Vaughan Nelson Investment Management, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 18, 2024), Vaughan Nelson Investment Management, L.P. reported 203 stock positions worth $11.4 billion. Its top holding was Saia (SAIA) at 3.6% of the portfolio, followed by Microsoft (MSFT, 3.5%) and Monolithic Power Systems (MPWR, 2.9%). Compared with Q4 2023, it opened 18 new positions, sold out of 64, added to 91 and reduced 64. The biggest buy was a new position in Kinsale Capital (KNSL) and the biggest sale an exit from Wheaton Precious Metals (WPM).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001021642
- Portfolio Value
- $11.4B (Q1 2024)
- SEC Filing
- 0001021642-24-000002 ↗ filed Apr 18, 2024
Holdings Value
Holdings 203 stocks · $11.4B
| SAIA Saia Inc. | 3.64% | 708,420 | $414.4M | Add +6.8% |
| MSFT Microsoft Corp. | 3.48% | 943,612 | $397.0M | Add +0.0% |
| MPWR Monolithic Power Systems Inc. | 2.88% | 483,812 | $327.7M | Add +4.9% |
| NVDA Nvidia Corp. | 2.87% | 361,678 | $326.8M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 2.80% | 1,768,841 | $319.1M | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 2.52% | 1,900,118 | $286.8M | Add +7.7% |
| JPM JPMorgan Chase & Co. | 2.27% | 1,292,959 | $259.0M | Add +57.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.15% | 2,000,267 | $244.8M | Add +84.6% |
| ORLY O'reilly Automotive Inc. | 2.09% | 211,203 | $238.4M | Reduce -0.1% |
| SHW The Sherwin-Williams Co. | 2.07% | 677,664 | $235.4M | Reduce -10.1% |
| DHR Danaher Corp. | 1.99% | 909,707 | $227.2M | Add +49.6% |
| ICE Intercontinental Exchange Inc. | 1.95% | 1,618,213 | $222.4M | Reduce -18.1% |
| ZTS Zoetis Inc. | 1.92% | 1,294,320 | $219.0M | Add +34.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.88% | 509,512 | $214.3M | Reduce -0.0% |
| ACN Accenture PLC Class A | 1.85% | 609,226 | $211.2M | Add +16.6% |
| ON On Semiconductor | 1.76% | 2,730,916 | $200.9M | Add +378.2% |
| KNSL Kinsale Capital Group Inc. | 1.72% | 374,200 | $196.4M | New |
| DXCM Dexcom Inc. | 1.72% | 1,413,958 | $196.1M | Add +21.3% |
| UNP Union Pacific Corp. | 1.62% | 752,078 | $185.0M | Add +18.2% |
| CRM Salesforce Inc. | 1.61% | 609,305 | $183.5M | Reduce -32.0% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 1.58% | 1,166,003 | $179.7M | Add +79.3% |
| SNOW Snowflake Inc. | 1.51% | 1,061,934 | $171.6M | New |
| KOS Kosmos Energy Ltd. | 1.32% | 25,145,473 | $149.9M | Add +23.8% |
| PLD Prologis Inc. | 1.26% | 1,099,029 | $143.1M | Add +38.0% |
| ESI Element Solutions Inc. | 1.05% | 4,790,909 | $119.7M | Add +2.3% |
| WAL Western Alliance Bancorp | 0.91% | 1,613,007 | $103.5M | Reduce -6.5% |
| CMA Comerica Inc. | 0.88% | 1,815,236 | $99.8M | Reduce -6.0% |
| IBP Installed Building Products | 0.85% | 373,641 | $96.7M | Reduce -1.1% |
| HES Hess Corp. | 0.85% | 631,561 | $96.4M | Reduce -12.3% |
