Vaughan Nelson Investment Management, L.P.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), Vaughan Nelson Investment Management, L.P. reported 205 stock positions worth $10.8 billion. Its top holding was Nvidia (NVDA) at 3.5% of the portfolio, followed by Microsoft (MSFT, 3.3%) and Amazon.com (AMZN, 3.2%). Compared with Q3 2024, it opened 18 new positions, sold out of 18, added to 66 and reduced 76. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale Monolithic Power Systems (MPWR, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001021642
- Portfolio Value
- $10.8B (Q4 2024)
- SEC Filing
- 0001021642-25-000001 ↗ filed Jan 28, 2025
Holdings Value
Holdings 205 stocks · $10.8B
| NVDA Nvidia Corp. | 3.46% | 2,775,702 | $372.7M | Reduce -4.5% |
| MSFT Microsoft Corp. | 3.31% | 843,919 | $355.7M | Reduce -4.3% |
| AMZN Amazon.com Inc. | 3.22% | 1,577,432 | $346.1M | Reduce -4.5% |
| GOOGL Alphabet Inc. Class A | 2.46% | 1,397,275 | $264.5M | Reduce -14.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.15% | 2,075,412 | $231.1M | Reduce -4.5% |
| MPWR Monolithic Power Systems Inc. | 2.13% | 386,686 | $228.8M | Reduce -13.3% |
| ICE Intercontinental Exchange Inc. | 2.01% | 1,454,119 | $216.7M | Reduce -4.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.96% | 1,070,687 | $211.4M | New |
| NOW ServiceNow Inc. | 1.93% | 196,036 | $207.8M | Reduce -4.5% |
| JPM JPMorgan Chase & Co. | 1.83% | 819,710 | $196.5M | Reduce -26.7% |
| DASH DoorDash Inc. Class A | 1.78% | 1,142,556 | $191.7M | Reduce -4.5% |
| ZTS Zoetis Inc. | 1.77% | 1,169,288 | $190.5M | Reduce -13.1% |
| SAIA Saia Inc. | 1.76% | 416,376 | $189.8M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 1.67% | 306,165 | $179.3M | Add +11033.3% |
| ORLY O'reilly Automotive Inc. | 1.54% | 139,652 | $165.6M | Reduce -4.5% |
| CWK Cushman & Wakefield UK Holdc | 1.52% | 12,474,380 | $163.2M | Add +9.6% |
| WAL Western Alliance Bancorp | 1.46% | 1,883,743 | $157.4M | Add +4.5% |
| CTVA Corteva Inc. | 1.45% | 2,731,022 | $155.6M | Reduce -5.8% |
| FIX Comfort Systems USA Inc. | 1.43% | 363,947 | $154.3M | Add +2.2% |
| CMA Comerica Inc. | 1.43% | 2,481,211 | $153.5M | Add +3.0% |
| INTU Intuit Inc. | 1.40% | 239,836 | $150.7M | Reduce -13.4% |
| ETN Eaton Corp. PLC | 1.37% | 445,706 | $147.9M | Add +7.2% |
| ZION Zions Bancorp NA | 1.36% | 2,698,530 | $146.4M | Add +0.5% |
| DHR Danaher Corp. | 1.26% | 591,571 | $135.8M | Reduce -4.5% |
| AGNC AGNC Investment Corp. | 1.23% | 14,407,721 | $132.7M | Reduce -0.3% |
| ESI Element Solutions Inc. | 1.23% | 5,209,130 | $132.5M | Add +4.2% |
| RCL Royal Caribbean Cruises Ltd. | 1.02% | 475,850 | $109.8M | Reduce -4.3% |
| MRVL Marvell Technology Inc. | 1.01% | 980,065 | $108.2M | Add +26.4% |
