VANGUARD STRATEGIC EQUITY FUND

VANGUARD HORIZON FUNDS · Series S000002593 · 1 share classes

Equity fund · 99% stocks
One fund, 1 share classes:VSEQX
$12.16B NAV
618 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 Strategic Equity Fund (the Fund) seeks to provide long-term capital appreciation.

Strategy · summarised

The fund employs active management to select small- and mid-capitalization domestic equity securities based on the advisor's assessment of their return potential, investing at least 80% of assets in equities. Performance depends on the quality of those security selections.

Expenses
0.17%one share class
Share classExpense ratio
VSEQX0.17%

Portfolio turnover 62.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.79%
of net assets
Stocks98.95%
Cash & short-term0.84%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 70 new63 exited

Largest new: CCL, ADM, DAR, DOW, ALLY, EXE, HAL, PPL

Largest exited: ROKU, FIX, LITE, NRG, FSLY, STX, Carnival Corp, BTU

Return profile

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

1-year
+41.10%
3-year
+77.56%
5-year
+74.00%
Volatility
12.46%
Worst 3-yr fall
-14.89%
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
State Street CorpSTT0.98%$118.93M
Vanguard Cmt Funds-Vanguard Market Liquidity Fund0.84%$101.80M
Teradyne IncTER0.78%$95.09M
EMCOR Group IncEME0.73%$89.26M
Edison InternationalEIX0.72%$87.41M
Extreme Networks IncEXTR0.72%$87.09M
Dollar General CorpDG0.65%$79.35M
Popular IncBPOP0.65%$78.39M
Globe Life IncGL0.63%$76.57M
EnerSysENS0.63%$76.26M
Showing 10 of 618Sign 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 7.32% of net assets, top 25 15.83%, across 617 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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