Vaughan David Investments LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Vaughan David Investments LLC reported 227 stock positions worth $4.6 billion. Its top holding was Broadcom (AVGO) at 3.2% of the portfolio, followed by Microsoft (MSFT, 3.2%) and Oracle (ORCL, 3.0%). Compared with Q2 2025, it opened 7 new positions, sold out of 11, added to 66 and reduced 115. The biggest buy was Waste Management (WM, shares +12248%) and the biggest sale Exelon (EXC, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- PEORIA, IL
- CIK
- 0001063571
- Portfolio Value
- $4.6B (Q3 2025)
- SEC Filing
- 0001063571-25-000006 ↗ filed Oct 29, 2025
Holdings Value
Holdings 227 stocks · $4.6B
| AVGO Broadcom Inc. | 3.23% | 454,024 | $149.8M | Reduce -7.7% |
| MSFT Microsoft Corp. | 3.19% | 285,060 | $147.6M | Reduce -4.4% |
| ORCL Oracle Corp. | 2.97% | 489,853 | $137.8M | Reduce -6.2% |
| JPM JPMorgan Chase & Co. | 2.32% | 340,719 | $107.5M | Reduce -2.5% |
| LRCX Lam Research Corp. | 1.77% | 611,996 | $81.9M | Reduce -1.4% |
| AXP American Express Co. | 1.71% | 238,474 | $79.2M | Reduce -1.2% |
| ABBV Abbvie Inc. | 1.68% | 336,464 | $77.9M | Reduce -2.5% |
| DE Deere & Co. | 1.52% | 153,590 | $70.2M | Reduce -2.5% |
| ETR Entergy Corp. | 1.46% | 725,026 | $67.6M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 1.46% | 180,355 | $67.5M | Reduce -1.9% |
| GS Goldman Sachs Group Inc. | 1.43% | 83,503 | $66.5M | Reduce -3.1% |
| CSCO Cisco Systems Inc. | 1.37% | 924,875 | $63.3M | Reduce -0.9% |
| BLK BlackRock Inc. | 1.36% | 54,019 | $63.0M | Reduce -2.3% |
| WMB Williams Cos Inc. | 1.34% | 978,782 | $62.0M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 1.33% | 254,466 | $61.9M | Reduce -0.1% |
| APO Apollo Global Management Inc. | 1.32% | 458,021 | $61.0M | Reduce -2.6% |
| RF Regions Financial Corp. | 1.29% | 2,271,832 | $59.9M | Reduce -2.8% |
| JNJ Johnson & Johnson | 1.27% | 316,793 | $58.7M | Reduce -0.1% |
| T AT&T Inc. | 1.24% | 2,032,921 | $57.4M | Reduce -1.0% |
| XEL Xcel Energy Inc. | 1.24% | 710,651 | $57.3M | Add +1.1% |
| NI Nisource Inc. | 1.23% | 1,315,177 | $56.9M | Add +0.3% |
| ALL Allstate Corp. | 1.22% | 263,384 | $56.5M | Reduce -3.1% |
| WEC WEC Energy Group Inc. | 1.21% | 490,047 | $56.2M | Reduce -0.8% |
| RMD Resmed Inc. | 1.21% | 204,137 | $55.9M | Reduce -2.0% |
| ABT Abbott Laboratories | 1.21% | 417,169 | $55.9M | Reduce -1.0% |
| SPGI S&P Global Inc. | 1.20% | 114,747 | $55.8M | Reduce -2.1% |
| SO The Southern Co. | 1.19% | 582,476 | $55.2M | Add +0.3% |
| AEP American Electric Power | 1.16% | 478,044 | $53.8M | Reduce -0.6% |
| NEE Nextera Energy Inc. | 1.16% | 709,160 | $53.5M | Add +1.1% |
| LECO Lincoln Electric Holdings | 1.13% | 222,376 | $52.4M | Reduce -1.5% |
| DUK Duke Energy Corp. | 1.12% | 420,325 | $52.0M | Add +0.7% |
| LNT Alliant Energy Corp. | 1.12% | 768,709 | $51.8M | Reduce -1.1% |
| PM Philip Morris International | 1.11% | 316,153 | $51.3M | Reduce -1.6% |
| MRSH Marsh & McLennan Cos | 1.10% | 253,963 | $51.2M | Add +2.1% |
| HON Honeywell International Inc. | 1.10% | 241,165 | $50.8M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 1.09% | 146,839 | $50.7M | Add +1.1% |
| HD Home Depot Inc. | 1.09% | 124,889 | $50.6M | Reduce -1.3% |
| CVX Chevron Corp. | 1.09% | 324,275 | $50.4M | Reduce -1.3% |
| CEG Constellation Energy | 1.08% | 152,551 | $50.2M | Reduce -4.5% |
