VANGUARD MARKET NEUTRAL FUND

S000019457VANGUARD MONTGOMERY FUNDSCIK 0001409957

Share classes

2 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000054090	VMNFX	NOT_LISTED	not exchange-listed	—
C000054091	VMNIX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-28

Report date: 2026-03-31
Net assets: $431,570,366.17
Total assets: $874,302,314.82
Total liabilities: $442,731,948.65
Assets invested: $0
Cash not reported in C or D: $420,869,536.72
Amendment: No
Accession: 0001409957-26-000033

By asset category

N-PORT Item C.4.a

STIVShort-term investment veh…$10.35M104.8%

ECEquity - common-$477.9K-4.8%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$9.87M100.0%

By issuer category

By investment country

as filed

USUS$9.87M100.0%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 68.7% of reported value reaches a classification.

Equity · Information Technology(82)$20.77M210.5%

Not resolved to the master(8)$9.99M101.2%

Equity · Communication Services(17)$3.19M32.3%

Equity · Materials(32)$3.12M31.6%

Equity · Utilities(21)$1.62M16.5%

Equity · Consumer Discretionary(72)$1.56M15.8%

Equity(3)$733.0K7.4%

Equity · Financials(101)$201.8K2.0%

Alternative · Digital Asset(2)-$1.41M-14.2%

Equity · Health Care(83)-$1.97M-20.0%

Equity · Real Estate(44)-$2.34M-23.7%

Equity · Energy(23)-$3.37M-34.1%

Equity · Consumer Staples(18)-$4.66M-47.2%

Resolved, not yet classified(16)-$6.90M-69.9%

Equity · Industrials(76)-$10.67M-108.2%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($9.87M), not of the fund’s net assets ($431.57M). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