| EXE Expand Energy Corp. | 1.00% | 1,077,782 | $107.3M | New |
| CLS Celestica Inc. | 0.97% | 1,128,080 | $104.1M | Reduce -5.8% |
| BECN Beacon Roofing Supply Inc. | 0.93% | 985,199 | $100.1M | Add +2.3% |
| ON On Semiconductor | 0.91% | 1,546,605 | $97.5M | Reduce -55.0% |
| BDX Becton Dickinson and Co. | 0.90% | 428,872 | $97.3M | Reduce -4.5% |
| FAF First American Financial | 0.89% | 1,530,977 | $95.6M | Add +2.5% |
| SHW The Sherwin-Williams Co. | 0.86% | 273,154 | $92.9M | Reduce -20.1% |
| BLD Topbuild Corp. | 0.85% | 292,531 | $91.1M | Add +4.2% |
| EGP Eastgroup Properties Inc. | 0.77% | 517,770 | $83.1M | Add +50.9% |
| AAON Aaon Inc. | 0.77% | 699,720 | $82.3M | Reduce -42.9% |
| CFR Cullen/Frost Bankers Inc. | 0.74% | 596,617 | $80.1M | Add +23.6% |
| SIGI Selective Insurance Group | 0.72% | 828,327 | $77.5M | Add +15.4% |
| CADE Cadence Bank | 0.72% | 2,234,733 | $77.0M | Add +7.3% |
| HQY Healthequity Inc. | 0.68% | 758,463 | $72.8M | Reduce -10.1% |
| IBP Installed Building Products | 0.67% | 412,371 | $72.3M | Add +25.3% |
| KOS Kosmos Energy Ltd. | 0.65% | 20,395,199 | $69.8M | Reduce -27.8% |
| CCL Carnival Corp. | 0.64% | 2,780,100 | $69.3M | Reduce -3.2% |
| APAM Artisan Partners Asset Ma -A | 0.64% | 1,589,586 | $68.4M | Add +3.7% |
| CIEN Ciena Corp. | 0.63% | 799,546 | $67.8M | Add +21.9% |
| FN Fabrinet | 0.63% | 306,570 | $67.4M | Add +34.9% |
| PB Prosperity Bancshares Inc. | 0.62% | 889,219 | $67.0M | Add +6.4% |
| RUSHA Rush Enterprises Inc. Class A | 0.62% | 1,222,719 | $67.0M | Add +3.1% |
| BRKR Bruker Corp. | 0.62% | 1,141,762 | $66.9M | Add +140.3% |
| FTI Technipfmc PLC | 0.62% | 2,309,710 | $66.8M | Add +50.3% |
| VMC Vulcan Materials Co. | 0.60% | 250,385 | $64.4M | Add +4.9% |
| GIL Gildan Activewear Inc. | 0.60% | 1,363,725 | $64.2M | Reduce -15.7% |
| WRBY Warby Parker Inc. Class A | 0.60% | 2,645,540 | $64.0M | Add +3.5% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.59% | 500,530 | $63.6M | New |
| RRR Red Rock Resorts Inc. Class A | 0.58% | 1,344,058 | $62.1M | Add +20.6% |
| STAG Stag Industrial Inc. | 0.58% | 1,830,394 | $61.9M | Add +4.6% |
| MTRN Materion Corp. | 0.57% | 625,767 | $61.9M | Add +3.7% |
| NNN NNN REIT Inc. | 0.57% | 1,491,946 | $60.9M | Add +3.3% |
| UBSI United Bankshares Inc. | 0.56% | 1,612,170 | $60.5M | Add +3.5% |
| AXON Axon Enterprise Inc. | 0.56% | 101,183 | $60.1M | Reduce -25.2% |
| AR Antero Resources Corp. | 0.55% | 1,693,008 | $59.3M | Reduce -61.3% |
| FCFS Firstcash Holdings Inc. | 0.54% | 560,591 | $58.1M | Add +28.2% |
| POR Portland General Electric Co. | 0.53% | 1,311,781 | $57.2M | Add +4.1% |
| VVV Valvoline Inc. | 0.53% | 1,577,313 | $57.1M | Add +28.5% |