| DTE DTE Energy Company | 1.08% | 352,381 | $49.8M | Reduce -0.6% |
| COP Conocophillips | 1.07% | 523,519 | $49.5M | Add +0.1% |
| C Citigroup Inc. | 1.03% | 471,781 | $47.9M | Add +0.2% |
| RGA Reinsurance Group of America | 1.03% | 248,196 | $47.7M | Add +0.1% |
| LNG Cheniere Energy Inc. | 1.03% | 202,857 | $47.7M | Add +0.5% |
| ICE Intercontinental Exchange Inc. | 1.03% | 282,646 | $47.6M | Reduce -1.9% |
| PG The Procter & Gamble Co. | 1.00% | 303,153 | $46.6M | Reduce -0.0% |
| AMGN Amgen Inc. | 1.00% | 164,877 | $46.5M | Reduce -1.0% |
| LMT Lockheed Martin Corp. | 0.99% | 92,006 | $45.9M | Add +1.8% |
| XOM Exxon Mobil Corp. | 0.98% | 403,123 | $45.5M | Reduce -0.6% |
| SCI Service Corp. International | 0.95% | 528,537 | $44.0M | Reduce -0.9% |
| GPC Genuine Parts Co. | 0.95% | 317,212 | $44.0M | Add +0.6% |
| VZ Verizon Communications Inc. | 0.95% | 997,421 | $43.8M | Add +0.7% |
| KO The Coca-Cola Co. | 0.91% | 636,271 | $42.2M | Reduce -0.9% |
| PEP Pepsico Inc. | 0.90% | 298,608 | $41.9M | Reduce -0.1% |
| CI The Cigna Group | 0.89% | 143,161 | $41.3M | Add +0.6% |
| WM Waste Management Inc. | 0.88% | 185,220 | $40.9M | Add +12248.0% |
| USB US Bancorp | 0.87% | 838,657 | $40.5M | Add +0.2% |
| SYY Sysco Corp. | 0.87% | 491,613 | $40.5M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.86% | 349,530 | $40.0M | Add +0.8% |
| AZN Astrazeneca PLC-Spons ADR | 0.84% | 509,980 | $39.1M | Add +1.0% |
| BAH Booz Allen Hamilton Holdings | 0.83% | 383,059 | $38.3M | Add +0.0% |
| MDT Medtronic PLC | 0.82% | 400,337 | $38.1M | Reduce -0.1% |
| OMC Omnicom Group | 0.82% | 466,233 | $38.0M | Add +0.2% |
| DGRO iShares Core Dividend Growth | 0.82% | 558,300 | $38.0M | Add +1.4% |
| DOX Amdocs Ltd. | 0.80% | 452,364 | $37.1M | Reduce -0.2% |
| APD Air Products & Chemicals Inc. | 0.80% | 135,425 | $36.9M | Reduce -3.0% |
| EOG EOG Resources Inc. | 0.77% | 319,399 | $35.8M | Add +0.2% |
| MDLZ Mondelez International Inc. Class A | 0.77% | 573,113 | $35.8M | Add +1.5% |
| D Dominion Energy Inc. | 0.77% | 580,042 | $35.5M | Add +2.5% |
| CRM Salesforce Inc. | 0.76% | 148,484 | $35.2M | Add +13.4% |
| ACN Accenture PLC Class A | 0.76% | 142,537 | $35.1M | Add +4.4% |
| KMB Kimberly-Clark Corp. | 0.76% | 281,687 | $35.0M | Reduce -0.0% |
| SIEGY Siemens AG-Spons ADR | 0.75% | 256,954 | $34.7M | Add +4.8% |
| MRK Merck & Co. Inc. | 0.75% | 412,241 | $34.6M | Add +2.1% |
| CAT Caterpillar Inc. | 0.74% | 72,331 | $34.5M | Reduce -8.2% |
| SCHD Schwab US DVD Equity ETF | 0.71% | 1,205,070 | $32.9M | Add +0.3% |
| PPG PPG Industries Inc. | 0.68% | 301,266 | $31.7M | Reduce -0.8% |
| CVS CVS Health Corp. | 0.67% | 412,371 | $31.1M | Add +2.8% |
| ZTS Zoetis Inc. | 0.66% | 209,846 | $30.7M | Add +3.1% |
| UPS United Parcel Service Class B | 0.64% | 357,429 | $29.9M | Add +9.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.60% | 815,748 | $28.0M | Reduce -0.7% |
| TGT Target Corp. | 0.59% | 305,448 | $27.4M | Add +0.3% |
| STZ Constellation Brands Inc. Class A | 0.49% | 169,284 | $22.8M | Add +3.4% |
| RSP Invesco S&P 500 Equal Weight | 0.40% | 97,915 | $18.6M | Add +0.2% |
| TXN Texas Instruments Inc. | 0.40% | 99,713 | $18.3M | Reduce -6.2% |
| RLI Rli Corp. | 0.39% | 279,181 | $18.2M | Reduce -5.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.33% | 175,077 | $15.3M | Reduce -5.4% |
| GD General Dynamics Corp. | 0.24% | 32,749 | $11.2M | Reduce -2.8% |