| NSIT Insight Enterprises Inc. | 0.84% | 514,025 | $95.4M | Reduce -19.1% |
| ZION Zions Bancorp NA | 0.81% | 2,124,288 | $92.2M | Reduce -8.1% |
| DASH DoorDash Inc. Class A | 0.81% | 669,047 | $92.1M | New |
| KEX Kirby Corp. | 0.75% | 896,257 | $85.4M | Add +21.4% |
| CNM Core & Main Inc. Class A | 0.74% | 1,482,742 | $84.9M | Reduce -14.5% |
| FAF First American Financial | 0.72% | 1,340,491 | $81.8M | Add +9.1% |
| JBI Janus International Group Inc. | 0.70% | 5,248,730 | $79.4M | Add +23.2% |
| SKX Skechers USA Inc. Class A | 0.66% | 1,232,993 | $75.5M | Add +62.6% |
| BECN Beacon Roofing Supply Inc. | 0.66% | 762,007 | $74.7M | Add +15.0% |
| FTI Technipfmc PLC | 0.65% | 2,954,356 | $74.2M | Add +56.7% |
| ALG Alamo Group Inc. | 0.64% | 320,688 | $73.2M | Add +19.9% |
| FN Fabrinet | 0.63% | 379,885 | $71.8M | Reduce -5.6% |
| CC The Chemours Co. | 0.61% | 2,645,676 | $69.5M | Add +91.5% |
| SKY Champion Homes Inc. filed as SKYLINE CHAMPION CORPORATION | 0.60% | 808,487 | $68.7M | Add +15.0% |
| CSTM Constellium SE | 0.60% | 3,102,580 | $68.6M | Add +19.4% |
| PR Permian Resources Corp. Class A | 0.60% | 3,853,706 | $68.1M | Add +23.1% |
| RCL Royal Caribbean Cruises Ltd. | 0.58% | 476,792 | $66.3M | New |
| LSTR Landstar System Inc. | 0.57% | 337,271 | $65.0M | Add +21.4% |
| FANG Diamondback Energy Inc. | 0.57% | 327,792 | $65.0M | Add +2.1% |
| STAG Stag Industrial Inc. | 0.56% | 1,660,562 | $63.8M | Add +14.4% |
| NDAQ Nasdaq Inc. | 0.56% | 1,010,992 | $63.8M | Add +196.5% |
| SIGI Selective Insurance Group | 0.55% | 578,501 | $63.2M | Add +27.5% |
| IQV Iqvia Holdings Inc. | 0.55% | 247,926 | $62.7M | Add +12.2% |
| APAM Artisan Partners Asset Ma -A | 0.54% | 1,331,970 | $61.0M | Add +42.5% |
| CHRD Chord Energy Corp. | 0.53% | 337,640 | $60.2M | Add +38.6% |
| MTRN Materion Corp. | 0.51% | 442,450 | $58.3M | Add +83.9% |
| RMBS Rambus Inc. | 0.51% | 939,682 | $58.1M | Add +14.3% |
| CWK Cushman & Wakefield UK Holdc | 0.51% | 5,510,890 | $57.6M | Add +580.8% |
| NNN NNN REIT Inc. | 0.50% | 1,342,850 | $57.4M | Add +14.8% |
| EFOR Everforth Inc. filed as ASGN INC | 0.50% | 545,772 | $57.2M | Add +14.9% |
| RRR Red Rock Resorts Inc. Class A | 0.50% | 944,340 | $56.5M | Add +24.9% |
| EVR Evercore Inc. Class A | 0.49% | 292,070 | $56.3M | New |
| VMC Vulcan Materials Co. | 0.48% | 201,427 | $55.0M | Reduce -2.0% |
| MTDR Matador Resources Co. | 0.48% | 816,445 | $54.5M | Add +33.4% |
| ALL Allstate Corp. | 0.48% | 315,083 | $54.5M | Add +145.8% |
| AXTA Axalta Coating Systems Ltd. | 0.48% | 1,578,610 | $54.3M | Reduce -28.8% |
| RUSHA Rush Enterprises Inc. Class A | 0.46% | 984,492 | $52.7M | Add +25.2% |
| MSCI MSCI Inc. | 0.46% | 92,616 | $51.9M | Add +24.3% |
| MUR Murphy Oil Corp. | 0.45% | 1,132,305 | $51.7M | Add +23.1% |
| GMED Globus Medical Inc. Class A | 0.45% | 964,092 | $51.7M | Add +25.3% |
