Vanguard Portfolio Management

Vanguard Portfolio Management is the second Vanguard-adjacent entity in this cohort at $1.91 trillion (reported 2026-03-31, 3,040 line items). Its biggest positions mirror the Capital Management vehicle almost line-for-line: NVDA, Apple, Microsoft, Broadcom, Alphabet (both classes), Amazon, Meta, plus Exxon and LLY as diversifiers. The previous filing is not yet reconciled in 13F Insight's database, so the Q1-over-Q1 comparison is limited to naming pattern. The close structural resemblance between the two Vanguard entities is by design — they sit in different SPV wrappers but draw from the same underwriting and indexing engine.