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Asset manager

Vaughan Nelson Investment Management, L.P.

13F for the quarter to June 30, 2026, filed July 16, 2026 · SEC CIK 1021642

Reported value
$11.3bn
95% in companies we cover
Positions we cover
187
Largest NVDA 3.0%
Copy, a year
+13.2%
S&P 500 +13.8%
Copy Sharpe ratio
0.68
S&P 500 0.76

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $55.3k$51.7k
CopyS&P 500 $10,000 copying Vaughan Nelson Investment Management, L.P.'s filed holdings in companies we cover from August 2, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −35.6% (S&P 500 −31.8%); beta 1.04; alpha −0.7% a year (t = −0.47); last 12 months +13.7% against +12.1%.

Reported value by quarter

Vaughan Nelson Investment Management, L.P.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $5B $10B $15B Reported value, 2013-06-30: $5.3B Reported value, 2013-09-30: $5.9B Reported value, 2013-12-31: $6.4B Reported value, 2014-03-31: $6.6B Reported value, 2014-06-30: $7B Reported value, 2014-09-30: $6.7B Reported value, 2014-12-31: $6.9B Reported value, 2015-03-31: $6.6B Reported value, 2015-06-30: $7.1B Reported value, 2015-09-30: $7B Reported value, 2015-12-31: $7.8B Reported value, 2016-03-31: $7.9B Reported value, 2016-06-30: $7.9B Reported value, 2016-09-30: $8.4B Reported value, 2016-12-31: $8.5B Reported value, 2017-03-31: $8.5B Reported value, 2017-06-30: $8.4B Reported value, 2017-09-30: $8.4B Reported value, 2017-12-31: $8.6B Reported value, 2018-03-31: $8.2B Reported value, 2018-06-30: $8.4B Reported value, 2018-09-30: $8.6B Reported value, 2018-12-31: $7B Reported value, 2019-03-31: $7.5B Reported value, 2019-06-30: $7.5B Reported value, 2019-09-30: $7.5B Reported value, 2019-12-31: $8B Reported value, 2020-03-31: $5.9B Reported value, 2020-06-30: $7B Reported value, 2020-09-30: $7.2B Reported value, 2020-12-31: $8.5B Reported value, 2021-03-31: $9.4B Reported value, 2021-06-30: $9.9B Reported value, 2021-09-30: $9.8B Reported value, 2021-12-31: $9.8B Reported value, 2022-03-31: $8.8B Reported value, 2022-06-30: $7.4B Reported value, 2022-09-30: $6.9B Reported value, 2022-12-31: $7.7B Reported value, 2023-03-31: $8.1M Reported value, 2023-06-30: $9M Reported value, 2023-09-30: $8.9M Reported value, 2023-12-31: $10M Reported value, 2024-03-31: $11.4M Reported value, 2024-06-30: $10.8M Reported value, 2024-09-30: $11.2M Reported value, 2024-12-31: $10.8M Reported value, 2025-03-31: $10M Reported value, 2025-06-30: $10.7B Reported value, 2025-09-30: $11B Reported value, 2025-12-31: $10.2B Reported value, 2026-03-31: $10B Reported value, 2026-06-30: $11.3B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $11.3B
View chart data
Period Reported value
2013-06-30 $5.3B
2013-09-30 $5.9B
2013-12-31 $6.4B
2014-03-31 $6.6B
