Vaughan David Investments LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Vaughan David Investments LLC reported 215 stock positions worth $4.3 billion. Its top holding was Microsoft (MSFT) at 2.6% of the portfolio, followed by Broadcom (AVGO, 2.0%) and JPMorgan Chase (JPM, 2.0%). Compared with Q4 2024, it opened 9 new positions, sold out of 7, added to 71 and reduced 97. The biggest buy was United Parcel Service Class B (UPS, shares +947%) and the biggest sale Broadcom (AVGO, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- PEORIA, IL
- CIK
- 0001063571
- Portfolio Value
- $4.3B (Q1 2025)
- SEC Filing
- 0001063571-25-000003 ↗ filed May 13, 2025
Holdings Value
Holdings 215 stocks · $4.3B
| MSFT Microsoft Corp. | 2.64% | 300,791 | $112.9M | Reduce -0.2% |
| AVGO Broadcom Inc. | 2.05% | 522,843 | $87.5M | Reduce -4.5% |
| JPM JPMorgan Chase & Co. | 2.02% | 352,291 | $86.4M | Reduce -2.4% |
| DE Deere & Co. | 1.78% | 162,433 | $76.2M | Reduce -3.8% |
| ORCL Oracle Corp. | 1.72% | 526,047 | $73.5M | Reduce -2.4% |
| UNH Unitedhealth Group Inc. | 1.71% | 139,250 | $72.9M | Add +0.1% |
| ABBV Abbvie Inc. | 1.69% | 344,254 | $72.1M | Reduce -2.9% |
| AXP American Express Co. | 1.53% | 242,933 | $65.4M | Reduce -3.6% |
| APO Apollo Global Management Inc. | 1.53% | 476,588 | $65.3M | Reduce -2.6% |
| ETR Entergy Corp. | 1.52% | 759,887 | $65.0M | Reduce -0.8% |
| MRSH Marsh & McLennan Cos | 1.44% | 252,046 | $61.5M | Reduce -0.9% |
| WMB Williams Cos Inc. | 1.40% | 1,002,793 | $59.9M | Reduce -0.9% |
| SPGI S&P Global Inc. | 1.40% | 117,368 | $59.6M | Add +0.1% |
| CSCO Cisco Systems Inc. | 1.37% | 951,173 | $58.7M | Reduce -0.5% |
| T AT&T Inc. | 1.36% | 2,056,789 | $58.2M | Add +1.1% |
| ALL Allstate Corp. | 1.32% | 273,195 | $56.6M | Add +0.1% |
| ABT Abbott Laboratories | 1.32% | 424,324 | $56.3M | Reduce -2.2% |
| CVX Chevron Corp. | 1.27% | 325,682 | $54.5M | Reduce -0.0% |
| COP Conocophillips | 1.26% | 511,645 | $53.7M | Reduce -0.1% |
| WEC WEC Energy Group Inc. | 1.25% | 491,886 | $53.6M | Add +0.6% |
| NI Nisource Inc. | 1.25% | 1,333,318 | $53.5M | Add +0.2% |
| SO The Southern Co. | 1.24% | 578,469 | $53.2M | Add +1.4% |
| PM Philip Morris International | 1.23% | 331,799 | $52.7M | Reduce -2.4% |
| AEP American Electric Power | 1.22% | 477,952 | $52.2M | Add +0.3% |
| BLK BlackRock Inc. | 1.22% | 55,161 | $52.2M | Add +0.8% |
| JNJ Johnson & Johnson | 1.22% | 314,580 | $52.2M | Add +0.8% |
| AMGN Amgen Inc. | 1.22% | 166,792 | $52.0M | Reduce -5.4% |
| PG The Procter & Gamble Co. | 1.21% | 303,317 | $51.7M | Add +0.7% |
| HON Honeywell International Inc. | 1.20% | 243,050 | $51.5M | Add +0.5% |
| RF Regions Financial Corp. | 1.19% | 2,339,719 | $50.8M | Reduce -0.5% |
| DUK Duke Energy Corp. | 1.18% | 414,012 | $50.5M | Add +0.8% |
