Vaughan Nelson Investment Management, L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Vaughan Nelson Investment Management, L.P. reported 214 stock positions worth $10.2 billion. Its top holding was Alphabet Class A (GOOGL) at 3.0% of the portfolio, followed by Nvidia (NVDA, 2.9%) and Amazon.com (AMZN, 2.6%). Compared with Q3 2025, it opened 28 new positions, sold out of 12, added to 50 and reduced 115. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from Spotify Technology (SPOT).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001021642
- Portfolio Value
- $10.2B (Q4 2025)
- SEC Filing
- 0001021642-26-000001 ↗ filed Jan 15, 2026
Holdings Value
Holdings 214 stocks · $10.2B
| GOOGL Alphabet Inc. Class A | 2.97% | 971,186 | $304.0M | Reduce -16.4% |
| NVDA Nvidia Corp. | 2.87% | 1,571,733 | $293.1M | Reduce -16.3% |
| AMZN Amazon.com Inc. | 2.59% | 1,147,695 | $264.9M | Reduce -15.8% |
| LLY Eli Lilly & Co. | 2.42% | 230,021 | $247.2M | Reduce -13.0% |
| MSFT Microsoft Corp. | 2.33% | 492,504 | $238.2M | Reduce -16.8% |
| MPWR Monolithic Power Systems Inc. | 2.28% | 257,644 | $233.5M | Reduce -5.5% |
| TSM Taiwan Semiconductor-SP ADR | 2.14% | 720,480 | $218.9M | Reduce -21.1% |
| IWN iShares Russell 2000 Value E | 1.96% | 1,106,370 | $200.5M | Reduce -3.9% |
| AVGO Broadcom Inc. | 1.85% | 546,968 | $189.3M | Add +117.7% |
| META Meta Platforms Inc. Class A | 1.75% | 271,670 | $179.3M | Reduce -16.2% |
| JPM JPMorgan Chase & Co. | 1.70% | 539,986 | $174.0M | Reduce -23.4% |
| ZION Zions Bancorp NA | 1.70% | 2,964,419 | $173.5M | Reduce -8.6% |
| AAPL Apple Inc. | 1.58% | 594,115 | $161.5M | New |
| URI United Rentals Inc. | 1.54% | 194,666 | $157.5M | Reduce -16.2% |
| CWK Cushman & Wakefield Ltd. | 1.46% | 9,229,679 | $149.4M | Reduce -1.8% |
| NUE Nucor Corp. | 1.24% | 779,940 | $127.2M | Add +168.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.22% | 248,532 | $124.9M | Add +9.9% |
| ORLY O'reilly Automotive Inc. | 1.17% | 1,309,361 | $119.4M | Reduce -16.3% |
| COF Capital One Financial Corp. | 1.15% | 485,517 | $117.7M | Reduce -43.0% |
| ETN Eaton Corp. PLC | 1.15% | 368,345 | $117.3M | Reduce -8.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.09% | 984,053 | $112.0M | Add +11.0% |
| COHR Coherent Corp. | 1.09% | 605,981 | $111.8M | Reduce -60.2% |
| LECO Lincoln Electric Holdings | 1.09% | 465,054 | $111.4M | Reduce -2.2% |
| ICE Intercontinental Exchange Inc. | 1.05% | 662,613 | $107.3M | Reduce -25.1% |
| ESI Element Solutions Inc. | 1.05% | 4,289,160 | $107.2M | Reduce -3.1% |
| VMI Valmont Industries | 0.96% | 243,475 | $98.0M | Reduce -4.0% |
| APAM Artisan Partners Asset Ma -A | 0.92% | 2,298,841 | $93.7M | Add +0.1% |
