
635
|
|
Masco Corp.
|
33,522
|
568
|
|
Equifax Inc.
|
11,058
|
567
|
|
Iron Mountain Inc.
|
17,492
|
553
|
|
JB Hunt Transport Services Inc.
|
8,171
|
486
|
|
* Fortune Brands Home & Security Inc.
|
14,813
|
444
|
|
Robert Half International Inc.
|
13,458
|
380
|
|
Dun & Bradstreet Corp.
|
4,229
|
335
|
|
Avery Dennison Corp.
|
9,307
|
311
|
|
Manpower Inc.
|
7,510
|
289
|
|
Ryder System Inc.
|
4,849
|
228
|
|
Pitney Bowes Inc.
|
18,339
|
205
|
|
ITT Corp.
|
8,670
|
194
|
|
RR Donnelley & Sons Co.
|
16,705
|
157
|
|
|
|
38,413
|
|
Information Technology (18.9%)
|
|
|
|
* Google Inc. Class A
|
24,274
|
16,952
|
|
Oracle Corp.
|
455,836
|
14,632
|
|
QUALCOMM Inc.
|
159,029
|
10,117
|
|
Visa Inc. Class A
|
48,923
|
7,324
|
|
* eBay Inc.
|
120,340
|
6,356
|
|
Mastercard Inc. Class A
|
11,264
|
5,505
|
|
* EMC Corp.
|
196,099
|
4,867
|
|
Accenture plc Class A
|
59,784
|
4,061
|
|
Texas Instruments Inc.
|
106,813
|
3,148
|
|
Automatic Data Processing Inc.
|
45,689
|
2,593
|
|
Hewlett-Packard Co.
|
185,739
|
2,413
|
|
* Yahoo! Inc.
|
110,674
|
2,077
|
|
* Cognizant Technology Solutions Corp. Class A
|
27,795
|
1,869
|
|
|
|
|
|
Corning Inc.
|
139,342
|
1,704
|
|
Intuit Inc.
|
27,322
|
1,637
|
|
* Adobe Systems Inc.
|
46,141
|
1,597
|
|
* Salesforce.com Inc.
|
9,740
|
1,536
|
|
Broadcom Corp. Class A
|
47,369
|
1,534
|
|
Applied Materials Inc.
|
115,634
|
1,241
|
|
* Symantec Corp.
|
65,731
|
1,233
|
|
* Citrix Systems Inc.
|
17,232
|
1,054
|
|
* Fiserv Inc.
|
12,722
|
979
|
|
Altera Corp.
|
29,746
|
963
|
|
* Teradata Corp.
|
15,747
|
937
|
|
* SanDisk Corp.
|
22,667
|
886
|
|
* Check Point Software Technologies Ltd.
|
19,163
|
885
|
|
* Juniper Networks Inc.
|
49,108
|
883
|
|
Xilinx Inc.
|
24,462
|
848
|
|
Xerox Corp.
|
121,579
|
828
|
|
* VMware Inc. Class A
|
8,859
|
806
|
|
Avago Technologies Ltd.
|
22,914
|
804
|
|
Western Digital Corp.
|
23,007
|
769
|
|
CA Inc.
|
32,829
|
727
|
|
* Autodesk Inc.
|
21,595
|
715
|
|
Western Union Co.
|
55,892
|
705
|
|
* F5 Networks Inc.
|
7,371
|
691
|
|
* Alliance Data Systems Corp.
|
4,845
|
690
|
|
NVIDIA Corp.
|
57,606
|
690
|
|
* Red Hat Inc.
|
13,373
|
661
|
|
* Akamai Technologies Inc.
|
16,504
|
604
|
|
* BMC Software Inc.
|
14,720
|
603
|
|
* Lam Research Corp.
|
17,012
|
597
|
|
* Micron Technology Inc.
|
95,300
|
570
|
|
* VeriSign Inc.
|
14,625
|
499
|
|
* Synopsys Inc.
|
13,888
|
456
|
|
* Electronic Arts Inc.
|
29,840
|
442
|
|
* Avnet Inc.
|
13,327
|
390
|
|
Total System Services Inc.
|
17,445
|
383
|
|
* Arrow Electronics Inc.
|
10,203
|
380
|
|
* NCR Corp.
|
14,608
|
350
|
|
* LSI Corp.
|
51,245
|
345
|
|
Broadridge Financial Solutions Inc.
|
11,400
|
269
|
|
DST Systems Inc.
|
4,105
|
237
|
|
Molex Inc.
|
6,775
|
179
|
|
Molex Inc. Class A
|
7,629
|
166
|
|
* Rovi Corp.
|
9,897
|
152
|
|
|
|
114,539
|
|
Materials (4.0%)
|
|
|
|
EI du Pont de Nemours & Co.
|
86,708
|
3,741
|
|
Dow Chemical Co.
|
111,367
|
3,362
|
|
Praxair Inc.
|
27,988
|
3,001
|
|
Ecolab Inc.
|
27,335
|
1,970
|
|
Air Products & Chemicals Inc.
|
19,848
|
1,646
|
|
International Paper Co.
|
40,635
|
1,509
|
|
Mosaic Co.
|
27,740
|
1,500
|
|
Sherwin-Williams Co.
|
9,630
|
1,469
|
|
Southern Copper Corp.
|
23,782
|
863
|
|
Sigma-Aldrich Corp.
|
11,158
|
809
|
|
Ball Corp.
|
14,620
|
653
|
|
Vulcan Materials Co.
|
12,027
|
636
|
|
|
|
|
|
|
Ashland Inc.
|
|
7,340
|
521
|
|
MeadWestvaco Corp.
|
|
15,983
|
494
|
|
International Flavors & Fragrances Inc.
|
|
7,524
|
489
|
|
Airgas Inc.
|
|
5,446
|
482
|
|
Cliffs Natural Resources Inc.
|
|
13,121
|
377
|
|
Bemis Co. Inc.
|
|
9,599
|
323
|
|
Sealed Air Corp.
|
|
18,250
|
307
|
|
* Owens-Illinois Inc.
|
|
15,174
|
304
|
|
|
|
|
24,456
|
|
Telecommunication Services (0.5%)
|
|
|
|
|
* Sprint Nextel Corp.
|
|
278,094
|
1,593
|
|
Windstream Corp.
|
|
54,393
|
456
|
|
Frontier Communications Corp.
|
|
92,723
|
446
|
|
Telephone & Data Systems Inc.
|
|
9,482
|
218
|
|
|
|
|
2,713
|
|
Utilities (1.2%)
|
|
|
|
|
Consolidated Edison Inc.
|
|
27,043
|
1,509
|
|
Northeast Utilities
|
|
29,317
|
1,136
|
|
Wisconsin Energy Corp.
|
|
21,671
|
813
|
|
CenterPoint Energy Inc.
|
|
39,750
|
784
|
|
NiSource Inc.
|
|
26,314
|
636
|
|
* Calpine Corp.
|
|
32,645
|
564
|
|
Alliant Energy Corp.
|
|
10,413
|
467
|
|
Pepco Holdings Inc.
|
|
21,226
|
419
|
|
MDU Resources Group Inc.
|
|
17,201
|
356
|
|
TECO Energy Inc.
|
|
19,674
|
331
|
|
Questar Corp.
|
|
16,318
|
320
|
|
|
|
|
7,335
|
|
Total Common Stocks (Cost $539,706)
|
|
|
605,858
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.3%)
|
|
|
|
|
Money Market Fund (0.3%)
|
|
|
|
|
1 Vanguard Market Liquidity Fund
(Cost
|
|
|
|
|
$1,627)
|
0.167%
|
1,627,024
|
1,627
|
|
|
|
Total Investments (100.3%) (Cost $541,333)
|
|
|
607,485
|
|
Other Assets and Liabilities-Net (-0.3%)
|
|
|
(1,709)
|
|
Net Assets (100%)
|
|
|
605,776
|
* Non-income-producing security.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
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.
Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used
FTSE Social Index Fund
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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $541,333,000. Net unrealized appreciation of investment securities for tax purposes was $66,152,000, consisting of unrealized gains of $113,297,000 on securities that had risen in value since their purchase and $47,145,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Mega Cap 300 Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.7%)
|
|
|
|
Consumer Discretionary (11.2%)
|
|
|
|
|
Home Depot Inc.
|
93,068
|
6,056
|
|
*
|
Amazon.com Inc.
|
22,336
|
5,630
|
|
|
McDonald's Corp.
|
62,269
|
5,420
|
|
|
Walt Disney Co.
|
105,217
|
5,225
|
|
|
Comcast Corp. Class A
|
129,105
|
4,800
|
|
|
Time Warner Inc.
|
58,589
|
2,771
|
|
|
News Corp. Class A
|
109,749
|
2,704
|
|
|
Lowe's Cos. Inc.
|
72,971
|
2,634
|
|
|
Ford Motor Co.
|
220,671
|
2,527
|
|
|
Starbucks Corp.
|
47,038
|
2,440
|
|
|
Target Corp.
|
38,414
|
2,425
|
|
|
NIKE Inc. Class B
|
22,472
|
2,191
|
|
*
|
priceline.com Inc.
|
3,084
|
2,045
|
|
|
TJX Cos. Inc.
|
45,881
|
2,034
|
|
*
|
DIRECTV
|
38,741
|
1,925
|
|
|
Yum! Brands Inc.
|
28,147
|
1,888
|
|
|
Time Warner Cable Inc.
|
18,912
|
1,795
|
|
|
Viacom Inc. Class B
|
28,604
|
1,476
|
|
|
CBS Corp. Class B
|
37,515
|
1,350
|
|
|
Comcast Corp.
|
37,353
|
1,346
|
|
*
|
General Motors Co.
|
48,501
|
1,255
|
|
|
Las Vegas Sands Corp.
|
25,541
|
1,191
|
|
|
Johnson Controls Inc.
|
42,199
|
1,162
|
|
|
Carnival Corp.
|
27,711
|
1,071
|
|
|
Coach Inc.
|
17,853
|
1,033
|
|
|
Macy's Inc.
|
24,845
|
962
|
|
|
VF Corp.
|
5,445
|
874
|
|
*
|
Bed Bath & Beyond Inc.
|
14,386
|
845
|
|
|
McGraw-Hill Cos. Inc.
|
15,572
|
827
|
|
|
Omnicom Group Inc.
|
16,394
|
815
|
|
*
|
Dollar General Corp.
|
16,297
|
815
|
|
*
|
AutoZone Inc.
|
2,118
|
813
|
|
|
Ross Stores Inc.
|
14,222
|
810
|
|
|
Limited Brands Inc.
|
15,406
|
803
|
|
*
|
Liberty Media Corp. - Liberty Capital Class A
|
6,507
|
716
|
|
|
Gap Inc.
|
19,735
|
680
|
|
|
Kohl's Corp.
|
14,107
|
630
|
|
|
Ralph Lauren Corp. Class A
|
3,827
|
601
|
|
|
Marriott International Inc. Class A
|
16,449
|
597
|
|
|
Wynn Resorts Ltd.
|
5,001
|
562
|
|
*
|
Discovery Communications Inc. Class A
|
9,021
|
545
|
|
|
Staples Inc.
|
42,794
|
501
|
|
|
Liberty Global Inc. Class A
|
8,654
|
485
|
|
*
|
DISH Network Corp. Class A
|
13,085
|
485
|
|
|
Liberty Global Inc.
|
7,025
|
370
|
|
|
News Corp. Class B
|
13,996
|
353
|
|
*
|
Discovery Communications Inc.
|
5,840
|
329
|
|
|
|
|
|
Best Buy Co. Inc.
|
18,098
|
237
|
|
|
|
79,049
|
|
Consumer Staples (11.7%)
|
|
|
|
Procter & Gamble Co.
|
170,747
|
11,923
|
|
Coca-Cola Co.
|
250,785
|
9,510
|
|
Philip Morris International Inc.
|
104,082
|
9,355
|
|
Wal-Mart Stores Inc.
|
114,931
|
8,277
|
|
PepsiCo Inc.
|
96,105
|
6,747
|
|
Altria Group Inc.
|
126,167
|
4,266
|
|
CVS Caremark Corp.
|
78,561
|
3,654
|
|
Colgate-Palmolive Co.
|
29,281
|
3,177
|
|
Costco Wholesale Corp.
|
26,848
|
2,792
|
|
Mondelez International Inc. Class A
|
104,315
|
2,701
|
|
Kimberly-Clark Corp.
|
24,275
|
2,081
|
|
Walgreen Co.
|
55,302
|
1,875
|
|
General Mills Inc.
|
40,130
|
1,645
|
|
* Kraft Foods Group Inc.
|
34,753
|
1,571
|
|
HJ Heinz Co.
|
19,826
|
1,159
|
|
Sysco Corp.
|
36,232
|
1,147
|
|
Archer-Daniels-Midland Co.
|
40,744
|
1,088
|
|
Whole Foods Market Inc.
|
10,782
|
1,007
|
|
Lorillard Inc.
|
8,110
|
983
|
|
Reynolds American Inc.
|
21,312
|
932
|
|
Kroger Co.
|
32,934
|
864
|
|
Mead Johnson Nutrition Co.
|
12,633
|
861
|
|
Kellogg Co.
|
15,522
|
861
|
|
Estee Lauder Cos. Inc. Class A
|
14,665
|
854
|
|
ConAgra Foods Inc.
|
25,685
|
767
|
|
Hershey Co.
|
9,571
|
701
|
|
Brown-Forman Corp. Class B
|
7,614
|
534
|
|
Campbell Soup Co.
|
11,798
|
434
|
|
Molson Coors Brewing Co. Class B
|
9,331
|
387
|
|
Avon Products Inc.
|
26,817
|
374
|
|
Clorox Co.
|
4,219
|
322
|
|
|
|
82,849
|
|
Energy (11.4%)
|
|
|
|
Exxon Mobil Corp.
|
285,720
|
25,183
|
|
Chevron Corp.
|
121,474
|
12,839
|
|
Schlumberger Ltd.
|
81,946
|
5,869
|
|
ConocoPhillips
|
71,198
|
4,054
|
|
Occidental Petroleum Corp.
|
50,296
|
3,783
|
|
Anadarko Petroleum Corp.
|
30,991
|
2,268
|
|
EOG Resources Inc.
|
16,696
|
1,964
|
|
Phillips 66
|
36,802
|
1,927
|
|
Halliburton Co.
|
57,167
|
1,907
|
|
Apache Corp.
|
24,199
|
1,865
|
|
National Oilwell Varco Inc.
|
26,392
|
1,803
|
|
Kinder Morgan Inc.
|
40,031
|
1,353
|
|
Marathon Oil Corp.
|
43,783
|
1,351
|
|
Williams Cos. Inc.
|
38,822
|
1,275
|
|
Marathon Petroleum Corp.
|
21,162
|
1,260
|
|
Devon Energy Corp.
|
23,822
|
1,231
|
|
Baker Hughes Inc.
|
27,121
|
1,170
|
|
Spectra Energy Corp.
|
40,541
|
1,133
|
|
Valero Energy Corp.
|
34,228
|
1,104
|
|
Noble Energy Inc.
|
11,000
|
1,075
|
|
|
|
|
|
Hess Corp.
|
19,022
|
944
|
|
* Cameron International Corp.
|
15,284
|
825
|
|
Ensco plc Class A
|
13,938
|
812
|
|
* Southwestern Energy Co.
|
21,675
|
752
|
|
Chesapeake Energy Corp.
|
41,170
|
701
|
|
Murphy Oil Corp.
|
11,447
|
649
|
|
Noble Corp.
|
15,701
|
542
|
|
* Weatherford International Ltd.
|
46,795
|
487
|
|
Diamond Offshore Drilling Inc.
|
4,320
|
298
|
|
Continental Resources Inc.
|
2,855
|
196
|
|
|
|
80,620
|
|
Financials (14.7%)
|
|
|
|
Wells Fargo & Co.
|
309,874
|
10,229
|
|
JPMorgan Chase & Co.
|
234,597
|
9,637
|
|
Bank of America Corp.
|
667,758
|
6,584
|
|
Citigroup Inc.
|
181,665
|
6,280
|
|
* Berkshire Hathaway Inc. Class B
|
56,907
|
5,012
|
|
US Bancorp
|
117,473
|
3,790
|
|
American Express Co.
|
62,992
|
3,521
|
|
Goldman Sachs Group Inc.
|
28,312
|
3,335
|
|
Simon Property Group Inc.
|
18,770
|
2,855
|
|
* American International Group Inc.
|
68,666
|
2,275
|
|
Capital One Financial Corp.
|
36,049
|
2,076
|
|
PNC Financial Services Group Inc.
|
32,744
|
1,838
|
|
American Tower Corporation
|
24,446
|
1,832
|
|
Bank of New York Mellon Corp.
|
73,898
|
1,769
|
|
MetLife Inc.
|
52,632
|
1,747
|
|
Travelers Cos. Inc.
|
24,114
|
1,708
|
|
ACE Ltd.
|
20,996
|
1,664
|
|
BlackRock Inc.
|
8,203
|
1,616
|
|
Morgan Stanley
|
91,955
|
1,551
|
|
Aflac Inc.
|
29,014
|
1,537
|
|
Prudential Financial Inc.
|
28,948
|
1,509
|
|
Discover Financial Services
|
31,780
|
1,322
|
|
State Street Corp.
|
29,577
|
1,314
|
|
Public Storage
|
9,051
|
1,273
|
|
HCP Inc.
|
28,079
|
1,265
|
|
Chubb Corp.
|
16,411
|
1,264
|
|
Allstate Corp.
|
30,448
|
1,233
|
|
Franklin Resources Inc.
|
9,319
|
1,230
|
|
BB&T Corp.
|
43,372
|
1,222
|
|
Marsh & McLennan Cos. Inc.
|
33,756
|
1,189
|
|
Ventas Inc.
|
18,265
|
1,163
|
|
Equity Residential
|
19,939
|
1,107
|
|
Aon plc
|
19,151
|
1,088
|
|
CME Group Inc.
|
19,538
|
1,080
|
|
T. Rowe Price Group Inc.
|
15,775
|
1,020
|
|
Prologis Inc.
|
28,474
|
966
|
|
Boston Properties Inc.
|
9,264
|
951
|
|
Health Care REIT Inc.
|
16,084
|
947
|
|
AvalonBay Communities Inc.
|
6,979
|
920
|
|
Weyerhaeuser Co.
|
33,288
|
917
|
|
SunTrust Banks Inc.
|
33,284
|
904
|
|
Annaly Capital Management Inc.
|
60,308
|
888
|
|
Charles Schwab Corp.
|
67,039
|
878
|
|
Fifth Third Bancorp
|
57,098
|
836
|
|
Loews Corp.
|
19,704
|
806
|
|
|
|
|
|
Ameriprise Financial Inc.
|
13,044
|
791
|
|
Vornado Realty Trust
|
10,339
|
790
|
|
Progressive Corp.
|
35,844
|
762
|
|
Invesco Ltd.
|
27,737
|
693
|
|
M&T Bank Corp.
|
7,068
|
691
|
|
Northern Trust Corp.
|
13,497
|
648
|
|
Hartford Financial Services Group Inc.
|
26,004
|
551
|
|
General Growth Properties Inc.
|
26,259
|
509
|
|
TD Ameritrade Holding Corp.
|
13,515
|
219
|
|
|
|
103,802
|
|
Health Care (12.3%)
|
|
|
|
Johnson & Johnson
|
170,718
|
11,904
|
|
Pfizer Inc.
|
462,125
|
11,562
|
|
Merck & Co. Inc.
|
188,517
|
8,351
|
|
Abbott Laboratories
|
96,916
|
6,300
|
|
Amgen Inc.
|
47,592
|
4,226
|
|
* Gilead Sciences Inc.
|
46,960
|
3,522
|
|
UnitedHealth Group Inc.
|
63,772
|
3,469
|
|
Bristol-Myers Squibb Co.
|
103,681
|
3,383
|
|
Eli Lilly & Co.
|
64,774
|
3,177
|
|
* Express Scripts Holding Co.
|
49,886
|
2,686
|
|
Medtronic Inc.
|
63,289
|
2,665
|
|
Baxter International Inc.
|
33,785
|
2,239
|
|
* Celgene Corp.
|
26,634
|
2,093
|
|
* Biogen Idec Inc.
|
13,864
|
2,067
|
|
Allergan Inc.
|
19,053
|
1,767
|
|
Covidien plc
|
29,888
|
1,737
|
|
Thermo Fisher Scientific Inc.
|
22,794
|
1,449
|
|
McKesson Corp.
|
14,610
|
1,380
|
|
* Intuitive Surgical Inc.
|
2,466
|
1,304
|
|
* Alexion Pharmaceuticals Inc.
|
11,927
|
1,145
|
|
WellPoint Inc.
|
20,074
|
1,122
|
|
Stryker Corp.
|
18,902
|
1,024
|
|
Becton Dickinson and Co.
|
12,541
|
962
|
|
Cigna Corp.
|
17,838
|
932
|
|
Aetna Inc.
|
20,626
|
891
|
|
Cardinal Health Inc.
|
21,453
|
868
|
|
Regeneron Pharmaceuticals Inc.
|
4,739
|
837
|
|
Agilent Technologies Inc.
|
21,560
|
826
|
|
Zimmer Holdings Inc.
|
10,885
|
718
|
|
St. Jude Medical Inc.
|
19,381
|
664
|
|
Humana Inc.
|
10,116
|
662
|
|
* Forest Laboratories Inc.
|
16,648
|
590
|
|
* Boston Scientific Corp.
|
88,328
|
489
|
|
HCA Holdings Inc.
|
10,897
|
346
|
|
|
|
87,357
|
|
Industrials (9.9%)
|
|
|
|
General Electric Co.
|
653,707
|
13,813
|
|
United Technologies Corp.
|
53,681
|
4,300
|
|
3M Co.
|
40,557
|
3,689
|
|
Union Pacific Corp.
|
29,242
|
3,590
|
|
Caterpillar Inc.
|
40,441
|
3,447
|
|
United Parcel Service Inc. Class B
|
45,002
|
3,290
|
|
Boeing Co.
|
44,133
|
3,278
|
|
Honeywell International Inc.
|
45,848
|
2,812
|
|
Emerson Electric Co.
|
44,910
|
2,256
|
|
|
|
|
|
Danaher Corp.
|
36,463
|
1,968
|
|
Deere & Co.
|
22,971
|
1,931
|
|
FedEx Corp.
|
18,573
|
1,663
|
|
Precision Castparts Corp.
|
9,002
|
1,651
|
|
Illinois Tool Works Inc.
|
26,048
|
1,604
|
|
Lockheed Martin Corp.
|
17,103
|
1,596
|
|
CSX Corp.
|
64,482
|
1,274
|
|
General Dynamics Corp.
|
18,511
|
1,231
|
|
Norfolk Southern Corp.
|
19,726
|
1,191
|
|
Raytheon Co.
|
20,623
|
1,178
|
|
Cummins Inc.
|
11,303
|
1,109
|
|
Eaton Corp.
|
19,841
|
1,035
|
|
Northrop Grumman Corp.
|
14,792
|
987
|
|
Ingersoll-Rand plc
|
19,022
|
928
|
|
PACCAR Inc.
|
21,031
|
924
|
|
Waste Management Inc.
|
27,197
|
886
|
|
Cooper Industries plc
|
11,556
|
861
|
|
Tyco International Ltd.
|
28,697
|
814
|
|
Parker Hannifin Corp.
|
9,371
|
770
|
|
Fastenal Co.
|
17,737
|
741
|
|
Dover Corp.
|
11,411
|
726
|
|
WW Grainger Inc.
|
3,735
|
725
|
|
Stanley Black & Decker Inc.
|
10,045
|
722
|
|
Rockwell Automation Inc.
|
8,859
|
702
|
|
CH Robinson Worldwide Inc.
|
10,073
|
622
|
|
Fluor Corp.
|
10,522
|
558
|
|
Republic Services Inc. Class A
|
19,589
|
558
|
|
Expeditors International of Washington Inc.
|
13,204
|
494
|
|
Rockwell Collins Inc.
|
8,574
|
490
|
|
|
|
70,414
|
|
Information Technology (20.0%)
|
|
|
|
Apple Inc.
|
58,044
|
33,972
|
|
International Business Machines Corp.
|
67,205
|
12,774
|
|
Microsoft Corp.
|
467,136
|
12,435
|
|
* Google Inc. Class A
|
16,183
|
11,302
|
|
Oracle Corp.
|
241,137
|
7,741
|
|
QUALCOMM Inc.
|
105,182
|
6,692
|
|
Cisco Systems Inc.
|
331,911
|
6,276
|
|
Intel Corp.
|
308,944
|
6,046
|
|
Visa Inc. Class A
|
32,721
|
4,899
|
|
* eBay Inc.
|
72,022
|
3,804
|
|
Mastercard Inc. Class A
|
6,649
|
3,249
|
|
* EMC Corp.
|
130,163
|
3,231
|
|
Accenture plc Class A
|
39,191
|
2,662
|
|
Texas Instruments Inc.
|
70,857
|
2,088
|
|
Automatic Data Processing Inc.
|
30,306
|
1,720
|
|
* Facebook Inc. Class A
|
59,776
|
1,674
|
|
Hewlett-Packard Co.
|
122,464
|
1,591
|
|
* Yahoo! Inc.
|
69,462
|
1,304
|
|
* Salesforce.com Inc.
|
8,139
|
1,283
|
|
* Cognizant Technology Solutions Corp. Class A
|
18,432
|
1,239
|
|
Corning Inc.
|
93,883
|
1,148
|
|
* Adobe Systems Inc.
|
30,701
|
1,063
|
|
Intuit Inc.
|
17,272
|
1,035
|
|
Broadcom Corp. Class A
|
30,797
|
997
|
|
TE Connectivity Ltd.
|
26,448
|
931
|
|
Dell Inc.
|
92,027
|
887
|
|
|
|
|
|
Motorola Solutions Inc.
|
16,262
|
885
|
|
* Symantec Corp.
|
44,546
|
836
|
|
Applied Materials Inc.
|
76,371
|
819
|
|
Analog Devices Inc.
|
18,506
|
751
|
|
* NetApp Inc.
|
22,449
|
712
|
|
* Citrix Systems Inc.
|
11,516
|
704
|
|
Paychex Inc.
|
20,279
|
660
|
|
Altera Corp.
|
20,050
|
649
|
|
* Juniper Networks Inc.
|
32,749
|
589
|
|
Xerox Corp.
|
83,329
|
567
|
|
Western Union Co.
|
37,883
|
478
|
|
* VMware Inc. Class A
|
5,115
|
465
|
|
CA Inc.
|
20,413
|
452
|
|
Activision Blizzard Inc.
|
27,480
|
314
|
|
Marvell Technology Group Ltd.
|
29,796
|
253
|
|
|
|
141,177
|
|
Materials (3.1%)
|
|
|
|
Monsanto Co.
|
33,036
|
3,026
|
|
EI du Pont de Nemours & Co.
|
57,450
|
2,478
|
|
Freeport-McMoRan Copper & Gold Inc.
|
58,854
|
2,296
|
|
Dow Chemical Co.
|
74,161
|
2,239
|
|
Praxair Inc.
|
18,494
|
1,983
|
|
Newmont Mining Corp.
|
30,722
|
1,447
|
|
Ecolab Inc.
|
18,076
|
1,303
|
|
PPG Industries Inc.
|
9,443
|
1,173
|
|
Air Products & Chemicals Inc.
|
13,083
|
1,085
|
|
Mosaic Co.
|
19,094
|
1,032
|
|
LyondellBasell Industries NV Class A
|
19,564
|
973
|
|
International Paper Co.
|
25,759
|
957
|
|
Sherwin-Williams Co.
|
5,500
|
839
|
|
Nucor Corp.
|
19,671
|
810
|
|
Alcoa Inc.
|
66,375
|
558
|
|
|
|
22,199
|
|
Telecommunication Services (3.4%)
|
|
|
|
AT&T Inc.
|
357,069
|
12,187
|
|
Verizon Communications Inc.
|
176,106
|
7,770
|
|
CenturyLink Inc.
|
38,529
|
1,496
|
|
* Crown Castle International Corp.
|
18,188
|
1,228
|
|
* Sprint Nextel Corp.
|
185,836
|
1,065
|
|
|
|
23,746
|
|
Utilities (3.0%)
|
|
|
|
Duke Energy Corp.
|
43,595
|
2,782
|
|
Southern Co.
|
53,854
|
2,345
|
|
Dominion Resources Inc.
|
35,401
|
1,809
|
|
NextEra Energy Inc.
|
24,552
|
1,687
|
|
Exelon Corp.
|
52,814
|
1,596
|
|
American Electric Power Co. Inc.
|
30,070
|
1,283
|
|
FirstEnergy Corp.
|
25,918
|
1,100
|
|
PG&E Corp.
|
26,223
|
1,074
|
|
PPL Corp.
|
35,901
|
1,054
|
|
Consolidated Edison Inc.
|
18,157
|
1,013
|
|
Sempra Energy
|
14,163
|
969
|
|
Public Service Enterprise Group Inc.
|
31,389
|
945
|
|
Edison International
|
19,208
|
874
|
|
Xcel Energy Inc.
|
30,221
|
817
|
|
Northeast Utilities
|
19,446
|
753
|
|
|
|
|
|
Entergy Corp.
|
10,969
|
697
|
|
AES Corp.
|
40,960
|
437
|
|
|
|
21,235
|
|
|
|
Total Investments (100.7%) (Cost $624,256)
|
|
712,448
|
|
Other Assets and Liabilities-Net (-0.7%)
|
|
(5,238)
|
|
Net Assets (100%)
|
|
707,210
|
* Non-income-producing security.
REIT—Real Estate Investment Trust.
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.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $624,256,000. Net unrealized appreciation of investment securities for tax purposes was $88,192,000, consisting of unrealized gains of $117,345,000 on securities that had risen in value since their purchase and $29,153,000 in unrealized losses on securities that had fallen in value since their purchase.
