Vaughan David Investments LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Vaughan David Investments LLC reported 231 stock positions worth $4.5 billion. Its top holding was Microsoft (MSFT) at 3.3% of the portfolio, followed by Broadcom (AVGO, 3.0%) and Oracle (ORCL, 2.6%). Compared with Q1 2025, it opened 19 new positions, sold out of 3, added to 95 and reduced 78. The biggest buy was a new position in Salesforce (CRM) and the biggest sale Firstenergy (FE, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- PEORIA, IL
- CIK
- 0001063571
- Portfolio Value
- $4.5B (Q2 2025)
- SEC Filing
- 0001063571-25-000004 ↗ filed Jul 31, 2025
Holdings Value
Holdings 231 stocks · $4.5B
| MSFT Microsoft Corp. | 3.31% | 298,104 | $148.3M | Reduce -0.9% |
| AVGO Broadcom Inc. | 3.03% | 491,980 | $135.6M | Reduce -5.9% |
| ORCL Oracle Corp. | 2.55% | 522,165 | $114.2M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 2.27% | 349,640 | $101.4M | Reduce -0.8% |
| DE Deere & Co. | 1.79% | 157,463 | $80.1M | Reduce -3.1% |
| AXP American Express Co. | 1.72% | 241,397 | $77.0M | Reduce -0.6% |
| APO Apollo Global Management Inc. | 1.49% | 470,309 | $66.7M | Reduce -1.3% |
| ETN Eaton Corp. PLC | 1.47% | 183,774 | $65.6M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 1.45% | 933,001 | $64.7M | Reduce -1.9% |
| ABBV Abbvie Inc. | 1.43% | 345,267 | $64.1M | Add +0.3% |
| SPGI S&P Global Inc. | 1.38% | 117,209 | $61.8M | Reduce -0.1% |
| WMB Williams Cos Inc. | 1.38% | 982,018 | $61.7M | Reduce -2.1% |
| GS Goldman Sachs Group Inc. | 1.36% | 86,206 | $61.0M | Reduce -1.1% |
| ETR Entergy Corp. | 1.36% | 730,702 | $60.7M | Reduce -3.8% |
| LRCX Lam Research Corp. | 1.35% | 620,609 | $60.4M | Add +0.1% |
| T AT&T Inc. | 1.33% | 2,052,854 | $59.4M | Reduce -0.2% |
| PM Philip Morris International | 1.31% | 321,227 | $58.5M | Reduce -3.2% |
| BLK BlackRock Inc. | 1.30% | 55,286 | $58.0M | Add +0.2% |
| ABT Abbott Laboratories | 1.28% | 421,288 | $57.3M | Reduce -0.7% |
| HON Honeywell International Inc. | 1.27% | 243,120 | $56.6M | Add +0.0% |
| RF Regions Financial Corp. | 1.23% | 2,336,104 | $54.9M | Reduce -0.1% |
| ALL Allstate Corp. | 1.22% | 271,854 | $54.7M | Reduce -0.5% |
| MRSH Marsh & McLennan Cos | 1.22% | 248,761 | $54.4M | Reduce -1.3% |
| RMD Resmed Inc. | 1.20% | 208,229 | $53.7M | Add +0.0% |
| SO The Southern Co. | 1.19% | 580,501 | $53.3M | Add +0.3% |
| NI Nisource Inc. | 1.18% | 1,311,175 | $52.9M | Reduce -1.7% |
| ICE Intercontinental Exchange Inc. | 1.18% | 288,149 | $52.9M | Reduce -1.1% |
| CEG Constellation Energy | 1.15% | 159,657 | $51.5M | Reduce -6.5% |
| WEC WEC Energy Group Inc. | 1.15% | 493,994 | $51.5M | Add +0.4% |
| AEP American Electric Power | 1.11% | 480,817 | $49.9M | Add +0.6% |
| DUK Duke Energy Corp. | 1.10% | 417,544 | $49.3M | Add +0.8% |
| LNG Cheniere Energy Inc. | 1.10% | 201,952 | $49.2M | Reduce -0.2% |
| RGA Reinsurance Group of America | 1.10% | 247,916 | $49.2M | Add +1.5% |
| NEE Nextera Energy Inc. | 1.09% | 701,471 | $48.7M | Add +0.6% |
| JNJ Johnson & Johnson | 1.08% | 317,172 | $48.4M | Add +0.8% |
| PG The Procter & Gamble Co. | 1.08% | 303,271 | $48.3M | Reduce -0.0% |
| XEL Xcel Energy Inc. | 1.07% | 702,756 | $47.9M | Add +1.4% |
| CVX Chevron Corp. | 1.05% | 328,655 | $47.1M | Add +0.9% |