2014-06-30 $7B
2014-09-30 $6.7B
2014-12-31 $6.9B
2015-03-31 $6.6B
2015-06-30 $7.1B
2015-09-30 $7B
2015-12-31 $7.8B
2016-03-31 $7.9B
2016-06-30 $7.9B
2016-09-30 $8.4B
2016-12-31 $8.5B
2017-03-31 $8.5B
2017-06-30 $8.4B
2017-09-30 $8.4B
2017-12-31 $8.6B
2018-03-31 $8.2B
2018-06-30 $8.4B
2018-09-30 $8.6B
2018-12-31 $7B
2019-03-31 $7.5B
2019-06-30 $7.5B
2019-09-30 $7.5B
2019-12-31 $8B
2020-03-31 $5.9B
2020-06-30 $7B
2020-09-30 $7.2B
2020-12-31 $8.5B
2021-03-31 $9.4B
2021-06-30 $9.9B
2021-09-30 $9.8B
2021-12-31 $9.8B
2022-03-31 $8.8B
2022-06-30 $7.4B
2022-09-30 $6.9B
2022-12-31 $7.7B
2023-03-31 $8.1M
2023-06-30 $9M
2023-09-30 $8.9M
2023-12-31 $10M
2024-03-31 $11.4M
2024-06-30 $10.8M
2024-09-30 $11.2M
2024-12-31 $10.8M
2025-03-31 $10M
2025-06-30 $10.7B
2025-09-30 $11B
2025-12-31 $10.2B
2026-03-31 $10B
2026-06-30 $11.3B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NVDANVIDIA Corporation2.98%$336.5m1.68M−4.1% Reduced
LLYLilly (Eli)2.53%$286.1m238.5K−4.9% Reduced
GOOGLAlphabet Inc. (Class A)2.52%$284.8m797.1K−4.2% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD2.04%$230.9m483.6K−5.2% Reduced
AAPLApple Inc.1.85%$209.8m725.0K−3.6% Reduced
MPWRMonolithic Power Systems, Inc.1.77%$200.4m145.0K+4.0% Added
CMICummins1.63%$184.0m257.9K−3.9% Reduced
NUENucor1.47%$166.6m747.8K−12.2% Reduced
AMZNAmazon1.47%$166.5m698.6K−3.1% Reduced
ETNEaton Corporation1.45%$164.4m385.9K+6.1% Added
VMIValmont Industries Inc1.26%$142.9m247.5K−2.0% Reduced
URIUnited Rentals1.25%$141.2m124.7K−4.8% Reduced
SANMSanmina Corp1.22%$138.4m546.7K−28.3% Reduced
JPMJPMorgan Chase1.17%$132.0m403.3K−3.4% Reduced
AMATApplied Materials1.11%$125.6m173.7K−13.8% Reduced
SXTSensient Technologies Corp1.10%$124.6m1.01M+12.0% Added
CWKCushman & Wakefield Ltd.1.10%$123.9m9.25M+2.3% Added
SCHWCharles Schwab Corporation1.09%$123.4m1.34M−2.7% Reduced
CSLCarlisle Companies Inc1.08%$122.7m338.3K+17.0% Added
VVisa Inc.1.07%$121.5m354.1K−4.8% Reduced
RVTYRevvity1.06%$120.2m1.08M+134.2% Added
GATXGatx Corp1.01%$113.9m642.9K+7.6% Added
ROSTRoss Stores1.00%$112.9m530.3K+1.4% Added
ILMNIllumina, Inc.0.99%$112.1m637.7K−26.2% Reduced
COKECoca-cola Consolidated, Inc.0.94%$105.8m554.1K+24.9% Added
GTXGarrett Motion Inc.0.93%$105.7m2.92MNew
SNPSSynopsys Inc0.92%$104.1m233.4K−4.8% Reduced
MRVLMarvell Technology0.92%$103.8m348.3K−26.2% Reduced
JBTMJBT Marel Corp0.91%$103.2m711.8K+7.1% Added
CLHClean Harbors Inc0.91%$102.3m342.4K−11.4% Reduced
HUBBHubbell Incorporated0.87%$98.6m188.5K+0.9% Added
SHOPShopify Inc.0.84%$95.2m834.0K−17.1% Reduced
WRBYWarby Parker Inc.0.83%$94.3m3.11M+2.6% Added
VVVValvoline Inc0.82%$92.7m2.34M−18.6% Reduced
VMCVulcan Materials Company0.81%$91.0m308.5K+0.4%
SIGISelective Insurance Group Inc0.80%$90.3m931.3K+100.6% Added
QQnity Electronics, Inc.0.77%$87.5m535.9KNew