| RXO Rxo Inc. | 0.53% | 2,375,410 | $56.6M | Add +27.2% |
| GMED Globus Medical Inc. Class A | 0.52% | 679,592 | $56.2M | Reduce -35.9% |
| TYL Tyler Technologies Inc. | 0.51% | 95,620 | $55.1M | Reduce -3.5% |
| VMI Valmont Industries | 0.51% | 177,730 | $54.5M | Reduce -14.8% |
| BWXT BWX Technologies Inc. | 0.50% | 487,630 | $54.3M | Add +3.5% |
| MTDR Matador Resources Co. | 0.50% | 959,795 | $54.0M | Add +57.4% |
| XPO Xpo Inc. | 0.49% | 404,835 | $53.1M | Add +140.8% |
| MUR Murphy Oil Corp. | 0.49% | 1,751,737 | $53.0M | Add +91.6% |
| PR Permian Resources Corp. Class A | 0.49% | 3,636,091 | $52.3M | Add +68.8% |
| MFA Mfa Financial Inc. | 0.48% | 5,085,927 | $51.8M | Add +11.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 112,693 | $51.1M | Reduce -69.7% |
| LECO Lincoln Electric Holdings | 0.47% | 268,229 | $50.3M | Add +121.7% |
| COKE Coca-Cola Consolidated Inc. | 0.46% | 39,636 | $49.9M | Reduce -12.7% |
| CPRI Capri Holdings Ltd. | 0.45% | 2,324,455 | $49.0M | New |
| GXO Gxo Logistics Inc. | 0.44% | 1,094,860 | $47.6M | New |
| NSIT Insight Enterprises Inc. | 0.44% | 309,353 | $47.1M | Reduce -4.8% |
| PFGC Performance Food Group Co. | 0.42% | 536,566 | $45.4M | Reduce -4.3% |
| ALG Alamo Group Inc. | 0.42% | 241,311 | $44.9M | Reduce -25.2% |
| APO Apollo Global Management Inc. | 0.42% | 271,601 | $44.9M | Reduce -4.3% |
| NDAQ Nasdaq Inc. | 0.40% | 559,858 | $43.3M | Reduce -23.9% |
| EMBJ Embraer SA-Spon ADR | 0.39% | 1,153,560 | $42.3M | New |
| ACHC Acadia Healthcare Co. Inc. | 0.39% | 1,064,455 | $42.2M | Add +38.4% |
| RRC Range Resources Corp. | 0.39% | 1,168,690 | $42.0M | Reduce -2.4% |
| SKX Skechers USA Inc. Class A | 0.39% | 623,745 | $41.9M | Add +68.3% |
| DPZ Domino's Pizza Inc. | 0.39% | 99,345 | $41.7M | New |
| COTY Coty Inc. Class A | 0.38% | 5,929,663 | $41.3M | Add +5.1% |
| GATX Gatx Corp. | 0.38% | 264,885 | $41.0M | Reduce -9.1% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.38% | 216,065 | $40.9M | Reduce -4.3% |
| VST Vistra Corp. | 0.36% | 283,102 | $39.0M | Reduce -37.9% |
| RMBS Rambus Inc. | 0.36% | 735,788 | $38.9M | Reduce -49.7% |
| MSCI MSCI Inc. | 0.36% | 64,475 | $38.7M | Add +5.3% |
| TOL Toll Brothers Inc. | 0.34% | 293,010 | $36.9M | Add +16.1% |
| HII Huntington Ingalls Industrie | 0.34% | 191,520 | $36.2M | New |
| SKY Champion Homes Inc. | 0.33% | 407,105 | $35.9M | Reduce -43.6% |
Portfolio Sells Q3 2024 → Q4 2024
| MPWR Monolithic Power Systems Inc. | Reduce -13.3% | 2.13% | −1.55 |
| ON On Semiconductor | Reduce -55.0% | 0.91% | −1.32 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -69.7% | 0.47% | −1.05 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −0.96 |
| IWN iShares Russell 2000 Value E | Reduce -92.0% | 0.08% | −0.91 |