| CI The Cigna Group | 1.05% | 142,309 | $47.0M | Reduce -0.2% |
| LNT Alliant Energy Corp. | 1.05% | 777,633 | $47.0M | Add +1.3% |
| DTE DTE Energy Company | 1.05% | 354,403 | $46.9M | Add +0.3% |
| COP Conocophillips | 1.05% | 523,029 | $46.9M | Add +2.2% |
| LECO Lincoln Electric Holdings | 1.05% | 225,749 | $46.8M | Reduce -1.6% |
| AMGN Amgen Inc. | 1.04% | 166,581 | $46.5M | Reduce -0.1% |
| HD Home Depot Inc. | 1.04% | 126,580 | $46.4M | Add +0.7% |
| KO The Coca-Cola Co. | 1.01% | 641,925 | $45.4M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 1.01% | 145,198 | $45.3M | Add +4.3% |
| GOOGL Alphabet Inc. Class A | 1.00% | 254,614 | $44.9M | Add +1.9% |
| XOM Exxon Mobil Corp. | 0.98% | 405,422 | $43.7M | Add +2.3% |
| SCI Service Corp. International | 0.97% | 533,337 | $43.4M | Add +0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.96% | 346,599 | $43.0M | Add +3.0% |
| VZ Verizon Communications Inc. | 0.96% | 990,240 | $42.8M | Add +1.4% |
| LMT Lockheed Martin Corp. | 0.94% | 90,405 | $41.9M | Add +1.1% |
| DOX Amdocs Ltd. | 0.92% | 453,104 | $41.3M | Add +2.0% |
| ACN Accenture PLC Class A | 0.91% | 136,574 | $40.8M | Add +1.3% |
| C Citigroup Inc. | 0.90% | 471,007 | $40.1M | Add +5.2% |
| BAH Booz Allen Hamilton Holdings | 0.89% | 383,034 | $39.9M | Add +0.3% |
| PEP Pepsico Inc. | 0.88% | 298,970 | $39.5M | Add +6.6% |
| APD Air Products & Chemicals Inc. | 0.88% | 139,604 | $39.4M | Add +2.9% |
| EXC Exelon Corp. | 0.87% | 897,292 | $39.0M | Reduce -1.2% |
| GPC Genuine Parts Co. | 0.85% | 315,232 | $38.2M | Add +6.0% |
| EOG EOG Resources Inc. | 0.85% | 318,811 | $38.1M | Add +1.6% |
| MDLZ Mondelez International Inc. Class A | 0.85% | 564,575 | $38.1M | Add +1.0% |
| USB US Bancorp | 0.85% | 837,265 | $37.9M | Add +1.1% |
| SYY Sysco Corp. | 0.83% | 492,943 | $37.3M | Add +0.3% |
| KMB Kimberly-Clark Corp. | 0.81% | 281,810 | $36.3M | Reduce -0.1% |
| CRM Salesforce Inc. | 0.80% | 130,912 | $35.7M | New |
| AZN Astrazeneca PLC-Spons ADR | 0.79% | 504,915 | $35.3M | Add +2.5% |
| DGRO iShares Core Dividend Growth | 0.79% | 550,803 | $35.2M | Add +3.9% |
| MDT Medtronic PLC | 0.78% | 400,712 | $34.9M | Add +1.8% |
| PPG PPG Industries Inc. | 0.77% | 303,739 | $34.5M | Add +2.7% |
| OMC Omnicom Group | 0.75% | 465,439 | $33.5M | Add +3.3% |
| UPS United Parcel Service Class B | 0.74% | 327,576 | $33.1M | Reduce -0.6% |
| D Dominion Energy Inc. | 0.71% | 566,004 | $32.0M | Add +2.8% |
| MRK Merck & Co. Inc. | 0.71% | 403,577 | $31.9M | Add +3.0% |
| SCHD Schwab US DVD Equity ETF | 0.71% | 1,201,552 | $31.8M | Reduce -0.2% |
| ZTS Zoetis Inc. | 0.71% | 203,521 | $31.7M | Add +0.0% |
| SIEGY Siemens AG-Spons ADR | 0.71% | 245,234 | $31.6M | New |
| CAT Caterpillar Inc. | 0.68% | 78,786 | $30.6M | Reduce -0.2% |
| TGT Target Corp. | 0.67% | 304,373 | $30.0M | Add +0.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.62% | 821,644 | $27.8M | Add +4.4% |
| CVS CVS Health Corp. | 0.62% | 401,126 | $27.7M | Add +1.2% |
| STZ Constellation Brands Inc. Class A | 0.60% | 163,699 | $26.6M | Add +2.5% |
| TXN Texas Instruments Inc. | 0.49% | 106,296 | $22.1M | Reduce -4.6% |
| RLI Rli Corp. | 0.48% | 296,363 | $21.4M | Reduce -0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.40% | 97,750 | $17.8M | Add +0.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.34% | 185,020 | $15.1M | Add +2.0% |
