NPORT-P false 0000857490 XXXXXXXX S000004401 C000012157 VANGUARD VARIABLE INSURANCE FUNDS 811-05962 0000857490 549300N9FZ0B1IR95761 100 Vanguard Boulevard Malvern 19355 610-669-1000 GROWTH PORTFOLIO S000004401 8GPO0HVVK2EH3X06HD40 2020-12-31 2020-12-31 N 1252839576.57 3442412.96 1249397163.61 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 2554647.03000000 N Equinix Inc 549300EVUN2BTLJ3GT74 29444U700 3877.00000000 NS USD 2768875.86000000 0.221616947808 Long EC CORP US N 1 N N N Waste Management Inc 549300YX8JIID70NFS41 94106L109 154829.00000000 NS USD 18258983.97000000 1.461423517021 Long EC CORP US N 1 N N N ABIOMED Inc 5493001EZN4ZTB4Z5887 003654100 25260.00000000 NS USD 8189292.00000000 0.655459467855 Long EC CORP US N 1 N N N Penumbra Inc 549300RGE06P3ECANU72 70975L107 15301.00000000 NS USD 2677675.00000000 0.214317358642 Long EC CORP US N 1 N N N Uber Technologies Inc 549300B2FTG34FILDR98 90353T100 806650.00000000 NS USD 41139150.00000000 3.292719977139 Long EC CORP US N 1 N N N S&P Global Inc Y6X4K52KMJMZE7I7MY94 78409V104 10388.00000000 NS USD 3414847.24000000 0.273319592797 Long EC CORP US N 1 N N N Match Group Inc/old 549300BIJKT86CPCKK96 57667L107 185120.00000000 NS USD 27988292.80000000 2.240143776149 Long EC CORP US N 1 N N N Markel Corp 549300SCNO12JLWIK605 570535104 3402.00000000 NS USD 3515286.60000000 0.281358618571 Long EC CORP US N 1 N N N Canadian National Railway Co 3SU7BEP7TH9YEQOZCS77 136375102 43103.00000000 NS USD 4734864.55000000 0.378971930456 Long EC CORP US N 1 N N N Airbnb Inc 549300HMUDNO0RY56D37 N/A 19944.00000000 NS USD 2635001.28000000 0.210901813830 Long EP CORP US N 2 N N N KKR & Co Inc 549300JOHU21WRN2Z451 48251W104 411289.00000000 NS USD 16653091.61000000 1.332890140544 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 362622.00000000 NS USD 48116313.18000000 3.851162351047 Long EC CORP US N 1 N N N Lululemon Athletica Inc 549300D9GZ4BMLDW5T40 550021109 11150.00000000 NS USD 3880534.50000000 0.310592549192 Long EC CORP US N 1 N N N Constellation Brands Inc 5493005GKEG8QCVY7037 21036P108 51187.00000000 NS USD 11212512.35000000 0.897433792598 Long EC CORP US N 1 N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 007903107 143166.00000000 NS USD 13129753.86000000 1.050887119197 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 25588.00000000 NS USD 83338324.84000000 6.670282858591 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 412057.00000000 NS USD 91649717.94000000 7.335515127566 Long EC CORP US N 1 N N N ServiceNow Inc 549300HJTQM36M0E1G39 81762P102 64220.00000000 NS USD 35348614.60000000 2.829253629635 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K107 15565.00000000 NS USD 27268012.20000000 2.182493525214 Long EC CORP US N 1 N N N Progressive Corp/The 529900TACNVLY9DCR586 743315103 62319.00000000 NS USD 6162102.72000000 0.493206075656 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 207420.00000000 NS USD 45368976.60000000 3.631269377057 Long EC CORP US N 1 N N N WeWork Property Investors LP N/A 99Z0344K5 1460.00000000 NS USD 5489.60000000 0.000439379899 Long EC CORP US Y 3 N N N Adobe Inc FU4LY2G4933NH2E1CP29 00724F101 53380.00000000 NS USD 26696405.60000000 