VANGUARD PRIMECAP FUND

VANGUARD CHESTER FUNDS · Series S000002568 · 2 share classes

Equity fund · 99% stocks
One fund, 2 share classes:VPMCXVPMAX
$72.40B NAV
169 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q1

Vanguard PRIMECAP Fund (the Fund) seeks to provide long-term capital appreciation.

Strategy · summarised

The fund pursues active management, selecting large- and mid-capitalization stocks that managers believe offer above-average earnings growth potential not yet reflected in market prices. The fund may allocate up to 25% of assets to foreign securities, including depositary receipts traded on U.S. or foreign markets.

Expenses
0.27% 0.35%across 2 share classes
Share classExpense ratio
VPMCX0.35%
VPMAX0.27%

Portfolio turnover 11.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.96%
of net assets
Stocks98.99%
Cash & short-term0.96%

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 7 new5 exited

New: AstraZeneca PLC, Roche Holding AG, BA, WM, LHX, XEL, ILMN

Exited: AstraZeneca PLC, Roche Holding AG, IQV, FIS, SOLS

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Eli Lilly & CoLLY6.92%$5.01B
Micron Technology IncMU5.95%$4.30B
Alphabet IncGOOGL3.79%$2.74B
AstraZeneca PLC3.27%$2.37B
KLA CorpKLAC3.02%$2.19B
Intel CorpINTC2.85%$2.06B
NVIDIA CorpNVDA2.71%$1.96B
Amgen IncAMGN2.68%$1.94B
FedEx CorpFDX2.65%$1.91B
Amazon.com IncAMZN2.40%$1.73B
Showing 10 of 169Sign in to see more

Top 10 positions are 36.23% of net assets, top 25 61.81%, across 168 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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