SNDKSandisk0.77%$86.6m38.1K−33.5% Reduced
BURLBurlington Stores, Inc.0.76%$86.0m271.5K−20.8% Reduced
APAMArtisan Partners Asset Management Inc.0.75%$85.2m2.47M−4.7% Reduced
EVRGEvergy0.74%$84.1m972.5K+0.5% Added
LNTAlliant Energy0.74%$83.8m1.10M+0.5% Added
MGMMGM Resorts0.74%$83.6m1.75MNew
BABoeing0.73%$82.9m383.0K−6.1% Reduced
ESIElement Solutions Inc0.73%$82.5m1.73M−51.3% Reduced
SRSpire Inc0.73%$82.1m1.05M+23.4% Added
HXLHexcel Corp0.72%$82.0m819.2K+41.2% Added
THGHanover Insurance Group, Inc.0.70%$79.8m372.5K+126.2% Added
WECWEC Energy Group0.70%$79.7m682.6K+0.5% Added
CMSCMS Energy0.70%$78.7m1.03M+0.5% Added
CWCurtiss Wright Corp0.69%$77.8m102.7K+8.4% Added
AVTRAvantor, Inc.0.65%$73.2m7.39MNew
BBWIBath & Body Works, Inc.0.64%$72.1m3.12M+9.3% Added
NWNNorthwest Natural Holding Co0.63%$71.6m1.46M+22.8% Added
SOSouthern Company0.63%$71.3m745.4KNew
CFRCullen/frost Bankers, Inc.0.63%$71.1m460.4K+48.5% Added
UUnity Software Inc.0.62%$70.3m2.46MNew
FCFSFirstcash Holdings, Inc.0.62%$69.8m322.8K−32.0% Reduced
FSSFederal Signal Corp0.61%$69.4m540.4K+1.2% Added
HBMHudbay Minerals Inc.0.61%$69.3m2.94M+147.8% Added
HLIHoulihan Lokey, Inc.0.61%$69.0m514.4K+106.8% Added
METAMeta Platforms0.61%$68.6m121.8K−4.7% Reduced
NCLHNorwegian Cruise Line Holdings0.60%$68.5m3.24M+41.8% Added
RCLRoyal Caribbean Group0.58%$66.2m208.5K+136.7% Added
AGNCAGNC Investment Corp.0.58%$65.9m6.05MNew
CCLCarnival Corporation0.57%$65.0m2.28MNew
SSBSouthstate Bank Corp0.57%$65.0m650.4K+46.5% Added
MLIMueller Industries Inc0.57%$64.3m523.3K−25.5% Reduced
AMRZAmrize Ltd0.57%$64.1m1.20M−5.5% Reduced
HWMHowmet Aerospace0.56%$63.0m234.5K+0.9% Added
OKTAOkta, Inc.0.54%$61.2m448.7KNew
SNSharkninja, Inc.0.53%$60.4m396.7K+0.5% Added
CRCrane Co0.52%$58.6m262.7K+5.9% Added
GKOSGlaukos Corp0.51%$58.2m416.2KNew
MCHPMicrochip Technology Inc0.51%$57.4m628.9K−11.1% Reduced
LTHLife Time Group Holdings, Inc.0.51%$57.1m1.40MNew
GBCIGlacier Bancorp, Inc.0.49%$55.8m1.08M+45.5% Added
ARAntero Resources Corp0.49%$55.7m1.59M+10.0% Added
COHRCoherent Corp.0.49%$55.6m141.0K−2.0% Reduced
FFBCFirst Financial Bancorp0.49%$55.5m1.64M+34.3% Added
ONBOLD National Bancorp0.49%$55.0m2.12M+41.3% Added
COLBColumbia Banking System, Inc.0.48%$54.9m1.71M+39.0% Added
ABCBAmeris Bancorp0.48%$54.8m607.6K+12.1% Added
FLSFlowserve Corp0.48%$54.3m732.8K+4.8% Added
AZOAutoZone0.48%$54.2m17.0K+110.2% Added
WSFSWsfs Financial Corp0.48%$54.1m705.1K+34.5% Added
WTFCWintrust Financial Corp0.48%$54.1m336.4K+36.4% Added
FTITechnipFMC plc0.48%$53.9m813.1K−29.5% Reduced
NVTnVent Electric plc0.47%$53.5m315.3KNew
ACHCAcadia Healthcare Company, Inc.0.47%$53.4m1.81M−1.7% Reduced
ATIATI Inc0.47%$53.1m269.2K−29.6% Reduced
UBSIUnited Bankshares Inc0.46%$52.2m1.14M+36.9% Added
UMBFUMB Financial Corp0.46%$52.0m364.3K+23.5% Added
UCBUnited Community Banks Inc0.45%$50.3m1.43M+32.2% Added