| ICE Intercontinental Exchange Inc. | 1.18% | 291,477 | $50.3M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 1.17% | 184,646 | $50.2M | Reduce -3.0% |
| NEE Nextera Energy Inc. | 1.16% | 697,537 | $49.4M | Add +1.1% |
| LNT Alliant Energy Corp. | 1.16% | 767,906 | $49.4M | Add +0.6% |
| XEL Xcel Energy Inc. | 1.15% | 693,248 | $49.1M | Add +0.7% |
| DTE DTE Energy Company | 1.14% | 353,240 | $48.8M | Add +1.7% |
| RGA Reinsurance Group of America | 1.13% | 244,324 | $48.1M | Add +0.9% |
| GS Goldman Sachs Group Inc. | 1.11% | 87,175 | $47.6M | Add +0.9% |
| XOM Exxon Mobil Corp. | 1.10% | 396,395 | $47.1M | Add +1.8% |
| CI The Cigna Group | 1.10% | 142,530 | $46.9M | Reduce -1.1% |
| LNG Cheniere Energy Inc. | 1.10% | 202,381 | $46.8M | Reduce -0.7% |
| RMD Resmed Inc. | 1.09% | 208,197 | $46.6M | Add +1.0% |
| HD Home Depot Inc. | 1.08% | 125,702 | $46.1M | Add +0.3% |
| KO The Coca-Cola Co. | 1.07% | 639,626 | $45.8M | Add +0.4% |
| FE Firstenergy Corp. | 1.06% | 1,122,352 | $45.4M | Add +0.9% |
| LRCX Lam Research Corp. | 1.05% | 619,734 | $45.1M | Reduce -0.9% |
| VZ Verizon Communications Inc. | 1.04% | 976,282 | $44.3M | Add +1.6% |
| LECO Lincoln Electric Holdings | 1.02% | 229,539 | $43.4M | Add +0.8% |
| SCI Service Corp. International | 0.99% | 528,687 | $42.4M | Add +0.5% |
| ACN Accenture PLC Class A | 0.98% | 134,867 | $42.1M | Add +0.5% |
| PEP Pepsico Inc. | 0.98% | 280,572 | $42.1M | Add +1.6% |
| EXC Exelon Corp. | 0.98% | 908,572 | $41.9M | Reduce -0.6% |
| DOX Amdocs Ltd. | 0.95% | 444,177 | $40.6M | Add +1.9% |
| EOG EOG Resources Inc. | 0.94% | 313,734 | $40.2M | Add +1.2% |
| KMB Kimberly-Clark Corp. | 0.94% | 282,099 | $40.1M | Add +1.3% |
| APD Air Products & Chemicals Inc. | 0.94% | 135,611 | $40.0M | Add +0.7% |
| LMT Lockheed Martin Corp. | 0.93% | 89,440 | $40.0M | Add +0.8% |
| BAH Booz Allen Hamilton Holdings | 0.93% | 381,710 | $39.9M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 0.90% | 249,833 | $38.6M | Add +3.9% |
| MDLZ Mondelez International Inc. Class A | 0.89% | 559,029 | $37.9M | Add +0.4% |
| OMC Omnicom Group | 0.87% | 450,756 | $37.4M | Add +1.1% |
| SYY Sysco Corp. | 0.86% | 491,327 | $36.9M | Add +2.4% |
| UPS United Parcel Service Class B | 0.85% | 329,419 | $36.2M | Add +947.2% |
| AZN Astrazeneca PLC-Spons ADR | 0.85% | 492,733 | $36.2M | Add +3.3% |
| GPC Genuine Parts Co. | 0.83% | 297,246 | $35.4M | Add +2.9% |
| MDT Medtronic PLC | 0.83% | 393,474 | $35.4M | Add +2.8% |
| MRK Merck & Co. Inc. | 0.82% | 391,679 | $35.2M | Add +1.1% |
| USB US Bancorp | 0.82% | 828,113 | $35.0M | Add +1.8% |
| CEG Constellation Energy | 0.81% | 170,779 | $34.4M | Reduce -5.4% |
| SCHD Schwab US DVD Equity ETF | 0.79% | 1,204,461 | $33.7M | Reduce -0.3% |
| ZTS Zoetis Inc. | 0.78% | 203,499 | $33.5M | Add +3.1% |
