1y return+27.0%S&P 500 +20.9%
3y return+46.0%S&P 500 +68.5%
5y return+56.4%S&P 500 +74.5%
10y return+189.3%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $289 against $357 in the S&P 500.2
Vaughan Nelson Investment Management, L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corp | $336.5M | 3.0% | −4.1% |
| LLYEli Lilly & Co | $286.1M | 2.5% | −4.9% |
| GOOGLAlphabet Inc-cl A | $284.8M | 2.5% | −4.2% |
| TSMTaiwan Semiconductor-sp Adr | $230.9M | 2.0% | −5.2% |
| AAPLApple Inc | $209.8M | 1.9% | −3.6% |
| MPWRMonolithic Power Systems Inc | $200.4M | 1.8% | +4.0% |
| IWNIshares Russell 2000 Value Index Fund | $194.0M | 1.7% | −20.9% |
| CMICummins Inc | $184.0M | 1.6% | −3.9% |
| NUENucor Corp | $166.6M | 1.5% | −12.2% |
| AMZNAmazon.com Inc | $166.5M | 1.5% | −3.1% |
| Eaton Corp PLCCUSIP G29183103 | $164.4M | 1.5% | +6.1% |
| VMIValmont Industries | $142.9M | 1.3% | −2.0% |
| URIUnited Rentals Inc | $141.2M | 1.2% | −4.8% |
| SANMSanmina Corp | $138.4M | 1.2% | −28.3% |
| Exxon Mobil CorpCUSIP 30231G102 | $132.2M | 1.2% | −9.5% |
| JPMJp Morgan Chase & Co | $132.0M | 1.2% | −3.4% |
| AMATApplied Materials | $125.6M | 1.1% | −13.8% |
| SXTSensient Technologies | $124.6M | 1.1% | +12.0% |
| Cushman & Wakefield PLCCUSIP G2717C106 | $123.9M | 1.1% | +2.3% |
| SCHWSchwab Charles Corp | $123.4M | 1.1% | −2.7% |
| CSLCarlisle Cos Inc | $122.7M | 1.1% | +17.0% |
| VVisa Inc-class A Shrs | $121.5M | 1.1% | −4.8% |
| RVTYRevvity | $120.2M | 1.1% | +134.2% |
| MOG/AMoog Inc Cl A | $120.1M | 1.1% | New |
| GATXGatx Corp | $113.9M | 1.0% | +7.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corp | March 31, 2021 | +1399.0% | $336.5M |
| HUBBHubbell Inc Cl B | June 30, 2020 | +317.4% | $98.6M |
| CMICummins Inc | June 30, 2020 | +311.7% | $184.0M |
| JPMJp Morgan Chase & Co | June 30, 2020 | +248.0% | $132.0M |
| GOOGLAlphabet Inc-cl A | March 31, 2021 | +246.5% | $284.8M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $132.2M |
| GATXGatx Corp | June 30, 2020 | +190.6% | $113.9M |
| MPWRMonolithic Power Systems Inc | September 30, 2021 | +185.2% | $200.4M |
| AMATApplied Materials | December 31, 2025 | +181.3% | $125.6M |
| VMIValmont Industries | December 31, 2023 | +147.4% | $142.9M |
Sold off last quarter
- LECOLincoln Electric Holdings was $199.4M
- Honeywell International IncCUSIP 438516106 was $114.3M
- ICEIntercontinental Exchange Inc was $78.6M
- FCNFti Consulting Inc was $75.9M
- HIIHuntington Ingalls Industries was $69.8M
- MURMurphy Oil Usa Inc was $65.3M
- NFGNational Fuel Gas Co was $63.9M
- ALGAlamo Group Inc was $59.1M
- IFFIntl Flav & Frag was $56.9M
- EXPEagle Materials Inc was $53.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.5% | +14.8% |
| March 31, 2026 | −0.3% | −4.6% |
| December 31, 2025 | +3.4% | +2.4% |
| September 30, 2025 | +8.5% | +7.8% |
| June 30, 2025 | +6.3% | +10.5% |
| March 31, 2025 | −7.5% | −4.6% |
| December 31, 2024 | −0.5% | +2.1% |
| September 30, 2024 | +4.6% | +5.4% |
| June 30, 2024 | −3.6% | +4.0% |
| March 31, 2024 | +9.7% | +10.0% |
| December 31, 2023 | +12.0% | +11.2% |
| September 30, 2023 | −5.3% | −3.6% |
| June 30, 2023 | +6.3% | +8.3% |
| March 31, 2023 | +7.4% | +7.0% |
| December 31, 2022 | +8.2% | +7.1% |
| September 30, 2022 | −4.9% | −5.3% |
| June 30, 2022 | −14.5% | −16.5% |
| March 31, 2022 | −3.3% | −4.9% |
| December 31, 2021 | +10.0% | +10.7% |
| September 30, 2021 | +0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Vaughan Nelson Investment Management, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1021642&type=13F-HR&dateb=&owner=include&count=40CIK 1021642
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1021642/000102164226000003/Filed July 16, 2026 · accession 0001021642-26-000003