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Vanguard Mega Cap 300 Growth Index Fund
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Schedule of Investments
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As of November 30, 2012
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Market
|
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Value
|
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Shares
|
($000)
|
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Common Stocks (100.1%)
1
|
|
|
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Consumer Discretionary (19.5%)
|
|
|
|
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Home Depot Inc.
|
203,977
|
13,273
|
|
|
Comcast Corp. Class A
|
338,973
|
12,603
|
|
*
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Amazon.com Inc.
|
48,877
|
12,319
|
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McDonald's Corp.
|
136,271
|
11,861
|
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Walt Disney Co.
|
230,458
|
11,445
|
|
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Lowe's Cos. Inc.
|
159,133
|
5,743
|
|
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Starbucks Corp.
|
102,707
|
5,327
|
|
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Target Corp.
|
84,028
|
5,305
|
|
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News Corp. Class A
|
197,609
|
4,869
|
|
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NIKE Inc. Class B
|
49,129
|
4,789
|
|
*
|
priceline.com Inc.
|
6,727
|
4,461
|
|
|
TJX Cos. Inc.
|
99,491
|
4,411
|
|
*
|
DIRECTV
|
84,772
|
4,213
|
|
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Yum! Brands Inc.
|
61,617
|
4,133
|
|
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Time Warner Cable Inc.
|
41,409
|
3,929
|
|
|
Viacom Inc. Class B
|
62,589
|
3,230
|
|
|
CBS Corp. Class B
|
80,646
|
2,902
|
|
|
Las Vegas Sands Corp.
|
55,536
|
2,591
|
|
|
Coach Inc.
|
38,452
|
2,224
|
|
|
Macy's Inc.
|
54,409
|
2,106
|
|
|
Ford Motor Co.
|
168,232
|
1,926
|
|
|
VF Corp.
|
11,935
|
1,916
|
|
*
|
Bed Bath & Beyond Inc.
|
31,607
|
1,856
|
|
|
News Corp. Class B
|
73,303
|
1,849
|
|
|
McGraw-Hill Cos. Inc.
|
34,370
|
1,825
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|
*
|
Dollar General Corp.
|
35,871
|
1,794
|
|
|
Omnicom Group Inc.
|
35,918
|
1,787
|
|
*
|
AutoZone Inc.
|
4,545
|
1,744
|
|
|
Ross Stores Inc.
|
30,492
|
1,736
|
|
|
Limited Brands Inc.
|
32,954
|
1,719
|
|
|
Gap Inc.
|
42,178
|
1,453
|
|
|
Ralph Lauren Corp. Class A
|
8,149
|
1,280
|
|
|
Marriott International Inc. Class A
|
34,822
|
1,264
|
|
|
Wynn Resorts Ltd.
|
10,938
|
1,229
|
|
*
|
Discovery Communications Inc. Class A
|
19,875
|
1,201
|
|
*
|
DISH Network Corp. Class A
|
28,726
|
1,064
|
|
|
Liberty Global Inc. Class A
|
18,554
|
1,040
|
|
*
|
Liberty Media Corp. - Liberty Capital Class A
|
9,074
|
998
|
|
|
Comcast Corp.
|
25,303
|
912
|
|
|
Liberty Global Inc.
|
15,061
|
794
|
|
*
|
Discovery Communications Inc.
|
12,712
|
715
|
|
|
|
|
151,836
|
|
Consumer Staples (14.8%)
|
|
|
|
|
Coca-Cola Co.
|
549,305
|
20,830
|
|
|
Philip Morris International Inc.
|
228,064
|
20,498
|
|
|
Wal-Mart Stores Inc.
|
251,790
|
18,134
|
|
|
Altria Group Inc.
|
274,779
|
9,290
|
|
|
CVS Caremark Corp.
|
171,969
|
7,998
|
|
|
|
|
|
Colgate-Palmolive Co.
|
64,081
|
6,953
|
|
Costco Wholesale Corp.
|
58,427
|
6,076
|
|
PepsiCo Inc.
|
73,572
|
5,166
|
|
* Kraft Foods Group Inc.
|
75,891
|
3,432
|
|
Whole Foods Market Inc.
|
23,757
|
2,218
|
|
Mead Johnson Nutrition Co.
|
27,539
|
1,878
|
|
Estee Lauder Cos. Inc. Class A
|
31,760
|
1,850
|
|
Kroger Co.
|
69,856
|
1,833
|
|
General Mills Inc.
|
43,990
|
1,803
|
|
Kimberly-Clark Corp.
|
18,683
|
1,602
|
|
Hershey Co.
|
21,387
|
1,567
|
|
Walgreen Co.
|
42,300
|
1,434
|
|
Brown-Forman Corp. Class B
|
16,678
|
1,170
|
|
Lorillard Inc.
|
8,828
|
1,070
|
|
Kellogg Co.
|
11,764
|
652
|
|
|
|
115,454
|
|
Energy (5.0%)
|
|
|
|
Schlumberger Ltd.
|
179,361
|
12,846
|
|
EOG Resources Inc.
|
36,610
|
4,306
|
|
Halliburton Co.
|
125,691
|
4,192
|
|
National Oilwell Varco Inc.
|
57,588
|
3,933
|
|
Kinder Morgan Inc.
|
87,279
|
2,951
|
|
Williams Cos. Inc.
|
85,258
|
2,800
|
|
Noble Energy Inc.
|
23,985
|
2,344
|
|
* Cameron International Corp.
|
33,204
|
1,791
|
|
* Southwestern Energy Co.
|
47,670
|
1,655
|
|
Ensco plc Class A
|
19,449
|
1,132
|
|
Continental Resources Inc.
|
6,122
|
421
|
|
* Weatherford International Ltd.
|
36,226
|
377
|
|
|
|
38,748
|
|
Financials (5.6%)
|
|
|
|
American Express Co.
|
137,812
|
7,704
|
|
Simon Property Group Inc.
|
26,692
|
4,061
|
|
American Tower Corporation
|
53,326
|
3,996
|
|
* Berkshire Hathaway Inc. Class B
|
43,851
|
3,862
|
|
Discover Financial Services
|
69,601
|
2,896
|
|
Franklin Resources Inc.
|
20,170
|
2,663
|
|
Marsh & McLennan Cos. Inc.
|
73,560
|
2,591
|
|
Aon plc
|
41,454
|
2,355
|
|
T. Rowe Price Group Inc.
|
34,272
|
2,216
|
|
Public Storage
|
12,806
|
1,801
|
|
Northern Trust Corp.
|
29,624
|
1,423
|
|
Weyerhaeuser Co.
|
47,269
|
1,303
|
|
Morgan Stanley
|
70,096
|
1,182
|
|
General Growth Properties Inc.
|
57,623
|
1,116
|
|
AvalonBay Communities Inc.
|
7,650
|
1,008
|
|
Equity Residential
|
15,307
|
850
|
|
Boston Properties Inc.
|
7,173
|
736
|
|
Charles Schwab Corp.
|
51,184
|
670
|
|
Vornado Realty Trust
|
7,912
|
605
|
|
TD Ameritrade Holding Corp.
|
30,189
|
489
|
|
|
|
43,527
|
|
Health Care (9.9%)
|
|
|
|
Amgen Inc.
|
104,129
|
9,247
|
|
* Gilead Sciences Inc.
|
102,238
|
7,668
|
|
UnitedHealth Group Inc.
|
139,505
|
7,588
|
|
|
|
|
|
* Express Scripts Holding Co.
|
109,721
|
5,908
|
|
Baxter International Inc.
|
73,912
|
4,898
|
|
* Celgene Corp.
|
58,286
|
4,581
|
|
* Biogen Idec Inc.
|
30,305
|
4,518
|
|
Allergan Inc.
|
41,682
|
3,866
|
|
Covidien plc
|
64,837
|
3,768
|
|
Thermo Fisher Scientific Inc.
|
49,358
|
3,137
|
|
McKesson Corp.
|
32,008
|
3,024
|
|
* Intuitive Surgical Inc.
|
5,406
|
2,860
|
|
* Alexion Pharmaceuticals Inc.
|
26,199
|
2,515
|
|
Stryker Corp.
|
41,108
|
2,226
|
|
Becton Dickinson and Co.
|
26,946
|
2,066
|
|
Cigna Corp.
|
38,979
|
2,037
|
|
Agilent Technologies Inc.
|
47,400
|
1,815
|
|
Regeneron Pharmaceuticals Inc.
|
10,160
|
1,794
|
|
Zimmer Holdings Inc.
|
23,560
|
1,554
|
|
St. Jude Medical Inc.
|
42,675
|
1,463
|
|
HCA Holdings Inc.
|
23,816
|
756
|
|
|
|
77,289
|
|
Industrials (10.9%)
|
|
|
|
United Technologies Corp.
|
117,085
|
9,380
|
|
3M Co.
|
88,879
|
8,083
|
|
Union Pacific Corp.
|
64,169
|
7,879
|
|
United Parcel Service Inc. Class B
|
98,167
|
7,177
|
|
Boeing Co.
|
96,467
|
7,166
|
|
Emerson Electric Co.
|
98,248
|
4,935
|
|
Caterpillar Inc.
|
57,365
|
4,890
|
|
Danaher Corp.
|
80,181
|
4,327
|
|
Deere & Co.
|
50,237
|
4,222
|
|
Precision Castparts Corp.
|
19,694
|
3,612
|
|
FedEx Corp.
|
40,279
|
3,606
|
|
Ingersoll-Rand plc
|
41,642
|
2,031
|
|
PACCAR Inc.
|
45,326
|
1,992
|
|
CSX Corp.
|
91,296
|
1,804
|
|
Tyco International Ltd.
|
62,142
|
1,763
|
|
Lockheed Martin Corp.
|
18,581
|
1,734
|
|
Fastenal Co.
|
38,030
|
1,590
|
|
WW Grainger Inc.
|
8,008
|
1,554
|
|
Cummins Inc.
|
15,819
|
1,553
|
|
Rockwell Automation Inc.
|
19,004
|
1,506
|
|
CH Robinson Worldwide Inc.
|
21,729
|
1,341
|
|
Fluor Corp.
|
22,510
|
1,195
|
|
Expeditors International of Washington Inc.
|
28,449
|
1,064
|
|
Norfolk Southern Corp.
|
15,084
|
911
|
|
|
|
85,315
|
|
Information Technology (31.3%)
|
|
|
|
Apple Inc.
|
126,780
|
74,202
|
|
International Business Machines Corp.
|
146,824
|
27,907
|
|
* Google Inc. Class A
|
35,437
|
24,748
|
|
Oracle Corp.
|
528,413
|
16,962
|
|
QUALCOMM Inc.
|
230,221
|
14,647
|
|
Visa Inc. Class A
|
71,408
|
10,690
|
|
Microsoft Corp.
|
356,885
|
9,500
|
|
* eBay Inc.
|
156,714
|
8,278
|
|
Mastercard Inc. Class A
|
14,550
|
7,110
|
|
* EMC Corp.
|
283,605
|
7,039
|
|
|
|
|
|
|
|
|
|
Accenture plc Class A
|
|
|
85,784
|
5,826
|
|
*
|
Facebook Inc. Class A
|
|
|
129,411
|
3,624
|
|
*
|
Yahoo! Inc.
|
|
|
152,191
|
2,857
|
|
*
|
Salesforce.com Inc.
|
|
|
17,866
|
2,817
|
|
*
|
Cognizant Technology Solutions Corp. Class A
|
|
|
40,288
|
2,709
|
|
|
Automatic Data Processing Inc.
|
|
|
42,566
|
2,416
|
|
*
|
Adobe Systems Inc.
|
|
|
66,404
|
2,298
|
|
|
Intuit Inc.
|
|
|
38,004
|
2,277
|
|
|
Texas Instruments Inc.
|
|
|
76,839
|
2,264
|
|
|
Broadcom Corp. Class A
|
|
|
68,611
|
2,222
|
|
|
Motorola Solutions Inc.
|
|
|
34,748
|
1,892
|
|
*
|
Symantec Corp.
|
|
|
94,818
|
1,779
|
|
|
Analog Devices Inc.
|
|
|
40,707
|
1,653
|
|
*
|
NetApp Inc.
|
|
|
49,461
|
1,568
|
|
*
|
Citrix Systems Inc.
|
|
|
25,350
|
1,550
|
|
|
Altera Corp.
|
|
|
43,168
|
1,398
|
|
*
|
Juniper Networks Inc.
|
|
|
71,871
|
1,292
|
|
|
Western Union Co.
|
|
|
81,353
|
1,026
|
|
*
|
VMware Inc. Class A
|
|
|
11,037
|
1,004
|
|
|
Paychex Inc.
|
|
|
15,446
|
503
|
|
|
|
|
|
|
244,058
|
|
Materials (2.6%)
|
|
|
|
|
|
|
Monsanto Co.
|
|
|
72,028
|
6,597
|
|
|
Praxair Inc.
|
|
|
40,268
|
4,317
|
|
|
Ecolab Inc.
|
|
|
39,537
|
2,850
|
|
|
PPG Industries Inc.
|
|
|
20,680
|
2,570
|
|
|
Newmont Mining Corp.
|
|
|
43,894
|
2,067
|
|
|
Sherwin-Williams Co.
|
|
|
11,792
|
1,798
|
|
|
|
|
|
|
20,199
|
|
Telecommunication Services (0.5%)
|
|
|
|
|
|
*
|
Crown Castle International Corp.
|
|
|
39,906
|
2,694
|
|
*
|
Sprint Nextel Corp.
|
|
|
202,781
|
1,162
|
|
|
|
|
|
|
3,856
|
|
Total Common Stocks (Cost $653,369)
|
|
|
|
780,282
|
|
|
|
Coupon
|
|
|
|
|
Temporary Cash Investments (0.0%)
1
|
|
|
|
|
|
Money Market Fund (0.0%)
|
|
|
|
|
|
2
|
Vanguard Market Liquidity Fund
|
0.167%
|
|
154,738
|
155
|
|
|
|
|
|
|
Maturity
|
|
|
|
|
|
|
Date
|
|
|
|
U.S. Government and Agency Obligations (0.0%)
|
|
|
|
|
|
3,4
Fannie Mae Discount Notes
|
0.135%
|
12/12/12
|
100
|
100
|
|
Total Temporary Cash Investments (Cost $255)
|
|
|
|
255
|
|
Total Investments (100.1%) (Cost $653,624)
|
|
|
|
780,537
|
|
Other Assets and Liabilities-Net (-0.1%)
|
|
|
|
(628)
|
|
Net Assets (100%)
|
|
|
|
779,909
|
* Non-income-producing security.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After
giving effect to futures investments, the fund's effective common stock and temporary cash investment positions
represent 100.1% and 0.0%, respectively, of net assets.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
3 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations
have been managed by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as
needed to maintain a positive net worth, in exchange for senior preferred stock.
4 Securities with a value of $100,000 have been segregated as initial margin for open futures contracts.
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. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
Common Stocks
|
780,282
|
—
|
—
|
|
Temporary Cash Investments
|
155
|
100
|
—
|
|
Total
|
780,437
|
100
|
—
|
C.
Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, enhancing returns, 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 fund may seek to enhance returns by using futures contracts instead of the underlying securities when futures are believed to be priced more attractively than the underlying securities. 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.
Futures contracts are valued at their quoted daily settlement prices. The aggregate principal amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Schedule of Investments as an asset (liability).
Mega Cap 300 Growth Index Fund
At November 30, 2012, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:
|
|
|
|
|
|
|
|
|
|
|
($000)
|
|
|
|
|
Aggregate
|
|
|
|
|
Number of
|
Settlement
|
Unrealized
|
|
|
|
Long (Short)
|
Value
|
Appreciation
|
|
Futures Contracts
|
Expiration
|
Contracts
|
Long (Short)
|
(Depreciation)
|
|
E-mini S&P 500 Index
|
December 2012
|
6
|
424
|
—
|
Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.
D.
At November 30, 2012, the cost of investment securities for tax purposes was $653,624,000. Net unrealized appreciation of investment securities for tax purposes was $126,913,000, consisting of unrealized gains of $136,512,000 on securities that had risen in value since their purchase and $9,599,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Mega Cap 300 Value Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.9%)
1
|
|
|
|
Consumer Discretionary (2.6%)
|
|
|
|
|
Time Warner Inc.
|
90,683
|
4,289
|
|
|
Ford Motor Co.
|
221,869
|
2,540
|
|
*
|
General Motors Co.
|
74,827
|
1,936
|
|
|
Johnson Controls Inc.
|
65,162
|
1,795
|
|
|
Carnival Corp.
|
42,668
|
1,650
|
|
|
Kohl's Corp.
|
21,296
|
951
|
|
|
Staples Inc.
|
65,171
|
762
|
|
*
|
Liberty Media Corp. - Liberty Capital Class A
|
3,463
|
381
|
|
|
|
|
14,304
|
|
Consumer Staples (8.3%)
|
|
|
|
|
Procter & Gamble Co.
|
263,860
|
18,425
|
|
|
PepsiCo Inc.
|
96,893
|
6,803
|
|
|
Mondelez International Inc. Class A
|
161,131
|
4,172
|
|
|
Kimberly-Clark Corp.
|
24,755
|
2,122
|
|
|
Walgreen Co.
|
55,182
|
1,871
|
|
|
HJ Heinz Co.
|
30,576
|
1,787
|
|
|
Sysco Corp.
|
55,995
|
1,772
|
|
|
Archer-Daniels-Midland Co.
|
62,928
|
1,680
|
|
|
Reynolds American Inc.
|
32,381
|
1,416
|
|
|
General Mills Inc.
|
30,908
|
1,267
|
|
|
ConAgra Foods Inc.
|
38,809
|
1,159
|
|
|
Kellogg Co.
|
15,444
|
857
|
|
|
Lorillard Inc.
|
6,288
|
762
|
|
|
Campbell Soup Co.
|
18,066
|
664
|
|
|
Avon Products Inc.
|
41,301
|
576
|
|
|
|
|
45,333
|
|
Energy (17.8%)
|
|
|
|
|
Exxon Mobil Corp.
|
441,711
|
38,932
|
|
|
Chevron Corp.
|
187,755
|
19,844
|
|
|
ConocoPhillips
|
110,361
|
6,284
|
|
|
Occidental Petroleum Corp.
|
77,555
|
5,833
|
|
|
Anadarko Petroleum Corp.
|
47,410
|
3,470
|
|
|
Phillips 66
|
56,893
|
2,980
|
|
|
Apache Corp.
|
37,558
|
2,895
|
|
|
Marathon Oil Corp.
|
67,369
|
2,078
|
|
|
Marathon Petroleum Corp.
|
32,477
|
1,934
|
|
|
Devon Energy Corp.
|
36,698
|
1,896
|
|
|
Baker Hughes Inc.
|
41,940
|
1,810
|
|
|
Spectra Energy Corp.
|
62,424
|
1,745
|
|
|
Valero Energy Corp.
|
52,730
|
1,701
|
|
|
Hess Corp.
|
29,600
|
1,468
|
|
|
Chesapeake Energy Corp.
|
63,582
|
1,083
|
|
|
Murphy Oil Corp.
|
17,588
|
998
|
|
|
Noble Corp.
|
24,072
|
830
|
|
*
|
Weatherford International Ltd.
|
47,089
|
490
|
|
|
Ensco plc Class A
|
7,412
|
432
|
|
|
|
|
96,703
|
|
|
|
|
|
Financials (23.8%)
|
|
|
|
Wells Fargo & Co.
|
480,190
|
15,851
|
|
JPMorgan Chase & Co.
|
363,516
|
14,933
|
|
Bank of America Corp.
|
1,030,457
|
10,160
|
|
Citigroup Inc.
|
280,656
|
9,702
|
|
US Bancorp
|
181,218
|
5,846
|
|
Goldman Sachs Group Inc.
|
43,627
|
5,139
|
|
* Berkshire Hathaway Inc. Class B
|
57,510
|
5,065
|
|
* American International Group Inc.
|
105,587
|
3,498
|
|
Capital One Financial Corp.
|
55,669
|
3,207
|
|
PNC Financial Services Group Inc.
|
50,614
|
2,841
|
|
Bank of New York Mellon Corp.
|
112,953
|
2,704
|
|
MetLife Inc.
|
81,238
|
2,696
|
|
Travelers Cos. Inc.
|
36,978
|
2,619
|
|
ACE Ltd.
|
32,532
|
2,578
|
|
BlackRock Inc.
|
12,785
|
2,519
|
|
Aflac Inc.
|
44,895
|
2,379
|
|
Prudential Financial Inc.
|
44,319
|
2,310
|
|
State Street Corp.
|
45,813
|
2,036
|
|
HCP Inc.
|
43,512
|
1,960
|
|
Chubb Corp.
|
25,400
|
1,956
|
|
BB&T Corp.
|
66,829
|
1,883
|
|
Allstate Corp.
|
46,286
|
1,874
|
|
Ventas Inc.
|
28,346
|
1,804
|
|
CME Group Inc.
|
30,191
|
1,669
|
|
Morgan Stanley
|
92,457
|
1,560
|
|
Simon Property Group Inc.
|
10,073
|
1,532
|
|
Prologis Inc.
|
44,048
|
1,495
|
|
Health Care REIT Inc.
|
24,207
|
1,426
|
|
SunTrust Banks Inc.
|
51,417
|
1,396
|
|
Annaly Capital Management Inc.
|
93,184
|
1,372
|
|
Fifth Third Bancorp
|
87,807
|
1,286
|
|
Loews Corp.
|
30,197
|
1,234
|
|
Ameriprise Financial Inc.
|
20,270
|
1,230
|
|
Progressive Corp.
|
55,319
|
1,176
|
|
Equity Residential
|
20,065
|
1,114
|
|
Invesco Ltd.
|
42,504
|
1,062
|
|
M&T Bank Corp.
|
10,858
|
1,061
|
|
Boston Properties Inc.
|
9,478
|
973
|
|
Charles Schwab Corp.
|
67,289
|
881
|
|
Hartford Financial Services Group Inc.
|
39,586
|
838
|
|
Vornado Realty Trust
|
10,395
|
795
|
|
AvalonBay Communities Inc.
|
5,398
|
711
|
|
Public Storage
|
4,843
|
681
|
|
Weyerhaeuser Co.
|
18,081
|
498
|
|
|
|
129,550
|
|
Health Care (14.6%)
|
|
|
|
Johnson & Johnson
|
263,814
|
18,396
|
|
Pfizer Inc.
|
714,711
|
17,882
|
|
Merck & Co. Inc.
|
291,509
|
12,914
|
|
Abbott Laboratories
|
150,200
|
9,763
|
|
Bristol-Myers Squibb Co.
|
160,862
|
5,249
|
|
Eli Lilly & Co.
|
100,066
|
4,907
|
|
Medtronic Inc.
|
97,963
|
4,125
|
|
WellPoint Inc.
|
31,204
|
1,744
|
|
Aetna Inc.
|
31,884
|
1,377
|
|
Cardinal Health Inc.
|
32,605
|
1,319
|
|
|
|
|
|
Humana Inc.
|
15,440
|
1,010
|
|
* Boston Scientific Corp.
|
135,636
|
752
|
|
|
|
79,438
|
|
Industrials (8.7%)
|
|
|
|
General Electric Co.
|
1,010,150
|
21,344
|
|
Honeywell International Inc.
|
71,014
|
4,355
|
|
Illinois Tool Works Inc.
|
40,034
|
2,465
|
|
General Dynamics Corp.
|
28,636
|
1,904
|
|
Caterpillar Inc.
|
21,694
|
1,849
|
|
Raytheon Co.
|
31,740
|
1,813
|
|
Eaton Corp.
|
30,654
|
1,599
|
|
Northrop Grumman Corp.
|
22,398
|
1,494
|
|
Waste Management Inc.
|
42,106
|
1,371
|
|
Cooper Industries plc
|
17,553
|
1,308
|
|
Lockheed Martin Corp.
|
13,286
|
1,240
|
|
Norfolk Southern Corp.
|
19,706
|
1,190
|
|
Parker Hannifin Corp.
|
14,278
|
1,173
|
|
Dover Corp.
|
17,345
|
1,103
|
|
Stanley Black & Decker Inc.
|
15,256
|
1,097
|
|
Republic Services Inc. Class A
|
29,592
|
843
|
|
CSX Corp.
|
34,536
|
682
|
|
Cummins Inc.
|
6,007
|
590
|
|
|
|
47,420
|
|
Information Technology (8.2%)
|
|
|
|
Microsoft Corp.
|
467,688
|
12,450
|
|
Cisco Systems Inc.
|
508,258
|
9,611
|
|
Intel Corp.
|
478,391
|
9,362
|
|
Hewlett-Packard Co.
|
188,553
|
2,449
|
|
Corning Inc.
|
142,387
|
1,741
|
|
Texas Instruments Inc.
|
54,336
|
1,601
|
|
TE Connectivity Ltd.
|
40,869
|
1,438
|
|
Dell Inc.
|
140,521
|
1,355
|
|
Applied Materials Inc.
|
118,323
|
1,270
|
|
Automatic Data Processing Inc.
|
16,090
|
913
|
|
Xerox Corp.
|
124,954
|
851
|
|
CA Inc.
|
31,331
|
694
|
|
Paychex Inc.
|
20,348
|
662
|
|
Activision Blizzard Inc.
|
42,168
|
483
|
|
|
|
44,880
|
|
Materials (3.7%)
|
|
|
|
EI du Pont de Nemours & Co.
|
88,274
|
3,808
|
|
Freeport-McMoRan Copper & Gold Inc.
|
90,679
|
3,537
|
|
Dow Chemical Co.
|
114,486
|
3,456
|
|
Air Products & Chemicals Inc.
|
20,182
|
1,674
|
|
Mosaic Co.
|
29,309
|
1,584
|
|
LyondellBasell Industries NV Class A
|
30,156
|
1,500
|
|
International Paper Co.
|
39,688
|
1,474
|
|
Nucor Corp.
|
30,298
|
1,248
|
|
Alcoa Inc.
|
101,977
|
858
|
|
Newmont Mining Corp.
|
16,580
|
781
|
|
|
|
19,920
|
|
Telecommunication Services (6.3%)
|
|
|
|
AT&T Inc.
|
552,046
|
18,841
|
|
Verizon Communications Inc.
|
272,678
|
12,031
|
|
CenturyLink Inc.
|
59,520
|
2,312
|
|
|
|
|
|
|
|
* Sprint Nextel Corp.
|
|
|
144,544
|
828
|
|
|
|
|
|
34,012
|
|
Utilities (5.9%)
|
|
|
|
|
|
Duke Energy Corp.
|
|
|
67,280
|
4,294
|
|
Southern Co.
|
|
|
83,614
|
3,641
|
|
Dominion Resources Inc.
|
|
|
54,771
|
2,799
|
|
NextEra Energy Inc.
|
|
|
38,388
|
2,638
|
|
Exelon Corp.
|
|
|
81,609
|
2,466
|
|
American Electric Power Co. Inc.
|
|
|
46,281
|
1,974
|
|
FirstEnergy Corp.
|
|
|
39,920
|
1,695
|
|
PG&E Corp.
|
|
|
40,757
|
1,669
|
|
PPL Corp.
|
|
|
55,480
|
1,628
|
|
Consolidated Edison Inc.
|
|
|
27,959
|
1,560
|
|
Sempra Energy
|
|
|
22,065
|
1,510
|
|
Public Service Enterprise Group Inc.
|
|
|
48,341
|
1,455
|
|
Edison International
|
|
|
29,592
|
1,346
|
|
Xcel Energy Inc.
|
|
|
46,564
|
1,260
|
|
Northeast Utilities
|
|
|
29,957
|
1,160
|
|
Entergy Corp.
|
|
|
16,905
|
1,074
|
|
|
|
|
|
32,169
|
|
Total Common Stocks (Cost $524,102)
|
|
|
|
543,729
|
|
Temporary Cash Investment (0.0%)
1
|
|
|
|
|
|
|
|
|
Face
|
|
|
|
|
Maturity
|
Amount
|
|
|
|
Coupon
|
Date
|
($000)
|
|
|
U.S. Government and Agency Obligations (0.0%)
|
|
|
|
|
|
2,3
Federal Home Loan Bank Discount
|
|
|
|
|
|
Notes(Cost $100)
|
0.130%
|
12/26/12
|
100
|
100
|
|
Total Investments (99.9%) (Cost $524,202)
|
|
|
|
543,829
|
|
Other Assets and Liabilities-Net (0.1%)
|
|
|
|
676
|
|
Net Assets (100%)
|
|
|
|
544,505
|
* Non-income-producing security.
1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After
giving effect to futures investments, the fund's effective common stock and temporary cash investment positions
represent 100.0% and -0.1%, respectively, of net assets.
2 Securities with a value of $100,000 have been segregated as initial margin for open futures contracts.
3 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S.
Treasury nor backed by the full faith and credit of the U.S. government.
REIT—Real Estate Investment Trust.
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. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.
B.
Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used
Mega Cap 300 Value Index Fund
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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
Common Stocks
|
543,729
|
—
|
—
|
|
Temporary Cash Investments
|
—
|
100
|
—
|
|
Futures Contracts—Liabilities
1
|
—
|
(1)
|
—
|
|
Total
|
543,729
|
99
|
—
|
|
1 Represents variation margin on the last day of the reporting period.
|
C.
Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, enhancing returns, 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 fund may seek to enhance returns by using futures contracts instead of the underlying securities when futures are believed to be priced more attractively than the underlying securities. 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.
Futures contracts are valued at their quoted daily settlement prices. The aggregate principal amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Schedule of Investments as an asset (liability).
At November 30, 2012, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:
|
|
|
|
|
|
|
|
|
|
|
($000)
|
|
|
|
|
Aggregate
|
|
|
|
|
Number of
|
Settlement
|
Unrealized
|
|
|
|
Long (Short)
|
Value
|
Appreciation
|
|
Futures Contracts
|
Expiration
|
Contracts
|
Long (Short)
|
(Depreciation)
|
|
E-mini S&P 500 Index
|
December 2012
|
11
|
778
|
8
|
Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.
D.
At November 30, 2012, the cost of investment securities for tax purposes was $524,202,000. Net unrealized appreciation of investment securities for tax purposes was $19,627,000, consisting of unrealized gains of $49,067,000 on securities that had risen in value since their purchase and $29,440,000 in unrealized losses on securities that had fallen in value since their purchase.
Mega Cap 300 Value Index Fund
|
|
|
|
|
|
|
Vanguard Extended Duration Treasury Index Fund
|
|
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
|
|
Face
|
Market
|
|
|
|
Maturity
|
Amount
|
Value
|
|
|
Coupon
|
Date
|
($000)
|
($000)
|
|
U.S. Government and Agency Obligations (100.1%)
|
|
|
|
|
|
U.S. Government Securities (100.1%)
|
|
|
|
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/33
|
26,850
|
15,411
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/33
|
22,910
|
13,028
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/33
|
25,595
|
14,423
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/33
|
25,010
|
13,957
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/34
|
26,935
|
14,903
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/34
|
25,080
|
13,743
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/34
|
23,810
|
12,924
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/34
|
25,300
|
13,597
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/35
|
22,995
|
12,249
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/35
|
24,820
|
13,095
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/35
|
24,120
|
12,616
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/35
|
24,205
|
12,545
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/36
|
21,725
|
11,175
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/36
|
23,075
|
11,756
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/36
|
24,700
|
12,459
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/36
|
19,275
|
9,643
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/37
|
26,240
|
13,003
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/37
|
25,750
|
12,632
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/37
|
23,040
|
11,203
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/37
|
20,685
|
9,969
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/38
|
23,670
|
11,314
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/38
|
22,200
|
10,507
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/38
|
24,090
|
11,303
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/38
|
24,950
|
11,606
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/39
|
21,500
|
9,887
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/39
|
27,200
|
12,412
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/39
|
25,825
|
11,672
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/39
|
27,450
|
12,301
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/40
|
27,550
|
12,225
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/40
|
29,145
|
12,828
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/40
|
30,150
|
13,179
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/40
|
25,395
|
10,983
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/41
|
25,850
|
11,096
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/41
|
23,500
|
9,993
|
|
United States Treasury Strip Coupon
|
0.000%
|
8/15/41
|
29,500
|
12,434
|
|
United States Treasury Strip Coupon
|
0.000%
|
11/15/41
|
24,200
|
10,109
|
|
United States Treasury Strip Coupon
|
0.000%
|
2/15/42
|
12,830
|
5,305
|
|
United States Treasury Strip Coupon
|
0.000%
|
5/15/42
|
8,415
|
3,450
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/36
|
25,275
|
13,228
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/37
|
23,850
|
12,022
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/37
|
17,835
|
8,906
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/38
|
19,600
|
9,509
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/38
|
22,995
|
11,059
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/39
|
20,705
|
9,684
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/39
|
25,235
|
11,707
|
|
United States Treasury Strip Principal
|
0.000%
|
8/15/39
|
25,475
|
11,693
|
|
United States Treasury Strip Principal
|
0.000%
|
11/15/39
|
24,850
|
11,309
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/40
|
27,375
|
12,351
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/40
|
18,800
|
8,391
|
|
|
|
|
|
|
|
United States Treasury Strip Principal
|
0.000%
|
8/15/40
|
22,630
|
9,978
|
|
United States Treasury Strip Principal
|
0.000%
|
11/15/40
|
23,705
|
10,343
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/41
|
34,785
|
15,064
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/41
|
39,475
|
16,932
|
|
United States Treasury Strip Principal
|
0.000%
|
8/15/41
|
52,260
|
22,154
|
|
United States Treasury Strip Principal
|
0.000%
|
11/15/41
|
50,585
|
21,198
|
|
United States Treasury Strip Principal
|
0.000%
|
2/15/42
|
46,175
|
19,146
|
|
United States Treasury Strip Principal
|
0.000%
|
5/15/42
|
36,785
|
15,115
|
|
United States Treasury Strip Principal
|
0.000%
|
8/15/42
|
25,400
|
10,329
|
|
Total U.S. Government and Agency Obligations (Cost $552,605)
|
|
|
707,053
|
|
|
|
|
|
Market
|
|
|
|
|
|
Value
|
|
|
Coupon
|
|
Shares
|
($000)
|
|
Temporary Cash Investment (0.0%)
|
|
|
|
|
|
Money Market Fund (0.0%)
|
|
|
|
|
|
1 Vanguard Market Liquidity Fund
(Cost $237)
|
0.167%
|
|
237,220
|
237
|
|
Total Investments (100.1%) (Cost $552,842)
|
|
|
|
707,290
|
|
Other Assets and Liabilities-Net (-0.1%)
|
|
|
|
(601)
|
|
Net Assets (100%)
|
|
|
|
706,689
|
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
A.