2.136742933116 Long EC CORP US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 30303M102 71078.00000000 NS USD 19415666.48000000 1.554002765933 Long EC CORP US N 1 N N N IDEX Corp 549300U5Y5EL6PHYLF13 45167R104 6994.00000000 NS USD 1393204.80000000 0.111510161906 Long EC CORP US N 1 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 461202103 14460.00000000 NS USD 5492631.00000000 0.439622496350 Long EC CORP US N 1 N N N IHS Markit Ltd 549300HLPTRASHS0E726 G47567105 61943.00000000 NS USD 5564339.69000000 0.445361959516 Long EC CORP US N 1 N N N Twitter Inc 549300I8RX485XMK6836 90184L102 48846.00000000 NS USD 2645010.90000000 0.211702969803 Long EC CORP US N 1 N N N WeWork Property Investors LP N/A WEWKPFD28 15678.00000000 NS USD 98928.18000000 0.007918073042 Long EP CORP US Y 3 N N N Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1I6HV0TLSTR3A4XQ6L78 N/A 13.19000000 NS USD 1319.00000000 0.000105570913 Long STIV CORP US N 1 N N N Illumina Inc SQ95QG8SR5Q56LSNF682 452327109 63193.00000000 NS USD 23381410.00000000 1.871415325807 Long EC CORP US N 1 N N N Biogen Inc W8J5WZB5IY3K0NDQT671 09062X103 5064.00000000 NS USD 1239971.04000000 0.099245546261 Long EC CORP US N 1 N N N Twilio Inc 5493004W8TRGD63APX93 90138F102 93494.00000000 NS USD 31647719.00000000 2.533039126530 Long EC CORP US N 1 N N N Bank of America Securities, LLC N/A N/A 2800000.00000000 PA USD 2800000.00000000 0.224108080404 Long RA CORP US N 2 Repurchase Y 0.08000000 2021-01-04 2600603.00000000 USD 2856000.62000000 USD AMBS N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 052769106 90462.00000000 NS USD 27621667.08000000 2.210799566743 Long EC CORP US N 1 N N N DraftKings Inc 5493008P45UYYL683Z97 26142R104 114968.00000000 NS USD 5352910.08000000 0.428439429503 Long EC CORP US N 1 N N N ZoomInfo Technologies Inc N/A 98980F104 103701.00000000 NS USD 5001499.23000000 0.400312996993 Long EC CORP US N 1 N N N Equifax Inc 5493004MCF8JDC86VS77 294429105 12102.00000000 NS USD 2333749.68000000 0.186790057475 Long EC CORP US N 1 N N N Ball Corp 0BGI85ALH27ZJP15DY16 058498106 165398.00000000 NS USD 15411785.64000000 1.233537748354 Long EC CORP US N 1 N N N Monolithic Power Systems Inc 529900TB7O85LSZ1XU31 609839105 5104.00000000 NS USD 1869237.92000000 0.149611186454 Long EC CORP US N 1 N N N Tyler Technologies Inc N/A 902252105 10170.00000000 NS USD 4439408.40000000 0.355324033806 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 12109.00000000 NS USD 3216392.58000000 0.257435559618 Long EC CORP US N 1 N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 855244109 147756.00000000 NS USD 15806936.88000000 1.265165100449 Long EC CORP US N 1 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 872540109 119848.00000000 NS USD 8184419.92000000 0.655069513392 Long EC CORP US N 1 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 571748102 35065.00000000 NS USD 4102605.00000000 0.328366761146 Long EC CORP US N 1 N N N Datadog Inc 549300F6JNO0KRPO1K63 23804L103 121386.00000000 NS USD 11949237.84000000 0.956400269508 Long EC CORP US N 1 N N N Microchip Technology Inc 5493007PTFULNYZJ1R12 595017104 67705.00000000 NS USD 9350737.55000000 0.748419943821 Long EC CORP US N 1 N