| CFR Cullen/Frost Bankers Inc. | 0.92% | 739,402 | $93.6M | Reduce -11.1% |
| PB Prosperity Bancshares Inc. | 0.90% | 1,331,989 | $92.1M | Reduce -3.1% |
| WCC Wesco International Inc. | 0.89% | 373,520 | $91.4M | Add +1.5% |
| SIGI Selective Insurance Group | 0.88% | 1,076,757 | $90.1M | Reduce -1.2% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.86% | 595,037 | $88.3M | Reduce -37.0% |
| COKE Coca-Cola Consolidated Inc. | 0.86% | 574,165 | $88.0M | Add +6.8% |
| CLH Clean Harbors Inc. | 0.85% | 370,875 | $87.0M | Add +2.3% |
| SNPS Synopsys Inc. | 0.82% | 178,998 | $84.1M | New |
| HXL Hexcel Corp. | 0.81% | 1,117,535 | $82.6M | Reduce -32.8% |
| GATX Gatx Corp. | 0.81% | 485,610 | $82.4M | Add +6.7% |
| HUBB Hubbell Inc. | 0.79% | 182,572 | $81.1M | Reduce -0.4% |
| THG Hanover Insurance Group Inc./ | 0.78% | 437,430 | $79.9M | Reduce -4.8% |
| SR Spire Inc. | 0.77% | 954,632 | $78.9M | Reduce -4.8% |
| BLD Topbuild Corp. | 0.77% | 188,471 | $78.6M | Reduce -24.4% |
| VVV Valvoline Inc. | 0.77% | 2,699,938 | $78.5M | Add +18.1% |
| XYL Xylem Inc. | 0.76% | 571,718 | $77.9M | Reduce -39.1% |
| BRKR Bruker Corp. | 0.76% | 1,640,715 | $77.3M | Reduce -21.5% |
| CSL Carlisle Cos Inc. | 0.75% | 239,560 | $76.6M | New |
| XOM Exxon Mobil Corp. | 0.75% | 636,175 | $76.6M | Reduce -0.6% |
| NOW ServiceNow Inc. | 0.75% | 497,731 | $76.2M | Reduce -11.1% |
| JBTM JBT Marel Corp. | 0.73% | 494,895 | $74.6M | Reduce -2.0% |
| SANM Sanmina Corp. | 0.71% | 483,900 | $72.6M | Reduce -10.1% |
| VMC Vulcan Materials Co. | 0.71% | 253,732 | $72.4M | Add +0.6% |
| HII Huntington Ingalls Industrie | 0.70% | 210,765 | $71.7M | Reduce -35.1% |
| FCFS Firstcash Holdings Inc. | 0.68% | 434,442 | $69.2M | Reduce -25.7% |
| BURL Burlington Stores Inc. | 0.67% | 236,799 | $68.4M | Reduce -2.5% |
| MLI Mueller Industries Inc. | 0.66% | 591,855 | $67.9M | Add +15.6% |
| CMC Commercial Metals Co. | 0.66% | 977,385 | $67.7M | Add +2.9% |
| EXE Expand Energy Corp. | 0.65% | 605,590 | $66.8M | Reduce -21.3% |
| PVH PVH Corp. | 0.64% | 973,895 | $65.3M | Add +9.8% |
| NWN Northwest Natural Holding Co. | 0.64% | 1,392,460 | $65.1M | Reduce -0.8% |
| EXP Eagle Materials Inc. | 0.63% | 313,790 | $64.9M | Reduce -4.8% |
| STAG Stag Industrial Inc. | 0.63% | 1,746,439 | $64.2M | Reduce -4.8% |
| AMRZ Amrize Ltd. | 0.62% | 1,174,704 | $63.5M | Reduce -38.1% |
| MUR Murphy Oil Corp. | 0.62% | 2,017,992 | $63.1M | Reduce -4.8% |
| AROC Archrock Inc. | 0.60% | 2,349,875 | $61.1M | New |
| AR Antero Resources Corp. | 0.59% | 1,754,348 | $60.5M | Reduce -4.8% |
| NDAQ Nasdaq Inc. | 0.56% | 590,559 | $57.4M | Add +55.5% |
| LNT Alliant Energy Corp. | 0.55% | 869,740 | $56.5M | Add +23.1% |