| GIS General Mills Inc. | 0.78% | 559,607 | $33.5M | Add +4.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.78% | 336,452 | $33.2M | Add +1.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.77% | 787,294 | $32.9M | Add +4.1% |
| DGRO iShares Core Dividend Growth | 0.77% | 530,284 | $32.8M | Add +0.5% |
| PPG PPG Industries Inc. | 0.76% | 295,779 | $32.3M | Add +2.6% |
| C Citigroup Inc. | 0.74% | 447,923 | $31.8M | New |
| TGT Target Corp. | 0.74% | 303,846 | $31.7M | Add +3.0% |
| D Dominion Energy Inc. | 0.72% | 550,505 | $30.9M | Add +1.5% |
| STZ Constellation Brands Inc. Class A | 0.69% | 159,684 | $29.3M | Add +8.4% |
| CVS CVS Health Corp. | 0.63% | 396,378 | $26.9M | Add +6.3% |
| CAT Caterpillar Inc. | 0.61% | 78,968 | $26.0M | Reduce -0.0% |
| RLI Rli Corp. | 0.56% | 297,093 | $23.9M | Reduce -2.1% |
| TXN Texas Instruments Inc. | 0.47% | 111,390 | $20.0M | Reduce -4.9% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 97,200 | $16.8M | Reduce -4.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.33% | 181,313 | $14.3M | Add +3.1% |
| BRO Brown & Brown Inc. | 0.33% | 113,372 | $14.1M | No change |
| PNC PNC Financial Services Group | 0.27% | 64,659 | $11.4M | Reduce -74.5% |
| GD General Dynamics Corp. | 0.22% | 34,071 | $9.3M | Reduce -0.9% |
| BSCP Invesco Bulletshares 2025 CB | 0.21% | 442,381 | $9.1M | Add +2.5% |
| BSCQ Invesco Bulletshares 2026 CB | 0.21% | 451,593 | $8.8M | Add +7.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.19% | 417,691 | $8.2M | Add +7.7% |
| BSCS Invesco Bulletshares 2028 CB | 0.18% | 386,326 | $7.9M | Add +11.4% |
| BSCT Invesco Bulletshares 2029 CB | 0.17% | 397,658 | $7.4M | Add +13.0% |
| XLF SS Financial Select Sector | 0.16% | 137,412 | $6.8M | Reduce -4.5% |
| AAPL Apple Inc. | 0.15% | 28,661 | $6.4M | Reduce -7.0% |
| ADP Automatic Data Processing | 0.14% | 19,029 | $5.8M | Reduce -6.4% |
| DFS Discover Financial Services | 0.13% | 33,133 | $5.7M | Reduce -3.8% |
| QCOM Qualcomm Inc. | 0.13% | 36,798 | $5.7M | Reduce -6.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -4.5% | 2.05% | −0.95 |
| PNC PNC Financial Services Group | Reduce -74.5% | 0.27% | −0.89 |
| SWK Stanley Black & Decker Inc. | Reduce -98.6% | 0.01% | −0.52 |
| ORCL Oracle Corp. | Reduce -2.4% | 1.72% | −0.40 |
| APO Apollo Global Management Inc. | Reduce -2.6% | 1.53% | −0.38 |
| MSFT Microsoft Corp. | Reduce -0.2% | 2.64% | −0.36 |
| ETN Eaton Corp. PLC | Reduce -3.0% | 1.17% | −0.32 |
| BAH Booz Allen Hamilton Holdings | Reduce -4.7% | 0.93% | −0.28 |
| AXP American Express Co. | Reduce -3.6% | 1.53% | −0.24 |
| CEG Constellation Energy | Reduce -5.4% | 0.81% | −0.15 |
| RF Regions Financial Corp. | Reduce -0.5% | 1.19% | −0.12 |
| CAT Caterpillar Inc. | Reduce -0.0% | 0.61% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -4.9% | 0.47% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -76.8% | 0.02% | −0.05 |
