0001752724-23-295144.txt : 20231228 0001752724-23-295144.hdr.sgml : 20231228 20231228092613 ACCESSION NUMBER: 0001752724-23-295144 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231031 FILED AS OF DATE: 20231228 DATE AS OF CHANGE: 20231228 PERIOD START: 20240131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD SPECIALIZED FUNDS CENTRAL INDEX KEY: 0000734383 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03916 FILM NUMBER: 231519740 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD SPECIALIZED FUNDS/ DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD SPECIALIZED PORTFOLIOS INC DATE OF NAME CHANGE: 19920703 0000734383 S000065529 Vanguard Global ESG Select Stock Fund C000211921 Admiral Shares VESGX C000211922 Investor Shares VEIGX NPORT-P 1 primary_doc.xml NPORT-P false 0000734383 XXXXXXXX S000065529 C000211922 C000211921 VANGUARD SPECIALIZED FUNDS 811-03916 0000734383 549300OM0CLBHZ9MZW59 100 Vanguard Boulevard Malvern 19355 610-669-1000 VANGUARD GLOBAL ESG SELECT STOCK FUND S000065529 5493009IC3NWK9HZIP71 2024-01-31 2023-10-31 N 956470361.36 1688540.63 954781820.73 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1697171.40000000 N Novartis AG 5493007HIVTX6SY6XD66 NOVARTIS AG-REG H5820Q150 240040.00000000 NS 22472440.91000000 2.353672893857 Long EC CORP CH N 2 N N N Wolters Kluwer NV 724500TEM53I0U077B74 WOLTERS KLUWER N/A 123457.00000000 NS 15840271.97000000 1.659046247643 Long EC CORP NL N 2 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 PROCTER & GAMBLE 742718109 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92826C839 142025.00000000 NS USD 33390077.50000000 3.497142150703 Long EC CORP US N 1 N N N L'Oreal SA 529900JI1GG6F7RKVI53 L'OREAL F58149133 40805.00000000 NS 17151594.92000000 1.796388928612 Long EC CORP FR N 2 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 TSMC N/A 2189163.00000000 NS 35754546.39000000 3.744787093103 Long EC CORP TW N 2 N N N Deere & Co PWFTNG3EI0Y73OXWDH08 DEERE & CO 244199105 94595.00000000 NS USD 34561229.20000000 3.619803859857 Long EC CORP US N 1 N N N AIA Group Ltd ZP5ILWVSYE4LJGMMVD57 AIA Y002A1105 2488719.00000000 NS 21611558.15000000 2.263507503051 Long EC CORP HK N 2 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 MERCK & CO 58933Y105 258298.00000000 NS USD 26527204.60000000 2.778352501487 Long EC CORP US N 1 N N N Automatic Data Processing Inc HGBOLILQXWER4SAL2I23 AUTOMATIC DATA 053015103 105046.00000000 NS USD 22923138.12000000 2.400877103260 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 HOME DEPOT INC 437076102 103661.00000000 NS USD 29511250.09000000 3.090889399992 Long EC CORP US N 1 N N N Colgate-Palmolive Co YMEGZFW4SBUSS5BQXF88 COLGATE-PALMOLIV 194162103 279005.00000000 NS USD 20958855.60000000 2.195146068446 Long EC CORP US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO 962166104 722414.00000000 NS USD 20726057.66000000 2.170763750419 Long EC CORP US N 1 N N N Schneider Electric SE 969500A1YF1XUYYXS284 SCHNEIDER ELECTR N/A 118196.00000000 NS 18185314.33000000 1.904656533583 Long EC CORP FR N 2 N N N Iberdrola SA 5QK37QC7NWOJ8D7WVQ45 IBERDROLA SA N/A 2024237.00000000 NS 22513599.84000000 2.357983714309 Long EC CORP ES N 2 N N N DBS Group Holdings Ltd 5493007FKT78NKPM5V55 DBS GROUP HLDGS N/A 1065072.00000000 NS 25586578.56000000 2.679835120911 Long EC CORP SG N 2 N N N Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1I6HV0TLSTR3A4XQ6L78 Vanguard Market Liquidity Fund N/A 35563.88900000 NS USD 3556033.26000000 0.372444592344 Long STIV CORP US N 1 N N N Northern Trust Corp 549300GLF98S992BC502 NORTHERN TRUST 665859104 502998.00000000 NS USD 33152598.18000000 3.472269523800 Long EC CORP US N 1 N N N Diageo PLC 213800ZVIELEA55JMJ32 DIAGEO PLC G42089113 514691.00000000 NS 19463567.73000000 2.038535643160 Long EC CORP GB N 2 N N N Recruit Holdings Co Ltd 353800R2LRSMVVC4I806 RECRUIT HOLDINGS N/A 1064100.00000000 NS 30510628.67000000 3.195560284827 Long EC CORP JP N 2 N N N GSK PLC 5493000HZTVUYLO1D793 GSK PLC N/A 1141661.00000000 NS 20352133.08000000 2.131600396878 Long EC CORP GB N 2 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 TEXAS INSTRUMENT 882508104 232034.00000000 NS USD 32951148.34000000 3.451170479430 Long EC CORP US N 1 N N N DSM-Firmenich AG 506700G44V67MPM4BI12 DSM-FIRMENICH AG N/A 319303.00000000 NS 28946664.75000000 3.031757006838 Long EC CORP NL N 2 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 EDWARDS LIFE 28176E108 447559.00000000 NS USD 28518459.48000000 