| WEC WEC Energy Group Inc. | 0.55% | 529,319 | $55.8M | Add +26.2% |
| BA The Boeing Co. | 0.55% | 256,940 | $55.8M | New |
| EVRG Evergy Inc. | 0.54% | 768,034 | $55.7M | Add +9.7% |
| CMS CMS Energy Corp. | 0.54% | 795,529 | $55.6M | Add +26.1% |
| FTI Technipfmc PLC | 0.54% | 1,238,688 | $55.2M | Add +101.5% |
| HWKN Hawkins Inc. | 0.53% | 383,427 | $54.5M | Add +7.1% |
| PR Permian Resources Corp. Class A | 0.52% | 3,824,931 | $53.7M | Add +0.9% |
| GIL Gildan Activewear Inc. | 0.52% | 857,435 | $53.6M | Reduce -4.8% |
| CSW CSW Industrials Inc. | 0.52% | 182,040 | $53.4M | Add +5.8% |
| CW Curtiss-Wright Corp. | 0.50% | 92,675 | $51.1M | New |
| CCC CCC Intelligent Solutions Ho | 0.49% | 6,334,100 | $50.4M | Add +6.6% |
| WRBY Warby Parker Inc. Class A | 0.49% | 2,305,680 | $50.2M | Reduce -4.8% |
| MTDR Matador Resources Co. | 0.45% | 1,096,095 | $46.5M | Reduce -0.4% |
| CRUS Cirrus Logic Inc. | 0.45% | 388,225 | $46.0M | Add +546.3% |
| ACA Arcosa Inc. | 0.44% | 426,705 | $45.4M | Add +8.0% |
| BAH Booz Allen Hamilton Holdings | 0.44% | 537,300 | $45.3M | New |
| FLS Flowserve Corp. | 0.44% | 650,815 | $45.2M | Reduce -1.8% |
| AMAT Applied Materials Inc. | 0.44% | 173,770 | $44.7M | New |
| IQV Iqvia Holdings Inc. | 0.43% | 195,165 | $44.0M | New |
| FCN Fti Consulting Inc. | 0.43% | 254,730 | $43.5M | New |
| CHDN Churchill Downs Inc. | 0.42% | 381,740 | $43.4M | New |
| ATI Ati Inc. | 0.42% | 377,550 | $43.3M | New |
| BBWI Bath & Body Works Inc. | 0.42% | 2,132,245 | $42.8M | Add +27.4% |
| ROAD Construction Partners Inc. Class A | 0.42% | 391,695 | $42.5M | New |
| DASH DoorDash Inc. Class A | 0.41% | 184,175 | $41.7M | New |
| RUSHA Rush Enterprises Inc. Class A | 0.40% | 761,066 | $41.1M | Reduce -35.5% |
| HLNE Hamilton Lane Inc. Class A | 0.40% | 304,185 | $40.9M | New |
| HLIO Helios Technologies Inc. | 0.40% | 758,737 | $40.6M | Reduce -2.1% |
| RKT Rocket Cos Inc. Class A | 0.40% | 2,089,610 | $40.5M | New |
| PFGC Performance Food Group Co. | 0.39% | 441,146 | $39.7M | Add +37.7% |
| MAS Masco Corp. | 0.39% | 621,305 | $39.4M | Add +2.3% |
| ALG Alamo Group Inc. | 0.38% | 233,590 | $39.2M | New |
| MRVL Marvell Technology Inc. | 0.38% | 461,384 | $39.2M | Reduce -2.2% |
| MTH Meritage Homes Corp. | 0.37% | 581,200 | $38.2M | Add +12.3% |
Portfolio Sells Q3 2025 → Q4 2025
| SPOT Spotify Technology SA | Sold out | 0.00% | −1.60 |
| WAL Western Alliance Bancorp | Reduce -81.5% | 0.33% | −1.40 |
| CMA Comerica Inc. | Reduce -100.0% | 0.00% | −1.29 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −1.23 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −1.07 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.86 |
| CIEN Ciena Corp. | Reduce -91.1% | 0.15% | −0.80 |