| KFRC Kforce Inc. | 0.45% | 732,868 | $51.7M | Add +14.6% |
| PB Prosperity Bancshares Inc. | 0.45% | 784,910 | $51.6M | Add +14.8% |
| CADE Cadence Bank | 0.45% | 1,759,818 | $51.0M | Add +14.8% |
| COKE Coca-Cola Consolidated Inc. | 0.44% | 59,665 | $50.5M | Add +36.9% |
| MRVL Marvell Technology Inc. | 0.44% | 708,225 | $50.2M | Reduce -9.9% |
| HQY Healthequity Inc. | 0.43% | 605,710 | $49.4M | New |
| CTVA Corteva Inc. | 0.42% | 829,559 | $47.8M | New |
| ULTA Ulta Beauty Inc. | 0.42% | 91,284 | $47.7M | Add +71.1% |
| MGRC McGrath Rentcorp | 0.42% | 385,980 | $47.6M | Add +82.3% |
| VVV Valvoline Inc. | 0.42% | 1,062,580 | $47.4M | Add +28.1% |
| UBSI United Bankshares Inc. | 0.41% | 1,311,291 | $46.9M | Add +14.8% |
| AAON Aaon Inc. | 0.41% | 527,875 | $46.5M | Add +71.1% |
| ASO Academy Sports & Outdoors Inc. | 0.41% | 687,135 | $46.4M | Add +74.9% |
| CACI Caci International Inc. Class A | 0.41% | 122,148 | $46.3M | Reduce -1.1% |
| SIG Signet Jewelers Ltd. | 0.40% | 452,765 | $45.3M | Add +14.8% |
| AGNC AGNC Investment Corp. | 0.39% | 4,516,330 | $44.7M | Add +14.8% |
| GIL Gildan Activewear Inc. | 0.39% | 1,196,560 | $44.4M | Add +14.8% |
| GATX Gatx Corp. | 0.38% | 326,466 | $43.8M | Reduce -21.8% |
| WMS Advanced Drainage Systems Inc. | 0.38% | 253,933 | $43.7M | Reduce -24.6% |
| TYL Tyler Technologies Inc. | 0.38% | 101,435 | $43.1M | Add +18.6% |
| RGA Reinsurance Group of America | 0.38% | 223,029 | $43.0M | Reduce -11.1% |
| TFII Tfi International Inc. | 0.37% | 267,046 | $42.6M | New |
| BWXT BWX Technologies Inc. | 0.37% | 410,315 | $42.1M | New |
| APO Apollo Global Management Inc. | 0.37% | 371,619 | $41.8M | Add +100.7% |
| EXR Extra Space Storage Inc. | 0.36% | 275,488 | $40.5M | Reduce -45.6% |
| NVT Nvent Electric PLC | 0.35% | 523,456 | $39.5M | Add +42.8% |
| EGP Eastgroup Properties Inc. | 0.34% | 215,775 | $38.8M | Reduce -40.4% |
| COTY Coty Inc. Class A | 0.33% | 3,174,872 | $38.0M | Add +78.4% |
| UCTT Ultra Clean Holdings Inc. | 0.33% | 808,723 | $37.2M | Add +47.6% |
| VMI Valmont Industries | 0.32% | 161,605 | $36.9M | Add +69.0% |
| PTEN Patterson-Uti Energy Inc. | 0.32% | 3,064,107 | $36.6M | Add +15.7% |
Portfolio Sells Q4 2023 → Q1 2024
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −1.76 |
| VRSN Verisign Inc. | Sold out | 0.00% | −1.59 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −1.47 |
| AON Aon PLC Class A | Sold out | 0.00% | −1.40 |
| JNJ Johnson & Johnson | Reduce -97.1% | 0.03% | −1.04 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.96 |
| CHE Chemed Corp. | Sold out | 0.00% | −0.96 |
| CRM Salesforce Inc. | Reduce -32.0% | 1.61% | −0.74 |
| ICE Intercontinental Exchange Inc. | Reduce -18.1% | 1.95% | −0.58 |
| NSA National Storage Affiliates | Sold out | 0.00% | −0.49 |
| SR Spire Inc. | Sold out | 0.00% | −0.48 |
| AEIS Advanced Energy Industries | Sold out | 0.00% | −0.46 |
