VANGUARD INSTITUTIONAL INDEX FUND

VANGUARD INSTITUTIONAL INDEX FUNDS · Series S000002853 · 2 share classes

Equity fund · 100% stocks
One fund, 2 share classes:VINIXVIIIX
$315.46B NAV
516 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard Institutional Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks.

Strategy · summarised

The fund tracks the S&P 500 Index by holding all or substantially all of its constituent stocks in the same proportions as the index. Because the fund replicates the index rather than sampling it, its returns should closely match the index's performance. The fund may become concentrated in particular issuers or industries if the index itself does, particularly following index rebalances or shifts in market valuations.

Expenses
0.02% 0.03%across 2 share classes
Share classExpense ratio
VINIX0.03%
VIIIX0.02%

Portfolio turnover 4.00% · as of 2026 Q2

Allocation

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

99.95%
of net assets
Stocks99.73%
Cash & short-term0.22%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 15 new6 exited

Largest new: VRT, CIEN, LITE, COHR, ECHO

Largest exited: Dayforce Inc, MOH, PAYC, MTCH, LW

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
NVIDIA CorpNVDA7.58%$23.89B
Apple IncAAPL6.66%$21.01B
Microsoft CorpMSFT4.91%$15.50B
Amazon.com IncAMZN3.64%$11.47B
Alphabet IncGOOGL2.99%$9.44B
Broadcom IncAVGO2.62%$8.27B
Alphabet IncGOOG2.40%$7.56B
Meta Platforms IncMETA2.24%$7.06B
Tesla IncTSLA1.87%$5.90B
Berkshire Hathaway IncBRK/B1.57%$4.95B
Showing 10 of 516Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 36.47% of net assets, top 25 49.38%, across 502 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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