VANGUARD PRIMECAP FUND

VANGUARD CHESTER FUNDS · Series S000002568 · 2 share classes

Equity fund · 98% stocks
One fund, 2 share classes:VPMCXVPMAX
$96.11B NAV
172 positions · as of 2026-06-30 · filed 2026-08-28
data updated 2026-09-08

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 Q2

100.09%
of net assets
Stocks98.46%
Cash & short-term1.63%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 5 new2 exited

New: FDXF, CCL, DD, HONA, MCK

Exited: DuPont de Nemours Inc, Carnival Corp

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+48.06%+93.55%+91.08%17.03%-7.86%
+48.18%+93.97%+91.77%17.02%-7.85%

These classes hold the same portfolio, so the 0.69pp spread over 5 years is the cost difference between them — roughly 0.14pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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
Micron Technology IncMU13.50%$12.97B
Intel CorpINTC6.79%$6.53B
Eli Lilly & CoLLY6.76%$6.49B
KLA CorpKLAC3.85%$3.70B
Alphabet IncGOOGL3.52%$3.39B
AstraZeneca PLC2.35%$2.26B
NVIDIA CorpNVDA2.33%$2.24B
Amazon.com IncAMZN2.05%$1.97B
Tesla IncTSLA1.89%$1.81B
Biogen IncBIIB1.88%$1.81B
Showing 10 of 172Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 44.91% of net assets, top 25 66.30%, across 171 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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