| EXR Extra Space Storage Inc. | Reduce -45.6% | 0.36% | −0.46 |
| MMS Maximus Inc. | Sold out | 0.00% | −0.45 |
| MC Moelis & Co. Class A | Sold out | 0.00% | −0.42 |
| BRSL Brightstar Lottery PLC | Sold out | 0.00% | −0.39 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −0.33 |
| EGP Eastgroup Properties Inc. | Reduce -40.4% | 0.34% | −0.32 |
| EQC Equity Commonwealth | Sold out | 0.00% | −0.31 |
| AVTR Avantor Inc. | Reduce -52.2% | 0.27% | −0.30 |
| VRT Vertiv Holdings Co. Class A | Reduce -77.9% | 0.14% | −0.29 |
| NSIT Insight Enterprises Inc. | Reduce -19.1% | 0.84% | −0.29 |
| SITE Siteone Landscape Supply Inc. | Reduce -66.5% | 0.13% | −0.28 |
| SHW The Sherwin-Williams Co. | Reduce -10.1% | 2.07% | −0.28 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -66.6% | 0.14% | −0.28 |
| AXTA Axalta Coating Systems Ltd. | Reduce -28.8% | 0.48% | −0.28 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.27 |
| MDB Mongodb Inc. | Reduce -47.1% | 0.18% | −0.27 |
| PMT Pennymac Mortgage Investment | Sold out | 0.00% | −0.23 |
| WAL Western Alliance Bancorp | Reduce -6.5% | 0.91% | −0.22 |
| NTB Bank of N.T. Butterfield&son | Sold out | 0.00% | −0.21 |
| FL Foot Locker Inc. | Sold out | 0.00% | −0.21 |
| ZION Zions Bancorp NA | Reduce -8.1% | 0.81% | −0.20 |
| CMA Comerica Inc. | Reduce -6.0% | 0.88% | −0.20 |
| HES Hess Corp. | Reduce -12.3% | 0.85% | −0.19 |
| LH Laboratory CRP of Amer Hldgs | Sold out | 0.00% | −0.18 |
| WSC Willscot Holdings Corp. | Reduce -33.4% | 0.27% | −0.17 |
| VST Vistra Corp. | Reduce -67.2% | 0.19% | −0.17 |
| IWV iShares Russell 3000 ETF | Sold out | 0.00% | −0.17 |
| RH RH | Sold out | 0.00% | −0.16 |
| WTS Watts Water Technologies-A | Sold out | 0.00% | −0.16 |
| FN Fabrinet | Reduce -5.6% | 0.63% | −0.13 |
| OTIS Otis Worldwide Corp. | Reduce -43.9% | 0.15% | −0.12 |
| GATX Gatx Corp. | Reduce -21.8% | 0.38% | −0.12 |
| RJF Raymond James Financial Inc. | Reduce -31.9% | 0.26% | −0.12 |
| EXC Exelon Corp. | Sold out | 0.00% | −0.10 |
| AME Ametek Inc. | Reduce -39.2% | 0.14% | −0.09 |
| CCK Crown Holdings Inc. | Sold out | 0.00% | −0.09 |
| WMS Advanced Drainage Systems Inc. | Reduce -24.6% | 0.38% | −0.09 |
| NXST Nexstar Media Group Inc. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q4 2023 → Q1 2024
| KNSL Kinsale Capital Group Inc. | New | 1.72% | +1.72 |
| SNOW Snowflake Inc. | New | 1.51% | +1.51 |
| ON On Semiconductor | Add +378.2% | 1.76% | +1.29 |
| DIS The Walt Disney Co. | Add +84.6% | 2.15% | +1.17 |
| JPM JPMorgan Chase & Co. | Add +57.5% | 2.27% | +0.88 |
| DASH DoorDash Inc. Class A | New | 0.81% | +0.81 |
| SAIA Saia Inc. | Add +6.8% | 3.64% | +0.74 |
| EL Estee Lauder Companies Class A | Add +79.3% | 1.58% | +0.63 |
| DHR Danaher Corp. | Add +49.6% | 1.99% | +0.59 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.58% | +0.58 |