| AAPL Apple Inc. | Reduce -7.0% | 0.15% | −0.03 |
| RLI Rli Corp. | Reduce -2.1% | 0.56% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.3% | 0.39% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 2.02% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -26.5% | 0.07% | −0.02 |
| LRCX Lam Research Corp. | Reduce -0.9% | 1.05% | −0.01 |
| AIG American International Group | Reduce -32.4% | 0.05% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -6.2% | 0.13% | −0.01 |
| ENB Enbridge Inc. | Reduce -27.7% | 0.03% | −0.01 |
| DTM DT Midstream Inc. | Reduce -7.9% | 0.07% | −0.01 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.01 |
| DFS Discover Financial Services | Reduce -3.8% | 0.13% | −0.01 |
| ES Eversource Energy | Reduce -14.7% | 0.08% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -42.9% | 0.01% | −0.01 |
| ITW Illinois Tool Works | Reduce -46.1% | 0.01% | −0.01 |
| NVDA Nvidia Corp. | Reduce -0.7% | 0.03% | −0.01 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.01 |
| GLD SPDR Gold Shares | Reduce -39.4% | 0.02% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -6.9% | 0.02% | −0.01 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.01 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -15.7% | 0.02% | −0.01 |
| CLX Clorox Company | Sold out | 0.00% | −0.01 |
| TRP TC Energy Corp. | Reduce -50.0% | 0.01% | −0.01 |
| WMT Walmart Inc. | Reduce -4.1% | 0.06% | −0.00 |
| MAS Masco Corp. | Sold out | 0.00% | −0.00 |
| MS Morgan Stanley | Sold out | 0.00% | −0.00 |
| ADP Automatic Data Processing | Reduce -6.4% | 0.14% | −0.00 |
| XLC SS Comm Select Sector SPDR | Reduce -3.0% | 0.10% | −0.00 |
| UNP Union Pacific Corp. | Reduce -21.0% | 0.02% | −0.00 |
| XLF SS Financial Select Sector | Reduce -4.5% | 0.16% | −0.00 |
| SBUX Starbucks Corp. | Reduce -16.6% | 0.03% | −0.00 |
| CSX CSX Corp. | Reduce -2.1% | 0.02% | −0.00 |
| XLK SS Technology Select Sector | Reduce -9.0% | 0.01% | −0.00 |
| EIX Edison International | Reduce -0.1% | 0.01% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -3.1% | 0.08% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| UPS United Parcel Service Class B | Add +947.2% | 0.85% | +0.75 |
| C Citigroup Inc. | New | 0.74% | +0.74 |
| T AT&T Inc. | Add +1.1% | 1.36% | +0.27 |
| CVS CVS Health Corp. | Add +6.3% | 0.63% | +0.23 |
| AEP American Electric Power | Add +0.3% | 1.22% | +0.18 |
| WEC WEC Energy Group Inc. | Add +0.6% | 1.25% | +0.17 |
| JNJ Johnson & Johnson | Add +0.8% | 1.22% | +0.15 |
| DTE DTE Energy Company | Add +1.7% | 1.14% | +0.15 |
| DUK Duke Energy Corp. | Add +0.8% | 1.18% | +0.14 |
| KO The Coca-Cola Co. | Add +0.4% | 1.07% | +0.13 |
| SO The Southern Co. | Add +1.4% | 1.24% | +0.13 |
