Vaughan Nelson Investment Management, L.P.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 6, 2024), Vaughan Nelson Investment Management, L.P. reported 205 stock positions worth $11.2 billion. Its top holding was Monolithic Power Systems (MPWR) at 3.7% of the portfolio, followed by Microsoft (MSFT, 3.4%) and Nvidia (NVDA, 3.1%). Compared with Q2 2024, it opened 21 new positions, sold out of 17, added to 74 and reduced 67. The biggest buy was a new position in Comfort Systems USA (FIX) and the biggest sale an exit from Dexcom (DXCM).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001021642
- Portfolio Value
- $11.2B (Q3 2024)
- SEC Filing
- 0001021642-24-000005 ↗ filed Nov 6, 2024
Holdings Value
Holdings 205 stocks · $11.2B
| MPWR Monolithic Power Systems Inc. | 3.67% | 446,215 | $412.5M | Reduce -4.2% |
| MSFT Microsoft Corp. | 3.38% | 882,139 | $379.6M | Reduce -2.1% |
| NVDA Nvidia Corp. | 3.14% | 2,907,842 | $353.1M | Reduce -1.8% |
| AMZN Amazon.com Inc. | 2.74% | 1,652,147 | $307.8M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 2.41% | 1,632,487 | $270.7M | Reduce -9.8% |
| ZTS Zoetis Inc. | 2.34% | 1,346,176 | $263.0M | Reduce -1.7% |
| ON On Semiconductor | 2.22% | 3,438,328 | $249.7M | Add +0.3% |
| ICE Intercontinental Exchange Inc. | 2.18% | 1,522,172 | $244.5M | Add +4.9% |
| JPM JPMorgan Chase & Co. | 2.10% | 1,118,677 | $235.9M | Reduce -17.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.86% | 2,172,668 | $209.0M | Add +4.4% |
| SAIA Saia Inc. | 1.65% | 424,152 | $185.5M | Reduce -30.8% |
| NOW ServiceNow Inc. | 1.63% | 205,164 | $183.5M | Add +28.2% |
| DHR Danaher Corp. | 1.53% | 619,386 | $172.2M | Reduce -1.7% |
| INTU Intuit Inc. | 1.53% | 276,830 | $171.9M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.52% | 371,671 | $171.1M | Reduce -23.6% |
| DASH DoorDash Inc. Class A | 1.52% | 1,195,831 | $170.7M | Reduce -7.0% |
| CTVA Corteva Inc. | 1.52% | 2,900,483 | $170.5M | Reduce -29.0% |
| ORLY O'reilly Automotive Inc. | 1.50% | 146,206 | $168.4M | Reduce -24.2% |
| WAL Western Alliance Bancorp | 1.39% | 1,802,505 | $155.9M | Add +10.4% |
| CWK Cushman & Wakefield UK Holdc | 1.38% | 11,380,120 | $155.1M | Add +83.3% |
| AGNC AGNC Investment Corp. | 1.35% | 14,446,725 | $151.1M | Add +200.5% |
| CMA Comerica Inc. | 1.28% | 2,408,820 | $144.3M | Add +31.3% |
| FIX Comfort Systems USA Inc. | 1.24% | 356,057 | $139.0M | New |
| ETN Eaton Corp. PLC | 1.23% | 415,743 | $137.8M | New |
| ESI Element Solutions Inc. | 1.21% | 4,999,689 | $135.8M | Reduce -2.1% |
| AAON Aaon Inc. | 1.18% | 1,225,600 | $132.2M | Add +12.5% |
| SHW The Sherwin-Williams Co. | 1.16% | 341,710 | $130.4M | Reduce -33.2% |
| ZION Zions Bancorp NA | 1.13% | 2,684,460 | $126.8M | Add +25.1% |