Security Valuation: Bonds, and temporary cash investments acquired over 60 days to maturity, are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value. Other temporary cash investments are valued at amortized cost, which approximates market value. 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 board of trustees to represent fair value.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
U.S. Government and Agency Obligations
|
—
|
707,053
|
—
|
|
Temporary Cash Investments
|
237
|
—
|
—
|
|
Total
|
237
|
707,053
|
—
|
C.
At November 30, 2012, the cost of investment securities for tax purposes was $552,842,000. Net unrealized appreciation of investment securities for tax purposes was $154,448,000, consisting of unrealized gains of $155,966,000 on securities that had risen in value since their purchase and $1,518,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Consumer Discretionary Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.9%)
|
|
|
|
Auto Components (3.7%)
|
|
|
|
|
Johnson Controls Inc.
|
209,968
|
5,782
|
|
*
|
Delphi Automotive plc
|
94,164
|
3,201
|
|
*
|
BorgWarner Inc.
|
35,103
|
2,327
|
|
|
Autoliv Inc.
|
29,328
|
1,770
|
|
*
|
TRW Automotive Holdings Corp.
|
31,864
|
1,614
|
|
|
Lear Corp.
|
30,031
|
1,311
|
|
*
|
Goodyear Tire & Rubber Co.
|
75,530
|
952
|
|
|
Gentex Corp.
|
44,311
|
787
|
|
*
|
Visteon Corp.
|
14,695
|
736
|
|
|
Dana Holding Corp.
|
45,352
|
643
|
|
*
|
Tenneco Inc.
|
18,684
|
599
|
|
|
Cooper Tire & Rubber Co.
|
18,413
|
460
|
|
*
|
Dorman Products Inc.
|
8,837
|
302
|
|
|
Allison Transmission Holdings Inc.
|
11,058
|
230
|
|
*
|
American Axle & Manufacturing Holdings Inc.
|
21,325
|
223
|
|
*
|
Drew Industries Inc.
|
6,070
|
197
|
|
|
Superior Industries International Inc.
|
7,317
|
139
|
|
*
|
Gentherm Inc.
|
9,491
|
115
|
|
|
Standard Motor Products Inc.
|
5,617
|
110
|
|
*
|
Modine Manufacturing Co.
|
12,588
|
93
|
|
*
|
Fuel Systems Solutions Inc.
|
4,504
|
68
|
|
*
|
Exide Technologies
|
21,498
|
62
|
|
*
|
Federal-Mogul Corp.
|
7,524
|
59
|
|
*
|
Stoneridge Inc.
|
8,539
|
42
|
|
*
|
Tower International Inc.
|
1,977
|
16
|
|
|
|
|
21,838
|
|
Automobiles (3.9%)
|
|
|
|
|
Ford Motor Co.
|
1,092,656
|
12,511
|
|
*
|
General Motors Co.
|
240,380
|
6,221
|
|
|
Harley-Davidson Inc.
|
69,932
|
3,284
|
|
*
|
Tesla Motors Inc.
|
18,896
|
639
|
|
|
Thor Industries Inc.
|
13,803
|
521
|
|
*
|
Winnebago Industries Inc.
|
9,015
|
128
|
|
|
|
|
23,304
|
|
Distributors (1.0%)
|
|
|
|
|
Genuine Parts Co.
|
47,728
|
3,107
|
|
*
|
LKQ Corp.
|
90,658
|
1,987
|
|
|
Pool Corp.
|
14,260
|
597
|
|
|
Core-Mark Holding Co. Inc.
|
3,347
|
153
|
|
|
Weyco Group Inc.
|
2,102
|
50
|
|
|
|
|
5,894
|
|
Diversified Consumer Services (1.3%)
|
|
|
|
|
H&R Block Inc.
|
83,211
|
1,500
|
|
|
Service Corp. International
|
66,325
|
924
|
|
|
Sotheby's
|
20,817
|
601
|
|
*
|
Apollo Group Inc. Class A
|
31,179
|
598
|
|
|
DeVry Inc.
|
18,080
|
471
|
|
*
|
Coinstar Inc.
|
9,634
|
453
|
|
|
|
|
|
Weight Watchers International Inc.
|
8,574
|
446
|
|
Hillenbrand Inc.
|
19,064
|
404
|
|
Regis Corp.
|
17,482
|
288
|
|
* Grand Canyon Education Inc.
|
12,000
|
284
|
|
Matthews International Corp. Class A
|
8,519
|
258
|
|
* Ascent Capital Group Inc. Class A
|
3,678
|
225
|
|
* Steiner Leisure Ltd.
|
4,247
|
195
|
|
Strayer Education Inc.
|
3,579
|
187
|
|
* American Public Education Inc.
|
5,403
|
186
|
|
Stewart Enterprises Inc. Class A
|
23,696
|
181
|
|
* K12 Inc.
|
8,161
|
142
|
|
* Capella Education Co.
|
3,899
|
108
|
|
* ITT Educational Services Inc.
|
5,632
|
102
|
|
Universal Technical Institute Inc.
|
6,825
|
65
|
|
* Corinthian Colleges Inc.
|
24,182
|
54
|
|
* Bridgepoint Education Inc.
|
5,368
|
52
|
|
* Career Education Corp.
|
16,146
|
48
|
|
Lincoln Educational Services Corp.
|
85
|
—
|
|
|
|
7,772
|
|
Hotels, Restaurants & Leisure (16.1%)
|
|
|
|
McDonald's Corp.
|
309,909
|
26,974
|
|
Starbucks Corp.
|
233,608
|
12,117
|
|
Yum! Brands Inc.
|
140,105
|
9,398
|
|
Las Vegas Sands Corp.
|
126,400
|
5,897
|
|
Carnival Corp.
|
137,333
|
5,309
|
|
Starwood Hotels & Resorts Worldwide Inc.
|
60,340
|
3,256
|
|
Marriott International Inc. Class A
|
79,276
|
2,877
|
|
Wynn Resorts Ltd.
|
24,738
|
2,781
|
|
* Chipotle Mexican Grill Inc. Class A
|
9,737
|
2,568
|
|
Wyndham Worldwide Corp.
|
43,598
|
2,140
|
|
Darden Restaurants Inc.
|
39,490
|
2,088
|
|
Royal Caribbean Cruises Ltd.
|
43,596
|
1,537
|
|
* Panera Bread Co. Class A
|
8,764
|
1,407
|
|
* MGM Resorts International
|
113,182
|
1,149
|
|
International Game Technology
|
82,051
|
1,138
|
|
Dunkin' Brands Group Inc.
|
32,303
|
1,028
|
|
* Penn National Gaming Inc.
|
19,908
|
1,012
|
|
Six Flags Entertainment Corp.
|
12,178
|
749
|
|
Domino's Pizza Inc.
|
16,472
|
685
|
|
Brinker International Inc.
|
22,667
|
679
|
|
Vail Resorts Inc.
|
10,997
|
619
|
|
* Life Time Fitness Inc.
|
12,795
|
602
|
|
* Bally Technologies Inc.
|
12,675
|
572
|
|
Cheesecake Factory Inc.
|
15,729
|
538
|
|
* Hyatt Hotels Corp. Class A
|
14,303
|
522
|
|
Wendy's Co.
|
89,628
|
418
|
|
* Buffalo Wild Wings Inc.
|
5,752
|
417
|
|
Cracker Barrel Old Country Store Inc.
|
6,469
|
397
|
|
Ryman Hospitality Properties
|
11,577
|
385
|
|
* Orient-Express Hotels Ltd. Class A
|
29,742
|
367
|
|
* Jack in the Box Inc.
|
13,112
|
361
|
|
Burger King Worldwide Inc.
|
20,156
|
345
|
|
Bob Evans Farms Inc.
|
8,780
|
331
|
|
Texas Roadhouse Inc. Class A
|
19,172
|
318
|
|
* Papa John's International Inc.
|
5,886
|
312
|
|
* DineEquity Inc.
|
4,828
|
304
|
|
Choice Hotels International Inc.
|
8,824
|
287
|
|
|
|
|
|
* WMS Industries Inc.
|
16,704
|
282
|
|
* BJ's Restaurants Inc.
|
7,744
|
266
|
|
Churchill Downs Inc.
|
3,939
|
249
|
|
* Pinnacle Entertainment Inc.
|
19,020
|
246
|
|
* SHFL Entertainment Inc.
|
17,052
|
235
|
|
* Marriott Vacations Worldwide Corp.
|
5,740
|
228
|
|
Interval Leisure Group Inc.
|
12,032
|
227
|
|
International Speedway Corp. Class A
|
8,075
|
217
|
|
Ameristar Casinos Inc.
|
10,420
|
207
|
|
* AFC Enterprises Inc.
|
7,374
|
195
|
|
CEC Entertainment Inc.
|
5,443
|
170
|
|
* Sonic Corp.
|
16,285
|
165
|
|
* Krispy Kreme Doughnuts Inc.
|
16,268
|
148
|
|
* Biglari Holdings Inc.
|
407
|
148
|
|
* Scientific Games Corp. Class A
|
16,524
|
138
|
|
* Denny's Corp.
|
28,846
|
137
|
|
* Red Robin Gourmet Burgers Inc.
|
4,134
|
135
|
|
* Ruby Tuesday Inc.
|
15,244
|
119
|
|
* Boyd Gaming Corp.
|
16,972
|
93
|
|
* Bravo Brio Restaurant Group Inc.
|
5,698
|
78
|
|
Marcus Corp.
|
6,344
|
75
|
|
* Caesars Entertainment Corp.
|
11,393
|
69
|
|
Speedway Motorsports Inc.
|
4,261
|
69
|
|
* Isle of Capri Casinos Inc.
|
6,948
|
34
|
|
Einstein Noah Restaurant Group Inc.
|
2,056
|
33
|
|
* Ignite Restaurant Group Inc.
|
1,790
|
23
|
|
|
|
95,870
|
|
Household Durables (4.1%)
|
|
|
|
Whirlpool Corp.
|
23,842
|
2,428
|
|
Newell Rubbermaid Inc.
|
88,506
|
1,930
|
|
Lennar Corp. Class A
|
49,047
|
1,866
|
|
* PulteGroup Inc.
|
106,180
|
1,785
|
|
DR Horton Inc.
|
88,232
|
1,717
|
|
* Mohawk Industries Inc.
|
17,962
|
1,545
|
|
* Toll Brothers Inc.
|
46,486
|
1,480
|
|
Garmin Ltd.
|
36,067
|
1,403
|
|
* NVR Inc.
|
1,502
|
1,352
|
|
Jarden Corp.
|
23,213
|
1,228
|
|
Leggett & Platt Inc.
|
43,290
|
1,206
|
|
Tupperware Brands Corp.
|
17,161
|
1,113
|
|
Harman International Industries Inc.
|
20,559
|
813
|
|
* Tempur-Pedic International Inc.
|
18,282
|
487
|
|
Ryland Group Inc.
|
13,764
|
460
|
|
MDC Holdings Inc.
|
12,648
|
446
|
|
* Meritage Homes Corp.
|
10,462
|
366
|
|
KB Home
|
21,267
|
305
|
|
* Helen of Troy Ltd.
|
9,098
|
281
|
|
* Standard Pacific Corp.
|
38,729
|
260
|
|
* La-Z-Boy Inc.
|
16,244
|
242
|
|
Ethan Allen Interiors Inc.
|
7,933
|
230
|
|
American Greetings Corp. Class A
|
9,731
|
168
|
|
* Hovnanian Enterprises Inc. Class A
|
29,979
|
157
|
|
* iRobot Corp.
|
7,972
|
150
|
|
* M/I Homes Inc.
|
6,482
|
143
|
|
* Libbey Inc.
|
6,064
|
118
|
|
* Beazer Homes USA Inc.
|
7,447
|
111
|
|
* Cavco Industries Inc.
|
1,930
|
99
|
|
|
|
|
|
NACCO Industries Inc. Class A
|
1,520
|
81
|
|
* Universal Electronics Inc.
|
3,983
|
70
|
|
CSS Industries Inc.
|
2,603
|
53
|
|
Blyth Inc.
|
3,163
|
51
|
|
* Zagg Inc.
|
6,102
|
44
|
|
* Skullcandy Inc.
|
4,493
|
39
|
|
* Sealy Corp.
|
13,883
|
30
|
|
* Furniture Brands International Inc.
|
3,264
|
3
|
|
|
|
24,260
|
|
Internet & Catalog Retail (8.1%)
|
|
|
|
* Amazon.com Inc.
|
111,122
|
28,008
|
|
* priceline.com Inc.
|
15,303
|
10,148
|
|
* Liberty Interactive Corp. Class A
|
158,120
|
3,052
|
|
Expedia Inc.
|
30,255
|
1,872
|
|
* Netflix Inc.
|
16,323
|
1,334
|
|
* TripAdvisor Inc.
|
33,674
|
1,286
|
|
HSN Inc.
|
11,932
|
631
|
|
* Liberty Ventures Class A
|
10,654
|
624
|
|
* Groupon Inc.
|
88,812
|
372
|
|
* Shutterfly Inc.
|
10,370
|
279
|
|
* HomeAway Inc.
|
10,029
|
205
|
|
* Blue Nile Inc.
|
3,808
|
150
|
|
PetMed Express Inc.
|
6,342
|
73
|
|
* Overstock.com Inc.
|
4,736
|
72
|
|
Nutrisystem Inc.
|
7,976
|
64
|
|
* Vitacost.com Inc.
|
7,128
|
52
|
|
* Orbitz Worldwide Inc.
|
5,783
|
13
|
|
|
|
48,235
|
|
Leisure Equipment & Products (1.5%)
|
|
|
|
Mattel Inc.
|
104,742
|
3,929
|
|
Polaris Industries Inc.
|
19,953
|
1,692
|
|
Hasbro Inc.
|
36,009
|
1,385
|
|
Brunswick Corp.
|
27,501
|
709
|
|
Sturm Ruger & Co. Inc.
|
5,853
|
343
|
|
* Smith & Wesson Holding Corp.
|
20,454
|
217
|
|
* Arctic Cat Inc.
|
4,136
|
156
|
|
* LeapFrog Enterprises Inc.
|
17,015
|
155
|
|
Callaway Golf Co.
|
19,636
|
132
|
|
JAKKS Pacific Inc.
|
6,503
|
81
|
|
* Steinway Musical Instruments Inc.
|
2,426
|
55
|
|
|
|
8,854
|
|
Media (27.3%)
|
|
|
|
Walt Disney Co.
|
523,736
|
26,009
|
|
Comcast Corp. Class A
|
626,512
|
23,294
|
|
Time Warner Inc.
|
291,664
|
13,796
|
|
News Corp. Class A
|
518,109
|
12,766
|
|
* DIRECTV
|
193,091
|
9,597
|
|
Time Warner Cable Inc.
|
94,265
|
8,945
|
|
Viacom Inc. Class B
|
142,457
|
7,352
|
|
Comcast Corp.
|
200,612
|
7,230
|
|
CBS Corp. Class B
|
183,451
|
6,601
|
|
McGraw-Hill Cos. Inc.
|
77,487
|
4,115
|
|
Omnicom Group Inc.
|
81,792
|
4,068
|
|
* Liberty Media Corp. - Liberty Capital Class A
|
32,118
|
3,533
|
|
* Sirius XM Radio Inc.
|
1,176,621
|
3,271
|
|
Virgin Media Inc.
|
78,375
|
2,756
|
|
|
|
|
|
* Discovery Communications Inc. Class A
|
44,858
|
2,710
|
|
News Corp. Class B
|
98,200
|
2,477
|
|
* DISH Network Corp. Class A
|
65,141
|
2,413
|
|
* Liberty Global Inc. Class A
|
42,262
|
2,368
|
|
* Liberty Global Inc.
|
34,310
|
1,809
|
|
* Discovery Communications Inc.
|
29,092
|
1,637
|
|
Scripps Networks Interactive Inc. Class A
|
26,401
|
1,559
|
|
Interpublic Group of Cos. Inc.
|
134,154
|
1,451
|
|
Gannett Co. Inc.
|
70,977
|
1,270
|
|
* Charter Communications Inc. Class A
|
12,465
|
883
|
|
Cinemark Holdings Inc.
|
31,764
|
864
|
|
* AMC Networks Inc. Class A
|
16,087
|
849
|
|
Cablevision Systems Corp. Class A
|
58,617
|
811
|
|
* Madison Square Garden Co. Class A
|
18,238
|
799
|
|
* Lamar Advertising Co. Class A
|
19,291
|
758
|
|
John Wiley & Sons Inc. Class A
|
14,639
|
625
|
|
Washington Post Co. Class B
|
1,455
|
534
|
|
Morningstar Inc.
|
7,386
|
471
|
|
Regal Entertainment Group Class A
|
26,628
|
415
|
|
* Live Nation Entertainment Inc.
|
43,622
|
383
|
|
* Lions Gate Entertainment Corp.
|
22,508
|
369
|
|
* DreamWorks Animation SKG Inc. Class A
|
21,337
|
365
|
|
Meredith Corp.
|
10,946
|
341
|
|
* New York Times Co. Class A
|
40,278
|
327
|
|
* Valassis Communications Inc.
|
12,209
|
317
|
|
Arbitron Inc.
|
7,997
|
291
|
|
National CineMedia Inc.
|
16,820
|
240
|
|
Scholastic Corp.
|
8,084
|
227
|
|
Belo Corp. Class A
|
28,593
|
206
|
|
Sinclair Broadcast Group Inc. Class A
|
16,007
|
177
|
|
* Pandora Media Inc.
|
17,754
|
155
|
|
* EW Scripps Co. Class A
|
9,215
|
94
|
|
* Digital Generation Inc.
|
7,329
|
78
|
|
Clear Channel Outdoor Holdings Inc. Class A
|
11,612
|
75
|
|
World Wrestling Entertainment Inc. Class A
|
8,639
|
70
|
|
Harte-Hanks Inc.
|
13,167
|
70
|
|
* LIN TV Corp. Class A
|
9,988
|
65
|
|
* Journal Communications Inc. Class A
|
10,785
|
60
|
|
* McClatchy Co. Class A
|
17,649
|
59
|
|
* Cumulus Media Inc. Class A
|
20,344
|
47
|
|
Fisher Communications Inc.
|
1,749
|
44
|
|
* Entercom Communications Corp. Class A
|
6,287
|
40
|
|
* ReachLocal Inc.
|
2,481
|
27
|
|
Martha Stewart Living Omnimedia Class A
|
9,274
|
24
|
|
|
|
162,187
|
|
Multiline Retail (5.9%)
|
|
|
|
Target Corp.
|
191,266
|
12,075
|
|
Macy's Inc.
|
123,828
|
4,792
|
|
* Dollar General Corp.
|
80,730
|
4,036
|
|
Kohl's Corp.
|
68,519
|
3,059
|
|
* Dollar Tree Inc.
|
70,934
|
2,961
|
|
Nordstrom Inc.
|
49,363
|
2,670
|
|
Family Dollar Stores Inc.
|
30,522
|
2,173
|
|
JC Penney Co. Inc.
|
50,643
|
909
|
|
Dillard's Inc. Class A
|
8,743
|
777
|
|
* Big Lots Inc.
|
19,504
|
549
|
|
* Sears Holdings Corp.
|
11,416
|
480
|
|
|
|
|
|
* Saks Inc.
|
32,790
|
344
|
|
Fred's Inc. Class A
|
10,808
|
144
|
|
* Gordmans Stores Inc.
|
2,611
|
38
|
|
* Sears Canada Inc.
|
200
|
2
|
|
|
|
35,009
|
|
Specialty Retail (20.5%)
|
|
|
|
Home Depot Inc.
|
463,360
|
30,151
|
|
Lowe's Cos. Inc.
|
361,581
|
13,049
|
|
TJX Cos. Inc.
|
226,246
|
10,032
|
|
* Bed Bath & Beyond Inc.
|
71,369
|
4,191
|
|
* AutoZone Inc.
|
10,367
|
3,979
|
|
Ross Stores Inc.
|
69,311
|
3,945
|
|
Limited Brands Inc.
|
75,170
|
3,920
|
|
* O'Reilly Automotive Inc.
|
36,499
|
3,434
|
|
Gap Inc.
|
95,957
|
3,307
|
|
* CarMax Inc.
|
70,243
|
2,547
|
|
Staples Inc.
|
209,476
|
2,451
|
|
PetSmart Inc.
|
33,162
|
2,343
|
|
Tiffany & Co.
|
38,841
|
2,291
|
|
Tractor Supply Co.
|
21,744
|
1,949
|
|
Ulta Salon Cosmetics & Fragrance Inc.
|
18,437
|
1,849
|
|
Foot Locker Inc.
|
46,701
|
1,674
|
|
Advance Auto Parts Inc.
|
22,629
|
1,655
|
|
Dick's Sporting Goods Inc.
|
29,647
|
1,557
|
|
* Sally Beauty Holdings Inc.
|
55,424
|
1,405
|
|
* Urban Outfitters Inc.
|
35,740
|
1,347
|
|
Signet Jewelers Ltd.
|
24,833
|
1,335
|
|
Williams-Sonoma Inc.
|
27,429
|
1,241
|
|
Best Buy Co. Inc.
|
88,768
|
1,164
|
|
Abercrombie & Fitch Co.
|
25,303
|
1,161
|
|
American Eagle Outfitters Inc.
|
54,402
|
1,153
|
|
GNC Holdings Inc. Class A
|
30,374
|
1,067
|
|
GameStop Corp. Class A
|
38,197
|
1,003
|
|
Chico's FAS Inc.
|
51,441
|
959
|
|
* Ascena Retail Group Inc.
|
40,398
|
812
|
|
DSW Inc. Class A
|
10,285
|
700
|
|
* Cabela's Inc.
|
14,066
|
672
|
|
Aaron's Inc.
|
21,965
|
630
|
|
Rent-A-Center Inc.
|
18,047
|
627
|
|
Pier 1 Imports Inc.
|
29,984
|
575
|
|
Guess? Inc.
|
20,868
|
540
|
|
* ANN Inc.
|
14,459
|
485
|
|
* Vitamin Shoppe Inc.
|
8,132
|
482
|
|
Men's Wearhouse Inc.
|
14,700
|
477
|
|
Buckle Inc.
|
8,812
|
451
|
|
* Select Comfort Corp.
|
16,577
|
444
|
|
* AutoNation Inc.
|
11,160
|
435
|
|
* Hibbett Sports Inc.
|
8,017
|
431
|
|
* Genesco Inc.
|
7,460
|
413
|
|
Group 1 Automotive Inc.
|
6,655
|
404
|
|
Penske Automotive Group Inc.
|
13,790
|
402
|
|
* Lumber Liquidators Holdings Inc.
|
6,964
|
374
|
|
* Jos A Bank Clothiers Inc.
|
8,599
|
371
|
|
* Children's Place Retail Stores Inc.
|
7,353
|
357
|
|
* Aeropostale Inc.
|
25,131
|
347
|
|
* Express Inc.
|
22,626
|
338
|
|
Finish Line Inc. Class A
|
15,428
|
318
|
|
|
|
|
|
|
*
|
Office Depot Inc.
|
88,896
|
299
|
|
|
Monro Muffler Brake Inc.
|
9,270
|
297
|
|
*
|
Francesca's Holdings Corp.
|
10,613
|
276
|
|
|
OfficeMax Inc.
|
26,433
|
264
|
|
*
|
Asbury Automotive Group Inc.
|
8,513
|
257
|
|
|
Cato Corp. Class A
|
8,654
|
252
|
|
|
Stage Stores Inc.
|
9,665
|
250
|
|
|
Brown Shoe Co. Inc.
|
13,070
|
249
|
|
|
Lithia Motors Inc. Class A
|
6,907
|
247
|
|
|
Sonic Automotive Inc. Class A
|
11,288
|
223
|
|
*
|
Conn's Inc.
|
6,989
|
198
|
|
|
Pep Boys-Manny Moe & Jack
|
16,188
|
171
|
|
*
|
Zumiez Inc.
|
7,103
|
147
|
|
*
|
rue21 inc
|
4,827
|
139
|
|
*
|
Barnes & Noble Inc.
|
8,989
|
129
|
|
|
Hot Topic Inc.
|
12,014
|
120
|
|
*
|
Mattress Firm Holding Corp.
|
4,171
|
119
|
|
*
|
America's Car-Mart Inc.
|
2,604
|
96
|
|
|
Haverty Furniture Cos. Inc.
|
5,665
|
95
|
|
|
Shoe Carnival Inc.
|
4,289
|
95
|
|
*
|
Wet Seal Inc. Class A
|
26,786
|
79
|
|
|
Destination Maternity Corp.
|
3,379
|
75
|
|
*
|
Stein Mart Inc.
|
8,311
|
71
|
|
*
|
Citi Trends Inc.
|
4,667
|
65
|
|
|
Big 5 Sporting Goods Corp.
|
4,558
|
64
|
|
|
RadioShack Corp.
|
29,541
|
60
|
|
*
|
Body Central Corp.
|
4,543
|
46
|
|
*
|
Kirkland's Inc.
|
5,046
|
46
|
|
*
|
hhgregg Inc.
|
5,819
|
43
|
|
*,^
Teavana Holdings Inc.
|
2,862
|
42
|
|
|
bebe stores inc
|
11,078
|
42
|
|
*
|
Systemax Inc.
|
3,818
|
39
|
|
*
|
Coldwater Creek Inc.
|
6,523
|
37
|
|
*
|
New York & Co. Inc.
|
7,882
|
29
|
|
*
|
Pacific Sunwear of California Inc.
|
192
|
—
|
|
*
|
Orchard Supply Hardware Stores Corp. Class A
|
7
|
—
|
|
|
|
|
121,905
|
|
Textiles, Apparel & Luxury Goods (6.5%)
|
|
|
|
|
NIKE Inc. Class B
|
111,934
|
10,911
|
|
|
Coach Inc.
|
87,688
|
5,072
|
|
|
VF Corp.
|
27,053
|
4,342
|
|
|
Ralph Lauren Corp. Class A
|
18,518
|
2,909
|
|
|
PVH Corp.
|
21,683
|
2,485
|
|
*
|
Lululemon Athletica Inc.
|
31,033
|
2,228
|
|
*
|
Fossil Inc.
|
15,864
|
1,371
|
|
*
|
Under Armour Inc. Class A
|
24,157
|
1,252
|
|
*
|
Hanesbrands Inc.
|
29,888
|
1,079
|
|
*
|
Warnaco Group Inc.
|
12,566
|
903
|
|
*
|
Carter's Inc.
|
15,346
|
814
|
|
|
Wolverine World Wide Inc.
|
15,068
|
652
|
|
*
|
Steven Madden Ltd.
|
12,701
|
565
|
|
*
|
Deckers Outdoor Corp.
|
11,674
|
447
|
|
*
|
Iconix Brand Group Inc.
|
20,933
|
422
|
|
*
|
Fifth & Pacific Cos. Inc.
|
34,699
|
418
|
|
*
|
Crocs Inc.
|
27,922
|
373
|
|
|
Jones Group Inc.
|
25,017
|
294
|
|
|
Columbia Sportswear Co.
|
4,127
|
239
|
|
|
|
|
|
|
|
|
Oxford Industries Inc.
|
|
4,235
|
231
|
|
*
|
Skechers U.S.A. Inc. Class A
|
|
11,737
|
229
|
|
*
|
Tumi Holdings Inc.
|
|
9,615
|
216
|
|
*
|
G-III Apparel Group Ltd.
|
|
5,186
|
197
|
|
|
True Religion Apparel Inc.
|
|
7,397
|
193
|
|
|
Movado Group Inc.
|
|
5,556
|
193
|
|
*
|
Vera Bradley Inc.
|
|
6,052
|
168
|
|
*
|
Quiksilver Inc.
|
|
34,713
|
139
|
|
*
|
Maidenform Brands Inc.
|
|
7,002
|
129
|
|
*
|
Perry Ellis International Inc.
|
|
3,683
|
80
|
|
*
|
Unifi Inc.
|
|
4,759
|
66
|
|
*
|
K-Swiss Inc. Class A
|
|
626
|
2
|
|
|
|
|
|
38,619
|
|
Total Common Stocks (Cost $519,687)
|
|
|
593,747
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.1%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost $595)
|
0.167%
|
595,189
|
595
|
|
Total Investments (100.0%) (Cost $520,282)
|
|
|
594,342
|
|
Other Assets and Liabilities-Net (0.0%)
2
|
|
|
113
|
|
Net Assets (100%)
|
|
|
594,455
|
Securities with a market value of less than $500 are displayed with a dash.
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $37,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $38,000 of collateral received for securities on loan.