N N Ceridian HCM Holding Inc 549300T64GVCHFJ8L449 15677J108 16463.00000000 NS USD 1754297.28000000 0.140411498528 Long EC CORP US N 1 N N N MarketAxess Holdings Inc 5493002U1CA1XJOVID83 57060D108 6970.00000000 NS USD 3976803.20000000 0.318297761178 Long EC CORP US N 1 N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 09857L108 1416.00000000 NS USD 3153814.32000000 0.252426883288 Long EC CORP US N 1 N N N Seagen Inc N/A 81181C104 20826.00000000 NS USD 3647465.64000000 0.291938043901 Long EC CORP US N 1 N N N NIKE Inc 787RXPR0UX0O0XUXPZ81 654106103 158319.00000000 NS USD 22397388.93000000 1.792655656851 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 70450Y103 189432.00000000 NS USD 44364974.40000000 3.550910446427 Long EC CORP US N 1 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 N/A 17357.00000000 NS USD 4039494.61000000 0.323315493876 Long EC CORP US N 1 N N N O'Reilly Automotive Inc 549300K2RLMQL149Q332 67103H107 6896.00000000 NS USD 3120922.72000000 0.249794285668 Long EC CORP US N 1 N N N WeWork Property Investors LP N/A WEWKPRFD6 19954.00000000 NS USD 125909.74000000 0.010077639334 Long EP CORP US Y 3 N N N FleetCor Technologies Inc 549300DG6RR0NQSFLN74 339041105 38294.00000000 NS USD 10447752.02000000 0.836223446338 Long EC CORP US N 1 N N N Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1I6HV0TLSTR3A4XQ6L78 N/A 30312036.80000000 NS USD 30312036.80000000 2.426132993004 Long STIV CORP US N 1 N N N Boston Scientific Corp Y6ZDD9FP4P8JSSJMW954 101137107 184488.00000000 NS USD 6632343.60000000 0.530843497422 Long EC CORP US N 1 N N N Fidelity National Information Services Inc 6WQI0GK1PRFVBA061U48 31620M106 57648.00000000 NS USD 8154886.08000000 0.652705666182 Long EC CORP US N 1 N N N Airbnb Inc 549300HMUDNO0RY56D37 009066101 58302.00000000 NS USD 8558733.60000000 0.685029056354 Long EC CORP US N 1 N N N Wix.com Ltd 5493008P6N29Q1AG9464 M98068105 56410.00000000 NS USD 14100243.60000000 1.128563759442 Long EC CORP US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 46120E602 24652.00000000 NS USD 20167801.20000000 1.614202576042 Long EC CORP US N 1 N N N Airbus SE MINO79WLOO247M1IL051 N/A 102113.00000000 NS USD 2789727.16000000 0.223285856671 Long EC CORP US N 1 N N N Monster Beverage Corp 52990090AP0E7HCB6F33 61174X109 73932.00000000 NS USD 6837231.36000000 0.547242426919 Long EC CORP US N 1 N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 122017106 19982.00000000 NS USD 5226292.10000000 0.418305103630 Long EC CORP US N 1 N N N salesforce.com Inc RCGZFPDMRW58VJ54VR07 79466L302 56050.00000000 NS USD 12472806.50000000 0.998305972134 Long EC CORP US N 1 N N N TransUnion 549300ZS772LUNUMRB03 89400J107 89918.00000000 NS USD 8921663.96000000 0.714077494319 Long EC CORP US N 1 N N N Edwards Lifesciences Corp YA13X31F3V31L8TMPR58 28176E108 281784.00000000 NS USD 25707154.32000000 2.057564645474 Long EC CORP US N 1 N N N N/A N/A N/A 158.00000000 NC USD 29615520.00000000 2.370384763354 N/A DE N/A N 1 MORGAN STANLEY & CO LLC 9R7GPTSO7KV3UQJZQ078 Long S&P 500 Index SPX 2021-03-19 28940598.00000000 USD 674922.00000000 N N N Square Inc 549300OHIIUWSTIZME52 852234103 49791.00000000 NS USD 10836513.24000000 0.867339350178 