| AR Antero Resources Corp. | 1.12% | 4,378,849 | $125.5M | Add +10.4% |
| BLD Topbuild Corp. | 1.02% | 280,769 | $114.2M | New |
| KOS Kosmos Energy Ltd. | 1.01% | 28,245,415 | $113.8M | Add +7.3% |
| IWN iShares Russell 2000 Value E | 0.99% | 665,455 | $111.0M | Add +1457.3% |
| BDX Becton Dickinson and Co. | 0.96% | 448,953 | $108.2M | New |
| KNSL Kinsale Capital Group Inc. | 0.96% | 230,815 | $107.5M | Reduce -45.9% |
| FAF First American Financial | 0.88% | 1,493,111 | $98.6M | Add +4.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.79% | 497,490 | $88.2M | Reduce -0.1% |
| BECN Beacon Roofing Supply Inc. | 0.74% | 963,077 | $83.2M | Add +18.7% |
| IBP Installed Building Products | 0.72% | 329,166 | $81.1M | Add +6.5% |
| LRN Stride Inc. | 0.71% | 929,855 | $79.3M | Add +51.1% |
| GIL Gildan Activewear Inc. | 0.68% | 1,618,420 | $76.2M | Add +2.8% |
| GMED Globus Medical Inc. Class A | 0.67% | 1,059,472 | $75.8M | Reduce -6.8% |
| AXTA Axalta Coating Systems Ltd. | 0.64% | 1,991,660 | $72.1M | Add +11.5% |
| NNN NNN REIT Inc. | 0.62% | 1,443,975 | $70.0M | Add +1.0% |
| NSIT Insight Enterprises Inc. | 0.62% | 325,053 | $70.0M | Reduce -10.5% |
| HQY Healthequity Inc. | 0.61% | 843,423 | $69.0M | Add +36.7% |
| SKY Champion Homes Inc. | 0.61% | 722,182 | $68.5M | Reduce -14.5% |
| STAG Stag Industrial Inc. | 0.61% | 1,750,632 | $68.4M | Reduce -1.4% |
| KEX Kirby Corp. | 0.61% | 557,547 | $68.3M | Reduce -14.4% |
| MTRN Materion Corp. | 0.60% | 603,445 | $67.5M | Add +12.0% |
| SIGI Selective Insurance Group | 0.60% | 717,946 | $67.0M | Add +16.4% |
| APAM Artisan Partners Asset Ma -A | 0.59% | 1,533,396 | $66.4M | Add +6.9% |
| CADE Cadence Bank | 0.59% | 2,083,518 | $66.4M | Add +16.3% |
| EGP Eastgroup Properties Inc. | 0.57% | 343,140 | $64.1M | Add +22.2% |
| RUSHA Rush Enterprises Inc. Class A | 0.56% | 1,186,393 | $62.7M | Add +13.2% |
| RMBS Rambus Inc. | 0.55% | 1,462,932 | $61.8M | Add +32.3% |
| CLS Celestica Inc. | 0.54% | 1,197,375 | $61.2M | New |
| RRR Red Rock Resorts Inc. Class A | 0.54% | 1,114,215 | $60.7M | Reduce -6.8% |
| VMI Valmont Industries | 0.54% | 208,645 | $60.5M | Add +12.8% |
| POR Portland General Electric Co. | 0.54% | 1,259,845 | $60.3M | Add +72.6% |
| PB Prosperity Bancshares Inc. | 0.54% | 835,565 | $60.2M | Add +4.6% |
| ONTO Onto Innovation Inc. | 0.53% | 288,215 | $59.8M | Add +42.4% |
| COKE Coca-Cola Consolidated Inc. | 0.53% | 45,405 | $59.8M | Reduce -59.5% |
| VMC Vulcan Materials Co. | 0.53% | 238,620 | $59.8M | Add +15.0% |
| JBI Janus International Group Inc. | 0.53% | 5,898,245 | $59.6M | Reduce -2.3% |
| MFA Mfa Financial Inc. | 0.52% | 4,583,087 | $58.3M | Add +35.4% |
| ALG Alamo Group Inc. | 0.52% | 322,423 | $58.1M | Reduce -13.6% |