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.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $520,282,000. Net unrealized appreciation of investment securities for tax purposes was $74,060,000, consisting of unrealized gains of $103,571,000 on securities that had risen in value since their purchase and $29,511,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Consumer Staples Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.0%)
|
|
|
|
Beverages (19.9%)
|
|
|
|
|
Coca-Cola Co.
|
3,237,133
|
122,752
|
|
|
PepsiCo Inc.
|
1,196,290
|
83,991
|
|
|
Dr Pepper Snapple Group Inc.
|
197,562
|
8,861
|
|
|
Coca-Cola Enterprises Inc.
|
282,160
|
8,798
|
|
|
Brown-Forman Corp. Class B
|
115,285
|
8,091
|
|
|
Beam Inc.
|
132,068
|
7,410
|
|
*
|
Monster Beverage Corp.
|
138,485
|
7,208
|
|
|
Molson Coors Brewing Co. Class B
|
147,163
|
6,101
|
|
*
|
Constellation Brands Inc. Class A
|
157,290
|
5,644
|
|
*
|
Boston Beer Co. Inc. Class A
|
12,965
|
1,465
|
|
|
Coca-Cola Bottling Co. Consolidated
|
12,289
|
843
|
|
*
|
National Beverage Corp.
|
46,427
|
797
|
|
*
|
Central European Distribution Corp.
|
261,350
|
442
|
|
|
|
|
262,403
|
|
Food & Staples Retailing (22.2%)
|
|
|
|
|
Wal-Mart Stores Inc.
|
1,461,386
|
105,249
|
|
|
CVS Caremark Corp.
|
1,122,406
|
52,203
|
|
|
Costco Wholesale Corp.
|
380,378
|
39,555
|
|
|
Walgreen Co.
|
770,427
|
26,125
|
|
|
Sysco Corp.
|
524,217
|
16,591
|
|
|
Whole Foods Market Inc.
|
156,448
|
14,606
|
|
|
Kroger Co.
|
482,451
|
12,659
|
|
|
Safeway Inc.
|
257,960
|
4,414
|
|
*
|
United Natural Foods Inc.
|
51,765
|
2,680
|
|
*
|
Fresh Market Inc.
|
46,799
|
2,426
|
|
|
Casey's General Stores Inc.
|
42,430
|
2,096
|
|
|
Harris Teeter Supermarkets Inc.
|
54,166
|
2,058
|
|
|
PriceSmart Inc.
|
24,313
|
1,885
|
|
*
|
Susser Holdings Corp.
|
37,095
|
1,354
|
|
|
Andersons Inc.
|
28,697
|
1,210
|
|
*
|
Rite Aid Corp.
|
1,020,342
|
1,030
|
|
|
SUPERVALU Inc.
|
412,974
|
983
|
|
|
Weis Markets Inc.
|
23,158
|
906
|
|
|
Spartan Stores Inc.
|
54,177
|
815
|
|
|
Nash Finch Co.
|
38,511
|
813
|
|
|
Village Super Market Inc. Class A
|
20,654
|
778
|
|
*
|
Pantry Inc.
|
57,311
|
736
|
|
|
Ingles Markets Inc. Class A
|
42,697
|
695
|
|
*
|
Chefs' Warehouse Inc.
|
43,119
|
682
|
|
|
Roundy's Inc.
|
18,281
|
87
|
|
|
|
|
292,636
|
|
Food Products (19.7%)
|
|
|
|
|
Mondelez International Inc. Class A
|
1,400,274
|
36,253
|
|
|
General Mills Inc.
|
573,435
|
23,505
|
|
*
|
Kraft Foods Group Inc.
|
466,706
|
21,104
|
|
|
HJ Heinz Co.
|
286,194
|
16,731
|
|
|
Archer-Daniels-Midland Co.
|
590,120
|
15,756
|
|
|
Kellogg Co.
|
226,979
|
12,588
|
|
|
|
|
|
|
|
Mead Johnson Nutrition Co.
|
183,856
|
12,537
|
|
|
ConAgra Foods Inc.
|
381,060
|
11,378
|
|
|
Hershey Co.
|
146,957
|
10,768
|
|
|
Bunge Ltd.
|
134,788
|
9,861
|
|
|
JM Smucker Co.
|
104,670
|
9,259
|
|
|
McCormick & Co. Inc.
|
112,587
|
7,269
|
|
|
Campbell Soup Co.
|
179,743
|
6,606
|
|
|
Tyson Foods Inc. Class A
|
292,094
|
5,599
|
|
*,^
Green Mountain Coffee Roasters Inc.
|
135,730
|
4,977
|
|
*
|
Ralcorp Holdings Inc.
|
55,391
|
4,938
|
|
|
Ingredion Inc.
|
75,931
|
4,932
|
|
|
Hormel Foods Corp.
|
144,180
|
4,471
|
|
*
|
Smithfield Foods Inc.
|
160,973
|
3,601
|
|
|
Hillshire Brands Co.
|
123,387
|
3,436
|
|
*
|
Dean Foods Co.
|
198,865
|
3,409
|
|
|
Flowers Foods Inc.
|
131,790
|
3,102
|
|
*
|
Hain Celestial Group Inc.
|
42,546
|
2,564
|
|
*
|
Darling International Inc.
|
134,010
|
2,261
|
|
*
|
TreeHouse Foods Inc.
|
41,505
|
2,177
|
|
|
B&G Foods Inc.
|
67,320
|
1,964
|
|
|
Lancaster Colony Corp.
|
23,883
|
1,809
|
|
*
|
Post Holdings Inc.
|
48,730
|
1,678
|
|
|
Snyders-Lance Inc.
|
64,131
|
1,544
|
|
*
|
Smart Balance Inc.
|
121,124
|
1,506
|
|
|
Fresh Del Monte Produce Inc.
|
57,084
|
1,481
|
|
|
Sanderson Farms Inc.
|
30,155
|
1,447
|
|
|
J&J Snack Foods Corp.
|
22,386
|
1,408
|
|
*
|
Pilgrim's Pride Corp.
|
164,985
|
1,178
|
|
|
Cal-Maine Foods Inc.
|
25,348
|
1,165
|
|
|
Tootsie Roll Industries Inc.
|
37,118
|
1,009
|
|
*
|
Chiquita Brands International Inc.
|
124,973
|
891
|
|
*
|
Dole Food Co. Inc.
|
76,360
|
877
|
|
*
|
Seneca Foods Corp. Class A
|
24,989
|
774
|
|
|
Calavo Growers Inc.
|
30,663
|
738
|
|
^
|
Diamond Foods Inc.
|
45,510
|
648
|
|
*
|
Annie's Inc.
|
2,796
|
100
|
|
*
|
Farmer Bros Co.
|
886
|
10
|
|
|
|
|
259,309
|
|
Household Products (19.5%)
|
|
|
|
|
Procter & Gamble Co.
|
2,238,833
|
156,338
|
|
|
Colgate-Palmolive Co.
|
419,146
|
45,477
|
|
|
Kimberly-Clark Corp.
|
345,510
|
29,617
|
|
|
Clorox Co.
|
117,722
|
8,988
|
|
|
Church & Dwight Co. Inc.
|
130,485
|
7,066
|
|
|
Energizer Holdings Inc.
|
64,432
|
5,139
|
|
|
Spectrum Brands Holdings Inc.
|
34,848
|
1,667
|
|
|
WD-40 Co.
|
24,323
|
1,149
|
|
*
|
Central Garden and Pet Co. Class A
|
80,145
|
940
|
|
*
|
Central Garden and Pet Co.
|
59,867
|
670
|
|
|
|
|
257,051
|
|
Personal Products (2.7%)
|
|
|
|
|
Estee Lauder Cos. Inc. Class A
|
214,049
|
12,468
|
|
|
Avon Products Inc.
|
407,856
|
5,690
|
|
|
Herbalife Ltd.
|
111,730
|
5,136
|
|
|
Nu Skin Enterprises Inc. Class A
|
62,002
|
2,815
|
|
*
|
Prestige Brands Holdings Inc.
|
77,627
|
1,677
|
|
|
|
|
|
|
|
*
|
Elizabeth Arden Inc.
|
|
34,512
|
1,602
|
|
*
|
Schiff Nutrition International Inc.
|
|
28,865
|
1,212
|
|
*
|
Medifast Inc.
|
|
35,148
|
1,115
|
|
|
Inter Parfums Inc.
|
|
46,773
|
936
|
|
*,^
USANA Health Sciences Inc.
|
|
19,534
|
806
|
|
*
|
Revlon Inc. Class A
|
|
51,918
|
775
|
|
|
Nature's Sunshine Products Inc.
|
|
46,515
|
713
|
|
|
|
|
|
34,945
|
|
Tobacco (16.0%)
|
|
|
|
|
|
Philip Morris International Inc.
|
|
1,347,873
|
121,147
|
|
|
Altria Group Inc.
|
|
1,705,519
|
57,664
|
|
|
Lorillard Inc.
|
|
119,983
|
14,537
|
|
|
Reynolds American Inc.
|
|
308,525
|
13,489
|
|
|
Universal Corp.
|
|
31,421
|
1,568
|
|
|
Vector Group Ltd.
|
|
75,998
|
1,227
|
|
*
|
Alliance One International Inc.
|
|
256,042
|
842
|
|
*,^
Star Scientific Inc.
|
|
238,532
|
677
|
|
|
|
|
|
211,151
|
|
Total Common Stocks (Cost $1,123,570)
|
|
|
1,317,495
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.2%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost
|
|
|
|
|
|
$2,586)
|
0.167%
|
2,585,674
|
2,586
|
|
Total Investments (100.2%) (Cost $1,126,156)
|
|
|
1,320,081
|
|
Other Assets and Liabilities-Net (-0.2%)
2
|
|
|
(2,167)
|
|
Net Assets (100%)
|
|
|
1,317,914
|
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $1,702,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $1,762,000 of collateral received for securities on loan.
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.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
Consumer Staples Index Fund
C.
At November 30, 2012, the cost of investment securities for tax purposes was $1,126,156,000. Net unrealized appreciation of investment securities for tax purposes was $193,925,000, consisting of unrealized gains of $216,878,000 on securities that had risen in value since their purchase and $22,953,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Energy Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.9%)
|
|
|
|
Energy Equipment & Services (20.4%)
|
|
|
|
|
Oil & Gas Drilling (3.3%)
|
|
|
|
|
Ensco plc Class A
|
262,270
|
15,272
|
|
|
Noble Corp.
|
358,602
|
12,368
|
|
|
Helmerich & Payne Inc.
|
155,596
|
8,122
|
|
|
Diamond Offshore Drilling Inc.
|
103,236
|
7,123
|
|
*
|
Nabors Industries Ltd.
|
420,310
|
6,178
|
|
*
|
Rowan Cos. plc Class A
|
185,222
|
5,877
|
|
|
Patterson-UTI Energy Inc.
|
243,604
|
4,326
|
|
*
|
Atwood Oceanics Inc.
|
92,582
|
4,259
|
|
*
|
Unit Corp.
|
68,427
|
3,074
|
|
*
|
Hercules Offshore Inc.
|
323,177
|
1,668
|
|
*
|
Vantage Drilling Co.
|
616,088
|
1,109
|
|
*
|
Pioneer Energy Services Corp.
|
145,082
|
1,049
|
|
*
|
Parker Drilling Co.
|
249,087
|
1,044
|
|
|
|
|
Oil & Gas Equipment & Services (17.1%)
|
|
|
|
|
Schlumberger Ltd.
|
1,818,980
|
130,275
|
|
|
Halliburton Co.
|
1,260,669
|
42,043
|
|
|
National Oilwell Varco Inc.
|
581,135
|
39,692
|
|
|
Baker Hughes Inc.
|
602,641
|
26,004
|
|
*
|
Cameron International Corp.
|
343,249
|
18,518
|
|
*
|
FMC Technologies Inc.
|
336,541
|
13,751
|
|
*
|
Weatherford International Ltd.
|
1,063,921
|
11,075
|
|
|
Oceaneering International Inc.
|
157,930
|
8,320
|
|
|
Core Laboratories NV
|
68,626
|
7,081
|
|
*
|
Dresser-Rand Group Inc.
|
114,038
|
6,022
|
|
*
|
Oil States International Inc.
|
77,152
|
5,456
|
|
*
|
Superior Energy Services Inc.
|
232,323
|
4,719
|
|
*
|
McDermott International Inc.
|
365,400
|
3,848
|
|
*
|
Dril-Quip Inc.
|
51,921
|
3,654
|
|
|
Tidewater Inc.
|
80,860
|
3,627
|
|
|
Bristow Group Inc.
|
60,883
|
3,172
|
|
*
|
SEACOR Holdings Inc.
|
33,751
|
3,058
|
|
*
|
Helix Energy Solutions Group Inc.
|
168,324
|
2,947
|
|
|
Lufkin Industries Inc.
|
53,380
|
2,923
|
|
|
CARBO Ceramics Inc.
|
31,873
|
2,441
|
|
*
|
Exterran Holdings Inc.
|
109,992
|
2,296
|
|
*
|
Hornbeck Offshore Services Inc.
|
59,115
|
2,126
|
|
*
|
Geospace Technologies Corp.
|
27,540
|
2,098
|
|
|
RPC Inc.
|
134,284
|
1,552
|
|
*
|
Newpark Resources Inc.
|
196,054
|
1,529
|
|
*
|
ION Geophysical Corp.
|
254,769
|
1,518
|
|
*
|
Key Energy Services Inc.
|
223,339
|
1,494
|
|
*
|
C&J Energy Services Inc.
|
72,528
|
1,448
|
|
*
|
Gulfmark Offshore Inc.
|
44,303
|
1,388
|
|
*,^
Heckmann Corp.
|
354,435
|
1,386
|
|
*
|
PHI Inc.
|
37,183
|
1,165
|
|
*
|
TETRA Technologies Inc.
|
165,858
|
1,161
|
|
*
|
Tesco Corp.
|
88,561
|
957
|
|
|
|
|
|
|
*
|
Matrix Service Co.
|
81,922
|
899
|
|
|
Gulf Island Fabrication Inc.
|
37,379
|
870
|
|
*
|
Willbros Group Inc.
|
160,033
|
805
|
|
*
|
RigNet Inc.
|
41,414
|
796
|
|
*
|
Basic Energy Services Inc.
|
71,140
|
784
|
|
*
|
Dawson Geophysical Co.
|
27,167
|
618
|
|
*
|
Cal Dive International Inc.
|
318,159
|
500
|
|
*
|
Global Geophysical Services Inc.
|
78,615
|
331
|
|
*
|
Forum Energy Technologies Inc.
|
2,539
|
64
|
|
|
|
|
435,880
|
|
Oil, Gas & Consumable Fuels (79.5%)
|
|
|
|
|
Coal & Consumable Fuels (1.3%)
|
|
|
|
|
CONSOL Energy Inc.
|
325,235
|
10,196
|
|
|
Peabody Energy Corp.
|
383,806
|
9,637
|
|
*
|
Alpha Natural Resources Inc.
|
330,903
|
2,475
|
|
|
Arch Coal Inc.
|
333,732
|
2,243
|
|
*
|
Cloud Peak Energy Inc.
|
114,675
|
2,175
|
|
*
|
Solazyme Inc.
|
80,190
|
598
|
|
*
|
Uranium Energy Corp.
|
245,694
|
555
|
|
*,^
James River Coal Co.
|
146,771
|
542
|
|
*
|
KiOR Inc.
|
54,364
|
351
|
|
*,^
USEC Inc.
|
62,422
|
31
|
|
|
|
|
Integrated Oil & Gas (41.2%)
|
|
|
|
|
Exxon Mobil Corp.
|
5,395,324
|
475,544
|
|
|
Chevron Corp.
|
2,691,400
|
284,454
|
|
|
Occidental Petroleum Corp.
|
1,100,883
|
82,797
|
|
|
Hess Corp.
|
424,483
|
21,059
|
|
|
Murphy Oil Corp.
|
259,380
|
14,717
|
|
|
|
|
Oil & Gas Exploration & Production (25.8%)
|
|
|
|
|
ConocoPhillips
|
1,647,119
|
93,787
|
|
|
Anadarko Petroleum Corp.
|
682,379
|
49,943
|
|
|
EOG Resources Inc.
|
368,810
|
43,379
|
|
|
Apache Corp.
|
526,172
|
40,563
|
|
|
Marathon Oil Corp.
|
976,511
|
30,125
|
|
|
Devon Energy Corp.
|
530,873
|
27,430
|
|
|
Noble Energy Inc.
|
244,799
|
23,929
|
|
|
Pioneer Natural Resources Co.
|
162,235
|
17,359
|
|
*
|
Southwestern Energy Co.
|
490,809
|
17,036
|
|
|
Chesapeake Energy Corp.
|
921,108
|
15,686
|
|
|
Range Resources Corp.
|
228,983
|
14,660
|
|
|
Cabot Oil & Gas Corp.
|
299,536
|
14,108
|
|
|
EQT Corp.
|
209,863
|
12,604
|
|
*
|
Concho Resources Inc.
|
139,246
|
11,176
|
|
*
|
Denbury Resources Inc.
|
563,631
|
8,697
|
|
|
Cimarex Energy Co.
|
124,125
|
7,462
|
|
|
QEP Resources Inc.
|
259,479
|
7,297
|
|
*
|
Whiting Petroleum Corp.
|
170,423
|
7,148
|
|
*
|
Plains Exploration & Production Co.
|
189,543
|
6,767
|
|
*
|
Cobalt International Energy Inc.
|
274,481
|
6,401
|
|
|
Energen Corp.
|
109,424
|
4,873
|
|
*
|
Newfield Exploration Co.
|
198,645
|
4,835
|
|
*
|
WPX Energy Inc.
|
300,872
|
4,751
|
|
|
SM Energy Co.
|
94,805
|
4,711
|
|
*
|
Continental Resources Inc.
|
68,121
|
4,680
|
|
*
|
Ultra Petroleum Corp.
|
233,358
|
4,679
|
|
|
|
|
|
* Rosetta Resources Inc.
|
84,306
|
3,789
|
|
* Kodiak Oil & Gas Corp.
|
402,293
|
3,452
|
|
Energy XXI Bermuda Ltd.
|
108,385
|
3,434
|
|
* SandRidge Energy Inc.
|
582,488
|
3,408
|
|
* Oasis Petroleum Inc.
|
111,697
|
3,376
|
|
* Gulfport Energy Corp.
|
80,819
|
3,074
|
|
* Gran Tierra Energy Inc.
|
480,115
|
2,761
|
|
Berry Petroleum Co. Class A
|
75,284
|
2,342
|
|
* PDC Energy Inc.
|
62,310
|
2,236
|
|
EXCO Resources Inc.
|
255,664
|
1,984
|
|
* Halcon Resources Corp.
|
280,600
|
1,734
|
|
* Stone Energy Corp.
|
78,499
|
1,627
|
|
* Northern Oil and Gas Inc.
|
102,973
|
1,617
|
|
* Approach Resources Inc.
|
67,666
|
1,589
|
|
* Comstock Resources Inc.
|
96,265
|
1,579
|
|
* EPL Oil & Gas Inc.
|
73,342
|
1,539
|
|
* Carrizo Oil & Gas Inc.
|
73,432
|
1,524
|
|
* Bill Barrett Corp.
|
87,663
|
1,524
|
|
* McMoRan Exploration Co.
|
177,206
|
1,512
|
|
* Laredo Petroleum Holdings Inc.
|
73,153
|
1,391
|
|
* Rex Energy Corp.
|
104,762
|
1,378
|
|
* Magnum Hunter Resources Corp.
|
331,276
|
1,335
|
|
* Forest Oil Corp.
|
202,743
|
1,291
|
|
* Vaalco Energy Inc.
|
148,707
|
1,260
|
|
W&T Offshore Inc.
|
75,921
|
1,258
|
|
* Swift Energy Co.
|
76,562
|
1,185
|
|
* Contango Oil & Gas Co.
|
26,798
|
1,098
|
|
* Resolute Energy Corp.
|
115,868
|
990
|
|
* Harvest Natural Resources Inc.
|
111,621
|
982
|
|
* PetroQuest Energy Inc.
|
169,311
|
902
|
|
* Triangle Petroleum Corp.
|
138,256
|
864
|
|
* Endeavour International Corp.
|
122,006
|
822
|
|
* BPZ Resources Inc.
|
308,050
|
779
|
|
Penn Virginia Corp.
|
174,770
|
774
|
|
* Bonanza Creek Energy Inc.
|
32,108
|
761
|
|
* Clayton Williams Energy Inc.
|
17,864
|
727
|
|
* Quicksilver Resources Inc.
|
228,825
|
725
|
|
* Goodrich Petroleum Corp.
|
76,012
|
685
|
|
* Warren Resources Inc.
|
243,181
|
669
|
|
* Abraxas Petroleum Corp.
|
271,955
|
604
|
|
* TransAtlantic Petroleum Ltd.
|
694,686
|
597
|
|
* FX Energy Inc.
|
139,429
|
559
|
|
* Sanchez Energy Corp.
|
28,712
|
525
|
|
* Hyperdynamics Corp.
|
557,839
|
402
|
|
Apco Oil and Gas International Inc.
|
24,537
|
261
|
|
* ZaZa Energy Corp.
|
112,685
|
215
|
|
* Lone Pine Resources Inc.
|
201,342
|
213
|
|
* Gastar Exploration Ltd.
|
72,810
|
72
|
|
* Midstates Petroleum Co. Inc.
|
9,908
|
68
|
|
* Matador Resources Co.
|
6,925
|
62
|
|
* Oilsands Quest Inc.
|
972,322
|
4
|
|
* Magnum Hunter Resources Corp. Warrants Exp. 10/14/2013
|
19,078
|
—
|
|
|
|
Oil & Gas Refining & Marketing (6.2%)
|
|
|
|
Phillips 66
|
823,219
|
43,112
|
|
Marathon Petroleum Corp.
|
475,772
|
28,327
|
|
Valero Energy Corp.
|
771,936
|
24,903
|
|
|
|
|
|
|
|
|
HollyFrontier Corp.
|
|
281,838
|
12,776
|
|
|
Tesoro Corp.
|
|
205,608
|
8,693
|
|
|
World Fuel Services Corp.
|
|
109,958
|
4,283
|
|
|
Western Refining Inc.
|
|
101,616
|
2,952
|
|
*
|
Rentech Inc.
|
|
564,540
|
1,592
|
|
*
|
CVR Energy Inc.
|
|
34,597
|
1,582
|
|
*,^
Clean Energy Fuels Corp.
|
|
115,101
|
1,526
|
|
|
Delek US Holdings Inc.
|
|
38,146
|
1,002
|
|
|
Alon USA Energy Inc.
|
|
63,812
|
907
|
|
*
|
Green Plains Renewable Energy Inc.
|
|
104,656
|
809
|
|
*
|
Amyris Inc.
|
|
154,300
|
437
|
|
*
|
Gevo Inc.
|
|
34,836
|
56
|
|
|
|
|
Oil & Gas Storage & Transportation (5.0%)
|
|
|
|
|
|
Kinder Morgan Inc.
|
|
898,679
|
30,384
|
|
|
Williams Cos. Inc.
|
|
817,758
|
26,855
|
|
|
Spectra Energy Corp.
|
|
898,773
|
25,121
|
|
*
|
Kinder Morgan Management LLC
|
|
145,398
|
11,036
|
|
*
|
Cheniere Energy Inc.
|
|
287,308
|
4,827
|
|
*
|
SemGroup Corp. Class A
|
|
67,396
|
2,539
|
|
|
Targa Resources Corp.
|
|
46,814
|
2,345
|
|
|
Enbridge Energy Management LLC
|
|
65,580
|
1,935
|
|
|
Crosstex Energy Inc.
|
|
93,760
|
1,205
|
|
|
|
|
|
1,698,223
|
|
Total Common Stocks (Cost $1,993,248)
|
|
|
2,134,103
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.1%)
|
|
|
|
|
Money Market Fund (0.1%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost
|
|
|
|
|
|
$1,256)
|
0.167%
|
1,256,302
|
1,256
|
|
Total Investments (100.0%) (Cost $1,994,504)
|
|
|
2,135,359
|
|
Other Assets and Liabilities-Net (0.0%)
2
|
|
|
(857)
|
|
Net Assets (100%)
|
|
|
2,134,502
|
Securities with a market value of less than $500 are displayed with a dash.
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $1,030,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $1,256,000 of collateral received for securities on loan.
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.
Various inputs may be used to determine the value of the fund's investments. 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.
Energy Index Fund
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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $1,994,504,000. Net unrealized appreciation of investment securities for tax purposes was $140,855,000, consisting of unrealized gains of $308,854,000 on securities that had risen in value since their purchase and $167,999,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Financials Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.0%)
|
|
|
|
Capital Markets (12.6%)
|
|
|
|
|
Goldman Sachs Group Inc.
|
174,280
|
20,528
|
|
|
Bank of New York Mellon Corp.
|
452,011
|
10,821
|
|
|
BlackRock Inc.
|
51,123
|
10,073
|
|
|
Morgan Stanley
|
566,871
|
9,563
|
|
|
State Street Corp.
|
183,525
|
8,156
|
|
|
Franklin Resources Inc.
|
56,928
|
7,516
|
|
|
T. Rowe Price Group Inc.
|
97,160
|
6,283
|
|
|
Charles Schwab Corp.
|
414,925
|
5,435
|
|
|
Ameriprise Financial Inc.
|
80,904
|
4,908
|
|
|
Invesco Ltd.
|
170,526
|
4,261
|
|
|
Northern Trust Corp.
|
82,916
|
3,982
|
|
*
|
Affiliated Managers Group Inc.
|
19,675
|
2,535
|
|
|
Raymond James Financial Inc.
|
44,948
|
1,697
|
|
|
Ares Capital Corp.
|
93,737
|
1,663
|
|
*
|
American Capital Ltd.
|
124,313
|
1,489
|
|
|
Eaton Vance Corp.
|
44,274
|
1,411
|
|
|
TD Ameritrade Holding Corp.
|
84,045
|
1,361
|
|
|
Legg Mason Inc.
|
46,504
|
1,187
|
|
|
SEI Investments Co.
|
53,169
|
1,170
|
|
|
Waddell & Reed Financial Inc. Class A
|
32,742
|
1,064
|
|
*
|
E*TRADE Financial Corp.
|
104,009
|
876
|
|
|
Jefferies Group Inc.
|
50,486
|
856
|
|
|
Prospect Capital Corp.
|
80,164
|
844
|
|
|
Federated Investors Inc. Class B
|
36,009
|
715
|
|
|
Apollo Investment Corp.
|
77,807
|
632
|
|
|
LPL Financial Holdings Inc.
|
21,251
|
595
|
|
*
|
Stifel Financial Corp.
|
19,566
|
595
|
|
|
Janus Capital Group Inc.
|
72,355
|
593
|
|
*
|
Walter Investment Management Corp.
|
12,793
|
541
|
|
|
Greenhill & Co. Inc.
|
10,367
|
493
|
|
*
|
Financial Engines Inc.
|
15,165
|
398
|
|
|
Fifth Street Finance Corp.
|
34,652
|
374
|
|
|
Solar Capital Ltd.
|
14,089
|
323
|
|
|
Main Street Capital Corp.
|
10,502
|
322
|
|
|
BlackRock Kelso Capital Corp.
|
27,780
|
281
|
|
*
|
Virtus Investment Partners Inc.
|
2,394
|
275
|
|
|
Triangle Capital Corp.
|
10,573
|
270
|
|
|
Evercore Partners Inc. Class A
|
9,718
|
267
|
|
|
PennantPark Investment Corp.
|
24,682
|
266
|
|
|
KBW Inc.
|
12,592
|
217
|
|
|
Cohen & Steers Inc.
|
7,579
|
217
|
|
|
Hercules Technology Growth Capital Inc.
|
19,909
|
214
|
|
*
|
WisdomTree Investments Inc.
|
33,567
|
205
|
|
*
|
HFF Inc. Class A
|
12,586
|
187
|
|
*
|
Piper Jaffray Cos.
|
6,399
|
182
|
|
|
Duff & Phelps Corp. Class A
|
14,004
|
170
|
|
*
|
ICG Group Inc.
|
14,139
|
158
|
|
|
TICC Capital Corp.
|
15,580
|
156
|
|
|
Epoch Holding Corp.
|
6,279
|
138
|
|
|
|
|
|
* Investment Technology Group Inc.
|
14,812
|
132
|
|
MCG Capital Corp.
|
28,737
|
128
|
|
Capital Southwest Corp.
|
1,193
|
128
|
|
* Knight Capital Group Inc. Class A
|
37,787
|
127
|
|
BGC Partners Inc. Class A
|
35,209
|
127
|
|
Golub Capital BDC Inc.
|
8,004
|
127
|
|
* Safeguard Scientifics Inc.
|
8,058
|
114
|
|
MVC Capital Inc.
|
8,531
|
102
|
|
THL Credit Inc.
|
6,749
|
98
|
|
* INTL. FCStone Inc.
|
5,455
|
95
|
|
New Mountain Finance Corp.
|
5,963
|
90
|
|
Westwood Holdings Group Inc.
|
2,083
|
83
|
|
TCP Capital Corp.
|
5,532
|
83
|
|
GAMCO Investors Inc.
|
1,636
|
80
|
|
Calamos Asset Management Inc. Class A
|
7,960
|
78
|
|
GFI Group Inc.
|
26,801
|
75
|
|
Oppenheimer Holdings Inc. Class A
|
3,865
|
62
|
|
* Cowen Group Inc. Class A
|
25,352
|
59
|
|
* GSV Capital Corp.
|
7,100
|
57
|
|
* Ladenburg Thalmann Financial Services Inc.
|
42,651
|
52
|
|
Artio Global Investors Inc. Class A
|
12,712
|
29
|
|
Pzena Investment Management Inc. Class A
|
3,615
|
20
|
|
* Gleacher & Co. Inc.
|
6,356
|
4
|
|
* SWS Group Inc.
|
80
|
—
|
|
|
|
118,413
|
|
Commercial Banks (18.8%)
|
|
|
|
Wells Fargo & Co.
|
1,920,337
|
63,390
|
|
US Bancorp
|
725,214
|
23,395
|
|
PNC Financial Services Group Inc.
|
202,537
|
11,370
|
|
BB&T Corp.
|
267,467
|
7,535
|
|
SunTrust Banks Inc.
|
206,362
|
5,603
|
|
Fifth Third Bancorp
|
351,595
|
5,147
|
|
M&T Bank Corp.
|
43,632
|
4,264
|
|
Regions Financial Corp.
|
541,734
|
3,613
|
|
KeyCorp
|
361,443
|
2,920
|
|
* CIT Group Inc.
|
73,103
|
2,708
|
|
Comerica Inc.
|
74,044
|
2,191
|
|
Huntington Bancshares Inc.
|
328,761
|
2,022
|
|
Zions Bancorporation
|
70,619
|
1,417
|
|
* Signature Bank
|
17,585
|
1,234
|
|
First Republic Bank
|
34,957
|
1,182
|
|
Cullen/Frost Bankers Inc.
|
21,230
|
1,159
|
|
East West Bancorp Inc.
|
54,371
|
1,150
|
|
Commerce Bancshares Inc.
|
29,848
|
1,068
|
|
First Niagara Financial Group Inc.
|
135,135
|
1,019
|
|
Hancock Holding Co.
|
30,954
|
973
|
|
* SVB Financial Group
|
16,947
|
936
|
|
First Horizon National Corp.
|
95,295
|
901
|
|
City National Corp.
|
18,459
|
899
|
|
Associated Banc-Corp
|
65,696
|
844
|
|
Prosperity Bancshares Inc.
|
20,442
|
841
|
|
* Popular Inc.
|
39,381
|
779
|
|
Fulton Financial Corp.
|
77,045
|
750
|
|
Bank of Hawaii Corp.
|
17,186
|
747
|
|
Susquehanna Bancshares Inc.
|
68,466
|
704
|
|
TCF Financial Corp.
|
59,131
|
702
|
|
* Texas Capital Bancshares Inc.
|
15,468
|
697
|
|
|
|
|
|
Valley National Bancorp
|
71,832
|
685
|
|
Synovus Financial Corp.
|
286,471
|
679
|
|
CapitalSource Inc.
|
81,807
|
659
|
|
Webster Financial Corp.
|
28,700
|
598
|
|
FirstMerit Corp.
|
42,117
|
593
|
|
BOK Financial Corp.
|
10,507
|
578
|
|
FNB Corp.
|
53,532
|
578
|
|
Iberiabank Corp.
|
11,351
|
553
|
|
UMB Financial Corp.
|
12,464
|
528
|
|
Trustmark Corp.
|
23,606
|
525
|
|
Wintrust Financial Corp.
|
14,008
|
515
|
|
Cathay General Bancorp
|
28,780
|
515
|
|
Umpqua Holdings Corp.
|
42,974
|
501
|
|
United Bankshares Inc.
|
19,323
|
477
|
|
National Penn Bancshares Inc.
|
49,719
|
471
|
|
Old National Bancorp
|
38,963
|
457
|
|
Westamerica Bancorporation
|
10,720
|
456
|
|
BancorpSouth Inc.
|
32,599
|
431
|
|
PrivateBancorp Inc.
|
25,531
|
418
|
|
Glacier Bancorp Inc.
|
27,597
|
401
|
|
Community Bank System Inc.
|
14,467
|
389
|
|
MB Financial Inc.
|
20,003
|
389
|
|
First Financial Bankshares Inc.
|
9,771
|
380
|
|
International Bancshares Corp.
|
20,363
|
369
|
|
First Midwest Bancorp Inc.
|
28,797
|
360
|
|
Bank of the Ozarks Inc.
|
11,152
|
354
|
|
CVB Financial Corp.
|
33,652
|
342
|
|
First Citizens BancShares Inc. Class A
|
1,993
|
329
|
|
First Financial Bancorp
|
22,564
|
328
|
|
BBCN Bancorp Inc.
|
28,130
|
320
|
|
Park National Corp.
|
4,837
|
305
|
|
Sterling Financial Corp.
|
14,415
|
297
|
|
Investors Bancorp Inc.
|
17,213
|
295
|
|
* Western Alliance Bancorp
|
28,875
|
293
|
|
BankUnited Inc.
|
12,455
|
293
|
|
PacWest Bancorp
|
11,558
|
288
|
|
Home BancShares Inc.
|
8,649
|
287
|
|
* Citizens Republic Bancorp Inc.
|
14,633
|
275
|
|
Columbia Banking System Inc.
|
14,991
|
259
|
|
First Commonwealth Financial Corp.
|
39,920
|
256
|
|
Independent Bank Corp.
|
8,718
|
250
|
|
NBT Bancorp Inc.
|
12,565
|
248
|
|
Boston Private Financial Holdings Inc.
|
26,704
|
246
|
|
* Pinnacle Financial Partners Inc.
|
12,694
|
242
|
|
Chemical Financial Corp.
|
10,600
|
231
|
|
Banner Corp.
|
7,313
|
220
|
|
Oriental Financial Group Inc.
|
17,469
|
210
|
|
SCBT Financial Corp.
|
5,407
|
210
|
|
WesBanco Inc.
|
9,568
|
202
|
|
City Holding Co.
|
5,544
|
186
|
|
S&T Bancorp Inc.
|
10,926
|
185
|
|
State Bank Financial Corp.
|
11,596
|
183
|
|
Sandy Spring Bancorp Inc.
|
9,218
|
174
|
|
Renasant Corp.
|
9,423
|
174
|
|
Community Trust Bancorp Inc.
|
5,084
|
166
|
|
West Coast Bancorp
|
7,411
|
162
|
|
Cardinal Financial Corp.
|
10,547
|
158
|
|
|
|
|
|
First Busey Corp.
|
31,800
|
146
|
|
Lakeland Financial Corp.
|
5,809
|
144
|
|
Tompkins Financial Corp.
|
3,656
|
143
|
|
Simmons First National Corp. Class A
|
5,961
|
142
|
|
TowneBank
|
9,346
|
141
|
|
* Wilshire Bancorp Inc.