| BRO Brown & Brown Inc. | 0.28% | 113,372 | $12.6M | No change |
| PNC PNC Financial Services Group | 0.24% | 57,225 | $10.7M | Reduce -11.5% |
| GD General Dynamics Corp. | 0.22% | 33,680 | $9.8M | Reduce -1.1% |
| BSCQ Invesco Bulletshares 2026 CB | 0.20% | 447,398 | $8.7M | Reduce -0.9% |
| GIS General Mills Inc. | 0.19% | 167,001 | $8.7M | Reduce -70.2% |
| BSCR Invesco Bulletshares 2027 CB | 0.18% | 417,584 | $8.2M | Reduce -0.0% |
| XLF SS Financial Select Sector | 0.18% | 156,021 | $8.2M | Add +13.5% |
| BSCS Invesco Bulletshares 2028 CB | 0.18% | 393,115 | $8.1M | Add +1.8% |
| BSCT Invesco Bulletshares 2029 CB | 0.17% | 407,698 | $7.6M | Add +2.5% |
| FE Firstenergy Corp. | 0.17% | 189,316 | $7.6M | Reduce -83.1% |
| COF Capital One Financial Corp. | 0.15% | 32,251 | $6.9M | New |
| AAPL Apple Inc. | 0.14% | 29,744 | $6.1M | Add +3.8% |
| QCOM Qualcomm Inc. | 0.13% | 36,862 | $5.9M | Add +0.2% |
Portfolio Sells Q1 2025 → Q2 2025
| FE Firstenergy Corp. | Reduce -83.1% | 0.17% | −0.89 |
| GIS General Mills Inc. | Reduce -70.2% | 0.19% | −0.59 |
| MRSH Marsh & McLennan Cos | Reduce -1.3% | 1.22% | −0.22 |
| AMGN Amgen Inc. | Reduce -0.1% | 1.04% | −0.18 |
| ETR Entergy Corp. | Reduce -3.8% | 1.36% | −0.16 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -0.0% | 1.08% | −0.13 |
| KMB Kimberly-Clark Corp. | Reduce -0.1% | 0.81% | −0.13 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -49.2% | 0.10% | −0.11 |
| EXC Exelon Corp. | Reduce -1.2% | 0.87% | −0.11 |
| UPS United Parcel Service Class B | Reduce -0.6% | 0.74% | −0.11 |
| ALL Allstate Corp. | Reduce -0.5% | 1.22% | −0.10 |
| RLI Rli Corp. | Reduce -0.3% | 0.48% | −0.08 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.2% | 0.71% | −0.08 |
| NI Nisource Inc. | Reduce -1.7% | 1.18% | −0.07 |
| XLE SS Energy Select Sector | Reduce -48.7% | 0.04% | −0.05 |
| CI The Cigna Group | Reduce -0.2% | 1.05% | −0.05 |
| ABT Abbott Laboratories | Reduce -0.7% | 1.28% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -1.3% | 1.49% | −0.04 |
| T AT&T Inc. | Reduce -0.2% | 1.33% | −0.03 |
| PNC PNC Financial Services Group | Reduce -11.5% | 0.24% | −0.03 |
| WMB Williams Cos Inc. | Reduce -2.1% | 1.38% | −0.02 |
| SPGI S&P Global Inc. | Reduce -0.1% | 1.38% | −0.01 |
| AIG American International Group | Reduce -19.3% | 0.04% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.3% | 0.06% | −0.01 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -0.9% | 0.20% | −0.01 |
| BP BP PLC-Spons ADR | Reduce -5.3% | 0.04% | −0.01 |
| RPM RPM International Inc. | Reduce -0.4% | 0.09% | −0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -1.0% | 0.06% | −0.01 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.01 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -0.0% | 0.18% | −0.01 |
| POR Portland General Electric Co. | Reduce -13.4% | 0.02% | −0.01 |
| ED Consolidated Edison Inc. | Reduce -0.3% | 0.05% | −0.01 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.01 |
| ADP Automatic Data Processing | Reduce -1.2% | 0.13% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -4.6% | 0.04% | −0.01 |
| ES Eversource Energy | Reduce -5.7% | 0.08% | −0.01 |
| INTC Intel Corp. | Reduce -6.9% | 0.03% | −0.00 |
| ENB Enbridge Inc. | Reduce -9.3% | 0.03% | −0.00 |
| BAC Bank of America Corp. | Reduce -33.8% | 0.01% | −0.00 |