| PNC PNC Financial Services Group | 0.23% | 53,220 | $10.7M | Reduce -7.0% |
| BRO Brown & Brown Inc. | 0.23% | 113,372 | $10.6M | No change |
| XLF SS Financial Select Sector | 0.21% | 181,463 | $9.8M | Add +16.3% |
| BSCQ Invesco Bulletshares 2026 CB | 0.19% | 457,420 | $8.9M | Add +2.2% |
| BSCR Invesco Bulletshares 2027 CB | 0.19% | 438,373 | $8.6M | Add +5.0% |
| BSCS Invesco Bulletshares 2028 CB | 0.18% | 411,802 | $8.5M | Add +4.8% |
| BSCT Invesco Bulletshares 2029 CB | 0.17% | 424,185 | $8.0M | Add +4.0% |
| AAPL Apple Inc. | 0.16% | 28,949 | $7.4M | Reduce -2.7% |
| COF Capital One Financial Corp. | 0.14% | 30,433 | $6.5M | Reduce -5.6% |
| QCOM Qualcomm Inc. | 0.13% | 35,214 | $5.9M | Reduce -4.5% |
| BSCU Invesco Bulletshares 2030 CB | 0.12% | 342,171 | $5.8M | Add +19.0% |
| XLC SS Comm Select Sector SPDR | 0.12% | 46,580 | $5.5M | Reduce -0.7% |
Portfolio Sells Q2 2025 → Q3 2025
| EXC Exelon Corp. | Reduce -88.5% | 0.10% | −0.77 |
| DE Deere & Co. | Reduce -2.5% | 1.52% | −0.27 |
| PM Philip Morris International | Reduce -1.6% | 1.11% | −0.20 |
| SPGI S&P Global Inc. | Reduce -2.1% | 1.20% | −0.18 |
| APO Apollo Global Management Inc. | Reduce -2.6% | 1.32% | −0.17 |
| HON Honeywell International Inc. | Reduce -0.8% | 1.10% | −0.17 |
| ICE Intercontinental Exchange Inc. | Reduce -1.9% | 1.03% | −0.15 |
| MSFT Microsoft Corp. | Reduce -4.4% | 3.19% | −0.13 |
| DOX Amdocs Ltd. | Reduce -0.2% | 0.80% | −0.12 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.91% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -6.2% | 0.40% | −0.10 |
| T AT&T Inc. | Reduce -1.0% | 1.24% | −0.09 |
| PPG PPG Industries Inc. | Reduce -0.8% | 0.68% | −0.09 |
| RLI Rli Corp. | Reduce -5.8% | 0.39% | −0.09 |
| APD Air Products & Chemicals Inc. | Reduce -3.0% | 0.80% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 1.37% | −0.08 |
| GIS General Mills Inc. | Reduce -35.3% | 0.12% | −0.08 |
| ABT Abbott Laboratories | Reduce -1.0% | 1.21% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -0.0% | 1.00% | −0.07 |
| CEG Constellation Energy | Reduce -4.5% | 1.08% | −0.07 |
| FE Firstenergy Corp. | Reduce -39.2% | 0.11% | −0.06 |
| KMB Kimberly-Clark Corp. | Reduce -0.0% | 0.76% | −0.06 |
| WMB Williams Cos Inc. | Reduce -0.3% | 1.34% | −0.04 |
| AMGN Amgen Inc. | Reduce -1.0% | 1.00% | −0.04 |
| SCI Service Corp. International | Reduce -0.9% | 0.95% | −0.02 |
| ADP Automatic Data Processing | Reduce -7.8% | 0.11% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -16.1% | 0.06% | −0.02 |
| SLB SLB Ltd. | Reduce -0.7% | 0.60% | −0.02 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -11.4% | 0.09% | −0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -8.6% | 0.05% | −0.01 |
| COF Capital One Financial Corp. | Reduce -5.6% | 0.14% | −0.01 |
| AXP American Express Co. | Reduce -1.2% | 1.71% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -1.9% | 1.46% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -32.5% | 0.01% | −0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -5.4% | 0.33% | −0.01 |
| PNC PNC Financial Services Group | Reduce -7.0% | 0.23% | −0.01 |
| ALG Alamo Group Inc. | Sold out | 0.00% | −0.01 |
| AIG American International Group | Reduce -6.2% | 0.03% | −0.01 |
