NPORT-EX 2 vg_consumerstaples.htm
Vanguard® Consumer Staples Index Fund
Schedule of Investments (unaudited)
As of May 31, 2026
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
    Shares Market
Value
($000)
Common Stocks (99.8%)
Beverages (19.6%)
  Coca-Cola Co.  9,117,844   720,401
  PepsiCo Inc.  2,852,302   411,273
* Monster Beverage Corp.  2,308,397   203,324
  Keurig Dr Pepper Inc.  4,337,966   130,269
  Constellation Brands Inc. Class A    526,348    73,068
  Coca-Cola Consolidated Inc.    248,321    43,024
  Primo Brands Corp.  1,510,971    37,472
* Celsius Holdings Inc.  1,102,648    36,685
  Molson Coors Beverage Co. Class B    866,795    34,264
* Vita Coco Co. Inc.    415,752    31,235
  Brown-Forman Corp. Class B  1,158,722    29,802
* Boston Beer Co. Inc. Class A     87,086    15,439
* National Beverage Corp.    270,412    10,003
  MGP Ingredients Inc.    174,254     3,076
             1,779,335
Consumer Staples Distribution & Retail (39.0%)
  Walmart Inc. 11,403,611 1,319,968
  Costco Wholesale Corp.  1,126,617 1,077,406
  Target Corp.  1,452,878   184,617
  Kroger Co.  2,020,134   125,551
  Sysco Corp.  1,615,044   122,437
  Casey's General Stores Inc.    130,969   100,472
  Dollar General Corp.    805,796    89,129
* Dollar Tree Inc.    735,109    85,596
* US Foods Holding Corp.    852,458    69,774
* Performance Food Group Co.    640,780    62,918
* BJ's Wholesale Club Holdings Inc.    554,446    47,283
* Sprouts Farmers Market Inc.    501,948    41,471
* Maplebear Inc.    900,824    35,853
  PriceSmart Inc.    185,085    31,463
  Albertsons Cos. Inc. Class A  1,895,840    29,594
* United Natural Foods Inc.    558,363    28,672
  Andersons Inc.    373,942    26,397
* Chefs' Warehouse Inc.    335,789    25,701
  Ingles Markets Inc. Class A    168,137    14,873
  Weis Markets Inc.    142,980    10,433
* Grocery Outlet Holding Corp.  1,048,935     8,926
  Village Super Market Inc. Class A    104,351     4,848
  Natural Grocers by Vitamin Cottage Inc.    105,202     3,089
             3,546,471
Food Products (14.6%)
  Mondelez International Inc. Class A  3,994,874   244,366
  Archer-Daniels-Midland Co.  1,617,092   129,012
  Hershey Co.    518,870   100,676
  Kraft Heinz Co.  3,238,637    77,760
  General Mills Inc.  2,061,339    69,694
  Tyson Foods Inc. Class A  1,080,940    65,959
  Bunge Global SA    534,799    65,941
  J M Smucker Co.    478,446    49,376
  McCormick & Co. Inc.  1,034,799    49,018
* Darling Ingredients Inc.    799,717    47,263
  Hormel Foods Corp.  1,694,379    39,360
  Ingredion Inc.    356,647    36,178
  Conagra Brands Inc.  2,640,546    35,067
  Lamb Weston Holdings Inc.    794,590    34,310
1 Campbell's Co.  1,427,210    30,128
* Post Holdings Inc.    297,303    27,304
* Freshpet Inc.    506,731    26,147
  Cal-Maine Foods Inc.    346,404    25,883