| AFL Aflac Inc. | Reduce -7.3% | 0.01% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -0.5% | 0.02% | −0.00 |
| PAYX Paychex Inc. | Reduce -15.5% | 0.01% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -5.6% | 0.01% | −0.00 |
| TRV The Travelers Cos Inc. | Reduce -0.4% | 0.04% | −0.00 |
| MET Metlife Inc. | Reduce -17.7% | 0.01% | −0.00 |
| NSRGY Nestle SA-Spons ADR | Reduce -15.6% | 0.00% | −0.00 |
| EVRG Evergy Inc. | Reduce -5.5% | 0.01% | −0.00 |
| NFG National Fuel Gas Co. | Reduce -15.0% | 0.01% | −0.00 |
| IWO iShares Russell 2000 Growth | Reduce -16.3% | 0.01% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| CRM Salesforce Inc. | New | 0.80% | +0.80 |
| SIEGY Siemens AG-Spons ADR | New | 0.71% | +0.71 |
| LRCX Lam Research Corp. | Add +0.1% | 1.35% | +0.30 |
| DIS The Walt Disney Co. | Add +3.0% | 0.96% | +0.18 |
| COF Capital One Financial Corp. | New | 0.15% | +0.15 |
| C Citigroup Inc. | Add +5.2% | 0.90% | +0.15 |
| RMD Resmed Inc. | Add +0.0% | 1.20% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +1.9% | 1.00% | +0.10 |
| BSCU Invesco Bulletshares 2030 CB | Add +1005.5% | 0.11% | +0.10 |
| BLK BlackRock Inc. | Add +0.2% | 1.30% | +0.07 |
| HON Honeywell International Inc. | Add +0.0% | 1.27% | +0.06 |
| XLK SS Technology Select Sector | Add +310.3% | 0.06% | +0.05 |
| XLI SS Industrial Select Sector | Add +266.2% | 0.06% | +0.04 |
| FTSM First Trust Enh Short Mat FD | New | 0.03% | +0.03 |
| USB US Bancorp | Add +1.1% | 0.85% | +0.03 |
| GPC Genuine Parts Co. | Add +6.0% | 0.85% | +0.03 |
| XLF SS Financial Select Sector | Add +13.5% | 0.18% | +0.02 |
| DGRO iShares Core Dividend Growth | Add +3.9% | 0.79% | +0.02 |
| BX Blackstone Inc. | Add +263.7% | 0.03% | +0.02 |
| MDY State Street SPDR S&P Midcap | New | 0.02% | +0.02 |
| XLC SS Comm Select Sector SPDR | Add +8.2% | 0.11% | +0.02 |
| PPG PPG Industries Inc. | Add +2.7% | 0.77% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +305.8% | 0.02% | +0.01 |
| NVDA Nvidia Corp. | Add +7.5% | 0.04% | +0.01 |
| SMH Vaneck Semiconductor ETF | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | New | 0.01% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +15.6% | 0.05% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +6.1% | 0.07% | +0.01 |
| GEV GE Vernova Inc. | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +35.5% | 0.02% | +0.01 |
| PWR Quanta Services Inc. | New | 0.01% | +0.01 |
| GE General Electric | Add +43.5% | 0.01% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| XLY SS Consumer Disc Select Sect | New | 0.01% | +0.01 |
| VST Vistra Corp. | New | 0.01% | +0.01 |
| INTU Intuit Inc. | New | 0.01% | +0.01 |
| RTX RTX Corp. | New | 0.00% | +0.00 |
| SSNC Ss&c Technologies Holdings | New | 0.00% | +0.00 |
| EMR Emerson Electric Co. | Add +23.5% | 0.01% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +2.0% | 0.34% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +0.6% | 0.40% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Add +42.1% | 0.01% | +0.00 |
| NOC Northrop Grumman Corp. | Add +21.6% | 0.01% | +0.00 |
| MMM 3M Co. | Add +10.9% | 0.02% | +0.00 |
| BNY Bank of New York Mellon Corp. | Add +3.1% | 0.02% | +0.00 |
| MA Mastercard Inc. Class A | Add +27.1% | 0.01% | +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 |