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

Institutional Holders (2014Q3)
Portfolio Summary: 468 Institutional holders with a total value of $7,175,879,017.
#
Manager Name
Shares
Value ($)
%
Options
Notes
51 BRR OpCo, LLC 268,423 20,655,000 0.29%
52 SYNOVUS FINANCIAL CORP 256,865 19,761,000 0.28%
53 MANAGED ACCOUNT ADVISORS LLC 249,060 19,165,000 0.27%
54 AMERICAN INTERNATIONAL GROUP, INC. 248,384 19,113,121 0.27%
55 FOSTER DYKEMA CABOT & CO INC/MA 241,226 18,562,000 0.26%
56 LINCOLN NATIONAL CORP 237,898 18,306,000 0.26%
57 TD Capital Management LLC 236,188 18,175,000 0.25%
58 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 234,272 18,027,000 0.25%
59 KMS FINANCIAL SERVICES, INC 212,458 16,349,000 0.23%
60 INTERACTIVE FINANCIAL ADVISORS, INC. 212,145 16,325,000 0.23%
61 UNITED SERVICES AUTOMOBILE ASSOCIATION 203,759 15,679,000 0.22%
62 TWO SIGMA INVESTMENTS, LP 189,843 14,608,000 0.20%
63 COLDSTREAM CAPITAL MANAGEMENT INC 187,794 14,451,000 0.20%
64 WMS Partners, LLC 180,319 13,876,000 0.19%
65 HM Capital Management, LLC 176,986 13,621,000 0.19%
66 RAYMOND JAMES & ASSOCIATES 174,844 13,454,000 0.19%
67 Retirement Planning Group, LLC 174,321 13,414,000 0.19%
68 BANK OF NOVA SCOTIA 172,651 13,285,000 0.19%
69 JANE STREET GROUP, LLC 167,984 12,926,000 0.18%
70 FARMERS & MERCHANTS INVESTMENTS INC 167,211 12,867,000 0.18%
71 Ironsides Asset Advisors, LLC 158,984 12,234,000 0.17%
72 BANK OF HAWAII 156,597 12,050,000 0.17%
73 Jacobus Wealth Management, Inc. 148,549 11,431,000 0.16%
74 UNITED CAPITAL FINANCIAL ADVISORS, LLC 148,006 11,389,000 0.16%
75 New England Private Wealth Advisors LLC 146,873 11,300,000 0.16%
76 BOSTON PRIVATE BANK & TRUST CO 142,176 10,940,000 0.15%
77 Modera Wealth Management, LLC 131,810 10,143,000 0.14%
78 Nadler Financial Group, Inc. 131,283 10,102,000 0.14%
79 MSI Financial Services Inc 129,983 10,002,000 0.14%
80 HM PAYSON & CO 124,678 9,594,000 0.13%
81 NORTH AMERICAN MANAGEMENT CORP 122,763 9,447,000 0.13%
82 FOUNDERS BANK & TRUST 120,047 9,237,000 0.13%
83 WHITTIER TRUST CO 116,397 8,957,000 0.12%
84 Annex Advisory Services, LLC 114,853 8,838,000 0.12%
85 NATIXIS 113,200 8,711,000 0.12%
86 Paracle Advisors, LLC 112,542 8,660,000 0.12%
87 Janney Montgomery Scott LLC 112,023 8,620,173 0.12%
88 CONDOR CAPITAL MANAGEMENT 110,087 8,471,000 0.12%
89 CITIGROUP INC 109,203 8,403,000 0.12%
90 EMERSON INVESTMENT MANAGEMENT, LLC 106,812 8,219,000 0.11%
91 Ancora Advisors LLC 106,761 8,215,000 0.11%
92 Asset Management Group, Inc. 102,204 7,865,000 0.11%
93 CAPTRUST FINANCIAL ADVISORS 101,862 7,838,000 0.11%
94 Drexel Morgan & Co. 101,450 7,807,000 0.11%
95 Covington Capital Management 101,399 7,803,000 0.11%
96 MONTAG A & ASSOCIATES INC 99,664 7,669,000 0.11%
97 Kistler-Tiffany Companies, LLC 98,745 7,598,000 0.11%
98 Capital Advisors, Ltd. LLC 98,627 7,589,000 0.11%
99 WOODMONT INVESTMENT COUNSEL LLC 98,090 7,548,000 0.11%
100 Tarbox Family Office, Inc. 98,022 7,543,000 0.11%
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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.