| SBUX Starbucks Corp. | Reduce -13.2% | 0.02% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -9.7% | 0.06% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.01 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.01 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.01 |
| LNC Lincoln National Corp. | Sold out | 0.00% | −0.00 |
| NSRGY Nestle SA-Spons ADR | Sold out | 0.00% | −0.00 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -4.5% | 0.13% | −0.00 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −0.00 |
| PGR Progressive Corp. | Reduce -14.5% | 0.01% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| WM Waste Management Inc. | Add +12248.0% | 0.88% | +0.87 |
| XEL Xcel Energy Inc. | Add +1.1% | 1.24% | +0.17 |
| C Citigroup Inc. | Add +0.2% | 1.03% | +0.14 |
| GPC Genuine Parts Co. | Add +0.6% | 0.95% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 1.09% | +0.08 |
| OMC Omnicom Group | Add +0.2% | 0.82% | +0.07 |
| NEE Nextera Energy Inc. | Add +1.1% | 1.16% | +0.07 |
| AZN Astrazeneca PLC-Spons ADR | Add +1.0% | 0.84% | +0.06 |
| LMT Lockheed Martin Corp. | Add +1.8% | 0.99% | +0.06 |
| CVS CVS Health Corp. | Add +2.8% | 0.67% | +0.05 |
| D Dominion Energy Inc. | Add +2.5% | 0.77% | +0.05 |
| NI Nisource Inc. | Add +0.3% | 1.23% | +0.05 |
| SIEGY Siemens AG-Spons ADR | Add +4.8% | 0.75% | +0.04 |
| DGRO iShares Core Dividend Growth | Add +1.4% | 0.82% | +0.03 |
| MRK Merck & Co. Inc. | Add +2.1% | 0.75% | +0.03 |
| XLK SS Technology Select Sector | Add +40.3% | 0.09% | +0.03 |
| XLF SS Financial Select Sector | Add +16.3% | 0.21% | +0.03 |
| USB US Bancorp | Add +0.2% | 0.87% | +0.03 |
| DUK Duke Energy Corp. | Add +0.7% | 1.12% | +0.02 |
| COP Conocophillips | Add +0.1% | 1.07% | +0.02 |
| BSCU Invesco Bulletshares 2030 CB | Add +19.0% | 0.12% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +8.9% | 0.03% | +0.01 |
| NVDA Nvidia Corp. | Add +5.1% | 0.04% | +0.01 |
| BX Blackstone Inc. | Add +15.6% | 0.03% | +0.01 |
| EBAY eBay Inc. | New | 0.01% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +26.3% | 0.02% | +0.01 |
| FSEP FT Vest U.S. Equity Buffer E | New | 0.01% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Add +64.2% | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.6% | 0.05% | +0.01 |
| FTI Technipfmc PLC | New | 0.00% | +0.00 |
| ADM Archer-Daniels-Midland Co. | New | 0.00% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.00% | +0.00 |
| DHI D.R. Horton Inc. | New | 0.00% | +0.00 |
| XLI SS Industrial Select Sector | Add +6.5% | 0.06% | +0.00 |
| XLV SS Health Care Select Sector | Add +5.1% | 0.09% | +0.00 |
| MDY State Street SPDR S&P Midcap | Add +21.0% | 0.02% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +0.2% | 0.40% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +57.4% | 0.01% | +0.00 |
| BSCR Invesco Bulletshares 2027 CB | Add +5.0% | 0.19% | +0.00 |
| IWP iShares Russell Mid-Cap Grow | Add +22.6% | 0.02% | +0.00 |
| BSCS Invesco Bulletshares 2028 CB | Add +4.8% | 0.18% | +0.00 |
| LLY Eli Lilly & Co. | Add +12.7% | 0.04% | +0.00 |
| BSCT Invesco Bulletshares 2029 CB | Add +4.0% | 0.17% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +17.6% | 0.01% | +0.00 |
| WMT Walmart Inc. | Add +0.8% | 0.07% | +0.00 |
| AMZN Amazon.com Inc. | Add +9.8% | 0.02% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +3.9% | 0.01% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.4% | 0.02% | +0.00 |
| BAC Bank of America Corp. | Add +3.7% | 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 |