|
24,275
|
141
|
|
Union First Market Bankshares Corp.
|
8,706
|
133
|
|
* Bancorp Inc.
|
11,379
|
133
|
|
Washington Trust Bancorp Inc.
|
5,239
|
132
|
|
* Central Pacific Financial Corp.
|
8,767
|
129
|
|
Southside Bancshares Inc.
|
6,141
|
129
|
|
* Eagle Bancorp Inc.
|
6,539
|
127
|
|
1st Source Corp.
|
5,583
|
118
|
|
Arrow Financial Corp.
|
4,634
|
114
|
|
Heartland Financial USA Inc.
|
4,354
|
114
|
|
SY Bancorp Inc.
|
5,085
|
113
|
|
StellarOne Corp.
|
8,601
|
111
|
|
First Community Bancshares Inc.
|
6,947
|
107
|
|
Sterling Bancorp
|
11,481
|
107
|
|
First Financial Corp.
|
3,482
|
104
|
|
Lakeland Bancorp Inc.
|
10,721
|
102
|
|
Univest Corp. of Pennsylvania
|
6,085
|
102
|
|
Bryn Mawr Bank Corp.
|
4,587
|
99
|
|
Bancfirst Corp.
|
2,248
|
95
|
|
Hudson Valley Holding Corp.
|
6,037
|
95
|
|
First Connecticut Bancorp Inc.
|
6,938
|
95
|
|
CoBiz Financial Inc.
|
13,410
|
94
|
|
Camden National Corp.
|
2,683
|
93
|
|
* United Community Banks Inc.
|
10,463
|
91
|
|
Great Southern Bancorp Inc.
|
3,516
|
89
|
|
First Interstate Bancsystem Inc.
|
5,532
|
85
|
|
Trico Bancshares
|
5,249
|
83
|
|
* Southwest Bancorp Inc.
|
7,221
|
79
|
|
Republic Bancorp Inc. Class A
|
3,830
|
78
|
|
* Taylor Capital Group Inc.
|
4,425
|
78
|
|
First Bancorp
|
6,076
|
68
|
|
* FNB United Corp.
|
4,119
|
47
|
|
* Sun Bancorp Inc.
|
14,232
|
47
|
|
* Hampton Roads Bankshares Inc.
|
13,098
|
15
|
|
* Suffolk Bancorp
|
26
|
—
|
|
|
|
176,696
|
|
Consumer Finance (5.2%)
|
|
|
|
American Express Co.
|
390,431
|
21,825
|
|
Capital One Financial Corp.
|
222,319
|
12,806
|
|
Discover Financial Services
|
196,979
|
8,196
|
|
SLM Corp.
|
180,138
|
2,981
|
|
* First Cash Financial Services Inc.
|
10,507
|
508
|
|
* Credit Acceptance Corp.
|
4,759
|
439
|
|
Cash America International Inc.
|
11,360
|
423
|
|
* World Acceptance Corp.
|
4,756
|
347
|
|
* Ezcorp Inc. Class A
|
17,595
|
338
|
|
Nelnet Inc. Class A
|
10,896
|
312
|
|
* DFC Global Corp.
|
15,737
|
275
|
|
* Netspend Holdings Inc.
|
13,208
|
154
|
|
* Green Dot Corp. Class A
|
8,401
|
104
|
|
* Regional Management Corp.
|
2,172
|
38
|
|
|
|
|
|
* First Marblehead Corp.
|
11,047
|
7
|
|
|
|
48,753
|
|
Diversified Financial Services (17.2%)
|
|
|
|
JPMorgan Chase & Co.
|
1,453,743
|
59,720
|
|
Bank of America Corp.
|
4,124,133
|
40,664
|
|
Citigroup Inc.
|
1,122,144
|
38,792
|
|
CME Group Inc.
|
120,805
|
6,677
|
|
Moody's Corp.
|
76,612
|
3,722
|
|
* IntercontinentalExchange Inc.
|
27,809
|
3,675
|
|
NYSE Euronext
|
94,225
|
2,200
|
|
Leucadia National Corp.
|
79,685
|
1,765
|
|
* MSCI Inc. Class A
|
46,616
|
1,352
|
|
NASDAQ OMX Group Inc.
|
47,915
|
1,161
|
|
CBOE Holdings Inc.
|
33,590
|
1,007
|
|
* PHH Corp.
|
21,814
|
478
|
|
MarketAxess Holdings Inc.
|
14,060
|
434
|
|
Interactive Brokers Group Inc.
|
17,617
|
269
|
|
* PICO Holdings Inc.
|
8,111
|
147
|
|
* NewStar Financial Inc.
|
9,366
|
118
|
|
|
|
162,181
|
|
Insurance (21.6%)
|
|
|
|
* Berkshire Hathaway Inc. Class B
|
353,373
|
31,125
|
|
* American International Group Inc.
|
423,657
|
14,036
|
|
MetLife Inc.
|
325,116
|
10,791
|
|
Travelers Cos. Inc.
|
147,420
|
10,440
|
|
ACE Ltd.
|
129,724
|
10,278
|
|
Aflac Inc.
|
179,159
|
9,494
|
|
Prudential Financial Inc.
|
177,663
|
9,260
|
|
Chubb Corp.
|
101,826
|
7,840
|
|
Allstate Corp.
|
185,772
|
7,520
|
|
Marsh & McLennan Cos. Inc.
|
208,419
|
7,340
|
|
Aon plc
|
117,257
|
6,660
|
|
Loews Corp.
|
121,238
|
4,956
|
|
Progressive Corp.
|
221,381
|
4,704
|
|
Hartford Financial Services Group Inc.
|
158,575
|
3,359
|
|
Principal Financial Group Inc.
|
113,059
|
3,070
|
|
XL Group plc Class A
|
117,067
|
2,848
|
|
Lincoln National Corp.
|
106,927
|
2,641
|
|
Cincinnati Financial Corp.
|
59,115
|
2,395
|
|
* Arch Capital Group Ltd.
|
52,288
|
2,358
|
|
Willis Group Holdings plc
|
66,151
|
2,321
|
|
Unum Group
|
107,303
|
2,188
|
|
Everest Re Group Ltd.
|
19,817
|
2,150
|
|
PartnerRe Ltd.
|
23,756
|
1,969
|
|
Torchmark Corp.
|
36,498
|
1,898
|
|
Fidelity National Financial Inc. Class A
|
76,871
|
1,861
|
|
WR Berkley Corp.
|
44,644
|
1,775
|
|
* Alleghany Corp.
|
4,863
|
1,707
|
|
Arthur J Gallagher & Co.
|
46,443
|
1,696
|
|
* Markel Corp.
|
3,511
|
1,682
|
|
RenaissanceRe Holdings Ltd.
|
19,321
|
1,599
|
|
Axis Capital Holdings Ltd.
|
43,913
|
1,580
|
|
Reinsurance Group of America Inc. Class A
|
28,277
|
1,448
|
|
HCC Insurance Holdings Inc.
|
38,415
|
1,417
|
|
Brown & Brown Inc.
|
46,673
|
1,253
|
|
* Genworth Financial Inc. Class A
|
188,347
|
1,121
|
|
|
|
|
|
Allied World Assurance Co. Holdings AG
|
13,649
|
1,108
|
|
White Mountains Insurance Group Ltd.
|
2,137
|
1,101
|
|
Validus Holdings Ltd.
|
30,850
|
1,094
|
|
American Financial Group Inc.
|
26,936
|
1,068
|
|
Assurant Inc.
|
30,999
|
1,060
|
|
ProAssurance Corp.
|
11,163
|
1,012
|
|
Old Republic International Corp.
|
94,512
|
991
|
|
Assured Guaranty Ltd.
|
66,916
|
933
|
|
First American Financial Corp.
|
38,657
|
920
|
|
Aspen Insurance Holdings Ltd.
|
27,406
|
858
|
|
Protective Life Corp.
|
30,571
|
830
|
|
CNO Financial Group Inc.
|
88,946
|
809
|
|
Erie Indemnity Co. Class A
|
10,839
|
773
|
|
Endurance Specialty Holdings Ltd.
|
16,645
|
669
|
|
Hanover Insurance Group Inc.
|
17,264
|
631
|
|
Alterra Capital Holdings Ltd.
|
25,669
|
601
|
|
StanCorp Financial Group Inc.
|
17,021
|
579
|
|
Platinum Underwriters Holdings Ltd.
|
12,679
|
564
|
|
Kemper Corp.
|
18,973
|
562
|
|
Primerica Inc.
|
19,517
|
559
|
|
* MBIA Inc.
|
55,808
|
499
|
|
RLI Corp.
|
7,406
|
477
|
|
Mercury General Corp.
|
10,601
|
441
|
|
Montpelier Re Holdings Ltd.
|
19,238
|
421
|
|
Selective Insurance Group Inc.
|
21,157
|
395
|
|
Symetra Financial Corp.
|
31,560
|
386
|
|
* Enstar Group Ltd.
|
3,752
|
384
|
|
Amtrust Financial Services Inc.
|
11,316
|
326
|
|
Argo Group International Holdings Ltd.
|
9,784
|
325
|
|
Horace Mann Educators Corp.
|
15,258
|
292
|
|
* Greenlight Capital Re Ltd. Class A
|
11,453
|
265
|
|
American Equity Investment Life Holding Co.
|
22,796
|
263
|
|
* National Financial Partners Corp.
|
15,287
|
254
|
|
Infinity Property & Casualty Corp.
|
4,441
|
243
|
|
Tower Group Inc.
|
14,146
|
239
|
|
* Hilltop Holdings Inc.
|
16,044
|
229
|
|
* Navigators Group Inc.
|
4,366
|
229
|
|
Employers Holdings Inc.
|
11,361
|
217
|
|
Safety Insurance Group Inc.
|
4,627
|
208
|
|
Stewart Information Services Corp.
|
6,853
|
187
|
|
Maiden Holdings Ltd.
|
20,630
|
185
|
|
* eHealth Inc.
|
7,138
|
184
|
|
* AMERISAFE Inc.
|
6,916
|
179
|
|
United Fire Group Inc.
|
8,178
|
170
|
|
* Citizens Inc.
|
15,127
|
152
|
|
FBL Financial Group Inc. Class A
|
4,271
|
142
|
|
National Western Life Insurance Co. Class A
|
892
|
135
|
|
OneBeacon Insurance Group Ltd. Class A
|
7,948
|
107
|
|
Presidential Life Corp.
|
7,317
|
102
|
|
Meadowbrook Insurance Group Inc.
|
18,349
|
102
|
|
State Auto Financial Corp.
|
5,988
|
87
|
|
National Interstate Corp.
|
3,075
|
81
|
|
* Global Indemnity plc
|
3,370
|
74
|
|
Baldwin & Lyons Inc.
|
3,105
|
71
|
|
Homeowners Choice Inc.
|
3,227
|
67
|
|
Kansas City Life Insurance Co.
|
1,682
|
64
|
|
* Phoenix Cos. Inc.
|
2,296
|
55
|
|
|
|
|
|
Donegal Group Inc. Class A
|
3,492
|
48
|
|
EMC Insurance Group Inc.
|
1,979
|
43
|
|
Crawford & Co. Class A
|
6,192
|
32
|
|
Crawford & Co. Class B
|
4,839
|
30
|
|
American National Insurance Co.
|
22
|
2
|
|
|
|
203,894
|
|
Real Estate Investment Trusts (22.4%)
|
|
|
|
Simon Property Group Inc.
|
116,028
|
17,651
|
|
American Tower Corporation
|
151,134
|
11,324
|
|
Public Storage
|
55,785
|
7,846
|
|
HCP Inc.
|
173,240
|
7,804
|
|
Ventas Inc.
|
112,966
|
7,190
|
|
Equity Residential
|
122,865
|
6,820
|
|
Prologis Inc.
|
176,243
|
5,982
|
|
Boston Properties Inc.
|
57,610
|
5,913
|
|
Health Care REIT Inc.
|
97,615
|
5,749
|
|
Weyerhaeuser Co.
|
205,706
|
5,669
|
|
AvalonBay Communities Inc.
|
42,931
|
5,658
|
|
Annaly Capital Management Inc.
|
372,893
|
5,489
|
|
Vornado Realty Trust
|
64,061
|
4,896
|
|
American Capital Agency Corp.
|
130,912
|
4,130
|
|
Host Hotels & Resorts Inc.
|
276,870
|
4,067
|
|
General Growth Properties Inc.
|
161,677
|
3,132
|
|
Digital Realty Trust Inc.
|
46,738
|
3,016
|
|
Kimco Realty Corp.
|
155,819
|
3,001
|
|
Macerich Co.
|
50,845
|
2,873
|
|
Plum Creek Timber Co. Inc.
|
61,887
|
2,652
|
|
SL Green Realty Corp.
|
34,485
|
2,599
|
|
Federal Realty Investment Trust
|
24,523
|
2,551
|
|
Rayonier Inc.
|
46,985
|
2,342
|
|
UDR Inc.
|
95,889
|
2,206
|
|
Camden Property Trust
|
32,022
|
2,104
|
|
Realty Income Corp.
|
51,127
|
2,080
|
|
Essex Property Trust Inc.
|
13,830
|
1,943
|
|
Taubman Centers Inc.
|
23,663
|
1,833
|
|
American Campus Communities Inc.
|
40,221
|
1,762
|
|
Alexandria Real Estate Equities Inc.
|
24,050
|
1,633
|
|
Regency Centers Corp.
|
34,465
|
1,615
|
|
Liberty Property Trust
|
44,997
|
1,567
|
|
Senior Housing Properties Trust
|
67,692
|
1,513
|
|
BRE Properties Inc.
|
29,446
|
1,433
|
|
DDR Corp.
|
93,189
|
1,427
|
|
Extra Space Storage Inc.
|
39,853
|
1,401
|
|
Duke Realty Corp.
|
103,349
|
1,395
|
|
Apartment Investment & Management Co. Class A
|
55,314
|
1,387
|
|
CBL & Associates Properties Inc.
|
57,693
|
1,299
|
|
Kilroy Realty Corp.
|
28,397
|
1,281
|
|
National Retail Properties Inc.
|
41,447
|
1,273
|
|
Two Harbors Investment Corp.
|
107,045
|
1,212
|
|
Weingarten Realty Investors
|
44,193
|
1,201
|
|
Tanger Factory Outlet Centers
|
35,966
|
1,183
|
|
Starwood Property Trust Inc.
|
50,928
|
1,164
|
|
Douglas Emmett Inc.
|
50,883
|
1,156
|
|
MFA Financial Inc.
|
136,780
|
1,150
|
|
Piedmont Office Realty Trust Inc. Class A
|
64,664
|
1,141
|
|
BioMed Realty Trust Inc.
|
59,079
|
1,138
|
|
Home Properties Inc.
|
19,209
|
1,131
|
|
|
|
|
|
Chimera Investment Corp.
|
393,588
|
1,078
|
|
Hospitality Properties Trust
|
47,419
|
1,076
|
|
Post Properties Inc.
|
20,810
|
1,022
|
|
Hatteras Financial Corp.
|
37,547
|
1,001
|
|
Equity Lifestyle Properties Inc.
|
15,045
|
988
|
|
Mid-America Apartment Communities Inc.
|
15,733
|
980
|
|
Omega Healthcare Investors Inc.
|
41,640
|
954
|
|
Highwoods Properties Inc.
|
29,137
|
939
|
|
Invesco Mortgage Capital Inc.
|
44,291
|
938
|
|
Mack-Cali Realty Corp.
|
33,669
|
851
|
|
CYS Investments Inc.
|
63,864
|
817
|
|
* EPR Properties
|
18,009
|
817
|
|
LaSalle Hotel Properties
|
32,838
|
792
|
|
Healthcare Realty Trust Inc.
|
33,056
|
788
|
|
ARMOUR Residential REIT Inc.
|
110,835
|
776
|
|
Corporate Office Properties Trust
|
30,630
|
756
|
|
Sovran Self Storage Inc.
|
11,138
|
688
|
|
RLJ Lodging Trust
|
36,862
|
685
|
|
Washington REIT
|
25,479
|
660
|
|
Brandywine Realty Trust
|
55,015
|
656
|
|
DiamondRock Hospitality Co.
|
74,789
|
654
|
|
Colonial Properties Trust
|
32,033
|
653
|
|
DCT Industrial Trust Inc.
|
102,203
|
639
|
|
CubeSmart
|
44,965
|
621
|
|
Medical Properties Trust Inc.
|
52,029
|
607
|
|
Potlatch Corp.
|
15,559
|
606
|
|
WP Carey Inc.
|
11,888
|
577
|
|
Glimcher Realty Trust
|
53,537
|
574
|
|
EastGroup Properties Inc.
|
10,956
|
573
|
|
Lexington Realty Trust
|
59,145
|
567
|
|
DuPont Fabros Technology Inc.
|
24,302
|
561
|
|
Newcastle Investment Corp.
|
64,903
|
545
|
|
American Realty Capital Trust Inc.
|
46,292
|
540
|
|
* Sunstone Hotel Investors Inc.
|
52,032
|
537
|
|
PennyMac Mortgage Investment Trust
|
21,782
|
537
|
|
National Health Investors Inc.
|
9,164
|
509
|
|
Redwood Trust Inc.
|
30,413
|
509
|
|
CommonWealth REIT
|
32,183
|
487
|
|
PS Business Parks Inc.
|
7,457
|
481
|
|
* First Industrial Realty Trust Inc.
|
35,842
|
473
|
|
Pebblebrook Hotel Trust
|
22,654
|
472
|
|
Acadia Realty Trust
|
18,936
|
470
|
|
Capstead Mortgage Corp.
|
37,858
|
460
|
|
Equity One Inc.
|
22,102
|
457
|
|
Education Realty Trust Inc.
|
42,561
|
439
|
|
Sun Communities Inc.
|
10,933
|
422
|
|
Government Properties Income Trust
|
17,859
|
412
|
|
Retail Properties of America Inc.
|
32,462
|
399
|
|
* Strategic Hotels & Resorts Inc.
|
62,793
|
391
|
|
LTC Properties Inc.
|
11,705
|
383
|
|
Alexander's Inc.
|
788
|
349
|
|
American Assets Trust Inc.
|
12,676
|
345
|
|
NorthStar Realty Finance Corp.
|
50,475
|
340
|
|
Pennsylvania REIT
|
20,099
|
335
|
|
CreXus Investment Corp.
|
26,498
|
331
|
|
Franklin Street Properties Corp.
|
28,322
|
327
|
|
American Capital Mortgage Investment Corp.
|
12,731
|
325
|
|
|
|
|
|
Hersha Hospitality Trust Class A
|
68,609
|
322
|
|
Anworth Mortgage Asset Corp.
|
52,819
|
312
|
|
Colony Financial Inc.
|
15,447
|
309
|
|
Sabra Health Care REIT Inc.
|
14,033
|
305
|
|
Investors Real Estate Trust
|
35,028
|
297
|
|
Cousins Properties Inc.
|
36,083
|
296
|
|
Associated Estates Realty Corp.
|
18,491
|
280
|
|
Chesapeake Lodging Trust
|
14,691
|
277
|
|
Inland Real Estate Corp.
|
33,828
|
270
|
|
Hudson Pacific Properties Inc.
|
13,178
|
255
|
|
Retail Opportunity Investments Corp.
|
19,384
|
246
|
|
Ramco-Gershenson Properties Trust
|
17,711
|
237
|
|
First Potomac Realty Trust
|
19,364
|
227
|
|
Ashford Hospitality Trust Inc.
|
24,994
|
226
|
|
Universal Health Realty Income Trust
|
4,634
|
226
|
|
Resource Capital Corp.
|
36,844
|
218
|
|
* iStar Financial Inc.
|
27,616
|
211
|
|
Coresite Realty Corp.
|
8,019
|
205
|
|
STAG Industrial Inc.
|
10,755
|
203
|
|
Apollo Residential Mortgage Inc.
|
9,042
|
196
|
|
Dynex Capital Inc.
|
19,977
|
196
|
|
Saul Centers Inc.
|
4,562
|
194
|
|
Excel Trust Inc.
|
16,320
|
194
|
|
* FelCor Lodging Trust Inc.
|
44,722
|
188
|
|
Healthcare Trust of America Inc. Class A
|
16,202
|
174
|
|
Getty Realty Corp.
|
10,356
|
174
|
|
Western Asset Mortgage Capital Corp.
|
8,075
|
167
|
|
Urstadt Biddle Properties Inc. Class A
|
8,817
|
166
|
|
Campus Crest Communities Inc.
|
14,381
|
165
|
|
Apollo Commercial Real Estate Finance Inc.
|
9,364
|
156
|
|
Kite Realty Group Trust
|
27,250
|
146
|
|
Summit Hotel Properties Inc.
|
15,788
|
139
|
|
Monmouth Real Estate Investment Corp. Class A
|
12,105
|
127
|
|
Winthrop Realty Trust
|
10,998
|
123
|
|
CapLease Inc.
|
25,969
|
122
|
|
Cedar Realty Trust Inc.
|
21,991
|
119
|
|
Parkway Properties Inc.
|
8,654
|
116
|
|
Rouse Properties Inc.
|
7,604
|
114
|
|
New York Mortgage Trust Inc.
|
16,188
|
109
|
|
Select Income REIT
|
3,456
|
86
|
|
Whitestone REIT
|
5,241
|
74
|
|
|
|
211,318
|
|
Real Estate Management & Development (0.8%)
|
|
|
|
* CBRE Group Inc. Class A
|
119,403
|
2,260
|
|
Jones Lang LaSalle Inc.
|
16,842
|
1,381
|
|
* Howard Hughes Corp.
|
10,934
|
806
|
|
* Forest City Enterprises Inc. Class A
|
46,087
|
694
|
|
* Altisource Portfolio Solutions SA
|
6,225
|
662
|
|
* St. Joe Co.
|
26,595
|
569
|
|
* Alexander & Baldwin Inc.
|
16,151
|
482
|
|
Kennedy-Wilson Holdings Inc.
|
16,773
|
220
|
|
* Forestar Group Inc.
|
13,078
|
193
|
|
* Zillow Inc. Class A
|
6,753
|
186
|
|
* Tejon Ranch Co.
|
5,991
|
167
|
|
|
|
7,620
|
|
|
|
|
|
Thrifts & Mortgage Finance (1.4%)
|
|
|
|
New York Community Bancorp Inc.
|
168,217
|
2,188
|
|
People's United Financial Inc.
|
134,517
|
1,640
|
|
* Ocwen Financial Corp.
|
43,958
|
1,576
|
|
Hudson City Bancorp Inc.
|
182,048
|
1,467
|
|
Capitol Federal Financial Inc.
|
60,294
|
717
|
|
Washington Federal Inc.
|
40,970
|
658
|
|
Northwest Bancshares Inc.
|
37,503
|
447
|
|
Astoria Financial Corp.
|
34,037
|
318
|
|
Provident Financial Services Inc.
|
20,623
|
299
|
|
* TFS Financial Corp.
|
35,220
|
290
|
|
* Nationstar Mortgage Holdings Inc.
|
8,056
|
247
|
|
ViewPoint Financial Group Inc.
|
11,951
|
244
|
|
Oritani Financial Corp.
|
15,603
|
228
|
|
Brookline Bancorp Inc.
|
26,660
|
226
|
|
Radian Group Inc.
|
50,977
|
223
|
|
Berkshire Hills Bancorp Inc.
|
9,499
|
219
|
|
Home Loan Servicing Solutions Ltd.
|
10,281
|
201
|
|
TrustCo Bank Corp. NY
|
35,563
|
187
|
|
Flushing Financial Corp.
|
11,140
|
167
|
|
EverBank Financial Corp.
|
11,084
|
164
|
|
Dime Community Bancshares Inc.
|
11,598
|
162
|
|
* Flagstar Bancorp Inc.
|
8,674
|
158
|
|
Rockville Financial Inc.
|
10,712
|
139
|
|
Provident New York Bancorp
|
15,313
|
139
|
|
* Walker & Dunlop Inc.
|
7,946
|
131
|
|
* MGIC Investment Corp.
|
73,906
|
129
|
|
* Beneficial Mutual Bancorp Inc.
|
13,636
|
128
|
|
United Financial Bancorp Inc.
|
7,347
|
114
|
|
WSFS Financial Corp.
|
2,622
|
114
|
|
* HomeStreet Inc.
|
4,182
|
103
|
|
Northfield Bancorp Inc.
|
6,118
|
93
|
|
OceanFirst Financial Corp.
|
5,808
|
80
|
|
Territorial Bancorp Inc.
|
3,487
|
79
|
|
Westfield Financial Inc.
|
9,209
|
64
|
|
* Doral Financial Corp.
|
46,984
|
32
|
|
Bank Mutual Corp.
|
5,255
|
22
|
|
|
|
13,393
|
|
Total Investments (100.0%) (Cost $1,068,184)
|
|
942,268
|
|
Other Assets and Liabilities-Net (0.0%)
|
|
(356)
|
|
Net Assets (100%)
|
|
941,912
|
Securities with a market value of less than $500 are displayed with a dash.
* Non-income-producing security.
REIT—Real Estate Investment Trust.
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.
Financials Index Fund
B.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $1,068,184,000. Net unrealized depreciation of investment securities for tax purposes was $125,916,000, consisting of unrealized gains of $58,845,000 on securities that had risen in value since their purchase and $184,761,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Health Care Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.8%)
|
|
|
|
Biotechnology (16.2%)
|
|
|
|
|
Amgen Inc.
|
471,562
|
41,875
|
|
*
|
Gilead Sciences Inc.
|
463,398
|
34,755
|
|
*
|
Celgene Corp.
|
263,928
|
20,742
|
|
*
|
Biogen Idec Inc.
|
137,303
|
20,470
|
|
*
|
Alexion Pharmaceuticals Inc.
|
118,089
|
11,339
|
|
*
|
Regeneron Pharmaceuticals Inc.
|
46,049
|
8,130
|
|
*
|
Vertex Pharmaceuticals Inc.
|
132,046
|
5,254
|
|
*
|
BioMarin Pharmaceutical Inc.
|
75,663
|
3,677
|
|
*
|
Onyx Pharmaceuticals Inc.
|
39,841
|
3,007
|
|
*
|
Medivation Inc.
|
45,146
|
2,354
|
|
*
|
Ariad Pharmaceuticals Inc.
|
101,760
|
2,275
|
|
*
|
Pharmacyclics Inc.
|
33,759
|
1,791
|
|
*
|
Cubist Pharmaceuticals Inc.
|
38,799
|
1,576
|
|
*
|
Seattle Genetics Inc.
|
61,003
|
1,544
|
|
*
|
United Therapeutics Corp.
|
28,417
|
1,493
|
|
*
|
Alkermes plc
|
75,380
|
1,456
|
|
*
|
Myriad Genetics Inc.
|
50,644
|
1,454
|
|
*
|
Cepheid Inc.
|
39,810
|
1,291
|
|
*
|
Incyte Corp. Ltd.
|
71,091
|
1,251
|
|
*
|
Arena Pharmaceuticals Inc.
|
132,658
|
1,175
|
|
*
|
Theravance Inc.
|
47,176
|
1,060
|
|
|
PDL BioPharma Inc.
|
86,222
|
681
|
|
*
|
Immunogen Inc.
|
51,409
|
652
|
|
*
|
Acorda Therapeutics Inc.
|
24,668
|
621
|
|
*
|
Exelixis Inc.
|
111,173
|
544
|
|
*
|
Isis Pharmaceuticals Inc.
|
58,294
|
536
|
|
*
|
NPS Pharmaceuticals Inc.
|
51,729
|
529
|
|
*
|
Affymax Inc.
|
21,332
|
521
|
|
*
|
Ironwood Pharmaceuticals Inc. Class A
|
46,964
|
507
|
|
*
|
Alnylam Pharmaceuticals Inc.
|
28,668
|
486
|
|
*,^
Spectrum Pharmaceuticals Inc.
|
36,430
|
431
|
|
*
|
Rigel Pharmaceuticals Inc.
|
51,653
|
429
|
|
*
|
Dendreon Corp.
|
92,274
|
411
|
|
*,^
Opko Health Inc.
|
91,862
|
402
|
|
*
|
Halozyme Therapeutics Inc.
|
59,560
|
371
|
|
*
|
Exact Sciences Corp.
|
37,566
|
368
|
|
*
|
InterMune Inc.
|
39,158
|
359
|
|
*
|
Synageva BioPharma Corp.
|
7,166
|
351
|
|
*
|
Infinity Pharmaceuticals Inc.
|
13,253
|
336
|
|
*
|
Merrimack Pharmaceuticals Inc.
|
46,142
|
329
|
|
*
|
Idenix Pharmaceuticals Inc.
|
58,807
|
301
|
|
*
|
Neurocrine Biosciences Inc.
|
39,789
|
298
|
|
*
|
Genomic Health Inc.
|
10,381
|
287
|
|
*
|
Dynavax Technologies Corp.
|
99,263
|
282
|
|
*
|
Momenta Pharmaceuticals Inc.
|
26,250
|
281
|
|
*
|
Lexicon Pharmaceuticals Inc.
|
140,025
|
241
|
|
*
|
Aegerion Pharmaceuticals Inc.
|
10,347
|
227
|
|
*
|
Emergent Biosolutions Inc.
|
15,038
|
226
|
|
*
|
Achillion Pharmaceuticals Inc.
|
27,321
|
213
|
|
|
|
|
|
* Protalix BioTherapeutics Inc.
|
37,812
|
210
|
|
* Ligand Pharmaceuticals Inc. Class B
|
10,579
|
209
|
|
* MannKind Corp.
|
94,730
|
203
|
|
* Orexigen Therapeutics Inc.
|
40,902
|
193
|
|
* Dyax Corp.
|
58,380
|
191
|
|
* ZIOPHARM Oncology Inc.
|
39,955
|
175
|
|
* Sangamo Biosciences Inc.
|
30,056
|
172
|
|
* Curis Inc.
|
46,454
|
156
|
|
* Enzon Pharmaceuticals Inc.
|
21,471
|
150
|
|
* Raptor Pharmaceutical Corp.
|
28,271
|
150
|
|
* Immunomedics Inc.
|
43,083
|
137
|
|
* Synergy Pharmaceuticals Inc.
|
24,519
|
136
|
|
* Novavax Inc.
|
72,476
|
135
|
|
* AMAG Pharmaceuticals Inc.
|
8,754
|
132
|
|
* PROLOR Biotech Inc.
|
27,117
|
128
|
|
* AVEO Pharmaceuticals Inc.
|
19,585
|
127
|
|
* Geron Corp.
|
78,956
|
113
|
|
* Threshold Pharmaceuticals Inc.
|
24,248
|
107
|
|
* Clovis Oncology Inc.
|
6,930
|
107
|
|
* BioMimetic Therapeutics Inc.
|
12,724
|
97
|
|
* NewLink Genetics Corp.
|
7,895
|
95
|
|
* Osiris Therapeutics Inc.
|
9,743
|
94
|
|
* Arqule Inc.
|
34,890
|
93
|
|
* Sunesis Pharmaceuticals Inc.
|
15,058
|
75
|
|
* Targacept Inc.
|
16,546
|
71
|
|
* Trius Therapeutics Inc.
|
13,489
|
65
|
|
* SIGA Technologies Inc.
|
22,706
|
61
|
|
* Progenics Pharmaceuticals Inc.
|
25,592
|
60
|
|
* Biotime Inc.
|
16,391
|
59
|
|
* TESARO Inc.
|
3,157
|
58
|
|
* Savient Pharmaceuticals Inc.
|
42,104
|
51
|
|
* Forest Laboratories Inc. Contingent Value Rights Exp. 04/14/2018
|
8,685
|
8
|
|
|
|
183,007
|
|
Health Care Equipment & Supplies (16.0%)
|
|
|
|
Medtronic Inc.
|
627,056
|
26,405
|
|
Baxter International Inc.
|
334,726
|
22,182
|
|
Covidien plc
|
293,662
|
17,065
|
|
* Intuitive Surgical Inc.
|
24,441
|
12,929
|
|
Stryker Corp.
|
186,490
|
10,100
|
|
Becton Dickinson and Co.
|
122,027
|
9,356
|
|
Zimmer Holdings Inc.
|
106,845
|
7,049
|
|
St. Jude Medical Inc.
