VANGUARD CAPITAL MANAGEMENT LLC

13F equity value

$4.68T

Positions

4,092

Top 10 concentration

32.6%

Quarters / total new picks

0 / 0

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not enough history Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

This manager has only 0 evaluable quarters in its current filing history, below our eight-quarter minimum. The holdings and AUM below are current, but we do not assign a copy-trading verdict until enough post-publication returns exist.

Avg 2Q excess

—

t-stat

—

Quarterly win rate

—

Annualized excess

—

$1 → follow vs universe

$1.00 vs $1.00

Cumulative return: $1 invested in new picks vs universe

Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 4092 · 2026 Q2

Ticker	Value	Weight	QoQ
NVDA	$308.3B	6.6%	HOLD
AAPL	$277.5B	5.9%	HOLD
MSFT	$181.0B	3.9%	HOLD
AMZN	$151.5B	3.2%	HOLD
GOOGL	$136.9B	2.9%	HOLD
AVGO	$116.8B	2.5%	HOLD
GOOG	$108.5B	2.3%	HOLD
MU	$85.0B	1.8%	HOLD
META	$80.8B	1.7%	HOLD
TSLA	$77.4B	1.7%	HOLD
LLY	$64.2B	1.4%	HOLD
AMD	$61.9B	1.3%	HOLD
BRK/B	$59.2B	1.3%	HOLD
JPM	$52.9B	1.1%	TRIM −2%
JNJ	$39.9B	0.9%	HOLD
INTC	$39.8B	0.9%	HOLD
AMAT	$37.5B	0.8%	HOLD
XONA.DE	$37.0B	0.8%	HOLD
V	$36.4B	0.8%	HOLD
LRCX	$35.4B	0.8%	HOLD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q2

ABSI ACT AEO AGX ALTI AMRC AQST ARM BDTX BNL BNTX BVFL BYND CARS CIB CLBT CNO COR DC DH DTI EH ELA ELVN EPRT EQH ETOR EU EW FDMT

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.