Vaughan Nelson Investment Management, L.P.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), Vaughan Nelson Investment Management, L.P. reported 222 stock positions worth $10.0 billion. Its top holding was Nvidia (NVDA) at 3.1% of the portfolio, followed by Alphabet Class A (GOOGL, 2.4%) and Eli Lilly (LLY, 2.3%). Compared with Q4 2025, it opened 40 new positions, sold out of 32, added to 78 and reduced 68. The biggest buy was Cummins (CMI, shares +9112%) and the biggest sale Microsoft (MSFT, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001021642
- Portfolio Value
- $10.0B (Q1 2026)
- SEC Filing
- 0001021642-26-000002 ↗ filed Apr 16, 2026
Holdings Value
Holdings 222 stocks · $10.0B
| NVDA Nvidia Corp. | 3.07% | 1,754,078 | $305.9M | Add +11.6% |
| GOOGL Alphabet Inc. Class A | 2.40% | 832,437 | $239.4M | Reduce -14.3% |
| LLY Eli Lilly & Co. | 2.32% | 250,918 | $230.8M | Add +9.1% |
| IWN iShares Russell 2000 Value E | 2.11% | 1,108,920 | $210.2M | Add +0.2% |
| LECO Lincoln Electric Holdings | 2.00% | 800,524 | $199.4M | Add +72.1% |
| AAPL Apple Inc. | 1.92% | 752,384 | $190.9M | Add +26.6% |
| XOM Exxon Mobil Corp. | 1.82% | 1,068,757 | $181.3M | Add +68.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.73% | 510,385 | $172.5M | Reduce -29.2% |
| MPWR Monolithic Power Systems Inc. | 1.53% | 139,352 | $152.4M | Reduce -45.9% |
| AMZN Amazon.com Inc. | 1.51% | 721,077 | $150.2M | Reduce -37.2% |
| CMI Cummins Inc. | 1.45% | 268,523 | $144.5M | Add +9111.8% |
| NUE Nucor Corp. | 1.45% | 851,805 | $144.0M | Add +9.2% |
| ETN Eaton Corp. PLC | 1.31% | 363,880 | $130.1M | Reduce -1.2% |
| SCHW Schwab (charles) Corp. | 1.30% | 1,374,120 | $129.1M | New |
| JPM JPMorgan Chase & Co. | 1.23% | 417,661 | $122.9M | Reduce -22.6% |
| ESI Element Solutions Inc. | 1.22% | 3,551,622 | $121.3M | Reduce -17.2% |
| SHOP Shopify Inc. Class A | 1.20% | 1,005,760 | $119.3M | New |
| HON Honeywell International Inc. | 1.15% | 505,800 | $114.3M | New |
| ROST Ross Stores Inc. | 1.14% | 523,250 | $113.4M | New |
| V Visa Inc. Class A | 1.13% | 371,925 | $112.4M | New |
| BURL Burlington Stores Inc. | 1.12% | 342,741 | $111.5M | Add +44.7% |
| CWK Cushman & Wakefield Ltd. | 1.11% | 9,048,011 | $110.9M | Reduce -2.0% |
| CLH Clean Harbors Inc. | 1.11% | 386,540 | $110.8M | Add +4.2% |
| WCC Wesco International Inc. | 1.11% | 404,730 | $110.7M | Add +8.4% |
| ILMN Illumina Inc. | 1.07% | 863,721 | $106.5M | New |
| GATX Gatx Corp. | 1.02% | 597,545 | $102.0M | Add +23.1% |
| VMI Valmont Industries | 1.01% | 252,605 | $100.9M | Add +3.8% |
| SANM Sanmina Corp. | 0.99% | 762,365 | $98.8M | Add +57.5% |