|
191,703
|
6,572
|
|
* Edwards Lifesciences Corp.
|
70,813
|
6,145
|
|
* Boston Scientific Corp.
|
875,418
|
4,850
|
|
CR Bard Inc.
|
48,834
|
4,835
|
|
* Varian Medical Systems Inc.
|
68,224
|
4,718
|
|
* CareFusion Corp.
|
135,970
|
3,796
|
|
ResMed Inc.
|
87,531
|
3,597
|
|
DENTSPLY International Inc.
|
86,576
|
3,437
|
|
* IDEXX Laboratories Inc.
|
34,880
|
3,260
|
|
* Hologic Inc.
|
161,695
|
3,085
|
|
Cooper Cos. Inc.
|
29,131
|
2,766
|
|
* Sirona Dental Systems Inc.
|
33,927
|
2,124
|
|
Teleflex Inc.
|
24,866
|
1,721
|
|
* Thoratec Corp.
|
35,814
|
1,332
|
|
* Haemonetics Corp.
|
15,700
|
1,272
|
|
STERIS Corp.
|
33,453
|
1,143
|
|
|
|
|
|
West Pharmaceutical Services Inc.
|
20,782
|
1,123
|
|
* Align Technology Inc.
|
39,392
|
1,079
|
|
Hill-Rom Holdings Inc.
|
38,018
|
1,063
|
|
* Volcano Corp.
|
32,551
|
887
|
|
* Cyberonics Inc.
|
17,091
|
884
|
|
* Alere Inc.
|
46,848
|
867
|
|
Masimo Corp.
|
33,268
|
689
|
|
* Insulet Corp.
|
29,563
|
649
|
|
* Neogen Corp.
|
13,918
|
634
|
|
* HeartWare International Inc.
|
6,815
|
561
|
|
* ArthroCare Corp.
|
16,670
|
558
|
|
* DexCom Inc.
|
42,287
|
553
|
|
Analogic Corp.
|
7,403
|
545
|
|
Meridian Bioscience Inc.
|
24,832
|
497
|
|
* Abaxis Inc.
|
13,098
|
494
|
|
* Integra LifeSciences Holdings Corp.
|
12,721
|
493
|
|
CONMED Corp.
|
17,628
|
487
|
|
* ICU Medical Inc.
|
7,926
|
467
|
|
* Endologix Inc.
|
31,467
|
461
|
|
* Wright Medical Group Inc.
|
21,248
|
449
|
|
* Orthofix International NV
|
11,625
|
433
|
|
* Conceptus Inc.
|
18,799
|
391
|
|
* NuVasive Inc.
|
26,616
|
387
|
|
Cantel Medical Corp.
|
13,818
|
379
|
|
* NxStage Medical Inc.
|
31,517
|
379
|
|
* Merit Medical Systems Inc.
|
23,991
|
333
|
|
* Greatbatch Inc.
|
14,143
|
319
|
|
* Quidel Corp.
|
17,998
|
316
|
|
* ABIOMED Inc.
|
22,085
|
295
|
|
* MAKO Surgical Corp.
|
21,125
|
292
|
|
* Antares Pharma Inc.
|
66,596
|
266
|
|
* Accuray Inc.
|
40,512
|
254
|
|
* OraSure Technologies Inc.
|
32,575
|
251
|
|
Invacare Corp.
|
17,583
|
249
|
|
* Symmetry Medical Inc.
|
21,866
|
213
|
|
* Natus Medical Inc.
|
17,679
|
200
|
|
Atrion Corp.
|
967
|
191
|
|
* SurModics Inc.
|
8,896
|
179
|
|
* GenMark Diagnostics Inc.
|
18,023
|
179
|
|
* AngioDynamics Inc.
|
15,266
|
161
|
|
* RTI Biologics Inc.
|
31,784
|
142
|
|
* Navidea Biopharmaceuticals Inc.
|
50,788
|
138
|
|
* Tornier NV
|
8,202
|
133
|
|
Young Innovations Inc.
|
3,519
|
127
|
|
* Staar Surgical Co.
|
21,267
|
123
|
|
* Unilife Corp.
|
45,160
|
103
|
|
* Palomar Medical Technologies Inc.
|
11,220
|
102
|
|
* PhotoMedex Inc.
|
7,144
|
99
|
|
* Exactech Inc.
|
5,071
|
86
|
|
|
|
179,899
|
|
Health Care Providers & Services (17.4%)
|
|
|
|
UnitedHealth Group Inc.
|
631,788
|
34,363
|
|
* Express Scripts Holding Co.
|
496,099
|
26,715
|
|
McKesson Corp.
|
144,414
|
13,643
|
|
WellPoint Inc.
|
198,888
|
11,118
|
|
Cigna Corp.
|
176,412
|
9,221
|
|
Aetna Inc.
|
204,453
|
8,830
|
|
|
|
|
|
Cardinal Health Inc.
|
208,635
|
8,439
|
|
AmerisourceBergen Corp. Class A
|
154,965
|
6,543
|
|
* DaVita HealthCare Partners Inc.
|
60,459
|
6,530
|
|
Humana Inc.
|
98,929
|
6,471
|
|
Quest Diagnostics Inc.
|
97,239
|
5,618
|
|
* Laboratory Corp. of America Holdings
|
58,585
|
4,956
|
|
* Henry Schein Inc.
|
54,146
|
4,373
|
|
Coventry Health Care Inc.
|
81,835
|
3,575
|
|
HCA Holdings Inc.
|
107,454
|
3,412
|
|
* AMERIGROUP Corp.
|
30,185
|
2,772
|
|
Omnicare Inc.
|
69,371
|
2,514
|
|
Universal Health Services Inc. Class B
|
54,805
|
2,470
|
|
* MEDNAX Inc.
|
30,161
|
2,383
|
|
Patterson Cos. Inc.
|
54,479
|
1,858
|
|
* Tenet Healthcare Corp.
|
63,439
|
1,837
|
|
* Community Health Systems Inc.
|
56,487
|
1,664
|
|
* Brookdale Senior Living Inc. Class A
|
60,006
|
1,534
|
|
* Centene Corp.
|
31,678
|
1,391
|
|
* HealthSouth Corp.
|
58,820
|
1,293
|
|
* WellCare Health Plans Inc.
|
26,161
|
1,263
|
|
* Health Management Associates Inc. Class A
|
157,951
|
1,256
|
|
* HMS Holdings Corp.
|
52,971
|
1,227
|
|
* Health Net Inc.
|
50,680
|
1,193
|
|
* LifePoint Hospitals Inc.
|
30,036
|
1,081
|
|
Owens & Minor Inc.
|
38,949
|
1,066
|
|
* VCA Antech Inc.
|
50,680
|
1,053
|
|
* PSS World Medical Inc.
|
30,816
|
876
|
|
* Magellan Health Services Inc.
|
16,724
|
868
|
|
* Team Health Holdings Inc.
|
30,452
|
852
|
|
* MWI Veterinary Supply Inc.
|
7,330
|
818
|
|
Chemed Corp.
|
11,871
|
808
|
|
* Air Methods Corp.
|
7,077
|
773
|
|
* Amsurg Corp. Class A
|
19,761
|
554
|
|
* Molina Healthcare Inc.
|
18,797
|
523
|
|
* Sunrise Senior Living Inc.
|
36,073
|
521
|
|
* Hanger Inc.
|
19,423
|
507
|
|
* Bio-Reference Labs Inc.
|
15,176
|
400
|
|
* Emeritus Corp.
|
16,963
|
384
|
|
* IPC The Hospitalist Co. Inc.
|
9,935
|
375
|
|
* Kindred Healthcare Inc.
|
33,264
|
361
|
|
Landauer Inc.
|
5,687
|
339
|
|
* Acadia Healthcare Co. Inc.
|
13,432
|
308
|
|
* Capital Senior Living Corp.
|
17,236
|
307
|
|
* Select Medical Holdings Corp.
|
26,490
|
292
|
|
* BioScrip Inc.
|
27,836
|
287
|
|
* Accretive Health Inc.
|
23,600
|
281
|
|
* AMN Healthcare Services Inc.
|
24,842
|
271
|
|
Ensign Group Inc.
|
10,229
|
264
|
|
* PharMerica Corp.
|
17,738
|
256
|
|
National Healthcare Corp.
|
5,379
|
241
|
|
* Metropolitan Health Networks Inc.
|
21,052
|
237
|
|
* ExamWorks Group Inc.
|
18,436
|
227
|
|
* Healthways Inc.
|
19,757
|
214
|
|
* Triple-S Management Corp. Class B
|
11,719
|
204
|
|
* Vanguard Health Systems Inc.
|
18,368
|
194
|
|
Universal American Corp.
|
23,323
|
193
|
|
* Amedisys Inc.
|
18,104
|
189
|
|
|
|
|
|
* LHC Group Inc.
|
9,682
|
188
|
|
US Physical Therapy Inc.
|
6,878
|
184
|
|
* Gentiva Health Services Inc.
|
17,119
|
176
|
|
* Corvel Corp.
|
4,046
|
170
|
|
* Sun Healthcare Group Inc.
|
15,175
|
128
|
|
Assisted Living Concepts Inc. Class A
|
11,734
|
102
|
|
* Almost Family Inc.
|
5,019
|
100
|
|
* Skilled Healthcare Group Inc.
|
11,808
|
79
|
|
|
|
195,713
|
|
Health Care Technology (1.1%)
|
|
|
|
* Cerner Corp.
|
88,794
|
6,857
|
|
* athenahealth Inc.
|
21,979
|
1,400
|
|
* Allscripts Healthcare Solutions Inc.
|
99,537
|
1,107
|
|
* Medidata Solutions Inc.
|
14,771
|
591
|
|
Quality Systems Inc.
|
25,999
|
473
|
|
* MedAssets Inc.
|
28,931
|
466
|
|
* Omnicell Inc.
|
21,213
|
324
|
|
Computer Programs & Systems Inc.
|
6,235
|
312
|
|
* HealthStream Inc.
|
11,731
|
278
|
|
* Vocera Communications Inc.
|
8,300
|
204
|
|
* Greenway Medical Technologies
|
8,896
|
173
|
|
* Merge Healthcare Inc.
|
35,017
|
115
|
|
* Epocrates Inc.
|
10,738
|
108
|
|
|
|
12,408
|
|
Life Sciences Tools & Services (4.5%)
|
|
|
|
Thermo Fisher Scientific Inc.
|
223,583
|
14,209
|
|
Agilent Technologies Inc.
|
212,406
|
8,133
|
|
* Life Technologies Corp.
|
107,170
|
5,289
|
|
* Waters Corp.
|
53,625
|
4,534
|
|
* Illumina Inc.
|
75,382
|
4,049
|
|
* Mettler-Toledo International Inc.
|
18,954
|
3,546
|
|
PerkinElmer Inc.
|
69,796
|
2,209
|
|
* Covance Inc.
|
33,839
|
1,929
|
|
Techne Corp.
|
21,343
|
1,513
|
|
* Bio-Rad Laboratories Inc. Class A
|
12,029
|
1,257
|
|
* PAREXEL International Corp.
|
36,531
|
1,180
|
|
* Charles River Laboratories International Inc.
|
29,955
|
1,149
|
|
* Bruker Corp.
|
56,449
|
824
|
|
* Luminex Corp.
|
22,616
|
390
|
|
* Sequenom Inc.
|
72,306
|
352
|
|
* Fluidigm Corp.
|
12,439
|
177
|
|
* Affymetrix Inc.
|
38,826
|
129
|
|
* Complete Genomics Inc.
|
8,861
|
28
|
|
* Pacific Biosciences of California Inc.
|
1,000
|
2
|
|
|
|
50,899
|
|
Pharmaceuticals (44.6%)
|
|
|
|
Johnson & Johnson
|
1,686,808
|
117,621
|
|
Pfizer Inc.
|
4,569,861
|
114,338
|
|
Merck & Co. Inc.
|
1,863,368
|
82,547
|
|
Abbott Laboratories
|
960,099
|
62,406
|
|
Bristol-Myers Squibb Co.
|
1,027,140
|
33,516
|
|
Eli Lilly & Co.
|
639,120
|
31,342
|
|
Allergan Inc.
|
188,132
|
17,449
|
|
* Watson Pharmaceuticals Inc.
|
77,964
|
6,862
|
|
* Mylan Inc.
|
248,277
|
6,748
|
|
* Forest Laboratories Inc.
|
162,799
|
5,773
|
|
|
|
|
|
|
|
|
Perrigo Co.
|
|
54,282
|
5,618
|
|
*
|
Hospira Inc.
|
|
100,930
|
3,008
|
|
*
|
Endo Health Solutions Inc.
|
|
71,629
|
2,053
|
|
|
Medicis Pharmaceutical Corp. Class A
|
|
36,578
|
1,582
|
|
*
|
Salix Pharmaceuticals Ltd.
|
|
36,018
|
1,543
|
|
|
Warner Chilcott plc Class A
|
|
130,021
|
1,516
|
|
*
|
Jazz Pharmaceuticals plc
|
|
20,796
|
1,120
|
|
*
|
ViroPharma Inc.
|
|
42,494
|
1,053
|
|
|
Questcor Pharmaceuticals Inc.
|
|
37,018
|
961
|
|
*
|
Impax Laboratories Inc.
|
|
38,943
|
792
|
|
*
|
Medicines Co.
|
|
33,483
|
719
|
|
*
|
Vivus Inc.
|
|
61,024
|
690
|
|
*
|
Auxilium Pharmaceuticals Inc.
|
|
30,135
|
577
|
|
*
|
Akorn Inc.
|
|
41,413
|
559
|
|
*
|
Nektar Therapeutics
|
|
70,420
|
460
|
|
*
|
Santarus Inc.
|
|
31,219
|
311
|
|
*
|
Optimer Pharmaceuticals Inc.
|
|
26,717
|
272
|
|
*
|
MAP Pharmaceuticals Inc.
|
|
16,563
|
264
|
|
*
|
Depomed Inc.
|
|
32,983
|
199
|
|
*
|
XenoPort Inc.
|
|
24,918
|
196
|
|
*
|
AVANIR Pharmaceuticals Inc.
|
|
71,873
|
190
|
|
*
|
Hi-Tech Pharmacal Co. Inc.
|
|
6,202
|
187
|
|
*
|
Obagi Medical Products Inc.
|
|
11,243
|
154
|
|
*
|
Endocyte Inc.
|
|
15,861
|
149
|
|
*
|
Cadence Pharmaceuticals Inc.
|
|
34,462
|
147
|
|
*
|
Sciclone Pharmaceuticals Inc.
|
|
27,453
|
120
|
|
*
|
Pozen Inc.
|
|
15,995
|
89
|
|
*
|
Sagent Pharmaceuticals Inc.
|
|
5,673
|
84
|
|
*
|
Pain Therapeutics Inc.
|
|
22,282
|
71
|
|
*
|
Ampio Pharmaceuticals Inc.
|
|
17,458
|
65
|
|
*
|
Corcept Therapeutics Inc.
|
|
38,435
|
55
|
|
*
|
Supernus Pharmaceuticals Inc.
|
|
2,994
|
24
|
|
*
|
Alimera Sciences Inc.
|
|
1,878
|
4
|
|
|
|
|
|
503,434
|
|
Total Common Stocks (Cost $1,014,312)
|
|
|
1,125,360
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.0%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost $391)
|
0.167%
|
390,702
|
391
|
|
Total Investments (99.8%) (Cost $1,014,703)
|
|
|
1,125,751
|
|
Other Assets and Liabilities-Net (0.2%)
2
|
|
|
1,728
|
|
Net Assets (100%)
|
|
|
1,127,479
|
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $354,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $391,000 of collateral received for securities on loan.
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
Health Care Index Fund
trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
The following table summarizes the market value of the fund's investments as of November 30, 2012, based on the inputs used to value them:
|
|
|
|
|
|
|
Level 1
|
Level 2
|
Level 3
|
|
Investments
|
($000)
|
($000)
|
($000)
|
|
Common Stocks
|
1,125,352
|
—
|
8
|
|
Temporary Cash Investments
|
391
|
—
|
—
|
|
Total
|
1,125,743
|
—
|
8
|
C.
At November 30, 2012, the cost of investment securities for tax purposes was $1,014,703,000. Net unrealized appreciation of investment securities for tax purposes was $111,048,000, consisting of unrealized gains of $151,108,000 on securities that had risen in value since their purchase and $40,060,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Industrials Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.3%)
|
|
|
|
Aerospace & Defense (20.0%)
|
|
|
|
|
United Technologies Corp.
|
271,350
|
21,738
|
|
|
Boeing Co.
|
223,737
|
16,619
|
|
|
Honeywell International Inc.
|
232,299
|
14,247
|
|
|
Precision Castparts Corp.
|
45,533
|
8,350
|
|
|
Lockheed Martin Corp.
|
86,385
|
8,060
|
|
|
General Dynamics Corp.
|
93,936
|
6,247
|
|
|
Raytheon Co.
|
104,010
|
5,942
|
|
|
Northrop Grumman Corp.
|
73,571
|
4,907
|
|
|
Rockwell Collins Inc.
|
42,305
|
2,419
|
|
|
L-3 Communications Holdings Inc.
|
30,247
|
2,324
|
|
|
TransDigm Group Inc.
|
15,314
|
2,083
|
|
|
Textron Inc.
|
88,009
|
2,067
|
|
*
|
B/E Aerospace Inc.
|
32,570
|
1,543
|
|
|
Triumph Group Inc.
|
15,617
|
1,025
|
|
*
|
Hexcel Corp.
|
31,229
|
807
|
|
*
|
Teledyne Technologies Inc.
|
10,974
|
691
|
|
|
Exelis Inc.
|
58,720
|
664
|
|
|
Huntington Ingalls Industries Inc.
|
15,556
|
635
|
|
|
Alliant Techsystems Inc.
|
10,344
|
621
|
|
*
|
Esterline Technologies Corp.
|
9,640
|
589
|
|
*
|
Spirit Aerosystems Holdings Inc. Class A
|
37,350
|
588
|
|
*
|
Moog Inc. Class A
|
12,292
|
452
|
|
|
Curtiss-Wright Corp.
|
13,170
|
418
|
|
|
HEICO Corp. Class A
|
9,337
|
314
|
|
*
|
DigitalGlobe Inc.
|
11,738
|
293
|
|
*
|
Orbital Sciences Corp.
|
18,661
|
244
|
|
|
Cubic Corp.
|
4,978
|
244
|
|
|
HEICO Corp.
|
4,713
|
194
|
|
|
AAR Corp.
|
12,486
|
192
|
|
*
|
GeoEye Inc.
|
6,272
|
192
|
|
|
American Science & Engineering Inc.
|
2,789
|
178
|
|
*
|
Taser International Inc.
|
17,207
|
142
|
|
*
|
GenCorp Inc.
|
15,001
|
138
|
|
|
National Presto Industries Inc.
|
1,536
|
118
|
|
*
|
Aerovironment Inc.
|
5,670
|
116
|
|
*
|
Engility Holdings Inc.
|
5,072
|
93
|
|
*
|
KEYW Holding Corp.
|
6,616
|
85
|
|
*
|
Astronics Corp.
|
2,707
|
54
|
|
*
|
Ducommun Inc.
|
3,080
|
48
|
|
*
|
Astronics Corp. Class B
|
406
|
8
|
|
|
|
|
105,689
|
|
Air Freight & Logistics (6.1%)
|
|
|
|
|
United Parcel Service Inc. Class B
|
227,534
|
16,635
|
|
|
FedEx Corp.
|
93,462
|
8,368
|
|
|
CH Robinson Worldwide Inc.
|
50,585
|
3,123
|
|
|
Expeditors International of Washington Inc.
|
65,956
|
2,468
|
|
|
UTi Worldwide Inc.
|
32,472
|
459
|
|
*
|
Hub Group Inc. Class A
|
11,560
|
374
|
|
|
|
|
|
* Atlas Air Worldwide Holdings Inc.
|
8,305
|
359
|
|
Forward Air Corp.
|
9,164
|
305
|
|
* XPO Logistics Inc.
|
5,186
|
82
|
|
* Echo Global Logistics Inc.
|
4,357
|
77
|
|
* Air Transport Services Group Inc.
|
16,667
|
63
|
|
* Pacer International Inc.
|
10,725
|
37
|
|
|
|
32,350
|
|
Airlines (1.9%)
|
|
|
|
* Delta Air Lines Inc.
|
266,373
|
2,664
|
|
Southwest Airlines Co.
|
232,779
|
2,218
|
|
* United Continental Holdings Inc.
|
104,135
|
2,106
|
|
* Alaska Air Group Inc.
|
22,146
|
947
|
|
* US Airways Group Inc.
|
50,709
|
654
|
|
* JetBlue Airways Corp.
|
75,552
|
388
|
|
Allegiant Travel Co. Class A
|
4,804
|
356
|
|
* Spirit Airlines Inc.
|
19,263
|
323
|
|
SkyWest Inc.
|
16,052
|
186
|
|
* Hawaiian Holdings Inc.
|
15,406
|
96
|
|
* Republic Airways Holdings Inc.
|
13,971
|
81
|
|
|
|
10,019
|
|
Building Products (1.7%)
|
|
|
|
Masco Corp.
|
112,617
|
1,910
|
|
* Fortune Brands Home & Security Inc.
|
50,380
|
1,511
|
|
* Owens Corning
|
35,323
|
1,221
|
|
AO Smith Corp.
|
12,390
|
780
|
|
Lennox International Inc.
|
13,606
|
716
|
|
* USG Corp.
|
23,477
|
630
|
|
Armstrong World Industries Inc.
|
8,330
|
421
|
|
Simpson Manufacturing Co. Inc.
|
12,092
|
395
|
|
Quanex Building Products Corp.
|
11,498
|
240
|
|
Universal Forest Products Inc.
|
5,839
|
220
|
|
Apogee Enterprises Inc.
|
8,765
|
201
|
|
* Trex Co. Inc.
|
4,462
|
181
|
|
Griffon Corp.
|
16,286
|
169
|
|
* Gibraltar Industries Inc.
|
9,277
|
129
|
|
AAON Inc.
|
5,655
|
119
|
|
* American Woodmark Corp.
|
3,087
|
88
|
|
* Ameresco Inc. Class A
|
5,282
|
50
|
|
|
|
8,981
|
|
Commercial Services & Supplies (7.0%)
|
|
|
|
Waste Management Inc.
|
137,956
|
4,493
|
|
Tyco International Ltd.
|
144,063
|
4,087
|
|
ADT Corp.
|
72,500
|
3,328
|
|
Republic Services Inc. Class A
|
97,265
|
2,769
|
|
* Stericycle Inc.
|
26,832
|
2,508
|
|
Cintas Corp.
|
35,702
|
1,480
|
|
Iron Mountain Inc.
|
44,460
|
1,405
|
|
Waste Connections Inc.
|
36,640
|
1,206
|
|
Avery Dennison Corp.
|
31,851
|
1,065
|
|
Corrections Corp. of America
|
31,349
|
1,063
|
|
* Copart Inc.
|
33,774
|
1,020
|
|
* Clean Harbors Inc.
|
17,464
|
1,000
|
|
Covanta Holding Corp.
|
37,869
|
715
|
|
Pitney Bowes Inc.
|
62,808
|
703
|
|
Geo Group Inc.
|
19,215
|
542
|
|
RR Donnelley & Sons Co.
|
56,369
|
530
|
|
|
|
|
|
* Portfolio Recovery Associates Inc.
|
5,321
|
526
|
|
* Tetra Tech Inc.
|
19,978
|
515
|
|
Healthcare Services Group Inc.
|
19,998
|
470
|
|
Rollins Inc.
|
20,509
|
467
|
|
Deluxe Corp.
|
15,907
|
458
|
|
HNI Corp.
|
14,295
|
426
|
|
Brink's Co.
|
14,968
|
411
|
|
Herman Miller Inc.
|
18,173
|
384
|
|
Mine Safety Appliances Co.
|
9,854
|
381
|
|
United Stationers Inc.
|
12,144
|
373
|
|
UniFirst Corp.
|
4,728
|
334
|
|
ABM Industries Inc.
|
16,948
|
323
|
|
Steelcase Inc. Class A
|
25,152
|
293
|
|
Interface Inc. Class A
|
19,760
|
290
|
|
* Mobile Mini Inc.
|
12,189
|
243
|
|
* ACCO Brands Corp.
|
35,304
|
238
|
|
* KAR Auction Services Inc.
|
12,679
|
225
|
|
* Team Inc.
|
5,983
|
215
|
|
Knoll Inc.
|
14,948
|
215
|
|
McGrath RentCorp
|
7,379
|
207
|
|
G&K Services Inc. Class A
|
5,880
|
199
|
|
* Encore Capital Group Inc.
|
6,888
|
183
|
|
* Sykes Enterprises Inc.
|
12,197
|
179
|
|
* InnerWorkings Inc.
|
11,608
|
151
|
|
Viad Corp.
|
6,223
|
140
|
|
US Ecology Inc.
|
5,815
|
127
|
|
Ennis Inc.
|
8,102
|
123
|
|
Quad/Graphics Inc.
|
7,533
|
122
|
|
* Standard Parking Corp.
|
4,889
|
109
|
|
Kimball International Inc. Class B
|
8,320
|
104
|
|
* Consolidated Graphics Inc.
|
2,828
|
96
|
|
* EnergySolutions Inc.
|
25,992
|
85
|
|
Multi-Color Corp.
|
3,690
|
83
|
|
* EnerNOC Inc.
|
7,227
|
82
|
|
Schawk Inc. Class A
|
4,686
|
56
|
|
* TMS International Corp. Class A
|
4,501
|
50
|
|
* Swisher Hygiene Inc.
|
34,488
|
49
|
|
* Cenveo Inc.
|
17,153
|
40
|
|
* American Reprographics Co.
|
12,063
|
30
|
|
* Metalico Inc.
|
12,967
|
22
|
|
|
|
36,938
|
|
Construction & Engineering (2.6%)
|
|
|
|
Fluor Corp.
|
52,306
|
2,776
|
|
* Quanta Services Inc.
|
65,590
|
1,696
|
|
* Jacobs Engineering Group Inc.
|
40,660
|
1,665
|
|
KBR Inc.
|
46,291
|
1,287
|
|
* Shaw Group Inc.
|
20,647
|
928
|
|
URS Corp.
|
24,014
|
905
|
|
* Foster Wheeler AG
|
33,878
|
761
|
|
* AECOM Technology Corp.
|
31,929
|
721
|
|
EMCOR Group Inc.
|
20,820
|
684
|
|
* MasTec Inc.
|
17,778
|
406
|
|
Granite Construction Inc.
|
11,550
|
353
|
|
* Aegion Corp. Class A
|
12,290
|
253
|
|
* Dycom Industries Inc.
|
10,620
|
191
|
|
Great Lakes Dredge & Dock Corp.
|
17,667
|
156
|
|
* Tutor Perini Corp.
|
11,298
|
145
|
|
|
|
|
|
* Layne Christensen Co.
|
6,225
|
143
|
|
* MYR Group Inc.
|
6,414
|
138
|
|
Primoris Services Corp.
|
8,772
|
127
|
|
Comfort Systems USA Inc.
|
11,532
|
125
|
|
* Pike Electric Corp.
|
6,402
|
63
|
|
* Northwest Pipe Co.
|
2,840
|
59
|
|
* Orion Marine Group Inc.
|
8,207
|
58
|
|
Michael Baker Corp.
|
2,748
|
53
|
|
* Furmanite Corp.
|
11,394
|
51
|
|
* Sterling Construction Co. Inc.
|
4,772
|
44
|
|
|
|
13,788
|
|
Electrical Equipment (7.7%)
|
|
|
|
Emerson Electric Co.
|
227,846
|
11,445
|
|
Eaton Corp.
|
100,625
|
5,249
|
|
Cooper Industries plc
|
57,421
|
4,278
|
|
Rockwell Automation Inc.
|
44,217
|
3,504
|
|
Roper Industries Inc.
|
30,641
|
3,417
|
|
AMETEK Inc.
|
75,979
|
2,836
|
|
Hubbell Inc. Class B
|
16,373
|
1,380
|
|
Acuity Brands Inc.
|
13,229
|
875
|
|
Regal-Beloit Corp.
|
12,419
|
866
|
|
* Sensata Technologies Holding NV
|
27,778
|
857
|
|
Babcock & Wilcox Co.
|
33,476
|
843
|
|
* Polypore International Inc.
|
14,566
|
598
|
|
Belden Inc.
|
14,257
|
537
|
|
* EnerSys Inc.
|
15,099
|
526
|
|
Brady Corp. Class A
|
15,297
|
489
|
|
* General Cable Corp.
|
15,646
|
449
|
|
Franklin Electric Co. Inc.
|
6,182
|
368
|
|
* GrafTech International Ltd.
|
35,585
|
345
|
|
AZZ Inc.
|
7,957
|
303
|
|
Generac Holdings Inc.
|
9,234
|
301
|
|
* II-VI Inc.
|
16,594
|
284
|
|
* Thermon Group Holdings Inc.
|
7,659
|
190
|
|
Encore Wire Corp.
|
5,163
|
162
|
|
* Powell Industries Inc.
|
2,967
|
119
|
|
* Capstone Turbine Corp.
|
92,471
|
89
|
|
Global Power Equipment Group Inc.
|
5,325
|
80
|
|
Preformed Line Products Co.
|
726
|
41
|
|
* American Superconductor Corp.
|
12,656
|
35
|
|
* Vicor Corp.
|
6,381
|
34
|
|
|
|
40,500
|
|
Industrial Conglomerates (19.0%)
|
|
|
|
General Electric Co.
|
3,307,715
|
69,892
|
|
3M Co.
|
205,738
|
18,712
|
|
Danaher Corp.
|
185,156
|
9,993
|
|
Carlisle Cos. Inc.
|
19,645
|
1,113
|
|
Raven Industries Inc.
|
10,729
|
279
|
|
* Seaboard Corp.
|
112
|
264
|
|
Standex International Corp.
|
3,923
|
193
|
|
|
|
100,446
|
|
Machinery (20.2%)
|
|
|
|
Caterpillar Inc.
|
204,647
|
17,444
|
|
Deere & Co.
|
116,561
|
9,797
|
|
Illinois Tool Works Inc.
|
132,178
|
8,138
|
|
Cummins Inc.
|
56,667
|
5,562
|
|
|
|
|
|
Ingersoll-Rand plc
|
96,408
|
4,703
|
|
PACCAR Inc.
|
105,204
|
4,623
|
|
Parker Hannifin Corp.
|
46,816
|
3,846
|
|
Dover Corp.
|
57,267
|
3,642
|
|
Stanley Black & Decker Inc.
|
50,037
|
3,598
|
|
Pentair Ltd.
|
65,655
|
3,184
|
|
Flowserve Corp.
|
16,018
|
2,219
|
|
Pall Corp.
|
36,403
|
2,165
|
|
Joy Global Inc.
|
33,126
|
1,888
|
|
Xylem Inc.
|
58,141
|
1,517
|
|
Donaldson Co. Inc.
|
44,252
|
1,486
|
|
Snap-on Inc.
|
18,220
|
1,447
|
|
* AGCO Corp.
|
30,483
|
1,407
|
|
Wabtec Corp.
|
15,054
|
1,274
|
|
* WABCO Holdings Inc.
|
20,052
|
1,244
|
|
IDEX Corp.
|
26,242
|
1,180
|
|
Lincoln Electric Holdings Inc.
|
24,803
|
1,178
|
|
Timken Co.
|
25,952
|
1,169
|
|
Nordson Corp.
|
18,109
|
1,108
|
|
SPX Corp.
|
15,924
|
1,085
|
|
Gardner Denver Inc.
|
15,373
|
1,074
|
|
Valmont Industries Inc.
|
7,480
|
1,045
|
|
Kennametal Inc.
|
25,073
|
956
|
|
Graco Inc.
|
18,927
|
935
|
|
* Terex Corp.
|
34,610
|
837
|
|
Toro Co.
|
18,352
|
823
|
|
Trinity Industries Inc.
|
24,684
|
784
|
|
* Oshkosh Corp.
|
25,908
|
760
|
|
* Middleby Corp.
|
5,841
|
744
|
|
CLARCOR Inc.
|
15,710
|
729
|
|
Woodward Inc.
