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VANGUARD SPECIALIZED FUNDS
VANGUARD SPECIALIZED FUNDS. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 427 Institutional holders with a total value of $6,294,548,491.
#
Manager Name
Shares
Value ($)
%
Options
Notes
101 Capital Advisors, Ltd. LLC 96,200 7,237,000 0.11%
102 UNITED CAPITAL FINANCIAL ADVISORS, LLC 92,253 6,940,000 0.11%
103 NORTHSTAR INVESTMENT ADVISORS LLC 91,318 6,870,000 0.11%
104 Stillwater Capital Advisors, LLC 90,507 6,809,000 0.11%
105 Covington Capital Management 89,279 6,716,000 0.11%
106 Tower Research Capital LLC (TRC) 87,777 6,604,000 0.10%
107 IRON Financial LLC 87,583 6,589,000 0.10%
108 HARVARD MANAGEMENT CO INC 86,049 6,473,000 0.10%
109 NEW ENGLAND SECURITIES CORP /MA/ 84,741 6,375,000 0.10%
110 NATIONAL PLANNING CORP 83,806 6,357,000 0.10%
111 Kistler-Tiffany Companies, LLC 82,635 6,217,000 0.10%
112 CIBC Private Wealth Group LLC 81,456 6,179,000 0.10%
113 Alexandria Capital, LLC 79,837 6,006,000 0.10%
114 Cetera Advisors LLC 77,906 5,872,000 0.09%
115 Robert W. Baird & Co. Inc 77,498 5,830,000 0.09%
116 LEAVELL INVESTMENT MANAGEMENT, INC. 74,194 5,582,000 0.09%
117 Mariner, LLC 73,886 5,558,000 0.09%
118 RELIANCE TRUST CO OF DELAWARE 71,708 5,395,000 0.09%
119 Mirae Asset Global Investments Co., Ltd. 70,000 5,266,000 0.08%
120 PETTYJOHN, WOOD & WHITE, INC 69,399 5,221,000 0.08%
121 CAPE COD FIVE CENTS SAVINGS BANK 68,310 5,139,000 0.08%
122 BOSTON FINANCIAL MANGEMENT LLC 68,003 5,116,000 0.08%
123 CAHILL FINANCIAL ADVISORS INC 67,401 5,071,000 0.08%
124 PALLADIUM PARTNERS LLC 65,870 4,956,000 0.08%
125 BADGLEY PHELPS & BELL INC 65,770 4,948,000 0.08%
126 Select Asset Management & Trust 65,665 4,940,000 0.08%
127 HBK Sorce Advisory LLC 65,150 4,873,000 0.08%
128 SCOTIA CAPITAL INC. 63,460 4,773,000 0.08%
129 NATIXIS 63,200 4,755,000 0.08%
130 MOORE CAPITAL MANAGEMENT, LP 62,841 4,728,000 0.08%
131 BOYS ARNOLD & CO INC 62,259 4,684,000 0.07%
132 Carroll Financial Associates, Inc. 61,878 4,655,000 0.07%
133 DEARBORN PARTNERS LLC 61,035 4,592,000 0.07%
134 HHG & Company, LLC 60,286 4,531,000 0.07%
135 NORTHERN TRUST CORP 59,587 4,483,000 0.07%
136 OPPENHEIMER & CO INC 58,120 4,373,000 0.07%
137 DAVIDSON & GARRARD INC 56,409 4,244,000 0.07%
138 First Heartland Consultants, Inc. 55,851 4,202,000 0.07%
139 SUSQUEHANNA INTERNATIONAL GROUP, LLP 55,800 4,198,000 0.07% Call
140 First Allied Advisory Services, Inc. 55,289 4,181,000 0.07%
141 Private Advisor Group, LLC 55,120 4,147,000 0.07%
142 GM Advisory Group, LLC 54,869 4,143,000 0.07%
143 Rotella Capital Management, Inc. 53,200 4,002,000 0.06%
144 PNC FINANCIAL SERVICES GROUP, INC. 52,857 3,976,000 0.06%
145 WHITTIER TRUST CO OF NEVADA INC 52,710 3,965,000 0.06%
146 MOTCO 52,423 3,944,000 0.06%
147 FORBES J M & CO LLP 51,348 3,862,000 0.06%
148 SIGNATUREFD, LLC 49,758 3,743,000 0.06%
149 EnTrustPermal Management LLC 49,357 3,714,000 0.06%
150 Creative Planning 48,431 3,643,000 0.06%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.