| TYL Tyler Technologies Inc. | 0.51% | 99,040 | $57.8M | Reduce -19.6% |
| UBSI United Bankshares Inc. | 0.51% | 1,558,081 | $57.8M | Add +16.7% |
| MRVL Marvell Technology Inc. | 0.50% | 775,450 | $55.9M | Add +10.7% |
| VST Vistra Corp. | 0.48% | 456,207 | $54.1M | Add +194.8% |
| AXON Axon Enterprise Inc. | 0.48% | 135,313 | $54.1M | Reduce -13.9% |
| CFR Cullen/Frost Bankers Inc. | 0.48% | 482,860 | $54.0M | New |
| EXR Extra Space Storage Inc. | 0.48% | 298,605 | $53.8M | Add +9.7% |
| FN Fabrinet | 0.48% | 227,305 | $53.7M | Reduce -18.8% |
| NDAQ Nasdaq Inc. | 0.48% | 735,323 | $53.7M | Reduce -26.4% |
| CCL Carnival Corp. | 0.47% | 2,870,760 | $53.1M | Add +72.3% |
| COTY Coty Inc. Class A | 0.47% | 5,642,602 | $53.0M | Add +42.6% |
| RXO Rxo Inc. | 0.47% | 1,867,080 | $52.3M | Add +14.7% |
| TMDX Transmedics Group Inc. | 0.46% | 329,010 | $51.7M | Add +24.3% |
| VVV Valvoline Inc. | 0.46% | 1,227,535 | $51.4M | Add +8.5% |
| BWXT BWX Technologies Inc. | 0.46% | 471,090 | $51.2M | Add +8.6% |
| FCFS Firstcash Holdings Inc. | 0.45% | 437,205 | $50.2M | New |
| ACHC Acadia Healthcare Co. Inc. | 0.43% | 768,940 | $48.8M | Add +4.8% |
| NVT Nvent Electric PLC | 0.43% | 684,732 | $48.1M | Add +32.4% |
| AMN Amn Healthcare Services Inc. | 0.41% | 1,096,965 | $46.5M | Add +23.6% |
| CC The Chemours Co. | 0.39% | 2,166,741 | $44.0M | Reduce -23.3% |
| PFGC Performance Food Group Co. | 0.39% | 560,816 | $44.0M | Add +11.0% |
| GEV GE Vernova Inc. | 0.39% | 170,745 | $43.5M | New |
| COR Cencora Inc. | 0.38% | 189,746 | $42.7M | Add +43.9% |
| CDW CDW Corp. | 0.37% | 184,613 | $41.8M | Add +20.8% |
| WRBY Warby Parker Inc. Class A | 0.37% | 2,555,705 | $41.7M | Add +3.2% |
| ALLE Allegion PLC | 0.36% | 280,211 | $40.8M | Reduce -0.1% |
| CIEN Ciena Corp. | 0.36% | 656,196 | $40.4M | New |
| FTI Technipfmc PLC | 0.36% | 1,536,710 | $40.3M | Add +24.4% |
| EVR Evercore Inc. Class A | 0.35% | 155,535 | $39.4M | Reduce -55.1% |
| TOL Toll Brothers Inc. | 0.35% | 252,345 | $39.0M | New |
| GATX Gatx Corp. | 0.34% | 291,366 | $38.6M | Reduce -16.1% |
| BBY Best Buy Co. Inc. | 0.34% | 369,485 | $38.2M | Add +37.2% |
| RRC Range Resources Corp. | 0.33% | 1,197,000 | $36.8M | Add +0.9% |
| BLDR Builders Firstsource Inc. | 0.33% | 188,385 | $36.5M | Add +47.8% |
Portfolio Sells Q2 2024 → Q3 2024
| DXCM Dexcom Inc. | Sold out | 0.00% | −1.69 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −1.09 |
| SAIA Saia Inc. | Reduce -30.8% | 1.65% | −1.03 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.97 |
| GOOGL Alphabet Inc. Class A | Reduce -9.8% | 2.41% | −0.63 |
| COKE Coca-Cola Consolidated Inc. | Reduce -59.5% | 0.53% | −0.59 |
| KNSL Kinsale Capital Group Inc. | Reduce -45.9% | 0.96% | −0.56 |