| LRN Stride Inc. | Sold out | 0.00% | −0.71 |
| AXTA Axalta Coating Systems Ltd. | Reduce -97.2% | 0.02% | −0.62 |
| ZTS Zoetis Inc. | Reduce -13.1% | 1.77% | −0.57 |
| AR Antero Resources Corp. | Reduce -61.3% | 0.55% | −0.57 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.53 |
| JBI Janus International Group Inc. | Sold out | 0.00% | −0.53 |
| AMN Amn Healthcare Services Inc. | Sold out | 0.00% | −0.41 |
| AAON Aaon Inc. | Reduce -42.9% | 0.77% | −0.41 |
| CC The Chemours Co. | Sold out | 0.00% | −0.39 |
| COR Cencora Inc. | Sold out | 0.00% | −0.38 |
| KOS Kosmos Energy Ltd. | Reduce -27.8% | 0.65% | −0.36 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.35 |
| KEX Kirby Corp. | Reduce -48.9% | 0.28% | −0.33 |
| SIG Signet Jewelers Ltd. | Sold out | 0.00% | −0.32 |
| NVT Nvent Electric PLC | Reduce -71.8% | 0.12% | −0.31 |
| EXR Extra Space Storage Inc. | Reduce -57.3% | 0.18% | −0.30 |
| KFRC Kforce Inc. | Sold out | 0.00% | −0.30 |
| SHW The Sherwin-Williams Co. | Reduce -20.1% | 0.86% | −0.30 |
| JELD Jeld-Wen Holding Inc. | Sold out | 0.00% | −0.30 |
| SKY Champion Homes Inc. | Reduce -43.6% | 0.33% | −0.28 |
| JPM JPMorgan Chase & Co. | Reduce -26.7% | 1.83% | −0.27 |
| DHR Danaher Corp. | Reduce -4.5% | 1.26% | −0.27 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.21 |
| ALLE Allegion PLC | Reduce -50.3% | 0.17% | −0.19 |
| RMBS Rambus Inc. | Reduce -49.7% | 0.36% | −0.19 |
| NSIT Insight Enterprises Inc. | Reduce -4.8% | 0.44% | −0.19 |
| CSTM Constellium SE | Sold out | 0.00% | −0.17 |
| CDW CDW Corp. | Reduce -30.2% | 0.21% | −0.16 |
| ICE Intercontinental Exchange Inc. | Reduce -4.5% | 2.01% | −0.16 |
| BBY Best Buy Co. Inc. | Reduce -37.6% | 0.18% | −0.16 |
| GMED Globus Medical Inc. Class A | Reduce -35.9% | 0.52% | −0.15 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.15 |
| BLDR Builders Firstsource Inc. | Reduce -26.7% | 0.18% | −0.14 |
| EFX Equifax Inc. | Reduce -86.0% | 0.02% | −0.14 |
| INTU Intuit Inc. | Reduce -13.4% | 1.40% | −0.13 |
| VST Vistra Corp. | Reduce -37.9% | 0.36% | −0.12 |
| AGNC AGNC Investment Corp. | Reduce -0.3% | 1.23% | −0.11 |
| ALG Alamo Group Inc. | Reduce -25.2% | 0.42% | −0.10 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.09 |
| GIL Gildan Activewear Inc. | Reduce -15.7% | 0.60% | −0.08 |
| NDAQ Nasdaq Inc. | Reduce -23.9% | 0.40% | −0.08 |
| AZO AutoZone Inc. | Reduce -28.4% | 0.24% | −0.07 |
| MSFT Microsoft Corp. | Reduce -4.3% | 3.31% | −0.07 |
| CTVA Corteva Inc. | Reduce -5.8% | 1.45% | −0.07 |
| COKE Coca-Cola Consolidated Inc. | Reduce -12.7% | 0.46% | −0.07 |
Portfolio Buys Q3 2024 → Q4 2024
| TSM Taiwan Semiconductor-SP ADR | New | 1.96% | +1.96 |
| META Meta Platforms Inc. Class A | Add +11033.3% | 1.67% | +1.65 |