|
19,438
|
711
|
|
Robbins & Myers Inc.
|
11,850
|
704
|
|
* Colfax Corp.
|
17,698
|
690
|
|
Actuant Corp. Class A
|
21,624
|
622
|
|
ITT Corp.
|
27,394
|
613
|
|
Crane Co.
|
14,335
|
608
|
|
Manitowoc Co. Inc.
|
39,411
|
591
|
|
* Chart Industries Inc.
|
9,346
|
565
|
|
Harsco Corp.
|
25,303
|
510
|
|
Mueller Industries Inc.
|
9,029
|
431
|
|
* Navistar International Corp.
|
17,482
|
357
|
|
Watts Water Technologies Inc. Class A
|
8,241
|
337
|
|
* RBC Bearings Inc.
|
7,020
|
327
|
|
Lindsay Corp.
|
4,006
|
317
|
|
ESCO Technologies Inc.
|
8,403
|
308
|
|
Briggs & Stratton Corp.
|
15,083
|
306
|
|
Barnes Group Inc.
|
14,418
|
304
|
|
Titan International Inc.
|
14,045
|
286
|
|
* Trimas Corp.
|
11,024
|
286
|
|
Mueller Water Products Inc. Class A
|
48,973
|
273
|
|
* EnPro Industries Inc.
|
6,422
|
252
|
|
Kaydon Corp.
|
9,937
|
229
|
|
* Blount International Inc.
|
14,603
|
208
|
|
Sauer-Danfoss Inc.
|
3,814
|
200
|
|
Tennant Co.
|
5,234
|
200
|
|
Cascade Corp.
|
2,801
|
182
|
|
Albany International Corp.
|
8,449
|
182
|
|
|
|
|
|
CIRCOR International Inc.
|
4,885
|
177
|
|
Astec Industries Inc.
|
6,027
|
174
|
|
* Rexnord Corp.
|
8,020
|
171
|
|
* Wabash National Corp.
|
21,172
|
171
|
|
Sun Hydraulics Corp.
|
6,427
|
168
|
|
Altra Holdings Inc.
|
8,347
|
157
|
|
* Greenbrier Cos. Inc.
|
8,139
|
156
|
|
John Bean Technologies Corp.
|
9,039
|
147
|
|
* Proto Labs Inc.
|
3,775
|
138
|
|
LB Foster Co. Class A
|
3,067
|
127
|
|
Gorman-Rupp Co.
|
4,510
|
126
|
|
* Meritor Inc.
|
29,051
|
124
|
|
* Federal Signal Corp.
|
19,862
|
117
|
|
Douglas Dynamics Inc.
|
6,760
|
97
|
|
* American Railcar Industries Inc.
|
2,953
|
91
|
|
* Kadant Inc.
|
3,703
|
90
|
|
* Columbus McKinnon Corp.
|
5,709
|
85
|
|
FreightCar America Inc.
|
3,626
|
76
|
|
Hyster-Yale Materials Handling Inc.
|
1,822
|
76
|
|
Alamo Group Inc.
|
2,195
|
73
|
|
* Commercial Vehicle Group Inc.
|
7,904
|
63
|
|
Dynamic Materials Corp.
|
4,114
|
58
|
|
Ampco-Pittsburgh Corp.
|
2,378
|
45
|
|
Twin Disc Inc.
|
2,604
|
44
|
|
* PMFG Inc.
|
5,474
|
38
|
|
* Accuride Corp.
|
12,338
|
38
|
|
* Tecumseh Products Co. Class A
|
1,087
|
5
|
|
|
|
107,022
|
|
Marine (0.2%)
|
|
|
|
* Kirby Corp.
|
15,773
|
913
|
|
Matson Inc.
|
13,287
|
305
|
|
* Genco Shipping & Trading Ltd.
|
9,946
|
27
|
|
Baltic Trading Ltd.
|
1,095
|
3
|
|
* Eagle Bulk Shipping Inc.
|
25
|
—
|
|
|
|
1,248
|
|
Professional Services (2.9%)
|
|
|
|
* Verisk Analytics Inc. Class A
|
44,158
|
2,201
|
|
Equifax Inc.
|
37,596
|
1,926
|
|
* IHS Inc. Class A
|
17,520
|
1,614
|
|
Robert Half International Inc.
|
42,270
|
1,195
|
|
* Nielsen Holdings NV
|
39,510
|
1,119
|
|
Dun & Bradstreet Corp.
|
14,086
|
1,115
|
|
Towers Watson & Co. Class A
|
18,392
|
973
|
|
Manpower Inc.
|
24,997
|
961
|
|
* Advisory Board Co.
|
10,858
|
491
|
|
Corporate Executive Board Co.
|
10,447
|
447
|
|
* FTI Consulting Inc.
|
13,146
|
406
|
|
* Acacia Research Corp.
|
15,612
|
347
|
|
* On Assignment Inc.
|
13,990
|
279
|
|
* Huron Consulting Group Inc.
|
7,257
|
239
|
|
* Exponent Inc.
|
4,156
|
222
|
|
* Korn/Ferry International
|
15,177
|
219
|
|
Insperity Inc.
|
6,934
|
209
|
|
* TrueBlue Inc.
|
12,514
|
178
|
|
* Navigant Consulting Inc.
|
16,053
|
167
|
|
Resources Connection Inc.
|
13,185
|
153
|
|
|
|
|
|
* ICF International Inc.
|
6,200
|
134
|
|
Kelly Services Inc. Class A
|
9,107
|
124
|
|
* Kforce Inc.
|
9,305
|
120
|
|
* Mistras Group Inc.
|
5,371
|
117
|
|
* WageWorks Inc.
|
4,525
|
84
|
|
* CBIZ Inc.
|
13,206
|
77
|
|
CDI Corp.
|
4,310
|
71
|
|
Heidrick & Struggles International Inc.
|
4,938
|
65
|
|
* CRA International Inc.
|
3,287
|
58
|
|
* RPX Corp.
|
5,686
|
52
|
|
* Pendrell Corp.
|
31,677
|
35
|
|
* Dolan Co.
|
8,815
|
30
|
|
* Hill International Inc.
|
8,369
|
29
|
|
|
|
15,457
|
|
Road & Rail (8.1%)
|
|
|
|
Union Pacific Corp.
|
148,365
|
18,216
|
|
CSX Corp.
|
325,792
|
6,438
|
|
Norfolk Southern Corp.
|
100,094
|
6,044
|
|
Kansas City Southern
|
34,463
|
2,693
|
|
JB Hunt Transport Services Inc.
|
29,467
|
1,752
|
|
* Hertz Global Holdings Inc.
|
85,587
|
1,339
|
|
* Genesee & Wyoming Inc. Class A
|
13,844
|
1,010
|
|
Ryder System Inc.
|
16,031
|
755
|
|
Landstar System Inc.
|
14,700
|
743
|
|
* Old Dominion Freight Line Inc.
|
20,206
|
676
|
|
* Avis Budget Group Inc.
|
33,265
|
630
|
|
Con-way Inc.
|
17,555
|
493
|
|
Werner Enterprises Inc.
|
13,743
|
298
|
|
Amerco Inc.
|
2,443
|
293
|
|
Knight Transportation Inc.
|
18,656
|
280
|
|
* Swift Transportation Co.
|
26,964
|
228
|
|
Heartland Express Inc.
|
16,078
|
221
|
|
Celadon Group Inc.
|
7,146
|
123
|
|
* Saia Inc.
|
5,126
|
111
|
|
Marten Transport Ltd.
|
5,049
|
96
|
|
* Roadrunner Transportation Systems Inc.
|
4,296
|
77
|
|
* Zipcar Inc.
|
7,845
|
64
|
|
Arkansas Best Corp.
|
7,405
|
61
|
|
* Patriot Transportation Holding Inc.
|
1,858
|
48
|
|
* Quality Distribution Inc.
|
6,708
|
45
|
|
|
|
42,734
|
|
Trading Companies & Distributors (2.8%)
|
|
|
|
Fastenal Co.
|
88,136
|
3,685
|
|
WW Grainger Inc.
|
18,558
|
3,601
|
|
MSC Industrial Direct Co. Inc. Class A
|
14,717
|
1,069
|
|
* United Rentals Inc.
|
24,819
|
1,031
|
|
* WESCO International Inc.
|
13,663
|
883
|
|
Watsco Inc.
|
8,418
|
604
|
|
GATX Corp.
|
14,008
|
590
|
|
* Air Lease Corp.
|
23,245
|
517
|
|
Applied Industrial Technologies Inc.
|
11,864
|
475
|
|
* Beacon Roofing Supply Inc.
|
14,742
|
455
|
|
* MRC Global Inc.
|
12,143
|
340
|
|
TAL International Group Inc.
|
9,508
|
324
|
|
Kaman Corp.
|
7,414
|
269
|
|
Aircastle Ltd.
|
22,028
|
250
|
|
|
|
|
|
* Rush Enterprises Inc. Class A
|
8,826
|
169
|
|
* DXP Enterprises Inc.
|
3,074
|
148
|
|
H&E Equipment Services Inc.
|
9,486
|
148
|
|
* Titan Machinery Inc.
|
5,642
|
125
|
|
* CAI International Inc.
|
5,409
|
108
|
|
SeaCube Container Leasing Ltd.
|
3,384
|
62
|
|
Houston Wire & Cable Co.
|
5,164
|
58
|
|
* Edgen Group Inc.
|
4,794
|
33
|
|
|
|
14,944
|
|
Transportation Infrastructure (0.1%)
|
|
|
|
Macquarie Infrastructure Co. LLC
|
12,463
|
538
|
|
* Wesco Aircraft Holdings Inc.
|
6,931
|
88
|
|
|
|
626
|
|
Total Investments (100.3%) (Cost $539,381)
|
|
530,742
|
|
Other Assets and Liabilities-Net (-0.3%)
|
|
(1,556)
|
|
Net Assets (100%)
|
|
529,186
|
Securities with a market value of less than $500 are displayed with a dash.
* Non-income-producing security.
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.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $539,381,000. Net unrealized depreciation of investment securities for tax purposes was $8,639,000, consisting of unrealized gains of $44,300,000 on securities that had risen in value since their purchase and $52,939,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Information Technology Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.0%)
|
|
|
|
Communications Equipment (9.7%)
|
|
|
|
|
QUALCOMM Inc.
|
1,548,654
|
98,525
|
|
|
Cisco Systems Inc.
|
4,870,505
|
92,101
|
|
|
Motorola Solutions Inc.
|
234,246
|
12,755
|
|
*
|
Juniper Networks Inc.
|
478,857
|
8,610
|
|
*
|
F5 Networks Inc.
|
71,835
|
6,729
|
|
|
Harris Corp.
|
102,903
|
4,850
|
|
*
|
JDS Uniphase Corp.
|
210,859
|
2,558
|
|
*
|
Riverbed Technology Inc.
|
133,187
|
2,384
|
|
*
|
Brocade Communications Systems Inc.
|
390,440
|
2,218
|
|
*
|
Aruba Networks Inc.
|
102,166
|
1,990
|
|
*
|
Polycom Inc.
|
160,759
|
1,682
|
|
|
InterDigital Inc.
|
38,719
|
1,652
|
|
*
|
Arris Group Inc.
|
103,325
|
1,443
|
|
*
|
ViaSat Inc.
|
37,470
|
1,432
|
|
*
|
Ciena Corp.
|
90,683
|
1,349
|
|
|
Plantronics Inc.
|
38,358
|
1,290
|
|
*
|
NETGEAR Inc.
|
34,781
|
1,212
|
|
*
|
Finisar Corp.
|
83,489
|
1,133
|
|
|
Tellabs Inc.
|
318,229
|
1,133
|
|
*
|
EchoStar Corp. Class A
|
34,248
|
1,074
|
|
|
ADTRAN Inc.
|
54,474
|
1,070
|
|
*
|
Acme Packet Inc.
|
53,211
|
1,062
|
|
|
Loral Space & Communications Inc.
|
8,787
|
747
|
|
*
|
Palo Alto Networks Inc.
|
12,341
|
672
|
|
*
|
Ixia
|
39,253
|
590
|
|
*
|
Emulex Corp.
|
79,673
|
586
|
|
*
|
Infinera Corp.
|
100,796
|
562
|
|
*
|
Harmonic Inc.
|
108,051
|
495
|
|
|
Comtech Telecommunications Corp.
|
16,240
|
415
|
|
|
Black Box Corp.
|
15,330
|
378
|
|
*
|
Procera Networks Inc.
|
17,803
|
368
|
|
*
|
Sonus Networks Inc.
|
193,235
|
323
|
|
*
|
Extreme Networks
|
72,431
|
261
|
|
*
|
Oplink Communications Inc.
|
15,890
|
246
|
|
*
|
Digi International Inc.
|
23,273
|
227
|
|
*
|
Globecomm Systems Inc.
|
18,715
|
222
|
|
*
|
Symmetricom Inc.
|
37,313
|
222
|
|
*
|
Anaren Inc.
|
10,587
|
206
|
|
*
|
Calix Inc.
|
27,719
|
205
|
|
*
|
ShoreTel Inc.
|
39,272
|
170
|
|
*
|
Aviat Networks Inc.
|
55,220
|
152
|
|
|
Bel Fuse Inc. Class B
|
8,073
|
128
|
|
*
|
Oclaro Inc.
|
67,800
|
125
|
|
*
|
Mitel Networks Corp.
|
19,630
|
65
|
|
|
|
|
255,617
|
|
Computers & Peripherals (24.1%)
|
|
|
|
|
Apple Inc.
|
852,313
|
498,842
|
|
*
|
EMC Corp.
|
1,908,551
|
47,370
|
|
|
|
|
|
Hewlett-Packard Co.
|
1,793,196
|
23,294
|
|
Dell Inc.
|
1,340,825
|
12,926
|
|
* NetApp Inc.
|
330,332
|
10,475
|
|
* SanDisk Corp.
|
219,644
|
8,588
|
|
Seagate Technology plc
|
325,149
|
8,161
|
|
Western Digital Corp.
|
202,302
|
6,765
|
|
* NCR Corp.
|
144,942
|
3,468
|
|
* 3D Systems Corp.
|
45,174
|
2,020
|
|
Diebold Inc.
|
54,678
|
1,635
|
|
Lexmark International Inc. Class A
|
63,923
|
1,555
|
|
* Stratasys Inc.
|
19,371
|
1,452
|
|
* Fusion-io Inc.
|
46,942
|
1,095
|
|
* QLogic Corp.
|
85,683
|
812
|
|
* Synaptics Inc.
|
29,930
|
800
|
|
* Electronics for Imaging Inc.
|
42,505
|
780
|
|
* Cray Inc.
|
28,308
|
403
|
|
* Intermec Inc.
|
44,254
|
334
|
|
* Super Micro Computer Inc.
|
28,042
|
262
|
|
* Quantum Corp.
|
216,113
|
259
|
|
* Silicon Graphics International Corp.
|
29,559
|
248
|
|
* STEC Inc.
|
34,140
|
168
|
|
* Avid Technology Inc.
|
25,622
|
167
|
|
* Imation Corp.
|
26,698
|
114
|
|
* Intevac Inc.
|
21,127
|
100
|
|
|
|
632,093
|
|
Electronic Equipment, Instruments & Components (3.8%)
|
|
|
|
Corning Inc.
|
1,354,113
|
16,561
|
|
TE Connectivity Ltd.
|
388,990
|
13,689
|
|
Amphenol Corp. Class A
|
146,368
|
9,063
|
|
* Trimble Navigation Ltd.
|
114,452
|
6,368
|
|
* Avnet Inc.
|
128,506
|
3,764
|
|
* Arrow Electronics Inc.
|
98,868
|
3,684
|
|
* Flextronics International Ltd.
|
605,155
|
3,504
|
|
Jabil Circuit Inc.
|
168,179
|
3,195
|
|
FLIR Systems Inc.
|
137,285
|
2,801
|
|
* Ingram Micro Inc.
|
136,421
|
2,210
|
|
National Instruments Corp.
|
88,471
|
2,152
|
|
FEI Co.
|
32,931
|
1,812
|
|
* IPG Photonics Corp.
|
30,288
|
1,790
|
|
Molex Inc.
|
61,142
|
1,613
|
|
* Itron Inc.
|
35,919
|
1,573
|
|
Anixter International Inc.
|
25,755
|
1,573
|
|
* Tech Data Corp.
|
34,311
|
1,515
|
|
* Dolby Laboratories Inc. Class A
|
43,234
|
1,443
|
|
Molex Inc. Class A
|
66,407
|
1,442
|
|
Cognex Corp.
|
37,182
|
1,332
|
|
* Vishay Intertechnology Inc.
|
119,216
|
1,156
|
|
Littelfuse Inc.
|
19,759
|
1,140
|
|
* OSI Systems Inc.
|
17,241
|
1,056
|
|
* Coherent Inc.
|
21,702
|
1,004
|
|
* Universal Display Corp.
|
38,238
|
913
|
|
* Benchmark Electronics Inc.
|
50,941
|
792
|
|
* SYNNEX Corp.
|
23,868
|
788
|
|
* ScanSource Inc.
|
25,268
|
747
|
|
* Plexus Corp.
|
32,038
|
742
|
|
MTS Systems Corp.
|
14,790
|
715
|
|
* Sanmina-SCI Corp.
|
74,662
|
703
|
|
|
|
|
|
* Insight Enterprises Inc.
|
40,725
|
690
|
|
* Rogers Corp.
|
14,954
|
664
|
|
Badger Meter Inc.
|
12,460
|
561
|
|
* Rofin-Sinar Technologies Inc.
|
26,201
|
554
|
|
* FARO Technologies Inc.
|
15,557
|
549
|
|
AVX Corp.
|
46,728
|
477
|
|
Park Electrochemical Corp.
|
18,165
|
443
|
|
* TTM Technologies Inc.
|
48,858
|
441
|
|
* Newport Corp.
|
34,317
|
437
|
|
* Measurement Specialties Inc.
|
13,255
|
412
|
|
* RealD Inc.
|
37,738
|
398
|
|
* Power-One Inc.
|
95,394
|
396
|
|
Daktronics Inc.
|
33,885
|
354
|
|
* Checkpoint Systems Inc.
|
35,695
|
309
|
|
Methode Electronics Inc.
|
33,281
|
300
|
|
* InvenSense Inc.
|
29,859
|
300
|
|
Electro Scientific Industries Inc.
|
26,730
|
290
|
|
* DTS Inc.
|
17,388
|
266
|
|
Electro Rent Corp.
|
16,226
|
255
|
|
* Mercury Systems Inc.
|
28,663
|
252
|
|
* Fabrinet
|
19,903
|
247
|
|
CTS Corp.
|
27,680
|
245
|
|
* GSI Group Inc.
|
24,429
|
185
|
|
* Maxwell Technologies Inc.
|
25,143
|
182
|
|
* Kemet Corp.
|
39,665
|
175
|
|
* Multi-Fineline Electronix Inc.
|
8,352
|
143
|
|
* Agilysys Inc.
|
13,197
|
108
|
|
* Aeroflex Holding Corp.
|
14,637
|
95
|
|
* Echelon Corp.
|
30,960
|
93
|
|
|
|
100,661
|
|
Internet Software & Services (12.6%)
|
|
|
|
* Google Inc. Class A
|
238,190
|
166,345
|
|
* eBay Inc.
|
1,054,640
|
55,706
|
|
* Facebook Inc. Class A
|
870,477
|
24,373
|
|
* Yahoo! Inc.
|
1,023,354
|
19,208
|
|
* Equinix Inc.
|
43,733
|
8,124
|
|
* LinkedIn Corp. Class A
|
70,829
|
7,659
|
|
* Rackspace Hosting Inc.
|
98,761
|
6,826
|
|
* Akamai Technologies Inc.
|
161,208
|
5,903
|
|
* VeriSign Inc.
|
142,137
|
4,851
|
|
IAC/InterActiveCorp
|
74,137
|
3,496
|
|
* AOL Inc.
|
85,420
|
3,205
|
|
MercadoLibre Inc.
|
30,058
|
2,163
|
|
* CoStar Group Inc.
|
24,084
|
2,092
|
|
* ValueClick Inc.
|
64,775
|
1,222
|
|
j2 Global Inc.
|
39,406
|
1,192
|
|
* DealerTrack Holdings Inc.
|
38,820
|
1,044
|
|
* Liquidity Services Inc.
|
21,047
|
864
|
|
NIC Inc.
|
56,039
|
841
|
|
* VistaPrint NV
|
26,317
|
817
|
|
* Ancestry.com Inc.
|
25,355
|
801
|
|
* OpenTable Inc.
|
16,575
|
744
|
|
EarthLink Inc.
|
97,357
|
643
|
|
* Cornerstone OnDemand Inc.
|
22,868
|
641
|
|
* WebMD Health Corp.
|
45,377
|
638
|
|
* ExactTarget Inc.
|
30,032
|
619
|
|
* LivePerson Inc.
|
45,420
|
599
|
|
|
|
|
|
|
*
|
Monster Worldwide Inc.
|
107,055
|
582
|
|
*
|
Web.com Group Inc.
|
35,743
|
540
|
|
|
Blucora Inc.
|
34,992
|
516
|
|
|
United Online Inc.
|
83,458
|
477
|
|
*
|
Digital River Inc.
|
32,348
|
473
|
|
*
|
Bankrate Inc.
|
36,877
|
444
|
|
*
|
LogMeIn Inc.
|
19,271
|
412
|
|
*
|
comScore Inc.
|
28,618
|
381
|
|
*
|
Constant Contact Inc.
|
27,974
|
373
|
|
*
|
Dice Holdings Inc.
|
42,161
|
363
|
|
*
|
Bazaarvoice Inc.
|
34,540
|
338
|
|
*
|
Millennial Media Inc.
|
24,523
|
337
|
|
*
|
Stamps.com Inc.
|
12,919
|
328
|
|
*
|
Vocus Inc.
|
17,698
|
302
|
|
*
|
Perficient Inc.
|
27,318
|
298
|
|
*
|
Demandware Inc.
|
10,582
|
290
|
|
*
|
SciQuest Inc.
|
17,506
|
285
|
|
*
|
Internap Network Services Corp.
|
44,413
|
265
|
|
*
|
Angie's List Inc.
|
23,091
|
257
|
|
*
|
Demand Media Inc.
|
26,540
|
236
|
|
*
|
Move Inc.
|
30,909
|
233
|
|
*
|
Envestnet Inc.
|
16,478
|
229
|
|
*
|
IntraLinks Holdings Inc.
|
34,633
|
228
|
|
*
|
Brightcove Inc.
|
21,133
|
205
|
|
|
Keynote Systems Inc.
|
14,149
|
193
|
|
*
|
Saba Software Inc.
|
24,379
|
191
|
|
*
|
Active Network Inc.
|
33,934
|
182
|
|
*
|
XO Group Inc.
|
22,306
|
176
|
|
*
|
QuinStreet Inc.
|
28,108
|
176
|
|
*
|
RealNetworks Inc.
|
20,202
|
147
|
|
*
|
Yelp Inc.
|
7,127
|
135
|
|
*
|
Travelzoo Inc.
|
7,080
|
124
|
|
*
|
Limelight Networks Inc.
|
58,708
|
114
|
|
*
|
Responsys Inc.
|
14,929
|
97
|
|
|
Marchex Inc. Class B
|
20,058
|
83
|
|
*
|
TechTarget Inc.
|
13,714
|
74
|
|
*
|
Carbonite Inc.
|
6,723
|
64
|
|
*,^
KIT Digital Inc.
|
38,615
|
29
|
|
|
|
|
330,793
|
|
IT Services (19.0%)
|
|
|
|
|
International Business Machines Corp.
|
987,079
|
187,614
|
|
|
Visa Inc. Class A
|
479,556
|
71,794
|
|
|
Mastercard Inc. Class A
|
97,950
|
47,866
|
|
|
Accenture plc Class A
|
577,294
|
39,210
|
|
|
Automatic Data Processing Inc.
|
440,521
|
25,004
|
|
*
|
Cognizant Technology Solutions Corp. Class A
|
271,440
|
18,249
|
|
|
Paychex Inc.
|
296,879
|
9,660
|
|
*
|
Fiserv Inc.
|
123,372
|
9,498
|
|
*
|
Teradata Corp.
|
153,306
|
9,119
|
|
|
Fidelity National Information Services Inc.
|
214,276
|
7,735
|
|
|
Western Union Co.
|
547,745
|
6,907
|
|
*
|
Alliance Data Systems Corp.
|
45,322
|
6,458
|
|
|
Computer Sciences Corp.
|
141,101
|
5,370
|
|
*
|
Gartner Inc.
|
84,870
|
4,064
|
|
|
Total System Services Inc.
|
145,329
|
3,190
|
|
|
Global Payments Inc.
|
71,794
|
3,153
|
|
*
|
VeriFone Systems Inc.
|
98,250
|
2,986
|
|
|
|
|
|
Jack Henry & Associates Inc.
|
74,392
|
2,892
|
|
SAIC Inc.
|
248,381
|
2,864
|
|
Broadridge Financial Solutions Inc.
|
113,412
|
2,678
|
|
* FleetCor Technologies Inc.
|
51,209
|
2,673
|
|
* NeuStar Inc. Class A
|
60,326
|
2,425
|
|
* WEX Inc.
|
33,340
|
2,399
|
|
* CoreLogic Inc.
|
76,606
|
1,980
|
|
MAXIMUS Inc.
|
31,051
|
1,956
|
|
Lender Processing Services Inc.
|
77,272
|
1,920
|
|
DST Systems Inc.
|
30,864
|
1,779
|
|
Convergys Corp.
|
102,172
|
1,595
|
|
* Acxiom Corp.
|
68,183
|
1,206
|
|
* Sapient Corp.
|
100,047
|
1,060
|
|
Heartland Payment Systems Inc.
|
35,486
|
1,051
|
|
* CACI International Inc. Class A
|
19,540
|
999
|
|
* Vantiv Inc. Class A
|
44,621
|
967
|
|
* Euronet Worldwide Inc.
|
41,867
|
932
|
|
Syntel Inc.
|
15,346
|
923
|
|
* Cardtronics Inc.
|
38,344
|
880
|
|
* Unisys Corp.
|
38,209
|
660
|
|
* ExlService Holdings Inc.
|
22,011
|
591
|
|
* CSG Systems International Inc.
|
30,401
|
565
|
|
Mantech International Corp. Class A
|
21,777
|
544
|
|
* Global Cash Access Holdings Inc.
|
57,543
|
453
|
|
* iGATE Corp.
|
28,849
|
432
|
|
Booz Allen Hamilton Holding Corp.
|
29,552
|
414
|
|
Forrester Research Inc.
|
14,597
|
409
|
|
Cass Information Systems Inc.
|
8,180
|
384
|
|
* TeleTech Holdings Inc.
|
22,079
|
376
|
|
* TNS Inc.
|
22,001
|
321
|
|
* Virtusa Corp.
|
17,145
|
269
|
|
* Higher One Holdings Inc.
|
24,968
|
221
|
|
* ServiceSource International Inc.
|
36,523
|
187
|
|
* MoneyGram International Inc.
|
15,580
|
187
|
|
* CIBER Inc.
|
61,413
|
187
|
|
* EPAM Systems Inc.
|
7,782
|
160
|
|
* ModusLink Global Solutions Inc.
|
37,931
|
126
|
|
|
|
497,542
|
|
Office Electronics (0.4%)
|
|
|
|
Xerox Corp.
|
1,188,696
|
8,095
|
|
* Zebra Technologies Corp.
|
46,864
|
1,825
|
|
|
|
9,920
|
|
Semiconductors & Semiconductor Equipment (11.2%)
|
|
|
|
Intel Corp.
|
4,548,736
|
89,019
|
|
Texas Instruments Inc.
|
1,034,620
|
30,490
|
|
Broadcom Corp. Class A
|
461,083
|
14,930
|
|
Applied Materials Inc.
|
1,125,313
|
12,075
|
|
Analog Devices Inc.
|
271,822
|
11,036
|
|
Altera Corp.
|
290,912
|
9,423
|
|
Xilinx Inc.
|
238,327
|
8,258
|
|
Maxim Integrated Products Inc.
|
265,331
|
7,745
|
|
Avago Technologies Ltd.
|
211,373
|
7,419
|
|
Linear Technology Corp.
|
209,317
|
6,947
|
|
KLA-Tencor Corp.
|
151,366
|
6,883
|
|
NVIDIA Corp.
|
563,277
|
6,748
|
|
* Lam Research Corp.
|
165,761
|
5,822
|
|
|
|
|
|
|
*
|
Micron Technology Inc.
|
925,422
|
5,534
|
|
|
Microchip Technology Inc.
|
176,094
|
5,357
|
|
*
|
Skyworks Solutions Inc.
|
173,139
|
3,922
|
|
|
Marvell Technology Group Ltd.
|
435,032
|
3,689
|
|
*
|
LSI Corp.
|
507,042
|
3,417
|
|
*
|
Cree Inc.
|
100,088
|
3,234
|
|
*
|
ON Semiconductor Corp.
|
414,562
|
2,749
|
|
*
|
Teradyne Inc.
|
170,462
|
2,666
|
|
*
|
Cymer Inc.
|
26,922
|
2,361
|
|
*
|
Atmel Corp.
|
400,207
|
2,237
|
|
*
|
Cirrus Logic Inc.
|
58,965
|
1,847
|
|
*
|
Semtech Corp.
|
59,906
|
1,638
|
|
*
|
Cavium Inc.
|
45,462
|
1,602
|
|
*
|
Hittite Microwave Corp.
|
25,930
|
1,573
|
|
*
|
Microsemi Corp.
|
81,241
|
1,555
|
|
*
|
Fairchild Semiconductor International Inc. Class A
|
114,918
|
1,533
|
|
*
|
Silicon Laboratories Inc.
|
36,084
|
1,509
|
|
*,^
First Solar Inc.
|
55,570
|
1,500
|
|
|
Cypress Semiconductor Corp.
|
128,291
|
1,302
|
|
*
|
Advanced Micro Devices Inc.
|
544,974
|
1,199
|
|
|
MKS Instruments Inc.
|
48,062
|
1,165
|
|
*
|
Entegris Inc.
|
125,515
|
1,125
|
|
*
|
RF Micro Devices Inc.
|
250,948
|
1,084
|
|
*
|
International Rectifier Corp.
|
63,290
|
1,081
|
|
*
|
Veeco Instruments Inc.
|
35,543
|
1,012
|
|
*
|
PMC - Sierra Inc.
|
189,524
|
976
|
|
|
Intersil Corp. Class A
|
116,634
|
832
|
|
*
|
Integrated Device Technology Inc.
|
130,221
|
816
|
|
|
Power Integrations Inc.
|
25,976
|
808
|
|
*
|
Ultratech Inc.
|
24,071
|
790
|
|
|
Tessera Technologies Inc.
|
47,522
|
772
|
|
*
|
TriQuint Semiconductor Inc.
|
148,905
|
753
|
|
*
|
OmniVision Technologies Inc.
|
47,988
|
725
|
|
*
|
Kulicke & Soffa Industries Inc.
|
61,169
|
699
|
|
|
Cabot Microelectronics Corp.
|
21,053
|
687
|
|
*
|
Spansion Inc. Class A
|
54,818
|
642
|
|
*
|
MEMC Electronic Materials Inc.
|
211,945
|
621
|
|
*
|
Monolithic Power Systems Inc.
|
28,639
|
606
|
|
*
|
ATMI Inc.
|
29,327
|
584
|
|
*
|
Diodes Inc.
|
33,522
|
507
|
|
|
Brooks Automation Inc.
|
60,859
|
469
|
|
|
Micrel Inc.
|
46,901
|
451
|
|
*
|
Rambus Inc.
|
91,442
|
447
|
|
*
|
Lattice Semiconductor Corp.
|
108,483
|
430
|
|
*
|
Freescale Semiconductor Ltd.
|
45,368
|
420
|
|
*
|
Advanced Energy Industries Inc.
|
32,571
|
417
|
|
*
|
Volterra Semiconductor Corp.
|
23,359
|
410
|
|
*
|
Entropic Communications Inc.
|
76,926
|
399
|
|
*
|
Applied Micro Circuits Corp.
|
55,870
|
382
|
|
*
|
GT Advanced Technologies Inc.
|
108,741
|
366
|
|
*
|
Silicon Image Inc.