    Shares Market
Value
($000)
  Marzetti Co.    208,363    23,324
  Flowers Foods Inc.  2,259,878    17,266
  Seaboard Corp.      3,045    15,475
  Fresh Del Monte Produce Inc.    453,170    14,565
  Pilgrim's Pride Corp.    494,594    14,002
  J & J Snack Foods Corp.    175,776    13,380
  Dole plc    879,377    12,303
* Simply Good Foods Co.    941,088    10,841
* Seneca Foods Corp. Class A     54,142     7,785
  John B Sanfilippo & Son Inc.    102,431     7,673
  Tootsie Roll Industries Inc.    193,391     7,293
* Mission Produce Inc.    638,035     7,108
  Utz Brands Inc.    842,634     6,168
*,1 Vital Farms Inc.    418,638     4,191
*,1 Beyond Meat Inc.  4,936,168     3,892
  B&G Foods Inc.    882,280     3,609
*,1 Westrock Coffee Co.    389,277     3,126
* Lifeway Foods Inc.     65,436     1,559
* Hain Celestial Group Inc.  1,075,588       853
             1,327,855
Household Products (14.7%)
  Procter & Gamble Co.  5,512,044   791,309
  Colgate-Palmolive Co.  2,398,571   216,183
  Kimberly-Clark Corp.    980,952    95,741
  Church & Dwight Co. Inc.    868,010    83,008
  Clorox Co.    538,742    48,498
  WD-40 Co.    124,694    24,935
  Spectrum Brands Holdings Inc.    254,698    20,042
* Central Garden & Pet Co. Class A    572,143    19,527
  Reynolds Consumer Products Inc.    608,878    13,194
  Energizer Holdings Inc.    672,537    12,254
  Oil-Dri Corp. of America    100,653     7,716
* Central Garden & Pet Co.     84,029     3,233
             1,335,640
Personal Care Products (3.3%)
  Kenvue Inc.  6,561,412   113,381
  Estee Lauder Cos. Inc. Class A    944,539    84,017
* e.l.f. Beauty Inc.    497,013    27,833
  Interparfums Inc.    212,877    20,089
* Herbalife Ltd.  1,195,094    14,293
* BellRing Brands Inc.  1,354,489    11,324
  Edgewell Personal Care Co.    512,562     8,980
* Coty Inc. Class A  4,065,226     8,659
* Honest Co. Inc.  1,103,955     3,864
* Nature's Sunshine Products Inc.    166,641     3,546
  Nu Skin Enterprises Inc. Class A    571,675     3,310
* USANA Health Sciences Inc.    128,800     2,357
* Niagen Bioscience Inc.    600,515     2,318
               303,971
Tobacco (8.6%)
  Philip Morris International Inc.  2,238,850   397,127
  Altria Group Inc.  5,101,010   354,929
  Turning Point Brands Inc.    209,929    17,829
  Universal Corp.    288,006    14,939
               784,824
Total Common Stocks (Cost $8,039,209) 9,078,096

    Shares Market
Value
($000)
Temporary Cash Investments (0.3%)
Money Market Fund (0.3%)
2,3 Vanguard Market Liquidity Fund, 3.667% (Cost$25,879) 258,817       25,879
Total Investments (100.1%) (Cost $8,065,088) 9,103,975
Other Assets and Liabilities—Net (-0.1%) (4,578)
Net Assets (100.0%) 9,099,397
Cost is in $000.
* Non-income-producing security.
1 Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $7,684.
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 Collateral of $8,908 was received for securities on loan.
  

Derivative Financial Instruments Outstanding as of Period End

Over-the-Counter Total Return Swaps
Reference Entity Termination
Date
Counterparty Notional
Amount
($000)
Floating
Interest Rate
Received
(Paid)1
(%)
Value and
Unrealized
Appreciation
($000)
Value and
Unrealized
(Depreciation)
($000)
Kimberly-Clark Corp. 8/31/2026 BANA 15,803 (3.620) (195)
McCormick & Co. Inc. 8/31/2026 BANA 3,278 (3.620) 37
          37 (195)
1 Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/(paid) monthly.
  BANA—Bank of America, N.A.
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 by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks or indexes in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap 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 pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. 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). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of May 31, 2026, based on the inputs used to value them:
  Level 1
($000)
Level 2
($000)
Level 3
($000)
Total
($000)
Investments        
Assets        
Common Stocks 9,078,096 9,078,096
Temporary Cash Investments 25,879 25,879
Total 9,103,975 9,103,975
Derivative Financial Instruments        
Assets        
Swap Contracts 37 37
Liabilities        
Swap Contracts (195) (195)