| EXE Expand Energy Corp. | New | 1.00% | +1.00 |
| JBTM JBT Marel Corp. | New | 0.59% | +0.59 |
| MRVL Marvell Technology Inc. | Add +26.4% | 1.01% | +0.51 |
| CPRI Capri Holdings Ltd. | New | 0.45% | +0.45 |
| GXO Gxo Logistics Inc. | New | 0.44% | +0.44 |
| EMBJ Embraer SA-Spon ADR | New | 0.39% | +0.39 |
| DPZ Domino's Pizza Inc. | New | 0.39% | +0.39 |
| HII Huntington Ingalls Industrie | New | 0.34% | +0.34 |
| XPO Xpo Inc. | Add +140.8% | 0.49% | +0.33 |
| BRKR Bruker Corp. | Add +140.3% | 0.62% | +0.33 |
| MAN Manpowergroup Inc. | New | 0.32% | +0.32 |
| HLIO Helios Technologies Inc. | Add +5804.4% | 0.30% | +0.29 |
| CIEN Ciena Corp. | Add +21.9% | 0.63% | +0.27 |
| HEES H&E Equipment Services Inc. | New | 0.27% | +0.27 |
| CFR Cullen/Frost Bankers Inc. | Add +23.6% | 0.74% | +0.26 |
| FTI Technipfmc PLC | Add +50.3% | 0.62% | +0.26 |
| LECO Lincoln Electric Holdings | Add +121.7% | 0.47% | +0.26 |
| CMCO Columbus McKinnon Corp. | New | 0.25% | +0.25 |
| HWKN Hawkins Inc. | Add +487.7% | 0.29% | +0.24 |
| MTDR Matador Resources Co. | Add +57.4% | 0.50% | +0.23 |
| ZION Zions Bancorp NA | Add +0.5% | 1.36% | +0.23 |
| PR Permian Resources Corp. Class A | Add +68.8% | 0.49% | +0.22 |
| WRBY Warby Parker Inc. Class A | Add +3.5% | 0.60% | +0.22 |
| DKS Dick's Sporting Goods Inc. | New | 0.22% | +0.22 |
| OWL Blue Owl Capital Inc. | New | 0.22% | +0.22 |
| MUR Murphy Oil Corp. | Add +91.6% | 0.49% | +0.22 |
| OSK Oshkosh Corp. | New | 0.22% | +0.22 |
| EGP Eastgroup Properties Inc. | Add +50.9% | 0.77% | +0.20 |
| FIX Comfort Systems USA Inc. | Add +2.2% | 1.43% | +0.20 |
| BECN Beacon Roofing Supply Inc. | Add +2.3% | 0.93% | +0.19 |
| SKX Skechers USA Inc. Class A | Add +68.3% | 0.39% | +0.17 |
| ETN Eaton Corp. PLC | Add +7.2% | 1.37% | +0.15 |
| FN Fabrinet | Add +34.9% | 0.63% | +0.15 |
| MDB Mongodb Inc. | New | 0.14% | +0.14 |
| FLS Flowserve Corp. | Add +66.0% | 0.30% | +0.14 |
| CMA Comerica Inc. | Add +3.0% | 1.43% | +0.14 |
| CWK Cushman & Wakefield UK Holdc | Add +9.6% | 1.52% | +0.14 |
| CADE Cadence Bank | Add +7.3% | 0.72% | +0.12 |
| SIGI Selective Insurance Group | Add +15.4% | 0.72% | +0.12 |
| FCFS Firstcash Holdings Inc. | Add +28.2% | 0.54% | +0.09 |
| PB Prosperity Bancshares Inc. | Add +6.4% | 0.62% | +0.09 |
| MXL Maxlinear Inc. | Add +10.1% | 0.23% | +0.08 |
| WAL Western Alliance Bancorp | Add +4.5% | 1.46% | +0.07 |
| VVV Valvoline Inc. | Add +28.5% | 0.53% | +0.07 |
| VMC Vulcan Materials Co. | Add +4.9% | 0.60% | +0.07 |
| RUSHA Rush Enterprises Inc. Class A | Add +3.1% | 0.62% | +0.06 |
| RXO Rxo Inc. | Add +27.2% | 0.53% | +0.06 |
| CR Crane Co. | Add +36.5% | 0.19% | +0.05 |
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 |