| SNPS Synopsys Inc. | 0.98% | 245,217 | $97.2M | Add +37.0% |
| VVV Valvoline Inc. | 0.97% | 2,881,998 | $97.1M | Add +6.7% |
| CSL Carlisle Cos Inc. | 0.97% | 289,117 | $96.5M | Add +20.7% |
| URI United Rentals Inc. | 0.96% | 130,947 | $95.4M | Reduce -32.7% |
| APAM Artisan Partners Asset Ma -A | 0.95% | 2,587,946 | $94.2M | Add +12.6% |
| HUBB Hubbell Inc. | 0.92% | 186,792 | $91.7M | Add +2.3% |
| FCFS Firstcash Holdings Inc. | 0.90% | 474,977 | $89.3M | Add +9.3% |
| AROC Archrock Inc. | 0.87% | 2,502,235 | $87.1M | Add +6.5% |
| COKE Coca-Cola Consolidated Inc. | 0.85% | 443,615 | $85.1M | Reduce -22.7% |
| JBTM JBT Marel Corp. | 0.85% | 664,550 | $85.0M | Add +34.3% |
| VMC Vulcan Materials Co. | 0.84% | 307,322 | $83.7M | Add +21.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.84% | 174,082 | $83.4M | Reduce -30.0% |
| BA The Boeing Co. | 0.82% | 408,024 | $81.2M | Add +58.8% |
| FTI Technipfmc PLC | 0.80% | 1,153,708 | $79.8M | Reduce -6.9% |
| CMS CMS Energy Corp. | 0.80% | 1,023,324 | $79.4M | Add +28.6% |
| EVRG Evergy Inc. | 0.80% | 967,304 | $79.2M | Add +25.9% |
| WEC WEC Energy Group Inc. | 0.79% | 678,954 | $78.6M | Add +28.3% |
| ICE Intercontinental Exchange Inc. | 0.79% | 499,715 | $78.6M | Reduce -24.6% |
| LNT Alliant Energy Corp. | 0.79% | 1,093,160 | $78.4M | Add +25.7% |
| SXT Sensient Technologies Corp. | 0.78% | 901,840 | $78.0M | New |
| MLI Mueller Industries Inc. | 0.78% | 702,105 | $77.8M | Add +18.6% |
| SR Spire Inc. | 0.77% | 851,732 | $77.1M | Reduce -10.8% |
| FCN Fti Consulting Inc. | 0.76% | 429,545 | $75.9M | Add +68.6% |
| META Meta Platforms Inc. Class A | 0.73% | 127,881 | $73.2M | Reduce -52.9% |
| AMRZ Amrize Ltd. | 0.72% | 1,272,918 | $71.3M | Add +8.4% |
| HII Huntington Ingalls Industrie | 0.70% | 183,725 | $69.8M | Reduce -12.8% |
| AMAT Applied Materials Inc. | 0.69% | 201,505 | $68.9M | Add +16.0% |
| MUR Murphy Oil Corp. | 0.66% | 1,582,227 | $65.3M | Reduce -21.6% |
| CW Curtiss-Wright Corp. | 0.65% | 94,740 | $64.5M | Add +2.2% |
| MTDR Matador Resources Co. | 0.64% | 1,013,825 | $64.1M | Reduce -7.5% |
| NFG National Fuel Gas Co. | 0.64% | 679,680 | $63.9M | New |
| WRBY Warby Parker Inc. Class A | 0.64% | 3,028,307 | $63.8M | Add +31.3% |
| PR Permian Resources Corp. Class A | 0.64% | 2,985,291 | $63.6M | Reduce -21.9% |
| NWN Northwest Natural Holding Co. | 0.64% | 1,189,201 | $63.3M | Reduce -14.6% |
| AR Antero Resources Corp. | 0.61% | 1,441,273 | $61.2M | Reduce -17.9% |
| ALG Alamo Group Inc. | 0.59% | 358,435 | $59.1M | Add +53.5% |
| FSS Federal Signal Corp. | 0.58% | 534,020 | $57.7M | New |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.57% | 784,570 | $56.9M | Add +38.6% |