| CTVA Corteva Inc. | Reduce -29.0% | 1.52% | −0.52 |
| CNM Core & Main Inc. Class A | Reduce -98.3% | 0.01% | −0.51 |
| EFOR Everforth Inc. | Sold out | 0.00% | −0.47 |
| MGRC McGrath Rentcorp | Reduce -97.7% | 0.01% | −0.47 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.44 |
| JPM JPMorgan Chase & Co. | Reduce -17.0% | 2.10% | −0.42 |
| CSTM Constellium SE | Reduce -64.1% | 0.17% | −0.41 |
| ASO Academy Sports & Outdoors Inc. | Sold out | 0.00% | −0.40 |
| UCTT Ultra Clean Holdings Inc. | Sold out | 0.00% | −0.39 |
| ORLY O'reilly Automotive Inc. | Reduce -24.2% | 1.50% | −0.38 |
| MSFT Microsoft Corp. | Reduce -2.1% | 3.38% | −0.34 |
| IQV Iqvia Holdings Inc. | Reduce -71.8% | 0.15% | −0.33 |
| FELE Franklin Electric Co. Inc. | Sold out | 0.00% | −0.32 |
| FSS Federal Signal Corp. | Sold out | 0.00% | −0.32 |
| EVR Evercore Inc. Class A | Reduce -55.1% | 0.35% | −0.32 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -23.6% | 1.52% | −0.30 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.29 |
| AMZN Amazon.com Inc. | Reduce -2.2% | 2.74% | −0.27 |
| SHW The Sherwin-Williams Co. | Reduce -33.2% | 1.16% | −0.25 |
| MATV Mativ Holdings Inc. | Sold out | 0.00% | −0.24 |
| PR Permian Resources Corp. Class A | Reduce -36.0% | 0.26% | −0.24 |
| NVDA Nvidia Corp. | Reduce -1.8% | 3.14% | −0.23 |
| CC The Chemours Co. | Reduce -23.3% | 0.39% | −0.20 |
| FLS Flowserve Corp. | Reduce -56.7% | 0.15% | −0.19 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.19 |
| INTU Intuit Inc. | Reduce -1.6% | 1.53% | −0.18 |
| JBI Janus International Group Inc. | Reduce -2.3% | 0.53% | −0.17 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.16 |
| FN Fabrinet | Reduce -18.8% | 0.48% | −0.15 |
| KFRC Kforce Inc. | Reduce -27.6% | 0.30% | −0.13 |
| SITE Siteone Landscape Supply Inc. | Reduce -62.5% | 0.10% | −0.12 |
| SIG Signet Jewelers Ltd. | Reduce -34.9% | 0.32% | −0.12 |
| FND Floor & Decor Holdings Inc. Class A | Sold out | 0.00% | −0.11 |
| KMPR Kemper Corp. | Reduce -33.2% | 0.23% | −0.11 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.11 |
| KEX Kirby Corp. | Reduce -14.4% | 0.61% | −0.11 |
| PTEN Patterson-Uti Energy Inc. | Reduce -3.5% | 0.21% | −0.10 |
| OTIS Otis Worldwide Corp. | Sold out | 0.00% | −0.09 |
| RGA Reinsurance Group of America | Reduce -34.2% | 0.19% | −0.09 |
| TFII Tfi International Inc. | Reduce -17.0% | 0.27% | −0.09 |
| APO Apollo Global Management Inc. | Reduce -22.7% | 0.32% | −0.08 |
| GATX Gatx Corp. | Reduce -16.1% | 0.34% | −0.08 |
| MTDR Matador Resources Co. | Reduce -3.4% | 0.27% | −0.08 |
Portfolio Buys Q2 2024 → Q3 2024
| FIX Comfort Systems USA Inc. | New | 1.24% | +1.24 |
| ETN Eaton Corp. PLC | New | 1.23% | +1.23 |