598 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▲	Country
Fastly Inc FASTLY INC -CL A	FSLY	31188V100 US31188V1008	EC CORP	61,848 NS	$1.80M	0.416%	US
Amalgamated Financial Corp AMALGAMATED FINA	AMAL	022671101 US0226711010	EC CORP	46,711 NS	$1.82M	0.421%	US
Travere Therapeutics Inc TRAVERE THERAPEU	TVTX	89422G107 US89422G1076	EC CORP	61,726 NS	$1.83M	0.425%	US
CNO Financial Group Inc CNO FINANCIAL GR	CNO	12621E103 US12621E1038	EC CORP	44,764 NS	$1.84M	0.426%	US
Coherent Corp COHERENT CORP	COHR	19247G107 US19247G1076	EC CORP	7,834 NS	$1.87M	0.432%	US
Ambarella Inc AMBARELLA INC	AMBA	G037AX101 KYG037AX1015	EC CORP	36,445 NS	$1.88M	0.435%	US
National Vision Holdings Inc NATIONAL VISION	EYE	63845R107 US63845R1077	EC CORP	72,907 NS	$1.89M	0.438%	US
American States Water Co AMER STATES WATE	AWR	029899101 US0298991011	EC CORP	25,058 NS	$1.89M	0.439%	US
Essent Group Ltd ESSENT GROUP LTD	ESNT	G3198U102 BMG3198U1027	EC CORP	32,890 NS	$1.92M	0.445%	US
M/I Homes Inc M/I HOMES INC	MHO	55305B101 US55305B1017	EC CORP	15,730 NS	$1.93M	0.446%	US
Albemarle Corp ALBEMARLE CORP	ALB	012653101 US0126531013	EC CORP	10,738 NS	$1.93M	0.447%	US
Century Aluminum Co CENTURY ALUMINUM	CENX	156431108 US1564311082	EC CORP	33,574 NS	$1.97M	0.457%	US
Carnival Corp CARNIVAL CORP	—	143658300 PA1436583006	EC CORP	76,685 NS	$1.98M	0.460%	US
Appian Corp APPIAN CORP-A	APPN	03782L101 US03782L1017	EC CORP	83,929 NS	$2.02M	0.469%	US
REGENXBIO Inc REGENXBIO INC	RGNX	75901B107 US75901B1070	EC CORP	241,853 NS	$2.03M	0.470%	US
Heritage Insurance Holdings Inc HERITAGE INSURAN	HRTG	42727J102 US42727J1025	EC CORP	77,749 NS	$2.04M	0.473%	US
Etsy Inc ETSY INC	ETSY	29786A106 US29786A1060	EC CORP	41,117 NS	$2.06M	0.476%	US
Comfort Systems USA Inc COMFORT SYSTEMS	FIX	199908104 US1999081045	EC CORP	1,496 NS	$2.06M	0.478%	US
ATI Inc ATI INC	ATI	01741R102 US01741R1023	EC CORP	14,580 NS	$2.12M	0.491%	US
Teladoc Health Inc TELADOC HEALTH I	TDOC	87918A105 US87918A1051	EC CORP	389,431 NS	$2.12M	0.492%	US
Peabody Energy Corp PEABODY ENERGY	BTU	704551100 US7045511000	EC CORP	64,990 NS	$2.14M	0.496%	US
NETGEAR Inc NETGEAR INC	NTGR	64111Q104 US64111Q1040	EC CORP	98,242 NS	$2.15M	0.497%	US
Covista Inc COVISTA INC	CVSA	00737L103 US00737L1035	EC CORP	18,706 NS	$2.16M	0.500%	US
Bloomin' Brands Inc BLOOMIN' BRANDS	BLMN	094235108 US0942351083	EC CORP	402,765 NS	$2.17M	0.504%	US
Freeport-McMoRan Inc FREEPORT-MCMORAN	FCX	35671D857 US35671D8570	EC CORP	37,889 NS	$2.23M	0.516%	US