|
75,070
|
350
|
|
*
|
Amkor Technology Inc.
|
77,868
|
331
|
|
*
|
MIPS Technologies Inc. Class A
|
43,522
|
328
|
|
*
|
Rudolph Technologies Inc.
|
28,753
|
318
|
|
*
|
Ceva Inc.
|
20,899
|
316
|
|
*
|
Nanometrics Inc.
|
20,616
|
298
|
|
*
|
Photronics Inc.
|
55,743
|
287
|
|
|
|
|
|
* Exar Corp.
|
34,349
|
282
|
|
* Magnachip Semiconductor Corp.
|
20,484
|
258
|
|
* LTX-Credence Corp.
|
45,253
|
257
|
|
Cohu Inc.
|
20,800
|
202
|
|
* NVE Corp.
|
3,783
|
201
|
|
* FormFactor Inc.
|
44,097
|
195
|
|
* Kopin Corp.
|
58,432
|
188
|
|
IXYS Corp.
|
23,135
|
187
|
|
* SunPower Corp. Class A
|
37,066
|
170
|
|
* Sigma Designs Inc.
|
29,136
|
168
|
|
* Supertex Inc.
|
9,107
|
166
|
|
* Pericom Semiconductor Corp.
|
21,431
|
161
|
|
* Alpha & Omega Semiconductor Ltd.
|
16,255
|
141
|
|
* M/A-COM Technology Solutions Holdings Inc.
|
9,794
|
138
|
|
* Inphi Corp.
|
16,578
|
129
|
|
* MaxLinear Inc.
|
20,234
|
109
|
|
* Rubicon Technology Inc.
|
15,931
|
102
|
|
* Intermolecular Inc.
|
9,357
|
65
|
|
* STR Holdings Inc.
|
17,691
|
42
|
|
* ANADIGICS Inc.
|
7,181
|
13
|
|
|
|
293,097
|
|
Software (19.2%)
|
|
|
|
Microsoft Corp.
|
6,860,144
|
182,617
|
|
Oracle Corp.
|
3,551,397
|
114,000
|
|
* Salesforce.com Inc.
|
119,851
|
18,897
|
|
* Adobe Systems Inc.
|
447,150
|
15,476
|
|
Intuit Inc.
|
253,631
|
15,195
|
|
* Symantec Corp.
|
638,335
|
11,975
|
|
* Citrix Systems Inc.
|
170,128
|
10,405
|
|
* Red Hat Inc.
|
175,525
|
8,671
|
|
* Autodesk Inc.
|
206,143
|
6,830
|
|
* VMware Inc. Class A
|
74,716
|
6,795
|
|
CA Inc.
|
298,568
|
6,616
|
|
* BMC Software Inc.
|
144,994
|
5,939
|
|
* ANSYS Inc.
|
83,950
|
5,568
|
|
* Nuance Communications Inc.
|
223,930
|
4,980
|
|
Activision Blizzard Inc.
|
404,076
|
4,623
|
|
* Synopsys Inc.
|
135,694
|
4,451
|
|
* Electronic Arts Inc.
|
289,269
|
4,284
|
|
* TIBCO Software Inc.
|
147,353
|
3,691
|
|
FactSet Research Systems Inc.
|
38,387
|
3,547
|
|
Solera Holdings Inc.
|
63,468
|
3,285
|
|
* Cadence Design Systems Inc.
|
250,677
|
3,191
|
|
* MICROS Systems Inc.
|
72,852
|
3,166
|
|
* SolarWinds Inc.
|
53,885
|
3,019
|
|
* Concur Technologies Inc.
|
42,525
|
2,794
|
|
* Informatica Corp.
|
98,866
|
2,657
|
|
* CommVault Systems Inc.
|
38,773
|
2,573
|
|
* Fortinet Inc.
|
114,956
|
2,297
|
|
* Aspen Technology Inc.
|
84,576
|
2,198
|
|
* Parametric Technology Corp.
|
108,112
|
2,188
|
|
* Ultimate Software Group Inc.
|
23,142
|
2,187
|
|
* Compuware Corp.
|
195,990
|
1,833
|
|
* JDA Software Group Inc.
|
38,897
|
1,737
|
|
* NetSuite Inc.
|
25,865
|
1,542
|
|
* ACI Worldwide Inc.
|
35,611
|
1,535
|
|
* Rovi Corp.
|
99,140
|
1,521
|
|
|
|
|
|
|
|
*
|
QLIK Technologies Inc.
|
|
70,263
|
1,362
|
|
*
|
Sourcefire Inc.
|
|
27,044
|
1,331
|
|
*
|
TiVo Inc.
|
|
112,887
|
1,321
|
|
|
Fair Isaac Corp.
|
|
30,732
|
1,316
|
|
*,^
VirnetX Holding Corp.
|
|
37,278
|
1,285
|
|
*
|
Mentor Graphics Corp.
|
|
84,537
|
1,262
|
|
*
|
Tyler Technologies Inc.
|
|
24,855
|
1,166
|
|
*
|
Progress Software Corp.
|
|
57,530
|
1,157
|
|
*
|
Splunk Inc.
|
|
38,214
|
1,154
|
|
*
|
Manhattan Associates Inc.
|
|
18,167
|
1,040
|
|
*
|
Guidewire Software Inc.
|
|
34,566
|
1,034
|
|
*
|
Kenexa Corp.
|
|
21,311
|
979
|
|
*
|
Zynga Inc. Class A
|
|
394,109
|
970
|
|
*
|
SS&C Technologies Holdings Inc.
|
|
39,499
|
932
|
|
|
Blackbaud Inc.
|
|
41,357
|
924
|
|
*
|
Take-Two Interactive Software Inc.
|
|
74,044
|
916
|
|
*
|
ServiceNow Inc.
|
|
27,657
|
902
|
|
*
|
Bottomline Technologies Inc.
|
|
33,647
|
825
|
|
*
|
Netscout Systems Inc.
|
|
32,563
|
818
|
|
*
|
Comverse Technology Inc.
|
|
200,189
|
713
|
|
*
|
MicroStrategy Inc. Class A
|
|
7,900
|
699
|
|
*
|
Advent Software Inc.
|
|
30,252
|
673
|
|
*
|
RealPage Inc.
|
|
33,701
|
667
|
|
*
|
BroadSoft Inc.
|
|
20,217
|
639
|
|
|
OPNET
|
|
14,513
|
603
|
|
*
|
Verint Systems Inc.
|
|
21,563
|
599
|
|
*
|
Comverse Inc.
|
|
20,118
|
579
|
|
|
Ebix Inc.
|
|
33,119
|
557
|
|
|
Monotype Imaging Holdings Inc.
|
|
33,662
|
515
|
|
*
|
Synchronoss Technologies Inc.
|
|
26,965
|
492
|
|
*
|
Infoblox Inc.
|
|
25,301
|
480
|
|
*
|
Websense Inc.
|
|
32,779
|
458
|
|
*
|
Interactive Intelligence Group Inc.
|
|
14,136
|
454
|
|
*
|
Ellie Mae Inc.
|
|
18,181
|
451
|
|
*
|
Accelrys Inc.
|
|
51,011
|
449
|
|
|
EPIQ Systems Inc.
|
|
29,858
|
358
|
|
*
|
PROS Holdings Inc.
|
|
18,893
|
335
|
|
*
|
Tangoe Inc.
|
|
25,178
|
328
|
|
|
Pegasystems Inc.
|
|
15,734
|
320
|
|
*
|
Net 1 UEPS Technologies Inc.
|
|
35,793
|
278
|
|
*
|
Seachange International Inc.
|
|
27,358
|
253
|
|
*
|
Jive Software Inc.
|
|
16,632
|
241
|
|
*
|
Actuate Corp.
|
|
41,569
|
222
|
|
*
|
VASCO Data Security International Inc.
|
|
27,521
|
207
|
|
*
|
Imperva Inc.
|
|
5,117
|
157
|
|
*
|
Rosetta Stone Inc.
|
|
11,583
|
148
|
|
*
|
Proofpoint Inc.
|
|
13,028
|
143
|
|
*
|
TeleNav Inc.
|
|
15,575
|
126
|
|
*
|
TeleCommunication Systems Inc. Class A
|
|
44,649
|
100
|
|
|
|
|
|
505,221
|
|
Total Common Stocks (Cost $2,268,619)
|
|
|
2,624,944
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.0%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost $839)
|
0.167%
|
839,402
|
839
|
|
|
|
|
Total Investments (100.0%) (Cost $2,269,458)
|
2,625,783
|
|
Other Assets and Liabilities-Net (0.0%)
2
|
259
|
|
Net Assets (100%)
|
2,626,042
|
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $786,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $839,000 of collateral received for securities on loan.
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.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $2,269,458,000. Net unrealized appreciation of investment securities for tax purposes was $356,325,000, consisting of unrealized gains of $555,400,000 on securities that had risen in value since their purchase and $199,075,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Materials Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (100.0%)
|
|
|
|
Chemicals (63.3%)
|
|
|
|
|
Monsanto Co.
|
718,116
|
65,772
|
|
|
EI du Pont de Nemours & Co.
|
1,253,586
|
54,080
|
|
|
Dow Chemical Co.
|
1,614,349
|
48,737
|
|
|
Praxair Inc.
|
401,798
|
43,077
|
|
|
Ecolab Inc.
|
394,203
|
28,414
|
|
|
PPG Industries Inc.
|
205,786
|
25,573
|
|
|
Air Products & Chemicals Inc.
|
285,257
|
23,659
|
|
|
Mosaic Co.
|
416,019
|
22,490
|
|
|
LyondellBasell Industries NV Class A
|
426,181
|
21,194
|
|
|
CF Industries Holdings Inc.
|
84,411
|
18,067
|
|
|
Sherwin-Williams Co.
|
117,772
|
17,963
|
|
|
Eastman Chemical Co.
|
205,992
|
12,535
|
|
|
Sigma-Aldrich Corp.
|
162,562
|
11,789
|
|
|
FMC Corp.
|
185,069
|
10,264
|
|
|
Celanese Corp. Class A
|
214,483
|
8,802
|
|
|
Airgas Inc.
|
88,163
|
7,809
|
|
|
Ashland Inc.
|
105,798
|
7,503
|
|
|
Valspar Corp.
|
116,596
|
7,320
|
|
|
Albemarle Corp.
|
120,614
|
7,212
|
|
|
International Flavors & Fragrances Inc.
|
109,850
|
7,144
|
|
*
|
WR Grace & Co.
|
95,767
|
6,270
|
|
|
RPM International Inc.
|
177,957
|
5,163
|
|
|
Rockwood Holdings Inc.
|
100,288
|
4,600
|
|
|
Huntsman Corp.
|
278,651
|
4,581
|
|
|
Cytec Industries Inc.
|
59,110
|
4,057
|
|
|
NewMarket Corp.
|
14,457
|
3,836
|
|
|
Cabot Corp.
|
85,190
|
3,214
|
|
*
|
Chemtura Corp.
|
133,074
|
2,704
|
|
|
Sensient Technologies Corp.
|
67,293
|
2,436
|
|
|
Scotts Miracle-Gro Co. Class A
|
57,699
|
2,392
|
|
|
PolyOne Corp.
|
113,260
|
2,281
|
|
|
Olin Corp.
|
107,804
|
2,235
|
|
|
HB Fuller Co.
|
67,228
|
2,208
|
|
|
Georgia Gulf Corp.
|
46,223
|
2,120
|
|
|
Westlake Chemical Corp.
|
26,975
|
1,953
|
|
|
Minerals Technologies Inc.
|
23,908
|
1,769
|
|
*
|
Intrepid Potash Inc.
|
76,267
|
1,623
|
|
|
Tronox Ltd. Class A
|
102,567
|
1,588
|
|
|
Balchem Corp.
|
39,531
|
1,413
|
|
|
Innophos Holdings Inc.
|
29,320
|
1,405
|
|
|
Stepan Co.
|
11,859
|
1,185
|
|
|
A Schulman Inc.
|
39,841
|
1,043
|
|
*
|
Calgon Carbon Corp.
|
76,510
|
1,036
|
|
*
|
Kraton Performance Polymers Inc.
|
43,357
|
1,018
|
|
|
American Vanguard Corp.
|
30,081
|
1,001
|
|
|
Koppers Holdings Inc.
|
28,032
|
992
|
|
*
|
Innospec Inc.
|
27,819
|
886
|
|
*
|
OM Group Inc.
|
43,685
|
872
|
|
*
|
TPC Group Inc.
|
18,025
|
866
|
|
|
|
|
|
* LSB Industries Inc.
|
25,628
|
857
|
|
Quaker Chemical Corp.
|
17,506
|
852
|
|
* Flotek Industries Inc.
|
63,296
|
731
|
|
Tredegar Corp.
|
30,527
|
575
|
|
Hawkins Inc.
|
12,697
|
508
|
|
Kronos Worldwide Inc.
|
31,360
|
505
|
|
* OMNOVA Solutions Inc.
|
58,821
|
436
|
|
* Ferro Corp.
|
111,120
|
319
|
|
Zep Inc.
|
25,136
|
312
|
|
* Zoltek Cos. Inc.
|
39,823
|
281
|
|
* Arabian American Development Co.
|
24,044
|
195
|
|
|
|
521,722
|
|
Construction Materials (2.4%)
|
|
|
|
Vulcan Materials Co.
|
174,459
|
9,218
|
|
Martin Marietta Materials Inc.
|
61,822
|
5,564
|
|
Eagle Materials Inc.
|
62,009
|
3,300
|
|
* Texas Industries Inc.
|
20,714
|
961
|
|
* Headwaters Inc.
|
82,366
|
626
|
|
* United States Lime & Minerals Inc.
|
2,722
|
120
|
|
|
|
19,789
|
|
Containers & Packaging (6.8%)
|
|
|
|
Ball Corp.
|
198,013
|
8,849
|
|
* Crown Holdings Inc.
|
201,066
|
7,510
|
|
Rock-Tenn Co. Class A
|
95,287
|
6,197
|
|
Packaging Corp. of America
|
132,143
|
4,815
|
|
Bemis Co. Inc.
|
138,984
|
4,670
|
|
Aptargroup Inc.
|
90,013
|
4,291
|
|
* Owens-Illinois Inc.
|
211,761
|
4,242
|
|
Sealed Air Corp.
|
248,631
|
4,182
|
|
Sonoco Products Co.
|
135,616
|
4,078
|
|
Silgan Holdings Inc.
|
70,410
|
3,132
|
|
Greif Inc. Class A
|
33,743
|
1,384
|
|
* Graphic Packaging Holding Co.
|
184,991
|
1,201
|
|
Boise Inc.
|
128,422
|
1,053
|
|
Myers Industries Inc.
|
36,114
|
537
|
|
|
|
56,141
|
|
Metals & Mining (22.0%)
|
|
|
|
Freeport-McMoRan Copper & Gold Inc.
|
1,279,044
|
49,895
|
|
Newmont Mining Corp.
|
668,528
|
31,481
|
|
Nucor Corp.
|
427,797
|
17,617
|
|
Alcoa Inc.
|
1,436,521
|
12,081
|
|
Royal Gold Inc.
|
86,609
|
6,995
|
|
Reliance Steel & Aluminum Co.
|
101,301
|
5,713
|
|
Cliffs Natural Resources Inc.
|
192,401
|
5,532
|
|
United States Steel Corp.
|
194,133
|
4,185
|
|
* Allied Nevada Gold Corp.
|
114,580
|
3,730
|
|
Steel Dynamics Inc.
|
280,704
|
3,627
|
|
Allegheny Technologies Inc.
|
136,980
|
3,586
|
|
Compass Minerals International Inc.
|
44,622
|
3,409
|
|
Carpenter Technology Corp.
|
59,961
|
2,906
|
|
* Coeur d'Alene Mines Corp.
|
121,294
|
2,821
|
|
Walter Energy Inc.
|
84,132
|
2,541
|
|
Hecla Mining Co.
|
383,609
|
2,225
|
|
Titanium Metals Corp.
|
118,068
|
1,962
|
|
Commercial Metals Co.
|
140,459
|
1,903
|
|
* Stillwater Mining Co.
|
155,912
|
1,790
|
|
|
|
|
|
|
|
|
Worthington Industries Inc.
|
|
70,830
|
1,669
|
|
*
|
SunCoke Energy Inc.
|
|
94,555
|
1,537
|
|
|
Kaiser Aluminum Corp.
|
|
23,299
|
1,418
|
|
|
Globe Specialty Metals Inc.
|
|
86,154
|
1,194
|
|
|
AMCOL International Corp.
|
|
34,312
|
1,036
|
|
*
|
McEwen Mining Inc.
|
|
270,013
|
999
|
|
*,^
Molycorp Inc.
|
|
107,149
|
961
|
|
*
|
RTI International Metals Inc.
|
|
38,748
|
961
|
|
|
Schnitzer Steel Industries Inc.
|
|
32,375
|
913
|
|
|
Haynes International Inc.
|
|
16,554
|
770
|
|
|
AK Steel Holding Corp.
|
|
178,766
|
717
|
|
^
|
Gold Resource Corp.
|
|
42,631
|
676
|
|
*
|
Century Aluminum Co.
|
|
71,906
|
559
|
|
*
|
Horsehead Holding Corp.
|
|
59,484
|
553
|
|
|
Materion Corp.
|
|
25,960
|
532
|
|
*
|
Paramount Gold and Silver Corp.
|
|
168,978
|
392
|
|
|
Metals USA Holdings Corp.
|
|
22,610
|
354
|
|
*
|
General Moly Inc.
|
|
79,885
|
300
|
|
*
|
AM Castle & Co.
|
|
23,345
|
298
|
|
|
Noranda Aluminum Holding Corp.
|
|
45,751
|
271
|
|
*
|
US Silica Holdings Inc.
|
|
17,177
|
249
|
|
|
Olympic Steel Inc.
|
|
12,486
|
247
|
|
*
|
Midway Gold Corp.
|
|
128,823
|
193
|
|
*
|
Golden Minerals Co.
|
|
45,925
|
183
|
|
*
|
McEwen Mining Inc. Rights Exp. 12/04/2012
|
|
270,013
|
42
|
|
|
|
|
|
181,023
|
|
Paper & Forest Products (5.5%)
|
|
|
|
|
|
International Paper Co.
|
|
559,828
|
20,792
|
|
|
MeadWestvaco Corp.
|
|
233,850
|
7,228
|
|
|
Domtar Corp.
|
|
47,163
|
3,778
|
|
*
|
Louisiana-Pacific Corp.
|
|
185,140
|
3,225
|
|
|
Schweitzer-Mauduit International Inc.
|
|
42,008
|
1,574
|
|
*
|
Resolute Forest Products
|
|
133,430
|
1,563
|
|
|
Buckeye Technologies Inc.
|
|
53,901
|
1,494
|
|
*
|
Clearwater Paper Corp.
|
|
31,542
|
1,254
|
|
*
|
KapStone Paper and Packaging Corp.
|
|
53,109
|
1,164
|
|
|
Deltic Timber Corp.
|
|
15,332
|
1,059
|
|
|
PH Glatfelter Co.
|
|
57,611
|
979
|
|
|
Neenah Paper Inc.
|
|
21,422
|
601
|
|
|
Wausau Paper Corp.
|
|
59,715
|
501
|
|
*
|
Mercer International Inc.
|
|
63,574
|
441
|
|
|
|
|
|
45,653
|
|
Total Common Stocks (Cost $838,888)
|
|
|
824,328
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (0.1%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost $839)
|
0.167%
|
839,202
|
839
|
|
Total Investments (100.1%) (Cost $839,727)
|
|
|
825,167
|
|
Other Assets and Liabilities-Net (-0.1%)
2
|
|
|
(833)
|
|
Net Assets (100%)
|
|
|
824,334
|
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $811,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $839,000 of collateral received for securities on loan.
Materials Index Fund
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.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $839,727,000. Net unrealized depreciation of investment securities for tax purposes was $14,560,000, consisting of unrealized gains of $106,950,000 on securities that had risen in value since their purchase and $121,510,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
|
Vanguard Telecommunication Services Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
|
Market
|
|
|
|
|
Value
|
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.8%)
|
|
|
|
Diversified Telecommunication Services (74.6%)
|
|
|
|
|
Alternative Carriers (11.1%)
|
|
|
|
*
|
tw telecom inc Class A
|
406,582
|
10,445
|
|
*
|
Level 3 Communications Inc.
|
481,572
|
9,082
|
|
|
Cogent Communications Group Inc.
|
369,115
|
7,803
|
|
*
|
Vonage Holdings Corp.
|
2,918,740
|
7,093
|
|
*
|
inContact Inc.
|
1,112,474
|
5,785
|
|
|
Lumos Networks Corp.
|
571,813
|
5,598
|
|
*
|
Premiere Global Services Inc.
|
646,121
|
5,486
|
|
*
|
Iridium Communications Inc.
|
755,214
|
4,660
|
|
|
|
|
Integrated Telecommunication Services (63.5%)
|
|
|
|
|
Verizon Communications Inc.
|
2,581,919
|
113,914
|
|
|
AT&T Inc.
|
3,289,119
|
112,258
|
|
|
CenturyLink Inc.
|
582,264
|
22,615
|
|
^
|
Frontier Communications Corp.
|
2,471,732
|
11,889
|
|
|
Windstream Corp.
|
1,370,754
|
11,487
|
|
*
|
Cincinnati Bell Inc.
|
1,554,890
|
8,287
|
|
|
Consolidated Communications Holdings Inc.
|
456,658
|
6,868
|
|
*
|
Cbeyond Inc.
|
837,378
|
6,222
|
|
*
|
General Communication Inc. Class A
|
727,508
|
6,133
|
|
|
Alaska Communications Systems Group Inc.
|
2,554,736
|
5,646
|
|
|
Atlantic Tele-Network Inc.
|
152,732
|
5,633
|
|
|
IDT Corp. Class B
|
583,723
|
5,353
|
|
*,^
Elephant Talk Communications Corp.
|
3,484,320
|
4,111
|
|
|
|
|
|
|
376,368
|
|
Wireless Telecommunication Services (25.2%)
|
|
|
|
|
Wireless Telecommunication Services (25.2%)
|
|
|
|
*
|
Sprint Nextel Corp.
|
3,978,457
|
22,797
|
|
*
|
Crown Castle International Corp.
|
335,417
|
22,647
|
|
*
|
SBA Communications Corp. Class A
|
253,506
|
17,446
|
|
*
|
MetroPCS Communications Inc.
|
1,050,394
|
11,187
|
|
*
|
Clearwire Corp. Class A
|
4,022,962
|
9,333
|
|
|
Telephone & Data Systems Inc.
|
388,697
|
8,944
|
|
|
Shenandoah Telecommunications Co.
|
462,872
|
6,434
|
|
*
|
Leap Wireless International Inc.
|
880,302
|
5,722
|
|
*,^
NII Holdings Inc.
|
1,034,237
|
5,244
|
|
*
|
United States Cellular Corp.
|
139,171
|
4,850
|
|
|
USA Mobility Inc.
|
406,267
|
4,696
|
|
*
|
Boingo Wireless Inc.
|
607,321
|
4,306
|
|
|
NTELOS Holdings Corp.
|
285,508
|
3,683
|
|
|
|
|
127,289
|
|
Total Common Stocks (Cost $522,003)
|
|
503,657
|
|
|
|
|
|
|
|
Coupon
|
|
|
|
Temporary Cash Investment (1.2%)
|
|
|
|
|
Money Market Fund (1.2%)
|
|
|
|
|
1,2
Vanguard Market Liquidity Fund (Cost
|
|
|
|
|
$5,812)
|
0.167%
|
5,812,100
|
5,812
|
|
Total Investments (101.0%) (Cost $527,815)
|
|
|
509,469
|
|
Other Assets and Liabilities-Net (-1.0%)
2
|
|
|
(5,031)
|
|
Net Assets (100%)
|
|
|
504,438
|
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $4,299,000.
1 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by
Vanguard. Rate shown is the 7-day yield.
2 Includes $5,293,000 of collateral received for securities on loan.
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.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $527,815,000. Net unrealized depreciation of investment securities for tax purposes was $18,346,000, consisting of unrealized gains of $42,960,000 on securities that had risen in value since their purchase and $61,306,000 in unrealized losses on securities that had fallen in value since their purchase.
|
|
|
|
|
Vanguard Utilities Index Fund
|
|
|
|
|
|
|
|
|
|
Schedule of Investments
|
|
|
|
As of November 30, 2012
|
|
|
|
|
|
|
|
Market
|
|
|
|
Value
|
|
|
Shares
|
($000)
|
|
Common Stocks (99.9%)
|
|
|
|
Electric Utilities (54.7%)
|
|
|
|
Duke Energy Corp.
|
1,860,247
|
118,721
|
|
Southern Co.
|
2,311,055
|
100,646
|
|
NextEra Energy Inc.
|
1,061,020
|
72,903
|
|
Exelon Corp.
|
2,255,027
|
68,147
|
|
American Electric Power Co. Inc.
|
1,281,114
|
54,639
|
|
FirstEnergy Corp.
|
1,104,932
|
46,915
|
|
PPL Corp.
|
1,534,214
|
45,029
|
|
Edison International
|
817,736
|
37,191
|
|
Xcel Energy Inc.
|
1,288,116
|
34,843
|
|
Northeast Utilities
|
829,104
|
32,119
|
|
Entergy Corp.
|
468,536
|
29,771
|
|
Pinnacle West Capital Corp.
|
289,544
|
14,900
|
|
OGE Energy Corp.
|
260,670
|
14,892
|
|
Pepco Holdings Inc.
|
604,960
|
11,942
|
|
NV Energy Inc.
|
623,762
|
11,434
|
|
ITC Holdings Corp.
|
136,013
|
10,684
|
|
Westar Energy Inc.
|
333,320
|
9,566
|
|
Great Plains Energy Inc.
|
405,714
|
8,216
|
|
Cleco Corp.
|
160,128
|
6,452
|
|
Hawaiian Electric Industries Inc.
|
256,494
|
6,389
|
|
IDACORP Inc.
|
132,586
|
5,663
|
|
Portland General Electric Co.
|
199,308
|
5,387
|
|
UIL Holdings Corp.
|
134,010
|
4,807
|
|
UNS Energy Corp.
|
108,894
|
4,637
|
|
PNM Resources Inc.
|
210,324
|
4,444
|
|
ALLETE Inc.
|
91,124
|
3,573
|
|
El Paso Electric Co.
|
100,695
|
3,207
|
|
MGE Energy Inc.
|
61,257
|
3,097
|
|
Empire District Electric Co.
|
111,474
|
2,229
|
|
Otter Tail Corp.
|
86,032
|
2,085
|
|
Unitil Corp.
|
34,578
|
892
|
|
|
|
775,420
|
|
Gas Utilities (7.3%)
|
|
|
|
ONEOK Inc.
|
514,682
|
23,094
|
|
AGL Resources Inc.
|
310,563
|
12,106
|
|
UGI Corp.
|
296,745
|
9,858
|
|
National Fuel Gas Co.
|
186,793
|
9,728
|
|
Questar Corp.
|
463,626
|
9,096
|
|
Atmos Energy Corp.
|
238,337
|
8,344
|
|
Piedmont Natural Gas Co. Inc.
|
189,891
|
5,860
|
|
WGL Holdings Inc.
|
136,020
|
5,313
|
|
Southwest Gas Corp.
|
121,779
|
5,108
|
|
New Jersey Resources Corp.
|
109,939
|
4,461
|
|
South Jersey Industries Inc.
|
81,491
|
4,072
|
|
Northwest Natural Gas Co.
|
70,768
|
3,104
|
|
Laclede Group Inc.
|
56,396
|
2,296
|
|
Chesapeake Utilities Corp.
|
25,157
|
1,132
|
|
|
|
103,572
|
|
|
|
|
|
Independent Power Producers & Energy Traders (3.6%)
|
|
|
|
AES Corp.
|
1,679,855
|
17,924
|
|
* Calpine Corp.
|
800,443
|
13,816
|
|
NRG Energy Inc.
|
602,134
|
12,705
|
|
* GenOn Energy Inc.
|
2,039,896
|
5,202
|
|
Ormat Technologies Inc.
|
41,646
|
767
|
|
Genie Energy Ltd. Class B
|
42,353
|
289
|
|
|
|
50,703
|
|
Multi-Utilities (31.9%)
|
|
|
|
Dominion Resources Inc.
|
1,514,764
|
77,420
|
|
PG&E Corp.
|
1,126,725
|
46,139
|
|
Consolidated Edison Inc.
|
773,831
|
43,172
|
|
Sempra Energy
|
606,635
|
41,506
|
|
Public Service Enterprise Group Inc.
|
1,336,533
|
40,216
|
|
DTE Energy Co.
|
453,774
|
27,490
|
|
Wisconsin Energy Corp.
|
608,894
|
22,852
|
|
CenterPoint Energy Inc.
|
1,072,725
|
21,165
|
|
Ameren Corp.
|
641,068
|
19,213
|
|
NiSource Inc.
|
752,791
|
18,195
|
|
CMS Energy Corp.
|
700,179
|
17,105
|
|
SCANA Corp.
|
329,258
|
15,258
|
|
Alliant Energy Corp.
|
293,303
|
13,146
|
|
Integrys Energy Group Inc.
|
206,914
|
11,002
|
|
MDU Resources Group Inc.
|
473,262
|
9,806
|
|
TECO Energy Inc.
|
542,959
|
9,127
|
|
Vectren Corp.
|
216,832
|
6,342
|
|
Black Hills Corp.
|
110,915
|
3,959
|
|
Avista Corp.
|
155,246
|
3,681
|
|
NorthWestern Corp.
|
98,193
|
3,406
|
|
CH Energy Group Inc.
|
37,482
|
2,444
|
|
|
|
452,644
|
|
Water Utilities (2.4%)
|
|
|
|
American Water Works Co. Inc.
|
466,199
|
17,795
|
|
Aqua America Inc.
|
368,830
|
9,420
|
|
American States Water Co.
|
49,870
|
2,269
|
|
California Water Service Group
|
105,258
|
1,895
|
|
SJW Corp.
|
34,448
|
842
|
|
Middlesex Water Co.
|
41,345
|
773
|
|
Connecticut Water Service Inc.
|
23,467
|
724
|
|
|
|
33,718
|
|
|
|
Total Investments (99.9%) (Cost $1,447,908)
|
|
1,416,057
|
|
Other Assets and Liabilities-Net (0.1%)
|
|
782
|
|
Net Assets (100%)
|
|
1,416,839
|
* Non-income-producing security.
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
Utilities Index Fund
after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
B.
Various inputs may be used to determine the value of the fund's investments. 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).
At November 30, 2012, 100% of the market value of the fund's investments was determined based on Level 1 inputs.
C.
At November 30, 2012, the cost of investment securities for tax purposes was $1,447,908,000. Net unrealized depreciation of investment securities for tax purposes was $31,851,000, consisting of unrealized gains of $83,650,000 on securities that had risen in value since their purchase and $115,501,000 in unrealized losses on securities that had fallen in value since their purchase.
Item 2: Controls and Procedures
(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
(b) Internal Control Over Financial Reporting. During the last fiscal quarter, there was no significant change in the Registrant’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3: Exhibits
(a) Certifications
|
|
|
|
|
VANGUARD WORLD FUND
|
|
|
|
By:
|
/s/ F. WILLIAM MCNABB III*
|
|
|
F. WILLIAM MCNABB III
|
|
|
CHIEF EXECUTIVE OFFICER
|
|
|
|
Date:
January 21, 2013
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
|
|
|
|
|
VANGUARD WORLD FUND
|
|
|
|
By:
|
/s/ F. WILLIAM MCNABB III*
|
|
|
F. WILLIAM MCNABB III
|
|
|
CHIEF EXECUTIVE OFFICER
|
|
|
|
Date:
January 21, 2013
|
|
|
|
|
|
VANGUARD WORLD FUND
|
|
|
|
By:
|
/s/ THOMAS J. HIGGINS*
|
|
|
THOMAS J. HIGGINS
|
|
|
CHIEF FINANCIAL OFFICER
|
|
|
|
Date:
January 21, 2013
|
* By:/s/ Heidi Stam
Heidi Stam, pursuant to a Power of Attorney filed on
March 27, 2012 see file Number 2-11444
, Incorporated by Reference.