2.986908512585 Long EC CORP US N 1 N N N Accenture PLC 5493000EWHDSR3MZWH98 ACCENTURE PLC-A G1151C101 87354.00000000 NS USD 25951999.86000000 2.718107875174 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 DANAHER CORP 235851102 97146.00000000 NS USD 18653974.92000000 1.953742155012 Long EC CORP US N 1 N N N Cie Generale des Etablissements Michelin SCA 549300SOSI58J6VIW052 MICHELIN N/A 938010.00000000 NS 27866828.54000000 2.918659314092 Long EC CORP FR N 2 N N N Industria de Diseno Textil SA 549300TTCXZOGZM2EY83 INDUSTRIA DE DISENO TEXTIL E6282J125 757781.00000000 NS 26157066.38000000 2.739585716033 Long EC CORP ES N 2 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 ASML HOLDING NV N07059202 34069.00000000 NS 20479571.38000000 2.144947770825 Long EC CORP NL N 2 N N N National Grid PLC 8R95QZMKZLJX5Q2XR704 NATIONAL GRID PL N/A 2106564.00000000 NS 25116514.37000000 2.630602492074 Long EC CORP GB N 2 N N N Cisco Systems Inc 549300LKFJ962MZ46593 CISCO SYSTEMS 17275R102 553073.00000000 NS USD 28831695.49000000 3.019715589887 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 PROLOGIS INC 74340W103 223786.00000000 NS USD 22546439.50000000 2.361423207949 Long EC CORP US N 1 N N N ING Groep NV 549300NYKK9MWM7GGW15 ING GROEP NV N/A 1857522.00000000 NS 23814415.29000000 2.494225882075 Long EC CORP NL N 2 N N N 2023-12-28 VANGUARD SPECIALIZED FUNDS Ashley Grim Ashley Grim Treasurer XXXX NPORT-EX 2 vg_globalesgselectstock.htm
Vanguard® Global ESG Select Stock Fund
Schedule of Investments (unaudited)
As of October 31, 2023
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 (99.0%)
Canada (1.9%)
  BCE Inc.   482,418  17,909
France (6.8%)
  Cie Generale des Etablissements Michelin SCA   952,717  28,304
  Schneider Electric SE   124,422  19,143
  L'Oreal SA    40,805  17,151
            64,598
Hong Kong (2.3%)
  AIA Group Ltd. 2,488,719  21,611
Japan (5.2%)
  Recruit Holdings Co. Ltd. 1,064,100  30,511
  Mitsubishi UFJ Financial Group Inc. 2,323,600  19,493
            50,004
Netherlands (9.5%)
  DSM-Firmenich AG 330,524 29,964
  ING Groep NV 1,857,522 23,815
  ASML Holding NV 35,469 21,321
  Wolters Kluwer NV 123,457 15,840
            90,940
Singapore (2.7%)
  DBS Group Holdings Ltd. 1,065,072 25,587
Spain (5.1%)
  Industria de Diseno Textil SA 757,781 26,157
  Iberdrola SA 2,024,237 22,514
            48,671
Switzerland (2.4%)
  Novartis AG (Registered) 240,040 22,472
Taiwan (3.7%)
  Taiwan Semiconductor Manufacturing Co. Ltd. 2,189,163 35,754
United Kingdom (8.5%)
  National Grid plc 2,106,564 25,116
  Compass Group plc 836,326 21,085
  Diageo plc 514,691 19,464
  GSK plc 870,758 15,523
            81,188
United States (50.9%)
  Microsoft Corp. 165,701 56,025
  Deere & Co. 94,595 34,561
          Shares Market
Value
($000)
  Visa Inc. Class A   142,025  33,390
  Northern Trust Corp.   502,998  33,153
  Texas Instruments Inc.   232,034  32,951
  Home Depot Inc.   103,661  29,511
  Cisco Systems Inc.   553,073  28,832
* Edwards Lifesciences Corp.   447,559  28,519
  Merck & Co. Inc.   258,298  26,527
  Accenture plc Class A    87,354  25,952
  Automatic Data Processing Inc.   105,046  22,923
  Prologis Inc.   223,786  22,546
  Colgate-Palmolive Co.   279,005  20,959
  Procter & Gamble Co.   138,312  20,751
  Weyerhaeuser Co.   722,414  20,726
  Danaher Corp.    97,146  18,654
  Progressive Corp. 100,999 15,967
  Trane Technologies plc 74,226 14,126
            486,073
Total Common Stocks (Cost $888,231) 944,807
      Coupon      
Temporary Cash Investments (0.5%)
Money Market Fund (0.5%)
1 Vanguard Market Liquidity Fund
(Cost $5,262) 		5.420%   52,633 5,263
Total Investments (99.5%) (Cost $893,493)   950,070
Other Assets and Liabilities—Net (0.5%)   4,454
Net Assets (100%)   954,524
Cost is in $000.
* 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 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. 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.
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).
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). Any investments valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund's investments as of October 31, 2023, based on the inputs used to value them:
  Level 1
($000) 		Level 2
($000) 		Level 3
($000) 		Total
($000)
Investments        
Assets        
Common Stocks—North and South America 503,982 — — 503,982
Common Stocks—Other — 440,825 — 440,825
Temporary Cash Investments 5,263 — — 5,263
Total 509,245 440,825 — 950,070