| TDG Transdigm Group Inc. | Reduce -92.0% | 0.07% | −0.74 |
| CADE Cadence Bank | Reduce -72.8% | 0.33% | −0.67 |
| RSG Republic Services Inc. | Reduce -100.0% | 0.00% | −0.57 |
| XYL Xylem Inc. | Reduce -39.1% | 0.76% | −0.50 |
| COF Capital One Financial Corp. | Reduce -43.0% | 1.15% | −0.50 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.48 |
| URI United Rentals Inc. | Reduce -16.2% | 1.54% | −0.48 |
| MSFT Microsoft Corp. | Reduce -16.8% | 2.33% | −0.46 |
| TNET Trinet Group Inc. | Sold out | 0.00% | −0.44 |
| META Meta Platforms Inc. Class A | Reduce -16.2% | 1.75% | −0.41 |
| COHR Coherent Corp. | Reduce -60.2% | 1.09% | −0.40 |
| ORLY O'reilly Automotive Inc. | Reduce -16.3% | 1.17% | −0.37 |
| NVDA Nvidia Corp. | Reduce -16.3% | 2.87% | −0.32 |
| JPM JPMorgan Chase & Co. | Reduce -23.4% | 1.70% | −0.32 |
| ICE Intercontinental Exchange Inc. | Reduce -25.1% | 1.05% | −0.31 |
| TREX Trex Company Inc. | Reduce -100.0% | 0.00% | −0.30 |
| AZO AutoZone Inc. | Reduce -99.7% | 0.00% | −0.25 |
| OWL Blue Owl Capital Inc. | Reduce -54.1% | 0.20% | −0.25 |
| ETN Eaton Corp. PLC | Reduce -8.3% | 1.15% | −0.22 |
| AMRZ Amrize Ltd. | Reduce -38.1% | 0.62% | −0.22 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -51.4% | 0.16% | −0.21 |
| BJ Bj's Wholesale Club Holdings | Reduce -43.7% | 0.29% | −0.21 |
| NOW ServiceNow Inc. | Reduce -11.1% | 0.75% | −0.19 |
| FAF First American Financial | Reduce -99.0% | 0.00% | −0.19 |
| AEO American Eagle Outfitters | Reduce -99.9% | 0.00% | −0.19 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -21.1% | 2.14% | −0.18 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -35.5% | 0.40% | −0.17 |
| FCFS Firstcash Holdings Inc. | Reduce -25.7% | 0.68% | −0.17 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.15 |
| HII Huntington Ingalls Industrie | Reduce -35.1% | 0.70% | −0.15 |
| HXL Hexcel Corp. | Reduce -32.8% | 0.81% | −0.14 |
| HRI Herc Holdings Inc. | Reduce -37.0% | 0.86% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -15.8% | 2.59% | −0.13 |
| AXON Axon Enterprise Inc. | Reduce -22.5% | 0.24% | −0.12 |
| BLD Topbuild Corp. | Reduce -24.4% | 0.77% | −0.12 |
| WRBY Warby Parker Inc. Class A | Reduce -4.8% | 0.49% | −0.12 |
| BLDR Builders Firstsource Inc. | Reduce -100.0% | 0.00% | −0.11 |
| SYF Synchrony Financial | Reduce -44.4% | 0.23% | −0.10 |
| FN Fabrinet | Reduce -64.9% | 0.08% | −0.09 |
| VST Vistra Corp. | Reduce -100.0% | 0.00% | −0.09 |
| EXE Expand Energy Corp. | Reduce -21.3% | 0.65% | −0.09 |
| SSNC Ss&c Technologies Holdings | Reduce -99.8% | 0.00% | −0.07 |
| EXP Eagle Materials Inc. | Reduce -4.8% | 0.63% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | New | 1.58% | +1.58 |