Highwoods Properties Inc HIGHWOODS PROP	HIW	431284108 US4312841087	EC CORP	104,261 NS	$2.23M	0.517%	US
BJ's Restaurants Inc BJ'S RESTAURANTS	BJRI	09180C106 US09180C1062	EC CORP	63,793 NS	$2.24M	0.519%	US
BankUnited Inc BANKUNITED INC	BKU	06652K103 US06652K1034	EC CORP	49,602 NS	$2.24M	0.519%	US
Vir Biotechnology Inc VIR BIOTECHNOLOG	VIR	92764N102 US92764N1028	EC CORP	250,539 NS	$2.24M	0.520%	US
Cavco Industries Inc CAVCO INDUSTRIES	CVCO	149568107 US1495681074	EC CORP	4,668 NS	$2.26M	0.524%	US
Progressive Corp/The PROGRESSIVE CORP	PGR	743315103 US7433151039	EC CORP	11,450 NS	$2.27M	0.526%	US
RenaissanceRe Holdings Ltd RENAISSANCERE	RNR	G7496G103 BMG7496G1033	EC CORP	7,662 NS	$2.28M	0.528%	US
Ross Stores Inc ROSS STORES INC	ROST	778296103 US7782961038	EC CORP	10,720 NS	$2.32M	0.538%	US
Red Rock Resorts Inc RED ROCK RESOR-A	RRR	75700L108 US75700L1089	EC CORP	43,534 NS	$2.32M	0.538%	US
Kaiser Aluminum Corp KAISER ALUMINUM	KALU	483007704 US4830077040	EC CORP	19,871 NS	$2.39M	0.555%	US
Primoris Services Corp PRIMORIS SERVICE	PRIM	74164F103 US74164F1030	EC CORP	17,062 NS	$2.44M	0.566%	US
NRG Energy Inc NRG ENERGY	NRG	629377508 US6293775085	EC CORP	16,795 NS	$2.45M	0.569%	US
Tapestry Inc TAPESTRY INC	TPR	876030107 US8760301072	EC CORP	17,504 NS	$2.47M	0.572%	US
BWX Technologies Inc BWX TECHNOLOGIES	BWXT	05605H100 US05605H1005	EC CORP	12,175 NS	$2.49M	0.577%	US
OFG Bancorp OFG BANCORP	OFG	67103X102 PR67103X1020	EC CORP	62,216 NS	$2.52M	0.583%	US
Universal Health Services Inc UNIVERSAL HLTH-B	UHS	913903100 US9139031002	EC CORP	14,138 NS	$2.53M	0.586%	US
Phillips Edison & Co Inc PHILLIPS EDISON	PECO	71844V201 US71844V2016	EC CORP	68,079 NS	$2.55M	0.590%	US
National Fuel Gas Co NATL FUEL GAS CO	NFG	636180101 US6361801011	EC CORP	27,132 NS	$2.55M	0.591%	US
SkyWest Inc SKYWEST INC	SKYW	830879102 US8308791024	EC CORP	27,903 NS	$2.56M	0.594%	US
Arvinas Inc ARVINAS INC	ARVN	04335A105 US04335A1051	EC CORP	244,350 NS	$2.59M	0.600%	US
Brixmor Property Group Inc BRIXMOR PROPERTY	BRX	11120U105 US11120U1051	EC CORP	90,441 NS	$2.60M	0.604%	US
Expedia Group Inc EXPEDIA GROUP IN	EXPE	30212P303 US30212P3038	EC CORP	11,546 NS	$2.67M	0.618%	US
NMI Holdings Inc NMI HOLDINGS INC	NMIH	629209305 US6292093050	EC CORP	71,505 NS	$2.68M	0.621%	US
Horizon Bancorp Inc/IN HORIZON BANCORP	HBNC	440407104 US4404071049	EC CORP	161,952 NS	$2.68M	0.622%	US
Cousins Properties Inc COUSINS PROP	CUZ	222795502 US2227955026	EC CORP	119,858 NS	$2.71M	0.627%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▲