| EVR Evercore Inc. Class A | New | 0.49% | +0.49 |
| HQY Healthequity Inc. | New | 0.43% | +0.43 |
| CTVA Corteva Inc. | New | 0.42% | +0.42 |
| CWK Cushman & Wakefield UK Holdc | Add +580.8% | 0.51% | +0.42 |
| TFII Tfi International Inc. | New | 0.37% | +0.37 |
| BWXT BWX Technologies Inc. | New | 0.37% | +0.37 |
| NDAQ Nasdaq Inc. | Add +196.5% | 0.56% | +0.36 |
| ALL Allstate Corp. | Add +145.8% | 0.48% | +0.30 |
| DXCM Dexcom Inc. | Add +21.3% | 1.72% | +0.28 |
| FTI Technipfmc PLC | Add +56.7% | 0.65% | +0.27 |
| ONTO Onto Innovation Inc. | New | 0.26% | +0.26 |
| WIRE Encore Wire Corp. | New | 0.22% | +0.22 |
| KMPR Kemper Corp. | New | 0.21% | +0.21 |
| MTRN Materion Corp. | Add +83.9% | 0.51% | +0.20 |
| PLD Prologis Inc. | Add +38.0% | 1.26% | +0.20 |
| APO Apollo Global Management Inc. | Add +100.7% | 0.37% | +0.19 |
| SKX Skechers USA Inc. Class A | Add +62.6% | 0.66% | +0.19 |
| AAON Aaon Inc. | Add +71.1% | 0.41% | +0.18 |
| AZEK The Azek Co. Inc. | Add +143.2% | 0.28% | +0.18 |
| CC The Chemours Co. | Add +91.5% | 0.61% | +0.17 |
| PR Permian Resources Corp. Class A | Add +23.1% | 0.60% | +0.17 |
| KEX Kirby Corp. | Add +21.4% | 0.75% | +0.17 |
| MGRC McGrath Rentcorp | Add +82.3% | 0.42% | +0.17 |
| ULTA Ulta Beauty Inc. | Add +71.1% | 0.42% | +0.16 |
| ASO Academy Sports & Outdoors Inc. | Add +74.9% | 0.41% | +0.15 |
| JBI Janus International Group Inc. | Add +23.2% | 0.70% | +0.14 |
| UCTT Ultra Clean Holdings Inc. | Add +47.6% | 0.33% | +0.14 |
| WRBY Warby Parker Inc. Class A | New | 0.14% | +0.14 |
| MTDR Matador Resources Co. | Add +33.4% | 0.48% | +0.13 |
| NVT Nvent Electric PLC | Add +42.8% | 0.35% | +0.13 |
| CHRD Chord Energy Corp. | Add +38.6% | 0.53% | +0.12 |
| APAM Artisan Partners Asset Ma -A | Add +42.5% | 0.54% | +0.12 |
| COTY Coty Inc. Class A | Add +78.4% | 0.33% | +0.11 |
| AR Antero Resources Corp. | Add +47.1% | 0.27% | +0.11 |
| VVV Valvoline Inc. | Add +28.1% | 0.42% | +0.10 |
| SIGI Selective Insurance Group | Add +27.5% | 0.55% | +0.10 |
| VMI Valmont Industries | Add +69.0% | 0.32% | +0.10 |
| HUBB Hubbell Inc. | Add +81.0% | 0.20% | +0.10 |
| RRR Red Rock Resorts Inc. Class A | Add +24.9% | 0.50% | +0.09 |
| CSTM Constellium SE | Add +19.4% | 0.60% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 208 | $11.3B | NVDA, LLY, GOOGL, TSM, AAPL |
| Q1 2026 | 222 | $10.0B | NVDA, GOOGL, LLY, IWN, LECO |
| Q4 2025 | 214 | $10.2B | GOOGL, NVDA, AMZN, LLY, MSFT |
| Q3 2025 | 198 | $11.0B | NVDA, MSFT, AMZN, GOOGL, TSM |
| Q2 2025 | 195 | $10.7B | MSFT, AMZN, NVDA, META, TSM |
| Q1 2025 | 207 | $10.0B | MSFT, AMZN, ICE, BRK.B, NVDA |
| Q4 2024 | 205 | $10.8B | NVDA, MSFT, AMZN, GOOGL, DIS |
| Q3 2024 | 205 | $11.2B | MPWR, MSFT, NVDA, AMZN, GOOGL |
| Q2 2024 | 201 | $10.8B | MSFT, MPWR, NVDA, GOOGL, AMZN |
| Q1 2024 | 203 | $11.4B | SAIA, MSFT, MPWR, NVDA, AMZN |