| VZ Verizon Communications Inc. | Add +1.6% | 1.04% | +0.13 |
| XOM Exxon Mobil Corp. | Add +1.8% | 1.10% | +0.11 |
| AZN Astrazeneca PLC-Spons ADR | Add +3.3% | 0.85% | +0.11 |
| MDT Medtronic PLC | Add +2.8% | 0.83% | +0.10 |
| MDLZ Mondelez International Inc. Class A | Add +0.4% | 0.89% | +0.10 |
| NI Nisource Inc. | Add +0.2% | 1.25% | +0.09 |
| LNT Alliant Energy Corp. | Add +0.6% | 1.16% | +0.09 |
| SLB SLB Ltd. | Add +4.1% | 0.77% | +0.08 |
| ALL Allstate Corp. | Add +0.1% | 1.32% | +0.08 |
| KMB Kimberly-Clark Corp. | Add +1.3% | 0.94% | +0.08 |
| DOX Amdocs Ltd. | Add +1.9% | 0.95% | +0.07 |
| XEL Xcel Energy Inc. | Add +0.7% | 1.15% | +0.05 |
| EOG EOG Resources Inc. | Add +1.2% | 0.94% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +0.1% | 1.71% | +0.04 |
| D Dominion Energy Inc. | Add +1.5% | 0.72% | +0.03 |
| GPC Genuine Parts Co. | Add +2.9% | 0.83% | +0.03 |
| ZTS Zoetis Inc. | Add +3.1% | 0.78% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +3.1% | 0.33% | +0.02 |
| BSCT Invesco Bulletshares 2029 CB | Add +13.0% | 0.17% | +0.02 |
| BSCS Invesco Bulletshares 2028 CB | Add +11.4% | 0.18% | +0.02 |
| PG The Procter & Gamble Co. | Add +0.7% | 1.21% | +0.02 |
| FE Firstenergy Corp. | Add +0.9% | 1.06% | +0.02 |
| SPGI S&P Global Inc. | Add +0.1% | 1.40% | +0.01 |
| BSCR Invesco Bulletshares 2027 CB | Add +7.7% | 0.19% | +0.01 |
| BSCQ Invesco Bulletshares 2026 CB | Add +7.3% | 0.21% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +0.7% | 0.94% | +0.01 |
| BSCU Invesco Bulletshares 2030 CB | New | 0.01% | +0.01 |
| SCHV Schwab US Large-Cap Value | New | 0.01% | +0.01 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.01% | +0.01 |
| LECO Lincoln Electric Holdings | Add +0.8% | 1.02% | +0.01 |
| SCHG Schwab US Large-Cap Growth | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +6.9% | 0.05% | +0.01 |
| LNC Lincoln National Corp. | New | 0.01% | +0.01 |
| IVV iShares Core S&P 500 ETF | New | 0.01% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.00% | +0.00 |
| IWD iShares Russell 1000 Value E | New | 0.00% | +0.00 |
| BSCP Invesco Bulletshares 2025 CB | Add +2.5% | 0.21% | +0.00 |
| MMM 3M Co. | Add +0.6% | 0.02% | +0.00 |
| AEE Ameren Corporation | Add +0.0% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 245 | $5.0B | LRCX, AVGO, JPM, MSFT, CSCO |
| Q1 2026 | 234 | $4.7B | AVGO, LRCX, MSFT, JPM, DE |
| Q4 2025 | 225 | $4.6B | AVGO, MSFT, JPM, LRCX, AXP |
| Q3 2025 | 227 | $4.6B | AVGO, MSFT, ORCL, JPM, LRCX |
| Q2 2025 | 231 | $4.5B | MSFT, AVGO, ORCL, JPM, DE |
| Q1 2025 | 215 | $4.3B | MSFT, AVGO, JPM, DE, ORCL |
| Q4 2024 | 213 | $4.2B | MSFT, AVGO, ORCL, JPM, APO |
| Q3 2024 | 217 | $4.3B | MSFT, AVGO, ORCL, UNH, JPM |
| Q2 2024 | 210 | $4.0B | MSFT, AVGO, ORCL, JPM, UNH |
| Q1 2024 | 220 | $4.0B | MSFT, AVGO, JPM, ORCL, DE |