Country

Fastly Inc

FASTLY INC -CL A

FSLY

31188V100

US31188V1008

CORP

61,848 NS

$1.80M

0.416%

Amalgamated Financial Corp

AMALGAMATED FINA

AMAL

022671101

US0226711010

CORP

46,711 NS

$1.82M

0.421%

Travere Therapeutics Inc

TRAVERE THERAPEU

TVTX

89422G107

US89422G1076

CORP

61,726 NS

$1.83M

0.425%

CNO Financial Group Inc

CNO FINANCIAL GR

CNO

12621E103

US12621E1038

CORP

44,764 NS

$1.84M

0.426%

Coherent Corp

COHERENT CORP

COHR

19247G107

US19247G1076

CORP

7,834 NS

$1.87M

0.432%

Ambarella Inc

AMBARELLA INC

AMBA

G037AX101

KYG037AX1015

CORP

36,445 NS

$1.88M

0.435%

National Vision Holdings Inc

NATIONAL VISION

EYE

63845R107

US63845R1077

CORP

72,907 NS

$1.89M

0.438%

American States Water Co

AMER STATES WATE

AWR

029899101

US0298991011

CORP

25,058 NS

$1.89M

0.439%

Essent Group Ltd

ESSENT GROUP LTD

ESNT

G3198U102

BMG3198U1027

CORP

32,890 NS

$1.92M

0.445%

M/I Homes Inc

M/I HOMES INC

MHO

55305B101

US55305B1017

CORP

15,730 NS

$1.93M

0.446%

Albemarle Corp

ALBEMARLE CORP

ALB

012653101

US0126531013

CORP

10,738 NS

$1.93M

0.447%

Century Aluminum Co

CENTURY ALUMINUM

CENX

156431108

US1564311082

CORP

33,574 NS

$1.97M

0.457%

Carnival Corp

CARNIVAL CORP

—

143658300

PA1436583006

CORP

76,685 NS

$1.98M

0.460%

Appian Corp

APPIAN CORP-A

APPN

03782L101

US03782L1017

CORP

83,929 NS

$2.02M

0.469%

REGENXBIO Inc

REGENXBIO INC

RGNX

75901B107

US75901B1070

CORP

241,853 NS

$2.03M

0.470%

Heritage Insurance Holdings Inc

HERITAGE INSURAN

HRTG

42727J102

US42727J1025

CORP

77,749 NS

$2.04M

0.473%

Etsy Inc

ETSY INC

ETSY

29786A106

US29786A1060

CORP

41,117 NS

$2.06M

0.476%

Comfort Systems USA Inc

COMFORT SYSTEMS

FIX

199908104

US1999081045

CORP

1,496 NS

$2.06M

0.478%

ATI Inc

ATI INC

ATI

01741R102

US01741R1023

CORP

14,580 NS

$2.12M

0.491%

Teladoc Health Inc

TELADOC HEALTH I

TDOC

87918A105

US87918A1051

CORP

389,431 NS

$2.12M

0.492%

Peabody Energy Corp

PEABODY ENERGY

BTU

704551100

US7045511000

CORP

64,990 NS

$2.14M

0.496%

NETGEAR Inc

NETGEAR INC

NTGR

64111Q104

US64111Q1040

CORP

98,242 NS

$2.15M

0.497%

Covista Inc

COVISTA INC

CVSA

00737L103

US00737L1035

CORP

18,706 NS

$2.16M

0.500%

Bloomin' Brands Inc

BLOOMIN' BRANDS

BLMN

094235108

US0942351083

CORP

402,765 NS

$2.17M

0.504%

Freeport-McMoRan Inc

FREEPORT-MCMORAN

FCX

35671D857

US35671D8570

CORP

37,889 NS

$2.23M

0.516%

Highwoods Properties Inc

HIGHWOODS PROP

HIW

431284108

US4312841087

CORP

104,261 NS

$2.23M

0.517%

BJ's Restaurants Inc

BJ'S RESTAURANTS

BJRI

09180C106

US09180C1062

CORP

63,793 NS

$2.24M

0.519%

BankUnited Inc

BANKUNITED INC

BKU

06652K103

US06652K1034

CORP

49,602 NS

$2.24M

0.519%

Vir Biotechnology Inc

VIR BIOTECHNOLOG

VIR

92764N102

US92764N1028

CORP

250,539 NS

$2.24M

0.520%

Cavco Industries Inc

CAVCO INDUSTRIES

CVCO

149568107

US1495681074

CORP

4,668 NS

$2.26M

0.524%

Progressive Corp/The

PROGRESSIVE CORP

PGR

743315103

US7433151039

CORP

11,450 NS

$2.27M

0.526%

RenaissanceRe Holdings Ltd

RENAISSANCERE

RNR

G7496G103

BMG7496G1033

CORP

7,662 NS

$2.28M

0.528%

Ross Stores Inc

ROSS STORES INC

ROST

778296103

US7782961038

CORP

10,720 NS

$2.32M

0.538%

Red Rock Resorts Inc

RED ROCK RESOR-A

RRR

75700L108

US75700L1089

CORP

43,534 NS

$2.32M

0.538%

Kaiser Aluminum Corp

KAISER ALUMINUM

KALU

483007704

US4830077040

CORP

19,871 NS

$2.39M

0.555%

Primoris Services Corp

PRIMORIS SERVICE

PRIM

74164F103

US74164F1030

CORP

17,062 NS

$2.44M

0.566%

NRG Energy Inc

NRG ENERGY

NRG

629377508

US6293775085

CORP

16,795 NS

$2.45M

0.569%

Tapestry Inc

TAPESTRY INC

TPR

876030107

US8760301072

CORP

17,504 NS

$2.47M

0.572%

BWX Technologies Inc

BWX TECHNOLOGIES

BWXT

05605H100

US05605H1005

CORP

12,175 NS

$2.49M

0.577%

OFG Bancorp

OFG BANCORP

OFG

67103X102

PR67103X1020

CORP

62,216 NS

$2.52M

0.583%

Universal Health Services Inc

UNIVERSAL HLTH-B

UHS

913903100

US9139031002

CORP

14,138 NS

$2.53M

0.586%

Phillips Edison & Co Inc

PHILLIPS EDISON

PECO

71844V201

US71844V2016

CORP

68,079 NS

$2.55M

0.590%

National Fuel Gas Co

NATL FUEL GAS CO

NFG

636180101

US6361801011

CORP

27,132 NS

$2.55M

0.591%

SkyWest Inc

SKYWEST INC

SKYW

830879102

US8308791024

CORP

27,903 NS

$2.56M

0.594%

Arvinas Inc

ARVINAS INC

ARVN

04335A105

US04335A1051

CORP

244,350 NS

$2.59M

0.600%

Brixmor Property Group Inc

BRIXMOR PROPERTY

BRX

11120U105

US11120U1051

CORP

90,441 NS

$2.60M

0.604%

Expedia Group Inc

EXPEDIA GROUP IN

EXPE

30212P303

US30212P3038

CORP

11,546 NS

$2.67M

0.618%

NMI Holdings Inc

NMI HOLDINGS INC

NMIH

629209305

US6292093050

CORP

71,505 NS

$2.68M

0.621%

Horizon Bancorp Inc/IN

HORIZON BANCORP

HBNC

440407104

US4404071049

CORP

161,952 NS

$2.68M

0.622%

Cousins Properties Inc

COUSINS PROP

CUZ

222795502

US2227955026

CORP

119,858 NS

$2.71M

0.627%