| NE Noble Corp. PLC | 0.57% | 1,157,475 | $56.8M | Add +8.8% |
| ATI Ati Inc. | 0.56% | 382,375 | $55.6M | Add +1.3% |
| HWM Howmet Aerospace Inc. | 0.54% | 232,510 | $53.6M | New |
| EXP Eagle Materials Inc. | 0.54% | 281,600 | $53.3M | Reduce -10.3% |
| BBWI Bath & Body Works Inc. | 0.53% | 2,852,040 | $53.2M | Add +33.8% |
| MDU Mdu Resources Group Inc. | 0.53% | 2,531,705 | $52.5M | New |
| FLS Flowserve Corp. | 0.52% | 699,295 | $51.4M | Add +7.5% |
| HWKN Hawkins Inc. | 0.49% | 315,349 | $48.4M | Reduce -17.8% |
| PLAB Photronics Inc. | 0.48% | 1,185,405 | $47.9M | New |
| SLB SLB Ltd. filed as SLB LIMITED | 0.48% | 924,850 | $47.5M | New |
| HXL Hexcel Corp. | 0.47% | 580,280 | $47.0M | Reduce -48.1% |
| MRVL Marvell Technology Inc. | 0.47% | 471,884 | $46.7M | Add +2.3% |
| ACA Arcosa Inc. | 0.47% | 436,330 | $46.3M | Add +2.3% |
| OC Owens Corning | 0.46% | 423,790 | $45.9M | New |
| MCHP Microchip Technology Inc. | 0.46% | 707,740 | $45.7M | New |
| HLIO Helios Technologies Inc. | 0.45% | 693,072 | $44.8M | Reduce -8.7% |
| ROAD Construction Partners Inc. Class A | 0.45% | 402,390 | $44.7M | Add +2.7% |
| BKR Baker Hughes Co. | 0.45% | 726,095 | $44.3M | New |
| ACHC Acadia Healthcare Co. Inc. | 0.43% | 1,839,125 | $43.0M | New |
| NCLH Norwegian Cruise Line Holdin | 0.43% | 2,286,695 | $42.8M | New |
| CFR Cullen/Frost Bankers Inc. | 0.43% | 309,967 | $42.5M | Reduce -58.1% |
| CR Crane Co. | 0.43% | 248,087 | $42.4M | Add +61.8% |
| ABCB Ameris Bancorp | 0.42% | 541,995 | $42.3M | New |
| MTH Meritage Homes Corp. | 0.42% | 675,770 | $41.8M | Add +16.3% |
| SN Sharkninja Inc. | 0.42% | 394,505 | $41.8M | Add +29.3% |
| TMHC Taylor Morrison Home Corp. | 0.42% | 716,925 | $41.8M | Add +10.4% |
| PB Prosperity Bancshares Inc. | 0.42% | 621,114 | $41.7M | Reduce -53.4% |
| SSB Southstate Bank Corp. | 0.41% | 443,933 | $41.1M | New |
| CMC Commercial Metals Co. | 0.41% | 658,710 | $40.5M | Reduce -32.6% |
| RVTY Revvity Inc. | 0.41% | 461,265 | $40.4M | New |
| PH Parker Hannifin Corp. | 0.39% | 43,187 | $38.7M | Add +2.4% |
| MAS Masco Corp. | 0.39% | 635,320 | $38.4M | Add +2.3% |
| BWXT BWX Technologies Inc. | 0.37% | 182,135 | $37.2M | New |
| CSW CSW Industrials Inc. | 0.37% | 141,880 | $37.0M | Reduce -22.1% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -99.2% | 0.02% | −2.31 |
| AVGO Broadcom Inc. | Reduce -99.0% | 0.02% | −1.83 |
| ZION Zions Bancorp NA | Reduce -93.1% | 0.12% | −1.58 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −1.17 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −1.15 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −1.09 |
| AMZN Amazon.com Inc. | Reduce -37.2% | 1.51% | −1.08 |