| BLD Topbuild Corp. | New | 1.02% | +1.02 |
| BDX Becton Dickinson and Co. | New | 0.96% | +0.96 |
| IWN iShares Russell 2000 Value E | Add +1457.3% | 0.99% | +0.93 |
| AGNC AGNC Investment Corp. | Add +200.5% | 1.35% | +0.92 |
| CWK Cushman & Wakefield UK Holdc | Add +83.3% | 1.38% | +0.78 |
| CLS Celestica Inc. | New | 0.54% | +0.54 |
| CFR Cullen/Frost Bankers Inc. | New | 0.48% | +0.48 |
| NOW ServiceNow Inc. | Add +28.2% | 1.63% | +0.47 |
| FCFS Firstcash Holdings Inc. | New | 0.45% | +0.45 |
| WAL Western Alliance Bancorp | Add +10.4% | 1.39% | +0.44 |
| CMA Comerica Inc. | Add +31.3% | 1.28% | +0.42 |
| GEV GE Vernova Inc. | New | 0.39% | +0.39 |
| CIEN Ciena Corp. | New | 0.36% | +0.36 |
| VST Vistra Corp. | Add +194.8% | 0.48% | +0.36 |
| TOL Toll Brothers Inc. | New | 0.35% | +0.35 |
| ICE Intercontinental Exchange Inc. | Add +4.9% | 2.18% | +0.34 |
| HRI Herc Holdings Inc. | New | 0.32% | +0.32 |
| LRN Stride Inc. | Add +51.1% | 0.71% | +0.31 |
| AAON Aaon Inc. | Add +12.5% | 1.18% | +0.30 |
| ZION Zions Bancorp NA | Add +25.1% | 1.13% | +0.27 |
| POR Portland General Electric Co. | Add +72.6% | 0.54% | +0.25 |
| LECO Lincoln Electric Holdings | New | 0.21% | +0.21 |
| MFA Mfa Financial Inc. | Add +35.4% | 0.52% | +0.19 |
| CCL Carnival Corp. | Add +72.3% | 0.47% | +0.18 |
| FAF First American Financial | Add +4.7% | 0.88% | +0.17 |
| BLDR Builders Firstsource Inc. | Add +47.8% | 0.33% | +0.16 |
| XPO Xpo Inc. | New | 0.16% | +0.16 |
| DHI D.R. Horton Inc. | New | 0.16% | +0.16 |
| RUSHA Rush Enterprises Inc. Class A | Add +13.2% | 0.56% | +0.15 |
| MXL Maxlinear Inc. | New | 0.15% | +0.15 |
| IBP Installed Building Products | Add +6.5% | 0.72% | +0.13 |
| BBY Best Buy Co. Inc. | Add +37.2% | 0.34% | +0.13 |
| EGP Eastgroup Properties Inc. | Add +22.2% | 0.57% | +0.13 |
| JELD Jeld-Wen Holding Inc. | Add +57.3% | 0.30% | +0.13 |
| GIL Gildan Activewear Inc. | Add +2.8% | 0.68% | +0.13 |
| HQY Healthequity Inc. | Add +36.7% | 0.61% | +0.12 |
| CADE Cadence Bank | Add +16.3% | 0.59% | +0.12 |
| ONTO Onto Innovation Inc. | Add +42.4% | 0.53% | +0.12 |
| UBSI United Bankshares Inc. | Add +16.7% | 0.51% | +0.11 |
| COR Cencora Inc. | Add +43.9% | 0.38% | +0.11 |
| COTY Coty Inc. Class A | Add +42.6% | 0.47% | +0.11 |
| TMDX Transmedics Group Inc. | Add +24.3% | 0.46% | +0.09 |
| EXR Extra Space Storage Inc. | Add +9.7% | 0.48% | +0.09 |
| MSCI MSCI Inc. | Add +17.6% | 0.32% | +0.09 |
| PB Prosperity Bancshares Inc. | Add +4.6% | 0.54% | +0.08 |
| PFGC Performance Food Group Co. | Add +11.0% | 0.39% | +0.08 |
| AXTA Axalta Coating Systems Ltd. | Add +11.5% | 0.64% | +0.08 |
| BWXT BWX Technologies Inc. | Add +8.6% | 0.46% | +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 |