BWXTBWX Technologies, Inc.0.44%$49.7m255.1K+40.1% Added
RRRRed Rock Resorts, Inc.0.44%$49.4m758.8K+16.6% Added
ROADConstruction Partners, Inc.0.43%$48.2m406.0K+0.9% Added
NSITInsight Enterprises Inc0.42%$47.4m388.8KNew
FAFFirst American Financial Corp0.41%$46.5m677.8KNew
RRXRegal Rexnord Corp0.40%$45.5m190.9KNew
TOLToll Brothers, Inc.0.39%$44.6m270.7K+0.9% Added
TTITetra Technologies Inc0.39%$44.0m3.88M+41.4% Added
SLBSchlumberger0.38%$43.2m930.1K+0.6% Added
BKRBaker Hughes0.38%$43.0m774.5K+6.7% Added
GEGE Aerospace0.38%$42.8m114.5K−5.3% Reduced
VICRVicor Corp0.38%$42.7m112.4KNew
LUMNLumen Technologies, Inc.0.37%$42.0m5.47M+3.3% Added
AROCArchrock, Inc.0.36%$41.3m1.02M−59.4% Reduced
CIENCiena0.34%$38.7m78.9K+41.7% Added
GNRCGenerac0.34%$38.4m131.1KNew
HONHoneywell Technologies0.34%$37.9m169.3KNew
XPOXPO, Inc.0.33%$37.1m180.9K+4.0% Added
PBProsperity Bancshares Inc0.33%$37.0m506.7K−18.4% Reduced
HONAHoneywell Aerospace0.33%$36.9m166.9KNew
PHParker Hannifin0.32%$36.2m37.0K−14.3% Reduced
ROKRockwell Automation0.32%$35.9m72.5K+0.9% Added
HCCWarrior MET Coal, Inc.0.32%$35.8m440.8KNew
RUSHARush Enterprises Inc \tx\0.31%$35.5m485.7K−12.4% Reduced
PLABPhotronics Inc0.31%$34.8m1.07M−9.6% Reduced
FNFabrinet0.30%$34.5m61.3K+111.8% Added
AMEAmetek0.30%$34.4m142.0K+1.0% Added
AGXArgan Inc0.28%$31.2m39.0K−25.1% Reduced
GEVGE Vernova0.27%$30.8m26.2K+0.8% Added
PRPermian Resources Corp0.27%$30.2m1.64M−45.1% Reduced
RKTRocket Companies, Inc.0.26%$29.9m1.90M−17.9% Reduced
EXCExelon0.26%$29.1m624.6KNew
HWKNHawkins Inc0.25%$28.4m199.8K−36.6% Reduced
DHID. R. Horton0.24%$27.0m165.9K+0.9% Added
WCCWesco International Inc0.23%$26.2m75.8K−81.3% Reduced
EMBJEmbraer S.a.0.23%$25.7m403.2K+10.3% Added
GAPGAP Inc0.23%$25.7m1.37M+0.9% Added
HBANHuntington Bancshares0.22%$25.2m1.42M+0.8% Added
MTDRMatador Resources Co0.20%$22.8m458.7K−54.8% Reduced
NENoble Corp plc0.19%$21.8m583.6K−49.6% Reduced
GMEDGlobus Medical Inc0.19%$21.5m271.5KNew
CMCCommercial Metals Co0.18%$20.0m318.9K−51.6% Reduced
LFUSLittelfuse Inc0.17%$18.8m41.4KNew
MELIMercadolibre Inc0.15%$16.7m9.8K+221.0% Added
AAgilent Technologies0.13%$14.4m108.5K−47.7% Reduced
ZIONZions Bancorporation, National Association0.13%$14.3m206.4K+0.5% Added
WALWestern Alliance Bancorporation0.12%$13.4m162.7K+0.6% Added
SAIASaia Inc0.11%$12.1m28.8KNew
TDGTransDigm Group0.10%$11.1m8.3K+6.4% Added
BROBrown & Brown0.09%$10.5m163.3K+46.7% Added
BAMBrookfield Asset Management Ltd.0.09%$9.7m217.3KNew
WABWabtec0.08%$9.0m33.6K+0.1%
KOSKosmos Energy Ltd.0.07%$8.5m4.01M0.0%
EOGEOG Resources0.07%$7.7m59.6K−0.8% Reduced
TBBBBBB Foods Inc0.06%$7.2m173.3KNew
AZNAstrazeneca PLC0.02%$2.5m13.0K+25.3% Added
CompanyBought (value)Shares
GTXGarrett Motion Inc.$105.7m2.92M
QQnity Electronics, Inc.$87.5m535.9K
MGMMGM Resorts$83.6m1.75M