| META Meta Platforms Inc. Class A | Reduce -52.9% | 0.73% | −1.02 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.77 |
| XYL Xylem Inc. | Sold out | 0.00% | −0.76 |
| BRKR Bruker Corp. | Sold out | 0.00% | −0.76 |
| MPWR Monolithic Power Systems Inc. | Reduce -45.9% | 1.53% | −0.75 |
| COHR Coherent Corp. | Reduce -76.3% | 0.34% | −0.75 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.75 |
| HRI Herc Holdings Inc. | Reduce -72.7% | 0.16% | −0.70 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.65 |
| PVH PVH Corp. | Sold out | 0.00% | −0.64 |
| URI United Rentals Inc. | Reduce -32.7% | 0.96% | −0.58 |
| GOOGL Alphabet Inc. Class A | Reduce -14.3% | 2.40% | −0.57 |
| NDAQ Nasdaq Inc. | Reduce -100.0% | 0.00% | −0.56 |
| STAG Stag Industrial Inc. | Reduce -88.8% | 0.07% | −0.56 |
| SIGI Selective Insurance Group | Reduce -56.9% | 0.35% | −0.53 |
| GIL Gildan Activewear Inc. | Sold out | 0.00% | −0.52 |
| THG Hanover Insurance Group Inc./ | Reduce -62.4% | 0.29% | −0.49 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −0.49 |
| CFR Cullen/Frost Bankers Inc. | Reduce -58.1% | 0.43% | −0.49 |
| PB Prosperity Bancshares Inc. | Reduce -53.4% | 0.42% | −0.48 |
| JPM JPMorgan Chase & Co. | Reduce -22.6% | 1.23% | −0.47 |
| CRUS Cirrus Logic Inc. | Sold out | 0.00% | −0.45 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.44 |
| IQV Iqvia Holdings Inc. | Reduce -98.4% | 0.01% | −0.42 |
| CHDN Churchill Downs Inc. | Sold out | 0.00% | −0.42 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -29.2% | 1.73% | −0.41 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.41 |
| HLNE Hamilton Lane Inc. Class A | Sold out | 0.00% | −0.40 |
| PFGC Performance Food Group Co. | Reduce -100.0% | 0.00% | −0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -30.0% | 0.84% | −0.38 |
| CWK Cushman & Wakefield Ltd. | Reduce -2.0% | 1.11% | −0.35 |
| HXL Hexcel Corp. | Reduce -48.1% | 0.47% | −0.34 |
| CADE Cadence Bank | Sold out | 0.00% | −0.33 |
| WERN Werner Enterprises Inc. | Sold out | 0.00% | −0.33 |
| HOOD Robinhood Markets Inc. Class A | Reduce -100.0% | 0.00% | −0.32 |
| GXO Gxo Logistics Inc. | Reduce -85.8% | 0.05% | −0.31 |
| MIR Mirion Technologies Inc. | Sold out | 0.00% | −0.30 |
| BJ Bj's Wholesale Club Holdings | Reduce -99.9% | 0.00% | −0.29 |
| SNDR Schneider National Inc. Class B | Sold out | 0.00% | −0.29 |
| WTS Watts Water Technologies-A | Sold out | 0.00% | −0.27 |
| ICE Intercontinental Exchange Inc. | Reduce -24.6% | 0.79% | −0.26 |
| CMC Commercial Metals Co. | Reduce -32.6% | 0.41% | −0.25 |
| SYF Synchrony Financial | Reduce -99.9% | 0.00% | −0.23 |
Portfolio Buys Q4 2025 → Q1 2026