| AVGO Broadcom Inc. | Add +117.7% | 1.85% | +1.10 |
| NUE Nucor Corp. | Add +168.9% | 1.24% | +0.89 |
| SNPS Synopsys Inc. | New | 0.82% | +0.82 |
| CSL Carlisle Cos Inc. | New | 0.75% | +0.75 |
| AROC Archrock Inc. | New | 0.60% | +0.60 |
| BA The Boeing Co. | New | 0.55% | +0.55 |
| CW Curtiss-Wright Corp. | New | 0.50% | +0.50 |
| BAH Booz Allen Hamilton Holdings | New | 0.44% | +0.44 |
| AMAT Applied Materials Inc. | New | 0.44% | +0.44 |
| IQV Iqvia Holdings Inc. | New | 0.43% | +0.43 |
| FCN Fti Consulting Inc. | New | 0.43% | +0.43 |
| CHDN Churchill Downs Inc. | New | 0.42% | +0.42 |
| ATI Ati Inc. | New | 0.42% | +0.42 |
| ROAD Construction Partners Inc. Class A | New | 0.42% | +0.42 |
| DASH DoorDash Inc. Class A | New | 0.41% | +0.41 |
| HLNE Hamilton Lane Inc. Class A | New | 0.40% | +0.40 |
| RKT Rocket Cos Inc. Class A | New | 0.40% | +0.40 |
| ALG Alamo Group Inc. | New | 0.38% | +0.38 |
| CRUS Cirrus Logic Inc. | Add +546.3% | 0.45% | +0.38 |
| IFF Intl Flavors & Fragrances | New | 0.37% | +0.37 |
| WERN Werner Enterprises Inc. | New | 0.33% | +0.33 |
| FTI Technipfmc PLC | Add +101.5% | 0.54% | +0.32 |
| MIR Mirion Technologies Inc. | New | 0.30% | +0.30 |
| SNDR Schneider National Inc. Class B | New | 0.29% | +0.29 |
| COKE Coca-Cola Consolidated Inc. | Add +6.8% | 0.86% | +0.29 |
| NDAQ Nasdaq Inc. | Add +55.5% | 0.56% | +0.26 |
| TTI Tetra Technologies Inc. | New | 0.25% | +0.25 |
| EOSE Eos Energy Enterprises Inc. | New | 0.22% | +0.22 |
| LUMN Lumen Technologies Inc. | Add +58.3% | 0.36% | +0.19 |
| MLI Mueller Industries Inc. | Add +15.6% | 0.66% | +0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.9% | 1.22% | +0.19 |
| WCC Wesco International Inc. | Add +1.5% | 0.89% | +0.19 |
| DIS The Walt Disney Co. | Add +11.0% | 1.09% | +0.17 |
| CMC Commercial Metals Co. | Add +2.9% | 0.66% | +0.17 |
| SNDK Sandisk Corp. | New | 0.16% | +0.16 |
| CSW CSW Industrials Inc. | Add +5.8% | 0.52% | +0.14 |
| CMS CMS Energy Corp. | Add +26.1% | 0.54% | +0.12 |
| LNT Alliant Energy Corp. | Add +23.1% | 0.55% | +0.12 |
| RXO Rxo Inc. | New | 0.11% | +0.11 |
| SN Sharkninja Inc. | Add +27.3% | 0.33% | +0.11 |
| WEC WEC Energy Group Inc. | Add +26.2% | 0.55% | +0.11 |
| ACA Arcosa Inc. | Add +8.0% | 0.44% | +0.11 |
| NE Noble Corp. PLC | Add +38.1% | 0.29% | +0.10 |
| PFGC Performance Food Group Co. | Add +37.7% | 0.39% | +0.08 |
| CLH Clean Harbors Inc. | Add +2.3% | 0.85% | +0.08 |
| PR Permian Resources Corp. Class A | Add +0.9% | 0.52% | +0.08 |
| GATX Gatx Corp. | Add +6.7% | 0.81% | +0.08 |
| EVRG Evergy Inc. | Add +9.7% | 0.54% | +0.06 |
| IBP Installed Building Products | Add +7.6% | 0.33% | +0.06 |
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 |