AVTRAvantor, Inc.$73.2m7.39M
SOSouthern Company$71.3m745.4K
UUnity Software Inc.$70.3m2.46M
RVTYRevvity$68.9m619.0K
AGNCAGNC Investment Corp.$65.9m6.05M
CCLCarnival Corporation$65.0m2.28M
OKTAOkta, Inc.$61.2m448.7K
GKOSGlaukos Corp$58.2m416.2K
LTHLife Time Group Holdings, Inc.$57.1m1.40M
NVTnVent Electric plc$53.5m315.3K
NSITInsight Enterprises Inc$47.4m388.8K
FAFFirst American Financial Corp$46.5m677.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
LECOLincoln Electric Holdings Inc−$199.4m−800.5K
WCCWesco International Inc−$113.6m−328.9K
ESIElement Solutions Inc−$87.0m−1.82M
ICEIntercontinental Exchange−$78.6m−499.7K
FCNFTI Consulting, Inc−$75.9m−429.5K
HIIHuntington Ingalls Industries−$69.8m−183.7K
MURMurphy OIL Corp−$65.3m−1.58M
NFGNational Fuel GAS Co−$63.9m−679.7K
AROCArchrock, Inc.−$60.5m−1.49M
ALGAlamo Group Inc−$59.1m−358.4K
IFFInternational Flavors & Fragrances−$56.9m−784.6K
SANMSanmina Corp−$54.6m−215.6K
EXPEagle Materials Inc−$53.3m−281.6K
MDUMDU Resources Group Inc−$52.5m−2.53M
OCOwens Corning−$45.9m−423.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
LECOLincoln Electric Holdings Inc$199.4m800.5K
ICEIntercontinental Exchange$78.6m499.7K
FCNFTI Consulting, Inc$75.9m429.5K
HIIHuntington Ingalls Industries$69.8m183.7K
MURMurphy OIL Corp$65.3m1.58M
NFGNational Fuel GAS Co$63.9m679.7K
ALGAlamo Group Inc$59.1m358.4K
IFFInternational Flavors & Fragrances$56.9m784.6K
EXPEagle Materials Inc$53.3m281.6K
MDUMDU Resources Group Inc$52.5m2.53M
OCOwens Corning$45.9m423.8K
HLIOHelios Technologies, Inc.$44.8m693.1K
MTHMeritage Homes Corp$41.8m675.8K
MASMasco$38.4m635.3K
CSWCSW Industrials, Inc.$37.0m141.9K
IBPInstalled Building Products, Inc.$35.5m134.0K
ALLEAllegion$22.3m153.5K
HRIHerc Holdings Inc$16.2m162.8K
TLNTalen Energy Corp$14.7m46.1K
VRTVertiv$13.8m54.9K
STAGStag Industrial, Inc.$7.0m195.3K
GXOGXO Logistics, Inc.$5.1m98.6K
AXONAxon Enterprise$3.9m9.1K
NUNu Holdings Ltd.$2.4m164.1K
DDominion Energy$284,3724.6K
RSGRepublic Services$29,568135
BJBj's Wholesale Club Holdings, Inc.$29,034295
FITBFifth Third Bancorp$20,349438
AEOAmerican Eagle Outfitters Inc$18,8711.1K
SYFSynchrony Financial$17,685260
  • Industrials23.5%
  • Technology20.0%
  • Financials15.9%
  • Consumer Discretionary12.4%
  • Health Care7.0%
  • Materials6.0%
  • Utilities5.4%
  • Energy3.8%
  • Communication Services3.7%
  • Real Estate1.2%
  • Consumer Staples1.1%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 2, 2013 to November 2, 2026+13.2%+13.8%0.680.76−35.6%1.04
2018 onwardsJanuary 5, 2018 to November 2, 2026+12.0%+13.9%0.530.66−35.6%1.04
Last three yearsNovember 3, 2023 to November 2, 2026+15.9%+21.8%0.731.16−22.7%1.02
Last yearNovember 7, 2025 to November 2, 2026+14.6%+14.2%0.790.84−9.3%0.84

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.