| CMI Cummins Inc. | Add +9111.8% | 1.45% | +1.44 |
| SCHW Schwab (charles) Corp. | New | 1.30% | +1.30 |
| SHOP Shopify Inc. Class A | New | 1.20% | +1.20 |
| HON Honeywell International Inc. | New | 1.15% | +1.15 |
| ROST Ross Stores Inc. | New | 1.14% | +1.14 |
| V Visa Inc. Class A | New | 1.13% | +1.13 |
| XOM Exxon Mobil Corp. | Add +68.0% | 1.82% | +1.07 |
| ILMN Illumina Inc. | New | 1.07% | +1.07 |
| LECO Lincoln Electric Holdings | Add +72.1% | 2.00% | +0.91 |
| SXT Sensient Technologies Corp. | New | 0.78% | +0.78 |
| NFG National Fuel Gas Co. | New | 0.64% | +0.64 |
| FSS Federal Signal Corp. | New | 0.58% | +0.58 |
| HWM Howmet Aerospace Inc. | New | 0.54% | +0.54 |
| MDU Mdu Resources Group Inc. | New | 0.53% | +0.53 |
| PLAB Photronics Inc. | New | 0.48% | +0.48 |
| SLB SLB Ltd. | New | 0.48% | +0.48 |
| OC Owens Corning | New | 0.46% | +0.46 |
| MCHP Microchip Technology Inc. | New | 0.46% | +0.46 |
| BURL Burlington Stores Inc. | Add +44.7% | 1.12% | +0.45 |
| BKR Baker Hughes Co. | New | 0.45% | +0.45 |
| ACHC Acadia Healthcare Co. Inc. | New | 0.43% | +0.43 |
| NCLH Norwegian Cruise Line Holdin | New | 0.43% | +0.43 |
| ABCB Ameris Bancorp | New | 0.42% | +0.42 |
| SSB Southstate Bank Corp. | New | 0.41% | +0.41 |
| RVTY Revvity Inc. | New | 0.41% | +0.41 |
| BWXT BWX Technologies Inc. | New | 0.37% | +0.37 |
| HLI Houlihan Lokey Inc. | New | 0.36% | +0.36 |
| UBSI United Bankshares Inc. | New | 0.35% | +0.35 |
| WSFS WSFS Financial Corp. | New | 0.34% | +0.34 |
| WTFC Wintrust Financial Corp. | New | 0.34% | +0.34 |
| UCB United Community Banks | New | 0.34% | +0.34 |
| FFBC First Financial Bancorp | New | 0.34% | +0.34 |
| COLB Columbia Banking System Inc. | New | 0.34% | +0.34 |
| AAPL Apple Inc. | Add +26.6% | 1.92% | +0.34 |
| FCN Fti Consulting Inc. | Add +68.6% | 0.76% | +0.34 |
| UMBF Umb Financial Corp. | New | 0.33% | +0.33 |
| GBCI Glacier Bancorp Inc. | New | 0.33% | +0.33 |
| ONB Old National Bancorp | New | 0.33% | +0.33 |
| GAP The Gap Inc. | New | 0.33% | +0.33 |
| AGX Argan Inc. | New | 0.28% | +0.28 |
| SANM Sanmina Corp. | Add +57.5% | 0.99% | +0.28 |
| NE Noble Corp. PLC | Add +8.8% | 0.57% | +0.28 |
| AROC Archrock Inc. | Add +6.5% | 0.87% | +0.28 |
| AZO AutoZone Inc. | Add +42389.5% | 0.27% | +0.27 |
| BA The Boeing Co. | Add +58.8% | 0.82% | +0.27 |
| CLH Clean Harbors Inc. | Add +4.2% | 1.11% | +0.26 |
| AMAT Applied Materials Inc. | Add +16.0% | 0.69% | +0.26 |
| CMS CMS Energy Corp. | Add +28.6% | 0.80% | +0.25 |
| EVRG Evergy Inc. | Add +25.9% | 0.80% | +0.25 |
| HBM Hudbay Minerals Inc. | New | 0.25% | +0.25 |
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 |