0001752724-21-191930.txt : 20210830 0001752724-21-191930.hdr.sgml : 20210830 20210830133643 ACCESSION NUMBER: 0001752724-21-191930 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210630 FILED AS OF DATE: 20210830 PERIOD START: 20210930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD CHESTER FUNDS CENTRAL INDEX KEY: 0000752177 IRS NUMBER: 232311358 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04098 FILM NUMBER: 211222403 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: P.O. BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD PRIMECAP FUND/ DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD/PRIMECAP FUND INC DATE OF NAME CHANGE: 19940608 FORMER COMPANY: FORMER CONFORMED NAME: PRIMECAP FUND INC DATE OF NAME CHANGE: 19920703 0000752177 S000049264 Vanguard Institutional Target Retirement 2025 Fund C000155401 Institutional Shares VRIVX NPORT-P 1 primary_doc.xml NPORT-P false 0000752177 XXXXXXXX S000049264 C000155401 VANGUARD CHESTER FUNDS 811-04098 0000752177 54930034NOOD3YDKBZ64 100 Vanguard Boulevard Malvern 19355 610-669-1000 VANGUARD INSTITUTIONAL TARGET RETIREMENT 2025 FUND S000049264 549300D5YVL4R5YGLJ35 2021-09-30 2021-06-30 N 51687441646.75 7389461.68 51680052185.07 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 0.00000000 N Vanguard Total Bond Market II Index Fund E3F24BZCDA1UXGFMYX67 VANG-TB II-INV 92203C105 1308022384.23600000 NS USD 14597529808.07000000 28.24596568864 Long EC CORP US N 1 N N N Vanguard Total International Stock Index Fund BF5U5YXM0ZHVXS3F8G71 VANG-TO INT-INV 921909602 548580142.70400000 NS USD 11558583606.77000000 22.36565776941 Long EC CORP US N 1 N N N N/A N/A S&P500 EMINI FUT Sep21 N/A 1452.00000000 NC USD 3771795.50000000 0.007298358535 N/A DE N/A N 1 MORGAN STANLEY & CO LLC 9R7GPTSO7KV3UQJZQ078 Long S&P 500 Index SPX 2021-09-17 307580564.50000000 USD 3771795.50000000 N N N Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1I6HV0TLSTR3A4XQ6L78 Vanguard Market Liquidity Fund N/A 7621835.67100000 NS USD 762183567.10000000 1.474811914605 Long STIV CORP US N 1 N N N Vanguard Total International Bond II Index Fund 549300ROYBGCYUJI4283 VANG-TTL INT-ADM 92211J209 290121182.86000000 NS USD 5811127292.69000000 11.24443000150 Long EC CORP US N 1 N N N Vanguard Short-Term Inflation-Protected Securities Index Fund TX6CG4TTV0FTLWSYWI43 VANGUARD-ST I-AD 922020706 31318129.87800000 NS USD 815210920.72000000 1.577418919394 Long EC CORP US N 1 N N N N/A N/A US 10YR NOTE (CBT)Sep21 N/A 3487.00000000 NC USD 1678050.45000000 0.003246998366 N/A DIR N/A N 1 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 MORGAN STANLEY & CO LLC 9R7GPTSO7KV3UQJZQ078 Long N/A US 10YR NOTE (CBT)Sep21 2021-09-21 460349449.55000000 USD 1678050.45000000 N N N Vanguard Total Stock Market Index Fund HJ2RZRUQEVF2A5SPRB21 VANG-T ST M-INS 922908801 166754732.70700000 NS USD 18094556046.04000000 35.01265049277 Long EC CORP US N 1 N N N 2021-08-27 VANGUARD CHESTER FUNDS Christine M. Buchanan Christine M. Buchanan Treasurer XXXX NPORT-EX 2 vginstitutionaltrf2025.htm
Vanguard® Institutional Target Retirement 2025 Fund
Schedule of Investments (unaudited)
As of June 30, 2021
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)
Investment Companies (98.7%)
U.S. Stock Fund (35.0%)
  Vanguard Total Stock Market Index Fund Institutional Shares   166,754,733 18,094,556
International Stock Fund (22.3%)
  Vanguard Total International Stock Index Fund Investor Shares   548,580,143 11,558,584
U.S. Bond Funds (29.9%)
1 Vanguard Total Bond Market II Index Fund Investor Shares 1,309,855,427 14,617,986
  Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares    31,904,339    830,470
            15,448,456
International Bond Fund (11.5%)
1 Vanguard Total International Bond II Index Fund Admiral Shares   297,993,156  5,968,803
Total Investment Companies (Cost $39,695,854) 51,070,399
Temporary Cash Investments (1.5%)
Money Market Fund (1.5%)
1 Vanguard Market Liquidity Fund, 0.056% (Cost $754,813) 7,548,273 754,827
Total Investments (100.2%) (Cost $40,450,667)   51,825,226
Other Assets and Liabilities—Net (-0.2%)   (108,711)
Net Assets (100%)   51,716,515
Cost is in $000.
1 Affiliated fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown for Vanguard Market Liquidity Fund is the 7-day yield.
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
      ($000)
  Expiration Number of
Long (Short)
Contracts 		Notional
Amount 		Value and
Unrealized
Appreciation
(Depreciation)
Long Futures Contracts
10-Year U.S. Treasury Note September 2021 2,355 312,038 1,208
E-mini S&P 500 Index September 2021 1,452 311,352 3,772
        4,980
A. Security Valuation: Investments are valued at the net asset value of each underlying Vanguard fund determined as of the close of the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date.
B. Futures Contracts: The fund uses stock and bond futures contracts to a limited extent, with the objectives of maintaining full exposure to the market and maintaining its target asset allocation. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of investments held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
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.
At June 30, 2021, 100% of the market value of the fund's investments and derivatives was determined based on Level 1 inputs.
D.  Transactions during the period in affiliated underlying Vanguard funds were as follows:
    Current Period Transactions  
  Sep. 30, 2020
Market Value
($000) 		Purchases
at Cost
($000) 		Proceeds
from
Securities
Sold
($000) 		Realized
Net Gain
(Loss)
($000) 		Change in
Unrealized
App. (Dep.)
($000) 		Income
($000) 		Capital Gain
Distributions
Received
($000) 		Jun. 30, 2021
Market Value
($000)
Vanguard Market Liquidity Fund 547,353 NA1 NA1 — — 364 — 754,827
Vanguard Short-Term Inflation-Protected Securities Index Fund 179,052 642,734 — — 8,684 10,422 — 830,470
Vanguard Total Bond Market II Index Fund 10,119,894 4,975,388 126,850 (5,080) (345,366) 161,141 100,431 14,617,986
Vanguard Total International Bond Index Fund 4,358,832 459,987 4,733,954 180,656 (265,521) 26,893 6,940 —
Vanguard Total International Bond II Index Fund — 5,969,879 — — (1,076) 2,078 — 5,968,803
Vanguard Total International Stock Index Fund 8,655,791 1,320,997 600,214 29,091 2,152,919 201,816 — 11,558,584
Vanguard Total Stock Market Index Fund 12,917,181 2,470,847 1,245,960 247,218 3,705,270 160,580 — 18,094,556
Total 36,778,103 15,839,832 6,706,978 451,885 5,254,910 563,294 107,371 51,825,226
1 Not applicable—purchases and sales are for temporary cash investment purposes.