Long EC CORP US N 1 N N N Charter Communications Inc 0J0XRGZE3PBRFEZ7MV65 16119P108 41160.00000000 NS USD 27229398.00000000 2.179402898700 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 235851102 7322.00000000 NS USD 1626509.08000000 0.130183509885 Long EC CORP US N 1 N N N Paycom Software Inc 254900LSB0HNJUDC6Q18 70432V102 51328.00000000 NS USD 23213088.00000000 1.857943068553 Long EC CORP US N 1 N N N Coupa Software Inc 549300Q95ICR2GFL2K37 22266L106 52348.00000000 NS USD 17741260.68000000 1.419985669627 Long EC CORP US N 1 N N N Northrop Grumman Corp RIMU48P07456QXSO0R61 666807102 14985.00000000 NS USD 4566229.20000000 0.365474593107 Long EC CORP US N 1 N N N Copart Inc 549300KVYX3JWMYEHU61 217204106 57250.00000000 NS USD 7285062.50000000 0.583086204466 Long EC CORP US N 1 N N N Blackstone Group Inc/The 5299004LW4QWGZUB8Y96 09260D107 53268.00000000 NS USD 3452299.08000000 0.276317185643 Long EC CORP US N 1 N N N Shopify Inc 549300HGQ43STJLLP808 82509L107 2697.00000000 NS USD 3052869.15000000 0.244347373190 Long EC CORP US N 1 N N N CDW Corp/DE 9845001B052ABF0B6755 12514G108 47099.00000000 NS USD 6207177.21000000 0.496813774737 Long EC CORP US N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 64110L106 33699.00000000 NS USD 18222060.27000000 1.458468195761 Long EC CORP US N 1 N N N Global Payments Inc 549300NOMHGVQBX6S778 37940X102 39969.00000000 NS USD 8610121.98000000 0.689142110353 Long EC CORP US N 1 N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 67066G104 15053.00000000 NS USD 7860676.60000000 0.629157551253 Long EC CORP US N 1 N N N Veeva Systems Inc 549300YZEXPDB92M2F02 922475108 51443.00000000 NS USD 14005356.75000000 1.120969148795 Long EC CORP US N 1 N N N Mastercard Inc AR5L2ODV9HN37376R084 57636Q104 122861.00000000 NS USD 43854005.34000000 3.510013198148 Long EC CORP US N 1 N N N Splunk Inc 549300XGDSGBP6UEI867 848637104 31766.00000000 NS USD 5396725.74000000 0.431946373594 Long EC CORP US N 1 N N N Mettler-Toledo International Inc 5493000BD5GJNUDIUG10 592688105 2698.00000000 NS USD 3074856.64000000 0.246107221110 Long EC CORP US N 1 N N N Workday Inc 549300J0DYC0N31V7G13 98138H101 35233.00000000 NS USD 8442179.13000000 0.675700199735 Long EC CORP US N 1 N N N DocuSign Inc 549300Q7PVDWRZ39JG09 256163106 11287.00000000 NS USD 2509100.10000000 0.200824859626 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 26623.00000000 NS USD 9336153.64000000 0.747252668080 Long EC CORP US N 1 N N N JB Hunt Transport Services Inc 549300XCD1MPI1C5GK90 445658107 18160.00000000 NS USD 2481564.00000000 0.198620908729 Long EC CORP US N 1 N N N American Express Co R4PP93JZOLY261QX3811 025816109 65064.00000000 NS USD 7866888.24000000 0.629654722223 Long EC CORP US N 1 N N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 78467J100 132421.00000000 NS USD 9633627.75000000 0.771062079424 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 10575.00000000 NS USD 18534168.00000000 1.483448861565 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 28120.00000000 NS USD 5094781.60000000 0.407779187306 Long EC CORP US N 1 N N N 2021-01-29 VANGUARD VARIABLE INSURANCE FUNDS Christine M. Buchanan Christine M. Buchanan Treasurer